Quick Estimate on Fancy Yellow Diamond Ring

[orange_horse]

What do you guestimate the wholesale and retail value of this ring to be? Thank you in advance for your help.

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[chrono]

Does it have any lab paperwork proving the colour grading, clarity and evenness of colour distribution?

 

[Rockdiamond]

+1
Based on the photo, which is totally inconclusive- it might be a W-X being called a Fancy Yellow- or it might be a GIA graded Fancy Yellow.
The difference in those two prices is massive.

 

[orange_horse]

It is not certified. It is being sold by a reputable established jeweler, for what that's worth.

 

[orange_horse]

They want mid-20's, if that means something to you. It's the reason I brought it here. Seems way too low for a quality yellow diamond. On the other hand, I know very little about yellow diamonds.

 

[kenny]

I would never buy any fancy colored diamond without a report from GIA.
Like RD said the value can vary a GREAT deal.

Without a GIA report there is NO way to be sure of what it is so there is NO way to be sure of the price.
I don't care how "reputable" the jeweler is.

IMHO reputable jewelers do NOT sell 4+ carat colored diamonds with no GIA report and especially with no grading report at all.

 

[kenny]

They want mid-20's, if that means something to you. It's the reason I brought it here. Seems way too low for a quality yellow diamond. On the other hand, I know very little about yellow diamonds.

RED FLAG - 25K is too Cheap!

Below I have posted two 4 ct Fancy Yellows with GIA reports.
Both are over $50,000 just for the loose stone.

If it really was Fancy Yellow they'd send it to GIA so they could get much more money for it.
Why would they throw away $25,000?
The answer is they wouldn't and they aren't; they know it's not a fully natural Fancy Yellow.
They are hoping to sell it to a customer who doesn't know any better.

So much for your "reputable and established" vendor ... if he/she calls that 4.32 ct VS2 diamond a Fancy Yellow grade.

http://www.fancydiamonds.net/view_diamonds/6181.htm

http://www.fancydiamonds.net/view_diamonds/5994.htm



I recommend this vendor, Leibish. www.fancydiamonds.net
I've bought 20 colored diamonds from them and have found them to be very reputable.

 

[chrono]

Too fishy for such an expensive item to not be accompanied by a GIA report. How would I know if it is a low coloured "white" diamond or a true Fancy yellow? The price difference between the 2 is huge! Not only that, how would I know if it is untreated or not?

 

[Rockdiamond]

It is not certified. It is being sold by a reputable established jeweler, for what that's worth.

I do not know who is selling this ring- and I hate to make a blanket statement- but I will.
Any jeweler representing that as a 4ct Fancy Yellow- based on the info you've provided is not only not reputable, they are doing a disservice to all honest sellers of diamonds.
Sellers acting this way are a HUGE problem for consumers- most of whom don't have the benefit of reading this discussion

 

[orange_horse]

Correction. It just came to my attention that there is an EGL cert (not GIA, I know). I got it from the jeweler and excerpted this screenshot. Maybe this will change opinions a little. Sorry for the confusion.

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[kenny]

I still would not consider buying it.
EGL grades, shall we say, generously.

That does not look like an EGL grading report, which I would ask to see.
That looks like an appraisal, a document with much less authority.

Plus the setting may have a gold cup under the diamond which strengthens the color.
Even if there isn't you can see some yellow gold under the diamond which can make the diamond look more yellow, especially if it is poorly cut and windows, which it most certainly does with a depth of only 39.6%. (another reason to pass this up)
(3.30/8.34) x 100 = 39.6%
Windowing is probably why they did not show a straight top down pic.
Windowing is when a diamond lets light pass right through (like a window does) because it's too shallow to reflect the light back into the diamond and out the top.

Gemological grading reports should not be done on set stones.
(Notice the disclaimer, "Grading as mounting permits.")
Reputable labs like GIA and AGS grade only loose stones.

IMHO a 4 carat colored diamond with an EGL report may as well have no report.
Too much money at stake to trust EGL's loose standards.
And if it is really only an appraisal and not an EGL Report on the loose diamond that's even more worthless.

Don't be a sucker going for something that's too good to be true.
Basically with diamonds you get what you pay for...or less.
Please only consider color diamonds with GIA grading reports if you want to be sure of what you are paying for.

Also medium fluorescence needs to be evaluated.
It may detract from the color appearance.

Get ready to cough up over much more money if you want what you think you are getting.
Perhaps you should stick with 2 or 3 carat Yellow Diamonds you can be confident about, or perhaps Fancy Light or Faint yellow or X-Z diamonds.

 

[Rockdiamond]

Hi Orange,
Here's my perspective, as a seller:
If someone is in this business, they understand the ramifications of stones without GIA reports- and that certainly includes diamonds with EGL reports.
Again, a blanket statement, however if someone is a "well known" and "established" jeweler, we have to assume they know what I'm referring to. If they are reputable, they should be the ones telling you all this stuff, not us!
I had someone looking for a white 2 ct cushion earlier today.
One of our cutters routinely uses EGL for cruddier stones- I had a diamond graded H color by EGL Israel- it looked like a Fancy Light Yellow. I kid you not- as I opened the paper the yellow came flooding out.
This is an opposite situation. Based on the price, the center diamond is likely S-T or U-V color- likely not even W-X.
It also happened to be a horrible cut. This is also prevalent in people selling these misgraded diamonds- in a large percentage of cases, they're also horribly cut.
It's not that difficult to sell a well cut stone graded by GIA- in any color. This is yet another reason for sellers of undesirable diamonds not to use GIA


And now that I have a little context, the photos back this up. It looks nothing like a fancy yellow color.

PS- This should be a joyous event- and a lot of fun.
I'm sorry to be "raining on a parade" - but you're here asking and I have to assume you want accurate info

 

[orange_horse]

Thanks for the help. It would have been an impulse buy anyway. When it comes time for a yellow or pink diamond, I think I want something more impressive anyway.

Thanks again!

 

[chrono]

That is certainly NOT the EGL report, but the vendor's self created appraisal which is, again, practically useless because it tells you nothing new from what the vendor is advertising. I would want to see the actual EGL report to verify the colour and clarity grading. As Kenny mentioned, the stone is horribly shallow (likely to have a huge window) and the yellow gold cup underneath amps up the yellow saturation greatly. I've seen the colour actually go up a full grade in such a setting. Thirdly, EGL is usually softer in grading so there's the added risk of the colour not even making the Fancy yellow cut per GIA.

 

[Rockdiamond]

I did not notice the depth issue.
There's no way in the world the diamond in the photo has a depth of 39.6%- that much I can tell from those photos.
Although some of the EGL's do issue appraisal reports - that may look like the one you posted- it's clear the depth measurement is a misprint, or an error.
Anyway, it might be an EGL document- but it's wrong in every way possible regardless......

 

[DiamondColors]

Hello

No decent 4 carat fancy yellow diamond can cost less than $40,000, so the price here is for something "else".

Dan