Urgently searching for 3ct round cut diamond.

[ragrave]

How is this one?
Carat : 3.010
Color : I
Clarity : SI1
Meas. : 9.25-9.30*5.68
D/Ratio : 9.28
Depth : 61.20
Table : 57.00

https://www.adiamor.com/Diamonds/3....Cut-Round-Diamond/D41384686?&refer=pricescope

Like to video: http://www.adiamor.com/query/video-player.html?id=5268491

 

[TreeScientist]

She won't complain. I just want to get the best deal for her if possible.
Do you think these criteria are too unreasonable?
Price $25-$30k.
Size 2.7-3ct.
Clarity SI1
Color I

I don't think it's unreasonable. I just think you need to find the right one.

Have you contacted VC about the 3 carat I/VS2 listed on JA? Would he be able to call that one in for you?

I think it would be nice if you could see both that one and the 2.9 I/SI1 to see if there's a big difference in the appearance. IF not, then I would save the 5K and go for the 2.9.

 

[ragrave]

I don't think it's unreasonable. I just think you need to find the right one.

Have you contacted VC about the 3 carat I/VS2 listed on JA? Would he be able to call that one in for you?

I think it would be nice if you could see both that one and the 2.9 I/SI1 to see if there's a big difference in the appearance. IF not, then I would save the 5K and go for the 2.9.

Definitely ask him on Monday.

How is this one?
Carat : 3.010
Color : I
Clarity : SI1
Meas. : 9.25-9.30*5.68
D/Ratio : 9.28
Depth : 61.20
Table : 57.00

https://www.adiamor.com/Diamonds/3....Cut-Round-Diamond/D41384686?&refer=pricescope

Like to video: http://www.adiamor.com/query/video-player.html?id=5268491

This one is also H&A.

 

[ragrave]

Since we cannot get IS of most of the oversea stones, how can we make sure it will be a good one?

Victor and Martin say that you cannot return the oversea stones. I feel that it is very risky...

 

[rockysalamander]

Since we cannot get IS of most of the oversea stones, how can we make sure it will be a good one?

Victor and Martin say that you cannot return the oversea stones. I feel that it is very risky...

You have to make a hard choice here and I think you and your FI need to work on this together.
1) You can choose from on overseas stone with good "safe" angles and take a chance. Its a bit chance for such a large amount of money. You get no upgrade or tradein guarantee or return option. This would suit a highly risk tolerant person.

2) You can buy what you can afford from VC's inventory. For this, based on his stones, that would be accepting a 2 carat stone. This gives you the ability to switch among stones and get a buyback/trade-in. Very safe. Very predictable.
https://www.victorcanera.com/diamonds/n15rt1-2.070-h-si1-ideal-hearts-arrows-round

3) You re-work things with your insurance company to go with a different vendor. If VC loses the sale, it is due to his need to make a 'mark-up'. Other vendors would give you a range of stones to choose from. You could work with any vendor for the diamond. You could have a custom setting made to be close to the VC one, while respecting his design, by DavidKlass or work with another designer like CVB Inspired or Maytal Hannah. If you go with WF, you would be in the 2.6c range. There is some additional risk in that the setting would be custom, although you can certainly manage that buy staying with good PS vendors.
https://www.whiteflash.com/loose-diamonds/round-cut-loose-diamond-3907538.htm
https://www.hpdiamonds.com/en-us/diamonddetail/HPD8968

4) You convince VC to go against his prima donna policy to not work with other super-ideal vendor's stones. In this case, you retain the trade-in/trade-up policy of the diamond vendor and have the confidence that VC knows how to properly set a super-ideal.

 

[TreeScientist]

You have to make a hard choice here and I think you and your FI need to work on this together.
1) You can choose from on overseas stone with good "safe" angles and take a chance. Its a bit chance for such a large amount of money. You get no upgrade or tradein guarantee or return option. This would suit a highly risk tolerant person.

