I won auction (ebay) but is this really true or fake dimond?

[YourNewFriend]

Hi
Regarding the following loose diamond:

http://www.ebay.in/itm/ws/eBayISAPI.dll?ViewItem&item=160693963795&ssPageName=ADME:B:BCA:IN:1123

I won this auction. The price is 14,301 INR (Indian Money) which equals, by latest exchange rate, approximately (and not exactly, can be plus minus $1) $272. Auction says that shipping fee to chosen country is free but I doubt so and would have to ask about this.

Actually I haven't paid yet but what is your opinion about price in comparison with specifications? I think 1.08 carat is much much much more expensive comparing to $272

Second question is; If you think those specifications are fake, can I make sure anyhow about that? I already used PriceScope Diamond Search web application and discovered the same what I said in previouns paragraph - big difference in price.

 

[kenny]

Re: I won auction (ebay) but is this really true or fake dim

If it sounds too good to be true is probably is too good to be true.
In this case it is certainly too good to be true and I hope you can back out of buying it.
Nobody is going to sell a 1 carat real natural mined diamond of H color for that price.
Notice they don't even mention anything about clarity.

Goodness knows what it actually IS.

The way to be sure about specs is to only consider diamonds that have a grading report from a reputable independent lab like GIA or AGS.

The way to be sure you are being lied to is the $272 price tag.

 

[minmin001]

Re: I won auction (ebay) but is this really true or fake dim

well from the negative feedback I would NOT buy from the place. If you noticed the positive feedback(have lots of 4-5 in a row made by the same buyer), those can be fake auctions and not trustworthy

 

[slg47]

Re: I won auction (ebay) but is this really true or fake dim

If it sounds too good to be true is probably is too good to be true.
In this case it is certainly too good to be true and I hope you can back out of buying it.
Nobody is going to sell a 1 carat real natural mined diamond of H color for that price.
Notice they don't even mention anything about clarity.

Goodness knows what it actually IS.

The way to be sure about specs is to only consider diamonds that have a grading report from a reputable independent lab like GIA or AGS.

The way to be sure you are being lied to is the $272 price tag.

I think somewhere they mention the clarity is SI3/I1 but this is graded by their own grading and not a lab...

 

[kenny]

Re: I won auction (ebay) but is this really true or fake dim

Thanks Sig.
I didn't scroll down and see that.

Still, I'd run away screaming from this listing.

 

[decodelighted]

Re: I won auction (ebay) but is this really true or fake dim

If this question is for real (??? really, REALLY??) .... I would never buy from a place that has a STOCK photo for the diamond. That is not a real looking photo in the least. This "deal" is the equivalent of thinking you can buy a full sized, working Automobile for $200 - based on a stock photo of any car ... not *the* car being sold.

This is so all kinds of wrong I can hardly begin to list the problems.

 

[MichelleCarmen]

Re: I won auction (ebay) but is this really true or fake dim

The feedback is pretty bad. The same buyers over and over. Also, one person said they'd never buy from that seller again and then went on to leave a bunch of positive feedback later on in future purchases.

Plus, the diamond is listed as unisex. lol! Wonder if it says that on the certificate!

 

[ruby59]

Re: I won auction (ebay) but is this really true or fake dim

http://feedback.ebay.in/ws/eBayISAPI.dll?ViewFeedback2&userid=finestjewelery_co&iid=160693963795&de=off&items=25&which=negative&interval=365

Run, run away fast. If you have not done this too many times in the past, request a mutual cancellation. This way the seller will get his fees back and it may satisfy him.

If you do not pay, the seller can file against you. I think it is 3 or more, and you could get kicked off ebay. However, if it is just a first or second strike, I would take the chance. I would not spend hard earned money on this as you will be disappointed.

 

[YourNewFriend]

Re: I won auction (ebay) but is this really true or fake dim

Ok thanks for opinions but on the other hand I don't think if is really suggestable to run away from this auction as ruby59 said. According to the spam comments on seller's feedback section, it makes me very suspicious too but on the other hand feedback of 97% positive replies (once again, I know that this further results as a negative factor due to spam) is still amazing. I know the following comparison might be nonsense but still, grades on university (at least where I was) go until 10, anything below 6 is negative. Grade 6 matches from 50 to 60%, grade 7 from 61 to 70%, grade 8 from 71% to 80%, grade 9 from 81 to 90% and grade 10 from 91 to 100%. I might be wrong regarding ebay because I have never bought or selled anything there but what Im trying to say is this particular seller has in that logic the best possible grade. In my 6 years career of HARD studying, I got only one 10 grade.

