- Joined
- Mar 25, 2010
- Messages
- 2,534
Yes, they've gone up. It's one of the reasons @Phoenix decided not to sell her gorgeous ~5ct diamond recently; she'd take a hit on both the sale as well as the increased prices for what she wants.
My specs are up in price significantly too.
Yep, I know. If this keeps up it'll be worth it to get re-appraised to current market value in case anything happens to it!*clutches diamond with a vice-like grip*
I've noticed this too. Particularly in the last 3 months or so. It doesn't seem to be a huge difference (I think your diamond was so cheap @HappyNewLife because it was below the magic 3 carat mark) but definitely a slow creep.
I wonder if this has anything to do with the DeBeers entry into the lab-created market with LightBox, which has essentially undercut the whole lab-created (MMD) industry. For a while, I think the MMDs were gaining legitimacy as viable alternatives, and the prices of mined and MMD stones seemed to be almost converging on each other. I remember when I was shopping in Feb/March there was only about a 15% difference in price between mined and MMD. Now that DeBeers has announced to the world that MMDs are essentially costume jewelry though their marketing of Lightbox (genius marketing BTW), the price difference is starting to widen once again.
Is the other diamond a 2.9-ish as well or a 3ct? There is a price premium that comes with crossing the 3ct mark regardless of spread.
that one was a hair over 3ct, with just a .04mm difference in spread (mine is smaller)
Good call to lock it down!Glad you brought this up @SimoneDi - following the thread as I'm really curious to know too. I've seen roughly a 20-25% increase on similar specs (or lower!) to my current stone since last August. Just found a 2.88ct I/VS2 that was sitting at 7-9k below comparable stones and if prices are/have gone up, I'm locking it down.
Diamond prices do fluctuate, but not evenly. That is, certain sizes and qualities often move differently. Within the past six months or so prices have stayed relatively stable. There has been little change in smaller sizes. Carat plus stones may have moved up a couple of percent from a cost basis while larger stones have moved up a bit more (3-4%). Hard to say what the future brings. There are a number of factors in the global economy that may cause diamond prices to move in one direction or the other.Reviving this thread because I am seeing some interesting prices online. @Texas Leaguer have the prices of the rough gone up recently?
Thank you very much for your response, it is very insightful! One more question, do 2ct+ stones fall under the "large" category, or that really refers to 3ct+ diamonds?Diamond prices do fluctuate, but not evenly. That is, certain sizes and qualities often move differently. Within the past six months or so prices have stayed relatively stable. There has been little change in smaller sizes. Carat plus stones may have moved up a couple of percent from a cost basis while larger stones have moved up a bit more (3-4%). Hard to say what the future brings. There are a number of factors in the global economy that may cause diamond prices to move in one direction or the other.
2ct has moved up a few percent, 3+ a few points on top of that.Thank you very much for your response, it is very insightful! One more question, do 2ct+ stones fall under the "large" category, or that really refers to 3ct+ diamonds?
Many thanks once again for this information @Texas Leaguer2ct has moved up a few percent, 3+ a few points on top of that.
My pleasure Ma'am. Thanks for @ ing meMany thanks once again for this information @Texas Leaguer![]()