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11K Budget. Diamond Advice

06pvc

Shiny_Rock
Joined
Dec 8, 2011
Messages
194
Hello. My first post at the site.

I have an 11K Budget, and have been looking at a round >= 2ct.

From my reading here and elsewhere, it seems the best way form e to accomplish this is to get a diamond in the J-K with low but eye clean clarity, and the highest possible cut.

Below is 1 diamonds I found
GIA: J. 2.2 ct. Excellent Cut. HCA Score 5

2469816.%20GIA.%20J.%202.20.%20Excellent.%20SI2.%20HCA%20Score%205.jpg
 
And another.
EGL USA: 2.35ct. H. Very Good Cut. HCA Score 2.5
http://oi44.tinypic.com/28veoh0.jpg

Sorry for tinypic, had trouble posting in message.
Any advice appreciated. Thanks.
 
Welcome! Do you have the link to the GIA report for that diamond?

Prices of diamonds have been very high this year, and you simply are not going to get a well cut diamond of decent color and clarity over 2 cts. for $11,000. I don't recommend going below J color and SI2 for an engagement ring and that is pushing it. You have to be careful to make sure the SI2 is eyeclean.

Here's an example of what you can get in excellent cut (except I wouldn't buy it because it is a little deep):

http://www.jamesallen.com/diamonds/J-SI2-Premium-Cut-Round-Diamond-1445196.asp

2 ct. J SI2's start around $15,000 and again, many will not be eyeclean.

I would advise you to maybe start over at 1.5 cts. and look at I SI1's:

http://www.jamesallen.com/diamonds/I-SI1-Ideal-Cut-Round-Diamond-1421159.asp
 
06pvc|1324532396|3086637 said:
And another.
EGL USA: 2.35ct. H. Very Good Cut. HCA Score 2.5
http://oi44.tinypic.com/28veoh0.jpg

Sorry for tinypic, had trouble posting in message.
Any advice appreciated. Thanks.

EGL is not reliable grading, so that stone likely really is K-L color and the clarity looks really bad. You need to stick with GIA excellent cut stones or even J color is going to look tinted.
 
Diamond Seeker. Thanks for the quick reply and help.
Here is the GIA report for the first diamond.
http://www.b2cjewels.com/Images//Certificate//2469816.pdf

For a bigger size would you recommend maybe I look at Princess/Oval/Pear? My problem with these is there is no HCA type tool. Maybe the community here's insight will be the tool :).
 
Hi 06pvc, will this diamond be for you or another person? If it's for you, great, but if it's for another person, have you gotten any feedback from them regarding a warmer color like a K? Just checking :)

Regarding the 2 most recent stones you found, if you HAD to pick one of these, I would personally prefer the SI1 stone as the SI2 stone has a brown fuzzy area near the center of the stone. Brown fuzzy area might be noticeable in real life...
 
Well, I don't know why it hasn't been said but here it is.

CUT is the one thing you don't want to compromise on. Cut is what makes the diamond sparkle and what you should put your money toward. In rounds: stick to AGS0 stones and GIA Ex/Ex stones with good HCA scores (under 2) from vendors who can give you an ideal scope image.

Your 11K budget is not going to get you a really nicely cut 2.2 stone without significant compromises to color and clarity (which you've figured out). But I want to make sure you have cleared the K color with whoever the ring is for. I personally would be fine with a K colored stone, in the right stone, but I know many people who would not be. The only person whose opinion matters is the one wearing it-- so please check with them before you go on.

Now to the carat question. If you go for a 1.8 or 1.9 *just under 2 carats* you will find your budget does farther. You REALLY do not have a 2 carat budget in a round. WHY do you need to hit the 2 carat mark? Is she requiring it? If so this is a great opportunity for you to strengthen your relationship with an honest talk about budgets and expectations.

As for other shapes. Again-- we can tell you what WE like. But it is irrelevant. Do not go looking for different shapes without knowing what the person wearing the ring likes. Even women who know NOTHING about diamonds will absolutely know if they like ovals or dislike pears. So ASK her-- or figure out how to have a mother, sister, cousin, friend ask her what shapes she likes and what shapes she doesn't. AND STICK TO IT.

ETA: Also is SIZE the most important thing for you? Or is carat weight. There is a huge difference between the two.
 
