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Help! should I buy this 5.02ct. Oval Diamond

Y

YSL

Rough_Rock
Joined
Oct 15, 2013
Messages
11
Hello,

I am new to this forum and am looking for an engagement ring. I am trying to decide between an Oval Cut or an Emerald Cut. My jeweler presented this to me but I'm not sure the clarity is good enough but the size is big. Im not sure what to do. I really want to have a 3ct to 5 ct ring but I can only afford to spend 50k all in. Do you think it will be noticeable that its not as good quality a diamond? Is it really that much more worth it?

Thank you so much for your help!

ysl

us908809901dappraisal__1_.jpg

us908809901d__2_.jpg
 
No because Si2 will equal I1 to GIA standards. Is it eyeclean? Have you seen it in person?
 
not sure how you feel about rounds - but this has always been one of my favorites! it's a low color, but color is the last on my prioroty list. but thought i'd pass it along :)

http://www.goodoldgold.com/diamond/8140/
 
So it's worth $200,000 but they will sell it for $50,000?
 
Thank you so much for your replies! Sorry Im still getting the hang of this forum! Yes, I saw it in person today and my finace saw the imperfection when he looked close but it was kind of on the side, I think unless you looked hard, you would not know. I wanted to do either one of these settings attached if I were to get it. Again if its not really good quality though, I dont think I should go for that. I appreciate the other suggestions! I am still confused on what I want and am just trying to figure out what is best value for money, I am so thankful to even have 50k to spend but I want it really to be the best quality diamond. I will take a look at those other links now. Thank you again for your help.

oval-cut-engagement-ring-harry-winston.png

blake-lively-pink-oval-diamond-engagement-ring-c12.jpg
 
Ya thats another thing I should have mentioned sorry, it also worries me, its worth almost 200k and they are willing to sell for 65k. Its above our budget but i was wondering if it is that much of a deal maybe i should try and see if I can up my budget a bit.
 
Thank you for your suggestions on diamonds. Unfortunately im really trying to avoid round or color, so as much as they are stunning, I'm not sure they will work. The Emerald Cut one is really beautiful though and more my style. I've never even thought of buying online before though. I am going to look more into this, as I think it seems to have the right cut, clarity and color I was looking for. Thank you for your help!
 
HI:

How many different shapes have you tried on? What really "sung" to you? If finger real estate is what you are trying to satisfy--certainly we can help you there. But that do you really want? Can you go down in color and up in clarity? How many round brilliants have you tried on that are so well cut that you would be blinded by the sparkle....vs size?

You have a significant budget--and I would hope you would buy from a vendor who would have a trade up policy in case you change your mind. Like that EVER happens here! :bigsmile:

BTW, what is your finger size? What kind of setting are you hoping to get?

cheers--Shaorn
 
YSL|1381888598|3538485 said:
Ya thats another thing I should have mentioned sorry, it also worries me, its worth almost 200k and they are willing to sell for 65k. Its above our budget but i was wondering if it is that much of a deal maybe i should try and see if I can up my budget a bit.
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I suggest you find a different jeweler. No one sells something that is worth 200K for 65K.
 
Thank you JulieN ..i definitely don't feel that confident now, considering he was trying to tell me that the certification was good. It was because of the imperfection that you can see, is why he is selling it so low. I am a bit weary now.
 
Hi Canuck girl thank you so much for your help. Honestly I am very new to this and have never been one to dream about my engagement ring. Here are some rings that I really loved. I went to Martin Katz a jewewler here in Beverly Hills and tried one on that i liked but for my budget I couldn't get anything that was the right size. I think its important for me to get a good clarity and brilliance ( i think) rather than color. I do want size though and am hoping for 3 carat in an Emerald ideally. The only reason I was partial to Oval was because of this offer my jeweler made today- but if everyone thinks its not really a good deal then I wont entertain it anymore. I really did like this ring and was hoping for something similar. I didn't realize you could actually find a ring on this forum..I'll have to explore it more and find some other options. Thank you!

06952_emeraldcutdiamond_engagring_800-1.png
 
I have no idea how much the stone was or is, but as an EGL stone it is highly likely its a I1 to I2 clarity and at least one to two could even be 3 shades lower than the colour that is on the certificate. The problem you have is that EGL doesn't grade diamonds as strictly as GIA. You might think you are getting a bargain, but if you had it regraded and valued by GIA and it comes back a 5.02 carat mid coloured I2 stone then even at 5 carats its worth a fraction of what you have handed over for it.

For a $50 000 budget you would be better going for a GIA near clean I1 that size and know what you are getting than one where you don't.

Emeralds give great finger coverage as well. Why don't you let some of the guru's here help find you an oval or an emerald one that is eyeclean that is a nice cut. Better cut = better fire and sparkle!!!
 
