Hi everyone,
I'm a longtime lurker of this site and after six months of research, hope you can help me with purchasing a sapphire. I've been meaning to upgrade my diamond engagement ring to a three stone sapphire ring with diamond sides. A local jeweller here in Canada was able to source for me a pretty 4.5 carat cushion cut, but since sapphires are hard to come by here, I haven't been able to determine whether this is a good stone sold at a fair price. It's slightly larger than what I had originally considered which is a medium blue squarish sapphire gem. I was offered about $4,600 for my one carat round diamond, which seems reasonable to me.
The only certification it comes with appears to be from an appraiser in Toronto.
Here is what I can remember from that document:
Colour is a violetish blue, medium saturation with slightly grey tones and strong colour zoni
Type II (unsure what this refers to)
NATURAL (nothing indicating its up heated or heated, though looking at it through a loupe I saw some color banding. Still this has to be heat treated. I'm sure of it at this price.)
Cut: good
Nothing about clarity or inclusions
It's quite pretty in person and on the medium to dark side. This is being offered to me for $5400. The document states it's appraised at $23,000, which seems ridiculous. The stone is from Australia and I was able to also see that this cost $3400 to the jeweller. So now I'm asking myself how much of a markup is fair in the jewelry business ?
Sorry for the bad photo but all I had was an iPhone with me!
Thank you for any insight you can provide. I don't want to trade in a valuable diamond for a sapphire that winds up being a dud!
Valerie

I'm a longtime lurker of this site and after six months of research, hope you can help me with purchasing a sapphire. I've been meaning to upgrade my diamond engagement ring to a three stone sapphire ring with diamond sides. A local jeweller here in Canada was able to source for me a pretty 4.5 carat cushion cut, but since sapphires are hard to come by here, I haven't been able to determine whether this is a good stone sold at a fair price. It's slightly larger than what I had originally considered which is a medium blue squarish sapphire gem. I was offered about $4,600 for my one carat round diamond, which seems reasonable to me.
The only certification it comes with appears to be from an appraiser in Toronto.
Here is what I can remember from that document:
Colour is a violetish blue, medium saturation with slightly grey tones and strong colour zoni
Type II (unsure what this refers to)
NATURAL (nothing indicating its up heated or heated, though looking at it through a loupe I saw some color banding. Still this has to be heat treated. I'm sure of it at this price.)
Cut: good
Nothing about clarity or inclusions
It's quite pretty in person and on the medium to dark side. This is being offered to me for $5400. The document states it's appraised at $23,000, which seems ridiculous. The stone is from Australia and I was able to also see that this cost $3400 to the jeweller. So now I'm asking myself how much of a markup is fair in the jewelry business ?
Sorry for the bad photo but all I had was an iPhone with me!
Thank you for any insight you can provide. I don't want to trade in a valuable diamond for a sapphire that winds up being a dud!
Valerie
