Hey,
I've been on quite the engagement odyssey, having put 3 different stones and 3 different rings on layaway in 5 different stores/websites over the last 2 months. My girlfriend and I had been settled on a nice GIA certified 0.9 ct SI1 H with a "good" cut at shane company for $3500, when she heard about Genesis diamonds. We went to their store in Nashville and found a EGL certified 0.9 ct SI1 E with an "excellent" cut for $3700. That was after a little negotiating with the owner, Boaz Ramon, who apparently worked as a wholesale diamond distributor before opening his own small chain of jewelry stores. He seemed like a pretty nice guy, and I can't argue with the beautiful diamond or the certificate, but it almost seems too good to be true. Has anyone ever heard of this chain or proprietor? Are the advantages of going with a chain store worth the difference in quality/price? Is that really a good price? Should I be worried about it having an EGL certificate as opposed to a GIA? This seems like the right place to go for help, so any advice would be appreciated. Thanks!
0
Genesis Diamonds By Boaz Ramon?
Started by mechagodzilla, Nov 23 2010 02:03 PM
4 replies to this topic
#2
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- Member
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- 33 posts
Opal
- Gender:Female
- Interests:Bringing people together
Posted 23 November 2010 - 03:31 PM
How are you going to propose?
www.theheartbandits.com
www.theheartbandits.com
mechagodzilla, on 23 November 2010 - 02:03 PM, said:
Hey,
I've been on quite the engagement odyssey, having put 3 different stones and 3 different rings on layaway in 5 different stores/websites over the last 2 months. My girlfriend and I had been settled on a nice GIA certified 0.9 ct SI1 H with a "good" cut at shane company for $3500, when she heard about Genesis diamonds. We went to their store in Nashville and found a EGL certified 0.9 ct SI1 E with an "excellent" cut for $3700. That was after a little negotiating with the owner, Boaz Ramon, who apparently worked as a wholesale diamond distributor before opening his own small chain of jewelry stores. He seemed like a pretty nice guy, and I can't argue with the beautiful diamond or the certificate, but it almost seems too good to be true. Has anyone ever heard of this chain or proprietor? Are the advantages of going with a chain store worth the difference in quality/price? Is that really a good price? Should I be worried about it having an EGL certificate as opposed to a GIA? This seems like the right place to go for help, so any advice would be appreciated. Thanks!
I've been on quite the engagement odyssey, having put 3 different stones and 3 different rings on layaway in 5 different stores/websites over the last 2 months. My girlfriend and I had been settled on a nice GIA certified 0.9 ct SI1 H with a "good" cut at shane company for $3500, when she heard about Genesis diamonds. We went to their store in Nashville and found a EGL certified 0.9 ct SI1 E with an "excellent" cut for $3700. That was after a little negotiating with the owner, Boaz Ramon, who apparently worked as a wholesale diamond distributor before opening his own small chain of jewelry stores. He seemed like a pretty nice guy, and I can't argue with the beautiful diamond or the certificate, but it almost seems too good to be true. Has anyone ever heard of this chain or proprietor? Are the advantages of going with a chain store worth the difference in quality/price? Is that really a good price? Should I be worried about it having an EGL certificate as opposed to a GIA? This seems like the right place to go for help, so any advice would be appreciated. Thanks!
Michele
www.theheartbandits.com
blog.theheartbandits.com
www.twitter.com/theheartbandits
[url]http://www.facebook.com/pages/The-Heart-Bandits/150480294993560[/url]
www.theheartbandits.com
blog.theheartbandits.com
www.twitter.com/theheartbandits
[url]http://www.facebook.com/pages/The-Heart-Bandits/150480294993560[/url]
#3
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- A-List Jeweler
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- 3,166 posts
Ideal Diamond
- Gender:Male
- Location:Switzerland
Posted 23 November 2010 - 03:57 PM
mechagodzilla: I think you'd get more attention for this in "the Rock" section of the forum.
I'll just answer the easy question in your list. Should you be worried about an EGL certificate? Unqualified yes.
I'll just answer the easy question in your list. Should you be worried about an EGL certificate? Unqualified yes.
