Insuring a MODIFIED cut

[MD TERPS]

I''ve heard the premium on modified diamonds (Solesfera, Eighternity, Star 129......) are extreme. So when having a diamond appraised for insurance purposes, should I expect it to be much less than i bought it for? I would hate for this to happen but if its a possibility, I need to be mentally prepared.

And when purchasing insurance, should it be for just the stone or the entire ring? If just the stone, I assume that its best to have it looked at before its mounted, right? If its should be for the entire ring, then how much will the appraiser be able to tell when its mounted? Hmmmm.

 

[neatfreak]

It should be the entire ring, and I would make sure to get paperwork that clearly states the modified cut and the purchase price. You should be covered by insurance as long as it''s clearly documented that it is a special cut.