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How much more for an E? Go ahead, guess.

Discussion in 'RockyTalky' started by kenny, Aug 19, 2011.

  1. kenny
    Super_Ideal_Rock

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    by kenny » Aug 19, 2011
    http://www.whiteflash.com/loose-diamonds/round-cut-loose-diamond-2680220.htm

    I know the price jumps get surprisingly large in the higher color and clarities.
    If the only difference was one color grade how much more would this diamond cost if it was E instead of F?

    $200?
    $500?
    $1,000?
    $1,500?
    $2,000?
    $2,500?
    $3,000?
    $3,500?
    $4,000?

    I'd love to get input from pros since you would not be affecting a sale or commenting on the quality of a competitor's goods.
    The reason I'm asking is a few years back I bought an identical 0.82 AGS VVS1 ACA but it is E instead of F.
    I'm just curious what today's retail price would be. (Yes, I know, I know, I can't sell it for that.)

    zszs.png
     
  2. Dancing Fire
    Super_Ideal_Rock

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    by Dancing Fire » Aug 19, 2011
    my guess would be $1500??.. :praise:
     
  3. ame
    Super_Ideal_Rock

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    by ame » Aug 20, 2011
    I am going to guess 2K. I say that because prior to all this skyrocketing it was about 1K for that jump.
     
  4. kenny
    Super_Ideal_Rock

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    by kenny » Aug 20, 2011
    Thanks you two. :wavey:

    Hey, this thread has had 107 views but there are only two brave souls who ventured a guess. :confused:
    Come on guys . . . data data data.
     
  5. Echidna
    Brilliant_Rock

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    by Echidna » Aug 20, 2011
    $2500

    (This is starting to look like a bidding war :lol: )
     
  6. dreamer_dachsie
    Super_Ideal_Rock

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    by dreamer_dachsie » Aug 20, 2011
    Kenny I cant even begin to guess accurately, but I'd say between $1 and $2k.

    You know, just as an aside, if you want to sell I suggest contacting Wink Jones. I think you could be really surprised at what you would be offered for your diamond. I know I was 8) There are benefits to buying super-ideals like you own, they have better market value in some niche markets it seems.
     
  7. dreamer_dachsie
    Super_Ideal_Rock

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    by dreamer_dachsie » Aug 20, 2011
    Maybe call WF and ask what they would charge! They have internal price sheets don't they?
     
  8. Phoenix
    Ideal_Rock

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    by Phoenix » Aug 20, 2011
    Ok, I'll play.

    I'd guess btw $1-2k more.
     
  9. susimoo
    Brilliant_Rock

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    by susimoo » Aug 20, 2011
    I am going for $1500. :wavey:
     
  10. moosemom
    Shiny_Rock

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    by moosemom » Aug 20, 2011
    I will guess $1800.
     
  11. tyty333
    Super_Ideal_Rock

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    by tyty333 » Aug 20, 2011
    I'm going to guess close to $2k?
     
  12. marcy
    Super_Ideal_Rock

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    by marcy » Aug 20, 2011
    $1800

    My guess is based on knowing it's $2000 more for a 1 ct E
     
  13. John Pollard
    Ideal_Rock
    Trade

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    by John Pollard » Aug 20, 2011
    Apples to apples, an E in that shape/size/clarity would be about 10.5% more than an F right now. Differences in make and availability of that category of goods in the market can influence actual prices though.
     
  14. Amys Bling
    Super_Ideal_Rock

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    by Amys Bling » Aug 20, 2011
    My guess would be 1800.
     
  15. kenny
    Super_Ideal_Rock

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    by kenny » Aug 20, 2011
    Thanks all for the input.

    In October of 2006 I bought the 0.82 ct E VVS1 ACA (also graded by AGS) for $5512, see below.
    If list is $10,000 today (apparently a pretty reasonable guess) then the retail price has gone up $4488.
    That's 81.4% in under five years.

    This is about as apples to apples as a comparison can be, same vendor, same lab, same brand, cut brand, weight and clarity, only one color grade difference.
    Also my ACA was NOT that "New Line" painted ACA that WF temporarily sold, so even the cut of the cut is the same.

