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umcsom
- Ancient Member
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posted: Jun. 24, 2006 @ 3:18a
hey geo123.... thanks for all the info. I don't want to abuse you but what do you think of this diamond? This is the one I just bought for an engagment ring. I know I over did it on the clarity but do you think I got screwed? Oh i paid 9500
my diamond |
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geo123
- Senior Member - 5K
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posted: Jun. 24, 2006 @ 2:43p
umcsom said:hey geo123.... thanks for all the info. I don't want to abuse you but what do you think of this diamond? This is the one I just bought for an engagment ring. I know I over did it on the clarity but do you think I got screwed? Oh i paid 9500
my diamondDid you just buy it within the last 48 hours or so? It is a virtual stone, so I see a number of vendors still listing it. The lowest priced vendor is listing it at $9,419 (it's actually the same vendor that I used to purchase my stone), so after negotiations the stone may actually sell for a few hundred dollars less than that. So, to answer your question, $9,500 is a very good price for it (a stone with these numbers would sell for thousands more at a B&M) but it's not the best price that you can get.
As for the stone itself, it is on the shallow side, which causes it to face up larger than its carat weight. At the same time, it is still an ideally cut stone, so it will be full of fire and sparkle. Please keep in mind that a shallow stone like that, while very bright and sparkly from a distance, may however have a dark center when you are looking at it up close (I'd encourage you to compare the look of slightly deeper ideally cut stones to the shallower ones to see if you can tell the difference and have a preference). Also, this is an old AGS000 certification -- it would not qualify for the new, stricter AGS000 certification but would still get a GIA "excellent" cut grading.
Just out of curiosity, is there a reason you are buying an IF clarity stone? If perfect clarity is important to you, you are getting the most clear stone money can buy but if all you want is "eye clean," you are paying an enormous premium for something that can only be seen under a microscope (there is absolutely no way a human eye can tell the difference between IF clarity and VS2 or even an eye clean SI1 or SI2). The stone's color, G, will make it icy white looking, which is terrific.
All in all, if the characteristics of the stone satisfy your requirements (on the shallow side, very well cut, icy white, perfect clarity, old AGS 000 certification), you are getting it at a great (you're literally savings thousands here) but not an astonishing price. Do you have the setting picked out for it yet? Keep us posted on your progress! |
Message edited by: geo123 on 2006-06-28 10:16:32 CDT
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umcsom
- Ancient Member
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posted: Jun. 24, 2006 @ 5:32p
Thank you for the great reply geo123. everytime i ask question on a forum people try to sell me a stone instead of helping me.
I thought the new grading system went in effect in june 05 and this was graded in july 05? Since the stone was not engraved with a serial number I requested it to be sent back to AGS and regraded and serial #'d. The dealer Ely (who has been mentioned at fatwallet before) was more than happy to do that. It is going to AGS in Las Vegas then being sent straight to me from AGS. It will be interesting to see if it gets the same grade. I bought it thursday afternoon and ely had it in vegas by friday morning. I should get it late next week. I will keep you updated.
As far as Ely is concerned I went with him because he is on eBay with a great reputation, he is buy safe bonded, and he allows 14 days to return the stone without a restocking fee. He seemed very nice on the phone (I know this doesn't mean much).
I knew this was a dropped shipped stone and that it was being offered by many different vendors. It confused me at first but then I read more of what is actually going on in NY. It really puts the hurt on the B&M dealers.
What do you think of the HCA (sp?) criteria on pricescope. This stone graded a 0.3! I know #'s aren't the end all be all, but this stone seems to be really nice. I will know for sure next week when I see it.
I know i didn't need the IF. but in reality this is a luxury purchase. I don't need the d##n thing at all, it is just a symbol of love. That is the reason IF was important. I wanted to get her a nice stone but not a gaudy one. |
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mariojm
- Senior Member - 2K
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posted: Jun. 24, 2006 @ 6:30p
Does anyone have experience with Moissanite rings? (i.e. synthetic Silicon Carbide instead of diamond) Apparently, it can rival the optical abilities of diamond and is extremely hard to distingiush from diamond. I've heard it's significantly cheaper to produce than diamonds.