06pvc|1324533370|3086641 said:
Diamond Seeker. Thanks for the quick reply and help.
Here is the GIA report for the first diamond.
http://www.b2cjewels.com/Images//Certificate//2469816.pdf

For a bigger size would you recommend maybe I look at Princess/Oval/Pear? My problem with these is there is no HCA type tool. Maybe the community here's insight will be the tool :).
I just saw this report. I actually think it has potential. My previous 1.01 FVS2 had very similar proportions and even though the HCA would have rejected the diamond, it was gorgeous in real life.

Also, can you ask if it's eye-clean? This is all assuming that the person who will be wearing the diamond will be comfortable with a J color. :)
 
Shortie: The picture of the J is in the OP. Is that sufficient to tell if its eye clean? If so I think the diamond does well in carat and color. So if you think it has good cut potential then that is 3 of the 4. And if you thin it has good clarity then that is 4/4.

Gypsee: Thanks for the words of wisdom, both with regards to diamond and relationship. I agree absolutely about the arbitrary 2 carat mark. Per 4cs. Her priority is Carat, Cut, Color/Clarity.

But I want to make sure you have cleared the K color with whoever the ring is for: This is tricky because she is in a place where she can't see diamonds in person. She says K is okay, and realizes J/K is the only way she can a large round diamond. However again without seeing it in person. I believe her preferences are larger and sparkly.

"ETA: Also is SIZE the most important thing for you? Or is carat weight. There is a huge difference between the two." Can you specify the difference between the two. Are you referring to the fact some shapes look different then others?

As for other shapes. Her order of preference is Round, Princess, Radiant, Cushion, Oval, Pear. I don't think she is in love with any one particularly, and realizes there is a trade-off between her preferences and the quality the diamond she will get. So I think this gives me some flexibility as to shape. My issue look at non-round shapes though is the difficulty in accessing their cut. If I where to get a non-round does it make sense to do it through a place like goodoldgold? How much of a markup over james allen would going through goodoldgold entail? Or is the wisdom of pricescope sufficent. I have relayed heavily on forum advice in other important aspects of life, so am happy to include the diamond in that category.

Thanks for the help.
 
HI 06,
Welcome to PS.
I have found many instances where a GIA VG cut grade can be an exceptional looking diamond.
I love the aspects of cut that make a really well cut diamond do the things such an animal does- sparkle like crazy- have a good size for it's weight at two of the main things.
When we get "esoteric" in terms of cut=- we can separate different subtleties within the well cut diamonds.
But if we place that above the "C" that you've listed as your priority- who do you get a great cut- but not necessarily "the best" cut- and thereby possibly save some dough.
Well, the ability to look at some diamonds is going to help you here.
You may find that the qualities that define "the best cut" don't look as good to you as another really well cut, but not "ideal" cut diamond exhibits.

First I think you need to find out what shape you're going for- that's very good advice.
Then, you probably want to look at some GIA graded K color diamonds.
 
Okay. Good information.

Regarding the difference between size and carat here are some examples:

All at 1 carat and from the same vendor (to keep markup cost the same).

1.06 carat K SI AGS 0 ideal Round Brilliant. http://www.jamesallen.com/diamonds/K-SI2-Ideal-Cut-Round-Diamond-1392283.asp

$4,670 buys you 6.6mm x 6.6mm in SIZE.

1.04 carat K SI GIA Princess http://www.jamesallen.com/diamonds/K-SI1-Ideal-Cut-Princess-Diamond-1441442.asp

$2690 buys you 5.8 x 5.7 in SIZE (carat weight is the same).

1.05 carat K SI oval http://www.jamesallen.com/diamonds/K-SI2-Ideal-Cut-Oval-Diamond-1389104.asp (this is not a pretty oval, but JA has it listed as ideal cut so the pricepoint is the same as the others)

$2,270 buys you 8.2 by 5.7mm in SIZE (carat weight is the same).


All of these are at a carat. All of them have very different price points. ALL of them give you a different size on the hand.

Princesses are going to face up smaller than just about any other cut on you list. But you can get a very nice 2 carat princess for your price range. It will just look smaller than a 2 carat oval or 2 carat round (or even 1.8 oval or round). You can get AGS0 princesses and they are as easy to shop for as rounds. Just stick to AGS 0 and get an ASET image. You will want to stick to higher color than K though as princesses can show color at the tips.

