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Yellow Diamond From Bluenile?


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#1 Argonomic

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Posted 15 January 2011 - 11:55 PM

My SO has expressed these particular desires when it comes to an engagement ring:

Yellow diamond, oval, set vertically between two smaller clear stones. She also doesn't want the diamond raised too high because she thinks it would be inconvenient.

She also designs jewelry so this may be a bit more difficult than normal.

I looked at bluenile.com and they have a few yellow diamonds, but they won't let you build a ring online with them. These two stood out:

[url]http://www.bluenile.com/fancy-yellow-oval-diamond_c-LD00428103[/url]
[url]http://www.bluenile.com/fancy-yellow-oval-diamond_c-LD00428134[/url]

Is the 1.3 appreciably different enough to justify being about 50% more expensive? Seems like a big jump.

One of the reasons I'm considering bluenile is that if she wants to re-set (or even change out?) the diamond, there is a window in which they will do that. I don't know if that is standard. Sounds like a good idea in my case.

Another question is, sort of an odd one,but: Is the yellow/rare quality of these diamonds "enough" to make up for how much smaller they are than clear diamonds of the same value? I feel like perhaps I should look at more traditional but larger stones instead.

Thoughts are appreciated. New to this :)

Thanks.

#2 davidelevi

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Posted 16 January 2011 - 01:42 AM

View PostArgonomic, on 15 January 2011 - 11:55 PM, said:

My SO has expressed these particular desires when it comes to an engagement ring:

Yellow diamond, oval, set vertically between two smaller clear stones. She also doesn't want the diamond raised too high because she thinks it would be inconvenient.

She also designs jewelry so this may be a bit more difficult than normal.
As long as you get someone that you can speak to and who is competent at setting yellow diamonds (BN may or may not be easy to speak with - they always give me the impression of being rather "one size fits all" with settings, and coloured diamonds are not their specialty), that should not be a problem.

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I looked at bluenile.com and they have a few yellow diamonds, but they won't let you build a ring online with them
This is most likely because they don't have the diamond in stock (BN never does - that's their business model) and since fancy colours are not their ordinary trade, they may want or need to speak to the customer and/or the supplier before they commit. Just look at the fact that BN is currently advertising 45 fancy colour diamonds in all, against several tens of thousands of D-Z...

Also, to have the best colour effect, you should probably set the stone in yellow gold, and this may mean a two-metal ring, since now all yellow is out of fashion. Again, not something that BN has in stock or on the website, and may need special ordering.

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These two stood out:

http://www.bluenile....nd_c-LD00428103
http://www.bluenile....nd_c-LD00428134

Is the 1.3 appreciably different enough to justify being about 50% more expensive? Seems like a big jump.
It's a tough question. By the way, once you normalise for the slight difference in weight, the price per carat is about 33% different, not 50%, but it is still a lot. So, why?

  • Firstly, one is IF clarity, the other one is VS1. And although they will look exactly the same to you or anyone else without a loupe (and even with a loupe, once they are set in a ring), it still makes for a significant difference in price. With a colourless diamond it would be more than enough to justify the difference; with fancies, clarity matters much less than the other two reasons.
  • Secondly, the colour grades in Fancy Colours are much broader than those in the D-Z part of the spectrum, and there is no way for you to know whether a "Vivid" is bang in the middle of the range (most expensive) or close to "Intense" or "Deep" (less valuable) without seeing the diamond and comparing it. However, any variation in colour hue or intensity will have a large impact. If - for example - one of the two is the purest of pure yellow, and the other has a smidgen of orange or brown, the one with the pure colour is worth up to 50% more, although I for one would prefer the other one aesthetically!
  • Thirdly, you know nothing at all about how these diamonds are cut. One may have a big bow-tie or not be very sparkly, while the other is excellently cut. Forget any "rules" or "ranges" that you may have seen for D-Z diamonds. They are not very useful anyway, but they are totally useless for fancies. You need to see the stones to decide.

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One of the reasons I'm considering bluenile is that if she wants to re-set (or even change out?) the diamond, there is a window in which they will do that. I don't know if that is standard. Sounds like a good idea in my case.
Any decent dealer will offer a return period. Blue Nile's is at the higher end, but not exceptional.

Quote

Another question is, sort of an odd one,but: Is the yellow/rare quality of these diamonds "enough" to make up for how much smaller they are than clear diamonds of the same value? I feel like perhaps I should look at more traditional but larger stones instead.
The difference between a D colour and a Fancy Yellow (roughly the same price/carat) is that the Fancy Yellow is much much rarer than the D in terms of the number of stones found. A Fancy Vivid Yellow is several times (10x - 15x) more difficult to find than a Fancy Yellow, and it is truly a rare find. So much for absolute rarity. If I were to hazard a guess, good fancy colour diamonds will grow more in value than good colourless ones - precisely because they are truly rare, rather than a market artefact.

If you were to set your sights on a "normal" Fancy Yellow instead of a Vivid, you'd get the same size - and the same caveats - as with a top grade colourless. If your SO has expressed interest for a yellow, though, I'd stick to it. You'll have plenty of opportunities to give her a present with a colourless diamond later, and there will be plenty of colourless diamonds for you to find.

