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Price Quote?


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#1 tomodonnell

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Posted 05 May 2002 - 04:22 AM

I recently purchased a round brilliant stone with the following proportions:
2.00 carat
Depth=65.9%
Table=57%
Girdle:Medium Faceted
Culet:None
Polish:Very Good
Symmetry:Good
Clarity:SI1
Color:G
Fluorescence:None
All the measurements came from the GIA Report with the stone.

The stone appraised for a considerable amount more then I paid for it(+5,000) at an independant appraiser - I am trying to see if I got a good deal or if something is wrong with the stone. The jeweler I purchased it from was a "friend of a friend".
Thanks for your help!

#2 jan

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Posted 06 May 2002 - 06:38 AM

$5000 is pretty cheap for a 2.00 ct. diamond so I'm sure your stone appraised for more. The cut grade is not that great with a lot of fat in the depth of the stone. More than likely it looks much smaller than most 2.00 ct. well cut stones.
It would also be helpful if you had the crown angle and pavilion angle.
Although the 65.9% total depth is telling in itself, you would know which proportion is making it deep.

Jan
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#3 betterthandiamond

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Posted 06 May 2002 - 08:41 PM

I would not rely on an appraisal to tell you whether you got a good deal - appraisals are almost always high to give you the 'feel good' factor. Then you go and pay the insurance company to insure it at the "appraised value" which they are happy to do, b/c you pay the premium for the inflated value. If you lose the diamond, you don't get cash, you get a replacement diamond, which they can get for cheaper than you most likely paid. Go to bluenile.com, or other places that list prices online, and look for a diamond of similar specs and compare what you paid.

Additionally, the GIA report will often not tell you enough about the stone to tell you everything you need to know if you are serious about discerning the quality of the diamond you purchased.

Ask for a brilliancescope report and a mega-scope or Sarin analysis, and see where you stone falls based on cut analysis. 98% of a diamonds beauty is based on cut, and its value can vary by 40% depending on how well cut it is (all other factors being the same).

I doubt that anything is 'wrong' with the diamond you bought. Whether you got the best deal or the most beautiful diamond for the same amount you spent is a different issue, and you'll need to get more info on the diamond to learn about that.

Hope that helps!
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