If your lady wants to say "I have a 2 carat stone" then princess is a great option for you. http://www.jamesallen.com/diamonds/I-SI1-Ideal-Cut-Princess-Diamond-1423410.asp It measures 7.1 mm x 7.1 mm

If your lady wants the stone that LOOKS the largest though... A round diamond OVER 1.5 carats is going to look either as or just larger than the 2 carat princess: http://www.jamesallen.com/diamonds/H-SI1-Ideal-Cut-Round-Diamond-1442932.asp 7.2mm x 7.1 mm. OR( for example) a 1.5 carat oval http://www.jamesallen.com/diamonds/H-VVS2-Ideal-Cut-Oval-Diamond-1413717.asp 8.3 x 6.4 at 1.5 carats (yes, I highly recommend a vendor like Good Old Gold if you want a fancy shape other than a princess, because they will be able to hunt down and then show you the best cut diamonds available in your shape/budget and provide you with enough information to make an educated decision).

So my question was-- which one matters to your lady. Does she want to hit the 2 carat mark? Or does she want the stone that looks the largest, even if it weighs LESS than 2 carats? Is the weight more important to her (2 carats) or the appearance (spread).

ETAL Color also looks different on different shapes. An ideal round K will be whiter than an ideal princess K or a well cut oval K. So keep in mind that if you stick to rounds, you can go down in color whereas you would be able to in a different shape. But rounds are the most expensive shape per carat, so you also wouldn't HAVE to go down to a K in a different shape.
 
Thanks for all the replays. It is helping to shape the formation of my opinions.

RockDiamond:
Per
Code:
First I think you need to find out what shape you're going for- that's very good advice. Then, you probably want to look at some GIA graded K color diamonds."

I appreciate your opinion on Cut. I think I need to go to a B&M and look at the incremental difference between the different cuts. At the moment after Carat, cut is my #1 priority.

Gypsy: Thanks for all the words of wisdom.

Also I talked it over with the Ms. and both a K and something a little less than 2 are fine.

On the subject of shape. My understanding is that a Round will give off the most sparkle. So if I am looking for the most sparkle and the biggest looking diamond is round the way to go even if it is more expensive per carat? Also my understanding is round masks the color the best which would be another point in its favor. However if Oval also provides comperable brilliance to Round and looks bigger maybe this is the better choice.

Also does anyone have any experience about how GoodOldGolds prices compare to James Allen. Which do you think is the better choice if I am going for a round? It seems like GoodOldGold can search a larger array of diamonds, which would give me access to a larger selection than JA.

Also if I am going to get a K stone. Does anyone know of a site that sells settings with lower color grade diamonds? My understanding is a K won't look to nice next to a pave/halo with H stones.

Related. What is wrong with this diamond? The price is ridiculously low, and it gets a TIC HCA Score.
http://www.b2cjewels.com/dd-2480931-2.01-carat-Round-diamond-K-color-SI2-clarity.aspx
It seems like b2c has really low priced diamonds. Is the correct assumption that something is wrong with them. Or if they are eye clean, and get a TIC in the HCA tool, are they worth taking a risk on?

Thanks for all the help.
 
If she valued carat over other things, then do you think she would be interested in an old cut, like an OEC? Or perhaps a cushion? I ask because I think those cuts look much better in more tinted colors than typical modern round brilliants. If well selected, they can have as much sparkle as a modern round brilliant. Well, that is not entirely true ;)) In my opinion and experience, nothing beats a really well cut RB for brilliance and WHAM BAM. But OECs and cushions can look pretty darn good too and you can get a lot of rock for your money in a lower color.
 
She is so-so on coushin. I think OECs look great though, and I would be happy to get one. However, it seems like they are hard to come by. Do you have any recommendations of where I could look for one?

Would this be something to get through a place like Goodoldgold?
 
We can help you find a nice OEC. Jewels by Erica Grace is one vendor that has nice ones as well. The last one on this page is beautiful: http://jewelsbyericagrace.com/loose_antique_and_estate_diamonds but probably warmer than listed by GIA standards as it is graded by EGL.

