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am I getting a good deal??

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tyler447

Rough_Rock
Joined
Jan 19, 2015
Messages
15
I am wondering if I am getting a good deal on this ring before I buy it. Total for the ring will be 4300 out the door and total weight is 2.33ct
I bought the center stone(round) from a friend for 2300 the Stats on it is below
1.22 ct
H color
Good cut
Si2 clarity
I am looking at this setting which is $2000 stats are below.
8 decent sized diamonds on the halo and about 10-15 on the band
1.11ct.
 
What lab graded it? Do you have any pictures?
 
It is not certified but I plan on getting it gia certified before I set the stone. I do not know how to post a pic on here...
 
Open a reply.

Go to Insert. The first icon is a diamond. You should be able to upload pictures there.
 
tyler447|1421652987|3818761 said:
It is not certified but I plan on getting it gia certified before I set the stone. I do not know how to post a pic on here...
Click to expand...
Then who graded the stone H SI2?... :confused:
 
without GIA paper, there's no way to tell you what kind of deal you got since there's no way to know what you actually bought.

My guess? It's not going to come back from GIA H/SI2 so no, you probably didn't get much of a deal.
 
OP
I did a quick, real quick search on one of the PS vendors sites, their top of the line in the spec you mentioned (1.22, H, SI2) would run about $8K. Did you get a great deal for $2,200? Yes, But it is not an AGS or GIA certified stone and they will not certify it as and H color or a decent cut quality.
Most people come to this site and ask if they got a great deal, most did not, they got taken. The age old adage also works for diamonds and many other things......."you get what you pay for". Sorry OP, there are no deals on diamonds.
Can you return the stone and start over?
Anyway, best of luck.
 
The diamond was offered to me by a friend that had it certified but no longer has the paperwork. Has been in his family for 3 generations and I very highly doubt he would ripe me off. Do you think I should go get it certified? I live close enough to new York to drive it there
 
WillyDiamond|1421673902|3818825 said:
OP
I did a quick, real quick search on one of the PS vendors sites, their top of the line in the spec you mentioned (1.22, H, SI2) would run about $8K. Did you get a great deal for $2,200? Yes, But it is not an AGS or GIA certified stone and they will not certify it as and H color or a decent cut quality.
Most people come to this site and ask if they got a great deal, most did not, they got taken. The age old adage also works for diamonds and many other things......."you get what you pay for". Sorry OP, there are no deals on diamonds.
Can you return the stone and start over?
Anyway, best of luck.
Click to expand...

Also, you searched "top of the line" stones, which I assume would be AGS Ideal or GIA Excellent cut. This stone, with no lab report, is allegedly "good" cut, which is two levels below and is not "good."

I agree that it is unlikely that the stone is H SI2, but to get a proper comp that cut grade needs to get factored in as well.

I hope OP is able to return if he/she chooses to.
 
tyler447|1421688395|3818904 said:
The diamond was offered to me by a friend that had it certified but no longer has the paperwork. Has been in his family for 3 generations and I very highly doubt he would ripe me off. Do you think I should go get it certified? I live close enough to new York to drive it there
Click to expand...

I am confused as to how the H, SI2, Good cut qualities were determined. How recently was this determination made, and who evaluated it?

Even if you had a GIA or AGS document reflecting this, Good cut is not good and with SI2 clarity, you need more information and should examine the stone carefully to see whether it is eye clean (meaning you can't see the inclusions). Many SI2s are not eye clean.

Also I wonder what type of round it is, if it has been in the family so long. Might it be an older cut (ie, not a round brilliant)? Something to think about if you are looking for a certain type of round.

The best case scenario would be to return and buy a diamond with GIA or AGS paperwork with the stats you want and which is pleasing to your eye. I am not sure what getting a lab report on it after the fact will do for you. If it comes back with different information, will you be able to do something about it?
 
If it's been in his family for 3 generations, is it possibly an old european cut or old mine cut? That could be described as a "good" cut by today's standards.
 
I can return it if it does not check out. Attached a picture what do you guys think?
 
I dont think your picture posted, maybe try again?
 
image_6743_4.jpg
 
you're going to have to take some closeup pictures with a macro lens.
we cant tell anything from that small blurry picture
 
I don't have a micro lens just a phone can try to take a closer picture of it
 
You asked whether you got a good deal: it'd be hard to buy that much diamond for any cheaper. The question is whether what you bought is any good. To answer that question, you need an expert to evaluate it. As a first step, you may want to check out a PS approved appraiser (top tab: Resources > Appraiser).

The diamond has been in the family for 3 generations = possibly an older cut.

We can't tell you anything about this diamond without a very good macro shot and , ideally, an idealscope or ASET image.

If it's not a great diamond, one possible option is a recut. As an "SI2" it may have some bad inclusions that prevent this. Assuming it's an older cut, if you want to have it cut to have better "light performance", have it evaluated by Good Old Gold to see if it can be re-cut to August Vintage specs.

You could also recut it to modern round specs by Brian Gavin's group, but it would likely lose a lot more weight.

Anyways, best wishes with the diamond. I'll be interested to hear how you use it.
 
