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Pricing on a .75c Mine Cut Diamond

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lbs012

Rough_Rock
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May 30, 2008
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Hi folks - first time poster here.


I'm in the process of looking for engagement rings for my girlfriend of 4 years.

Throughout my search, I was told that in my late-grandmothers estate there was an older mine-cut diamond in a 14ct gold band setting.

The diamond and band aren't really what I'm looking for, but I am trying to find out what I can expect to get (realistically) and where would be my best bet to hunt for a potential buyer.

here's the specs -

It was appraised by a local jewelery store for $3000 - but to me that seems awefully high. I will try to add some pictures here later.

Thanks for any info - I'm real new to the whole diamond thing, so I'm sort of at a loss as to where to go.

Weight - .75c
Color - H
Clarity - SI1
Cut - Mine

If you think you could give a good estimate with a picture, PM me for a link, I can't seem to attach an image to the post.
 
Those specs are very nice for an antique cut stone! Are you sure that your GF wouldn''t like the stone if it was perhaps re set into a different setting? There''s a thread in SMTR forum called "Antiques" or something like that. You can see what a lot of our old antique cuts look like and some have had their old stones re set, like Facet Fire, into modern settings with stunning results. It would be a shame to sell such a lovely family heirloom....Perhaps you could present it to your GF with the proposal, and let her decide if she''d like to wear the ring as is, have it re set, or get an altogether different ering/stone. Just a thought. It might also be nice to keep this family ring and have the stone re set into a necklace or something like that. Or keep it for a future child? Or give it to a sibling or cousin to use if they love it? It always saddens me to think of family belongings getting sold off...but then again, I wouldn''t have my ering if some family didn''t sell off my ring so I could then find it and fall in love with it so...if you''re really set on not wanting it, get an independant appraiser who specializes in antiques to give you a real market value selling price and shop it around to antique dealers like Ari at Single Stone.
 
lb, this link tells how to post an image, hopefully it will help.

https://www.pricescope.com/forum/faq1/how-to-upload-reduce-pictures-for-posting-t41381.html


I can't help you on the price, but if money is not an absolute necessity, I would keep it. Old stones are rare, and have a certain charm about them that round brilliants don't have. I'll give you the links to the threads SG was referring to, just to give you an idea of what you could do with it. These are both on antique cuts.

https://www.pricescope.com/community/threads/show-me-your-antique-cuts.32348/

https://www.pricescope.com/community/threads/show-me-your-antique-cuts-part-2.65973/
 
Here''s a picture.

Thanks for all the replies so far!

20080320 205311_DSC0009.jpg
 
Ohh keep the stone unless she has absolutely said she doesn''t want it, it looks so pretty. Just reset it would be my vote!
 
I was told that it would be very hard to reset this stone in anything other than a 6-prong setting, which she has said she doesn''t like. My GF likes very thin banded ERings that really focus on the center stone.


Trust me, if I could find a setting that she liked that I could put this stone in - I would in a heartbeat.

We''re still waiting on the ring to arrive from up north, and maybe when she sees it she''ll fall in love with it.

Who knows.
 
Well...I hate to say this but if the stone is in such poor shape that it can''t really be reset, it will be MUCH harder to find a buyer. You could always get the edges repolished then it probably would be stronger and able to be reset. Otherwise I think the heirloom is worth more than the thousand or so dollars you might get for it.
 
Here''s another picture...

resize1q34890798273465.jpg
 
I think you should try to reset it if you like the look of the stone. You aren''t going to get much for it if you sell it, no where near $3,000. It might be harder to find a setting if the edges aren''t even like in many older cuts.
 
Save the stone for future use, not for today's ering. There is so much history and sentimentality in a grandmother's ring. You may not appreciate it now at your age but you may later in life or your kids might. I wish I had an item from my great grandparents. I wouldn't care what it was.