Also I am well aware that diamonds are one of the most expensive materials but keep in mind that it is neccessary to know that some of people, at least in our country, has monthly salary below $450. Our money currency is different but I converted the amount into USD so I will be understandable better. If they/we/you expect to earn as any source of income (no matter primary or secondary) from reselling loose diamonds, you definitely wouldn't buy online the one with ''normal'' price, neither the one with "lowest online price". I personally don't think those two prices would have giant difference at all. But if you are buying it with "too good to be true" / "incredible low price" then this is acceptable ''story'' in such business, specially for the people with such salary. For instance: I used web application here on pricescope to determinate the "normal" price of loose diamond with the same specifications. Found two prices, average price is approximately $7000 and not $272 (my winning bid - of course I haven't paid yet and don't think I will; thanks to slg47 for warning about their own laboratory). So if I could really resell it for $7000, isn't it better to earn $6728 (minus shipping fee) than zero (reselling price which is $7000 minus buying price which is also $7000).

Please don't think that Im trying to argue, Im not. Note that Im just total beginner, trying to learn something about diamonds. Even if I sounded so, I never wanted to increase my voice or to offend anyone anyhow. Im not such person. Never been.

So when it comes to people with such poor salaries and if they want to earn something, you can be sure that they will never ever even try to buy it with "normal" price. They will almost always search for "too good to be true" prices, otherwise there is no point of doing the business.

Interesting situation happened few weeks ago, I was checking some chinese loose diamond auction. All I remember is 2.01 carat. The price was $410 but I need to be honest that I don't remember Cut specification which could be even Poor - this would probably drastically decrease the price. Fortunately or unfortunately (I will never know the answer and don't want to know) I was smart enough to NOT bid on this chinese auction which also contained GIA report.

 

[WishfulThinkingOne]

Re: I won auction (ebay) but is this really true or fake dim

Ok thanks for opinions but on the other hand I don't think if is really suggestable to run away from this auction as ruby59 said. According to the spam comments on seller's feedback section, it makes me very suspicious too but on the other hand feedback of 97% positive replies (once again, I know that this further results as a negative factor due to spam) is still amazing. I know the following comparison might be nonsense but still, grades on university (at least where I was) go until 10, anything below 6 is negative. Grade 6 matches from 50 to 60%, grade 7 from 61 to 70%, grade 8 from 71% to 80%, grade 9 from 81 to 90% and grade 10 from 91 to 100%. I might be wrong regarding ebay because I have never bought or selled anything there but what Im trying to say is this particular seller has in that logic the best possible grade. In my 6 years career of HARD studying, I got only one 10 grade.

Also I am well aware that diamonds are one of the most expensive materials but keep in mind that it is neccessary to know that some of people, at least in our country, has monthly salary below $450. Our money currency is different but I converted the amount into USD so I will be understandable better. If they/we/you expect to earn as any source of income (no matter primary or secondary) from reselling loose diamonds, you definitely wouldn't buy online the one with ''normal'' price, neither the one with "lowest online price". I personally don't think those two prices would have giant difference at all. But if you are buying it with "too good to be true" / "incredible low price" then this is acceptable ''story'' in such business, specially for the people with such salary. For instance: I used web application here on pricescope to determinate the "normal" price of loose diamond with the same specifications. Found two prices, average price is approximately $7000 and not $272 (my winning bid - of course I haven't paid yet and don't think I will; thanks to slg47 for warning about their own laboratory). So if I could really resell it for $7000, isn't it better to earn $6728 (minus shipping fee) than zero (reselling price which is $7000 minus buying price which is also $7000).

Please don't think that Im trying to argue, Im not. Note that Im just total beginner, trying to learn something about diamonds. Even if I sounded so, I never wanted to increase my voice or to offend anyone anyhow. Im not such person. Never been.

So when it comes to people with such poor salaries and if they want to earn something, you can be sure that they will never ever even try to buy it with "normal" price. They will almost always search for "too good to be true" prices, otherwise there is no point of doing the business.

