Sudden price increase?

[aapple0112]

What happened to sudden price increase?
Since last week, I was looking for the upgrade mainly at Adiamore.
Last week, there was small price increase, so I thought I better hurry.
Finally narrowing down to 4 choices and I decided to go ahead this morning, then price increase happened.
I was looking at around $3700 price range and all diamonds moved up to around $5000.
I am shocked... how the price increase so much over night?
Is this normal? or I am missing something?
Will price goes down again? Should I wait? So frustrating.
So advice needed, thanks everyone

 

[DejaWiz]

I've noticed that LGD prices are on a bit of a rollercoaster ride lately.

I still have the 2.76 that I bought a month and a half ago in my Ritani wishlist, and they are still showing the increased price from shortly after I bought it (we paid approx $4400).
Supply and demand, plus the upcoming holiday season.

 

[aapple0112]

I thought there will be special sale going on for holiday, and didn't expect price goes up this fast. Should I wait and see? I am not in hurry anyway.

 

[DejaWiz]

I thought there will be special sale going on for holiday, and didn't expect price goes up this fast. Should I wait and see? I am not in hurry anyway.

Do you have some examples of diamonds that you were looking at from Adiamor?
Ritani still has decent pricing for many of their LGDs, and we can help offer some price effective options, if you'd like.

 

[aapple0112]

Do you have some examples of diamonds that you were looking at from Adiamor?
Ritani still has decent pricing for many of their LGDs, and we can help offer some price effective options, if you'd like.

I was looking for GCAL 8x 2.2ct to 2.45 ct in G or F VS
something like this

2.32 Carat G VS1 Round Brilliant Lab Grown Diamond GCAL Certified 313162997 Affinity Cut - D49724375

2.32 carat, Round, G Color, VS1 clarity, GCAL Certified Diamond, Affinity Cut Lab Grown Diamond, D49724375

www.adiamor.com

 

[DejaWiz]

I was looking for GCAL 8x 2.2ct to 2.45 ct in G or F VS
something like this

2.32 Carat G VS1 Round Brilliant Lab Grown Diamond GCAL Certified 313162997 Affinity Cut - D49724375

2.32 carat, Round, G Color, VS1 clarity, GCAL Certified Diamond, Affinity Cut Lab Grown Diamond, D49724375

www.adiamor.com

Found quite a few great candidates to have a peek at!

