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Did my FI overpay? EGL graded diamond

JenniPie

Rough_Rock
Joined
Jan 29, 2013
Messages
7
I received a 2.02ct G color SI2 clarity, very good cut round. I thought it was pretty good on paper but it didnt sparkle at all so i called the store and they said its graded under EGL, which would completely make sense! Do you think FI overpaid ? ( r we allowed to post prices here?) sorry im new, what Do i need to trade up to? in order to get sparkle? ( the store grades all diamonds EGL)
 
I'm no expert on what something "should" cost, but anyone would need a lot more information to give you an answer. Numbers on the stone, specs, a copy of the EGL report, pics, how much he paid, etc.

IMO, the important thing isn't how much he paid for it, it's if you like the diamond or are unhappy with performance.
 
JenniPie|1359481298|3366528 said:
I received a 2.02ct G color SI2 clarity, very good cut round. I thought it was pretty good on paper but it didnt sparkle at all so i called the store and they said its graded under EGL, which would completely make sense! Do you think FI overpaid ? ( r we allowed to post prices here?) sorry im new, what Do i need to trade up to? in order to get sparkle? ( the store grades all diamonds EGL)

Yes, in order for us to tell you if he over paid or not we need to know what he actually paid....and as the other poster said we'll need more info such as cut grade, depth table, crown angle and pavillion angle etc and if it has fluorescence
 
The lack of sparkle is mostly due to cut. Can you post the cut parameters from the EGL report? Is this EGL USA or EGL someplace else?

Table
Depth
Crown angle
Pavilion angle
Culet
Girdle
Polish
Symmetry
 
Since you didn't post what your FI paid, we cannot tell you if he overpaid. If the stone doesn't sparkle, though, then you may want to look into getting a refund and starting from scratch. A well-cut stone will sparkle...it doesn't matter which lab it's from, it matters how well the stone is cut. What is the return policy on the diamond?
 
No, I am not happy with the diamond and I am thinking of trading it up....the reason I need if he overpaid is to decide if a. I should return it or b. trade up with the same jewellery store. I will post a copy of the report. He paid 10K
 
JenniPie|1359482411|3366549 said:
No, I am not happy with the diamond and I am thinking of trading it up....the reason I need if he overpaid is to decide if a. I should return it or b. trade up with the same jewellery store. I will post a copy of the report. He paid 10K

Sounds about right for an EGL stone...can you return it? What's the policy?
 
For 10K, you should be looking at 1.5 cts.
 
10k will buy you a well cut diamond with a GIA report that is just under 1.5ct (I don't think you can jump the 1.5ct mark for that money anymore).
 
Dreamer_D|1359482789|3366556 said:
10k will buy you a well cut diamond with a GIA report that is just under 1.5ct (I don't think you can jump the 1.5ct mark for that money anymore).
Thanks everyone, I will post the report when I get home. I dont mind paying extra to get 2ct and a great cut.
 
Please, please don't even bother posting the info!!!! RETURN that diamond and then come back here and we can help you find a great diamond at a fair price! You can see with your eyes that the diamond is not good. If all they have is EGL, then return it and don't look at anything else there! And I think it doesn't look good probably because of cut and clarity. You need to double the budget to get a good 2 ct. stone.
 
Is it possible to return the diamond or is that window of opportunity long past? If you can return it to start with a clean slate, that is what I would do. I would then start the search anew from a different store for something with a GIA report. If not, then please post the stats of the EGL report and we'll help you get the best cut you can from the store.
 
diamondseeker2006|1359483221|3366567 said:
Please, please don't even bother posting the info!!!! RETURN that diamond and then come back here and we can help you find a great diamond at a fair price! You can see with your eyes that the diamond is not good. If all they have is EGL, then return it and don't look at anything else there! And I think it doesn't look good probably because of cut and clarity. You need to double the budget to get a good 2 ct. stone.

+1. I'm guessing the clarity is lower than SI2 as well as the cut not being very good. And as DS says, if all they have is EGL, it might be a good idea to start again if y'all can.