Interesting situation happened few weeks ago, I was checking some chinese loose diamond auction. All I remember is 2.01 carat. The price was $410 but I need to be honest that I don't remember Cut specification which could be even Poor - this would probably drastically decrease the price. Fortunately or unfortunately (I will never know the answer and don't want to know) I was smart enough to NOT bid on this chinese auction which also contained GIA report.

The auction stone you won is probably fake and if it wasn't it would have been sent to a reputable lab and sold for a lot more.

Save yourself the trouble and go work for someone with more experience in diamonds and jewelry so that you can understand the market and what to look for as a buyer and seller. I really doubt you are going to get anywhere buying uncerted diamonds on ebay.

I replied a lot in your other thread I hope you have a chance to read it.

 

[MichelleCarmen]

Re: I won auction (ebay) but is this really true or fake dim

Ok thanks for opinions but on the other hand I don't think if is really suggestable to run away from this auction as ruby59 said. According to the spam comments on seller's feedback section, it makes me very suspicious too but on the other hand feedback of 97% positive replies (once again, I know that this further results as a negative factor due to spam) is still amazing. I know the following comp

So if I could really resell it for $7000, isn't it better to earn $6728 (minus shipping fee) than zero (reselling price which is $7000 minus buying price which is also $7000).
.

Oh, my. Are you saying you would flip the stone? I don't think that would result in you making the amount you are stating! You're assuming that diamond in the listing is even comparable to other diamonds of that quality, when in fact, you don't even know what the actual quality is! What if it comes back as an I2 diamond? Poorly cut one at that... (eta - if it were that easy to buy low and sell high, most of us PSers would be rolling in $$$ right now!)

 

[kenny]

Re: I won auction (ebay) but is this really true or fake dim

Yes! Buy it and sell it the next day for $7,000.
Also, buy that "natural" blue 1 ct diamond for $3,000, and sell it the next day for a million dollars.

It's really easy to make money buying and selling diamonds.
These sellers are soooooo stupid.
They just don't understand what they have, like you do!

You're gonna be RICH!
Please tell me your secret.

 

[minmin001]

Re: I won auction (ebay) but is this really true or fake dim

Yes! Buy it and sell it the next day for $7,000.
Also, buy that "natural" blue 1 ct diamond for $3,000, and sell it the next day for a million dollars.

It's really easy to make money buying and selling diamonds.
These sellers are soooooo stupid.
They just don't understand what they have, like you do!

You're gonna be RICH!
Please tell me your secret.

 

[ruby59]

Re: I won auction (ebay) but is this really true or fake dim

Your new friend, did you click the link in my last post? Read those negatives and then decide if you still want to purchase it.

 

[LD]

Re: I won auction (ebay) but is this really true or fake dim

Look at the inconsistencies with the actual auction itself:-

Says 1.05ct AND 1.08ct
Says loose diamond AND diamond ring
Talks about 14k gold setting??????

That's enough to flag up warning signs and then:-

Look at the feedback - multiple purchases by the same person (always a worry when the seller only has around 250 feedback). It's fairly typical of a seller trying to get percentages up to sell more. Strip away the multiple buyer feedback and where you can see somebody has only bought one item you can see that in nearly ALL cases there are neutral and negative feedback all saying that clarity/colour were not as described.

Ask yourself also why all the auctions are private i.e, if you look at the feedback you can't see what was purchased? On it's own it's not a concern but with somebody with feedback like this I'd run a mile.

ALSO, you only have 10 days to return to India. If you're not in India you run the risk of not returning in that timeframe.

If I were you I'd contact the seller and see if they would allow you to cancel the bid.

 

[MichelleCarmen]

Re: I won auction (ebay) but is this really true or fake dim

Look at the inconsistencies with the actual auction itself:-

Says 1.05ct AND 1.08ct
Says loose diamond AND diamond ring
Talks about 14k gold setting??????

That's enough to flag up warning signs and then:-

Look at the feedback - multiple purchases by the same person (always a worry when the seller only has around 250 feedback). It's fairly typical of a seller trying to get percentages up to sell more. Strip away the multiple buyer feedback and where you can see somebody has only bought one item you can see that there are neutral and negative feedback all saying that clarity/colour were not as described.