2.16 Carat Round Lab Diamond IGI LG529279430 | Ritani

2.16 Carat Round Lab Diamond ID Cut D Color VVS2 Clarity with diamond report number IGI #LG529279430

www.ritani.com

2.18 Carat Round Lab Diamond IGI LG530200047 | Ritani

2.18 Carat Round Lab Diamond ID Cut D Color VS1 Clarity with diamond report number IGI #LG530200047

www.ritani.com

2.20 Carat Round Lab Diamond IGI LG522232572 | Ritani

2.2 Carat Round Lab Diamond ID Cut D Color VS1 Clarity with diamond report number IGI #LG522232572

www.ritani.com

2.21 Carat Round Lab Diamond IGI LG526269885 | Ritani

2.21 Carat Round Lab Diamond ID Cut D Color VVS2 Clarity with diamond report number IGI #LG526269885

www.ritani.com

2.24 Carat Round Lab Diamond IGI LG529247587 | Ritani

2.24 Carat Round Lab Diamond ID Cut D Color VS1 Clarity with diamond report number IGI #LG529247587

www.ritani.com

2.25 Carat Round Lab Diamond GIA 7443061003 | Ritani

2.25 Carat Round Lab Diamond ID Cut D Color VS2 Clarity with diamond report number GIA #7443061003

www.ritani.com

2.25 Carat Round Lab Diamond IGI LG529279435 | Ritani

2.25 Carat Round Lab Diamond ID Cut D Color VS1 Clarity with diamond report number IGI #LG529279435

www.ritani.com

2.32 Carat Round Lab Diamond IGI LG526279018 | Ritani

2.32 Carat Round Lab Diamond ID Cut D Color VS2 Clarity with diamond report number IGI #LG526279018

www.ritani.com

2.34 Carat Round Lab Diamond IGI LG512226032 | Ritani

2.34 Carat Round Lab Diamond ID Cut D Color VS1 Clarity with diamond report number IGI #LG512226032

www.ritani.com

2.34 Carat Round Lab Diamond IGI LG528205462 | Ritani

2.34 Carat Round Lab Diamond ID Cut D Color VVS2 Clarity with diamond report number IGI #LG528205462

www.ritani.com

2.37 Carat Round Lab Diamond IGI LG530200055 | Ritani

2.37 Carat Round Lab Diamond ID Cut D Color VVS2 Clarity with diamond report number IGI #LG530200055

www.ritani.com

2.39 Carat Round Lab Diamond IGI LG512226235 | Ritani

2.39 Carat Round Lab Diamond ID Cut D Color VVS2 Clarity with diamond report number IGI #LG512226235

www.ritani.com

2.43 Carat Round Lab Diamond IGI LG529262182 | Ritani

2.43 Carat Round Lab Diamond ID Cut D Color VS1 Clarity with diamond report number IGI #LG529262182

www.ritani.com

 

[Jax172]

I noticed that today. All the GCAL 8x I have on my wish list went up overnight. Boo

 

[distracts]

I thought there will be special sale going on for holiday, and didn't expect price goes up this fast. Should I wait and see? I am not in hurry anyway.

If you watch most websites - department stores, independent stores, etc - a lot of times prices get marked up several weeks before big sale holidays like black friday and then slashed down to prices still above the original price they were at before they were marked up. Always worth following what you're looking to buy long-term to see the patterns.

 

[monipod]

I think if you see a stone you like and you're ready, get it. People are starting to buy lab stones so demand will see prices increase more and more. Of course you'll always find a bargain here and there but that's usually if you're happy to go down a colour or clarity etc.

Stones are generally exempt from most sales I feel. They may discount settings but rarely the stone.

 

[holeydonut]

I've noticed that LGD prices are on a bit of a rollercoaster ride lately.

I still have the 2.76 that I bought a month and a half ago in my Ritani wishlist, and they are still showing the increased price from shortly after I bought it (we paid approx $4400).
Supply and demand, plus the upcoming holiday season.

Naturally there are a lot of things in play, but as a general rule buyers should expect retail prices to creep up in late October and Early November... then when Black Friday (or early Black Friday) rolls around, the retailer plops in a 25% off sale that magically drops prices back to where they were in September.

This basically means if you're shopping in October/November without a sale, you're at risk of over-paying.

 

[oncrutchesrightnow]

I noticed a big jump with pink LGD recently.

What I noticed last year was major price competition beginning around “early Black Friday” and lasting til Christmas. Then after that, prices went up in the beginning of the year and dropped through now. So it might be worth waiting 2-3 weeks.

 

[Skidiamond41]

I had been watching some lab grown preset pieces at James Allen (tennis bracelets and seven stone band) and they shot up in price overnight the other night, even with the 25% off they are at least $500 more than they were last week. Maybe even $1400 more (I can’t remember what was priced what cause I wanted two diff seizes). I was shocked to see such a large increase in price. It made me sad cause the size I want is no longer attainable at James Allen.

 

[Kim N]

I had been watching some lab grown preset pieces at James Allen (tennis bracelets and seven stone band) and they shot up in price overnight the other night, even with the 25% off they are at least $500 more than they were last week. Maybe even $1400 more (I can’t remember what was priced what cause I wanted two diff seizes). I was shocked to see such a large increase in price. It made me sad cause the size I want is no longer attainable at James Allen.

I was shocked too. I went back to look at a couple items, and they'd gone way up. 25% off the current price is now more than the original full price of the pieces I was looking at.

