% back on RAP????

[Newbie333]

I see alot of talk on here about how much % back on RAP is considered a ''good deal''...


Question is: WHO PAYS THE RAP PRICE??? Anyone?


* or is this the ''retail'' price? Then % back is a good deal?


* so should you ALWAYS get %% back on RAP??


* or is % back on RAP a WHOLESALE PRICE from dealer to retailer????


If one was to SELL a stone TO A DEALER, what price would they be willing to pay back on RAP?


Thanks for info!!


-NB333

 

[pricescope]

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Question is: WHO PAYS THE RAP PRICE??? Anyone?
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Consumers... and perhaps dealers for branded goods such as HonF but this is just my guess.

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* or is this the 'retail' price? Then % back is a good deal?
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It depends on cut quality. Difference can be 20%-30% depending on cut quality and grading report (AGS graded diamonds would cost you more than say IGI)

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* so should you ALWAYS get %% back on RAP??
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Not necessary. Depends on where you're buying and cut quality. You can find branded ideal cut stones listed above Rap price in the web.

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* or is % back on RAP a WHOLESALE PRICE from dealer to retailer????
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in the trade diamond price is calculated as discount from Rap.

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If one was to SELL a stone TO A DEALER, what price would they be willing to pay back on RAP?
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Depends on the cut quality, certificate and liquidity of the stone. I don't think you should ask price based on discount from Rap. Just shop around and see who'll offer you the best deal or consignment conditions.