Hearts and Arrows Question

[jwbernick]

Since current grading reports (GIA and AGS) do not currently measure symmetry and cut with sufficient precision to grant a higher rating to high-end diamonds (like Hearts and Arrows), do most appraisers simply value H&A diamonds at the same price as other AGS triple 0 diamonds (all other measures being equal)?

I suppose the thrust of my question is one about insurance and/or resale - if a buyer pays a premium for an H&A diamond, will he or she be unable to recoup this premium upon resale or loss because the grading reports do not distinguish between H&A and any other ideal diamond?

Thanks!

 

[strmrdr]

most appraisals aren''t worth the paper they are written on sadly.
A good appraisal will note all characteristics of the diamond including h&a and take it into account in setting a replacement value.

If you cant replace every part of the ring with like quality and looks from the information on the appraisal then its worthless.

 

[WinkHPD]

Absolutely right. A good appraisal will list not only the H&A appearance on the appraisal but if it is a branded diamond and the appraisor has been given the appropriate documents to support that branding then the branding will be on the appraisal along with all document numbers, whether from GIA,AGS or ABC.

The more information you have, the better the appraisal and the easier it is for the insurance company to be sure that you recieve like kind replacement. And yes, diamonds with optical symmetry will cost more and should appraise for more.

Wink

 

[RockDoc]

A good appraisal will include photo images or the H&A viewer images, Firescope or Ideal scope images, and in some cases ASET images, as well a photos of the diamond and the jewelry it is set in.

Ask the appraiser how he will estimate the value for insurance. The appraisal research should be made using the selling prices of comparable stone to the one that you have purchased, in the market level where you would replace it. He should be asking the type of policy that you are considering buying, as the value methodology would be different for different insurance types of policies.

The concept of insurance is to put you in the same postion immediately preceeding the loss.

Rockdoc