 

[aapple0112]

I think if you see a stone you like and you're ready, get it. People are starting to buy lab stones so demand will see prices increase more and more. Of course you'll always find a bargain here and there but that's usually if you're happy to go down a colour or clarity etc.

Stones are generally exempt from most sales I feel. They may discount settings but rarely the stone.

I totally agree. If I made decision one day earlier....next time I will

 

[aapple0112]

I had been watching some lab grown preset pieces at James Allen (tennis bracelets and seven stone band) and they shot up in price overnight the other night, even with the 25% off they are at least $500 more than they were last week. Maybe even $1400 more (I can’t remember what was priced what cause I wanted two diff seizes). I was shocked to see such a large increase in price. It made me sad cause the size I want is no longer attainable at James Allen.

I was too! I was thinking get another tennis bracelet, but price went up more than 25%. Now I don't feel like getting one.

 

[aapple0112]

I noticed a big jump with pink LGD recently.

What I noticed last year was major price competition beginning around “early Black Friday” and lasting til Christmas. Then after that, prices went up in the beginning of the year and dropped through now. So it might be worth waiting 2-3 weeks.

I am not in hurry, so I can wait. But DejaWiz's list is very attractive.

 

[FutureChocolateMLK]

It’s also engagement and jewelry buying season so I’d expect higher prices now, sales later around Black Friday, and prices will spike again before Christmas to capitalize on last minute shoppers.

 

[aapple0112]

@DejaWiz
thanks for the list!
I like 2.25 GIA one a lot, but when I ran HCA, it score 0.6.
What do you think? Should I ask for ASET image?

 

[DejaWiz]

@DejaWiz
thanks for the list!
I like 2.25 GIA one a lot, but when I ran HCA, it score 0.6.
What do you think? Should I ask for ASET image?

Hi, aapple0112.
You're very welcome!
The HCA score is not a worry, due to the overall proportions and angles.
ASET is always recommended, but I think this one will have no issues.

My favorite out of the bunch is probably the 2.34 D VVS2.

Found a GIA graded 2.19 E VVS2 that is worth a look:

2.19 Carat Round Lab Diamond GIA 2434931736 | Ritani

2.19 Carat Round Lab Diamond ID Cut E Color VVS2 Clarity with diamond report number GIA #2434931736

www.ritani.com

 

[diamondyes]

Holy F!!!!!!

The one I was watching went from $2000 to $3700… insanity.

 

[Kim N]

Two more options under $2800.

2.29 Carat Round Lab Diamond IGI LG544272457 | Ritani

2.29 Carat Round Lab Diamond ID Cut D Color VS2 Clarity with diamond report number IGI #LG544272457

www.ritani.com

2.35 Carat Round Lab Diamond IGI LG497182701 | Ritani

2.35 Carat Round Lab Diamond ID Cut D Color VS2 Clarity with diamond report number IGI #LG497182701

www.ritani.com

 

[DejaWiz]

Two more options under $2800.

2.29 Carat Round Lab Diamond IGI LG544272457 | Ritani

2.29 Carat Round Lab Diamond ID Cut D Color VS2 Clarity with diamond report number IGI #LG544272457

www.ritani.com

2.35 Carat Round Lab Diamond IGI LG497182701 | Ritani

2.35 Carat Round Lab Diamond ID Cut D Color VS2 Clarity with diamond report number IGI #LG497182701

www.ritani.com

Here's the video for the 2.35 D VS2:

Loupe360

loupe360.com

aapple0112, you can see if any of the other diamonds have videos available by replacing the grading report number at the end of the link address.

 

[LilAlex]

Will price goes down again? Should I wait?

Yes. And yes.

I do not know LGD but prices for luxury goods (think: Rolex and diamonds, etc.) are finally correcting from their wacky COVID + supply-chain highs. We knew that all it would take was a tanking stock market and rising interest rates -- both had to happen and did.

