"Nobody wants OECs anymore"

[anne_h]

Haaa!!!

So this was the response I got from one of the local antique jewelry stores when I called to inquire about loose stones of a certain size.

Also, all the other local stores I called said "we don't have those" and "you'll never find that".

Meanwhile - I decided *not* to do any explaining about the markets for these stones in major centers - such as NYC and LA.

One guy told me no one wants OECs anymore, so they had all been recut. He said it would be more profitable to recut an OEC and lose 60 points making it a round brilliant than trying to sell it as is.

And you are an expert about... what again? lol

Nice!

Anne

PS - Was calling just to look, would not buy locally!

 

[Ara Ann]

I think antique cut diamonds are seen as foreign objects to most jewelers these days. My friend had taken her great grandmother's OMC into her local shop to have it reset and the jeweler told her it was a rose cut diamond. "I" am only "PS" educated on antique cuts and I knew it wasn't a rose cut, but an OMC! And another jeweler she took it to thought it was cracked, until he louped it and then realized it was an antique cut. I guess they just don't see them often enough to get familiar with them...I feel sorry for them!

 

[texaskj]

Those guys are morons. Complete, utter morons. I love antique stones.

 

[stci]

Those guys are morons. Complete, utter morons. I love antique stones.

... and more! They simply don't know the population taste and are not jewelers at all! Grrrrr.... Hope those stupid persons don't discourage you to find your Old Cut diamond!

 

[GraceAva]

i took my engagement ring (victorian diamond)into my local jeweler here in the UK and he told me the fact that it was old devalued it!!! as far as i'm aware this is not true, or is it?????????

 

[yennyfire]

That's nuts! I love old cuts!

 

[Ara Ann]

i took my engagement ring (victorian diamond)into my local jeweler here in the UK and he told me the fact that it was old devalued it!!! as far as i'm aware this is not true, or is it?????????

Well, from 'his' standpoint as a retailer, then probably yes, it would be less valuable (make him less money) because there is not as much demand for antique diamonds. And as most antique diamonds are sold as 'second hand' (pun intended) they are typically not priced the same as a 'new' diamond would be.

But LOL, I'd love to show him some big whopper, gorgeous antique cuts, priced in the $20K range! That would blow his mind!

 

[Ninama]

Must be a pain to keep those old stones around. Since they're unwanted, I'd be willing to relieve Lang's of this burdensome 7.92 ct OEC...

Would a $126,500.00 price tag be sufficiently mind-blowing?

 

[Ara Ann]

Must be a pain to keep those old stones around. Since they're unwanted, I'd be willing to relieve Lang's of this burdensome 7.92 ct OEC...

Would a $126,500.00 price tag be sufficiently mind-blowing?

Well, I don't know about him, but it blew my mind! Thanks for sharing that pic, I may not even need coffee now, my heart is beating faster after seeing this!

 

[Ninama]

Well, I don't know about him, but it blew my mind! Thanks for sharing that pic, I may not even need coffee now, my heart is beating faster after seeing this!

Try coffee and looking at the pic at the same time

Gaaawd.... I am in love!

 

[briolette]

*rightclick*save*
Seriously I could look at the ring all day long.
Wow, that's silly that someone would think that NOONE wants OEC's anymore. Such a silly generalization especially since there are even new stones cut to emulate old stones now.

 

[Selkie]

Well, good! If that's the general attitude it means that they'll stay "underpriced," right? All the more for those of us with a clue.

 

[rosetta]

I don't like RBs over 3 cts but for OECs I make an exception. That stone is incredible!

 

[tttt]

since i've learned about the old cuts, i am in love with them. anyone who doesn't want, just throw them in my general direction!

 

[tttt]

and i meant throwing the diamonds, not the people!

 

[yssie]

if only all those people selling jewellery on ebay still subscribed to this way of thinking, OECs wouldn't be matching modern RBs almost dollar for dollar or more like they have been for the past several months...

 

[Amys Bling]

if only all those people selling jewellery on ebay still subscribed to this way of thinking, OECs wouldn't be matching modern RBs almost dollar for dollar or more like they have been for the past several months...

I wonder if it is pricescopers driving up those OEC prices...

 

[Amys Bling]

i took my engagement ring (victorian diamond)into my local jeweler here in the UK and he told me the fact that it was old devalued it!!! as far as i'm aware this is not true, or is it?????????

Well, most local jewelers probably don't carry old cut stones because they are not as popular IRL as the round, princess, emerald, etc. So to him- then yes it's less valuable because people coming into his store don't look for those stones... but to many, many others those stones are more valuable!