1.52 carat princess

[booda]

i recently purchased a 1.52 carat princess cut loose diamond. after reading various posts at various forums, i am beginning to wonder if i bought a good stone, or even if i got a good deal. the stone is intended for an engagement ring. here are some details of the stone:

GIA certified may 10, 2002
Shape and Cutting Style: SQUARE MODIFIED BRILLIANT
Measurements: 6.06 X 5.97 X 4.82mm
Weight: 1.52 carat
Depth: 80.7%
Table: 73%
Girdle: THIN TO VERY THICK
Culet: NONE
Polish: GOOD
Symmetry: GOOD
Clarity Grade: VS1
Color Grade: G
Flourescence: NONE


My dimensions seem to be smaller than other 1.52 carat princess cut diamonds i have seen posted. Also, without seeing the diamond itself, but based on the information above, what would you estimate the value to be?

Thanks!

 

[oldminer]

It is somewhat deep at 80%+ depth. This makes the length and width smaller for a given weight. It could be a lively diamond, but it could also have been cut differently. Cutting this piece of rough in a different way might have made a diamond with less weight and the same length and width. Less weight may have made this diamond less valuable, so there is no way to win on certain stones.

I suggest you search pricescope for similar and also search for 1.35ct-1.40ct, less deep princess cuts of the same color and clarity, to get a full handle on the "value" of your diamond.

 

[moremoremore]

Yes! Why pay for the 1.5 premium, when it will look like a 1.35?

 

[valeria101]

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On 6/29/2004 9:48:37 AM moremoremore wrote: <hr size="1"

Why pay for the 1.5 premium, when it will look like a 1.35?

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That's the point

this stone should have been discounted for it's extra depth. If the price is nowhere near the range of pieces with the same grades and size (area face up, not weight) and a more pallatable near 70% depth, than the "deal" may be questioned.

As far as I know, these extra deep stones are sometimes presented as a "bargain" for someone shopping for a certain weight with no concern of size and cut. Well, they may not be true bargains, given the smaller size, but there is a fair price for anything. After all, the piece could be very brilliant and attractive.

With the required grain of salt, the size of this piece may be achievable at nearly 7k and the weight with more mainstream proportions would reach both 7mm and nearly 10k. All these correspond to GIA certificates. Was it a good deal?

 

[booda]

thank you all for your responses. my actual cost for the stone was $7700. i bought the stone at a jewelry show and now feel that i most definitely could have found a better diamond at a better price online. i will consider this an expensive lesson and do it the right way next time. however, i have not proposed yet and have not bought a setting yet, so maybe i can try and sell this stone and start from scratch again. any suggestions on where to sell this stone? ebay?

thanks again!

 

[moremoremore]

valeria...that WAS my point.

 

[valeria101]

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On 6/29/2004 10:06:06 AM moremoremore wrote:

valeria...that WAS my point.----------------

Me and my attention....

The price seems close to what the size commends. It could have been 7k instead of 7.7k but there is a premium for shopping "on the ground". This makes some sense, since it takes a leap of faith to order diamodns sight unseen. This does not sounds like a dissapointing disaster to me

 

[moremoremore]

 

[booda]

Thank you! the next time i buy a loose precious stone, i will make sure that i am more educated. also, thank you for making me feel better in that i did not overpay by too much!