Buying a Diamond
Q.My future fiance and I went diamond shopping this past weekend and I wanted to make sure that the price which we were quoted for the diamond that we wanted was a fair one - so hopefully someone out there has extended knowledge of diamonds and their market value and can give me some insight. We wanted a .75 carat diamond - Princess cut - VVS1 - G color and were quoted a price of about $3300 - this does not include the extra $1300 for the setting that we chose. Is this a fair price?
A.think the price you were quoted was a pretty fair price, especially if it was from a retail jewelry store. However, I think that you can do a little better if you do some more shopping around. You didn't say if the stone you saw was certified by a gemological lab like G.I.A., I.G.I. or E.G.L. I carry a large selection of diamonds and I have a couple that I thought you might be interested in. I can give you specs on many more princess cuts diamonds as well. .93 carat princess cut certified by the I.G.I. F color/VVS2 clarity, excellent cut. Your cost $3,750.00. .80 carat princess cut (not yet certified) G-H color/VS1 clarity. Your cost $2,600.00 .70 carat princess cut (not yet certified) G color/VS clarity. Your cost $2,300.00 All of our stones come with a 7 day money back guarantee. There is no sales tax on orders shipped outside New Jersey. I also carry a large selection of 14kt, 18kt, and platinum mountings that might be considerably less than the $1300.00 you were quoted. When even carry settings made by designers like Scott Kay, Jewels by Star, Goldman, etc...
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