Author Topic: knowing what is a good deal vs. bad deal with antique diamonds  (Read 6139 times)

Offline Sparkleho

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knowing what is a good deal vs. bad deal with antique diamonds
« on: February 21, 2012, 04:12:49 PM »
Recently my DH bought me an OEC and I don't know if he got a good deal or not.  I am still debating on whether or not to return it and buy something else.  How can you judge what an old diamond is worth ? not many resources online. 


Offline oldmancoyote

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Re: knowing what is a good deal vs. bad deal with antique diamonds
« Reply #1 on: February 21, 2012, 04:56:46 PM »
Not many resources period - OECs are pretty thin on the ground, particularly if nice.

Depending on how well it is cut (for an OEC), you may try looking at the bottom of GIA "Very Good" to top of "Good" cut for modern rounds, or look at the prices of specialist dealers in old stones. The issue is that the specialist dealers generally charge a premium compared to the "commoditised" sellers, but the commoditised sellers are probably more reflective of the average price that these stones would trade for: they aren't super-popular (though in my opinion they are at least as beautiful as a modern cut).

Another option is to get a competent, independent appraiser and ask her/him - fees are about $100, so it may be worth your while...
« Last Edit: February 21, 2012, 05:46:50 PM by oldmancoyote »

Offline Trinkette

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Re: knowing what is a good deal vs. bad deal with antique diamonds
« Reply #2 on: February 21, 2012, 05:27:29 PM »
Good deal or not, if you do make the return, are you assured that you can determine whether or not a replacement stone is any better a "deal?" Also, do you LIKE this diamond, I mean, do you really enjoy looking at it? Or, are you uncomfortable with this stone, regardless of what he paid, and looking for either, 1) reassurance, or 2) a reason to move on...?

Offline Trinkette

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Re: knowing what is a good deal vs. bad deal with antique diamonds
« Reply #3 on: February 21, 2012, 05:28:38 PM »
Just playing Devil's Advocate here...  :Tempted:

Offline DiamondsAreForever

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Re: knowing what is a good deal vs. bad deal with antique diamonds
« Reply #4 on: February 21, 2012, 07:59:46 PM »
Oh, I'd love to see it! 

Offline lovecolor

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Re: knowing what is a good deal vs. bad deal with antique diamonds
« Reply #5 on: February 21, 2012, 08:48:23 PM »
Oh, I'd love to see it! 

Yes, please post a picture of your OEC diamond...and if you don't mind me asking...do you like it or was there something about it that you weren't happy with ?   ???

Offline dovesgate

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Re: knowing what is a good deal vs. bad deal with antique diamonds
« Reply #6 on: February 21, 2012, 10:45:55 PM »
Well, after going through a twinge or two of umm... slight buyer's remorse over the "OEC" my husband bought for me, the biggest piece of advice I have is to talk to David. That man is a God-send especially for husbands whose wives are having that err.. twinge. (OK, I was full-on freaking out over it. But shhhh don't tell anyone!)

Anyway, I emailed my GIA report to David and called him. I told him what we paid for it and felt so much better after David not only soothed my very frazzled nerves but told me that my husband got a fair price for what he bought.

Because of this, I have insisted and will continue to my husband that future diamond purchases need to come from David. He may not be the cheapest but I can trust that I'm going to get what he says I'm going to get and that is priceless.

Oh, and please do post pictures of your OEC! I love old diamonds. Something about them just draws me in. Makes me wish my "OEC" really is an OEC.  ::)
« Last Edit: February 21, 2012, 10:47:09 PM by dovesgate »

Offline Sparkleho

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Re: knowing what is a good deal vs. bad deal with antique diamonds
« Reply #7 on: February 22, 2012, 09:08:40 PM »
I totally get what was said about whether or not I like the diamond.  I should point out that it is not an engagement ring, we have been married for 8 years and I have a gorgeous E VVS2 EC.   When I say buy something else I mean maybe a pink diamond eternity band or some diamond earrings ( not necessarily another OEC) My heart really belongs to OMC's.  I didn't email David because I have not bought anything from DBL ( I am a newbie and everything I think about gets scooped up immediately ha)
You can give me your honest opinions, it is also not certified, they graded it was VS2 and O color.  I would send it to the GIA if I decide to keep it.   You can give all the opinions you would like ! I would appreciate any input.  It is 1.75 and 7.5mm

