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candle21428

I'm Not Sure If I Have Made The Right Decision...

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Hi there,

 

My gf and I have just made a small down payment of $300 for this gem from a local vendor (GIA report: 12980637) for $8,500 (including the very basic setting which costs approximately $300-$400). The diamond looks very clean with naked eyes and the loupe (probably we just can't see the imperfection?). My gf liked it better than the other 0.96 triple ex diamond that we were showed because of it's size.

 

We've seen like 10-15 different diamonds from several different vendors today and we actually like this one the best. However, I have a gut feeling that I might be making a wrong decision and as a result I've only decided to make a small down payment and do more research before I make the final payment.

 

The thing is after a quick search online, it seems like with our budget we could probably get a better gem (J color, around 1.5 carat and VS1/2 and probably triple ex). The only concern is we weren't able to see the diamond in person if we were to buy it online.

 

What do you guys think we should do?

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The GIA report number is incorrect or the weight is not 0.96... cannot retrieve the report from the GIA site.

 

This in turn means we don't know colour and clarity of the diamond you have seen, so take what follows with a big pinch of salt.

 

Assuming it is below a carat, $8500 is a pretty high price: online vendors will charge that for a 0.9x E-F/VVS2-VS1 with truly excellent cut.

 

If you are being asked that amount of money for a J colour 0.9x stone, walk away. It's about twice what online vendors would charge, and it's more than Tiffany's would charge for an equivalent I colour. It is true that high street retailing has higher costs than online, and that the ability to see and compare is worth something (sometimes a lot), but 100% increase is taking the mickey.

 

It is true you could get a 1.50 J/VS for that kind of money. Does it make it a "better" stone? If your dominant criterion is size, and you like a very warm white (it will show yellow from the side, though not necessarily from the top, unless you put it next to a very white diamond for comparison), then it may well be "better". If you (she) want pure white, I think you will regret it... go for a 1.20 H/VS instead or even a 1.00 G/VS. This by the way is assuming you don't want to spend the time trawling through SI and I clarity diamonds to find eye-clean ones (not that difficult, but it does take more effort than paying the insurance premium of VS clarity).


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

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Thank you sooo much for the reply! Sorry I should have given you more info in the original post - The stone we made a down payment for is a 1.56/J color stone (with 3 very good on the GIA report).

 

I'm personally very insensitive to the yellowish in the stone - The vendor has actually compared a E stone to a H stone side by side and I can't tell the difference in color by looking at the top, but I can tell barely the difference by looking at the side and bottom.

 

My gf is a little bit more sensitive to color but she thinks the J color is acceptable. The vendor has shown us a L/K color and she immediately said no-no to that stone.

 

Also I would like to mention that she has very slim and tiny fingers (she wears size 4 for the ring) so even a 0.96 carat looks pretty big on her.

 

Do you think we should take the risk to buy online instead? My guess is that a 1.5x Vs stone with 1-3Ex should have a very high chance of being a "better stone" comparing to the SI stone that we made the down payment for. Or we could shop for a better quality 1.2x stone with our budget???

 

I guess we were kind of rush to make to make the payment so I'm not totally comfortable if that decision is a good one. I mean our stone looks is very large (a big plus), quite beautiful, very very clean (a big plus) and the color is acceptable. We prefer this one to the other 0.96 3Ex E color one because of it's size. We both like the stone but it's just that I have a feeling that we are paying too much for it cause we haven't seen a lot of stones (e.g. a good quality 1.2x stone).

 

What do you think we should do??

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"Better" is in the eye of the beholder. An E colour is whiter, not "better" than a J. A VVS has a higher clarity than an SI, but it doesn't make it "better" unless the inclusions in the SI are visible and bother you. One could even argue that a Very Good cut stone that is being penalised because of a thick girdle but has truly excellent cutting angles and symmetry is "better" than an Excellent cut stone with marginal angles and cut precision (and there are some Very Good that I for one definitely prefer to some Excellent)

 

If you have seen and compared the 1.56 with other stones and it came out on top, that is probably enough. If you feel you haven't seen enough stones to make that call, by any means keep going, but don't overwork it. If you find something that you (and even more important your girlfriend) love, and it's priced reasonably, then go for it.

 

The risk in shopping online is pretty much zero if you choose a supplier that has a good return period and no restocking charges or penalties for returns; the question is what are you going to gain by doing so.

 

I would suggest that you do the following:

 

1. Clarify (with your GF if this is what you both want) what makes a stone "better" for you. You have a stone that you (both) liked enough to put down a deposit on it; how could this stone be improved for you? Is it size? Colour? Clarity? Fire? Brightness? Sparkliness? Shape? Symmetry/patterning?

 

2. Once you are clear about that, ask the vendor to help you find it. From what you have said above, it seems that the vendor is able and willing to show you different stones, so work that angle! If you have a helpful, competent vendor who doesn't charge you an arm and a leg for his services, you have a very good ally. Keep him honest by checking online prices on the Diamond Finder, but also bear in mind that a brick-and-mortar store has higher costs (and getting you the diamonds to see and compare "live" has value).

 

3. Buy what you like. She is going to wear the ring, not the report. If you like a J/SI1/VG more than an E/VVS1/AGS000, that's fine, as long as you pay a reasonable price for it (and $8500 is a pretty reasonable price).


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

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Thank you soooooo much for your opinion!!! My girlfriend is nice and she said she's happy as long as the ring if from me lol. I guess I'm now feeling much much more confident with a third person telling me that the price is reasonable and we aren't being overcharged by the vendor. This is the first time I spend sooo much money on a piece of jewlery so I guess on one hand I'm just feeling insecure, and on the other hand I want to make sure I can give the 'best' ring to my girlfriend given the budget that I have.

Again, thanks for the input!

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Hi there,

 

My gf and I have just made a small down payment of $300 for this gem from a local vendor (GIA report: 12980637) for $8,500 (including the very basic setting which costs approximately $300-$400). The diamond looks very clean with naked eyes and the loupe (probably we just can't see the imperfection?). My gf liked it better than the other 0.96 triple ex diamond that we were showed because of it's size.

 

We've seen like 10-15 different diamonds from several different vendors today and we actually like this one the best. However, I have a gut feeling that I might be making a wrong decision and as a result I've only decided to make a small down payment and do more research before I make the final payment.

 

The thing is after a quick search online, it seems like with our budget we could probably get a better gem (J color, around 1.5 carat and VS1/2 and probably triple ex). The only concern is we weren't able to see the diamond in person if we were to buy it online.

 

What do you guys think we should do?

 

Tell you vendor what stone you are looking at online that you are interested in. They can proabably get the same one as most of the stones listed online are owned by the suppliers that are listing not the actual websites. They will probably match the price for you and that way you can see the stone before you purchase it.


Jan

For those that want to know the truth about diamonds, just ask.

 

dbof.com

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