GIA 2.00 Carat D SI2 - $17,500?

[shmurgshmurg]

Why is this stone so cheap? What is wrong with it?

 

[Lorelei]

No real way to know without a trusted vendor acting as your eyes, I would speculate the diamond may not be eyeclean, or the cloud inclusion has an effect on brilliance possibly as it is an SI2 clarity. You can do better concerning the cut.

 

[JulieN]

nasty cut.

 

[shmurgshmurg]

Although GIA says it is a very good cut, it got a 5.8 on the HCA!!!

Also, I noticed there was no serial number on the side for me to do a report check (it might have gotten cut off).

The report is weird - it is a reprint from a 2005 report, yet it has the inclusions listed.

Doesn''t it being a D significantly increase the price?

 

[neatfreak]

Date: 10/22/2008 1:16:54 PM
Author: shmurgshmurg
Although GIA says it is a very good cut, it got a 5.8 on the HCA!!!


Also, I noticed there was no serial number on the side for me to do a report check (it might have gotten cut off).


The report is weird - it is a reprint from a 2005 report, yet it has the inclusions listed.


Doesn't it being a D significantly increase the price?

It does to an extent, but if it's an ugly stone that has some nasty inclusions and isn't well cut it'll bring it right back down. There are a LOT of variables to consider.

If you consider that the GIA Excellent range alone is huge, the "Very good" range gets even bigger...very good doesn't usually mean that it's actually a nicely cut stone...

 

[shmurgshmurg]

What is so bad about the cut of this stone? I am curious.

 

[JulieN]

41.6 pavilion angle. obvious cheating to get to the magic 2.00 mark.

 

[Lorelei]

Date: 10/22/2008 1:27:53 PM
Author: shmurgshmurg
What is so bad about the cut of this stone? I am curious.

Steep pavilion angle maybe to obtain weight retention, the HCA can penalize diamonds for this, but it is likely you can do much better for cut. Unless you have seen it, compared it to other diamonds of known cut quality in person and love it, then that is the main thing. However you seem to be anxious to get the best cut diamond you can, I would pass on this one.

 

[shmurgshmurg]

Lorelei - were you in the forum I starting discussing the 2.17 G SI2 Triple Ex. GIA that I saw?

I think that is my favorite of all the diamonds I have seen in person. Also, it got a .7 on the HCA.

Did you have any additional thoughts on that diamond - (without seeing it of course - just your estimation).

 

[Lorelei]

Date: 10/22/2008 1:41:00 PM
Author: shmurgshmurg
Lorelei - were you in the forum I starting discussing the 2.17 G SI2 Triple Ex. GIA that I saw?

I think that is my favorite of all the diamonds I have seen in person. Also, it got a .7 on the HCA.

Did you have any additional thoughts on that diamond - (without seeing it of course - just your estimation).

I will go and check the thread...

Ok just refreshed my memory. The SI2 you mention appears to be worth consideration for purchase subject to an independant appraiser evaluating the diamond. Especially as you say it is your favourite, if you have looked at many stones and have a strong preference for one in particular, then that is the one to investigate further.

 

[shmurgshmurg]

I have an arrangement with the seller. I will buy the stone, and take it an appraiser the next day. If I receive a report that shows anything different (for the worse) then he will give me a full refund.

Regarding the stats and cert of the diamond, does it look ok to you? (cut..etc...)

 

[Lorelei]

Date: 10/22/2008 1:49:38 PM
Author: shmurgshmurg
I have an arrangement with the seller. I will buy the stone, and take it an appraiser the next day. If I receive a report that shows anything different (for the worse) then he will give me a full refund.

Regarding the stats and cert of the diamond, does it look ok to you? (cut..etc...)

That sounds like a plan. Going by the stats of the diamond and that you have seen it and compared it to others, it looks to be a well cut diamond which should perform well.

 

[Allison D.]

Date: 10/22/2008 1:49:38 PM
Author: shmurgshmurg

I have an arrangement with the seller. I will buy the stone, and take it an appraiser the next day. If I receive a report that shows anything different (for the worse) then he will give me a full refund.

Shmurg, you've listened well and negotiated a return plan; that's fantastic.

Can I make a suggestion? Please have your vendor amend this agreement to "if I'm unhappy the results of my independent appraisal for any reason, I can return it for a refund."

I say this because: you may find that the cut isn't as strong as you'd hoped, but since it may still fall within the VERY wide latitute as a GIA EX, you technically wouldn't be able to return it under the "only if something from the report changes" arrangement.

Here's another example: What if the appraiser says 'here's a feather that breaks the surface" and you decide you'd rather pass on the stone? By your existing agreement, as long as the feather is plotted, it doesn't 'differ from the report', and you'd be stuck.

What if the appraiser tells you he doesn't think it's worth the asking price? Since the GIA report doesn't stipulate any valuation, you'd be stuck.

Simply put: there's no reason for an honorable vendor not to stand behind their product and offer a reasonable return period if the customer is anything less than completely satisfied.

 

[Lorelei]

schmurg, Allison offers excellent advice.

 

[Dancing Fire]

Date: 10/22/2008 1:27:53 PM
Author: shmurgshmurg
What is so bad about the cut of this stone? I am curious.

a little deep on the bottom half ?