2.03 Radiant I SI1 with 59T and 65D

[product_designer]

I''ve been shown a 2.03 radiant I SI1 with a 59 table and 65 depth. It has lots of fire and I really like it, but am concerned because it was what was shown to me after more expensive diamonds were out of my price range ~10k with setting. the other 2k diamonds were similiar and around 13 or 14k. i believe their tables were bigger - something around 65 to 70. If i personally like the diamond should i worry about the smaller table.

I looked at the diamond price report on this site and noticed that the better ratings like 2A had smaller tables and higher prices per carat. They report unfortunately didn''t go below a 65 table, so i am wondering if i have dropped too low, and am buying a flawed cut in some way. The dealer is holding it for me until Saturday so i am trying to find this out before that time. Any help you could provide would be greatly appreciated.

Regards,

product_designer

 

[RADIANTMAN]

Hi Product-

There's nothing wrong with a 65% depth and a 59% table. In fact, those are beautiful numbers. While beautiful #'s do not guaranty a beautiful diamond, you've seen this one and seem to like it. Your eyes, once educated, do not lie.

Things which are "too cheap" are usually cheap for a reason, but the depth and table %'s are definitely not the reason.

Did you ask the vendor the reason for the price difference? Sometimes differences result due to the reputation of the lab report, fluorescence, accuracy of lab grading etc. Sometimes, it's just a difference in type of vendor - wholesaler/retailer, high-end jeweler/discounter. The price does look "too cheap" for a well cut GIA graded I SI1, so you probably should find out why before making a decision. Keep in mind that "too cheap" for an I SI1 is not so cheap for a J SI2.

 

[product_designer]

Thank you for your response Mr. Grossbard. I was actually on your website on Saturday.

I listed everything that was on the diamond''s envelope for future reference. The one other than the table that caught my untrained eye was for the girdle. It was listed as THN - ETK. I''m guessing that means thin to extremely thick possibly? I have read that thick girdles add valueless weight to a diamond. Should I be worried about this diamond''s girdle?

The other parameters were:

GIA cert
modified brilliant
7.8 x 7.07 x 4.63
Polish - good
Sym - good
no flourescence
key - feather cloud
$7150/ct

I could see the small inclusion listed, but it was only with a loop, and and a lot of attention. So barring any concern you may find with the other parameters I think I may have a finialist in my search.

 

[RADIANTMAN]

Hi Product-

All the #''s on the diamond look fine. Don''t worry about the girdle. Radiants are very complicated, and unlike with rounds, girdle thickness tells you absolutely nothing about spread. Based on the length and width, you can be pretty comfortable that this diamond has a full 2 carat spread. While I can''t fully judge a diamond I haven''t seen, there''s nothing in those #''s that makes me wary.

If you like the sparkle, trust your eyes. If the color and clarity are honest, then I think you have a winner.

For the record - Mr. Grossbard was my Dad - please call me Stan.

 

[diamondsbylauren]

HI Everybody,
Maybe I''m missing something here, but didn''t product designer say the budget was around $10K?
$7150 per carat is a reasonable price for a 2 carat I/SI1 radiant, but we''re talking about a diamond which will cost closer to $16K once it''s set, no?


I agree with Stan- there''s no "red flags" on the stats- not that I''d buy it solely on stats- but if you''ve seen it, like it, feel comfortable with the seller, and can afford it- it sounds very nice.

 

[RADIANTMAN]

David - you''re right. I didn''t look at the price. The only "red flag" that I saw was the "too cheap" price, and at $7150pc that issue goes away. At $10,000 for the ring (mounting included) it seemed way too good to be true. At $7150 pc it''s alot less likely that there is something we''re missing.

 

[product_designer]

Stan and David,

The price is not under 10k at this point. It is close at $10,800 plus $500 for a white gold half bezel setting similar to a lucida type. So taking the suggested price on the attached paper, that i''m assuming was created by the dealer, and subtracting the current offering price I am saving $3000 from a suggested retail.

$7,150 *2 = $14,300

$14,300 - $11,300 = $3000 differential.

Is the $7,150 pc price on the tag, created by the dealer or GIA? If it is created by the dealer wouldn''t it likely include a little "wiggle room" to ensure a little margin after negotiation with a haggling consumer?

I also have a 1.72 H VS2 on hold with similar fire. It was the first diamond I saw with that kind of fire that prompted me to ask for anything the dealer had with similar fire and a bit more carat weight. The 1.72 had a 70.6 depth and a 72 table for an asking price of $9,800 unset. He would not go any lower on that diamond. I was also shown a 1.92 H VS2 67.1 D and 69 T for $11,200 unset. It however didn''t have the fire of the other 2 diamonds.

In any case I will likely do have an independent certification done within the 30 day return period.

 

[diamondsbylauren]

Date: 10/25/2005 8:43:26 PM
Author: product_designer
Stan and David,

The price is not under 10k at this point. It is close at $10,800 plus $500 for a white gold half bezel setting similar to a lucida type. So taking the suggested price on the attached paper, that i''m assuming was created by the dealer, and subtracting the current offering price I am saving $3000 from a suggested retail.

$7,150 *2 = $14,300

$14,300 - $11,300 = $3000 differential.

Is the $7,150 pc price on the tag, created by the dealer or GIA? If it is created by the dealer wouldn''t it likely include a little ''wiggle room'' to ensure a little margin after negotiation with a haggling consumer?

I also have a 1.72 H VS2 on hold with similar fire. It was the first diamond I saw with that kind of fire that prompted me to ask for anything the dealer had with similar fire and a bit more carat weight. The 1.72 had a 70.6 depth and a 72 table for an asking price of $9,800 unset. He would not go any lower on that diamond. I was also shown a 1.92 H VS2 67.1 D and 69 T for $11,200 unset. It however didn''t have the fire of the other 2 diamonds.

In any case I will likely do have an independent certification done within the 30 day return period.

PD- what Stan and I are saying is that 7150 per carat is an aggressive price. That means maybe a 2-3% doscount might be possible- not $1500 per carat discount- many store charge over $8000 per carat for such a stone.
When people are offereing dollar bills for 50 cents, beware.

 

[coda72]

According to a search here on pricescope, the price you''re paying is about right for a 2 carat I, SI1. There is one that is listed here at many vendors for around 10,600 at the cheapest. Here it is, I just happened to pick the vendor where it''s the cheapest:

http://search.virtcert.com/cgi/u/1012/v.cgi?stock=3552895&_s=1012&_p=sdf348gd743&_c=&_fs=1&prestock=&_ln=ps

Of course, there is no guarantee this stone is still available, but just an example of a diamond that was available for around the same price you''re paying.

And of course you already have the right idea, get it appraised before the return period is over. Good luck, it sounds like you picked a winner!