Quote

Thoughts are appreciated. New to this :)

Thanks.

Well, to confuse you further, here is another one for you to think about:

http://rockdiamond.c...ia-canary-r3743

And note that these are photos of the actual diamond rather than stock photos as on the BN site...

Edited by davidelevi, 16 January 2011 - 01:47 AM.

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#3 denverappraiser

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Posted 16 January 2011 - 07:12 AM

Custom design isn't really Blue Nile's strong suit and it seems like an important component in your plans. Most custom jewelers are prepared to either supply you stones or to work with stones that you supply from some other source (like BN or RockDiamond above) but I would recommend getting them involved early in the process.
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#4 Argonomic

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Posted 16 January 2011 - 09:51 AM

Quote

Well, to confuse you further, here is another one for you to think about:

[url="http://rockdiamond.com/index.php/jewelry/loose-diamond-150ct-fancy-vivid-yellow-vs2-gia-canary-r3743"][url]http://rockdiamond.c...ia-canary-r3743[/url][/url]

And note that these are photos of the actual diamond rather than stock photos as on the BN site...



Looking at that web page, if I had this setting with that diamond, it would fit the description she provided:

[url="http://rockdiamond.com/index.php/jewelry/ring-gia-101ct-vs2-fancy-vivid-yellow-diamond-ring-with-rbc-side-stones"][url]http://rockdiamond.c...rbc-side-stones[/url][/url]



#5 davidelevi

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Posted 16 January 2011 - 11:23 AM

Not a problem. Something that also looks very nice is three ovals, or side half moons. Ignore the colours - just as an example of what a 3 oval or an oval + half moons (plus or minus bullets) looks like

http://rockdiamond.c...-sapphire-r3194
http://rockdiamond.c...ond-in-platinum
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#6 Argonomic

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Posted 23 January 2011 - 09:17 AM

Thanks for your help.

I ended up ordering that yellow diamond from rockdiamond.com, they are setting it between two smaller round white diamonds. I'm happy so far, won't have the ring for a couple weeks yet.


#7 davidelevi

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Posted 23 January 2011 - 09:38 AM

Congratulations! It's a great stone. Please let us know how it goes with the ring, and above all with the proposal.
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#8 LaurieH

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Posted 23 January 2011 - 09:52 AM

Glad you were able to find something--yellow diamonds are trickier to find online because so much of the market focuses on the white diamonds. We look forward to you coming back and showing off your ring once you have it in hand :) (or on hers ;) ) Congrats in advance :)
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#9 jan

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Posted 24 January 2011 - 11:30 AM

It's a good idea to see an actual photo of the stone versus a sample photo. There is signficant differences in the colored diamonds so buying without seeing an actual photo could be a problem.

What did you end up with? I saw plenty of GIA grade vivid yellow ovals for less that your first 2 examples above. For example a 1.25 ct. Fancy Intense Yellow Chameleon for under $10,000.

Edited by jan, 24 January 2011 - 11:34 AM.

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#10 maude

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Posted 24 January 2011 - 04:27 PM

Congratulations! Can't wait to see pictures of it.

#11 HeartAndStone

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Posted 25 January 2011 - 12:28 PM

View PostArgonomic, on 23 January 2011 - 09:17 AM, said:

Thanks for your help.

I ended up ordering that yellow diamond from rockdiamond.com, they are setting it between two smaller round white diamonds. I'm happy so far, won't have the ring for a couple weeks yet.


We're glad to hear that! I love yellow diamonds too, that's a good choice!
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#12 AN0NYM0US

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Posted 26 January 2011 - 04:32 AM

Congratulations Argonomic!

Please keep us updated.




#13 Argonomic

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Posted 05 February 2011 - 11:25 AM

Hello again. Thanks for all the kind words. It is much appreciated.

So the ring is nearly complete and I the proposal date is feb 15th, the one year anniversary of a very nice post valentines date we had. Or rather it was the proposal date.

She revealed last night that she looked into it some more and she doesn't want a diamond that is too yellow (canary yellow) because it would not look like an engagement ring. She didn't realize that the yellow diamonds she looked at with her friend were light yellow.

So I am in a kind of tough spot. Also could have slept better last night!

#14 LaurieH

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Posted 05 February 2011 - 12:07 PM

I'm sure whatever you present her with, she will love it--and if she doesn't--well, just make sure you have a reasonable return policy on the ring and if she loves the ring but would like a ligher color diamond, you return the ring to them to unset the stone, get your mounting back, and start the process together. Trust me--the girl does not say "yes" to the ring--she says "yes" to the man--the ring is just the bonus :) And it sounds like you have absolutely nothing to worry about in that department :)
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#15 Argonomic

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Posted 05 February 2011 - 01:05 PM

Yeah that is what I have been leaning towards. Thanks!

#16 davidelevi

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Posted 06 February 2011 - 12:46 AM

Don't worry. We'll make it work. Whether it's that stone or another one! (And I'd be surprised if she didn't like it)
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#17 davidelevi

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Posted 22 February 2011 - 01:58 PM

Hey Argonomic - how's it going?
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#18 matekat

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Posted 01 March 2011 - 10:42 AM

the best colour effect, you should probably set the stone in yellow gold