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Need some help........Please date of cert issue ! URGENT

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Rough_Rock
Joined
Mar 30, 2004
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Hello I am in the middle of buying a stone in the 1 -1.2 carat range. Not being a diamond expert, I am curious to why some diamonds come with a egl or gia certificate from 2001 or 2002. Does this mean anything. How come the diamonds are still around?, Is there perhaps something wrong with the diamond that I have not detected? If the stone and price were good wouldn''t the stone have sold long ago?

Is it recommended to buy only 2004 certified stones ?

HELP PLEASE, I am buying this stone on Tuesday !!!

thanks
 
Diamonds exchange lots of hands before getting infront of you. I would seriously doubt that the piece spent all this time in just one store's box. And even if it did: a diamodn is a diamond. I wouldn't worry. The same issues remain, no matter how old or new the cert is: does the stone match the cert? and was the stone damaged after certification?

Beyond this... grading systems have not changed. A jeweler or appraiser can help you with the two queations above during the return period.

This is all I know.
 
The grading of diamonds has not changed since before the time period in question. If the diamond has not been used since the report, then it ought to be in the same condition If the diamond has been worn, one must re-check the clarity aspects of the stone before assuming it is okay. Many diamonds, expecially the VVS and IF ones don't sell as quickly as one might wish them to sell. If it is a high quality stone that is a part of the answer. I have seen many I/J VVS stones be slow to sell as well. A little too much color for such a high clarity.

Even if a stone was graded two weeks ago, one who does not know the subject should always question if the diamond being purchased is the one on the paperwork. That is why third parties get involved as experts on behalf of vendors and consumers. The long period of time is not as important as the outright identity of the diamond.
 
Don't worry about the date on the certificate, it is quite recent and like David has stated the standards of grading have not changed since then. Thoroughly examining the polishing/surface characteristics of the diamond would be a wise move just to make sure that there are no nicks in the stone that occured after the certificate was issued. It'll probably be just fine!
 
Like Val said, diamonds change hands many times. Grading issues aren't a concern as pointed out by Dave Atlas and Sean Dunn. My only real concern would be if the diamond was an upgrade/trade-in, or a from a ring that was sold back to a jeweler. The original owner could have handed over the original Cert as well. A jeweler could unmount the diamond and sell it loose with the Cert. If the diamond had been worn in jewelry before, I would want it evaluated for damage and to confirm the Cert matches the stone.
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