Rate This Diamond

[eric9547]

Hello guys, I have an opportunity to buy a used round diamond and would value your guys opinion of the diamond. The diamond is GIA certified with these specs. HCA rates it at 2.2 which states its worth buying if the price is right. What would you guys pay for a diamond like this not from a store?

Carat Weight: 1.52
Color: G
Clarity: VVS2
Cut: Excellent

Polish: Excellent
Symmetry: Excellent
Flourescence: None

Depth: 60.7 %
Table: 59.0 %
Crown Angle: 34.5
Pavillion Angle: 41

 

[Lorelei]

Date: 10/29/2008 4:45:44 PM
Author:eric9547
Hello guys, I have an opportunity to buy a used round diamond and would value your guys opinion of the diamond. The diamond is GIA certified with these specs. HCA rates it at 2.2 which states its worth buying if the price is right. What would you guys pay for a diamond like this not from a store?

Carat Weight: 1.52
Color: G
Clarity: VVS2
Cut: Excellent

Polish: Excellent
Symmetry: Excellent
Flourescence: None

Depth: 60.7 %
Table: 59.0 %
Crown Angle: 34.5
Pavillion Angle: 41

Welcome Eric,

It looks to be a decently cut diamond, as to what to pay on the secondary market...My advice to you is to arrange for an independant appraiser to examine the diamond to check it for authenticity, possible damage etc prior to any purchase - and to also give you a purchase priced based on your intentions. Here is a tool you can use to find an appraiser in your area.

https://www.pricescope.com/appr_list.aspx

What is the situation concerning who is selling it?

 

[eric9547]

The guy proposed but did''nt get married. He got the ring back and now wants to get rid of it.

 

[Lorelei]

Date: 10/29/2008 5:18:44 PM
Author: eric9547
The guy proposed but did''nt get married. He got the ring back and now wants to get rid of it.

I see, well get that appraisal, if the price is right then it might be a good deal, but get a pro to check it out.

 

[eric9547]

Assuming it does come out like the GIA cert what price would you guys pay for this diamond. I was going to offer below $12,000

 

[neatfreak]

Date: 10/29/2008 5:34:42 PM
Author: eric9547
Assuming it does come out like the GIA cert what price would you guys pay for this diamond. I was going to offer below $12,000

Personally I would go with about half of retail...again, assuming that it checks out as a nice stone with an appraiser.

 

[eric9547]

Checking out retail prices on a like stone they come out to $15,000-$18,000. That would be great if i could get it for $9,000 or less. He would probably be insulted if I offered him that.

 

[Kaleigh]

Date: 10/29/2008 5:41:45 PM
Author: eric9547
Checking out retail prices on a like stone they come out to $15,000-$18,000. That would be great if i could get it for $9,000 or less. He would probably be insulted if I offered him that.

He''d be lucky to get 9K for it. Re-selling diamonds is tough. Diamonds are not good investments. They are like cars, once your drive off the lot....

 

[neatfreak]

Date: 10/29/2008 5:46:04 PM
Author: Kaleigh

Date: 10/29/2008 5:41:45 PM

Author: eric9547

Checking out retail prices on a like stone they come out to $15,000-$18,000. That would be great if i could get it for $9,000 or less. He would probably be insulted if I offered him that.

He''d be lucky to get 9K for it. Re-selling diamonds is tough. Diamonds are not good investments. They are like cars, once your drive off the lot....

Agreed. Unfortunately not everyone understands that. If he''s insulted by all means let him go elsewhere to try to sell it, but he would be lucky to get 9k for it and I think he would quickly find that out...

 

[Doc_1]

that is incredible ....Then would it be better looking for a stone in a pawn shop after getting the pro appraisal than buying one that i know it will drop 50% the moment i walk out of the store?
seems like a huge mark up on those stones....and i was bi***ing about my Shelby GT500 marked up...lol

 

[neatfreak]

Date: 10/29/2008 6:11:23 PM
Author: Doc_1
that is incredible ....Then would it be better looking for a stone in a pawn shop after getting the pro appraisal than buying one that i know it will drop 50% the moment i walk out of the store?

seems like a huge mark up on those stones....and i was bi***ing about my Shelby GT500 marked up...lol

Theoretically if you could find a superbly cut stone it is much better to buy on the secondhand market...unfortunately they are hard to find on the secondhand market!

 

[Dancing Fire]

Date: 10/29/2008 5:37:40 PM
Author: neatfreak

Date: 10/29/2008 5:34:42 PM
Author: eric9547
Assuming it does come out like the GIA cert what price would you guys pay for this diamond. I was going to offer below $12,000

Personally I would go with about half of retail...again, assuming that it checks out as a nice stone with an appraiser.

yep!!! and....no more.

 

[Dreamer_D]

Date: 10/29/2008 6:16:35 PM
Author: neatfreak

Date: 10/29/2008 6:11:23 PM
Author: Doc_1
that is incredible ....Then would it be better looking for a stone in a pawn shop after getting the pro appraisal than buying one that i know it will drop 50% the moment i walk out of the store?

seems like a huge mark up on those stones....and i was bi***ing about my Shelby GT500 marked up...lol

Theoretically if you could find a superbly cut stone it is much better to buy on the secondhand market...unfortunately they are hard to find on the secondhand market!

Yup, the type of super-ideals we like around these parts are rare, most of the stone out there are not well cut. But diamonds aren''t investments, it is a luxory item you enjoy for as long as you want (or can

). Who cares about it "depreciating"? We dont talk about the depreciation in value of a great vacation or a nice meal. Try re-selliing one of those! LOL!