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1.67 carat solitare selling price

Voytek

Rough_Rock
Joined
Apr 22, 2011
Messages
2
Hi, I would like to know what I should sell this ring for.

Wholesaler offering me $7000.

GIA # 12284223

Carat = 1.67
Measurements = 7.64 - 7.72 x 4.71 mm
Color grade = I
Clarity grade = SI2
Depth = 61.3%
Table = 58%
Gridle: thin to medium, faceted.
Polish = very good
Symmetry = very good

It is set on a platinum band.

I bought it for $6000 in 2001. Appraised and insured for $15000.

I am thinking about selling this but would love to learn more about how much its worth.

Thank you in advance
Voytek
 

diamondseeker2006

Super_Ideal_Rock
Premium
Joined
Jan 11, 2006
Messages
55,610
If you bought it for $6000 and you are being offered $7000 I think you are pretty lucky to get that much. Diamonds have gone up a lot, but it takes a few years, usually, to get at least your purchase price back when selling second hand. But you can do a search on here and see what similar stones are selling for under the Resources tab, Diamond Search. Obviously those will be retail prices and will be higher than the $7000, but it might give you some bargaining power to know how much he can sell the diamond for now.
 

Voytek

Rough_Rock
Joined
Apr 22, 2011
Messages
2
Thank you for the reply!

How do the stats of this stone rack up?

Is the clarity good? color? is it a "top of the line, mid grade, poor" stone?

I'm sorry for the ignorance, but all those different values have me confused.
 

slg47

Ideal_Rock
Joined
Apr 4, 2010
Messages
9,667
Voytek|1303482429|2902604 said:
Thank you for the reply!

How do the stats of this stone rack up?

Is the clarity good? color? is it a "top of the line, mid grade, poor" stone?

I'm sorry for the ignorance, but all those different values have me confused.

hard to tell about stats, this stone was sent to GIA before GIA started issuing cut grade.


some reading

color
https://www.pricescope.com/wiki/diamonds/diamond-color/

clarity
https://www.pricescope.com/wiki/diamonds/diamond-clarity/
 

oldminer

Ideal_Rock
Trade
Joined
Sep 3, 2000
Messages
6,377
.
$7,000 from a dealer is an outstanding offer and you should grab it if you want to sell the diamond. Don't think about it too long or you may not ever get another offer so high.
 

texaskj

Brilliant_Rock
Joined
Aug 31, 2010
Messages
1,196
Run, do not walk to that dealer and then run to the bank with your $7,000. A thousand dollar profit is amazing for that ring.
 

Luminous-MB

Rough_Rock
Trade
Joined
Jan 28, 2011
Messages
84
Oldminer|1303486974|2902656 said:
.
$7,000 from a dealer is an outstanding offer and you should grab it if you want to sell the diamond. Don't think about it too long or you may not ever get another offer so high.
Seriously! :errrr:
 

Dancing Fire

Super_Ideal_Rock
Premium
Joined
Apr 3, 2004
Messages
31,495
Oldminer|1303486974|2902656 said:
.
$7,000 from a dealer is an outstanding offer and you should grab it if you want to sell the diamond. Don't think about it too long or you may not ever get another offer so high.
and make sure his check don't bounce... :bigsmile:
 
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