Need 2nd opnion on some stones

[Malanko]

Hello everyone!
I am looking to buy this jewelry piece for my wife (see attached picture). The price is 20000 $ and I think I can get it a couple thousands lower, but I am not sure if it's worth the price.
Its 18 karat gold, with a 1.01 radiant cut diamond G VS1, 2 argyle pink dimonds, 2 natural blue diamonds. Tcw of the pink and blue diamonds and the rest of the small diamonds is 0.7 total lentgh of the piece is 5 cm.
The 1.01 radiant cut diamond comes with a GIA certificate.
I would really like some 2nd opinion on the price, thanks!

 

[Christina...]

It's beautiful!! Lucky wife! Unfortunately we won't be able to help you much as far as a fair price of the piece. If it were me, I would make the sale contingent on an independent appraisal. A local appraiser will be a much better position to determine fair market value. Could you possibly hire an appraiser to view the piece with you?

 

[Malanko]

Thank you for your reply,
It's Unfortunately to diffecult to get a qualified appraiser to look at it on the short time frame I have, so i hoped I could get som help from here. My wife has fallen in love with it and I promised I would buy it for here if it isn't ovepriced, so I don't need and exact price estimate, but I just like to know that I pay a big overprice for it.

 

[Christina...]

Hopefully someone with more knowledge or insight than me will chime in. I know that fancy colored diamonds are quite pricey. Here is a website that might offer you some guidance in terms of the colored stones.


http://www.fancydiamonds.net/

My gut instinct is that it is probably a reasonable price, but again I'm not an expert, nor have I made any similar purchases. There are some posters that have lots of experience with colored diamonds, so hopefully they will see your thread and chime in. You could also post a thread in the the colored stones section, I think that you may get more guidance there.

 

[Christina...]

You also mentioned that the radiant came with a GIA lab report. Do they have a report for the colored stones? That would concern me a bit. I would want proof that they were natural colored diamonds.

 

[Malanko]

There are unfortunately no certificates on the collored diamonds, it would have made it very easy for me to evaluate the price. But they are 100% genuine natural collored stones, the seller is very trustworthy and has a good reputation.

 

[MissGotRocks]

If the vendor is totally trustworthy, he or she should have a return policy. This would allow you time to have the piece independently appraised to make sure that it is what he states that it is. I would never invest that kind of money in a piece of jewlery that I couldn't have assessed by a professional with the ability to return it if it is not as stated. I would also insist on having this policy in writing. It is a beautiful piece of jewelry but there is no way an average layman could know for sure about the quality or value of those stones. At 18k - 20k, you have a generous budget and there are many pieces of gorgeous jewelry to be had for that sum. Without the benefit of a professional, independent appraisal, I'd have to pass on this one. Too much money, too much risk.