Rough diamond 2.00ct VVS1 D for 620USD

[allhappyfriends]

What do you think about that,is that offer to good to be true.It comes from Cameroon.Please give me an advice,how to proceed.

 

[Moh 10]

I say RUN AWAY from this scam.

FAST!

 

[D&T]

Ditto MOH!

 

[allhappyfriends]

I hope you will see the pics

 

[allhappyfriends]

and this one

 

[Moh 10]

So you believe that all those rough diamonds are D, VVS1?

Not sure what you are asking.

 

[denverappraiser]

What in the world makes you think ANY of these stones would be graded D/VVS1, even if that were the way rough diamonds were graded? For that matter, why do you believe that they’re even diamonds, that they’re a legitimate product of Cameroon and that the stones in the photo are the stones you will get if you pay the money?

To call this a fishy deal is an understatement. If you want to make a charitable contribution to the good people of Cameroon, there are better ways to go about it.

Neil Beaty
GG(GIA) ICGA(AGS) NAJA
Professional Appraisals in Denver

 

[Dreamer1116]

Date: 8/7/2009 5:49:04 PM
Author: denverappraiser
What in the world makes you think ANY of these stones would be graded D/VVS1, even if that were the way rough diamonds were graded? For that matter, why do you believe that they’re even diamonds, that they’re a legitimate product of Cameroon and that the stones in the photo are the stones you will get if you pay the money?

To call this a fishy deal is an understatement. If you want to make a charitable contribution to the good people of Cameroon, there are better ways to go

Neil Beaty
GG(GIA) ICGA(AGS) NAJA
Professional Appraisals in Denver

I don''t think anyone could put it better! Bad deal! RUN, don''t Walk!

 

[allhappyfriends]

No,these pictures show what they have.They sent me a price list where 2.00ct VVS1 D rough was with price 540USD.I was confused and asked them again and they confirm the price.Another examples:
38stones available=2.05carat---- IF------------E-------- $550USD68stones available=2.12carat----VVS2-------E-------- $655USD51stones available=2.00carat----VVS1-------D-------- $540USD66stones available=2.00carat----SI1-----------F-------- $650USD20stones available=2.00carat----VVS1-------F-------- $595USD33stones available=3.03carat----VVS1-------G-------- $870USD42stones available=3.60carat----SI1-----------H-------- $753USD63stones available=3.00carat----VVS2-------D-------- $1250USD30stones available=5.05carat------IF-----------F-------- $2020USD11stones available=5.05carat-----SI1----------D-------- $1520USD90stones available=8.00carat----VVS1-------E-------- $3200USD57stones available=7.40carat----VVS2-------E-------- $2950USD10stones available=10.55carat-----SI1--------G-------- $5400USD14stones available=4.55carat------VVS1----Blue----- $2740USD09stones available=3.09carat------VVS1----Pink----- $1670USD

Could someone tell me the real price for some of these rough diamonds if they are purchased from a trusted vendor,i want to know the real price because like you said this is a scam

 

[Kaleigh]

Ummm looking at the rough, don''t see any that would yield a stone of that size or clarity... RUN.....

 

[Moh 10]

If you are asking these questions here then you should NOT be buying rough diamonds.

They will eat you for lunch.

 

[denverappraiser]

Retail prices on rough diamonds range from about $40/ct to well over $1000/ct depending on the details of the stone that are not included on your price list. Ebay consistently has hundreds of offers to choose from.

For example, here's a 2.11ct stone being offered for $35.

Transnational trafficing in rough diamonds without the proper paperwork is illegal in most countries, including both Cameroon and the USA by the way.

Neil Beaty
GG(GIA) ICGA(AGS) NAJA
Professional Appraisals in Denver

 

[allhappyfriends]

Yes i am rookie and try to understand your world,i need and try to reach knowledge about this business.Probably and you are not born with such experience which you have now.Need someone of you apprentice?

 

[MichelleCarmen]

That yellow one looks like a D

 

[Kaleigh]

Date: 8/7/2009 6:08:01 PM
Author: allhappyfriends
Yes i am rookie and try to understand your world,i need and try to reach knowledge about this business.Probably and you are not born with such experience which you have now.Need someone of you apprentice?

This is a field that will eat you up and spit you out in a nano second if you don''t know what you are doing... Plus you will lose your shirt along the way without the education and connections.. I say stick to your day job.... I know it sounds harsh, but it''s true...

 

[denverappraiser]

Date: 8/7/2009 6:08:01 PM
Author: allhappyfriends
Yes i am rookie and try to understand your world,i need and try to reach knowledge about this business.Probably and you are not born with such experience which you have now.Need someone of you apprentice?

Nope, no one is born with experience. The folks who have it got it through years of investment and hard work and often under the tutelage of relatives who have been doing it for generations. Here's a book on the topic that’ll set you back WAY less than $640. By no means will it make you an expert in the diamond business but it might answer some of your questions about how it works. If you decide it's for you, the guys selling the book operate a fairly well regarded school that caters to people trying to get into the industry.

Neil Beaty
GG(GIA) ICGA(AGS) NAJA
Professional Appraisals in Denver

 

[allhappyfriends]

Thank you very much to all of you,especially MC for the precious information

I prefer to post my stupid questions for now and keep my money in the pocket until i have enought experience to go to the next level.
So wait my next post

 

[denverappraiser]

I’m reminded of a bumper sticker that I see from time to time:

If you think education is expensive, try ignorance.

I can think of few places where this is more true than the rough diamond business.

Neil Beaty
GG(GIA) ICGA(AGS) NAJA
Professional Appraisals in Denver

 

[D&T]

Its not a silly post, its good that you wanted to confirm first before forking out precious $$$ and getting yourself in trouble later.