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enhanced diamond


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#1 jghawkins1

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Posted 23 June 2006 - 04:26 PM

I would like to sell a diamond and just found from a reputable jeweler that it is an enhanced diamond. It was an engagement ring 13 years ago and I never had the 'papers'-I now know why! Could someone give me a little guidance on selling it? It is round cut, 2.64 carats, F in color and is I1. Thank you! It really is a beautiful stone.

#2 denverappraiser

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Posted 23 June 2006 - 05:41 PM

CE diamonds are pretty tough to sell but some people on ebay seem to do ok with them. If you don't have any documentation, what's the source of the grading information?

Neil
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#3 jghawkins1

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Posted 24 June 2006 - 05:15 AM

The local jeweler sent it out to have it looked at-should I be suspect? He has offered me $3500 for it-he said if it was not a CE stone it would be worth around $9-10 K. Should I ask him where he sent it to have it looked at? Thank you for your reply.

#4 denverappraiser

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Posted 24 June 2006 - 05:38 AM

Darned right you should be suspicious. Your entire basis for valuation is a grading claim being made by an unidentified source who was working on behalf someone who wants to buy it from you! I’m going to presume this is your basis for deciding that it’s clarity enhanced as well. Find an independent appraiser, meaning someone who doesn’t buy or sell, and get their opinion directly. They should be working for you, not for the buyer. Your guy may very well be right, but your putting an awful lot of faith in a stranger who stands to make a pile of money by misleading you.

Knowledge is power. You need more power.

Neil Beaty
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Neil Beaty
GG(GIA) ICGA(AGS) NAJA

There's never a crowd when you go that extra mile.
Professional Appraisals in Denver