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Fair Price? Need advice from Expert.

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Meraj

Rough_Rock
Joined
Jun 7, 2003
Messages
73
I''m thinking of this round brilliant cut:
Depth 61.9
Table60
Girdle: Sl Thick to thick
Polish: VG
Sym: Good
VS2
E
Flour: Med blue
1.5 c
For $17k
GIA Cert
Is this a fair price or not from a brick & mortar? Another question I have is, how come some certs have prices listed on it???? I''m confused.
 

pricescope

Ideal_Rock
Joined
Dec 31, 1999
Messages
8,266
I'm not sure about B&M price but in the internet you can find much better quality stones for much less.

For example, I found several AGS ideal cut diamonds (1.5 E VS1) listed in the Internet for several thousands less (from $12k to $15k).
 

Giangi

Ideal_Rock
Joined
Jan 23, 2003
Messages
2,530
The price is HIGH, even if you're buying locally. Alos, the cut isn't that good... Try to avoid thick girdles, as you're paying for something you can't see.

I'm not sure about what you mean when you say that some certs have prices on them... I guess you mean consultations of appraisal?
 

DiamondExpert

Brilliant_Rock
Joined
Jan 15, 2003
Messages
1,245
Grading certs from GIA and AGS have NO reference to $ or value of the stone graded...those that do are usually some form of "in house" quasi "appraisal" designed as a "feel good" promotion for the buyer, and are worth staying away from in my opinion.

You should be able to get a stone from a reputable internet vendor in your size (ct. wt.), color and clarity, which is an ideal cut, branded or unbranded Hearts & Arrows, beautifully performing for a few $K less than $17K - saving enough to probably pay for the setting.
 

Giangi

Ideal_Rock
Joined
Jan 23, 2003
Messages
2,530
Gary, maybe he/she saw some EGL/UGS/IGI paperworks??
 

Meraj

Rough_Rock
Joined
Jun 7, 2003
Messages
73
thanks for the quick responses. Yes, that is what I mean on IGI. Is IGI not a cert? Confused.

----------------
On 6/8/2003 3:49:50 PM Giangi wrote:

Gary, maybe he/she saw some EGL/UGS/IGI paperworks??
----------------
 

pricescope

Ideal_Rock
Joined
Dec 31, 1999
Messages
8,266
Meraj, you should not confuse grading report (certificate) and appraisal.

Appraisal shows the price while grading report states gemstone' properties.



"Grading reports are not appraisals that tell you a diamonds worth, they give an independent expert opinion on its quality and can only be issued for a loose or unset stone. "[/u]
 

Giangi

Ideal_Rock
Joined
Jan 23, 2003
Messages
2,530
AJ;

IGI New York issues both diamond reports(''certificates'') and appraisals. An appraisal is basically a diamond report which includes a (bogus) replacement value. May I add that I don't trust IGI NY?? They're quite lenient. On the other hand IGI Antwerp --the head lab-- is very good.

Hope this helps
 

Giangi

Ideal_Rock
Joined
Jan 23, 2003
Messages
2,530
Leonid... We posted at the same time... Sorry.
 

Meraj

Rough_Rock
Joined
Jun 7, 2003
Messages
73
Thank you experts.
Vendors have shown me the IGI which shows the value and then quoted me a selling price under what was shown on the report. So you don't think the IGI report will give me a ball park figure as to what I should be buying the diamond for, then how will I know what is the best price as the mark ups are between 25 to 100%?

Also, what color, and clarity in an 1.5 carat eight star diamond or GIA Ideal cut can I expect for about $17k to $18k? (again at a brick & mortar). Can I expect a GSA '0' grade with an E or F or is this asking too much for an 8* or Ideal 'O' cut???/
 

dragonsheart

Rough_Rock
Joined
Jun 7, 2003
Messages
20
that is alot of money to pay for a 1.5

shop around. go to the stores, go to the book store on info on diamonds. But do not go to Zales!!
you will get ripped off at that store. try shopping on-line.
 
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