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Why does one cost cost 60% more ? what is the diff ?

reallyanewbie

Rough_Rock
Joined
Dec 19, 2013
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23
Both are natural fancy vivid yellow diamonds

Diamond 1: size 1.04 carat Diamond 2 : size 1.01 carat
Distribution : Even Even
Clarity:VS1 vvs2
polish: vg Ex
sym: ex Gd

Table% 62 58%
depth % 61.8 62.2%
Girdle med-slightly thick(faceted) Medium to very thick(faceted)

Diamond 1 costs 60% more....why ?
 
Picture?
 
There is no picture. With stats so close, you think it could be a noticeable visual diff ?
 
Hi ReallyNewbie, welcome to the forum :wavey:

You have to keep in mind that diamonds aren't really something you can run down and match up as in a car for example where you can make a feature to feature comparison and cost break down. Each diamond is going to have its own characteristics and be different from any other diamond in the world.

If I was to take a guess, I would guess that the more expensive diamond has stronger color saturation. Fancy colored diamonds are categorized only within a few color grades where as white diamonds can go from D-Z. There is such a thing as a vivid yellow bordering on intense or a very strong vivid yellow. I've seen some vivid yellow diamonds from the Zimi diamond mine in Sierra Leone (that are known for being extremely beautiful vivid colors) and the color saturation is so strong that they appear to glow almost going into an orangey color. These stones would trade at a premium to the normal vivid yellow.

Of course this is just my guess and only you can make that determination with the help of the community here and maybe an experienced appraiser.


My Best,
 
Fancy colored diamonds are categorized only within a few color grades where as white diamonds can go from D-Z


-Appreciate the education, thanks
 
Outside of side by side visual, I can only guess that the market would not be that inefficient to price so differently. I saw both diamonds
on separate websites from whom I believe are reputable dealers. Thank you for the links. I'm getting the gist of why pricing on colored
diamonds would vary.
 
Is #2 a round, 6.24x6.32?
 
Both are graded by GIA?
 
yes, both gia
 
Two possibilities I can think of:
1. Since they are from different vendors, the vendors are likely to have different operating margins (overhead, purchase cost, profit, etc)
2. One FCD is closer to the upper range whislt the other FCD is closer to the lower range.
 
2. One FCD is closer to the upper range whislt the other FCD is closer to the lower range.

Yes, but neither sets off alarms for "this one is better then the other" ? It sounds like the only thing you can really do is do a side by side visual. The lower priced one is a vvs2 and has an "ex" polish, which makes it even more baffling, at least from a statistical view.
 
reallyanewbie|1387467563|3577457 said:
It sounds like the only thing you can really do is do a side by side visual.

Correct. Colour is everything when it comes to FCDs, polish and other factors are secondary.
 
My background is in the stock mkts, so there is a level of efficiency/transparency in stocks. But much of that is due to many buyers and sellers dealing in a commodity type product. So when I look at diamonds, and now fcd's, Its a mental wrestling match because, these fcd's
have such a smaller mkt , buyers/sellers. There is such a low supply of product, but I think diamond dealers are sharp and such discrepancies in price would really not be possible, or at the very least last. I cant do a side by side because I would have to buy both. At this point, I am hoping the more expensive one has a better visual. Maybe its more like doing comps in real estate, you have to get into the house/neighborhood to get a better feel. Unfortunately, being not in the business leaves me comparing stats. The internet helps alot. Getting help from those who have a good deal of exp is much appreciated. Thanks.
 
#2 seems to have a lot of obstruction.
 
Paper is paper, and diamonds are diamonds. Even with the paper as in the lab-report being identical on all the important matters, the diamonds are not the same. The price-difference is more dramatic in this example, for various reasons:

- The color-grades in fancy colors are wide, and can make for more of a visual difference than in the D-Z-range,
- There is no way to judge the life of such fancy color diamond on paper. One may be lively, the other one simply dull.
- Even in the D-Z-range, I see diamonds with identical paper, where I am happy to pay full price for the one, the other one 50% maximum. Unfortunately, the trade of D-Z worldwide is often one of paper, not of diamonds, so sellers can easily get away with charging almost full-price for the ones I value 50%. As such, you rarely see such swings in D-Z, although I consider the underlying value-difference to exist.

Live long,
 
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