 

[aapple0112]

Hi, aapple0112.
You're very welcome!
The HCA score is not a worry, due to the overall proportions and angles.
ASET is always recommended, but I think this one will have no issues.

My favorite out of the bunch is probably the 2.34 D VVS2.

Found a GIA graded 2.19 E VVS2 that is worth a look:

2.19 Carat Round Lab Diamond GIA 2434931736 | Ritani

2.19 Carat Round Lab Diamond ID Cut E Color VVS2 Clarity with diamond report number GIA #2434931736

www.ritani.com

wow! 2.19 is so dream! This is hard choice, price is a at higher side.
Question about 2.25ct GIA one, you don’t prefer that one is because clarity? Or any other reason? 2.34 ct one is also very nice but IGI reporot doesn’t show all proportions, and I want really top cut like GCAL 8x standard.

 

[oncrutchesrightnow]

Wonder if the Diwali holiday is affecting prices?

 

[Calliecake]

I just came here to ask the same question regarding price increases. I was looking multiple times last week and noticed much higher prices tonight. Thank you starting this thread @aapple0112.

@DejaWiz, Are you by any chance knowledgeable with oval cuts?

 

[Kim N]

wow! 2.19 is so dream! This is hard choice, price is a at higher side.
Question about 2.25ct GIA one, you don’t prefer that one is because clarity? Or any other reason? 2.34 ct one is also very nice but IGI reporot doesn’t show all proportions, and I want really top cut like GCAL 8x standard.

Which proportions are you referring to that IGI doesn't show--do you mean the LGF and stars percentages?

 

[aapple0112]

Which proportions are you referring to that IGI doesn't show--do you mean the LGF and stars percentages?

Yes Kim, that what I meant, LGF and stars percentage.
And thanks for finding diamonds for me. But I really love H&A, even I know it won’t impact on overall performance.
My wish is GCLA 8x diamond, if not, at least one very close to it.
this is a hard choice…should I wait or buy it now

 

[aapple0112]

Holy F!!!!!!

The one I was watching went from $2000 to $3700… insanity.

It is insane! how could the price jump so high!?

 

[DejaWiz]

wow! 2.19 is so dream! This is hard choice, price is a at higher side.
Question about 2.25ct GIA one, you don’t prefer that one is because clarity? Or any other reason? 2.34 ct one is also very nice but IGI report doesn’t show all proportions, and I want really top cut like GCAL 8x standard.

Even though IGI doesn't list LGF and Stars, I can usually make a guess by their appearance in the pictures and videos.

The 2.34 D VVS2 is probably around 78-80 LGF and 50 Stars.

Loupe360

loupe360.com

One of the challenges for me is looking at the videos and assessing the girdle to try and see signs of blatant painting and/or digging (that's where an ASET would give irrefutable proof...now that I own one, I advocate that everyone shopping for diamonds also purchase one as a small expense in the grand scheme of things to get ultimate peace of mind), because I'm not sure if that is a consideration for IGI when they assign their Ideal cut grade like GIA does consider it with their 3X cut grade...to an extent.

Diamonds.net - Painting and Digging Out

In the final stages of cutting — the brillianteering process — cutters sometimes use “painting” or its opposite “digging out” to improve weight retention. However, these processes can affect the face-up appearance of a diamond, particularly its contrast pattern. Figure 1 (top) illustrates a...

www.diamonds.net

My *potential* concern with the 2.25 D VS2 would be the amount of tiny inclusions...would they be just fine or are there enough to cause some transparency issues? Hard to say, and I'm usually one to say that even most SI1, even at larger carat weights, are just fine for LGD (especially HPHT) as long as there are no glaringly larger inclusions under the table area or cloudiness/haziness issues that impact transparency.

DejaWiz, Are you by any chance knowledgeable with oval cuts?

Hello, Calliecake!
Unfortunately, I'm not very sufficient with ovals and still learning what key elements to look for in order to find a good oval, so I will defer to others that are adept at it.