Moissanite
What about a nice sparkly glass ring? Cubic zirconia etc. ... I'm thinking for instance from Swarovski. |
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geo123
- Senior Member - 5K
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posted: Jun. 24, 2006 @ 6:39p
AGS did change its grading system in June, 2005 but they were (and I believe still are) offering the old proportion based report to those dealers who specifically request it. As I mentioned in one of my posts above, dealers maximize their profits by strategically selecting the labs and the reports. The dealer holding your stone most likely realized that the stone, while very nice, would not get the AGS000 rating under its new system and therefore requested the old proportion based report. Since you requested a new certificate from AGS, if I were you, I would be prepared for an AGS 1 cut rating under the new system. By the way, if you decide to return to stone, will you be required to pay AGS' inscription and re-grading fees or will Ely or the wholesaler just absorb those? These fees shouldn't be substantial (I'm guessing AGS charges something like $20 to inscribe it; not sure about the re-grading fee) but it still would be nice if you didn't have to pay those.
I did run the stone through HCA -- as I mentioned above, it is a very nice stone but is on the shallow side, so it appears larger than its carat weight but may appear to have a dark core when you look at it up close. An IF clarity certainly makes it quite unique (there are very few people out there who own such stones), so you're certainly getting the best clarity money can buy.
As I also mentioned, you're getting a very decent price, so you are definitely not getting ripped off. When you get the stone, make sure that you look at it under different lighting conditions to make sure that its shallow depth doesn't present a problem but chances are, you will be quite pleased with it. |
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umcsom
- Ancient Member
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posted: Jun. 24, 2006 @ 7:01p
GEO123 your are awesome. Thanks for all the info.
I already paid for the AGS grading. For next day fedex to both directions, ags grading and ingraving I just paid the buy it now option of 9750. That is what we agreed upon. If I didn't do that he would have just charged 9500. I knew he was making a little bit of money on me but he was bending over backwards to help me out. Because of the amount paypal would only let me do the check clear payment plan which is 5 days. Ely however immediately sent the diamond out. Within minutes of me buying the stone. I know it was a virtual stone but it sounded like he had immediate access to the actual stone.
I am thinking of a 19 carat white gold for the setting. I like how it will always stay white, and not turn yellow, and how it is shiney. The other option is of course plat. I am thinking of a simple setting so it will not distract from the stone. Something to really make the stone the center piece.
I looked at a hearts on fire F SI1 1.00 carat ags 000. It would have cost me about a grand more than this diamond because of sales tax. Where I live there just aren't a lot of high quality diamonds available so I don't have anything really to compare this stone to except the HOF one. I really liked the looks of the HOF. I could however see the carbon in it with my naked eye. I have 20/10 vision(I don't know if that matters). It really distressed me that I could see the carbon. Even though to the casual gaze it looked awesome. |
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suks2bu99
- Member
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posted: Jun. 25, 2006 @ 10:55p
I have a question.
