Why not buy a VSI diamond with a not great cut, and have it recut?

[pearaffair]

Just wondering.

 

[ringo865]

$400-450 per carat to cut, insured shipping both ways and to lab. Cost of Lab report.

 

[Bron357]

You’d have to do the $$$ numbers to see if it’s worth the time, effort and money.
Carat weight loss, cost of cutting, shipping and insurance both ways, new lab report with shipping and insurance.
It would also depend on the carat size ie say it’s currently a 2.07 carat, you wouldn’t want it coming back as a 1.95 carat because of the 2 carat premium threshold.

 

[pearaffair]

You’d have to do the $$$ numbers to see if it’s worth the time, effort and money.
Carat weight loss, cost of cutting, shipping and insurance both ways, new lab report with shipping and insurance.
It would also depend on the carat size ie say it’s currently a 2.07 carat, you wouldn’t want it coming back as a 1.95 carat because of the 2 carat premium threshold.

Good point! It’d be a lot of time and energy and some money and a bit of chance.

 

[WinkHPD]

There are several threads about this, and some great input from some of the people here who are in the trade.

The reality is that it is exceedingly rare even for professionals to find a stone to do this with because of the weight dropping down into a lower price per carat category and other reasons. I spent the better part of six months going to pawn shops looking for such treasures twenty-five to thirty years ago. I should have stayed at the store and called clients rather than looking for unicorns.

I have had a few diamonds recut from estates for my clients who had poorly cut OEC's. The results were stunning, but the people who inherited the estate did not have to buy the diamonds to begin with and for the vast majority, they did not care about weight loss since they had no intention of selling the diamonds after they were recut.

It is hard to find those unicorns so tread carefully.

Wink

 

[pearaffair]

There are several threads about this, and some great input from some of the people here who are in the trade.

The reality is that it is exceedingly rare even for professionals to find a stone to do this with because of the weight dropping down into a lower price per carat category and other reasons. I spent the better part of six months going to pawn shops looking for such treasures twenty-five to thirty years ago. I should have stayed at the store and called clients rather than looking for unicorns.

I have had a few diamonds recut from estates for my clients who had poorly cut OEC's. The results were stunning, but the people who inherited the estate did not have to buy the diamonds to begin with and for the vast majority, they did not care about weight loss since they had no intention of selling the diamonds after they were recut.

It is hard to find those unicorns so tread carefully.

Wink

Makes sense! I will try to inherit some decent-sized diamonds

 

[WinkHPD]

Yes, that is the absolute best method.

Seriously, the sentimental value of such a diamond is beyond mere dollars. I highly recommend this method above all others.

Wink

 

[pearaffair]

Yes, that is the absolute best method.

Seriously, the sentimental value of such a diamond is beyond mere dollars. I highly recommend this method above all others.

Wink

I’m inclined to agree, which is why I’m trying so hard to do this good favourformy future descendants

I’m sure you’re familiar with the process!

 

[WinkHPD]

Yes! It is one of my happy/sad things. I have been in business long enough that many of my client's children now have come in to see me about their own diamonds. Sadly, I have now started to see some of those children to evaluate the treasures that their parents bought from me lo those many years ago.

While I am happy to see those "children, many of whom I have known for their entire lives, I mourn the loss of my friends who left them the treasures.

Wink

 

[pearaffair]

“Grief is the price we pay for love” - Brené Brown

Or as I like to say: it is a privilege to know someone worth missing.