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Good pricing for round?

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Carats

Shiny_Rock
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Feb 2, 2007
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1.5 carats, E Si2, igl europe, excellent symmetry & polish, ideal cut, 61% depth, 58% table...they said the ring would retail at 19,470 but that they could give it to us for 13,500...

What do you all think?
 
I think somebody is trying to rob you. The closest to that I can find online is an ideal cut F SI2 GIA certified diamond from WhiteFlash at $9358. An EGL Europe cert may not be as reliable as GIA and that stone could easliy really be F color and I1 in clarity. But even if it is represented accurately, the price is far from being a good deal. That $19,000 retail figure is ridiculous! My advice to you is to go elsewhere to shop. I would not trust this jeweler.

http://www.whiteflash.com/round_ideal_cut/Round-Ideal-Cut-cut-diamond-231889.htm

(I was just assuming you meant EGL. If it is really IGL, that is probably worse!)
 
EGL is known to be a bit softer in grading compared to GIA or AGS. Your stone may actually be an F/I1 and it may not be eye clean in clarity.

Also, keep in mind that cut quality is the most important part of what makes a diamond sparkle, and we need crown and pavillion angles to tell if your stone is going to be well-cut.

The price seems high to me overall. Similar stones are coming in at under 10k for a 1.5 E/SI2 and for under 6k for an F/I1 about this size: http://www.jamesallen.com/search_results.asp?cid=131&sbmt=1&shape=BR&carat_from=1.49&carat_to=1.6&color=%27E%27&color=%27F%27&clarity=%27SI2%27&clarity=%27I1%27&price=&cut_grade=0&cut_grade=1&fromtabledepth=&totabledepth=&fromtablesize=&totablesize=&x=84&y=13


ETA: just noticed that it's an IGL and not EGL...this might be even softer...
 
Date: 7/1/2007 7:29:58 PM
Author: kcoursolle
EGL is known to be a bit softer in grading compared to GIA or AGS. Your stone may actually be an F/I1 and it may not be eye clean in clarity.

Also, keep in mind that cut quality is the most important part of what makes a diamond sparkle, and we need crown and pavillion angles to tell if your stone is going to be well-cut.

The price seems high to me overall. Similar stones are coming in at under 10k for a 1.5 E/SI2 and for under 6k for an F/I1 about this size: http://www.jamesallen.com/search_results.asp?cid=131&sbmt=1&shape=BR&carat_from=1.49&carat_to=1.6&color=%27E%27&color=%27F%27&clarity=%27SI2%27&clarity=%27I1%27&price=&cut_grade=0&cut_grade=1&fromtabledepth=&totabledepth=&fromtablesize=&totablesize=&x=84&y=13


ETA: just noticed that it''s an IGL and not EGL...this might be even softer...
The stone seemed totally eyeclean to me (then again i''m not really good w picking up inclusions w my naked eye) but on the certificate and with the loop you could see that it was sprinkled all over with little minor inclusions. the lady told me that this is much better than having one large feather or something...

Also, she told me that crown and pavillion angles become irrelevant as long as the stone is considered to be "ideal" cut - based on the fact that it is ideal cut makes it have great angles.

It definitely did sparkle a lot in person....
 
Date: 7/1/2007 7:29:27 PM
Author: diamondseeker2006
I think somebody is trying to rob you. The closest to that I can find online is an ideal cut F SI2 GIA certified diamond from WhiteFlash at $9358. An EGL Europe cert may not be as reliable as GIA and that stone could easliy really be F color and I1 in clarity. But even if it is represented accurately, the price is far from being a good deal. That $19,000 retail figure is ridiculous! My advice to you is to go elsewhere to shop. I would not trust this jeweler.

http://www.whiteflash.com/round_ideal_cut/Round-Ideal-Cut-cut-diamond-231889.htm

(I was just assuming you meant EGL. If it is really IGL, that is probably worse!)
i''m pretty sure it was egl..she said that there is an american version that is not good, very lenient and a european based version that was on target with gia...
 
Date: 7/1/2007 8:22:49 PM
Author: Carats


Date: 7/1/2007 7:29:58 PM
Author: kcoursolle
EGL is known to be a bit softer in grading compared to GIA or AGS. Your stone may actually be an F/I1 and it may not be eye clean in clarity.