    This blows my mind!
    People have been talking about recent price increases but I had no idea it was anything near 81%. :-o :-o :-o
    My heart goes out to new couples shopping now.

    Does anyone else here have hard data documenting price increases?
    Is it 81% because it is E VVS1, or have all colors and clarities gone up that much?

    Here's the original screen capture from Oct 2006:

    2006.png
     
  16. Mayk
    Ideal_Rock

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    by Mayk » Aug 20, 2011
    :o wow
     
  17. LGK
    Ideal_Rock

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    by LGK » Aug 20, 2011
    For my mom to buy a similar stone to my 1.22 ct OEC recently, she paid more than double what I paid in 2007. Mine's an EGL-USA N SI1; hers has no cert, JbEG called it M/N but it's definitely got more color than mine so call it O/P, VS2ish. Mine was $2500 with setting included in 2007, hers was $5500 with setting included now. And I'd shopped around- that was the best deal out there right now for what she wanted.

    So, similar price increase. A LOT.
     
  18. kenny
    Super_Ideal_Rock

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    by kenny » Aug 20, 2011
    I just looked at the ACA, and actually it DOES look 81.4% more beautiful than it did five years ago. :mrgreen:

    That's real nice, because I look 81.4% less beautiful now. ;( ;(
     
  19. dreamer_dachsie
    Super_Ideal_Rock

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    by dreamer_dachsie » Aug 20, 2011
    In May 2010 I bought the diamond described in the first attached picture.

    Today, an exact comparable is attached in the second picture, which, if adjusted for the greater carat weight of my stone (it is the same price per carat range) means my diamond should retail for $16,367.

    That is an increase of 49% in 16 months. There is your hard proof Kenny.

    dreamerJ.jpg

    dreamercomp.jpg
     
  20. kenny
    Super_Ideal_Rock

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    by kenny » Aug 20, 2011
    WOAH!
    49% in 16 months pwns my 81.4% in 5 years by a landslide!

    YOU DA MAN!
    Or are you DA WOMAN?
    I forget whether you are an innie or an outie. Sorry. :oops: :oops:
    Not that it matters, it's just a language thing.
    At least we don't converse in Spanish, which assigns gender to things like tables . . . La Mesa means all tables are female. Figure THAT out!

    If anyone else wants to post screen captures, here's how.
    Enter the lab report number of the diamond you bought into the vendor's search field.
    If your diamond comes up, then look for a comparable diamond for sale today at the same vendor.
    Post both.

    To calculate change in price, subtract the lower price from the larger one.
    That gives you the difference.
    Divide the difference by the old price.
    Multiply by 100. (Part over whole times 100 is how I remember it)

    That give you the difference in price in percentage.
     
  21. jstarfireb
    Ideal_Rock

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    by jstarfireb » Aug 20, 2011
    That's unbelievable.
     
  22. kenny
    Super_Ideal_Rock

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    by kenny » Aug 20, 2011
    It IS amazing.
    Five years ago I had projected only a 81.17% increase. :lol:
     
  23. Echidna
    Brilliant_Rock

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    by Echidna » Aug 20, 2011
    I'm sorry that we have to keep bringing this up, but the price hikes haven't been as bad for those of us that are purchasing in foreign currencies due to the devaluation of the American dollar. I'm not sure if you're interested in these numbers, Kenny, but I bought my diamond about 18 months ago at 80 Australian cents in the dollar. I think my diamond is now about 40% more expensive (nothing comparable in BGD inventory), but our currency is now at parity (actually a bit over) so I wouldn't be stung the entire 40% difference.
     
  24. thbmok
    Brilliant_Rock

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    by thbmok » Aug 20, 2011
    From what I have seen much of the price increases happened this year. I was considering this BG Blue in February: http://www.briangavindiamonds.com/diamond/diamond-detail/?product_id=BLAGS-104049675006

    1.728 J VS1 VSB listed for $10,545 and was sold before the price hikes starting in March.


    Similar stones now list for at least 40% more in less than 6 months.

