I would like to have some input and advise about a ring I am considering purchasing. I am trying to determine if I would be paying a fair price for it. This is from a mall chain store and the reason I am considering the purchase is they are offering a trade on the ring I previously purchased. I want to be sure that the price isn't inflated too much just to cover the price of my trade but I understand that I will be paying a higher price than what I could get with in Internet purchase.
The original ring was purchased in 1987 for $2400. I originally selected a Marquise .70 G SI2 ring that was $3995 along with a ring guard, which was $699. The price for this ring was $2000 for the Marquise and $350 for the ring guard giving me a 50% discount or the equivalent of $2350 for my trade. My trade was a .50 Marquise with another .50 of smaller channel set diamonds.
Now I am looking at a Marquise .86 color D SI2 and I have the certificate (from ABI Gemological Laboratory - is this a good one?)
Weight 0.860 Ct
Width 4.73 Length 8.89 L/W 1.88
Crown Angle 35.9
Crown Height 16.5%
Pavil Angle 44.5
Pavil Depth 47.5
Table Size 55.6%
Total Depth 72.8%
Clarity S12
Color D
Fluorescence None
This diamond is priced at $6300 (vs. 3995 for the .70 caret) but they are still giving 50% off it, which either makes the price difference $1250 or increases the total for my trade-in to $3600. In any case the bottom line I am paying for this ring is $350 for the ring guard plus $3250 for the solitaire plus the trade of my ring that I originally paid $2400 for.
My questions are:
1. Is this diamond a good value and am I paying a fair price for it? It seemed to me to be quite a jump in price from $3995 to $6300 but I don't totally understand how much the price changes for going from H color to D color and slightly larger .70 to .86.
2. Should I have them get in a couple more stones to look at? Maybe some that are a little better clarity?
3. Would I be better off going to a non-mall type jeweler and keeping my old ring?
When I look at some of the prices on-line I feel like I should be able to get this ring for close to the same price I am paying WITHOUT trading in my old ring but I am not that sure as to what I am actually looking at (i.e. whether I am actually comparing apples to apples). I don't mind paying extra to be able to actually see the diamond before purchasing and having a jeweler to go back to if I have problems but I don't want to get ripped off either. (This jeweler was been pretty good to me .... I just took in a 3 ct diamond tennis bracelet that I bought a couple of years ago that has broken twice since I had a link put back in and they fixed it plus they are ordering me in a brand new one.)
Thanks so much for your help and advise.
Debi
The original ring was purchased in 1987 for $2400. I originally selected a Marquise .70 G SI2 ring that was $3995 along with a ring guard, which was $699. The price for this ring was $2000 for the Marquise and $350 for the ring guard giving me a 50% discount or the equivalent of $2350 for my trade. My trade was a .50 Marquise with another .50 of smaller channel set diamonds.
Now I am looking at a Marquise .86 color D SI2 and I have the certificate (from ABI Gemological Laboratory - is this a good one?)
Weight 0.860 Ct
Width 4.73 Length 8.89 L/W 1.88
Crown Angle 35.9
Crown Height 16.5%
Pavil Angle 44.5
Pavil Depth 47.5
Table Size 55.6%
Total Depth 72.8%
Clarity S12
Color D
Fluorescence None
This diamond is priced at $6300 (vs. 3995 for the .70 caret) but they are still giving 50% off it, which either makes the price difference $1250 or increases the total for my trade-in to $3600. In any case the bottom line I am paying for this ring is $350 for the ring guard plus $3250 for the solitaire plus the trade of my ring that I originally paid $2400 for.
My questions are:
1. Is this diamond a good value and am I paying a fair price for it? It seemed to me to be quite a jump in price from $3995 to $6300 but I don't totally understand how much the price changes for going from H color to D color and slightly larger .70 to .86.
2. Should I have them get in a couple more stones to look at? Maybe some that are a little better clarity?
3. Would I be better off going to a non-mall type jeweler and keeping my old ring?
When I look at some of the prices on-line I feel like I should be able to get this ring for close to the same price I am paying WITHOUT trading in my old ring but I am not that sure as to what I am actually looking at (i.e. whether I am actually comparing apples to apples). I don't mind paying extra to be able to actually see the diamond before purchasing and having a jeweler to go back to if I have problems but I don't want to get ripped off either. (This jeweler was been pretty good to me .... I just took in a 3 ct diamond tennis bracelet that I bought a couple of years ago that has broken twice since I had a link put back in and they fixed it plus they are ordering me in a brand new one.)
Thanks so much for your help and advise.
Debi