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help with laser drilled value I VS2 2.00ct

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wrprice

Rough_Rock
Joined
Sep 23, 2013
Messages
9
I wanted to get some help on this Diamond that I am looking at purchasing. I am not sure how much laser drilling lowers the price of a diamond. I was offered a laser drilled stone the other day and have a refundable deposit on it right now it has a GIA Cert which says the following:

Round Brilliant Cut
7.83mmx7.96mmx5.23mm
2.00 Carat
I Color
VS2 Clarity
Good Cut
Very good polish
Good Symmetry
Strong Blue Fluorescence

My concern is that I havent been shopping for a laser drilled and dont know what a good price would be. Is 16k reasonable, or should I look at other stones. I had a jeweler scare me about buying altered stones a few weeks ago and wasnt sure about this one. Thanks in advance for your help.
 
wrprice|1379946635|3525644 said:
I wanted to get some help on this Diamond that I am looking at purchasing. I am not sure how much laser drilling lowers the price of a diamond. I was offered a laser drilled stone the other day and have a refundable deposit on it right now it has a GIA Cert which says the following:

Round Brilliant Cut
7.83mmx7.96mmx5.23mm
2.00 Carat
I Color
VS2 Clarity
Good Cut
Very good polish
Good Symmetry
Strong Blue Fluorescence

My concern is that I havent been shopping for a laser drilled and dont know what a good price would be. Is 16k reasonable, or should I look at other stones. I had a jeweler scare me about buying altered stones a few weeks ago and wasnt sure about this one. Thanks in advance for your help.
Click to expand...

The laser drilling isn't what sounds the alarm on this one - it's the "Good" cut...

(Drilling & bleaching inclusions is a permanent treatment, GIA will grade drilled diamonds but not fracture filled stones. The clarity grade is assigned post-treatment... and post-treatment and post-grading it's just another GIA I VS2).
 
I saw the "Good Cut" part when I pulled the cert this morning and I was concerned with that. Do you think for 16k on this stone I should pass and keep shopping? The stone looked good but am no expert at these things and I want to make sure I am getting a good price/value for my money.
 
Cut grade sacrificed to meet the 2ct mark... post report number and exact carat weight (x.xx) and we can tell you more.
 
GIA 5151595361
 
enter "2" for the Ct Wt
 
http://www.gia.edu/cs/Satellite?reportno=5151595361&childpagename=GIA%2FPage%2FReportCheck&pagename=GIA%2FDispatcher&c=Page&cid=1355954554547

Yikes. And playing with facetware... looks like that's rounded *down* :sick:
http://facetware.gia.edu/


That table/crown/pav combo is going to leak like a seive and long shallow LGFs don't have a prayer of "saving" it. If you hold it over a brightly coloured paper I expect that you'll be able to see the bright colours right through the stone under the table.

What are your priorities? This diamond won't sparkle as much as a better cut diamond would through a variety of lighting types - and it's more sacrifice than I'd ever recommend making. It also faces up small (small diameter, which ultimately is what you see when you look at the stone) thanks to the steep crown and pav.

Your local vendor has this stone, correct? If you're looking online you can use the HCA tool to help weed through large inventories: https://www.pricescope.com/tools/hca The direction specify shortlisting stones that score under 2, I would change that to 3 or 3.5. If you're looking in-person tell your jeweller to find you some GIA EX/VGs or AGS0/1s.
 
That stone was cut for weight, not optics, and that's not a decision that gets a whole lot of positive discussion here. That said, it's YOUR decision to make and it boils down to what your objectives are. That piece of material cut to PS sorts of specs that would be a considerably smaller stone. THEIR objective was to get as much finished weight as possible because they wanted to sell for a 2 carat premium and are offering up a discount for the cutting, the drilling and the fluro. It's kind of hard to find comps for this sort of thing from the online vendors without doing some legwork because most don't list them on their primary sites but most can order in things if you ask. Ring up one or two of the dealers and see what they can offer for alternatives.
 
Thanks a lot guys. I think I am going to pass on this stone. I am looking to be in the 15K Ballpark with a 3 stone white gold setting. I saw this, and it was tempting to have a 2.0 center and 3.0 total weight for 20K.
 
I'm not sure how you feel about antique cuts, but there appear to be several options over the 2ct mark in your price range so long as you are comfortable dropping down a bit in color. People here tend to prefer old cuts in slightly lower color grades, they are also very popular options right now.

example...
http://jewelsbyericagrace.smugmug.com/Jewelry/Rings-Antique-Vintage/229-Old-Eureopan-Cut-Diamond/29827214_KJRhJX#!i=2562776689&k=TWFtfsk

http://jewelsbyericagrace.smugmug.com/Jewelry/Rings-Antique-Vintage/225ct-est-Old-European-Cut/28366239_CvQkx7#!i=2416221720&k=pmC3csj
 
YUCK.

screen_shot_2013-09-23_at_12.png
 
Not knowing much about diamonds. Im curious to ask is the stone just really bad or is the stone overpriced for what it is, if you think it is overpriced what would you estimate you would sell something like that for, and what would you buy it for used.
 
I'm not sure I would agree that it's overpriced for what it is, that depends on a fair number of variables not the least of which are your requirements but for a recently cut stone, A 'good' cut grade means it's in the bottom 10 percentile or so on the GIA scale. It's got 3 other flags (strong fluro, good symmetry, and laser drilling). None of those are deal killers in and of themselves or even when taken in aggregate but its pretty far from the mainstream of what most people are shopping for. The first question is ALWAYS whether it's the right stone for what you're looking for. The right price on the wrong thing is no bargain.
 
I'm glad you passed on it. You could have done better price wise on ebay if you weren't that concerned with cut quality.
 
wrprice|1379949808|3525672 said:
I saw the "Good Cut" part when I pulled the cert this morning and I was concerned with that. Do you think for 16k on this stone I should pass and keep shopping? The stone looked good but am no expert at these things and I want to make sure I am getting a good price/value for my money.
Click to expand...
You have a budget of $16K and you gonna waste it on a laser drilled stone?... :confused: :knockout:
 
Am I wrong here I thought laser drilling was clarity enhancement. With such a nice budget you would be much better off finding an ideal cut stone with out laser drilling.
 
heididdl|1379984405|3525981 said:
Am I wrong here I thought laser drilling was clarity enhancement. With such a nice budget you would be much better off finding an ideal cut stone with out laser drilling.
Click to expand...

Two types of clarity enhancement.
> Laser drilling & bleaching - permanent, GIA/AGSL will grade a drilled stone
> Fracture filling - not permanent (filling can come out over time/exposure, though companies like Yehuda guarantee it for life), GIA/AGSL will not grade a fracture filled stone

I would not want a fracture filled stone but have no problem with laser drilling.
 
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