« Last Edit: February 22, 2012, 09:11:08 PM by Sparkleho »

Offline Sparkleho

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Re: knowing what is a good deal vs. bad deal with antique diamonds
« Reply #8 on: February 22, 2012, 09:10:14 PM »
hmm doesn't appear that I can see the pictures... I will post direct links in case I did it wrong. 

http://tinypic.com/r/ap8pxj/5
http://tinypic.com/r/16gfm6a/5

Offline Trinkette

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Re: knowing what is a good deal vs. bad deal with antique diamonds
« Reply #9 on: February 23, 2012, 08:59:17 AM »
I can't comment. It wouldn't be fair. Or impartial. I love OECs.  >:D

Truthfully, Sparkleho, it is just too difficult to "read" a photo enough to pass judgement on any stone, let alone a mounted stone. Not that I'd want to pass judgement anyway! FWIW, from what I do see in the photos, your diamond looks lovely (but, then, like I said, I am particularly partial to OECs).

Thank you for sharing. Did you get this worked-out? Or, are you still on the fence about whether or not to keep the diamond?

Offline lovecolor

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Re: knowing what is a good deal vs. bad deal with antique diamonds
« Reply #10 on: February 23, 2012, 09:43:44 AM »
Good luck Sparkleho, looks to me like you have a difficult decision to make.  I think the diamond and it's setting are lovely!  Yet, jewelry designs are very subjective and must speak to you personally...does your DH mind one way or another whether you send it back or keep it?  I know how some of these fragile egos can place more weight on the item chosen even though you love the thought which counts more.  But, if you're not going to "love" it as much as you or he wants you to, it's a bit of a waste of funds for both of you.    :-\

 Like I said, good luck deciding!      :-*

Offline dovesgate

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Re: knowing what is a good deal vs. bad deal with antique diamonds
« Reply #11 on: February 23, 2012, 01:22:08 PM »
It's lovely and has a beautiful setting!

I would say that if you have doubts don't keep it but if you fall in love with it all over again every time you look at it then it deserves a special place in your jewelry box.

Offline Sparkleho

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Re: knowing what is a good deal vs. bad deal with antique diamonds
« Reply #12 on: February 23, 2012, 02:46:33 PM »
My Dh would probably prefer I return it, it is more than he wanted to spend for vday but it was the only thing I said I had liked.   Thing was that I made a big deal about it at the jewelry store when we saw it more because I was so shocked they had one.  They do not carry vintage anything! I think he mistook my shock for OMG I must have that. 

I do like the diamond, its very pretty but I think if I knew he got a good deal I would be more likely to keep it.  I am a frugal person haha

Offline lovecolor

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Re: knowing what is a good deal vs. bad deal with antique diamonds
« Reply #13 on: February 23, 2012, 02:58:39 PM »
 
My Dh would probably prefer I return it, it is more than he wanted to spend for vday but it was the only thing I said I had liked.   

   :patpat:   Your husband sounds like a nice guy!     

Offline Sparkleho

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Re: knowing what is a good deal vs. bad deal with antique diamonds
« Reply #14 on: February 23, 2012, 03:09:48 PM »
next time I will make sure the only thing I tell him I like is that 4 carat EC  :laugh:

Offline dovesgate

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Re: knowing what is a good deal vs. bad deal with antique diamonds
« Reply #15 on: February 23, 2012, 04:07:28 PM »
Aww that's so sweet of him! I have to say I love it when our husbands pick up on our likes and run with them. <3

Offline Trinkette

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Re: knowing what is a good deal vs. bad deal with antique diamonds
« Reply #16 on: February 23, 2012, 05:08:59 PM »
Quote
next time I will make sure the only thing I tell him I like is that 4 carat EC  laugh

That's the CDI spirit!  :devildance:

Offline Diamondsbylauren

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Re: knowing what is a good deal vs. bad deal with antique diamonds
« Reply #17 on: February 23, 2012, 07:48:20 PM »
Congrats Sparkleho!
It looks very nice.
Intersting about older diamonds.
It seems they are more commonly traded with EGL reports- which seems to me to be a poor choice.
With a GIA report we can't say the true value, but at least we have a far better idea.

It's great that folks can still find older diamonds at flea markets and such.
Once a dealer is selling it the price is totally different.
« Last Edit: February 23, 2012, 07:48:34 PM by Diamondsbylauren »
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