Here are a few listings. Even though EGL is NOT a reliable lab, unfortuntely it is the lab most often used for antique stones.
http://www.ebay.com/itm/1940s-TRANSITIONAL-CUT-1-95CT-K-VS2-RETRO-DECO-PLATINUM-IDEAL-BRILLIANT-RING-/220876395537?pt=US_Fine_Rings&hash=item336d425411 It will be closer to GIA L-M color though, so I think you can do better on price. I would pay closer to 8k honestly for this diamond. 8,500 at the max. And that's with a full return policy and inspection by a good independent appraiser. I do like the setting though.

http://www.ebay.com/itm/GIA-Hand-Engraved-Platinum-Art-Deco-Diamond-Ring-1-74Cts-/360413265967?pt=Handcrafted_Artisan_Jewelry&hash=item53ea4e002f I like this one. I'd pay about 8,250-8,500k for it since the certificate is GIA. And I like the setting.




But if K is okay and under 2 carat is okay. Your best bet with color masking IS an ideal round brilliant.

I think with your budget your best bet is to call Mark at Engagement Rings Direct. He can take photos an IS and an ASET, he knows what PSers look for in a round brilliant, he can get you GIA Ex/Ex stones and he's right in the diamond district and might be able to find you an older stock diamond for less than newer stock. Alternately you can call Yekutiel of ID Jewelry and ask him to find a stone for you.

I would tell them the largest J-K eyeclean diamond with great light return (you don't need hearts and arrows) they can find you. If truly eyeclean an SI2 is a great bargain-- they they need to be inspected on a case by case basis by a vendor who knows what he is looking at and for.

Both vendors are great at working with tighter budgets.

GOG has too great a markup for round brilliants, IMO. James Allen doesn't so you can also look there.
 
06pvc|1324604382|3087176 said:
"ETA: Also is SIZE the most important thing for you? Or is carat weight. There is a huge difference between the two." Can you specify the difference between the two. Are you referring to the fact some shapes look different then others?

As for other shapes. Her order of preference is Round, Princess, Radiant, Cushion, Oval, Pear. I don't think she is in love with any one particularly, and realizes there is a trade-off between her preferences and the quality the diamond she will get. So I think this gives me some flexibility as to shape.

Princess, radiant, and cushion cuts will face-up SIGNIFICANTLY smaller than rounds, ovals, and pears, so I would stay away from those if she wants it to look big. The first three look smaller because they're squarer cuts and a lot of weight goes into the corners, and there's a lot in the square body underneath the face that you don't see. Ovals and pears look biggest because they have much shallower parts (the pointy bit of the pair, and the "long" ends of the oval), so a lot of the weight is distributed in parts you see. This is all in comparison to rounds, which are kind of the standard.

Looking big is different than carat size. Think of a glass of water - if you have one cup of water in a skinny glass, it will look tall, but if you have it in a bowl, it will look short. It's the same sort of thing with diamonds. The carat weight can be hidden in the lower half, or it can be in the part you actually see. The former will make it look smaller, and the latter will make it look bigger, because the face-up size is bigger.

Whatever shape you choose, I'd pay a lot of attention to the face-up size, and remember how small millimeters really are. I think the tiny difference in face-up size between a 1.8 and 2 ct stone is probably not worth the thousands of dollars of difference, since frequently in round brilliants that's only like a 0.3-0.4mm difference, and for me personally I can't see the difference in size between two stones until it's about 0.6-0.7mm. And besides, if people ever ask her how many carats her stone is, 1.8ish still entitles her to say "oh, around 2 carats!"
 
The market corrects for the face up size difference between rounds and fancies to a large extent. And in my experience, fancies look about the same for carat weight as rounds *in person*, ignore the face up spread.

OP you can try www.oldworlddiamonds.com as a good source for old cuts, but you pay retail which is not much different than RBs cost. I personally do not think a very large (i.e. close to 1ct K color stone) is appealing in an RB. Before you commit, be sure to see the stone you select in person or go see some K color 2ct rocks in person to be sure you like the look.
 
06pvc,

Only a one-time buyer here, but I just went bargain hunting for an oval and got a 2.06 ct J SI2 for a little more than that round you're asking about. My oval probably was priced a little lower than similar ones because the L/W ratio is less than 1.33, but that was a plus for me. I prefer chubby ovals.