    1.734 J VS1 SB lists for $14,997
    http://www.briangavindiamonds.com/diamond/diamond-detail/?product_id=BLAGS-104052029014

    1.706 J VS1 VSB lists for $14,910
    http://www.briangavindiamonds.com/diamond/diamond-detail/?product_id=BLAGS-104052029015
     
  25. Imdanny
    Ideal_Rock

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    by Imdanny » Aug 21, 2011
    Obscene.
     
  26. cereal_diamond
    Rough_Rock

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    by cereal_diamond » Aug 21, 2011
    Same same,

    I was also considering buying last year but then cancelled, but I really regret I didn't take the plunge back then :sick: . At that time these were the diamonds I was looking at and their respective prices.

    WF ACA 6.48x6.50x3.99 AGS-1040377810035 1.03 G VS 2 USD7,550

    WF ACA 6.46x6.48x3.99 AGS-1040389740035 1.018 G VS 2 USD7,465 (Costs abt 11,100 today)

    WF ACA 6.00x6.05x3.72 AGS-1040369420050 0.821 D VS 1 USD4,903 (What I was ideally looking for nowadays but very hard to find at the moment in this size)

    WF ACA 6.57x6.63x4.05 AGS-1040372120011 1.08 G VS1 USD8,900 (forgot when I looked up this one but same stone is still available for sale now also USD11,100)

    Anyway I did manage to save a bit during that time n so I recently ended up buying an E color VS1 1.07 at 12,600 from BGD, quite a premium considering I was all set on going with the D .821 (I really liked that one ;( ) but I think she would've wanted an upgrade sooner rather than later...
     
  27. risingsun
    Ideal_Rock

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    by risingsun » Aug 21, 2011
    I just recently had my wedding set and other diamond jewelry reappraised. I was in :shock: at the increase in replacement costs. We could not afford to purchase my engagement ring at these prices today. As an FYI, please have your diamond jewelry reappraised for your insurance policies. I wanted to upgrade my diamond studs. I have two pairs because I have two piercings in each ear. That is not going to be happening anytime soon...at least not to get the cut, color and clarity I want.
     
  28. Skippy123
    Super_Ideal_Rock

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    by Skippy123 » Aug 21, 2011
    I am in shock! I just looked at 1.5 VS2 G's and they are in the 20ks! You use to get 2 carats in the 20ks. :o I am super curious what will happen to prices. I really think they will come down kind of like what happened a couple of years ago.
     
  29. TristanC
    Brilliant_Rock

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    by TristanC » Aug 21, 2011
    Price isn't about to change until the US$ is sorted. The troubles with the US economy, and the burgeoning demand in growing wealth markets is changing the pricing realities as the US$ is just getting caned.

    Used to be that everything could be measured in US$ changes over time. These days I struggle to find a constant currency as everything shifts. I am enjoying online shopping in the US tremendously though - historic pricing barriers and benchmarks have meant that a LOT of things are ridiculously underpriced in the US vs a lot of the world.

    Australia is the exact opposite of course. Wonder how long this brand 'arbitrage' opportunity will exist before big brands need to shift their basic cost structure in the US as well.
     
  30. yssie
    Super_Ideal_Rock

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    by yssie » Aug 22, 2011
    Good god Kenny. That is crazy!!


    Hmm.. I have some screenshots saved from my own searches. Let's see:

    July 5, 2009 - 2.02 I SI1 AGS0 w/ neg fluor $13.5k from JA
    Now - 2.03 I SI1 AGS0 w/ neg fluor $21k from JA


    Dec 2008/Jan 2009 - 1.022 G SI1 WF ACA $5.5k, 1.053 G SI1 WF ACA $5.7k
    Now - 1.011 G SI1 ACA $10k, 1.004 G SI1 ACA $8k (why the giant price difference?)


    And my pet stalking project, jff -

    HRD 3ct I SI2
    March 9, 2010 - $16600 wire
    Feb 11 2011 - $22200 wire
    Apr 6 2011 - $23800 wire
    May 27 2011 - $25300 wire
    June 17, 2011 - 26500 wire
    July 6, 2011 - 25800 wire
    August 3, 2011 - 25300 wire
     

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