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Please Help - Need Advice As To Purchase


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#1 jpo1959

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Posted 24 April 2007 - 05:31 AM

I would greatly appreciate any and all advice! I have the opportunity to purchase the following:

Princess cut diamond
2.0 Carats
Measurements: 7.17-6.53-5.25
VS2
H
Culet size: Pointed
Girdle: thin to slightlly thick
Table diameter: 78.5%
Polish and Symmetry: Good
Proportions: Very Good
Flourescence: None
Report: IGI
PLatinum Band with .20 diamond sidestones
Price: $7,500.00

This is an individual seller who claims to be selling due to break-up.

Thanks

Jpo1959

#2 denverappraiser

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Posted 24 April 2007 - 05:37 AM

Superficially, the price is fine but I'm sure you already knew that. Get it appraised by someone who is working for YOU, not for the seller. IGI grading is often significantly different from GIA grading and it makes the shopping process remarkably difficult with their stones. A few grades can make a big difference and the discrepancies never seem to be in your favor. Make sure to ask the appraiser about any damage that may have occured since IGI inspected it. This can be a problem with private sellers who may not even know that their stone is damaged and who are relying on paperwork given to them at the time of purchase for their sale.

Neil

Edited by denverappraiser, 24 April 2007 - 05:43 AM.

Neil Beaty
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Professional Appraisals in Denver

#3 jpo1959

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Posted 24 April 2007 - 05:47 AM

View Postdenverappraiser, on Tuesday, Apr 24 2007, 09:37 AM, said:

Superficially, the price is fine but I'm sure you already knew that. Get it appraised by someone who is working for YOU, not for the seller. IGI grading is often significantly different from GIA grading and it makes the shopping process remarkably difficult with their stones. A few grades can make a big difference and the discrepancies never seem to be in your favor. Make sure to ask the appraiser about any damage that may have occured since IGI inspected it. This can be a problem with private sellers who may not even know that their stone is damaged and who are relying on paperwork given to them at the time of purchase for their sale.

Neil

Neil

Thanks for the advice. I'm looking for a local appraiser.

Jpo1959