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Diamond advice needed, please...
Hello all,
I have an opportunity to buy the following stone: Princess Cut GIA Cert VS1 D color Table 68 Depth 68 Girdle t (thin?) Cutlet: none Flouresence: none Polish: VG Symm: EX 5.66 x 5.65 x 3.84 .....for $5,700 A comparable diamond at bluenile.com costs $7,500. So, why is there such a price difference? The stone for $5,700 maybe has a terrible crown height? One more question, would you trade off one grade in clarity for one grade in color? For example, would you prefer to go from VS1 to VVS2, at the same time going from D to E color? Which will have a larger impact on appearance? Thanks, John |
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Diamonds are not much different than most consumer items in that they
are bought and sold every day for wide ranges in price. If you were shopping for - say - a 2001 Honda Accord you might find the same level of difference in very similar cars. If you want a shock in regards to price differences, take that stone to a pawnshop and see what they offer for it. Carl 1 Lucky Texan wrote: Hello all, I have an opportunity to buy the following stone: Princess Cut GIA Cert VS1 D color Table 68 Depth 68 Girdle t (thin?) Cutlet: none Flouresence: none Polish: VG Symm: EX 5.66 x 5.65 x 3.84 ....for $5,700 A comparable diamond at bluenile.com costs $7,500. So, why is there such a price difference? The stone for $5,700 maybe has a terrible crown height? One more question, would you trade off one grade in clarity for one grade in color? For example, would you prefer to go from VS1 to VVS2, at the same time going from D to E color? Which will have a larger impact on appearance? Thanks, John -- to reply, change ( .not) to ( .net) |
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On Wed, 02 Jun 2004 02:15:00 GMT, Peter W. Rowe
pwrowe@ixDOTnetcomDOTcom wrote: On Tue, 01 Jun 2004 18:16:40 -0700, in rec.crafts.jewelry wrote: ....for $5,700 A comparable diamond at bluenile.com costs $7,500. So, why is there such a price difference? The stone for $5,700 maybe has a terrible crown height? Who knows. The GIA cert doesn't actually give you quite enough info to properly evaluate the cut of the stone, so yes, if the pavilion is deep and the crown too shallow, or some other factor makes one stone more attractive than the other, perhaps it's worth the price difference. But you're also forgetting that diamonds don't come with suggested list prices that are uniform across the industry. Competition tends to make the true wholesale market (to which you likely do NOT have access, despite the claims of man discount sellers) somewhat predictable, with only modest variance from one dealer to another. But as you note slight differences in cutting can make a distinct difference in the appearance of the stone, and of course, the price too. And don't forget that any retailer can use whatever markup their business model needs in order to be profitable. A diamond purchased from a small back office jewelry shop where the jeweler had the stone sent "on memo" from his supplier, and which he won't have to pay for until after you've paid him, will not require the same retail markup as the same stone from a high rent store where the stone is already bought and paid for in inventory, and perhaps already in an expensive mounting. The differences in markup can be profound, as in the difference between perhaps a ten or fifteen percent markup (very low. It's rather hard to find that many jewelers willing to sell for that small a margin, but some exist, especially on the internet, or in those small back offices...) to a retail price of sometimes three times the wholesale cost, even for costly diamonds. It all depends on the nature of the business selling the stone. It does not automatically mean the more costly store is cheating anyone or the like. It just means that what they're doing requires a higher profit margin per sale in order for the business to remain profitable. In short, blue Nile sells a lot of diamonds. But who says they're automatically the cheapest? All it takes is someone willing to sell for less. Perhaps it's a stone that's been in someone's inventory for a while. Perhaps they just got a better deal from their wholesaler. One more question, would you trade off one grade in clarity for one grade in color? For example, would you prefer to go from VS1 to VVS2, at the same time going from D to E color? Which will have a larger impact on appearance? The color will make a difference in appearance. The clarity grade differnce you site is not visible to the naked eye. you'd need a good loupe, or microscope, to see the difference. That grade difference is not one of appearacne, it's more one of rarity, fueled by the odd concept that people want some sort of perfection. I say it's an odd concept, since there really is no such thing as absolute perfection in natural diamonds. At some level, there is always something, somewhere, that is imperfect. maybe it's the internal clarity, maybe it'd something else. But the notion that one needs exceedingly clear diamonds for them to be worth buying is silly. It makes sense only in the context of the percieved value, not the beauty of the stone. Indeed, inclusions in diamond are there as natural events, the product of the stones origin. Some inclusions may be actually quite interesting. All of them are simply part of the natural nature of the stone, and inclusions in a stone can be thought of as making that stone unique, unlike all others of the same grade. On the other hand, it should also be pointed out that the difference between a D color and an E color is not likely something a customer's eye will see either. The three top grades in color (D,E,F) are more slight differences in transparency, than anything else, and to judge them accurately, precise viewing conditions are needed, not to mention a trained eye. Once you set the stone, in normal viewing postion in jewelry, even your jeweler would probably not be able to tell the difference with certainty. if you want a characteristic that makes a big difference in appearance, look closely at the cutting. The degree of polish, and the proportions of the stone play an enormous amount in how the stone looks. Most princess cuts tend to be cut with table sizes that are too large for real optical efficiency. If you can find one with better proportions, ie decent crown angles and an smaller table, even though this may make the stone appear slightly smaller in width and height, you'll find it will give it dramatically more life and 'zing". This, unfortunatly, is something that is very hard to judge from just a GIA cert. With many diamonds, you can really only make a final decision on cutting quality when you actually see the stone. Peter Rowe Thank you for the detailed replay. Here is the Sarin data from the stone: I cannot find any reliable reference to judge the various angles and depths indicated, although the crown height seems a tad low (but not too bad?). Anything seem way out of whack here? 1.01 carat GIA D VS1 Depth 68 Table 68 G: Thin to Medium, Faceted 5.66 x 5.65 x 3.84 P: VG S: EX F: none Sarin info: Table: 3.87, 3.84, 3.89, 68.6 Crown Angle: 34.9, 34.4, 36.0 Crown Height: 0.46, 0.46, 0.46, 8.2% Pavil Angle: 61.8, 60.0, 63.0 Pail Depth: 3.20, 3.20, 3.20, 56.7% Girdle: 1.4% Total Depth: 3.83, 67.9% Thanks, John |
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