ALSO, you only have 10 days to return to India. If you're not in India you run the risk of not returning in that timeframe.

If I were you I'd contact the seller and see if they would allow you to cancel the bid.

I think this person lives in India b/c he/she keeps saying "our country" and that the amount was converted to US currency to help make it understandable for us. I'm kind of confused. There is a question of the auction being real, then the person is defending everything about the auction that we stating are red flags, then saying he/she won't buy the stone. Also, the university grading to eBay comparison isn't quite how it works and perplexes me...

 

[YourNewFriend]

Re: I won auction (ebay) but is this really true or fake dim

WishfulThinkingOne: I read every single reply in both topics, so for sure didn't miss anything. Also if from aspect of price diamond is supposted to be fake, this doesn't yet guarantee it IS fake. I agree that there should be some offical certificate but on the other hand even this wouldn't say it isn't fake. Possibility exsist that seller just found, attached it to the auction and now claiming to say he is willing to sell it for $272 according to this certificate which probably doesn't even match with whatever seller is really trying to sell. You said that I shouldn't try ebay auctions at all. For my opinion I cannot expect any success if looking at trustful online stores only such as bluenile.co.uk, jamesallen.com etc. Maximum I could expect there is small discount and thats all.

MC; I know what you are saying. Of course I cannot know what specifications does it REALLY have. But this can be said for just any ebay auction. I doubt if there is possible to make sure if specifications on auction are either correct or not.

ruby59: Yes I checked your link. Those negative feedback, even if its only 3%, doesn't look good. Also buyer, even if is just single person, who himself/herself has 100% positive feedback, typed specifications are not even close to what was expected. He/she was probably relating to what was stated in the auction. But hey, it also depends how did he check those specifications. I wouldn't say the seller send him just some different certificate.

MC: Im not from India. Im from Europe. Im definitely not defending anything about the auction at all otherwise I wouldn't opened topic and ask question about it and how accurate it is.

 

[kenny]

Re: I won auction (ebay) but is this really true or fake dim

For my opinion I cannot expect any success if looking at trustful online stores only such as bluenile.co.uk, jamesallen.com etc.
Maximum I could expect there is small discount and thats all.

It's called getting what you paid for.

BTW, you get what you pay for whether you buy that $272 diamond or one from JamesAllen.
The difference is only one is an honest deal.

 

[diamondseeker2006]

Re: I won auction (ebay) but is this really true or fake dim

Um, I'd rather have a well cut, high color and clarity tenth of a carat over a 1 ct. piece of I1 (probably I3+) rock selling for $272. You won't be able to get your money back on that one, and certainly not make a profit. My goodness. I wouldn't pay $10 for it!

 

[decodelighted]

Re: I won auction (ebay) but is this really true or fake dim

So .... you are really looking to start a business finding cheap diamonds on the internet and flip them for a profit --- using, I'd assume, your extensive knowledge on the subject and superior communication skills?

CONGRATS!!!!!! We have several posters here on PS trying their hand at that very endeavor right now. It will be positively thrilling to see how it works out for all of you ambitious pioneers. I, for one, cannot wait for updates! And am preparing to be SOOOOOOO jealous of the easy money rolling y'alls way asap.

Please do report back! And, when you're ready to sell your steals, just remember these two words. Diamond. Bistro.

 

[slg47]

Re: I won auction (ebay) but is this really true or fake dim

So .... you are really looking to start a business finding cheap diamonds on the internet and flip them for a profit --- using, I'd assume, your extensive knowledge on the subject and superior communication skills?

CONGRATS!!!!!! We have several posters here on PS trying their hand at that very endeavor right now. It will be positively thrilling to see how it works out for all of you ambitious pioneers. I, for one, cannot wait for updates! And am preparing to be SOOOOOOO jealous of the easy money rolling y'alls way asap.

Please do report back! And, when you're ready to sell your steals, just remember these two words. Diamond. Bistro.

(because Pre-loved is not for flippers)

 

[Lisa Loves Shiny]

Re: I won auction (ebay) but is this really true or fake dim

So .... you are really looking to start a business finding cheap diamonds on the internet and flip them for a profit --- using, I'd assume, your extensive knowledge on the subject and superior communication skills?

