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Is this Diamond Overpriced?


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#1 Tf30

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Posted 10 October 2005 - 02:29 PM

I am looking into purchasing a diamond which is a Lazare round Ideal cut .46 carot, H, SI2, in a 19 k white gold setting with .13 k worth of diamonds in the band part of it. The price I've been quoted is $3800 (Canadian $$ this is, since I am in Canada). It is part of the Lumina class as well.

I don't have the exact specs such as Culet, Table, Depth, etc..., but was just wondering if anyone could give me some input based on the clarity, color, size and other info I have provided above, as to whether or not I am being quoted too high of a price or not. From what I have seen on the net, it looks like I have been, but would love to get some other people's opinions.

Thanks!

#2 James Allen

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Posted 11 October 2005 - 01:55 PM

Tf30,

I don't know exactly the value of the setting, the current conversion rate from US to Canadian, the value (to you) of seeing and touching and feeling the diamond first, nor the premium associated with the Lazare "Lumina".

If you think the price seems high, however, then it probably is...
Jim Schultz
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#3 Certified

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Posted 12 October 2005 - 09:36 AM

Just a simple arithmetics:
Your option is .46 + .13 = .59 carat total weight. The gold, even it's 19K, will cost a hundred or two (except if it is an antique or exclusive fancy artwork). So, $3800 - $200 = $3600. Then, $3600/0.59 = $6101.69 per carat.

I assume that sellers at this forum could think otherwise, but in my, buyer's opinion six thousand (even canadian) $$ per carat is toooooo much for an SI2 half carat stone.

You can check the prices at Froogle: [url="http://froogle.google.com/froogle?scoring=p&q=0.46ct+Round+SI2+loose+diamond"][url]http://froogle.google.com/froogle?scoring=...2+loose+diamond[/url][/url]

#4 jan

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Posted 12 October 2005 - 11:02 AM

I will have to agree that $3800 Canadian is a little high for a .46 ct. SI1 H set in gold, even it were ideal cut. I know that we have a .77 ct. VS2 H ideal cut for the $2900 range.
Jan
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