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Is this a good price on a diamond?

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zilog24

Rough_Rock
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Sorry to post such an obvious question for my first post, but I've been lurking here for a few weeks, and just came across a stone I think I'd like to get. I'm buying an engagement ring on a semi-tight budget, so you may see me asking a few more questions soon.

I found a .78ct round, VG cut, D color, VVS1 for $2624. It's GIA certified. I'm hoping to make it the center stone of a ~1.5 ct 3-stone ring. I don't want to say where it is, because I'm afraid somebody else may get it, but it's a reputable place that I've heard spoken of well here and elsewhere.

From everything I can tell, this is an excellent price. Am I correct?
 
Also, I forgot to mention - the setting I''m seriously considering comes with 2 stones, both G color. I''ve never seen a D next to a G - would there be a noticable color difference (in a bad way)?
 
Is this a round stone? It actually sounds way too good...so good that I''m suspicious. For that price you could get an ideal cut
0.7 G SI1 or a 0.7 I VS2, or maybe a 0.81 H SI1 from PS vendors...similar carat weights, but lower color and clarity.

Which lab did the grading? Do you have depth, table, crown angle, and pavilion angle data? Pictures? If it''s a PS vendor, I''m sure they could provide an IS and ASET image. All of those elements would be helpful to help us judge whether the stone will be pretty or a dud. Please post them if you can, because I''m really curious as to why this stone is so inexpensive.

I''d actually say "very good" cut isn''t necessarily a great thing, because even the GIA "excellent" cut range is pretty wide and includes some not so well-cut stones. Any particular reason you chose a D/VVS1? You could go way down in both color and clarity to get a better cut stone (but not necessarily bigger; the ideal cuts I see online are actually more expensive for the carat weight).

To answer your question, you shouldn''t notice the difference between a D and a G face up.
 
Yes, it''s a round stone. GIA did the grading.

Measurement : 7.97x4.01x2.45
Depth: 61.1
Table: 72
Culet: None
Girdle: M

I went with a D/VVS1 simply because of the price of this particular stone. I was looking more in the .7 G VS1 ideal or excellent range, but found this one for about the same price. I got a little more diamond for the money, and it''s supposedly much higher quality.
 
Date: 8/5/2008 12:45:48 AM
Author: zilog24
Yes, it's a round stone. GIA did the grading.

Measurement : 7.97x4.01x2.45
Depth: 61.1
Table: 72
Culet: None
Girdle: M

I went with a D/VVS1 simply because of the price of this particular stone. I was looking more in the .7 G VS1 ideal or excellent range, but found this one for about the same price. I got a little more diamond for the money, and it's supposedly much higher quality.
Can you recheck the table measurement please and the diameter, doesn't look right for a round stone and the diameter is off the charts and not even round...Are you sure it is a round diamond and not some other shape?

Plus we need the

crown angle
pavilion angle
Idealscope image preferably if available.
 
Date: 8/5/2008 12:45:48 AM
Author: zilog24
Yes, it''s a round stone. GIA did the grading.


Measurement : 7.97x4.01x2.45

Depth: 61.1

Table: 72

Culet: None

Girdle: M


I went with a D/VVS1 simply because of the price of this particular stone. I was looking more in the .7 G VS1 ideal or excellent range, but found this one for about the same price. I got a little more diamond for the money, and it''s supposedly much higher quality.

Hi there! I just wanted to chime in real quick and say that while you technically right in saying that "VVS1 is much higher quality than VS1" that is not what determines the performance of a diamond. The reason you were able to move up to a higher clarity is because the cut is inferior on this diamond. It is only a VG cut, which means that it will not sparkle as much and there won''t be as much overall light return from it. It may still be very pretty, but please don''t confuse clarity with performance. The performance comes from the cut alone, and nothing else. I would look at the stones that jstarfireb mentioned, as they will be ideal cut stones in your price range, and will look much better than the one you have selected. Good luck, and keep bringing us diamonds to look at!
 
Date: 8/5/2008 9:12:05 AM
Author: dockman3





Date: 8/5/2008 12:45:48 AM
Author: zilog24
Yes, it's a round stone. GIA did the grading.


Measurement : 7.97x4.01x2.45

Depth: 61.1

Table: 72

Culet: None

Girdle: M


I went with a D/VVS1 simply because of the price of this particular stone. I was looking more in the .7 G VS1 ideal or excellent range, but found this one for about the same price. I got a little more diamond for the money, and it's supposedly much higher quality.

Hi there! I just wanted to chime in real quick and say that while you technically right in saying that 'VVS1 is much higher quality than VS1' that is not what determines the performance of a diamond. The reason you were able to move up to a higher clarity is because the cut is inferior on this diamond. It is only a VG cut, which means that it will not sparkle as much and there won't be as much overall light return from it. It may still be very pretty, but please don't confuse clarity with performance. The performance comes from the cut alone, and nothing else. I would look at the stones that jstarfireb mentioned, as they will be ideal cut stones in your price range, and will look much better than the one you have selected. Good luck, and keep bringing us diamonds to look at!
DM, if the numbers he gave are for a round stone, the cut is terrible!
40.gif
I have a feeling this isn't actually a round diamond or the figures given are wrong...
 
Sounds like a steal to me, even if it had Strong blue or cut measurement issues. Of course the entire project price could be where the margins are being hidden but you could always get the diamond and shop the mounting costs.

Marty
CEO/Pres
www.diamondsatcost.com
www.dbsdiamonds.com
 
Well, I went and pulled the GIA report for it. Turns out it's rectangular:

Rectangular Step Cut
Measurements: 7.97 x 4.01 x 2.45 mm
Carat Weight: 0.78
Color Grade: D
Clarity Grade: VVS1
Proportions:
Depth: 61.1 %
Table: 72 %
Girdle: Medium
Culet: None
Finish:
Polish: Very Good
Symmetry: Very Good
Fluorescence: None
Clarity Characteristics: Pinpoint

I guess I should contact the store and let them know about their incorrect listing.

Just out of curiosity, how's the price on this as a rectangular instead of a round? I see that "rectangular step" isn't listed in the PS diamond search - what would this be called?
 
I called and talked to the owner of the store, and he confirmed that it was a mistake. It''s a rectangular ston, not round. For those who were wondering, the store is Engagement Rings Direct. Thanks for your help.
 
Date: 8/5/2008 3:20:29 PM
Author: zilog24
I called and talked to the owner of the store, and he confirmed that it was a mistake. It''s a rectangular ston, not round. For those who were wondering, the store is Engagement Rings Direct. Thanks for your help.
Glad that was sorted out, I was sure it had to be a mistake with those proportions!!
23.gif
 
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