Just for kicks though, you might still post the specs. My guess is it's pretty deep, and faces up small for its weight. If you like the physical size of it but don't like the peformance, you'll be able to get a stone that measures the same (will have lower carat weight) but is more well cut and save some cash. If reaching 2c as a weight is the goal, then that's another story. Physical measurement and carat weight aren't the same thing.
 
diamondseeker2006|1359483221|3366567 said:
Please, please don't even bother posting the info!!!! RETURN that diamond and then come back here and we can help you find a great diamond at a fair price! You can see with your eyes that the diamond is not good. If all they have is EGL, then return it and don't look at anything else there! And I think it doesn't look good probably because of cut and clarity. You need to double the budget to get a good 2 ct. stone.

Listen to DS. I hope that you can return the ring and start over.
 
The sparkle has nothing to do with who graded it, and everything to do with how well its cut. It wasn't cut well. So you and your fiance should return it and get the money back, and start from scratch together.

You should also know that if that's the total budget that you will likely not get a stone in the same size range you were given and be ok with that.

EDITED TO ADD: Is your Fiance aware that you are not happy with the ring? You may want to delicately address this to make sure he's not going to be offended or heartbroken by you changing what he may have put a lot of effort into. He might have done a lot of legwork and just been snookered thinking he was doing a great thing for you.
 
THAT'S THE WORST PART!!!!!!! i am so upset about that it makes me cry. HE DID put a lot of thought and effort into it but he had no idea there is GIA and EGL, so when he looked at Bluenile and seen how much SI2 2ct very good cut costs he thought he was getting a great deal buying the one he did, he did not know he was comparing apple to oranges and ofcourse the store didnt tell him. But he is aware i want to change it, he is fine with it :) I think it is past the return date .... so I will have to speak to the store and see what else they can offer.....they seem to be nice about and want to help
 
JenniPie|1359496491|3366768 said:
THAT'S THE WORST PART!!!!!!! i am so upset about that it makes me cry. HE DID put a lot of thought and effort into it but he had no idea there is GIA and EGL, so when he looked at Bluenile and seen how much SI2 2ct very good cut costs he thought he was getting a great deal buying the one he did, he did not know he was comparing apple to oranges and ofcourse the store didnt tell him. But he is aware i want to change it, he is fine with it :) I think it is past the return date .... so I will have to speak to the store and see what else they can offer.....they seem to be nice about and want to help


You are NOT alone.. this happended to us. We bought an EGL diamond that was a G VS1 Very Good Cut that was AWFUL. When I lost a small diamond from the setting and took it to have it repaired I asked for an independent apprasial and the diamond came back as a J SI1.. we were very unhappy. By then I had found PS and understood the difference. We did upgrade with the same jeweler but I'm 100% sure I paid more than I would have had I been able to use a PS vendor..
 
I think it's worth noting that there are multiple EGL variants. EGL USA is not the same as just EGL.
 
If you're not happy with the stone and DH is ok with it than I would try to work with the original vendor to see what resolution you can find. I'm not a fan of EGL, USA or otherwise but regardless of how the stone grades, or would have graded for cut/clarity from a reputable lab such as GIA or AGS, the problem here seems to be it's cut. I believe that EGL's cut grade system is something like super ideal, ideal, excellent, very good, good etc. GIA's system is Excellent, very good good, poor, therefore EGL VG would correspond to something like GIA's poor cut grade (general ly speaking without knowing the exact # we couldn't say for sure). And as mentioned before, is why your stone appears to be dull and lifeless. I think it's good news though that it sounds like your vendor wants to work with you to make it right. You mentioned that all of their stones are EGL, is it possible for them to locate and order in a GIA stone for you?
 
