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Jonathan

Considering Four Mine for purchase

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Hello All, 

As I'm very new to this realm of collecting and trading, I need some advice.  I've never purchased a diamond however do collect time pieces(watches) and understand that hobby quite well.  That being said, I've put in about 40 hours of digging online to learn as much as I can about the diamond trade.  At this point I really still don't know much compared to a trained professional.  I want to stretch my budget and impress for around 5500.  I was thinking of buying an  ~1.5  Carat, L Color, Excellent cut/finish/symmetry with an eye clean appearance.  I plan on a rose gold setting.  It seems like Four Mine is the only company that can deliver a GIA diamond at this price.  Are they reputable among veteran buyers?  Every review of the company I come across seems homogeneous, disingenuous and the reviews don't tend to be very descriptive.  This makes me weary.  Typically I ask a forum when I hit this sort of road block.  Also, is this a good buying plan?  Call me crazy, I like the off color diamonds and with rose gold it should look great right?

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Nearly all of the vendors here have offerings that meet your specs but I’m much more inclined to wonder about your objectives.  Trading?  Meaning you’re planning on buying and selling at a profit?  Be aware, that’s HARD.  Selling diamonds is not easy.  If your plan is to become a jeweler, there’s quite a bit more to it than this. The hard part is in selling, not buying. 

 

 'Rose gold setting' can cover a lot of ground as well. It depends on the details. This alone can range from a few hundred to your entire budget.  


‘Eye clean’ isn’t part of the grading standards and most of the cheaper stones on this are being sold 100% off of the documents, meaning no eyes have looked at it who will report to you, but here’s a list of 85 1.50+, SI1+, L+, GIA, ex+ (note: I haven’t seen any of these either. I haven’t even looked at the ads. This is just a database filter)

Yes, Fourmine is a reputable company.
 

There's nothing crazy at all about liking color. FWIW, I wear a 'K' every day in my own ring. 


https://www.diamondreview.com/diamonds?sortOrder=price&sortDesc=1&fShape=Rnd&fCaratLo=1.50&fCaratHi=1.90&fColorLo=L&fColorHi=L&fClarityLo=FL&fClarityHi=SI1&fCutLo=exc&fCutHi=exc&fDepthLo=50.0&fDepthHi=80.0&fTableLo=40.0&fTableHi=80.0&fSymLo=&fSymHi=poor&fPolLo=&fPolHi=poor&fCulLo=&fCulHi=vlarge&fFlrLo=&fFlrHi=vstrong&fPriceLo=0&fPriceHi=5500&fLabGIA=1

Edited by denverappraiser

Neil Beaty

GG(GIA) ICGA(AGS) NAJA

 

There's never a crowd when you go that extra mile.

Professional Appraisals in Denver

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One addition to Neil's comments: if trading is not the objective (or even if it is), but you do find yourself constrained in terms of budget, the easiest thing to do is to relax your "1.50" constraint to include stones say from 1.30 ct upwards.

  • Thanks 1

Davide - Specialised Consumer Information and Assistance,
Diamonds by Lauren (http://www.diamondsbylauren.com)
davide@diamondsbylauren.com

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Thanks guys,

I am buying one ring for one person- no intentions of doing anything other than that.  My goal is to blow her away!  She has no idea I'm on the hunt and we have been together a looooong time.  I found this below, only thing is that it says "internal graining is not shown." I have no idea...

https://www.fourmine.com/shop/diamond/2826190222?utm_source=diamondreview&utm_medium=cpc&utm_campaign=diamondreview2018

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Internal graining is not a problem in a VS2. Cut is good but not super super super - based on the paper; in reality  Faint brown set in rose gold may look pink (if you wear rosy tinted glasses) or fairly brownish (if you think the world is... erm... OK). Seriously - it can look good, but it does tend to enhance the tint. IF she is happy with that she may be delighted with the result; if she is expecting a fairly colourless effect, beware.

