Is this 5ct diamond a good buy?

jupar · Jun 17th, 2008, 04:44 AM

I've been offered a 5.02ct G SI2 round diamond for AU$58000(around US $54520), it comes with EGL cert. its got premium cut with very good symmetry and polish and it really sparkles!! The only thing that bothers me is there is one feather on the edge of the stone but they said they will try to hide it with the claws, is it a good buy?

Bagluvluv · Jun 17th, 2008, 05:01 AM

When it comes to pricing of diamonds..there are sooo many variables to consider.....you should try pricescope.com....they have many expert and true lovers of gems to point you in the right direction.

A 5 ct sounds amazing though....let us know the results with lost of pics!!!

sinniebunnie · Jun 17th, 2008, 08:08 AM

sounds like a good deal. SI2 is a bit low for a huge diamond because you can pinpoint the flaws easier.. so it really depends on where they are.. price looks GREAT.. can you show us the cert with the flaws outlined?

Swanky Mama Of Three · Jun 17th, 2008, 09:34 AM

it's impossible for us to tell w/o seeing the cut and specs.
If it's got a spectacular cut then yes, it sounds like a good buy. But EGL certifications aren't always reliable. . . can you post the specs from it? That would help.

Cat-Miu · Jun 17th, 2008, 10:22 AM

^ Yep, hard to say without specs

Japster · Jun 17th, 2008, 10:59 AM

The price doesn't sound right.

As Swanky said, EGL SI2 can be more like an I1 by GIA standards.... for example an SI2, G with a GIA cert would be $100-125,000.

guccimamma · Jun 17th, 2008, 01:11 PM

i have no idea, i just wanted to say bravo for even being able to consider a 5 carat diamond. you must be doing something right!

burberryprncess · Jun 17th, 2008, 08:14 PM

5 carat would be amazing. Personally I prefer a higher grade than SI2 and being EGL, it's like a GIA or AGS I category. Please post the stats.

chag · Jun 17th, 2008, 08:42 PM

Quote:

Originally Posted by Japster

The price doesn't sound right.

As Swanky said, EGL SI2 can be more like an I1 by GIA standards.... for example an SI2, G with a GIA cert would be $100-125,000.

stevenash · Jun 18th, 2008, 03:12 AM

Agree that an EGL cert is not as good as a GIA. I also second the recommendation for Pricescope - this is a big investment, and those guys are super knowledgeable and would be happy to help you out. Diamonds are a commodity, and you want to make sure that you're paying a reasonable price for the stone that you're buying. I might be a bit concerned about the stability of the stone with a feather - particularly considering how large it is.

jupar · Jun 18th, 2008, 06:34 AM

Quote:

Originally Posted by burberryprncess

5 carat would be amazing. Personally I prefer a higher grade than SI2 and being EGL, it's like a GIA or AGS I category. Please post the stats.

I am trying to upload the cert without success, its in pdf file...

tokyogirl · Jun 18th, 2008, 08:17 AM

take a photo of it and post it as an attachment.

ceya · Jun 18th, 2008, 10:59 AM

Get a smaller stone with a better clarity and color, if money is issued.

GIA is the second after AGS lab.

EGL is not good at all as far as diamond gradings.

2manybags · Jun 18th, 2008, 11:24 AM

I wouldn't go below SI1, but if the feather won't show when set, it might not be a bad buy.

Japster · Jun 18th, 2008, 12:15 PM

I don't think that one can say "I would only take this clarity or this color" because you can find a stone within those specs and it may not look half as nice when compared with an SI3, D color in the same size range. You really have to look at the stone.

The issue with clarity/color when getting into 3+ carat stones is that One notch up or down in color or clarity can mean $10-30,000. People are very likely to "fudge".

The Jewelry Store can take a non-cert'd diamond:

GIA would call it:
4.03, SI2, I color Excellent Cut and the stone would be $72,900

EGl might call it:
4.03, SI1 (VS2 even), G color, Excellent Cut and the stone at those stats would be closer to $80-85,000.

The Jeweler will than say "This 4.03ct Round is a great buy for a VS2-SI1. But there is a big difference between VS2 and SI2 on a 4 ct stone.