Based on today's styles (I have recently bought an OEC in an antique setting so I have looked around at many) yours isn't one of the more popular styles. Yellow gold isn't as popular today and a lot of people like more detail on the setting. I can't comment of the quality of your stone.

I don't think you'll get anywhere near $3K for it.
 
Aww, it's pretty. Like a flower.

What about a halo? Those have thin shanks, and focus the attention on the center stone.

But I understand that if maybe it doesn't have very good light performance, you might want a different stone.
 
Oh, yes, Leon. Good idea Julie!

Here''s another old mine cut on Leon''s website. The center is about 1/2 carat.
 
Date: 6/1/2008 2:06:07 PM
Author: lbs012
I was told that it would be very hard to reset this stone in anything other than a 6-prong setting, which she has said she doesn''t like. My GF likes very thin banded ERings that really focus on the center stone.
Click to expand...
Why is that, did they say?
 
Okay, after seeing the setting I can understand why you wouldn''t want the setting. It''s quite old fashioned and doesn''t really set off that stone to its best advantage. That said, there is no reason why you could not re set that stone, unless there is some major chip or breakage on the stone in a place that is being hidden by prongs? Being unable to re set the stone doesn''t make sense to me either, I''m with ellen. Where are you located? Depending on that, we can recommend a good jeweler who might be able to give you a more informed opinion on re setting? Also, as others have mentioned, Leon Mege has done amazing settings for old stones and they look fantastic. I doubt your gf wouldn''t love some of the old stone erings set by Leon. That link is one great example of his work.

Whatever you do, please dont sell the stone to someone who will re cut it, it looks to be a very pretty OMC!
 
+1 - the specs of this stone make it potentially very desirable in the world of antique jewelry/diamonds. High color antique cuts are hard to find, and it looks to be a lovely stone, with a pleasing shape. If you sincerely want to sell it, perhaps contact an antique dealer and go from there. But you would be amazed at how lovely it can be once you remove it from the gold belcher setting and set it into, say, a platinum antique reproduction setting. And if the diamond is chipped or facets dulled (common in old stones) you can have it repolished with little weight loss (depending on severity of damage) to bring it back to pristine condition.

Please do consider keeping it, but if you don''t, please sell it to someone who loves, collects or specializes in antique diamonds.
 
Thanks for all the great replies - very helpful.

Specifically, the jeweler said that it would be hard to set the stone in anything but a 6-prong setting because of its shape - he said he guesses it could be set in something different, but it might not be very secure. He didn't mention anything about the shape being non-symmetrical or anything, so I don't know.

. However, once we get the ring and get a chance to see it, we'll probably go from there. if the stone really is as nice as it looks, perhaps we can find something to put it in.

Although, at this point, my GF has said that she does not want a 6-prong setting.
 
Most cushions on PS are in 4 prongs. If it were a durability issue for needing 6 prongs, that''s different.
 
Date: 6/2/2008 2:17:00 PM
Author: lbs012
Thanks for all the great replies - very helpful.


Specifically, the jeweler said that it would be hard to set the stone in anything but a 6-prong setting because of its shape - he said he guesses it could be set in something different, but it might not be very secure. He didn''t mention anything about the shape being non-symmetrical or anything, so I don''t know.


. However, once we get the ring and get a chance to see it, we''ll probably go from there. if the stone really is as nice as it looks, perhaps we can find something to put it in.


Although, at this point, my GF has said that she does not want a 6-prong setting.
Click to expand...

Your jeweler doesn''t know what he''s talking about if he hasn''t seen the stone. The only reason you might not be able to set it in 4 prongs is if the girdle is chipped/really thin. Otherwise you should be fine!!!
 
Get advice from a jeweler who specializes in old cuts and is able to examine the diamond in person. Plenty of folks set antique cushions and OMC''s into a variety of settings with no problems whatsoever. 4 prongs, 6 prongs, 8 prongs, 12 prongs, bezels, double claw prongs, flat/tab prongs (common in antique settings), illusion prongs, I could go on and on...
 
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