Urgent-Need help in purchasing a diamond!

[paul w]

I would like any advice or feedback on if this diamond would be a good purchase. There are no inclusions visible to the naked eye. I am concerned about the measurements and the crown. Thank you!

Round brillant
EGLUSA ideal plus
1.55 carat
SI1 clarity
D color
measurements: 7.46-7.41x4.57mm
depth: 61.4
table: 58.0
crown: 14.9
pavilion: 43.1
girdle: med. to sl.thick faceted
polish: very good
symmetry: very good
fluorescence: faint
culet: none
price: 10K

 

[pqcollectibles]

Based on the info you gave, this diamond rates as a Cut Class 1B. Average asking price among PS Vendors is $11,555 for a comparable Cut Class 1B diamond.

You'll get a more informed opinion by providing crown and pavillion angles. Generally, looks good so far. Providing the EGL grading is accurate on color and/or clarity.

 

[paul w]

We are checking on the crown and pavilion angles. Should we question the EGL USA report in regards to the color and clarity? It looked good to me. Thanks

 

[pqcollectibles]

No intent to scare you. Many EGL diamonds independently appraise as graded, but.... EGL USA tends to not be as strict or consistent as AGS or GIA. There have been many posts where an EGL graded diamond came in a grade or 2 lower in color, or a step lower in clarity.

Your EGL D may actually be an AGS/GIA E, and rarely as low as an F. In your case, E or F would still be colorless and have only a slight impact on price, about $600/carat. If this diamond is really, worst case scenario, a F color, you are still OK on the price.

Clarity costs more than color in any diamond. If this diamond is actually and SI2, you would see a significant difference in price, about $1400 to $1600/carat. If this diamond is really a SI2, then the asking price could be a bit high.

Accurately graded EGL diamonds tend to offer great value to lucky buyers. As it would appear to be the case with this diamond if it is accurately graded.

 

[hoorray]

I'm not 100% sure of my info, but I thought EGL USA was pretty reliable. It is EGL Isreal and possibly others, that are know to be fairly "soft" in their grading. Can one of the expert confirm this?

 

[pqcollectibles]

I think you are right, Lop. EGL Isreal is notorious for being "soft" in their grading. EGL USA has tightened up quite a bit in the last year.

 

[aljdewey]

----------------
On 1/28/2004 12:13:13 AM lop wrote:





I'm not 100% sure of my info, but I thought EGL USA was pretty reliable----------------

Hmmmm.. ...I seem to recall a comment Rich Sherwood made that went something like this:

Most of the labs are on the money about 80% of the time. During the other 20%, the AGS/GIA tend to be overly strict, while EGL tends to be overly lenient.

Recalling this comment from memory....but I'm sure you could find his direct quote on the forum here.

 

[paul w]

The jeweler who showed me this diamond offered to sent it to GIA for certification because I questioned EGL USA. Is it important to do this? It takes about 5 weeks. He was not hesistant at all and said about a year or so ago he would have questioned the EGL-USA grading also, but that they have definetly gotten more strict recently.
I compared the diamond against lower colors and also through a loop and you can't see any yellow in it at all.

 

[pqcollectibles]

Sounds like you may have a winner if the jeweler is willing to send the diamond to GIA.

 

[aljdewey]

If he's offering to do that, take him up on it. That's great!