Thoughts on this EGL certified 1.52 ct ring from IDNID?

[tfc_diamondlvr]

Hello lovely PSers!

I've been trying to get a decent ring for a decent price (sadly, the Canadian dollar kinda sucks right now)
I've come across this ring, and I'd love to get some feedback.
The seller is going to upload the report now for me. She said it's from the EGL european certification system. I tried to verify it with the website, but it's not working for some reason. Maybe I'm inputting the numbers incorrectly into the search field?

Let me know what you folks think. I value everyone's opinion on here.
This would be to help me replace my e-ring right now if things don't go down right with Tiffany's.
https://www.idonowidont.com/diamonds/certified-diamond-engagement-ring-center-stone-152-ct

I would potentially be purchasing this ring today if I get the green light from everyone.
In theory, I'd be spending about the same amount of money to purchase an upgrade from Tiffany's to a 1.37. I have no problem putting the money into the Tiffany's ring for the upgrade, but that's only IF Tiffany's will ultimately let me upgrade with no issues.

Thanks!!

 

[whitewave]

I'm curious why you would get another princess cut?
And I don't like it from this pic:

 

[tfc_diamondlvr]

I'm curious why you would get another princess cut?
And I don't like it from this pic:

Thanks for your feedback.
Would you mind telling me why you don't like it from that pic?
My original diamond was a RB. I'm just getting a princess because I'd like a larger sized diamond. I figured I'd downgrade the EGL report so that I'm actually purchasing a J color SI2.
Looking online for prices, a 1.5 princess with those lowered specs might still cost me around $6500 CAD for a loose diamond.

But again, I don't know.

 

[ChristineRose]

If it doesn't come up on the EGL USA website, it's likely one of the other bodies calling itself EGL. You could safely assume that the certificate was deceptive, except the seller can't even sell you the certificate, so it's really uncerted. Also it comes with one of those inflated appraisals, which makes it hard to learn what the seller actually paid. It likely means that it was sold in a package, and that the buyer didn't look at a bunch of stones and pick out a nice one.

Looking around the web, I see some kinda comparable rings for $7,000 to $9,000. So it's a bargain, but not a huge bargain, and you're buying blind, and it's a good chance this is towards the lower end. Finally buying used is always riskier, which is part of why used is cheaper, but I'm not sure of the risk to reward ratio.

I figured I'd downgrade the EGL report so that I'm actually purchasing a J color SI2.

Yeah, but that doesn't work. If it worked the fake labs wouldn't even exist. This is what they want you to do, and it's pretty much guaranteed that the stone will be at least as expensive as a GIA stone. But as I said, this stone should be considered uncerted, and even if the seller isn't lying a non-USA EGL stone can be four grades off, or even more in exceptional cases.

 

[MollyMalone]

Think the reason you couldn't retrieve report from EGL USA is because the report did not come from EGL USA, but rather one of the EGL labs overseas, which have always had worse reputations (EGL Israel is especially bad). Even back in 2005 (the date on the report posted in the listing), an EGL USA report would include IIRCC the lab's particular location, as there were EGL USA labs in more than one North American city.

 

[Rockdiamond]

It's not easy to take good diamond pics-and the picture you posted is a bad pic for actually showing what the diamond looks like.
EGL grades are often far below what GIA would grade a diamond. A large percentage of EGL graded SI2 graded stones are I1 or worse by GIA grading. Stones that EGL grades J color can be as bad as M-N or even darker. This is based on a large number of EGL graded stones I've seen

 

[tfc_diamondlvr]

If it doesn't come up on the EGL USA website, it's likely one of the other bodies calling itself EGL. You could safely assume that the certificate was deceptive, except the seller can't even sell you the certificate, so it's really uncerted. Also it comes with one of those inflated appraisals, which makes it hard to learn what the seller actually paid. It likely means that it was sold in a package, and that the buyer didn't look at a bunch of stones and pick out a nice one.