Have any of you consider buying the diamonds abroad. I'm not suggesting going to Congo in check out the mines, but I was in Taiwan with my fiancee and notice the diamond prices were cheaper than America and pretty good and legit. I know some my former students (I was a teacher abroad) went to Sri Lanka and got some huge rocks for what was apparently a cheap price. The amount of money they saved more than paid for the plane ticket. I dunno, does anyone know good place to go to for diamond shopping. |
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geo123
- Senior Member - 5K
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posted: Jun. 26, 2006 @ 8:42a
suks2bu99 said:Have any of you consider buying the diamonds abroad. I'm not suggesting going to Congo in check out the mines, but I was in Taiwan with my fiancee and notice the diamond prices were cheaper than America and pretty good and legit. I know some my former students (I was a teacher abroad) went to Sri Lanka and got some huge rocks for what was apparently a cheap price. The amount of money they saved more than paid for the plane ticket. I dunno, does anyone know good place to go to for diamond shopping.Are those diamonds certificated? If not, you have no way of knowing what it is that you're buying and consequently cannot tell whether the price you're paying is a good one. There are a ton of stories out there of people going on a cruise and snapping up what they think are killer diamonds deals from dealers on various Caribbean islands and then discovering that they instead received frozen spit at premium prices. In all fairness, however, the same can be said about people going to the mall and buying up engagement rings from Zales at "40% off" and thinking that they're getting a deal. If you don't know what you're doing, you will almost certainly end up making a bad purchase both here as well as abroad. |
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rigor
- Senior Member - 8K
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posted: Jun. 26, 2006 @ 8:50a
you can go to amsterdam and buy them but the customs/TVA will kill you and the exchange isn't so hot today. It's interesting to watch them cut raw they usually have one dude mucking about in the public eye i'm not sure if he's just faking it for entertainment value.
online folks gotta make something, the markup isn't all that man. A new car salesman prob makes a bit more per sale than online broker. |
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geo123
- Senior Member - 5K
rated:
posted: Jun. 26, 2006 @ 9:01a
umcsom said:Ely however immediately sent the diamond out. Within minutes of me buying the stone. I know it was a virtual stone but it sounded like he had immediate access to the actual stone.No, he just picked up the phone and called the wholesaler holding the stone, who then in turn immediately FedEx'ed the stone out. The dropshipping business is quite efficient and wholesalers are almost always on top of things when it comes to this. They would lose a ton of money otherwise.
I looked at a hearts on fire F SI1 1.00 carat ags 000. It would have cost me about a grand more than this diamond because of sales tax. Where I live there just aren't a lot of high quality diamonds available so I don't have anything really to compare this stone to except the HOF one. I really liked the looks of the HOF. I could however see the carbon in it with my naked eye. I have 20/10 vision(I don't know if that matters). It really distressed me that I could see the carbon. Even though to the casual gaze it looked awesome.All branded cut such as Hearts on Fire, The Leo diamond, A Cut Above, Eightstar and other branded cuts are always sold at a premium to the non-branded ones (such cuts will NOT always outperform new AGS000's and some GIA "excellent," however), so it is not at all surprising that a HOF diamond was more expensive than yours. As for the inclusions, I would guess that you simply had a non eye-clean SI1 -- there are plenty of eye-clean ones out there, although in your case I understand that you bought IF clarity for reasons other than its guaranteed eye-cleanliness (as I mentioned above, IF clarity certainly makes it quite unique). |
Message edited by: geo123 on 2006-06-26 09:03:15 CDT
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geo123
- Senior Member - 5K
rated:
posted: Jun. 26, 2006 @ 9:17a
mariojm said:Does anyone have experience with Moissanite rings? (i.e. synthetic Silicon Carbide instead of diamond) Apparently, it can rival the optical abilities of diamond and is extremely hard to distingiush from diamond. I've heard it's significantly cheaper to produce than diamonds.
Moissanite
What about a nice sparkly glass ring? Cubic zirconia etc. ... I'm thinking for instance from Swarovski.Your post is not being ignored; this is just a natural diamond discussion thread, so we have no experience with moisssanite. Check out this thread instead. |
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mariojm
- Senior Member - 2K
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posted: Jun. 26, 2006 @ 10:49a
geo123 said:Your post is not being ignored; this is just a natural diamond discussion thread, so we have no experience with moisssanite. Check out this thread instead.