I don't have a micro lens just a phone can try to take a closer picture of it
 
we still won't be able to tell you much about it. it'll be like showing a doctor a grainy facebook picture and asking if the person's skin looks healthy.
 
tyler447|1421688395|3818904 said:
The diamond was offered to me by a friend that had it certified but no longer has the paperwork. Has been in his family for 3 generations and I very highly doubt he would ripe me off. Do you think I should go get it certified? I live close enough to new York to drive it there
Click to expand...

Well I sure do hope that a "friend" will not rip you off.
You said you could return the stone. So if you can return the stone then do so.
Then since you have found this forum, there are some expert posts how to evaluate and buy a diamond so you get what you pay for and get the best bang for the buck. That is why people come to the forum, otherwise we would all buy at Tiffanys' or Cartier and pay top dollar.
Then come back to the forum, tell us what your budget and wants are, and the people on this forum will help you shop and compare and you will walk away with a beautiful stone and setting and no doubts in your mind......"did I get a good deal?"
 
My apologies I am looking for a setting for my stone that I purchased, I need at least a one carat ring that is a halo shape and looks like a flower, looking to spend no more than 2000 for the setting out the door...
 
HI:

Hmmm. Horse before the cart.

Apparently you've purchased a stone you only have cursory details of.
You are looking for a setting of vague description.
Even if you find the setting of your choice, who will set your stone for you?

The reason you've been advised to have the stone appraised is because you don't have any idea of its condition. The "three generation" description would provide enough pause to ask further questions of a professional. How do you know that the stone isn't damaged? Do you imagine a jeweller will take responsibility for setting a stone (with no insurance) if their might be a damage/inclusion/clarity issue?

Truly, you need to take a little more time to have this stone properly evaluated before moving forward with a setting. Protect yourself and your $$ by having an appraisal, first. Should you decide to keep it, then insure the stone. Then setting.

Not sure about out the door. :confused:

cheers--Sharon
 
tyler, here's the link to the web site for Just Appraisers (David Wolf) in NYC and 1 of the independent appraisers on the PS list to which teobdl referred; since you are not far from Manhattan, contact him for an appointment, explaining the reason why you'd like to meet with him.
http://www.justappraisers.com/
http://www.appraisers.org/memberbio?MemberID=10661
http://www.yelp.com/biz/just-appraisers-new-york?sort_by=date_desc

Yes, you could have the diamond evaluated by GIA-NYC (and they may be able, depending on the timing of your request, to do a same-day turnaround for 2x their usual cost). But I think it will be more helpful for you to have the benefit of Mr. Wolf's knowledge & expertise, whether you end up keeping this stone, considering a re-cut, or returning it & moving forward with a different stone entirely. Because you'll walk away with more info you can put to use -- and an appreciably longer report, with an assessment of monetary value -- than a GIA report provides on its face, it would be worth the investment imo.
 
No recut. Recutting costs a significant fee (maybe 20% or more of what you paid for the diamond), while the weight could plunge below 1 carat after the recut. If you want a wellcut diamond, buy one from Brian Gavin (or whoever). Don't try to turn this bargain basement find into an ideal cut.

Don't worry about it. You got a lot of stone for your money, even if it turns out to be a GIA I1.
 
UPDATE:
I went out and got a agi certification, also got a jewelry loop and took some more pictures for you guys, I am not very good with the jewelry loop but did the best I could.
the cert has the following grades
Cut very good
Clarity si2
color G
Weight 1.21 (thought it was 1.22 but not a big deal to me)
20150124_151924.jpg
20150124_152010_0.jpg
 
I'm not sure what good the certification did, but I guess it might be okay for insurance purposes (?).

In terms of the diamond itself, look... it can be very simple or it can be very complex.

We can't help you with the complex stuff because we just don't have enough definitive information. It's probably not the best cut in the world, but it sounds like you're not as concerned with that. Really what matters is the simple stuff: does it sparkle and is it big enough?

So--how does it look to you? Were you able to compare it to known ideal-cut diamonds in different lighting environments and at different distances?

Frankly, if you keep the diamond clean, it will look better than probably 95% of the diamonds people wear. You got a fantastic price for the specs.
 
Thank you I am very happy with the stone and now just need a setting and a jeweler to set it, I am just concerned on the jeweler changing out the stone during the setting process. I am also wondering the price range I should be looking at for a 14 kt gold setting with 1TCW. I know that I won't get as good of a deal from the jeweler cause he has to make some money on it
 
tyler447|1422135017|3821530 said:
Thank you I am very happy with the stone and now just need a setting and a jeweler to set it, I am just concerned on the jeweler changing out the stone during the setting process. I am also wondering the price range I should be looking at for a 14 kt gold setting with 1TCW. I know that I won't get as good of a deal from the jeweler cause he has to make some money on it
Click to expand...

Where do people get this kind of thing from? What on earth incentive does the jeweler have to steal your uncertified, undocumented stone and replace it with...what? a CZ that obviously looks completely different?

It's not going to happen. Get word of mouth recommendations -- there's plenty of good people in Manhattan. You might have a hard time finding someone who will set something where they didn't sell either component, though.
 
I am buying the setting from the jeweler
 
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