2 replies to this topic

[sigep611]

I want to buy my girlfriend a ring. I found one she would like. I'm not sure why it is so cheap. It almost worries me. It is EGL certified, and appraised at 2x the value. Here at the stats, pls tell me what you think. I guess I"m worried about the cut??? I'm new..pls help.

Weight 1.01 ct

Shape: Square Emerald step (Asscher)

Measurements: 5.44 x 5.31 x 4.04 mm

Proportions

Depth: 79.1%
Table: 73%
Crown: 11.8%
Pavillion: 58.9%
Girdle: Thick Polished

Culet: None

Finish
Polish: Very Good
Symmetry: Good to Very Good

Clarity Grade: Vs2

Color Grade: D

Floresence: Faint

[jan]

The reason the price is less first of all is probably because it has an EGL lab report versus a GIA one. They are generally not as strict with color and clarity, plus they use inflated appraisals to make you think you are getting a deal. Secondly the stone is overly deep and will look smallish for the weight. It would be like buying a steak with an extra 20% fat.

[denverappraiser]

Many ‘appraisals’ aren’t very helpful. Make sure you understand what they mean by the value that they are assigning. It’s often explained in the fine print on the back or at the bottom of the appraisal and it probably means something very different than what you think. EGL-USA is affiliated with just such a company and their stones are often accompanied by an unsigned report giving a theoretical asking price at an unnamed, unidentifiable, and very expensive store. It’s like saying gas is worth $8/gal. because some gas station somewhere might try to charge that much. They don’t even need to make any sales, just ask a price. A 50% or 90% savings may not be a bargain if you don’t understand what it’s discounting FROM.

Neil Beaty
GG(GIA) ISA NAJA