Diamond advice needed .
Q.I'm new to both the world of diamonds as well as this newsgroup. I'd like to get your opinions on how much the following loose diamond should cost... I've seen the above diamond offered for $3000 Cdn. (about $2300 U.S.?) which strikes me as a good deal. Could this make a turnover/profit if I re-sold it in U.K.? So rather than just dismissing me as a fool, it would be more helpful if you gave me some practical advice or answers. For one, what is it about my question that makes you think I'm an idiot or that I'm ill-prepared to make a purchase? I'd honestly like to know, so that I can start remedying the deficiency in my knowledge *before* I make a purchase rather than after it. Was it my description of the diamond I saw (did I leave out some major part of the description; or did I include something irrelevent?), was it my statement that I thought it was a good price, or was it my general question about the possibility of privately re-selling a diamond from Asia in Europe?
A.I understand that there are various scams and things like that out there. I don't pretend to be an expert, but here is what I've done so far to learn about diamonds: I've read "How to Buy a Diamond" by Renee Newman twice, I walk into just about any jewellery store I come across to take a look at the half-carat diamonds under a 10x loupe/microscope. So I'm familiarizing myself with what a good proportionate round brilliant should look like. I'm also looking at their grading reports and familiarizing myself with what an authentic report should look like, what the reputable grading labs are, and looking at the laser inscriptions on diamonds to verify that it matches the ones on the certificate. And for an additional opportunity to learn. So, for starters, put down the book intended for total newbie retail buyers, and instead, find a good diamond book intended for professionals. A couple suggestions: "Diamond Grading ABC: Handbook of Diamond Grading" , Verena Pagel-Theisen, 2000. Eric Bruton's "Diamonds", if you can find it. And there are more. But consumer level buying guides just won't give you the detail. You need to be able, if you're buying gems, to understand and see the differences that determine one grade of color or clarity from an adjacent one. And you need a thorough understanding of diamond proportion grading (a complex, sometimes difficult issue, and something you can NOT determine accurately from most diamond grading reports and certs)
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