2) You can buy what you can afford from VC's inventory. For this, based on his stones, that would be accepting a 2 carat stone. This gives you the ability to switch among stones and get a buyback/trade-in. Very safe. Very predictable.
https://www.victorcanera.com/diamonds/n15rt1-2.070-h-si1-ideal-hearts-arrows-round

3) You re-work things with your insurance company to go with a different vendor. If VC loses the sale, it is due to his need to make a 'mark-up'. Other vendors would give you a range of stones to choose from. You could work with any vendor for the diamond. You could have a custom setting made to be close to the VC one, while respecting his design, by DavidKlass or work with another designer like CVB Inspired or Maytal Hannah. If you go with WF, you would be in the 2.6c range. There is some additional risk in that the setting would be custom, although you can certainly manage that buy staying with good PS vendors.
https://www.whiteflash.com/loose-diamonds/round-cut-loose-diamond-3907538.htm
https://www.hpdiamonds.com/en-us/diamonddetail/HPD8968

4) You convince VC to go against his prima donna policy to not work with other super-ideal vendor's stones. In this case, you retain the trade-in/trade-up policy of the diamond vendor and have the confidence that VC knows how to properly set a super-ideal.

Great advice here. I agree that you sound a bit limited by VC regarding the diamond choices. Unless your fiancé is absolutely set on the VC design, it may be worth exploring the other vendors. Most of the SuperIdeal vendors also do custom work, and there are other excellent designers out there (like CVB) that also do excellent work. I wouldn't let a designer insisting on making a mark-up on a diamond limit your choices. They're already making a profit on the ring itself.

 

[ragrave]

You have to make a hard choice here and I think you and your FI need to work on this together.
1) You can choose from on overseas stone with good "safe" angles and take a chance. Its a bit chance for such a large amount of money. You get no upgrade or tradein guarantee or return option. This would suit a highly risk tolerant person.

2) You can buy what you can afford from VC's inventory. For this, based on his stones, that would be accepting a 2 carat stone. This gives you the ability to switch among stones and get a buyback/trade-in. Very safe. Very predictable.
https://www.victorcanera.com/diamonds/n15rt1-2.070-h-si1-ideal-hearts-arrows-round

3) You re-work things with your insurance company to go with a different vendor. If VC loses the sale, it is due to his need to make a 'mark-up'. Other vendors would give you a range of stones to choose from. You could work with any vendor for the diamond. You could have a custom setting made to be close to the VC one, while respecting his design, by DavidKlass or work with another designer like CVB Inspired or Maytal Hannah. If you go with WF, you would be in the 2.6c range. There is some additional risk in that the setting would be custom, although you can certainly manage that buy staying with good PS vendors.
https://www.whiteflash.com/loose-diamonds/round-cut-loose-diamond-3907538.htm
https://www.hpdiamonds.com/en-us/diamonddetail/HPD8968

4) You convince VC to go against his prima donna policy to not work with other super-ideal vendor's stones. In this case, you retain the trade-in/trade-up policy of the diamond vendor and have the confidence that VC knows how to properly set a super-ideal.

Really great advice here. I will wait until I see 2.9ct. If it looks bad, I will ask VC to get WF stone again. If he refuses, I will talk with JewerlersMutual to switch to WF. Thnak you.

 

[Victor Canera]

Hi everyone,

I wanted to chime in here because this thread seems to be devolving into negativity based on assumptions made by the OP, NOT from the facts.

In my communication with Ragrave, not once has the topic of our margins or markup entered into the conversation. To date, I’ve personally presented over a dozen diamonds that we can source for his consideration. The stones selected have absolutely positively nothing to do with our markup. It has to do with being able to get the diamonds in for inspection and analysis. Many of the stones that Ragrave has suggested are located in Asia and getting them in for inspection is pretty much impossible. I like to check diamonds in person before being able to present them to clients because lab reports and static images only go so far. Asian diamonds are also notorious for having the dreaded “BGM” - Brownish, Greenish or Milkiness. Additionally, since the photography isn’t our’s, no vendor can really vouch for the accuracy of the photos or imagery.

I haven’t ever said that I won’t work with another vendor’s diamond to Ragrave. At the same time though, we can’t source other vendors’ in-house diamonds just as vendors can’t source our own in-house stones. I’m sorry if this wasn’t clear to you Ragrave but that was my response to you when you asked me to source another vendor’s in-house stone.

I think Ragrave himself can confirm the truth of what I’m saying here.

And @rockysalamander , I’m only a prima donna on the weekends

All the best

 

[rockysalamander]

Hi everyone,

I wanted to chime in here because this thread seems to be devolving into negativity based on assumptions made by the OP, NOT from the facts.

