Prices of antique cuts

[Porridge]

I recently saw an OEC for the first time IRL and fell in LOOOVE

. But they seem to be much cheaper than regular old RB''s. Is that because they are less popular? There''s a 2.2ct L SI2 OEC on the Erica Grace website (can''t get enough of that place!) for $9,200. Is that the kind of pricing one can expect on these older cuts? What a bonus!

Now off to do a search on SMTR and drool the day away

 

[diagem]

Date: 1/14/2009 4:37:54 PM
Author:Porridge
I recently saw an OEC for the first time IRL and fell in LOOOVE

. But they seem to be much cheaper than regular old RB''s. Is that because they are less popular? There''s a 2.2ct L SI2 OEC on the Erica Grace website (can''t get enough of that place!) for $9,200. Is that the kind of pricing one can expect on these older cuts? What a bonus!

Now off to do a search on SMTR and drool the day away

Any lab report?

 

[strmrdr]

EGL report most likely.

The pricing is inline with RB pricing.
There is a 2.2 L si1 GIA for a hair over 10k on PS search that would put a EGL si2 in that ballpark.

 

[Rockdiamond]

Hi All
OEC''s or Old Mine Cut diamonds generally bring lower prices than well cut modern round brilliant diamonds.
Personally I love the stuff Erica Grace shows....

Given the price, the lack of a GIA report is far less of an issue than say a $15,000 ( or higher) 2 carat diamond.

 

[ericad]

Just one point of clarification - the 2.20 OEC is priced as a finished ring (includes fully restored vintage platinum and diamond setting) - diamond is uncerted but was graded against other EGL certed stones. Lack of certification is not uncommon in old cuts, though we are now EGL certing most of our loose stones as we acquire them

 

[strmrdr]

Date: 1/14/2009 5:52:40 PM
Author: ericad
Just one point of clarification - the 2.20 OEC is priced as a finished ring (includes fully restored vintage platinum and diamond setting) - diamond is uncerted but was graded against other EGL certed stones. Lack of certification is not uncommon in old cuts, though we are now EGL certing most of our loose stones as we acquire them

If the grading is close sounds like nice deal to me.

 

[MMT]

I agree I love all of Ericagrace''s diamonds. I think the price might also be lower due to the L color. I love the lower colors and would love to jump on one of her rings if I hadn''t just upgraded.

 

[Rockdiamond]

Hi Erica- I love your stuff too!
The price sounds very attractive.

A question...why go with EGL reports?

 

[Porridge]

I read here that quite a few old cut diamonds are not certed, and that it''s especially difficult to grade cut? Most people around here say judge them with your eyes. Erica, that ring is really beautiful. You have a store in LA right? I love your stuff!

 

[ericad]

Date: 1/14/2009 6:00:17 PM
Author: Rockdiamond
Hi Erica- I love your stuff too!

The price sounds very attractive.


A question...why go with EGL reports?

Awwww, shucks...

I assume you mean why EGL versus GIA? I'll be totally honest - there are 2 reasons: 1) we sent test stones to both labs and found that EGL was more consistent with grading lower colored stones, which is what we primarily sell. Cut descriptions were also more accurate for the old cuts; 2) most old cut vendors use EGL. There's no benefit to us to go with GIA, as it makes apples to apples comparisons more difficult for our clients.

 

[ericad]

Date: 1/14/2009 6:01:22 PM
Author: Porridge
I read here that quite a few old cut diamonds are not certed, and that it''s especially difficult to grade cut? Most people around here say judge them with your eyes. Erica, that ring is really beautiful. You have a store in LA right? I love your stuff!

Thanks! Grace is in LA and I''m in Seattle. We don''t have a store but do meet regularly with clients in both locations.