NEED HELP - 1.72CT for $21500

[jng204]

Hello everyone,

Was in the market for a Round Cut diamond and found this for $21500 and thought it was a good price. I wanted to run the specs through the "Holloway Cut Advisor" but the angle specs needed are not given in the EGL Certificate. I''ll list the specs below and can you guys give me your opinion on wheather it''s a good price or not. I just got back from looking at it and it looks really nice. Going to buy the Ideal-Scope and have a look before I make my final decisions. I was concerned about the "PURITY" section as it was speced at "IF" under a x10 Loupe Magnification. Is this the proper magnification for checking clarity? Should I have it sent in for a GIA Certification so i''ll aslo have the needed angles?

Thanks in advance.

Weight: 1.72CT
Shape and cut: ROUND BRILLIANT CUT
Measurements: 7.88 x 7.85 x 4.62 MM
Proportions: Excellent
Depth %: 59%
Table Diameter %: 56%
Crown Height: 12%
Pavilion depth: 43%
Girdle thickness: MEDIUM
Finish grade: EXCELLENT
PURITY (Clarity grade): IF (10 x loupe Magnification)
COLOR GRADE: F
Photoluminescence: NONE
Comments: THE DIAMOND ALSO FEATURES THE SPECIAL HEART-ARROW (H&A) PATTERN.

 

[Garry H (Cut Nut)]

you can change the default to accept %''s

they are not as accurate but give you warnings for bad stones never the less

 

[jaz464]

This is just me, but I would not buy an IF or FL diamond that is graded by EGL. EGL tends to be lenient so the diamond could very well be a VVS. Now a VVS is an excellent clarity (much more than most people want/need) but you are paying the high, high premium for an IF diamond, and it may very well not be an IF. I would want to know it is an IF for sure. Get it independently appraised to insure the grades are accurate.

The price is quite good, which makes me a little suspicious, though EGL graded diamonds are usually cheaper than GIA or EGL.

 

[UCLABelle]

I agree, that is a lot of money for an EGL certified diamond....

 

[jng204]

Thank you for the quick responses so far. I felt uneasy also when I saw that the Clarity was checked with a 10 x loupe and that the specs were so limited. What is the normal magnification power used to check clarity? Where do you guys recommend me to send the diamond to get appraised? Can I get any diamond sent to GIA to get certificated so i''ll also have all the specs?

 

[JulieN]

if you want the angles, you just need a Sarin.

 

[mrssalvo]

you can check the ressources section on this site to see if there is a local appraiser near you. If not, you can have it sent to one of the highly recommended one''s that are often mentioned here. You can see if the vendor will do it with the sale contingent on the results or if they will offer a fair return period so you''d have to time to get it to the appraiser and back.

 

[Beacon]

The stone seems good, but that crown height at 12% seems sort of low. If you love that look, ok, but normally one might go for a higher crown. Just my opinion, though.

I am on board with the rest - the EGL is sort of not that reliable, especially when you are talking about and paying for this level of quality.

 

[diamondseeker2006]

WhiteFlash has a 1.70 F VS1 stone listed at $20,405 with a GIA certificate (not in-house, though).

http://www.whiteflash.com/diamonds/diamond_Details.aspx?itemcode=9816456#

I would have doubts about an EGL cert for a stone that expensive.

 

[SKR]

Regarding the EGL cert, the pricescope survey linked to below suggests that EGL is actually stricter than GIA when it comes to clarity but softer when it comes to colour -

http://grading.pricescope.com/color-clarity.aspx

I know the survey covered just 17 diamonds so the results may not be representative, but they also seem to indicate that EGL USA are also stricter when it comes to rating sym and polish.

 

[studiorack]

What I don''t understand is why a jeweler would go with EGL on diamonds as expensive as that. You figure that a GIA or AGS cert would bring in much better money for it. Even if they acquired it with an EGL, wouldn''t it make business sense to have it regraded by GIA/AGS? Are they looking for EGL to score a mediocre or bad stone better?

 

[jaz464]

Date: 10/15/2006 11:30:01 AM
Author: studiorack
Are they looking for EGL to score a mediocre or bad stone better?

Oftentimes this is the reason certain diamonds are not graded by AGS or GIA

 

[:)]

Date: 10/15/2006 10:11:04 AM
Author: SKR
Regarding the EGL cert, the pricescope survey linked to below suggests that EGL is actually stricter than GIA when it comes to clarity but softer when it comes to colour -

http://grading.pricescope.com/color-clarity.aspx

I know the survey covered just 17 diamonds so the results may not be representative, but they also seem to indicate that EGL USA are also stricter when it comes to rating sym and polish.

SKR, we do not know which EGL lab graded this stone. I extrapolated the same thing you did from the tutorials in the beginning, and got an EGL Israel stone - and it was 2 clarities lower AND two colors lower than the EGL report when we got it appraised. It was worth many upon many thousands less than we paid for it. JNG204, please be careful with this - I don''t want you to have to return it!

 

[Giangi]

Crown seems to be very low. A 56% table is typically coupled with a 15-16% crown height. I''d also be very weary of the non-US EGL certificate, especially on an IF stone. You really don''t wanna pay for F/IF and get H/VVS.