In my communication with Ragrave, not once has the topic of our margins or markup entered into the conversation. To date, I’ve personally presented over a dozen diamonds that we can source for his consideration. The stones selected have absolutely positively nothing to do with our markup. It has to do with being able to get the diamonds in for inspection and analysis. Many of the stones that Ragrave has suggested are located in Asia and getting them in for inspection is pretty much impossible. I like to check diamonds in person before being able to present them to clients because lab reports and static images only go so far. Asian diamonds are also notorious for having the dreaded “BGM” - Brownish, Greenish or Milkiness. Additionally, since the photography isn’t our’s, no vendor can really vouch for the accuracy of the photos or imagery.

I haven’t ever said that I won’t work with another vendor’s diamond to Ragrave. At the same time though, we can’t source other vendors’ in-house diamonds just as vendors can’t source our own in-house stones. I’m sorry if this wasn’t clear to you Ragrave but that was my response to you when you asked me to source another vendor’s in-house stone.

I think Ragrave himself can confirm the truth of what I’m saying here.

And @rockysalamander , I’m only a prima donna on the weekends

All the best

Fair enough. Apologies for prima donna comment. Not my usual tone and it was out of line. Thanks for the classy response.

Can you clarify why you can't get the stone from another in house line... If the OP is willing to pay whatever price they ask. Is this an insurance company stipulation? Just trying to understand why this is a limitation on the OP.

 

[Victor Canera]

Fair enough. Apologies for prima donna comment. Not my usual tone and it was out of line. Thanks for the classy response.

Can you clarify why you can't get the stone from another in house line... If the OP is willing to pay whatever price they ask. Is this an insurance company stipulation? Just trying to understand why this is a limitation on the OP.

No worries.
We can't source the stone ourselves because it would mean that we would have to facilitate the transaction as in paying for it etc. There are some tax and accounting issues that arise with that scenario.

If the OP would like to source the stone himself, there are no issues.

I think the problem in this instance is with the insurance company which insists that payment is made to a single vendor. In other words, they won't split up the reimbursement between more than one vendor. We've had this problem a couple of weeks ago with another client.

 

[ragrave]

Hi everyone,

I wanted to chime in here because this thread seems to be devolving into negativity based on assumptions made by the OP, NOT from the facts.

In my communication with Ragrave, not once has the topic of our margins or markup entered into the conversation. To date, I’ve personally presented over a dozen diamonds that we can source for his consideration. The stones selected have absolutely positively nothing to do with our markup. It has to do with being able to get the diamonds in for inspection and analysis. Many of the stones that Ragrave has suggested are located in Asia and getting them in for inspection is pretty much impossible. I like to check diamonds in person before being able to present them to clients because lab reports and static images only go so far. Asian diamonds are also notorious for having the dreaded “BGM” - Brownish, Greenish or Milkiness. Additionally, since the photography isn’t our’s, no vendor can really vouch for the accuracy of the photos or imagery.

I haven’t ever said that I won’t work with another vendor’s diamond to Ragrave. At the same time though, we can’t source other vendors’ in-house diamonds just as vendors can’t source our own in-house stones. I’m sorry if this wasn’t clear to you Ragrave but that was my response to you when you asked me to source another vendor’s in-house stone.

I think Ragrave himself can confirm the truth of what I’m saying here.

And @rockysalamander , I’m only a prima donna on the weekends

All the best

Yes, I can confirm that! We haven't talked about the margin that is why I mentioned "probably."
I love working with Victor as I have mentioned many times in this thread. The main reason that I posted here is to seek help from the PS community to find the right stone as fast as we can. Lacking time is really freaking me out.

 

[gm89uk]

No worries.
We can't source the stone ourselves because it would mean that we would have to facilitate the transaction as in paying for it etc. There are some tax and accounting issues that arise with that scenario.

If the OP would like to source the stone himself, there are no issues.

I think the problem in this instance is with the insurance company which insists that payment is made to a single vendor. In other words, they won't split up the reimbursement between more than one vendor. We've had this problem a couple of weeks ago with another client.

Excuse my ignorance, but why can't the OP receive the funds directly and 'split it' themselves, and pay you directly for your contributions while purchasing the desired stone required?

 

[Victor Canera]

Excuse my ignorance, but why can't the OP receive the funds directly and 'split it' themselves, and pay you directly for your contributions while purchasing the desired stone required?

I really don’t know the answer to that question @gm89uk
This is just speculation on my part, but it probably has to do with their stipulation that they pay out for a “like kind” replacement with a vendor. That might be something the OP can clarify with his adjuster.

All the best

 

[ragrave]

Excuse my ignorance, but why can't the OP receive the funds directly and 'split it' themselves, and pay you directly for your contributions while purchasing the desired stone required?

