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- Jun 15, 2015
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Although, I wonder how you’d know how much of a “discount” you got if the diamond wasn’t graded...
Something I’ve been thinking about.
Something I’ve been thinking about.
My experience was that it is very hard to sell an uncerted OEC. I got less than half of retail when I sold a 1.08 I/VS1 EOC ring to a jeweler. He sent it to GIA which is how I know the specs. Buying an OEC without a cert is a risk but if you do, realize that with rare exception there is not much competition for the sale.
My experience was that it is very hard to sell an uncerted OEC. I got less than half of retail when I sold a 1.08 I/VS1 EOC ring to a jeweler. He sent it to GIA which is how I know the specs. Buying an OEC without a cert is a risk but if you do, realize that with rare exception there is not much competition for the sale.
The difference between a K/SI2 and an H/VS1 is on the order of double in the market.
I was just mulling this over. Did we find the same stone?
Hahaha I hope not!
but I sometimes see uncerted stones and it has me wondering at what point the gamble might be worth it.
Option 1- the seller is unfamiliar with the diamond business.I just always wonder, why it wasn't worth it to the seller to get it certified?
Uncertified Diamond?
It is not just matter of missing details on color, clarity and cut grades and proportions..
An uncertfied diamond can be color/clarity enhanced or lab-created. It may have durability issues. In the worst case, it may not be a diamond.
As for how much discount, it depends on who is selling the uncert diamond.
I think it depends on how good you are at reading the diamond photos, and how cheap it is. I've taken SO many risks collecting my old cuts. 99% of them didn't have GIA or even an appraisal, and I've lucked out on all of them because my photo assessment have been spot on with GIA's eventual assessment. Sent in over 50 diamonds in the last 10 years and I have not been one grade off yet. Best score was a 1.13ct yellow antique moval purchased based on one crap photo, and I knew it wasn't irradiated by the look of it. GIA graded it Natural Fancy Intense Yellow, lol. Paid like 20% what it would cost retail, score! So it really depends on how knowledgeable and how risky you are.