Is this price low or too good to be true?

[Lschneids01]

I was shopping on ID jewelry’s lab grown diamonds and found this report for a diamond I like. Can someone help me because it seems very low in price or there is something I am missing because I admit I’m still educating myself on this sight.

 

[ItsMainelyYou]

Hi! Ask to have this moved over to the lab diamond thread, you can do that by clicking the 'report concern' at the bottom of your post and asking to have this done, admin will help you do that.
See you over there

 

[tyty333]

"Is this price low or too good to be true?"​

Where is the price? I can't find it. I can tell you that this is not a well-cut stone and on top of that its an SI2. IMO, an SI2
in the lab-created world is probably not a good option.

Anyway...ditto @ItsMainelyYou . This thread needs to be moved to here:

Lab-Grown Diamonds/Man-Made Diamonds (MMD)

Learn about and discuss everything on lab-grown diamonds here! No simulants (CZ, Moissanite, YAG, etc), please.

www.pricescope.com

 

[Lschneids01]

I was shopping on ID jewelry’s lab grown diamonds and found this report for a diamond for $438. Can someone help me because it seems very low in price or there is something I am missing because I admit I’m still educating myself on this sight.

I was shopping on ID jewelry’s lab grown diamonds and found this report for a diamond I like. Can someone help me because it seems very low in price or there is something I am missing because I admit I’m still educating myself on this sight.

 

[Kim N]

I agree with tyty333. This isn't a well-cut stone.

I would recommend something like this instead.

1.52 Carat H VS1 Round Brilliant Lab Grown Diamond IGI Certified 567374827 Affinity Cut - D54105896

1.52 carat, Round, H Color, VS1 clarity, IGI Certified Diamond, Affinity Cut Lab Grown Diamond, D54105896

www.adiamor.com

 

[DejaWiz]

It's not well cut and proportioned, it's got some CVD graining going on, and it has a bit of body color for being H color, in my opinion.

Loupe360

loupe360.com

Listed for $740 at Brilliance and $600 at LooseGrownDiamond.

 

[momofive]

Hi! Ask to have this moved over to the lab diamond thread, you can do that by clicking the 'report concern' at the bottom of your post and asking to have this done, admin will help you do that.
See you over there

This is the lab grown thread. Like me, you probably are bouncing around! LOL

 

[DejaWiz]

This is the lab grown thread. Like me, you probably are bouncing around! LOL

It was in RT, but has now been moved to LGD

 

[Garry H (Cut Nut)]

The margins on grown diamonds have been crazy high and as supply rises so too do prices fall.
Martin Rapaport, an industry economist predicts an eventual ceiling of around $100 a carat for all sizes.

 

[glitterata]

The margins on grown diamonds have been crazy high and as supply rises so too do prices fall.
Martin Rapaport, an industry economist predicts an eventual ceiling of around $100 a carat for all sizes.

Any idea how fast the prices will fall and when they'll reach their bottom, Garry? I want a fun honker, but prices are still too high for me.

 

[Garry H (Cut Nut)]

Any idea how fast the prices will fall and when they'll reach their bottom, Garry? I want a fun honker, but prices are still too high for me.

I added the future extension lines to this chart a month or so ago.
Larger (+3ct to 10ct) diamonds should eventually bottom out at lower price per carat than say 1ct. But that will take longer.
Currently lab diamonds supply is growing at around 25% a year while in the past 2 months available diamonds have dropped by 10%.

 

[diamondhoarder]

I added the future extension lines to this chart a month or so ago.
Larger (+3ct to 10ct) diamonds should eventually bottom out at lower price per carat than say 1ct. But that will take longer.
Currently lab diamonds supply is growing at around 25% a year while in the past 2 months available diamonds have dropped by 10%.

Gary I have been watching what you have been saying about the prices of LGD and how EGD will be affected with interest. I am thinking of finally buying an LGD for a dress ring and have found a 2.17ct stone around the $1000 dollar mark which ticks all the boxes. Based on your chart am I interpreting this correctly that you see the price being around $500 per carat by mid next year? If so the stone I have seen may be a decent buy.

 

[Garry H (Cut Nut)]

Gary I have been watching what you have been saying about the prices of LGD and how EGD will be affected with interest. I am thinking of finally buying an LGD for a dress ring and have found a 2.17ct stone around the $1000 dollar mark which ticks all the boxes. Based on your chart am I interpreting this correctly that you see the price being around $500 per carat by mid next year? If so the stone I have seen may be a decent buy.

Yes, at that price the retailer is still making a healthy margin. As long as they were not holding the stone for many months.
Manufactured diamonds will cripple many Mum and Pop stores that dived into that market.
Those that are savvy and maintained their natural clients and businesses rather than "Why buy this diamond for $5k (and I only make $2k profit) when I can sell you this 2ct stone (and make $4k profit)."
There will be a lot of very unhappy clients who had a belief that a diamond is a diamond and is a bit like gold as having some intrinsic value.