Got Diamond Questions?
Our community of diamond experts are here to provide answers
Sign in to follow this  
SandScott

Estate Gia Oval 2.02 G Si2 - Good Price? Good Buy?

Recommended Posts

Greetings!
I've been looking at this diamond online for weeks now and would like to get some expert input. I'm very leary about purchasing an oval sight-unseen, but there is a return policy, so I'm willing to consider this ring/stone.
 

Here are my concerns:


1. SI2 CLARITY:
It "looks" clean for the most part. What am I missing? Might it appear more cloudy in person?

 

2.CUT QUALITY:
Ovals don't have cut grades, but the specs/numbers on this seem not great and possible worse. Its seems VERY deeply cut. Any idea what an estitmated cut grade would be by the specs alone?

3. PRICE:
I don't necessarily need the 14K setting, but it's a package deal. Is $13,900 a fair price for this ring? (it's on sale for $12800 today for Valentines Day, but will go back to $13900 tomorrow).

I'm not in ANY rush, so I can pass on this stone if there are other stones that are comparable in price and specs (just haven't found any yet). ANY input would be helpful! Pictures and GIA Cert are attached.
Thank you...


GIA CERT SPECS:
2.02 Oval Brilliant 9.47 x 6.90 x 4.81
G

SI2
Polish: GOOD
Symmetry: VERY GOOD
Flor: N/A
Comments: A cloud not shown. Surface graining is not shown.
Table: 58%
Depth: 69.7%
Cutlet: small
post-133061-0-73970600-1360874924_thumb.png
post-133061-0-29086300-1360874927_thumb.png
post-133061-0-40160500-1360874929_thumb.png
 

Share this post


Link to post
Share on other sites

1. The grade setting inclusions (feathers) don't seem too visible, and it's perfectly possible to have eye-clean SI2. One of the photos appears slightly milky/hazy,but it could be the photo rather than the diamond. However, judging clarity from two (or even 20) photos is not a reliable way of getting any answer. What does the vendor say?

 

2. Cut "grade" on what scale? The only oval cut grade scale that I know of is the one used by AGS, and I have no idea how this particular stone would score on that - depth is not one of the main parameters that they would use in any case, and its main effect may well be to make the stone look smaller but not necessarily less lively or nice to look at. Or it may have a strong  bow-tie. It's not apparent in the photos, but there are ways and means of taking a photo without showing the bow-tie if it has one...

 

3. Price - seems to be in the ballpark for similar stones (use the Diamond Finder, even if you have no intention of buying from the advertisers, it's still valuable information in terms of comparison), but it doesn't sound like a dramatic bargain - and in any case if it's not what you want, it's not a bargain.


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

Share this post


Link to post
Share on other sites

I second Davide's comments but want to add one on price. If they're willing to sell it for $12,800 today, I'll betcha they'll sell it for that tommorow or next week too unless they sell it to someone else in the meantime. '1 day' type sales on this sort of thing are usually baloney unless we're talking about a serious corporate seller like Walmart or Sears (and maybe not even then).

 


Neil Beaty

GG(GIA) ICGA(AGS) NAJA

 

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

Professional Appraisals in Denver

Share this post


Link to post
Share on other sites

Gents-

THANK YOU for the quick and informative reponses!

I appreciate the insight on my questions. I agree that the "sale" is merely a ploy to entice a faster purchase by someone. I would hopefully negotiate the "sale" price or better if bought. But, I do have one followup question:

The $13900 (or today's price pf $12800) includes the setting. I would probably scrap the setting and just use the stone. Is that a fair price for such a stone or overpriced in your opinion? I guess what I'm asking is: how much of the cost would this type of solitaire setting account for?

Thanks again! This forum is an incredible asset!

Share this post


Link to post
Share on other sites

There's a utility at the top of the page called 'diamond finder' that leads to a database of advertisements for diamonds. Thre are tens of thousands of stones there and it's pretty likely you can find something comparable. Even if you have no intention of buying from these people it can be a very helpful way of setting a benchmark.

 

Scrappers are currently paying about $21/gram for 14k. It's hard to tell what that one weighs but I would be surprised if it's more than 6 ro 8 grams. It may be listed in the advertisement.

 


Neil Beaty

GG(GIA) ICGA(AGS) NAJA

 

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

Professional Appraisals in Denver

Share this post


Link to post
Share on other sites

I agree with what the guys have said about the stone--and that looking a little bit milky in the pic could just be a bad pic.  Diamonds are incredibly hard to photograph well.   Also a note on the bow-tie effect--all ovals, pears, and marquise cuts are going to have SOME bowtie; it's just a matter of how strong it is and if it detracts from the overall beauty of the stone.    I would normally be a little wary of an SI2 being eye-clean, but considering the nature and location of the inclusions and the fact that those are pretty darn good pics...and personally, I rather fancy the shape of that oval (sometimes they're too skinny or too fat--this has a pretty nice outline, IMHO).  

The setting itself is nothing to write home about, and if you decided to scrap it--as you say--you won't be out much.  You could certainly try to sell the empty mount or sell it for scrap and recoup some of your money.  Really, though, it's probably one of the least expensive types of settings that most sellers offer, and the reason they're not selling the stone unmounted is because, as a private seller (if I am understanding this correctly), they can't insure it without it being mounted. One of the little oddities of the jewelry insurance biz! If it's a jeweler selling it, they went ahead and mounted it in the simplest type of setting so that it was ready to go for the purchaser, as loads of people buy a diamond in a simple setting like that, whether they intend to keep it there or not.

What is the guarantee or return policy they're offering, if any?  I would expect that either way, you'd likely be responsible for shipping and insurance one or both directions, but are they giving you an opportunity to inspect the diamond and send it back if you're not happy with it?


Diamonds Graduate, Pearls Graduate, AJP GIA

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this