Please - need advice on EGL round diamond

[lovegems]

Hello,
I am new to posting on pricescope so please be gentle!

I have been learning a lot from reading these forums and greatly appreciate all the advice out there. I would like advice on a diamond being sold by a private seller. The certification is from EGL-Israel in 2003 and the following is on the certificate:

1.61 ct
Round Brilliant
7.74 x 7.62 x 4.56
Total depth: 59.4%
Table width: 55%
Crown height: 14%
Pavilion depth: 42%
VS2 clarity
girdle: thin, faceted
Polish/symm: Ex/Ex
Slight graining
moderate blue fluorescence
comments: excellent ideal cut

From what I''ve been reading, I know that I should take the EGL grading with a large grain of salt so I plan on taking it to an independent appraiser before buying. My question is if the diamond is worth the trouble to make the trip to look at, based on the above numbers?

I plugged in the above numbers into HCA and it came out with a 2, good light return, excellent fire, scintillation, and spread.

Thanks so much for your input!

 

[JulieN]

As the numbers are, it's MUCH too shallow.

The pavilion depth+ crown height=56. Plus the girdle. It's pretty far away fromm 59.4, so I'm guessing that the pav depth and crown height were rounded down. Putting in the deepest combination possible to get the numbers on the report, 14.4 pav depth and 42.4 crown height, it's still very shallow, so I'm going to say pass.

 

[RockDoc]

This stone could be very nice, but then again it may not be.

EGL Israel has a reputation for being soft on its gradings, and the report is from 2003. So knowing the current condition, and verifiying that the grading from AGS would be equal to that of EGL is important to know.As for the numbers you have, you need to know that they are accurate too.

In that you really need to find out the accurate facts, I think sending the stone to AGS makes a lot of sense.

You''d have to find someone in the trade to send it in for you. But a serious consideration in deciding to do this rests with, and is dependent with the price the seller wants as compared to other items offered for sale, providing the cut grading/light return grading from AGS would be acceptable.


It is tough for private sellers to sell their stone back to jewelers. They get offered very little in comparison for what is charged for a new stone. But if the stone grades well currently, and you can get at an advantageous price, it COULD be what you want.

Rockdoc

 

[Giangi]

Hi Lovegems, welcome aboard.

I kinda disagree. I don''t think it is very shallow. 53-56% total depth is very shallow. I would rather consider it a spready stone, which, to an extent, could be very good thing.
As RockDoc said, it may be very pretty and it might be worth additional investigating. We''ve had posts stating terrible experiences with EGL Israel and others saying they were dead on. The pscope survey showed how at times EGL stones can be great buys even if they are one grade off.

May I ask what''s the demanded price on this one?

 

[Lorelei]

Welcome to PS

Personally I don''t think this diamond is too shallow, a tad on the shallow side maybe, but that wouldn''t rule it out for me, more a spready stone as Giangi says. It is out of round with the diameter measurements though, a great cut would have tighter measurements than that.
I think it might be worth looking at possibly, I don''t know how to translate the crown and pav percents to angles, but if the price is right, you get an expert to run an eye over it and you like it - why not?

 

[fire&ice]

First, coming from a private seller, I would always seek the opinion of an independant appraiser that the two of you agree to.

Second, you have left out the most important pieces. PRICE & COLOR.

The cut is promising. More than likely it''s not going to bark. But, if the price isn''t in line with the secondary market to the specs, it shouldn''t be pursued.

 

[lovegems]

Thank you all for your great advice. The color on the cert is F and the clarity VS2. The price asking is 10k. I think I will take a look at it and if it looks good, take it to an appraiser.

 

[fire&ice]

GIA graded stones F VS2 in and around this carat weight are selling for about 13-14k. One EGL stone is listed 56T 62D ex ex 1.59 for approx 10.2K.

I don''t know what a great deal this is considering EGL Israel is softer on grading. How much flexiblity does the seller have? Also, the moderate blue in the F color range will discount the stone as well.

 

[Giangi]

It''s not a bad price for a 1.6x F/VS2, supposing it''s graded accurately. Is 10K the definitve asking price, or can you work that down a little? $8-9K would be a better deal, even considering a little overgrading.
I think you should first eyeball it, and if you like it, it may be worth an independent appraisal.

 

[lovegems]

Can I ask where you found that listing? Thanks a bunch for the advice!

 

[fire&ice]

Do a search at the top "Pricescope your diamond" put in F VS2 specs in the sizes 1.58 - 1.63 carat weight. You will see several diamonds that are available and at what price.

 

[JulieN]

EGL Israel? I'd probably take it down one color, two clarity grades when price searching.

 

[Lorelei]

Lovegems, if this diamond speaks to you, definitely spend out the 100 plus dollars on a good appraisal before parting with any cash. It might check out, it might not, but get an expert eye to advise you before you pull the trigger, that is a lot of bucks and for your own protection, get that appraisal.