Hi. I am looking to buy a diamond for my girlfriend to put in a ring she likes. I thought I had a pretty good handle on things and knew what I was doing. Then I found this website in searching Google about the legitimacy of the NY Diamond District, and since then I've learned that I don't know jack, and I'm probably going to get screwed if I don't watch out!
I had been looking at Blue Nile, thinking that for about $4K I would get a good deal on a ring: ~1c, I color, VS2-SI1, no fluorescence (becuase I thought it was bad to have), good-excellent symmetry, good-excellent polish, and near 1:1 measurements (because a jeweler said if it's like 5.32x5.22 you'll be getting a rectangle, so you want as close to 1:1 as possible). So I was operating under the impression those specs would make a pretty diamond, and I could get it around $4K. I went into a local Robbins Brothers and found comparable rings for maybe $300-$400 more. I just thought I was getting a great deal online because they can go a little cheaper.
Well then after a trip to NYC, I started Googling about the legitimacy of the Diamond District. I found one thread on here about the same thing and took me to DiamondRegistry.com, NYDEX.com, a website called Good Old Gold where a gentleman has tons of videos about sparkle, scintillation, and these other tools to assess diamonds that I've never heard of. Some people in the thread about the NYC Diamond District said to use dealers on this forum, others said buy something using NYDEX. But I went from thinking I could have a pretty nice diamond (on paper) that was in my budget, to feeling fully overwhelmed and fearing that I'll either a) give up or b) get screwed.
A guy in the NYC Diamond District offered me a 1.05c, I, VS1 (or SI1, I can't remember), basically hyped it up as a great diamond, all for about $3,400 (about $600-$800 less than Blue Nile). Then said there is no paperwork, I have to take his word, or for $40 he'd get me a report from upstairs from a lab that he probably pays off (not GIA). It was really discouraging. Maybe some of you could offer a little advice on good places to get diamonds, things to watch out for, and maybe a little encouragement to hang in there.
When you're a grad student, $4K or so is a big purchase, it's a long-term investment, and I want to get it as right as I can. If a dealer wants to work with me, I'm happy to do that. If someone wants to tell me that I'll get a worthless rock for $4K, as least it's honest. I just want to find something I can feel confident with. At least with Blue Nile they make a big hub-bub about carefully selecting diamonds and giving you a GIA cert with it. It's so hard getting trustworthy info.
Any help is appreciated. Thanks so much!
I had been looking at Blue Nile, thinking that for about $4K I would get a good deal on a ring: ~1c, I color, VS2-SI1, no fluorescence (becuase I thought it was bad to have), good-excellent symmetry, good-excellent polish, and near 1:1 measurements (because a jeweler said if it's like 5.32x5.22 you'll be getting a rectangle, so you want as close to 1:1 as possible). So I was operating under the impression those specs would make a pretty diamond, and I could get it around $4K. I went into a local Robbins Brothers and found comparable rings for maybe $300-$400 more. I just thought I was getting a great deal online because they can go a little cheaper.
Well then after a trip to NYC, I started Googling about the legitimacy of the Diamond District. I found one thread on here about the same thing and took me to DiamondRegistry.com, NYDEX.com, a website called Good Old Gold where a gentleman has tons of videos about sparkle, scintillation, and these other tools to assess diamonds that I've never heard of. Some people in the thread about the NYC Diamond District said to use dealers on this forum, others said buy something using NYDEX. But I went from thinking I could have a pretty nice diamond (on paper) that was in my budget, to feeling fully overwhelmed and fearing that I'll either a) give up or b) get screwed.
A guy in the NYC Diamond District offered me a 1.05c, I, VS1 (or SI1, I can't remember), basically hyped it up as a great diamond, all for about $3,400 (about $600-$800 less than Blue Nile). Then said there is no paperwork, I have to take his word, or for $40 he'd get me a report from upstairs from a lab that he probably pays off (not GIA). It was really discouraging. Maybe some of you could offer a little advice on good places to get diamonds, things to watch out for, and maybe a little encouragement to hang in there.
Any help is appreciated. Thanks so much!