Diamond ring on auction

[Malanko]

Hello,
Thanks for a great forum to all contributers.
I have found a ring on an auction I wolud like to bid on and need som help in determing its value.
It's a 1.00 carat, Color I and Clarity SI2 no information about the cut, and no certificate. Please see the uploaded picture.
Thanks in advance

 

[Dancing Fire]

Hello,
Thanks for a great forum to all contributers.
I have found a ring on an auction I wolud like to bid on and need som help in determing its value.
It's a 1.00 carat, Color I and Clarity SI2 no information about the cut, and no certificate. Please see the uploaded picture.
Thanks in advance

..you are asking for trouble...

 

[diamondseeker2006]

If there is no certificate, then the diamond weight, cut, color, and clarity are unknown.

If there is an unconditional return policy and the seller has excellent feedback and you can get it for a low amount (like a couple thousand max), then maybe you could take the risk. But I probably wouldn't attempt it otherwise.

 

[mrssalvo]

If there is no certificate, then the diamond weight, cut, color, and clarity are unknown.

If there is an unconditional return policy and the seller has excellent feedback and you can get it for a low amount (like a couple thousand max), then maybe you could take the risk. But I probably wouldn't attempt it otherwise.

I agree! Hard to know that it isn't a CZ in there...

 

[Malanko]

Thanks for the feedback.
It is a well known auction house in my country, with it's own appraisers and life long guarantee of authenticity.
I am looking for aprox. 1.00 carat dimond for my lovely wife. Jewellery is very expensive in my country because of the high taxes, so it is a lot cheaper to buy used jewllery on auction, because it is sold without sale taxes. And I have yet to find and online jewllery shop online that ships from an EU country, so I can avoid custom, vat and taxes.

 

[Asscherhalo_lover]

Just make sure you have enough of a return period to get it properly examined by an independent appraiser. Hopefully it's just dirty but it looks very cloudy to me. Almost opaque. And I wouldn't be surprised if the color was quite low and maybe even with a brown modifier. Not that there's anything wrong with this, but it's best to know what you are paying for so you can determine if it's actually a good value.

 

[diamondseeker2006]

If it is an auction and cannot be returned, I might not take the chance on this particular one. I'd be afraid of what the unknown SI2 inclusions are, and it could really be I1 instead since 1 grade difference in estimate is usually allowable. Of course, if you can go examine it with a loupe in advance as well as see the actual color, it would make a difference. I'd probably wait until you can find one that says VS clarity and maybe a slightly higher color as well, just in case they are really a grade lower than estimated. I think it is a great idea to buy a diamond this way in your circumstance, though!

 

[denverappraiser]

Thanks for the feedback.
It is a well known auction house in my country, with it's own appraisers and life long guarantee of authenticity.
I am looking for aprox. 1.00 carat dimond for my lovely wife. Jewellery is very expensive in my country because of the high taxes, so it is a lot cheaper to buy used jewllery on auction, because it is sold without sale taxes. And I have yet to find and online jewllery shop online that ships from an EU country, so I can avoid custom, vat and taxes.

At the right price, of course, you may want it regardless of the grading details but I'm curious about this 'life long guarantee of authenticity.'

Who's life?
What do they mean by 'authentic'? That it's exactly as described? For example, does it need to not be a diamond or is a single color grade claimed by some unknown appraiser sufficient to get a refund? Surely it's not. Is this policy in writing somewhere? Have you read it?
What country are we talking about?

'Approx 1.00/I/SI2' is remarkably close to '0.88/K/I1' or '1.15/G/SI1'. The difference in the expected price in competitive markets is on the order of a factor of 3, and this is without even considering cut grading topics. This is not a tiny detail and it's entirely about the reliability of the grader.

 

[Dreamer_D]

From that photo it does not look well cut, so the price becomes irrelevant in my opinion.

 

[Malanko]

Thank you all for your valuable opinions. The asking price is less than 2000 US $ but I I will follow your advise and wait for a better diamond preferably one with certificate. Or I just have to sell some of my assets and buy from a jewellery shop online.