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  • Diamond Estimated prices

    Recently I bought a 1.1ct Diamond from a well known Jeweler in PTA. I was impressed with the price and up until today still very happy.

    The ring was designed and made for us.

    I paid R38 000 for everything, labour gold pointers teh works.

    Ok. I got a certificat efrom hom for replacement value of R75 000.

    This still ain't my question, jyst some background taht I know what it costs and what they say replacement will be ain't the same.

    If I want to bid on a diamond, say like this one that just closed http://www.bidorbuy.co.za/item/10028...o_Reserve.html

    How do I as a noob know what it is worth? Was this R9300 a bargain? If it was, why did a R60 000 gem go for R9300?

    I mean, say I pay the R9300, and after a month I walk into a Jewelery shop to try sell it, what will I get for it?

    Is there like a formula to work this out, on how much to pay to not OVERpay for a stone?

    Would appreciate the help. I'm looking for a diamond about 1.1ct, but don't want to cry after I paid the bucks over........

    Thx in advance people!!

  • #2
    hello, I think this stone sold for about what it was worth(retail that is), the 60000 rand guide price should be ignored, if a retailer had it marked up at that price, then it would stay in the store for a very long time!!!

    For the price mentioned you should be able to pick up a H colour in the VS2 - SI1 range and that's retail not wholesale.

    Unless gradings are supported by genuine and recognised certificates, then they should be taken with a pinch of salt!!

    regards Jeff.
    Motherearth - Fine Jewelry and Gemstones
    http://www.bidorbuy.co.za/jsp/userpr..._UserId=480951

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    • #3
      "For the price mentioned you should be able to pick up a H colour in the VS2 - SI1 range and that's retail not wholesale."

      I agree with Motherearth, seems like a poor quality stone to me, and anything but cheap at the price paid.......but I am a VVS1 & VVS2 man and only buy quality diamonds.
      [/quote]
      My age is but an irrelevant number !
      Items I am selling.

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