Here is an example of what can happen - it's a radiant (which will tend to show more colour than a round), and it's a L rather than a K, but it might give you an idea. FWIW, I like it a lot (and I saw this ring in person, and liked it a lot too), but it's not for everybody.

http://www.diamondsbylauren.com/index.php/jewelry/soldthree-stone-diamond-ring-200-light-brown-radiant-diamond-vvs2-gia-emerald-sides

  • Haha 1

Davide - Specialised Consumer Information and Assistance,
Diamonds by Lauren (http://www.diamondsbylauren.com)
davide@diamondsbylauren.com

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A fair amount of the 'blow her away' effect comes from the mounting, not just the diamond.  You may want to start there and then use the remainder to set your diamond budget.  The stone you picked is already overbudget and add a $1000 ring to that and we're talking a fair amount over budget.

 


Neil Beaty

GG(GIA) ICGA(AGS) NAJA

 

There's never a crowd when you go that extra mile.

Professional Appraisals in Denver

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My budget is 6k total.  I mainly wanted to know that I could trust Four Mine if I decide to move forward.  Would I be better off finding a different company for the setting.  I get the feeling they are not stellar in that department. Just from the limited adverse reviews.  Or do you have different advice on that?

 

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I haven’t seen that many of their pieces but, again, it’s going to depend on what you want. Some things are difficult to make and are proprietary designs. Some come out of the same factory for every store and require little more than sizing and setting.  In general, it’s a good idea to buy the stone, the mounting and the assembly labor from the same source. It saves on fingerpointing if something goes wrong.  It’s entirely possible that if you find a stone you like with one of the virtual dealers, another dealer will have access to that same stone. Sometimes this is also true of mountings but not always. Ask.

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Neil Beaty

GG(GIA) ICGA(AGS) NAJA

 

There's never a crowd when you go that extra mile.

Professional Appraisals in Denver

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@denverappraiser, so these stones can be attained by most dealers in most cases for the same cost?  What diamond data base?

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Not always, and there's not just one database.  The biggest at the moment is Rapnet, although they do have competitors.  Rap is a subscription service that's a bit expensive and hard to get accepted even if you are willing to pay the money.  If you do a search here and narrow your specs tightly, you will often see the same stone listed by several different vendors.  That's a big clue. Basically, any vendor who has more than a few hundred stones in their 'inventory' is using some variation of this program. I suspect that every stone on Fourmine fits in this category but if they have a 'signature' series or something like that they may have an owned inventory. They'll probably be happy to tell you if it's in-house or not if you ask. 

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Neil Beaty

GG(GIA) ICGA(AGS) NAJA

 

There's never a crowd when you go that extra mile.

Professional Appraisals in Denver

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This particular stone is currently listed as being overseas.  Searching for this stone on the DiamondFinder shows only one listing for the stone but this does not mean other vendors cannot get a hold of it. 

  • Like 2

Laurent George
Diamond Ideals
New York City

www.diamondideals.com
212-207-4845
laurent@diamondideals.com

 

 

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'Hello Ben, welcome back!

(There was a poster called Ben a long time ago)

@JonathanI can interpret this as many things... money is/is not an issue. Something got hit by lightning. A wise man told you something else about your plans. Please put me out of my misery! ;)


Davide - Specialised Consumer Information and Assistance,
Diamonds by Lauren (http://www.diamondsbylauren.com)
davide@diamondsbylauren.com

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Ha Ha the page was not allowing me to post a comment for some reason.  It kept forcing me to attach.  So I posted Mr. Franklin for a test.  I am still looking for a diamond by the way.  Getting totally burned out on the search.    Penny saved penny earned?

 

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On the one side, penny saved penny earned. There is no obligation to accompany an engagement with a ring, never mind a diamond ring.

However, on the other side, if you think this is the right thing to do, there is no escaping the purchase, and analysis paralysis doesn't help.

Have you gone to a few jewellers and seen what they have to offer? Not necessarily with the intention of buying, but sometimes people build huge "(psycho)analytical" castles that collapse (in a good sense) when they realise that they cannot tell F from H, SI1 from VVS1 and a 59% table with a 33 crown angle from a 54% table with a 36 crown angle.


Davide - Specialised Consumer Information and Assistance,
Diamonds by Lauren (http://www.diamondsbylauren.com)
davide@diamondsbylauren.com

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