CONGRATS!!!!!! We have several posters here on PS trying their hand at that very endeavor right now. It will be positively thrilling to see how it works out for all of you ambitious pioneers. I, for one, cannot wait for updates! And am preparing to be SOOOOOOO jealous of the easy money rolling y'alls way asap.

Please do report back! And, when you're ready to sell your steals, just remember these two words. Diamond. Bistro.

So true. I get barely 25% of what I paid for when I try to resell a gemstone. And when I try to resell a ring I can list it at scrap value and still no takers. The last diamond I sold (30xloupe clean, very white) was a .75 carat RB for $800. When I was offered $650 for a .65 carat loupe clean RB I turned it down and made a three stone ring using that diamond.

 

[Dancing Fire]

Re: I won auction (ebay) but is this really true or fake dim

Its a ripoff, no cert and
Average Clarity: SI 3 / I 1 ???
Diamond Cut: Full Cut ???
Is it even certified by a reputed lab like GIA, EGL USA, or AGS

no,more like "full of S**T"

 

[YourNewFriend]

Re: I won auction (ebay) but is this really true or fake dim

So .... you are really looking to start a business finding cheap diamonds on the internet and flip them for a profit --- using, I'd assume, your extensive knowledge on the subject and superior communication skills?

CONGRATS!!!!!! We have several posters here on PS trying their hand at that very endeavor right now. It will be positively thrilling to see how it works out for all of you ambitious pioneers. I, for one, cannot wait for updates! And am preparing to be SOOOOOOO jealous of the easy money rolling y'alls way asap.

Please do report back! And, when you're ready to sell your steals, just remember these two words. Diamond. Bistro.

What is wrong with my communication?
Also regarding ''selling my steals'', Im not going to steal anything from anyone. Not sure what made you think that. But please respect the people (fortunately im not one of them, at least not yet) who earns $400 per MONTH working damn hard with blood on their hands to earn for a leaving, or who beg on the streets to get some coins. Don't try to think they will buy a diamond for normal price.

 

[vintagelover229]

Re: I won auction (ebay) but is this really true or fake dim

Yournewfriend: Please don't take any of the poking fun seriously. You came here asking for advice from diamond enthusiasts and MANY of them have smaller incomes. We just want you to get something GOOD for your hard earned money.

And that stone that you bought-you got TAKEN for your hard earned money. It's like someone trying to sell you poop on a stick instead of a fudge sickle. You can CALL It a fudge sickle cuz it's...well-I'm sure you understand. But it looks smells and probably tastes like poop!


I just woke up so I apologize for the gross analogy.


For someone who works hard for their money-if you really want to get something to invest in that you can resell I would get an ideal cut stone. The moment you show an ideal cut stone to someone who's been shopping around the area and compares that to what they've seen-they'll snatch it up. I recommend a half carat ideal cut stone-chose the color/clarity depending on the preference in the area and you'll be set.


Take the advice for what it's worth. I for one would love it if I bought a car or something expensive and posted on a forum and I still had a chance to return it and they told me it was a complete dude so I could get my money back and start over. If it was an okay stone-we'd be honest and say to someone who isn't familiar with diamonds this stone will be fine. However this isn't the case-and people here tried to explain that to you. When you respond like you don't care and just want something positive said to make you feel better about your purchase-this isn't the right place for that.

We have a lot of variety here on pricescope but sugar coating a poor diamond purchase isn't one of them. Especially when you come asking for that advice in the first place.

Good luck!

 

[slg47]

Re: I won auction (ebay) but is this really true or fake dim

Vintagelover is right...we can help you find something on any budget or give you some advice to shop locally...but sticking with this ebay stone doesn't seem like a good idea.

 

[kenny]

Re: I won auction (ebay) but is this really true or fake dim

... But please respect the people (fortunately im not one of them, at least not yet) who earns $400 per MONTH working damn hard with blood on their hands to earn for a leaving, or who beg on the streets to get some coins. Don't try to think they will buy a diamond for normal price.

With all due respect people who earn $400 a month or beg for coins can not afford a diamond, beachfront property, Hermes bags or 100 foot yachts.
Who said everyone is entitled to everything?

Accepting what we cannot afford and living within our means is wise at any income level.

Just because you want to pay one one-hundredth of the going price for a diamond (and there are crooks out there who promise to provide it) does not mean it is possible.
Wake up.