Being here in New York City offers us a position at the very top of the supply chain.
Most of the diamonds that come into the US come in through New York City.
Well, it's not just the position geographically- it's also how we view the cutters we work with.
This stone is a great example.
The company that cut it is one of the top ten diamond cutters n the world. Big.
They found us- on the internet.
That was about 7 years back ,and it's been a wonderful ride since.
They cut everything from 10 carat, D/IF to M/I1 .25ct stones - and also a lot of Fancy Colors.
I get a phone call:
"Dave- A stone just got here and you need
to see this one."
Ten minutes later, when I opened the parcel paper, my reaction was..."HOLY CRAP!"
These people are DeBeers Siteholders- as such they are prohibited from selling treated diamonds. Not that I would ever think they would show me a treated stone anyway.
Plus it has a GIA report.
But it's IMPOSSIBLY bright Orangy- Yellow.
The color is just so ...vivid.
Anyway, GIA slaughtered the stone.
A 3carat Fancy Vivid Yellow, VS2, with a color anywhere near this will fetch $100 g's
After discussing the price, and consulting with a few other really sharp buddies- we agreed on a price. They are taking a loss- as the rough was almost a shoe in to be an super vivid yellow.
$hit happens when you're a diamond cutter........
Here's where we ended up.
ITEM #: R6154
Cushion Cut Diamond, Loose
SHAPE: Cushion Cut
COLOR: Fancy Deep Brownish Yellow
MEASUREMENTS: 8.10 x 7.86 x 5.21 mm
TOTAL DEPTH: 66.3%
TABLE SIZE: 64.0%
FLUORESCENCE: MEDIUM BLUE
GIA REPORT #: 2165518284