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Gerry TheJeweler

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    San Clemente - California
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    Obsessed with all to do with diamonds and engagement rings :)

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  1. Nicely put everyone...With regard to firetrace... View it as a sales tool, that's all it is from the seller's side. If it is not industry recognized as a grading system, ignore what it says - plain and simple. Next year another "Best light trace refracom-a-thingy which grades this stone as Quadruple Excellent" Ignore what that says. GIA certificate, or GIA certified appraiser at least, what does that certificate say. That is pretty much the important stuff to look at. Everything else is a sales tool. Keep that in mind. Good luck! Did you buy these yet?
  2. It all plays a role, but it depends what is on the market in bluenile's vendors inventory the time that you are shopping. I just checked from a few of my loose stone guys and a 1.01 E VS1 Excellent GIA is like $9400 tiny feathers right near the edge of the stone. Of the 2 stones you've got showing there... I would still stick with the no fluorescence, inclusions off to the side. I'm overly fussy like that though lol!
  3. @ Global... Get a price list from your contact. Go to stores with it, and see if you can sell any. Work from there. Best of luck. Gerry
  4. WOW! Great comment angelaserena! How can we learn more?
  5. I would ask if the inclusions are black. Also, I notice the inclusions are off to the side which is perfect! Make sure you request that the diamond setter covers that portion of the diamond with one of the prongs Good luck! Gerry
  6. Gemscan's reputation is definitely better than it used to be. But they were known forever in the industry as Gemsa(m) for the same reasons that IGI and EGL have their own reputation. That is the reputation of VERY loose grading standards. It's not if a company is the best or worst. It's that they throw ethics out of the window when grading diamonds for big stores. I wouldn't say any of them are 'the worst', but why deal with any product graded by unethical grading practices? That is just my over fussy opinion though
  7. I like diamonds like this with the inclusion off to the side, personally - and clients loved the idea of the fact that I could mount the diamond, cover up the inclusion with a prong, and now you don't see anything at all. If the inclusion is close enough to the edge that is. As Barry said, get some high res photos from the jeweler via email. That would help big time!
  8. Yes Commodities are volatile yes. Gold is a commodity. Remember when gold was at $250/oz? Those were 30 year lows. I made money there, easy money. Who are the biggest players in commodities? Why do the same 5% seem to rake in huge cash while the other 95% lose their shirts? These are the questions one needs to ask. Are day traders smart? Are long term traders wiser? Now my philosophy, was to repeat what I did with gold. Look for commodities that were at 10-20-30 year lows. And guess what? I haven't lost yet... So volatililty only affects gambling style day traders and traders who don't understand the market prices and where they are... Where a broker (ahem) would call a client and say, 'Hey gold is really moving, you should put money there!" or 'Hey corn is really moving you should put some money there.' other traders would say, ok -yes get me in on that - and I would say "EF that! Those markets haven't been this high in 25 years, I'm not putting cash in that." You know where I'm going, the idiots that listen to the brokers instead of studying the price of a commodity - that is the guy who loses large. So back to the diamonds Then, you know what are going to do already - as I said in the previous post - this advice sought is not really sought, so once the real advice is given it will fall on deaf ears... You already have your plan, buy them as collectibles and gifts, that is a good plan. You sound like a good, smart guy. Guitars, I have no experience with that, but you're right for sure on the whole collectible guitars, my dads neighbour owns a pawn shop and retails pre-owned guitars, some rare ones too and its crazy what people will pay! That I don't understand so well, but I've seen how low he can buy, and how high he can sell these things. Diamonds, I understand inside out. I wouldn't tie up any cash in them, unless I was back in a retailing environment. All the best!
  9. Yeah, if the jeweler can provide you with that diagram, you definitely can get a little better advice for sure.
  10. I used to own a shop right across from Peoples Jewellers in Canada (which is owned and operated by ZALES Corp.) The reality is, if you get their 100+ facet diamond, and hold it next to a GIA certified Excellent cut in a round brilliant cut, with all variables in the color and clarity the same... The Excellent cut 58 facet blows it (Zales 'Here comes the pitch' diamond) out of the water period. Do not take that bait That being said, they do not have it the carat weight that you want, so that's good! I checked with one of my former brokers, for GSL (gemscan), EGL, or IGI certified - you can do way better on price than what you see at Zales. I'm talking prices in the range of $25,000 to $35,000. Let me ask you this, is the price you are being quoted including your diamond on a trade-in? I hope not!!!
  11. I would go the first one as well. When choosing diamonds for stock and custom pieces, that smaller table tightens and brightens everything up nicely in my opinion. Both gorgeous stones though. But #1 option for me, is the first one.
  12. Not a great plan... I've seen this played out many times in my life... I've been in the business first as an apprenticed bench jeweler since the age of 9, and in my own diamond business for the last 10 years that I was in Canada. Heed the warnings, but in my experience, the warnings will be ignored and the 'investor' will jump the band wagon of investment diamonds nonetheless... All the while wondering why he cannot liquidate stock in 5-10 years at a profit, wishing that the advice here would have been taken more seriously. On the flip side, I took $100,000 and turned it into $398,000 in the commodity marketplace in a little less than 1 1/2 years. Now that is something that I would recommend if you have cash flow, and that is from someone who was in the biz
  13. I would go for the 0.70ct as well, but ask for a plotting diagram on these stones, that would definitely help in getting some advice on these. Where are the inclusions, is there any black inclusion in the stone etc. Just to clarify, you wouldn't be going up to H or I, you would be going down. The price would go down as well. Keep us posted, and good luck!
  14. I agree with denverappraiser here, I on this issue prefer GIA across the board, and only shop GIA certified. To each their own...
  15. OOOOOO..... AAAAAAAAH! That is a nice one too.
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