Is this a good deal?

[unidrumer]

The guy I am working with called me up yesterday with this stone he is getting from an estate.

GIA cert in 1979....

round brilliant
carat 1.01
color - H
clarity - VS2
depth - 61.1
table - 62
girdle - thin to thick
polish - good
sym - good
flor - none
meas - 6.36 x 6.46 x 3.95 mm

$4900.00

I already looked at it and have to admit that the color seems to be off from the cert. I put it between another H and an F and it seems to be right between the two in color. VS2 clarity seems to be right on par with everything else I've seen.

So anyway, does this seem like a decent deal? I'll be putting it in a plat. setting. Also, should I be worried about the old cert?

Thanks in advance.

 

[pearcrazy]

It seems in line with the search of H/VS2 1.01 diamonds that I did here which gave a range of $4440 to about $5500 dollars.

 

[unidrumer]

Thanks!
I did a search and thought the same thing. Anyone in here see any reason why I shouldn''t go after this?

Does anything else stick out that I am missing?

 

[strmrdr]

Has the stone been checked for damage?
A lot can happen to a stone since 1979.
A recert might be in order or atleast a good appraisal

 

[Regular Guy]

Date: 9/9/2005 2:26:05 PM
Author: unidrumer
Thanks!
I did a search and thought the same thing. Anyone in here see any reason why I shouldn''t go after this?

Does anything else stick out that I am missing?

....um...well...is it well cut? Unless I''m missing something (Storm, am I missing something, or why would the age of the cert be your first concern?), and even if you''ve seen it...you well may want to know how well cut it is, in comparison to how well cut it could be. In other words, even if it looks nice, unless you''re able to compare it to other known well cut stones, you''d probably want to check that our further.

Read the turorial above, under Knowledge (and I think maybe 50% of posts on this board have one thing or another to do with cut, right?).

Regards,

 

[Giangi]

The cut is nothing spectacular. It could be a nice and bright stone, but we'd need some more cut-info. The diameters at 6.36x6.46 are in line with an average cut 1ct stone (a well cut stone will be more in the 6.45-6.55mm range).
The price is decent.. I would probably expect a slightly better deal for such a old stone. Gia is said to have gotten less strict from the 80s to now, so you may be getting a G color stone and/or a VS 1... This is one of reasons why you should seek an appraiser's help. And, as strmrdr suggested, I'd have the stone checked to make sure it has not suffered from any damaging or chipping over the years.

 

[smappraisal]

Given the specs of this diamond, I view this as just an ok deal. I''ll offer you the following to think about so that perhaps you''ll have more knowledge with which to make a decision. The GIA ratings for Polish and Symmetry descend this way: Excellent-Very Good-Good-Fair-Poor. As you can see, this stone is right in the middle. The magic of a stone is in the make, first and foremost. How well the stone is cut will determine brilliance and beauty. With a girdle that runs Thin to Thick, a 62% table, and diameter readings that almost border the stone being "out of round" (a .11mm difference would put it in my mind out of round-your at .10mm difference now) all of this adds up to a stone that in my miind should be discounted more heavily. Given these measurements, as a former diamond buyer/retail store owner, we would consider this stone to be a little "thick". Are there any comments on the stone? Also, my personal preference would be to see you with a stone with higher color and less clarity. Personally I think you could spend the good part of $5k more efficiently. Beauty is in the eye of the beholder but unquestionably is obtained first with cutting, then with body color. For that kind of money, I think you can purchase a WELL MADE, F-G/SI2, currently dated, GIA certed diamond. The SI2 will be clean to the "naked" eye and what you''ll see is the beauty of white goods dispersing spectral color all over the place. Hope this helps you out. Steve