I can answer that. JM has two options:
1) Pay directly to a jeweler and I just pay the difference.
2) I pay upfront and get whatever I like. Then, they will reimburse the insured amount.

The second option is more complicated and riskier. That is why I didn't go with that option.

 

[CareBear]

I can answer that. JM has two options:
1) Pay directly to a jeweler and I just pay the difference.
2) I pay upfront and get whatever I like. Then, they will reimburse the insured amount.

The second option is more complicated and riskier. That is why I didn't go with that option.

Why can't you have JM pay WF, then have WF send the stone to VC for the setting? Is that not an option?

 

[ragrave]

Why can't you have JM pay WF, then have WF send the stone to VC for the setting? Is that not an option?

That is my initial plan but JM rep said no. They want to have everything processed through one jeweler.

 

[CareBear]

That is my initial plan but JM rep said no. They want to have everything processed through one jeweler.

Is JM paying for the setting too?

 

[ragrave]

Is JM paying for the setting too?

No since the stone costs more than the insured amount.

 

[CareBear]

No since the stone costs more than the insured amount.

JM won't let you buy a stone from WF and pay for just that? Really confused here because they aren't paying for the setting either way. Assuming JM only pays for a stone set in a ring, can't you have WF set the stone in their cheapest setting, get the payout from JM, then ship the ring to VC?

 

[ragrave]

JM won't let you buy a stone from WF and pay for just that? Really confused here because they aren't paying for the setting either way. Assuming JM only pays for a stone set in a ring, can't you have WF set the stone in their cheapest setting, get the payout from JM, then ship the ring to VC?

I know. That's what I told JM as well.

I guess I can do it your way but I have to pay extra for a WF setting and VC normally gives 10%off the setting. Basically, $1000+ more.

 

[the_mother_thing]

Since we cannot get IS of most of the oversea stones, how can we make sure it will be a good one?

Victor and Martin say that you cannot return the oversea stones. I feel that it is very risky...

This is precisely why I don’t (personally) like to dabble in ‘virtual inventory’, even if it IS returnable. I am also a ‘buy-it-now’er vs playing in auctions in things like eBay, so ... JMO, there are enough well-cut, amazing diamonds that are pre-vetted by experts in cut quality that it’s a risk I don’t feel is necessary, and the slightly higher cost is worth the peace of mind to me to be pretty much guaranteed a great performer. And - if I were in your shoes, with your budget - I would feel the same if not more strongly.

That said, I DO get the desire to get the most bang for your buck, but it’s a balancing act of managing your risk-comfort level, expectations, timeline, and requirements with your budget. Inevitably, something’s gotta give ... I found my ‘balance’ in finding and buying a WF Expert Selection diamond that had all of the ACA performance, but the fluoro knocked it out of ACA-branding consideration. I don’t regret my choice one bit since the fluoro’s only impact was on price (in my favor). That was my ‘something’.

 

[the_mother_thing]

That is my initial plan but JM rep said no. They want to have everything processed through one jeweler.

THAT stinks! And I’m glad you shared that. I just used JM for the first time to insure my MRB being set, thinking that I might move my insured collection from my homeowner’s rider to JM. This is a scenario I did not ask about when talking with JM, but you can be sure I will in due course, as well as my homeowners insurance, to see what they tell me are my options for loss replacement. My diamond and setting are from two completely different vendors, and the setting vendor has a relationship with a diamond dealer that is pretty much direct competition (and higher priced, from my searches) from where I bought my diamond. So while this stinks and I’m sorry that it seems you have VERY narrow ‘corridors’ within which to manage this replacement, I do thank you for sharing that tidbit of information!

 

[ragrave]

THAT stinks! And I’m glad you shared that. I just used JM for the first time to insure my MRB being set, thinking that I might move my insured collection from my homeowner’s rider to JM. This is a scenario I did not ask about when talking with JM, but you can be sure I will in due course, as well as my homeowners insurance, to see what they tell me are my options for loss replacement. My diamond and setting are from two completely different vendors, and the setting vendor has a relationship with a diamond dealer that is pretty much direct competition (and higher priced, from my searches) from where I bought my diamond. So while this stinks and I’m sorry that it seems you have VERY narrow ‘corridors’ within which to manage this replacement, I do thank you for sharing that tidbit of information!

Your welcome! Thanks for your suggestion as well.
I hope everything will work out fine.