Should I buy this 3.05. Carat GIA/i3 Pink Heart Diamond BUT!!

[JenMel 0]

Hi! I’m Jen and in NJ. I am in quite a pickle. I have found a ring with a 3.05 carat natural  Fancy light pink even Diamond. This is the stuff that dreams are made of. The issue is that there is an i3 inclusion to the surface, With no treatment. From what I have researched so far this is all the information that would be relevant. I have no idea how much I should be paying for this ring and I don’t want to be taken for a ride because it’s pink and large. What would be the average cost for a ring like this. I know that fancy color diamonds are very hard to price out only certain people really are trained to do this. Is this worth purchasing? The inclusion could make it look almost fake, right? If I do buy it I heard pink is not a good investment.. Thanks so much for any help.

Edited February 9 by JenMel
Added and corrected wording

[davidelevi 601]

Welcome to DiamondReview!

Let me start from the last question/observation you made

1 hour ago, JenMel said:

I heard pink is not a good investment.

I would extend this to 'diamonds are not a good investment'. Or even broader: 'jewellery is not a good investment'. Unless you are a very canny collector with hundreds of thousands or millions to invest, good advisors, a perennial eye on the market and the ability to let go of your most prized items quickly. For all others, look at jewellery, diamonds and pink diamonds as lovely objects to cherish and enjoy for themselves, not as investments.

(FWIW, a nice pink diamond is probably one of the best ways of preserving value you can have - as far as jewellery and gemstones go - but an investment it is not)

1 hour ago, JenMel said:

Is this worth purchasing? The inclusion could make it look almost fake, right?

I would say that the inclusion is precisely what makes it look 'not fake'. However - for me, and your mileage may very much vary - it is also what makes it look not attractive. It turns what should be a lovely, lively and sparkly stone into a piece of massive rose quartz. Nicely coloured, but nothing more.

Whether it is worth purchasing depends very much on what you want. There aren't many 3+ carat natural pink diamonds anyway - and anything with that size, colour (which is very nice, if it is like in the photos) and good clarity would be priced several hundreds of thousands. This will be a tenth or even a hundredth of that, but the extreme price drop doesn't make it worth it if you don't like it.

1 hour ago, JenMel said:

What would be the average cost for a ring like this.

Nobody can say for certain - since you won't find that many to "average". Bear in mind that you have at least a couple of thousands in the setting alone: although I'm not crazy for it, there is a fair amount of work, and pink melée (assuming it's natural and untreated) is relatively expensive.

[JenMel 0]

Hi David,

thank you so much for the reply! Originally I was going to purchase it for myself but then wasn’t sure if investment would’ve been an option. As you stated jewelry is not good for investment. Ever the pink will preserve the value. That’s a great takeaway.  I do know that the stones is natural so that is a positive. I called GIA to verify that they are natural. I do you like the look of the pink heart although it does look slightly cloudy due to the inclusion. The price I was thinking about was around $15,000-$17,000. Would that be in range or is that way too much? Thank you so much for your help

[davidelevi 601]

47 minutes ago, JenMel said:

Ever the pink will preserve the value. That’s a great takeaway.

Um - be careful. A nice pink diamond will - I honestly don't think this one is.

49 minutes ago, JenMel said:

is that way too much?

It doesn't sound unreasonable, but if it were my money I would buy something else.

[JenMel 0]

Ok thank you I understand. It also has a surface level fracture. So that’s not the best. Plus if I want to sell it, it may be hard to do.

[denverappraiser 491]

18 hours ago, JenMel said:

The price I was thinking about was around $15,000-$17,000

Are you the seller?  Normally that's who sets the price. 

[JenMel 0]

I bidding on it so didn’t want to go over in price. That’s why I didn’t know how much to pay. 

[denverappraiser 491]

If 'investment' means buying it and then reselling it for more later, I wouldn't do it. Selling this sort of thing is HARD.  Buy it if you love it, but don't go in expecting to ever see your money again. 

[Bijouxboyd 1]

I'm not an expert but for that price point, you could get a sensational sparkler (probably not pink but maybe brownish pink?). There is no fire in that stone at all. I realize it's all personal preference but I would pass on that one and look for something else. 

[davidelevi 601]

6 hours ago, Bijouxboyd said:

for that price point, you could get a sensational sparkler (probably not pink but maybe brownish pink?)

Not a 3 carat; probably not even a sensational pinkish brown 3 carat. But that aside, I totally agree.

[Bijouxboyd 1]

Yes I should have clarified; not a stone that large. Just one with a LOT more brilliance

[JenMel 0]

Yes thank you so much for the advice. You are completely on point. I appreciate it.