Thanks for pointing me there! I wasn't sure if only diamond rings are the topic of this thread since it also has more generically "engagement" in the title, and the other engagement ring thread was locked. I'll let you guys know if I find anything out worth noting... great work on this thread, geo123! |
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geo123
- Senior Member - 5K
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posted: Jun. 27, 2006 @ 7:35a
psychoanalyst said:I find that Diamonds Blue Source has excellent quality diamonds. Even more stunning in person than the picture. Some stones are cheaper than Blue Nile and other popular sites. I just bought a round and saved a few hundred dollars. So much cheaper to buy the stone and have it mounted rather than buy the actual ring itself.I've never heard of this place but have just checked it out and must admit that I am less than impressed. The selection is quite small, the prices seem quite high, they stock a lot of EGL diamonds and offer them at premium prices and offer absolutely no cut information (sarin data, idealscope, magnified pictures, etc...). For a place that only sells in-house diamonds, the least a person could expect would be cut information, which they for whatever reason withhold. Further, the fact that most of their diamonds come from a second tier lab (EGL) makes me quite concerned about the place itself.
Psychoanalyst, no offense, but perhaps I am missing something here. Would you mind elaborating why you feel this place offers high quality at low prices and, perhaps, give links to a couple of examples? |
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ClaimsGuy
- Senior Member
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posted: Jun. 27, 2006 @ 11:22a
still like white gold over platinum
Is this due to the physical charateristics or the FWF person in you? |
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geo123
- Senior Member - 5K
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posted: Jun. 27, 2006 @ 12:09p
ClaimsGuy said:Is this due to the physical charateristics or the FWF person in you?We bought an 18kt. white gold Ritani setting, so we were paying mostly for design rather than the metal. In our case, a white gold setting was slightly cheaper than a platinum one but the price difference would've been fairly small (about $350 in our case).
Advantages and disadvantages of white gold vs. platinum, as I see them, are as follows: 1) white gold is cheaper than platinum; 2) white gold (or actually the rhodium plating that's used to cover the setting) is more reflective than platinum, so aesthetically we preferred white gold (some people actually prefer the low shine of platinum though); 3) although white gold will eventually require replating, the frequency of such replating will depend on each person's body chemistry (some body chemicals react with white gold more than others) and on the way you wear the setting. Our very established local jeweler that we used to purchase the setting will provide free lifetime rhodium replating (which literally takes seconds), so this wasn't a factor for us either way; 4) white gold is less prone to scratches than platinum; 5) white gold is softer than platinum. This means that certain impacts will bend white gold prongs while platinum prongs would remain intact. At the same time, strong impacts will cause platinum to break (so the diamond would fall out) while white gold would be more likely to either bounce back and retain its shape or to bend, while keeping the diamond in its place. Since these impacts are unpredictable, it was therefore impossible to decide which metal would be better for us. We consequently disregarded this; 6) platinum is heavier than white gold, so some people like that extra weight. We didn't care one way or the other; 7) some people like the "exclusivity" of platinum. We decided that a Ritani setting was sufficiently "exclusive" for our tastes without the need to worry about the exclusivity of the metal; 8) although platinum does show scratches more than gold, it is easy to repolish it to its original low shine; 9) some people have nickel allergy (nickel is often used to make white gold), so those people must use nickel-free settings, such as platinum. My fiance is not allergic to nickel, so this wasn't a factor for us.
Please note that the above list is anything but exhaustive, so I am sure that other people may have other factors that aren't mentioned above. |
Message edited by: geo123 on 2006-06-27 12:14:09 CDT
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geo123
- Senior Member - 5K
rated:
posted: Jun. 27, 2006 @ 1:10p
rigor said:Dvatche guarantees your platinum 950 settings for lifetime from stone falling out. How so? they set them in their factory. iirc the tiffany-like platinum 950 setting is about 1 grand or so depends on the market i spose.Numerous jewelry stores/designers offer this guaranty. They do it by purchasing insurance policies and by passing the costs of such policies on to their customers. As long as you are able to comply with the terms of such policies (most of which require you to have your setting inspected by your jeweler every 6 months), you're covered. Alternatively, you can purchase your own insurance policy or just add the ring to your homeowners' insurance (just like with everything else, there are advantages and disadvantages to doing that). |
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