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Experts please help me on this diamond!

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chiuey

Rough_Rock
Joined
Jul 2, 2017
Messages
39
What is a good price for this diamond or if it's even any good? EGL USA Round Brilliant
Cut grade: Very Good
Carat: 1.41
Color: H
Clarity: SI1
Fluorescent: Faint
Diameter 7.21 - 7.19 x 4.37mm
Polish: Excellent
Symmetry: Very Good
Depth: 60.7%
Table: 61%
Crown: 31.5 degrees
Pavilion: 41.4 degrees
Culet: 0

Running it through Holloway Price scope labels it as
Light Return Very Good
Fire Good
Scintillation Good
Spread or diameter for weight Very Good Total Visual Performance 3.6 - Very Good - Worth buying if the price is right

Please let me know if you think this is a good diamond? Will pull the trigger soon. Priced at 6499, dealer bought at 5499. Thank you very much!
 
Not only the diamond is bad, you need to run away from this vendor.
 
First, look at GIA Excellent cut only. Even that is a very broad range and I will give you parameters to help you find one of the better ones. EGL does not have reliable grading and you are more likely to overpay for what you actually get.

These are measurements to help you stay in ideal cut territory with a GIA excellent cut stone.

table: 54-58

depth: 60-62.3

crown angle: 34-35.0 (up to 35.5 crown angle can sometimes work with a 40.6 pav angle)

pavilion angle: 40.6-40.9 (sometimes 41.0 if the crown angle is close to 34)

Check out James Allen where they provide videos of their stones.
 
Can you explain why the diamond is bad?
Click to expand...

Please see DS2006's response.

To visualize (ignore carat weight, clarity, and color. I am just talking about proportions)
I cannot find a stone with 61/31.5/41.4. But this is reasonably close with 41.4 pav angle.
https://www.jamesallen.com/loose-di...f-color-vvs1-clarity-very-good-cut-sku-296267

This is what we (and probably you) want.
https://www.jamesallen.com/loose-di...rat-h-color-vs2-clarity-ideal-cut-sku-2299779

In addition, a low crown angle of 31.5 is a chipping risk. I won't even go into the vendor's sale tactic and EGL lab. so many red flags..
 
Hmm I will have to reconsider then...If I were to ask for the better parameters with a GIA cert, how much would a diamond range there?

I've seen that diamond in person and to me it looks fantastic. With the better parameters, to the naked eye would it look a lot better? In other words, are the better parameters mostly for resale/better deal/value, or for actually having better appearance?
 
If I were to ask for the better parameters with a GIA cert, how much would a diamond range there?
Click to expand...
A well cut 1.4c GIA H SI1
https://www.jamesallen.com/loose-di...h-color-si1-clarity-excellent-cut-sku-2544059

In other words, are the better parameters mostly for resale/better deal/value, or for actually having better appearance?
Click to expand...
All of the above, especially for actually having better appearance.

I've seen that diamond in person and to me it looks fantastic
Click to expand...
I believe you. Diamonds, in general, are beautiful. It is just there are plenty of better cut stones out there.
 
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Hm yes that does seem better, but also quite a bit more unfortunately. Would you say the original diamond in question is around $6500? Or what would be your best estimate for it?
 
Whatever a poorly cut AGS Or GIA J-K I1 1.4 ct would cost. Hard to find comps exactly but I would guess no more than $4000
 
chiuey said:
Hm yes that does seem better, but also quite a bit more unfortunately. Would you say the original diamond in question is around $6500? Or what would be your best estimate for it?
Click to expand...
I really don't like estimating a fair value for EGL USA stone. That's the whole point of avoiding anything EGL of any kind; they are inconsistent.
If you really insist, 2 downgrade for color, 1 downgrade for clarity. That's J SI2. Since it is not well cut + chipping risk, I say 5k. Even at that, I would not touch.
 
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https://www.goodoldgold.com/diamond..._round-EX-GIA-J-SI1-diamond-stock-15962-cert-

https://www.goodoldgold.com/diamond..._round-EX-GIA-I-SI1-diamond-stock-15985-cert-

https://www.goodoldgold.com/diamond...GIA-I-SI1-diamond-stock-16011-cert-7251489812

https://www.whiteflash.com/loose-diamonds/round-cut-loose-diamond-3770051.htm

These are all MUCH better options than that one you posted. If you tell us your max budget, we can hone in

Also, I can tell you are worried about size. A well cut stone will look bigger than a poorly cut (and will have less hidden weight in depth or girdle)
 
You guys have been really helpful. The diamond business is no joke. I'll definitely have to reconsider. My budget for the stone is no more than 7k. And hopefully the setting and band under 10k.
 
That's a healthy budget! What were you thinking for a setting? Can we convince you to shift some of the setting budget to the diamond instead? You can get an awesome setting for under $2K unless it is custom or high carat weight with side stones
 
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I was thinking of a classic French pave setting (I guess it's not a true French pave, maybe I think called shared pronged setting), with small diamonds on the prongs as well and platinum, nothing too crazy.

So I guess the question is then, I will probably decline the vendors offer but maybe push him to see if I can get something better along with a GIA cert. OR, drop him altogether and just order online for a loose stone and then find someone to set it? The link you just sent me flyingpig seems really good and scored really well on the HCA scale. I've never heard of that usacerteddiamonds website. How does that work and can it be trusted?
 
Each vendor caters its target customers with a unique set of services and pricing. No vendor is perfect for everyone.

USACERT offers the best pricing among PS vendors, but provide no image in most cases.
Vendors like GoodOldGold, Whiteflash, Victor Canera arguably offer the best cut, service, upgrade policy and provide light performance images. But they are not cheap, as you can see from stones Tophat listed.
Jame Allen and Bluenile are somewhere in the middle.
Some offer free return shipping, some don't. You need to read all fine prints.

Meanwhile, some good stones from bluenile (ctrl+click to view)
https://www.bluenile.com/diamond-details/LD08519639?track=viewDiamondDetails&action=newTab
https://www.bluenile.com/diamond-details/LD08959500?track=viewDiamondDetails&action=newTab

All vendors offer simple pave settings, so it is the best to have the entire ring done at one place.
 
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Ok how bout this one, found it at store in Chinatown, selling for $7200 but I can probably get it less with the band/setting.

GIA cert, I color, VS2, 1.2carat, excellent cut
depth: 61.2
Table: 58
crown: 33.5
Pavillion: 41
HCA of 1.2

I'd rather get it at a store, but if I really can save a lot more online, I may just do that.
 
7200 is way too much for that stone. a 1.20 i vs2 with a GIA very good cut on blue nile is 6344.39
https://www.bluenile.com/diamond-details/LD08921449

I wouldnt want to base picking on the details alone that you provided. thisor the stone you posted also wouldnt be a first choice for me personally
 
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chiuey said:
Ok how bout this one, found it at store in Chinatown, selling for $7200 but I can probably get it less with the band/setting.

GIA cert, I color, VS2, 1.2carat, excellent cut
depth: 61.2
Table: 58
crown: 33.5
Pavillion: 41
HCA of 1.2

I'd rather get it at a store, but if I really can save a lot more online, I may just do that.
Click to expand...

The price is not completely unreasonable from a B&M store. It depends on what they are offering on the setting. As I posted, you can get 1.3c I VS2 for $6800. You pay $400 more and get 0.1c less with this B&M. The choice is yours. The diamond is decent and worth considering.
 
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