Author Topic: Ever wonder what a diamond graded "N" color by GIA looks like?  (Read 30589 times)

Offline Diamondsbylauren

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Re: Ever wonder what a diamond graded "N" color by GIA looks like?
« Reply #25 on: January 23, 2011, 03:42:10 PM »
Hi Luca,
We can rest assured that the IGI report is not going to be taken seriously by the trade- or pretty much any serious buyer. Only GIA reports are used by serious trade buyers today.

In terms of  price: this type of stone- that being a "cape" color round- won't trade at $50,000 in any market I can think of.
I'm sure it's a beauty- and has a lot of value.
How much? It's not possible to say without seeing it.
« Last Edit: January 23, 2011, 03:42:49 PM by Diamondsbylauren »
David
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Offline Luca73

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Re: Ever wonder what a diamond graded "N" color by GIA looks like?
« Reply #26 on: January 25, 2011, 02:19:46 PM »
Hi,

I understand that you have the experience that I definitely lack about dealing with diamonds. By the way click on this link on a similar N colour diamond listed on the internet. the weight is slightly over 5 KT(it's over 50000 $) while mine is 5.62 kt(even bigger)

the link:

<link removed>
« Last Edit: January 25, 2011, 03:43:35 PM by Diamondsbylauren »

Offline Diamondsbylauren

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Re: Ever wonder what a diamond graded "N" color by GIA looks like?
« Reply #27 on: January 25, 2011, 03:46:38 PM »
HI Luca,
We had to remove the link as we don't link to other sites selling diamonds....

But I stand corrected- there are sites asking high prices for such stones.
Having said that, I don't think they'll find buyers.
David
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Offline oldmancoyote

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Re: Ever wonder what a diamond graded "N" color by GIA looks like?
« Reply #28 on: January 25, 2011, 09:50:17 PM »
There's two key questions on that comparison:

1. Is it apples to apples? (GIA grade vs. IGI; cut quality; fluorescence; ...)

2. The price at which the retailer sells (assuming it will sell, as David says) is not the price at which the retailer will buy


Offline Diamondsbylauren

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Re: Ever wonder what a diamond graded "N" color by GIA looks like?
« Reply #29 on: January 25, 2011, 10:12:26 PM »
Great points OMC!

We bought a lovely stone today- GIA graded U-V Si1- with an EX cut grade.
The difference in the asking price to what the cutter accepted was huge.
We'll be offering the diamond for $$2699.
He wanted a price that would have made our list price about $700 higher.
I'm not saying he was wrong- it might be worth $700 more- but my point was that the value is more affected by what people will be willing to pay for such stones.
To me that makes them a huge value.

More relative to the price: I just did some online checking and found 5carat+ J color stones for about $70k+-

An N color is worth substantially less than a J- I'd say about 30 % less

So it actually might bring $50k retail- but that means a private seller will get at least 30% less than that.
« Last Edit: January 25, 2011, 10:13:33 PM by Diamondsbylauren »
David
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