does the stone match the EGL cert

[cdomby]

Hi, I''m new at this and getting ready to purchase a stone. I''m concerned that the stone I am buying does not match the certificate I have been assured belongs to it. I noticed the package the jeweler pulled the stone out of said 1.69/H/ SI2. I had him make me a copy of the EGL certificate. The certificate is for a 1.69/F/SI2- Tolkowsky ideal cut. My girlfriend''s cousin works for the jeweler, but I want to make sure everything is straight up. He is selling me the stone and tiffany style platinum setting for $8500. Is this too good to be true?


First, I have no clue which EGL entity issued the cert. It was certified in 2001. Cert number has no letters with it: 2110432922

The certificate notes that it has diascipt on the girdle. I think the diascript refers to laser inscription. Would the laser inscription contain the EGL certificate number? If not, how are diamonds truly matched with their certificates.

Thanks so much for you help.

 

[kenny]

Grab a loupe and compare the inclusions those plotted on the lab report.

 

[cdomby]

Thanks. Is there any other way to tell? Should the laser inscription have the EGL cert number? Does $8500 for the stone and setting sound right?

 

[bobacha]

Use the PriceStat tool that''s available here at PS.

I could find many 1.5 SI2/H stones for under $6K.. I would think a 1.69 wouldn''t be too far from that.. so I think it''s very possible to get such a stone + setting for $8K+

 

[Rod]

Hey......You ask "is this too good to be true" and the likely answer is, yes and no. Obviously, they''re selling it to you for that price, but the quality has to be suspect. If you pricescope stones in that carat weight alone, better quality stones are in the $10 - $11K range. With the price of platinum these days, even a simple setting is fairly expensive. So, I would think this is a real candidate for your question and IMHO, when something appears too good to be true, it likely is too good to be true. You will find many PS''ers who have a jaded view of EGL graded stones to begin with, but as many would say, buy the stone, not the paper. Still, that price sounds way too low to me.

Good luck..........

 

[togal]

Date: 6/1/2006 12:17:33 PM
Author:cdomby
Hi, I'm new at this and getting ready to purchase a stone. I'm concerned that the stone I am buying does not match the certificate I have been assured belongs to it. I noticed the package the jeweler pulled the stone out of said 1.69/H/ SI2. I had him make me a copy of the EGL certificate. The certificate is for a 1.69/F/SI2- Tolkowsky ideal cut. My girlfriend's cousin works for the jeweler, but I want to make sure everything is straight up. He is selling me the stone and tiffany style platinum setting for $8500. Is this too good to be true?


First, I have no clue which EGL entity issued the cert. It was certified in 2001. Cert number has no letters with it: 2110432922

The certificate notes that it has diascipt on the girdle. I think the diascript refers to laser inscription. Would the laser inscription contain the EGL certificate number? If not, how are diamonds truly matched with their certificates.

Thanks so much for you help.

You should be able to ask the jeweller these questions. Ask him/her what the "diascipt on the girdle" means. If it is, in fact, a laser inscription, ask to take a look at the stone under a microscope and read what it says. See if it matches up with a serial number contained on the EGL certificate. Also, I would be upfront and ask why there is a discrepency between the info on the package and the info contained in the EGL cert. Ask if you can have it independently appraised. Tell him/her that it's your understanding that some EGL certs are inaccurate, and you want to have a second opinion on the stone before making your final decision.

 

[Richard Sherwood]

Date: 6/1/2006 12:17:33 PM
Author:cdomby
1.I noticed the package the jeweler pulled the stone out of said 1.69/H/ SI2. I had him make me a copy of the EGL certificate. The certificate is for a 1.69/F/SI2- Tolkowsky ideal cut.

2.I have no clue which EGL entity issued the cert. It was certified in 2001. Cert number has no letters with it: 2110432922

3.The certificate notes that it has diascipt on the girdle. I think the diascript refers to laser inscription. Would the laser inscription contain the EGL certificate number? If not, how are diamonds truly matched with their certificates.

1.The H/SI2 is probably the jeweler's personal grading opinion, while the F/SI2 is what the EGL lab graded it.

2.The cert number indicates it was graded by EGL-Israel in 2001. EGL-Israel has a reputation of being lax in their grading, hence the difference of opinion between the jeweler (H color) and the EGL report (F color). You might want to check that clarity grade out as well, as there is a large pricing difference between an SI2 and an I1. And don't make the mistake of thinking the Israel designation of "Ideal Cut" means that it is the same as an AGS Ideal Cut. There's usual a big difference between the two.

3.Yes, "diascript" indicates that the EGL report number is inscribed on the girdle. Additionally you can verify the stone against the report by:

Checking the weight.
Checking the diameter and depth measurements.
Checking the plot diagram against a magnified view of the inclusions.

Once you get it appraised you'll have a better "apple against apples" opinion to understand whether you're getting a fair deal or not. You could use the appraiser's opinion as well as checking against comparables in the Pricescope search engine. If you make the sale contingent upon the ring appraising out to your satisfaction with the independent appraiser of your choice, you can't lose.

 

[cdomby]

Awesome information. It does look more like an H and I will be sure to check the inscription to make sure everything is on the up and up. Thanks so much everyone!