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saqsay1
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« on: June 18, 2009, 11:11:47 AM »

hello fellow CDIers! the thread, rough sawn, made me wonder about a 1+ ct. rough natural green diamond I saw up for sale recently.  I was wondering if buying rough diamonds is a good idea investment wise. does anyone know how much it costs to have a diamond cut? can the person placing the rough up for sale know the clarity? or is it all a guess? If the diamond is good quality, why wouldn't they cut it themselves? just thinking out loud...... anyone wish to voice an opinion? David?
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Trinkette
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« Reply #1 on: June 18, 2009, 01:18:21 PM »

 david
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Mrs Mitchell
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« Reply #2 on: June 18, 2009, 04:26:09 PM »

I'm really interested in the answer to this, because I'd love to own my diamond from rough to finished, set piece.

I'm guessing that the weight and shape would be a mystery until it was finished, but I think the clarity could be estimated from a polished 'window' in the rough stone.  Huh? I read that somewhere. Actually, I think a local jeweller told me that? Can't remember. David will know.

It would be sooooo cool to buy rough and see your stone take shape. Especially a green stone!

Jen
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« Reply #3 on: June 18, 2009, 04:42:18 PM »

hello fellow CDIers! the thread, rough sawn, made me wonder about a 1+ ct. rough natural green diamond I saw up for sale recently.  I was wondering if buying rough diamonds is a good idea investment wise. does anyone know how much it costs to have a diamond cut? can the person placing the rough up for sale know the clarity? or is it all a guess? If the diamond is good quality, why wouldn't they cut it themselves? just thinking out loud...... anyone wish to voice an opinion? David?
Hi all!

This is a very interesting question!

First of all, the chances are that whoever is offering a "natural green diamond" is lying.
I mean there's a remote possibility it's a natural piece of green rough- but if it was it would be millions of dollars, and never be offered outside the highest levels of the trade.

Green diamonds are as rare as blue or pink- so that kind of tells us a lot about the offer saqsay saw specifically.

In general: buying rough diamonds for the purpose of re-cutting is one of the most difficult aspects of the diamond business.
There's many reasons.
For one thing, rough is sold in bulk. Generally the miners package a grouping of stones. They evaluate the rough- but there's a large element of uncertainty.
Say it's high white rough in larger sizes.
One piece that cost $10,000 might polish into a $100,000 polished diamond.
Or a feather which was invisible in the rough makes it an I1 worth $8000.

Rough diamonds generally have a frosted skin- you can't see all the details inside.
The miners leave it that way- it's possible to polish a small window into the skin- then it's a lot easier to evaluate what you've got. But that one little window completely changes the deal. Now the miner will "pre-grade" the diamond - which will affect the price ( make it higher)
So, the best cutters use intuition and basically buy blind- that's the only way to buy the rough cheap enough to be profitable.

We bought a piece of rough last month.
It was destroyed on the wheel- broke in two. This also happens.


Regardless, we're still going to be offering rough stones and the services of our cutters to people who want them

Here's a peice of rough we have now- although I don;t believe this is a good candidate for cutting.

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Mikla
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« Reply #4 on: June 18, 2009, 06:53:21 PM »

Although this is extremely interesting, I would be scared to death to buy rough and have it cut.  Too risky!  Eeeeeks!

Mikla
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shawners_198
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« Reply #5 on: August 10, 2009, 10:50:39 PM »

Most rough diamonds with green lose the green due to the heat caused from the cutting process.  Where were you planning on purchasing a rough diamond from???
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saqsay1
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« Reply #6 on: August 11, 2009, 05:43:35 PM »

i just  happened to see it on ebay awhile back. even the guy selling it said there was no guarantee it would still be green after being cut.  Cry
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