EGL USA 1.01 G Need guidance on purchase.

[smartdriver]

I was offered to buy this diamond for $5500, I said I don't want anything, but GIA or AGS. This asked me what is AGS, there's no such thing. He said he worked as a wholesale seller for 5 years. Must be a very low budget company to not know AGS. Also he said he will only make $200 from the transaction if I were to buy.

I've attached all the photos of the diamond report from EGL USA.

Anyway, I'm here to get some advice, so I run away from this guy or make him show me some more stuff?

Thank you for your help.

 

[Venti25]

..If he's selling that to you as a good diamond and that is indeed a RB.. run far far far away. That faces up tiny.. 6mm it should be around 6.4mm.

 

[oldminer]

OMG! It is a 69% depth stone. It will look very small for its weight and never be considered a well cut diamond. Besides, what is the color and clarity in terms of GIA grading? It might be some other color and clarity. No one can give you much worthy advice except when buying a diamond and you want to rely on a widely distributed and recognizedreport, then you must have a GIA or AGSL report.

 

[ChristineRose]

It's not right. Crown + pavilion + girdle = depth, right? 14.7 + 45.6 + girdle = 69.8 implies a 9.5% girdle. Is this possible?

 

[denverappraiser]

AGS is a small lab but they're a fairly large organization that's been around for a long time. The fact that he's never heard of them is a bad sign.

Where he used to work is irrelevant.

How much he's making on this deal is irrelevant as well, even if it's true.

If he didn't discuss the cut issues with you, he's doing you no favors.

 

[denverappraiser]

It's not right. Crown + pavilion + girdle = depth, right? 14.7 + 45.6 + girdle = 69.8 implies a 9.5% girdle. Is this possible?

This is only sort of true. The problem is with calibration of measurements and all of the averaging that goes into these numbers. The number you see for pavilion depth and crown height are averages while the girdle is stated as min/max. Even at that there are issues because a girdle profile is a series of peaks and valleys. Some labs use the peaks, some use the valleys and some use a combination. This stone probably does have a seriously heavy duty girdle but I doubt it's THAT bad.

 

[Niel]

My . 84 ct stone faces up larger than that stone does. If your content with the way the stone "looks" in terms of size you can save money by switching to an AGS or GIA stone and then taking it down to a 0.8 -0.9 ct....plus that way you could get a great cut.

This person seems too much like a salesman for my taste. Are you set on shopping with him?

 

[Jumpin_Jacks]

Run, too deep. All your money is in the depth. My first experience with a local jeweler was a USA EGL with a depth of 67.7%, .97 for $4k (the cert also referenced H&A). The .97 faced up at 6.06 to 6 mm......uh that's ridiculous, 1 ct should be face up 6.4/6.5 mm. See my attached pic, it was baaad when I realized it.....The diamond you poseted faces up like .8, get an ideal cut .8! Here's a chart for your reference...
http://www.etoolsage.com/Chart/Diamond_Size_Chart.asp

The place I ended up getting my diamond (after educating myself) scoffed at the depth of the first one I looked at and said he had stones for around $2,500 in the database if I wanted that depth. Seriously look that depth up, which you don't want, it will be a heck of a lot less than that cause you're paying for a "1.0" carat stone that faces up like a .8. Also with that depth, you'll probably have light leakage, from what I've read here people like to stay in 60%-62% (maybe stretch to 62.4% sometimes).

https://www.pricescope.com/wiki/diamonds/diamond-cut

Add:
I mean, I did the same, had no idea. Walked in "I want a 1ct around $5k". All I was offered was EGL, a few GIA on the Very Good. I went with a XXX amazingly well cut .77 GIA and completely happy, and under $4,500 to boot. Others here can probably find you an excellent GIA around that price range in a lower color that will still face up white and blow the socks off this diamond. Sometimes vendors need to know you're not just after a carat weight, you want a well cut stone. He'll either change his tune or backtrack.

 

[JulieN]

Run far away.

 

[bunnycat]

I have to agree with everyone else. A well cut 1ct stone should measure around 6.4mm give or take just a little bit and that one is hiding all it's weight in the depth. A .80ct stone generally measures about 6mm.

If you have a $5K budget, I'm sure people here could help you find a stone, or at least help guide you to know what angles to look for so that you have a better chance of getting a well performing one.

 

[distracts]

Depth almost 70%? I've never seen such a thing for a round brilliant... 6mm for a one carat stone? omgggg no.

I cannot stress enough how BAD of a cut that is. It faces up at the same size as a well-cut 0.8 carat diamond.

Some comps:

If you are satisfied with the 6mm round size, you could do .2mm bigger, AGS-graded, super-ideal branded cut for LESS money:
http://www.whiteflash.com/loose-diamonds/round-cut-loose-diamond-2960082.htm
That diamond IS bigger, and not only is it bigger, but because it has the correct proportions it will not be a black hole like the EGL diamond so it will look MUCH bigger. And almost 1k less.

This JA diamond is a full carat, .4mm bigger, much better cut, and only $600 more:
http://www.jamesallen.com/loose-diamonds/round-cut/1.03-carat-h-color-si1-clarity-sku-181312

 

[denverappraiser]

Perhaps it’s a simple miscommunition when you asked for a 1 carrot diamond. They thought you were talking about the shape.

