INCREASE IN PRICE PER CARAT?

[mazzy]

HI EVERYONE! DOES ANYBODY KNOW IF THERE HAS BEEN AN INCREASE IN THE PRICE OF DIAMONDS SINCE NOVEMBER 2004? WE HAD LOOKED AT A 1.7 EMERALD CUT AND IT WAS $8200. NOW WE ARE BEING TOLD THAT WE CAN GET A 1.07 FOR THAT PRICE! I DON''T THINK THE SPECS ON THE DIAMONDS ARE THAT MUCH DIFFERENT EXCEPT FOR COLOR, ONE WAS AN H AND THE OTHER AN E. I THINK THAT THIS MIGHT BE THE REASON. EXCUSE ME IF I SOUND IGNORANT BUT THIS IS ALL NEW TO ME AND I TRY TO JUST READ ALL OF YOUR POSTS TO LEARN. SO IF ANYONE HAS SEEN AN UPWARD TREND IN THE DIAMOND INDUSTRY LET ME KNOW.
THANKS A BUNCH

 

[RockDoc]

Date: 6/15/2005 6:35:34 PM
Author:mazzy
HI EVERYONE! DOES ANYBODY KNOW IF THERE HAS BEEN AN INCREASE IN THE PRICE OF DIAMONDS SINCE NOVEMBER 2004? WE HAD LOOKED AT A 1.7 EMERALD CUT AND IT WAS $8200. NOW WE ARE BEING TOLD THAT WE CAN GET A 1.07 FOR THAT PRICE! I DON''T THINK THE SPECS ON THE DIAMONDS ARE THAT MUCH DIFFERENT EXCEPT FOR COLOR, ONE WAS AN H AND THE OTHER AN E. I THINK THAT THIS MIGHT BE THE REASON. EXCUSE ME IF I SOUND IGNORANT BUT THIS IS ALL NEW TO ME AND I TRY TO JUST READ ALL OF YOUR POSTS TO LEARN. SO IF ANYONE HAS SEEN AN UPWARD TREND IN THE DIAMOND INDUSTRY LET ME KNOW.
THANKS A BUNCH

Stones over 1.50 carats are in "shrinking" supply. There was an increase from the sight held by DeBeers.
So was there a price increase, yes, however, even though stones stones are cut yet, dealers, cutters, and sellers are preparing with increased prices, as the replacement inventory will be costing them more.

Rockdoc

 

[RockDoc]

Additionally, the price between an H color and an E color is SIGNIFICANT.


Rockdoc

 

[mazzy]

I SEE, SO AM I CORRECT IN FIGURING THAT AN EMERALD CUT STONE WITH THE RANGE OF 1.7 TO 1.8, COLOR OF G-H. CLARITY NO LOWER THAN SI1 AND A RATIO OF ABOUT 1.4-1.5 AND A VERY GOOD CUT SHOULD RANGE ABOUT 10,000 TO 13,000 DEPENDING ON THE PERCENTAGE OF DEPTH AND TABLE?
BY THE WAY THANKS FOR THE RESPONSE.