Also, keep in mind that cut quality is the most important part of what makes a diamond sparkle, and we need crown and pavillion angles to tell if your stone is going to be well-cut.

The price seems high to me overall. Similar stones are coming in at under 10k for a 1.5 E/SI2 and for under 6k for an F/I1 about this size: http://www.jamesallen.com/search_results.asp?cid=131&sbmt=1&shape=BR&carat_from=1.49&carat_to=1.6&color=%27E%27&color=%27F%27&clarity=%27SI2%27&clarity=%27I1%27&price=&cut_grade=0&cut_grade=1&fromtabledepth=&totabledepth=&fromtablesize=&totablesize=&x=84&y=13


ETA: just noticed that it's an IGL and not EGL...this might be even softer...
The stone seemed totally eyeclean to me (then again i'm not really good w picking up inclusions w my naked eye) but on the certificate and with the loop you could see that it was sprinkled all over with little minor inclusions. the lady told me that this is much better than having one large feather or something...

Also, she told me that crown and pavillion angles become irrelevant as long as the stone is considered to be 'ideal' cut - based on the fact that it is ideal cut makes it have great angles.

It definitely did sparkle a lot in person....
This is just wrong! Labels such as "ideal" are thrown out here and there often and are less meaningful than the actual numbers. Please stick around and learn about cut before making a purchase.
 
Date: 7/1/2007 8:24:18 PM
Author: Carats

Date: 7/1/2007 7:29:27 PM
Author: diamondseeker2006
I think somebody is trying to rob you. The closest to that I can find online is an ideal cut F SI2 GIA certified diamond from WhiteFlash at $9358. An EGL Europe cert may not be as reliable as GIA and that stone could easliy really be F color and I1 in clarity. But even if it is represented accurately, the price is far from being a good deal. That $19,000 retail figure is ridiculous! My advice to you is to go elsewhere to shop. I would not trust this jeweler.

http://www.whiteflash.com/round_ideal_cut/Round-Ideal-Cut-cut-diamond-231889.htm

(I was just assuming you meant EGL. If it is really IGL, that is probably worse!)
i''m pretty sure it was egl..she said that there is an american version that is not good, very lenient and a european based version that was on target with gia...
She''s wrong!!
 
wow. this is getting to be such an insanely unpleasant process. everyone says something different...
 
Date: 7/1/2007 10:29:13 PM
Author: Carats
wow. this is getting to be such an insanely unpleasant process. everyone says something different...
Hang in there! I think there are some similarities of all of the posts here: the stone is overpriced, there is concern about the quality of the stone, and there is concern about what the salesperson is saying and her trustworthiness.
 
Think about it for a minute. The diamond is cut by somebody, and then the label "ideal" is put on it.

Thus, it is the cut that makes the diamond "ideal", NOT that "ideal" makes an excellent cut.

Also consider that there is alot of money in high clarity/color diamonds. Thus it makes sense that some people would create labs that give pretty generous color and clarity grades. Because then more jewelers will want to send their poor quality diamonds to that lab knowing that it will come back higher than at say GIA or AGS. That means they can charge more than if they sent it to GIA or AGS.

Thus a general rule of thumb is that higher quality diamonds usually have GIA or AGS lab reports--because when the jewler looks at the diamond and determines it will score well he/she will want to send it to the most "reliable" lab. But then when he/she has a lower quality diamond it would only make sense to send it to the less "reliable" lab as it will rate higher and thus cost more money--even though it is of lower quality. Thus there is a very natural and real niche in the grading industry for such labs to exist, it will be profitable, and so it is only logical that they do in fact exist. Therefore you must use caution and do research before determining to trust any particular lab.

That then leads to the obvious conclusion that first, the CUT determines the TITLE ideal, as the cut came first. And that there will be some labs that will call diamonds ideal, that are not as good as they really should be to carry that label, as there is a natural niche in the market for such gradings to exist.

Thus, the first way to combat such a situation is to get all of the cut information. and I can tell you now, if this overpriced jeweler is trying to deny cut information to you, its PROBABLY not going to be the best numbers.

But finally, the price is ridiculous, the quality circumspect, and the jeweler questionable. Get out and find someone else.
 
holy cow!
i am in the process of getting a 1.614 G si2(absolutely EYECLEAN) H&A for 11,300!!!
 
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