Also my finger size is small I think its a 4.5 but I've just asked me jeweler to make sure!
 
So, would you be happy with a 3 ct if the clarity was good and the color was, what? J whiter? I saw you said you don't care as much about color.

Let me look around, if you find a fair prices one, there is a wonderful bench over in LA that could make you a delicate amazing halo
 
Yes, I agree, I just wrote my jeweler and told him I wont be going for the Oval. It does not sound right and I will take more time to explore this forum and hope someone can help me!! Thanks again!
 
Niel|1381890243|3538512 said:
So, would you be happy with a 3 ct if the clarity was good and the color was, what? J whiter? I saw you said you don't care as much about color.

Let me look around, if you find a fair prices one, there is a wonderful bench over in LA that could make you a delicate amazing halo
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Thank you for your help. Yes, so from what I'm learning, basically I want:

GIA certified
The color should try and be D, E, or F or ...if it can go down to G... (maybe im wrong)
Ideally I want FL, IF, VVS1, VVS2 or VS1, VS2

I would love your help in finding an Emerald cut that is 3ct..or more hopefully!

Budget 50k
 
Google Pricescope VC or Victor Canera halo.

He is in LA and I think might be just what you're looking for

He could probably source the stone for you as well. He has one on his site right now that's STUNNING but a bit over budget. But his halo is amazing and I've heard he is great to work with.

I do believe to get what you're looking for you may be better off looking at G, H, I stones.

Nothing wrong with those by any means. They are very white. Just not a STARK D white. They will really help you get what you want in budget. As I don't think an F will be in budget for you.
 
Niel|1381890590|3538519 said:
Google Pricescope VC or Victor Canera halo.

He is in LA and I think might be just what you're looking for

He could probably source the stone for you as well. He has one on his site right now that's STUNNING but a bit over budget. But his halo is amazing and I've heard he is great to work with.

I do believe to get what you're looking for you may be better off looking at G, H, I stones.

Nothing wrong with those by any means. They are very white. Just not a STARK D white. They will really help you get what you want in budget. As I don't think an F will be in budget for you.
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Thank you SO much for your advice! I am googling these now. Appreciate your help and I'm sure I'll be on here with more questions soon. I think its safe to say i wont be getting this Oval now.
 
HI:

I also recommend looking at the "Show Me the Ring Forum" where you will see some of the most stunning emerald cut rings known to man. :bigsmile: A variety of settings. You'll need a couple of days.

BTW, I am happy to see you have put that oval to "bed". ;))

cheers--Sharon
 
canuk-gal|1381892015|3538533 said:
HI:

I also recommend looking at the "Show Me the Ring Forum" where you will see some of the most stunning emerald cut rings known to man. :bigsmile: A variety of settings. You'll need a couple of days.

BTW, I am happy to see you have put that oval to "bed". ;))

cheers--Sharon
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oh i will check that out- I feel like I'm going to be up all night!!
 
SB621|1381883617|3538392 said:
No because Si2 will equal I1 to GIA standards. Is it eyeclean? Have you seen it in person?
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this is not true. EGL USA is very accurate on clarity.

It's color they are inconsistent on.

If buying online:
I still wouldn't spend over 50k,000 on something without an idealscope image and a few close up mug shots of that stone. And honestly, for that much money: a video.


So no. I would not buy. You do not have enough information. Also make sure vendor has at least 2 week no questions asked full refund (no credit) return policy.

If buying in person: find a good INDEPENDENT appraiser: https://www.pricescope.com/appraisers

Make sure you have at least a 2 week return policy-- no questions asked, full money return. Take the thing get it appraised. That 'appraisal' document with the inflated replacement value is good only as toilet paper.
 
What I recommend for your budget:
EC:
http://www.jamesallen.com/loose-diamonds/emerald-cut/3.01-carat-g-color-vs1-clarity-sku-217869
http://www.jamesallen.com/loose-diamonds/emerald-cut/3.07-carat-h-color-vs1-clarity-sku-22260
http://www.jamesallen.com/loose-diamonds/emerald-cut/3.01-carat-g-color-vvs2-clarity-sku-250060


Oval:
I know this is less than 3 carats, but compare it's DIMENSIONS (not carats, but measurements) to the emeralds above and you'll see that it is BIGGER: http://www.goodoldgold.com/diamond/9863/ THIS is what I'd buy. $40,304.97 Gorgeous, bright and beautiful. And BIG. Also it leaves you the 6k you will need to get a top quality pave halo setting for it from Steven Kirsch.

Emeralds are not spready. Ovals are. And oval at 2.5 carats faces up a LOT larger than an EC at 3 carats.


