good deal or no deal?

[rockthedress]

At the time we purchased our diamond we were not filled with knowledge as we are now. I wanted to ensure that we got a good deal. When we left there I felt we got an amazing deal and once we got home I was starting to have my doubts. Here are all the specs on the diamond, please let me know what you think. I am driving myself and my husband nuts not to mention the jewelers who has offered to do a price match BUT the specs have to be in her words "apples to apples". And the requirements for what we need to obtain we're not so sure other jewelers will be willing to do.

We purchased a Round Brilliant 1.02 carat, Color G, Clarity is I1 (but its so crisp, there is just one small inclusion line that is hidden by the prongs), Polish/Symmetry are Ideal. Brillians, Dispersion and Scintillation are all three ideal as well.
Dimension 06.43-06.46x04.03 MM
Tableper 56.3
Crown 15.5
Pavilion 43.1
Girdle THIN
Depth 62.5
Culet NONE
Fluorescence NONE

We purchased the diamond for $6200, good deal or did we pay too much?

Thanks in advance to all!!

 

[LibbyLA]

Who (or what lab) graded the diamond?

If you use the search available here, you'll find that similar diamonds (1 to 1.05 ct., SI3 to I1) sell for a little over $3000 to about $5200. You may want to do your own search and see what you turn up.

liz

 

[rockthedress]

It has been certified by dia-lab (Independent Gemological Laboratories) and also OGI FireTrace.

 

[LibbyLA]

For that price, you could get a larger diamond ( up to 1.2 to 1.25) with higher clarity (SI2 minimum) graded by a reputable lab (GIA). Or a larger diamond (but not quite 1.2) with even higher clarity and probably a better cut.

Use the site's search tool to get an idea what is available in your price range and with comparable, or better, specs. Then you can decide whether you got a deal or not.

liz

 

[Dancing Fire]

It has been certified by dia-lab (Independent Gemological Laboratories) and also OGI FireTrace.

hate to say it buttt...you can use it for toilet tissue. GIA and AGSL are the only two respected lab.

 

[diamondseeker2006]

Price was too high, and really, without a GIA or AGS lab report, you really have no idea of the true color and clarity. I personally would insist on a return and start over. Another option is to get an independent appraisal to verify if the stone is really G SI1. Better yet, have them send the stone to GIA and make a deal that if the stone is not as they have represented, you want your money back.

Here are a couple of ideal cur 1 ct. G SI1 stones ($3990-4295), but your stone probably is lower than G SI1, so remember that.

http://www.jamesallen.com/diamonds/G-I1-Ideal-Cut-Round-Diamond-1489167.asp?b=16&a=12&c=77&cid=131

http://www.jamesallen.com/diamonds/G-I1-Ideal-Cut-Round-Diamond-1489167.asp?b=16&a=12&c=77&cid=131

What is the inclusion? You want to be sure your stone is structurally sound and not prone to chipping or breaking.

 

[LibbyLA]

OP said stone was I1, not SI1...

liz

 

[rockthedress]

The inclusions on those diamonds you linked are very bad in comparsion to mine. Those are dark clouds in those diamonds, mine honestly has a small feather down toward the bottom of the diamond. No visible to the naked eye.
Just as a side note the purchase was made in an actual store, I am not a fan of purchasing a diamond online without actually seeing it in the flesh.

 

[LibbyLA]

You are looking at greatly magnified photos, which make minimal inclusions look very scary when they may not be visible at all at real life size. My guess is that if you saw a photo of your diamond at the same size you would not be thrilled, but what you see in real life is quite different from what you see in a magnified photo.

You asked if you got a good deal. Various posters have been trying to tell you (some of us more subtly than others) that you did not get a good deal. You've been shown several comparable (or better stones) with known specs, graded by reputable labs, for considerably less money.

You came to a place where people routinely buy online from reputable vendors because they generally have access to a wider selection of better quality diamonds at lower prices than brick and mortar stores. If you are looking for a deal, you're not likely to get it at a B&M store.

liz

 

[Dancing Fire]

a much better way to spent $6200...

http://www.briangavindiamonds.com/diamonds/diamond-details/1.024-I-SI1-Round-Diamond-AGS-BL-104057888008#!prettyPhoto[gallery2]/1/

 

[bunnycat]

Just thought I'd add that the big heavies of the PS vendors (JA, WF, GOG, BGD...etc) all have very good and EASY return policies in addition to having many photos of the actual stones online, so you can buy, view, get appraisals, etc. and still have time to return a stone that doesn't measure up. That seems to be a bit harder to come by shopping in a B/M store where the dazzling lights make even a mediocre diamond look sparkly. So instead of being able to see a diamond where it really counts (in the real world) you only have the store lighting to go by, and once you are out the door with your purchase...who knows how nice it will look and can you return it if you don't like it? And of course, there's always the problem of EGL (and others) certs and store staff not really wanting you to actually be educated about diamonds (or other stones for that matter) to contend with.