If I had been looking for a round, I might (probably would) have taken a chance on the one you linked to, as long as the vendor has a good return policy. If it were me, I'd contact the vendor to see if they can get information about whether that diamond is eye clean. My vendor called the cutter to ask about the my oval and was told that the inclusions were white and the diamond was eye clean, and for me, it is.

Good luck with your search! My J shows a very pale champagne color in some light, but it doesn't bother me. Most of the time, it's silvery looking. Most of the diamonds among my circle of friends and coworkers are "maul" stones so mine is spectacular by comparison. It sounds like your future fiance feels a lot like I do. Cut was important to me (but ovals, by their very nature, aren't cut as well as rounds), and so was size. I was willing to drop in color and clarity to get size.

liz
 
Liz. Does your oval have a lot of sparkle? And if you don't mind my asking, what vender did you use?
 
Gypsy:

Thanks for your advice on vendors. Very helpful. Through this discussion you have really helped narrow my search. Also http://www.eternitydiamonds.com/ will make custom rings with K diamonds, so that the middle stone doesn't look ackward next to the setting.

Thanks for the help, and as I get further along in the process I look forward to your continued insight.
 
06pvc,

There are some pictures in this thread: [URL='https://www.pricescope.com/community/threads/oval-2-06-j-si2-in-brilliance-custom-tulip-pave-setting.169780/']https://www.pricescope.com/community/threads/oval-2-06-j-si2-in-brilliance-custom-tulip-pave-setting.169780/[/URL]

Unfortunately, the photos don't show the sparkle, but I think there's a lot of sparkle, and a lot of colored sparkle. I'm very happy with my purchase.

I purchased from Brilliance.com. There's more info about my purchase experience in the above-linked thread. Because you are looking for a bargain, you will probably have to look harder than most people, but there are several good vendors who should be able to help you find the diamond you want and make a beautiful ring with it.

liz
 
06pvc|1324675738|3087702 said:
Gypsy:

Thanks for your advice on vendors. Very helpful. Through this discussion you have really helped narrow my search. Also http://www.eternitydiamonds.com/ will make custom rings with K diamonds, so that the middle stone doesn't look ackward next to the setting.

Thanks for the help, and as I get further along in the process I look forward to your continued insight.

They also have well priced diamonds and have found some nice GIA Ex/Ex diamonds for others.

You can always ask them for the largest GIA Ex/Ex diamond in J/K color and completely eyeclean clarity that they can find. See what they come up with. You will need an Idealscope image as well.
 
Thanks for all the help. I was going to buy the setting in the next 2-3 days. However there is definitely a convince of getting the setting and diamond together. If i got the setting and diamond separate how much could I expect to pay at a jewlery? I feel like I am willing to bear a little inconvience if it means a better end result. With that said eternitydiamonds does have good prices. The identical diamond on B2C which seems to be the cheapest game in town was only $100 less (1%).

Also I got the follow message at JA about the diamond in the link below.
"With a clarity of SI2 and triple X grading you can be certain that inclusions will be masked and be very difficult to notice with the naked eye. "
The diamond score a 0.8 on HCA.
http://www.jamesallen.com/diamonds/K-SI2-Ideal-Cut-Round-Diamond-1442976.asp

Or do you think the before diamond I posted which is a ~1.8 HCA would make more sense. http://www.jamesallen.com/diamonds/K-SI1-Good-Cut-Round-Diamond-1432715.asp

I decided I am going to break the bank with setting. http://danhov.com/pages/ring_detail_page.php?type=Ring&id=4&pid=4
I know that is going to knock her socks off. Eternity Diamonds said they could do it in white gold for ~40% less, which unfortiontly means I will have to pay a little more overall or have less money to spend on the diamond.
 
Hi, I am sorry I haven't been around for a couple of days but we were out of town. I think if she says she really doesn't care if the diamond is tinted and doesn't mind that other people may notice, then that is fine to go with a K. I just wanted to answer a couple of things. The only reason that Good Old Gold is a little higher is that they provide services that the others do not. They will take pictures of the stone for you and really examine it for inclusions. They'll take video of the stone which will help you see the color and they will evaluate it for leakage and light return. The most valuable thing they offer is a trade-in policy of 100% of what you paid toward a new diamond in the future, so that if she ever changes her mind about the color, etc., she could trade in the stone with no loss in money. This is worth a lot because we absolutely do see people change their minds here, and some definitely have upgraded from a lower color to a higher color.