Davide - Specialised Consumer Information and Assistance,
Diamonds by Lauren (http://diamondsbylauren.com)
davide@diamondsbylauren.com
Diamonds by Lauren (http://diamondsbylauren.com)
davide@diamondsbylauren.com
#4
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- Member
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- 10 posts
Silver
Posted 24 November 2010 - 04:24 AM
Hi Mechagodzilla,
$3500 is about right for a 0.9 H SI1 with Excellent cut, symmetry and polish, no fluorescence and a diameter of about 6.2m.
1: Check all the attributes, Cut, polish and symmetry grades
2: check fluorescence
3: check measurements
As the stone you mention has a good cut grade it is quite likely that its proportions are not great. You may be buying a stone that is deep with a small surface area making it look smaller than a regular 0.9 carat. Without seeing the other attributes its hard to give you a precise fair price but I can tell you for sure that $3500 is too much for the one you describe as it has a good cut grade. The swing in price across these vital attributes is significant so be careful.
4: If you buy an EGL graded diamond make sure you pay the right price and expect it to be up to 2 grades out. Some EGL labs are better than others but generally speaking they are so loose with their grading its bordering on fraud. Just to give you an idea for a GIA E SI1 with good cut, symmetry and polish you would be expected to pay around $3500-$3600 and for one with Excellent across the board you might be looking at $4000-$4300 pre tax.
Ask your self why would an EGL diamond be cheaper than a GIA certified diamond which has the same attributes. And the answer is because they are not the same, no retailer in their right mind would sell a diamond for less than what it should be worth. So if you want to be sure you have a diamond that corresponds to the grading report then go for the GIA graded one.
Best of luck
Bud Mulki
[url="http://www.giadiamondjewellery.com/contact-manchester-jewellers-diamond-engagement-rings.html"]Manchester Jewellers[/url]
$3500 is about right for a 0.9 H SI1 with Excellent cut, symmetry and polish, no fluorescence and a diameter of about 6.2m.
1: Check all the attributes, Cut, polish and symmetry grades
2: check fluorescence
3: check measurements
As the stone you mention has a good cut grade it is quite likely that its proportions are not great. You may be buying a stone that is deep with a small surface area making it look smaller than a regular 0.9 carat. Without seeing the other attributes its hard to give you a precise fair price but I can tell you for sure that $3500 is too much for the one you describe as it has a good cut grade. The swing in price across these vital attributes is significant so be careful.
4: If you buy an EGL graded diamond make sure you pay the right price and expect it to be up to 2 grades out. Some EGL labs are better than others but generally speaking they are so loose with their grading its bordering on fraud. Just to give you an idea for a GIA E SI1 with good cut, symmetry and polish you would be expected to pay around $3500-$3600 and for one with Excellent across the board you might be looking at $4000-$4300 pre tax.
Ask your self why would an EGL diamond be cheaper than a GIA certified diamond which has the same attributes. And the answer is because they are not the same, no retailer in their right mind would sell a diamond for less than what it should be worth. So if you want to be sure you have a diamond that corresponds to the grading report then go for the GIA graded one.
Best of luck
Bud Mulki
[url="http://www.giadiamondjewellery.com/contact-manchester-jewellers-diamond-engagement-rings.html"]Manchester Jewellers[/url]
#5
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- A-List Member
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- 252 posts
Rough Diamond
- Gender:Female
Posted 24 November 2010 - 05:39 AM
Hello!
I think it's not a bad thing if you chose to believe in EGL certificate.
because in someway, one can truly appreciate their jewelry regardless of its certification.
On the techie side of finding the best deal or the perfect e-ring...
You may check older threads, or use our 'Diamond finder' tool by then you'll understand why
GIA is preferred by the majority.
Boaz Ramon is also selling GIA certified diamonds, maybe you
can settle for a lower carat weight, lower color.
Keep us posted
I think it's not a bad thing if you chose to believe in EGL certificate.
because in someway, one can truly appreciate their jewelry regardless of its certification.
On the techie side of finding the best deal or the perfect e-ring...
You may check older threads, or use our 'Diamond finder' tool by then you'll understand why
GIA is preferred by the majority.
Boaz Ramon is also selling GIA certified diamonds, maybe you
can settle for a lower carat weight, lower color.
Keep us posted