JenniPie|1359482979|3366562 said:
Dreamer_D|1359482789|3366556 said:
10k will buy you a well cut diamond with a GIA report that is just under 1.5ct (I don't think you can jump the 1.5ct mark for that money anymore).
Thanks everyone, I will post the report when I get home. I dont mind paying extra to get 2ct and a great cut.
will cost you about $25K for a top cut H SI1 H&A stone..

http://www.briangavindiamonds.com/diamonds/diamond-details/2.008-h-si1-round-diamond-ags-104061006030
 
Here is the certificate that came with the ring, I am taking it to the GIA gemologist on Thursday to get the GIA cert
 

Attachments

JenniPie|1359506282|3366908 said:
Here is the certificate that came with the ring, I am taking it to the GIA gemologist on Thursday to get the GIA cert
a GIA gemologist can't issue a GIA lab report.
 
Dancing Fire|1359507466|3366922 said:
JenniPie|1359506282|3366908 said:
Here is the certificate that came with the ring, I am taking it to the GIA gemologist on Thursday to get the GIA cert
a GIA gemologist can't issue a GIA lab report.
yes, but they will grade it based on GIA guidlines, no?
 
JenniPie|1359507690|3366923 said:
Dancing Fire|1359507466|3366922 said:
JenniPie|1359506282|3366908 said:
Here is the certificate that came with the ring, I am taking it to the GIA gemologist on Thursday to get the GIA cert
a GIA gemologist can't issue a GIA lab report.
yes, but they will grade it based on GIA guidlines, no?
it is next to impossible to grade a mounted stone with any kind of accuracy... ;))
 
That certificate does not look to be EGL but some unknown third party. Hope you can return the ring.
 
hopefully take it as an upgrade and then make sure they are able to show you gia triple x or ags 0 stones.


if thy cant i wonder if its worth just recutting? though that would leave out the option of upgrades later. BUT if they cant show you well cut stones it might not be worth saving the option to upgrade if your just upgrading to another lesser stone
 
if they allow me to return it would this be a good one to purchase from bluenile?
http://www.bluenile.com/ca/build-yo...r=BYOR|forceStep=DIAMONDS_STEP|pid=LD02862816

Diamond Details



Stock number: LD02862816
Price: C$15,725
Bank wire price: C$15,490
Price per carat: C$8,688
Carat weight: 1.81
Cut: Ideal
Colour: H
Clarity: SI1


Depth %: 61.5%
Table %: 58%
Polish: Excellent
Symmetry: Excellent
Girdle: Thin to Medium
Culet: None
Fluorescence: None
Measurements: 7.84 x 7.86 x 4.83 mm
 
Christina...|1359500268|3366830 said:
If you're not happy with the stone and DH is ok with it than I would try to work with the original vendor to see what resolution you can find. I'm not a fan of EGL, USA or otherwise but regardless of how the stone grades, or would have graded for cut/clarity from a reputable lab such as GIA or AGS, the problem here seems to be it's cut. I believe that EGL's cut grade system is something like super ideal, ideal, excellent, very good, good etc. GIA's system is Excellent, very good good, poor, therefore EGL VG would correspond to something like GIA's poor cut grade (general ly speaking without knowing the exact # we couldn't say for sure). And as mentioned before, is why your stone appears to be dull and lifeless. I think it's good news though that it sounds like your vendor wants to work with you to make it right. You mentioned that all of their stones are EGL, is it possible for them to locate and order in a GIA stone for you?
Other than AGS, I take a stones reported cut grade with a grain and go based on angles.
 
That is not EGL - it is SGL (not even sure what that is) so I suspect even less consistent than EGL.
 
JenniPie|1359513475|3367008 said:
if they allow me to return it would this be a good one to purchase from bluenile?
http://www.bluenile.com/ca/build-yo...r=BYOR|forceStep=DIAMONDS_STEP|pid=LD02862816

Diamond Details



Stock number: LD02862816
Price: C$15,725
Bank wire price: C$15,490
Price per carat: C$8,688
Carat weight: 1.81
Cut: Ideal
Colour: H
Clarity: SI1


Depth %: 61.5%
Table %: 58%
Polish: Excellent
Symmetry: Excellent
Girdle: Thin to Medium
Culet: None
Fluorescence: None
Measurements: 7.84 x 7.86 x 4.83 mm

i would wait to see if theyll return it before getting your hopes up and go looking for other stones
 
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