How much should I pay...2ct. engagement ring??

[AGranda]

Hi,

Ive been shopping aroundin the NYC diamond district for an engagement ring with my girlfriend. We found something we like and would like you opinions.

2.01ct Emerald cut E color,SI clarity(no inclusions visible to our naked eyes and a few "white" inclusions visible under 10x, nothing in center), Depth 72%, Table 68%, Polish VG, Symmetry G, Culet None, Girdle Extremely Thin to Thick). (GIA Certified)

Setting: Platinum "Tiffany" with 2 Baggets (.50ct tw G color, VS1 clarity).

We were quoted a price of $12,500. Good deal or should I go elsewhere?

Thanks,

 

[Inuyasha]

AGranda,

I can't really answer with any authority about the price for such a stone, but something that I have noticed first hand with seeing some emerald cuts is that I can usually spot inclusions in SI1 or SI2 graded stones. Maybe I have hawk eyes, but that's something to think about since from what I've read in many posts about emerald cuts is that it might be safer to go with a VS clarity stone instead. Also, you might want to do more reading about stones that have girdles that are extremely thin.

 

[valeria101]

Sounds like a good deal. At least compared to the emerald cuts listed here and ont he other dozen sites I use for ref., the price is quite attractive (hard to find a stone near, let alone less than 12k). You have seen the stone - so no more wandering about wether this is clean to the eye or not. There are enough clean SI Ecs, and this is one of the happy encounters - great! I would have the same comment about the girdle - seeing "extremely thin" on paper is not absolutely good news. However, if the area of the girdle which cause the "extremely thin" comment can be protected (or already is, since the stone is set) by the setting (lets say it is small and next to a prong) - the point in moot.

This stone could have skipped a couple % of depth and still be a great emerald cut, but this is not an easy argument to make (too shallow is definitely worse than too deep, and the "too shallow" depends on the stone's proportions).

Conclusion? this sounds like a good deal to me!

PS:
Looking for price reference, another 'competing' stone caught my eye (LINK). You can retrieve all listings of it by running a search here on the first page of PS... Not a better price, but a larger stone for the weight, with promissing "Very Good" symmetry and proportions.

Also, there are some general guidelines for the cut of ECs(LINK) you might want to take a look at.

 

[AGranda]

Thanks for your responses. We bought the ring. My fiance absolutely loved it and we didnt want to risk losing that particular stone. The seller appraised it for 50% over price paid. We went to an independent appraiser and asked for a reasonable appraisal. He appraised it at 30% over. Ive decided to use the lower appraisal for insurance purposes.

Thanks again