Looking around the web, I see some kinda comparable rings for $7,000 to $9,000. So it's a bargain, but not a huge bargain, and you're buying blind, and it's a good chance this is towards the lower end. Finally buying used is always riskier, which is part of why used is cheaper, but I'm not sure of the risk to reward ratio.

I figured I'd downgrade the EGL report so that I'm actually purchasing a J color SI2.

Yeah, but that doesn't work. If it worked the fake labs wouldn't even exist. This is what they want you to do, and it's pretty much guaranteed that the stone will be at least as expensive as a GIA stone. But as I said, this stone should be considered uncerted, and even if the seller isn't lying a non-USA EGL stone can be four grades off, or even more in exceptional cases.

Thanks for the detailed answer. I appreciate your advice.
I was worried that it was one of the euro certification houses, in which case it could be very unregulated.

I wish I could get it certified with GIA or someone prior to making the purchase.
I am learning quickly that EGL certs are definitely not something to take seriously. I am more deterred to make this purchase.
I'd be paying $4k for the ring.

Think the reason you couldn't retrieve report from EGL USA is because the report did not come from EGL USA, but rather one of the EGL labs overseas, which have always had worse reputations (EGL Israel is especially bad). Even back in 2005 (the date on the report posted in the listing), an EGL USA report would include IIRCC the lab's particular location, as there were EGL USA labs in more than one North American city.

This was my fear. It is from euro, and I don't know if it's from Israel. I had no idea how bad EGL reports actually could be.
Thanks for your forewarning.

It's not easy to take good diamond pics-and the picture you posted is a bad pic for actually showing what the diamond looks like.
EGL grades are often far below what GIA would grade a diamond. A large percentage of EGL graded SI2 graded stones are I1 or worse by GIA grading. Stones that EGL grades J color can be as bad as M-N or even darker. This is based on a large number of EGL graded stones I've seen

Yikes! I didn't know the grading could be THAT off. That's craziness
Guess it looks like I'm better getting a diamond that has GIA certifications for my peace of mind.
Is IGI reports any better?
Thanks for your insights and advice!

 

[whitewave]

I've confused you with someone else, sorry!!!

 

[tyty333]

The pictures arent good enough to give any kind of positive feedback so my answer would be no-go. I think you would be much
better off with a Tiffany 1.37. At least it is a quality that we know and that is acceptable.

If your budget is $6k...you might ask for PSers to see what they can come up with (let them know your specs).
This stone is over 8mm...it is low color (O/P and low clarity). You could put it in an inexpensive setting $300ish in US.
https://www.ebay.com/itm/2-20ct-ANT...323080?hash=item2395937048:g:J~gAAOSwbihaOBfE

Around 7mm
https://www.ebay.com/itm/1-77ct-ANT...831219?hash=item5d78dee1b3:g:D4YAAOSwETJaHxek

Other PSers have bought from this vendor. If interested, I would call and talk to them in person and ask about inclusions. They also do videos
(which I would ask for).

 

[tfc_diamondlvr]

The pictures arent good enough to give any kind of positive feedback so my answer would be no-go. I think you would be much
better off with a Tiffany 1.37. At least it is a quality that we know and that is acceptable.

If your budget is $6k...you might ask for PSers to see what they can come up with (let them know your specs).
This stone is over 8mm...it is low color (O/P and low clarity). You could put it in an inexpensive setting $300ish in US.
https://www.ebay.com/itm/2-20ct-ANT...323080?hash=item2395937048:g:J~gAAOSwbihaOBfE

Around 7mm
https://www.ebay.com/itm/1-77ct-ANT...831219?hash=item5d78dee1b3:g:D4YAAOSwETJaHxek

Other PSers have bought from this vendor. If interested, I would call and talk to them in person and ask about inclusions. They also do videos
(which I would ask for).