AND that is NOT a 200,000 stone. That is a lie. If the seller is selling it for 65k. You can BET it's a 60k stone.

That appraisal is, as I mentioned before, worthless.

You need a lot more knowledge before you spend 50k.

Also you need a new jeweler.

There are three HUGE red flags.

1. Crappy inflated appraisal.
2. Offering you a stone that is CLEARLY above your budget (60-65k) and trying to upsell you instead of respecting what is a great budget.
3. Representing that EGL is good, without informing you that it is traded at a discount and why.

Three strikes. You are out. Run, don't walk away from this jeweler.
 
Gypsy|1381899724|3538592 said:
SB621|1381883617|3538392 said:
No because Si2 will equal I1 to GIA standards. Is it eyeclean? Have you seen it in person?
Click to expand...


this is not true. EGL USA is very accurate on clarity.

It's color they are inconsistent on.
.
Click to expand...

With all due respect Gypsy I think you are off on that one. I have had 6 diamonds GIA certed over the last 2 years. Ones I have bought and most recently a few I have inherited. They all came with EGL USA certs. Color was always 1-2 off. But clarity was also always off by 1 grade, and in one case it was off by 2.


OP- honestly I like your style. The two rings you posted I have a version of actually :bigsmile: My Ering has a 5ct antique cushion in a HW inspired halo. My old ering which is a 2ct MRB is set in a blake lively inspired version of her pink ering. So yea- you have great taste if I do say so myself!

Goodluck with your diamond search. Honestly I think Gypsy is wonderful at finding a needle in the haystack fantastic diamond. Try to not rush your decision and find something you really love! Or something that at leasts has a great return policey!
 
If her budget is 50k I don't think spending it all on the stone is a good idea. Especially because her setting well made will be like 5-6k

Drop down to the H-I range and you can get everything you want. White eye clean well performing stone with the perfect delicate halo setting.
now I know this is too deep but just as an example

Drop down to an I and you can get the size you want with a price that allows for your dream setting. Let VC find you the stone, if you go with him. I believe I've heard you get a discount if you buy the stone and setting from him. And you stay in budget.

http://www.jamesallen.com/loose-diamonds/emerald-cut/3.32-carat-i-color-vs1-clarity-sku-223305
 
Usually I'm all for dropping down to SI1 or SI2 if they are eye clean as a way to save money and improve in other areas. However, once you really hit the 3ct marker clarity, I feel, is much more important. It is harder to mask imperfections so I would try to stay in the VS2 range or better. I do not have the eagle eyes other PSer's have, but I do notice clarity issues in larger stones more. If 50k is your budget and size is important to you I would actually spend the majority of it on your diamond. You can always change your setting out later. When I got my 5ct it was in a solitare for 2-3 months before I got it set in the halo setting. Dress changes are easy but upgrading/ trading in your diamond can be a real pain. So if you plan for this to be your forever diamond put your money there.
 
SB621|1381931468|3538750 said:
Usually I'm all for dropping down to SI1 or SI2 if they are eye clean as a way to save money and improve in other areas. However, once you really hit the 3ct marker clarity, I feel, is much more important. It is harder to mask imperfections so I would try to stay in the VS2 range or better. I do not have the eagle eyes other PSer's have, but I do notice clarity issues in larger stones more. If 50k is your budget and size is important to you I would actually spend the majority of it on your diamond. You can always change your setting out later. When I got my 5ct it was in a solitare for 2-3 months before I got it set in the halo setting. Dress changes are easy but upgrading/ trading in your diamond can be a real pain. So if you plan for this to be your forever diamond put your money there.
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I suppose it comes down to a difference of opinion. I would rather get my e ring what I want and willing to drop one color size to get everything I want that one color size up to get only half. I do totally see what you're saying though. I just tink when we are talking 40-50k stones, 5 thousand isn't going to have as large an impact as say she was looking for 5-10k stones. So I don't know if spending an extra 5 k will even make that noticeable a difference, where it definitely would in the setting.

But it also depends if she wants to upgrade. Or wants her original ring to be her dream ring.
 
SB621 said:
Usually I'm all for dropping down to SI1 or SI2 if they are eye clean as a way to save money and improve in other areas. However, once you really hit the 3ct marker clarity, I feel, is much more important. It is harder to mask imperfections so I would try to stay in the VS2 range or better. I do not have the eagle eyes other PSer's have, but I do notice clarity issues in larger stones more. If 50k is your budget and size is important to you I would actually spend the majority of it on your diamond. You can always change your setting out later. When I got my 5ct it was in a solitare for 2-3 months before I got it set in the halo setting. Dress changes are easy but upgrading/ trading in your diamond can be a real pain. So if you plan for this to be your forever diamond put your money there.
Click to expand...

I second this. Well said SB
 
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