Jun 17th, 2008, 04:44 AM	#1
jupar Member Location: Melbourne	Is this 5ct diamond a good buy? I've been offered a 5.02ct G SI2 round diamond for AU$58000(around US $54520), it comes with EGL cert. its got premium cut with very good symmetry and polish and it really sparkles!! The only thing that bothers me is there is one feather on the edge of the stone but they said they will try to hide it with the claws, is it a good buy? Last edited by jupar; Jun 17th, 2008 at 04:50 AM.

Jun 17th, 2008, 05:01 AM	#2
Bagluvluv Think, Think, Think! Location: On my cell	When it comes to pricing of diamonds..there are sooo many variables to consider.....you should try pricescope.com....they have many expert and true lovers of gems to point you in the right direction. A 5 ct sounds amazing though....let us know the results with lost of pics!!! __________________ Want for everybody, all that you want for yourself-----Wallace D. Wattles I'm soooo done....

Jun 17th, 2008, 08:08 AM	#3
sinniebunnie Neurotic 4 Alignment Location: bay area, ca	sounds like a good deal. SI2 is a bit low for a huge diamond because you can pinpoint the flaws easier.. so it really depends on where they are.. price looks GREAT.. can you show us the cert with the flaws outlined? __________________

Jun 17th, 2008, 09:34 AM	#4
Swanky Mama Of Three Location: Dallas Area	it's impossible for us to tell w/o seeing the cut and specs. If it's got a spectacular cut then yes, it sounds like a good buy. But EGL certifications aren't always reliable. . . can you post the specs from it? That would help. __________________ Holy inappropriateness!!! - a la Bethenny

Jun 17th, 2008, 10:22 AM	#5
Cat-Miu LV-Lady Location: Finland	^ Yep, hard to say without specs __________________ Note to myself: try to remember that there IS such a thing as enough purses

Jun 17th, 2008, 10:59 AM	#6
Japster RAOK Mama Location: WI	The price doesn't sound right. As Swanky said, EGL SI2 can be more like an I1 by GIA standards.... for example an SI2, G with a GIA cert would be $100-125,000. __________________ BLACK FRIDAY SALE: 40% off all Jewelry with code: BF2008, sale ends 12/4

Jun 17th, 2008, 01:11 PM	#7
guccimamma guccimamma	i have no idea, i just wanted to say bravo for even being able to consider a 5 carat diamond. you must be doing something right!

Jun 17th, 2008, 08:14 PM	#8
burberryprncess Sophie Location: Southern California	5 carat would be amazing. Personally I prefer a higher grade than SI2 and being EGL, it's like a GIA or AGS I category. Please post the stats. __________________ Hope your holidays are bright with surprise and delight.

Jun 18th, 2008, 03:12 AM	#10
stevenash Member	Agree that an EGL cert is not as good as a GIA. I also second the recommendation for Pricescope - this is a big investment, and those guys are super knowledgeable and would be happy to help you out. Diamonds are a commodity, and you want to make sure that you're paying a reasonable price for the stone that you're buying. I might be a bit concerned about the stability of the stone with a feather - particularly considering how large it is.

Jun 18th, 2008, 08:17 AM	#12
tokyogirl Keanu!	take a photo of it and post it as an attachment.

Jun 18th, 2008, 10:59 AM	#13
ceya Member	Get a smaller stone with a better clarity and color, if money is issued. GIA is the second after AGS lab. EGL is not good at all as far as diamond gradings.

Jun 18th, 2008, 11:24 AM	#14
2manybags Member	I wouldn't go below SI1, but if the feather won't show when set, it might not be a bad buy.

Jun 18th, 2008, 12:15 PM	#15
Japster RAOK Mama Location: WI	I don't think that one can say "I would only take this clarity or this color" because you can find a stone within those specs and it may not look half as nice when compared with an SI3, D color in the same size range. You really have to look at the stone. The issue with clarity/color when getting into 3+ carat stones is that One notch up or down in color or clarity can mean $10-30,000. People are very likely to "fudge". The Jewelry Store can take a non-cert'd diamond: GIA would call it: 4.03, SI2, I color Excellent Cut and the stone would be $72,900 EGl might call it: 4.03, SI1 (VS2 even), G color, Excellent Cut and the stone at those stats would be closer to $80-85,000. The Jeweler will than say "This 4.03ct Round is a great buy for a VS2-SI1. But there is a big difference between VS2 and SI2 on a 4 ct stone. __________________ BLACK FRIDAY SALE: 40% off all Jewelry with code: BF2008, sale ends 12/4