Thanks for taking the time to look into things for me!
I think if I can swing the Tiffany's switch, I'll be better off doing that instead. I just don't know if everything is going to work out in the end.
I think you're right, I'm better off not going for a ring that has questionable certification/uncertified.
I'll post to PS and see what feedback I can get.
I figured that buying a new stone will cost me too much money. I just keep hoping I'll find someone who just wants to offload their diamond ring (not to a pawn shop etc) but to another regular buyer and get a decent price.

That's just my wish though. I don't know if that's reality anymore

 

[ChristineRose]

It looks like she posted the cert in the last few hours!

It's from 2005, which is why it's not on the web. I can't tell what flavor of EGL is is.

FWIW, Whiteflash has a 1.55 J SI1 ACA AGS 0 princess for $5,900

https://www.whiteflash.com/loose-diamonds/princess-cut-loose-diamond-3782393.htm?source=pricescope

So that should answer the question of whether that ring is worth $6,000.

 

[SimoneDi]

@tfc_diamondlvr your current ring is a million times better than that preloved ring on idonowidont. I like the WF princess cut suggested by @ChristineRose way better as well!

 

[tfc_diamondlvr]

It looks like she posted the cert in the last few hours!

It's from 2005, which is why it's not on the web. I can't tell what flavor of EGL is is.

FWIW, Whiteflash has a 1.55 J SI1 ACA AGS 0 princess for $5,900

https://www.whiteflash.com/loose-diamonds/princess-cut-loose-diamond-3782393.htm?source=pricescope

So that should answer the question of whether that ring is worth $6,000.

Thanks so much for sending over that link to me!
I'd totally get that diamond, but I'm looking for something about 1k less so that I can justify it in Canadian dollars.
But, I completely see your point! That ring is definitely not worth $6k based on what we can see there.

Thanks again!

 

[tfc_diamondlvr]

@tfc_diamondlvr your current ring is a million times better than that preloved ring on idonowidont. I like the WF princess cut suggested by @ChristineRose way better as well!

Thanks so much for your input!!! I think it's best I just get advice from PSers about good options. Gosh I love PS!
I'm still dealing with Tiffany's ATM. I really hope to update everyone about things on Friday!
Hopefully, it'll all work out.

 

[SimoneDi]

Thanks so much for your input!!! I think it's best I just get advice from PSers about good options. Gosh I love PS!
I'm still dealing with Tiffany's ATM. I really hope to update everyone about things on Friday!
Hopefully, it'll all work out.

Fingers crossed! Hoping for a holiday miracle for you!

 

[Tourmaline]

You asked and havent purchased it yet, so I will tell you...that is one of the ugliest diamonds I've ever seen. NO, NO, NO.

 

[tfc_diamondlvr]

Fingers crossed! Hoping for a holiday miracle for you!

I know right?!?
I'm hoping for one myself! It's not the most amazing solution, but it's a solution I'm happier about

You asked and havent purchased it yet, so I will tell you...that is one of the ugliest diamonds I've ever seen. NO, NO, NO.

Thanks for the honesty! I'm glad I didn't go through with anything.
But, I'm hoping to find a lucky brake on a diamond ring where I can be settled for awhile

 

[srke]

If given the choice between your current Tiffany and that ring, I'd take your Tiffany any day. At least with the Tiffany you have some sort of idea of what youve got.

 

[bmfang]

Tiffany's in-house grading is generally speaking pretty good with colour and clarity. Far better than any EGL graded stone.

 

[bmfang]

And that grading report, I’m 99% sure it is one from one of their European labs or the Israeli lab. If EGL USA, I would have slightly more “confidence” in the grades (but that’s not saying much).

 

[denverappraiser]

Bear in mind that with IDNID, the 'buyer protection' policy guarantees only that it's the same diamond as what's described in the ad. They do not guarantee the accuracy of grades beyond that, and they do not take returns, only exchanges (one time only, less a restocking fee).

https://www.idonowidont.com/buying