But, if you want to go the cheapest route, that is totally fine. But there is no way on this earth I would rely on that statement that you can count on XXX SI2's to be eyeclean!!! It certainly reminds me why I personally buy from vendors like Good Old Gold and WhiteFlash who tell me the TRUTH about the stones I want to buy because they prove it!!! Some SI2's in a 2 ct. stone will be eyeclean and some will not. Some may be eyeclean from the top and not the side, so the setting then matters. You have to request that a gemologist look at that particular stone and tell you what they see. There is no way I would take a chance on that. The stone looks nicely cut, but there are inclusions all over the face of that diamond and I would be very wary about it being eyeclean.

And speaking of the setting, we do not recommend buying a setting before the diamond because you don't know the exact diameter of the stone until you have bought the stone. But I definitely agree with buying the stone and setting from the same vendor as you mentioned. I really do not like that particular Danhov setting because I think it is WAY too thin and will be fragile and get damaged easily. If you want a pave shank, 1.6mm is too thin. Be forewarned. Plus the matching wedding band would not look good to wear alone. I think the ring is overpriced as well. Please look at some others with at least 1.8-2.0 for the shank and also a straight shank (band). Instead of spending $4600 on a setting (plus more for the wedding band), I would spend less and put more money to upgrade the color or clarity of the diamond. (Not to mention that setting is for stones up to 1.5 cts. You'd probably have to pay extra for them to make one for a 2 ct. stone.)
 
06pvc,

Did you notice that the setting you linked can be set with a diamond up to 1.5 ct? It's not designed for the 2 ct diamond you want to buy.

liz
 
Libby. Thanks for noticing that about the setting. On JA it says up to 3. If I got that route I am getting a replcia built by eternitydiamond so hopefully specify it for the size i am looking for. Also your ring is awesome. That gives any advice you give instant credibility :).

Diamondseeker: Eternitydiamond said they could make the ring for 2200. I think 2200 is pushing it, but 4600 would not be a good use of my budget. Also thank you for the advice on the fragility. I am not sure what I will do. Eternitydiamond seems to have the best combination of prices and selection on settings. My girl is obsessed with that setting though, so not sure what I will do. If eternity diamond is custom buildng it do you think it would be possible to build thicker? That would probably take away from the look and add to the price.

On the subject of GOG. I have been in touch with them, and they do seem excellent. My grandfather also lives in the town they are in, so I could physically go to them which has an advantage. However the same can be said about the vendors Gypsy recommended.
 
Okay, so maybe I missed something. Where is the diamond you are considering from Eternity Diamonds?

And sure, if it is custom made it could be changed to be much safer I would think. But setting a 2 ct. stone up that high is really asking for trouble. One accidental knock and you may lose the stone or chip it. Plus it will add to the cost to have a wider shank because the diamonds will have to be larger. Plus, you have no idea if ED has the skill to replicate that ring with the needed adjustments. I would tell your gf that the setting would be dangerous for her stone, and that there are risks in having a designer setting remade by someone whose custom work you have not seen. You are MUCH better off choosing a stock setting from one of the drop shippers.

Have you looked at ID Jewelry? They have great diamond prices and some different settings.
 
Hi pvc, I like that setting but agree that it is probably too fragile for everyday wear. Here's a caveat though. Most ladies who get engaged (and I was no different) want to wear their rings all the time-- to sleep, to clean, to shower, to work out... you name it, they want to do it wearing their rings. And I totally understand it and did it myself. But,this setting is not going to stand up to that, and the center stone is going to be set high and exposed to risk as well. So if your lady is willing to take it off and put it someplace safe when she's sleeping, cleaning, etc. Then it might be okay (get insurance immediately)-- provided that in order to accommodate a 2 carat center stone Danhov is willing to increase the shank and halo width to 2mm. It really needs to be a straight 2mm all around. My advice is to talk to your lady, just tell her that she can have the setting she wants, but she will have to be careful with it. She may be okay with that.

Now, I've got to go and read your other questions and see if I can answer your other questions.
 
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