 

[JulieN]

HCA won't even run it, says girdle is too thick.

http://eglusa.us/oresults/SearchPage.php?st_num=908304006D

 

[distracts]

Perhaps it’s a simple miscommunition when you asked for a 1 carrot diamond. They thought you were talking about the shape.

 

[tyty333]

Perhaps it’s a simple miscommunition when you asked for a 1 carrot diamond. They thought you were talking about the shape.

Be afraid of this dealer Be a smartdriver and drive away...far away!

 

[msop04]

...I said I don't want anything, but GIA or AGS. <--- seller brought out EGL instead
...[seller] asked me what is AGS, there's no such thing. <---this is where you say, "NO."
He said he worked as a wholesale seller for 5 years. <--- then he sure as he** should have heard of AGS
...he said he will only make $200 from the transaction... <--- this is never good - if the stone was so great (H&A, F, etc...), then he could make more money than that! Why would he lose a greater profit for you?

Anyway, I'm here to get some advice, so I run away from this guy or make him show me some more stuff ?

 

[kenny]

That is so deep and poorly cut it would probably look best mounted sideways.

 

[smartdriver]

Thank you everyone!

When he said he didn't know about AGS, it ways already a red flag, but I wanted to give him a chance. I felt like he was just selling with not education involved.

What I don't understand is why it's still labeled as a H & A on the comments of this report.
I didn't even notice that it was SI2, thought this thing was SI1. Also he told me that a GIA reports cost $2000, I'll play with him for a while. Good thing my homework was done first with the help of my tutors here on PS. It was sparkly with direct lighting, but I think that's true for everyone diamond.

I asked him to bring me GIA Stones next time, we'll see how that goes.

 

[kenny]

What I don't understand is why it's still labeled as a H & A on the comments of this report.

IMO, because EGL is not a reputable lab.

 

[denverappraiser]

Also he told me that a GIA reports cost $2000.

Here's GIA's fee structure. It varies with the size of the stone but a 1.01 costs $85-$121.00 depending on what report format you get.

http://www.gia.edu/gem-lab-service/diamond

 

[Niel]

Thank you everyone!

When he said he didn't know about AGS, it ways already a red flag, but I wanted to give him a chance. I felt like he was just selling with not education involved.

What I don't understand is why it's still labeled as a H & A on the comments of this report.
I didn't even notice that it was SI2, thought this thing was SI1. Also he told me that a GIA reports cost $2000, I'll play with him for a while. Good thing my homework was done first with the help of my tutors here on PS. It was sparkly with direct lighting, but I think that's true for everyone diamond.

I asked him to bring me GIA Stones next time, we'll see how that goes.

Don't waste his time and yours. Is there a reason you aren't just going with a reputable online vendor?

 

[Venti25]

Thank you everyone!

I asked him to bring me GIA Stones next time, we'll see how that goes.

Why would you stay with him if he's obviously trying to rip you off??????????

 

[delight]

Choosing a good vendor is very important should you run into any problems in future. This doesn't seem like one that and I think it would be wise to stay away.

 

[Christina...]

Thank you everyone!

When he said he didn't know about AGS, it ways already a red flag, but I wanted to give him a chance. I felt like he was just selling with not education involved.

What I don't understand is why it's still labeled as a H & A on the comments of this report.
I didn't even notice that it was SI2, thought this thing was SI1. Also he told me that a GIA reports cost $2000, I'll play with him for a while. Good thing my homework was done first with the help of my tutors here on PS. It was sparkly with direct lighting, but I think that's true for everyone diamond.

I asked him to bring me GIA Stones next time, we'll see how that goes.

The fact that you are still considering doing business with this person just goes to show what a convincing con man he is! What is it you think he can offer you besides more lies, deceit, and over priced sub par diamonds? I don't care if the report says that the stone will sing you happy birthday...it doesn't make it true and I certainly wouldn't pay a premium for it. Its really very simple, this person wants your money and is willing to lie and cheat, yet you want to stay and give him another chance?? Seriously??? I'm speechless!

 

[smartdriver]

Sigh! Yea you're all right, I'm just wasting my time. Thank for your support and criticism. I gotta wake up. I actually know this guy from back in HS, I can't believe he stoop this low. I didn't want to believe he is what he is. It was just kinda kool to have someone come to my house and show me a diamond. LOL.

 

[Niel]

Sigh! Yea you're all right, I'm just wasting my time. Thank for your support and criticism. I gotta wake up. I actually know this guy from back in HS, I can't believe he stoop this low. I didn't want to believe he is what he is. It was just kinda kool to have someone come to my house and show me a diamond. LOL.

Ah he's somewhat of a friend. I see the problem now. Go online a and get a stone. With that budget you can get a well cut I that's about 1ct. I saw a nice .9 ct for a thousand less than your budget at gog. That means 1k more for the setting or your pocket

http://www.goodoldgold.com/diamond/10865/

 

[smartdriver]

I was able to get 2 more reports for me to learn from. So I'm thinking these faces up too wide? Am I getting it right? He said these would run around $12k.

 

[Niel]

same stone could be bought online for less than 10k....
stop shopping with this fellow.


http://www.jamesallen.com/loose-diamonds/round-cut/1.23-carat-g-color-vs2-clarity-excellent-cut-sku-216498