Rough ring valuation.
Discussion
On behalf of my parents who are getting conflicting advise from dealers about a diamond ring. I know there are some experts on here so I'm looking for a rough ball park figure.
Details are - Solitaire, Rose Cut, 2.05 Carat set in 18c Gold. Certificate of authenticity/carat. Purchased in 1995. Told there are two small chips and two flaws not visible to the naked eye.
I fully appreciate it difficult to value something like this without seeing it but I'm looking for a rough ball park figure to make sure they aren't getting ripped off.
Thanks.
Details are - Solitaire, Rose Cut, 2.05 Carat set in 18c Gold. Certificate of authenticity/carat. Purchased in 1995. Told there are two small chips and two flaws not visible to the naked eye.
I fully appreciate it difficult to value something like this without seeing it but I'm looking for a rough ball park figure to make sure they aren't getting ripped off.
Thanks.
By rose cut i assume 'old cut'? Rose cuts are usually very small, poorly faceted stones that littered rings from the Victorian era. Old cuts are a common but old fashioned style for larger centre stones. You can also get hybrid old cut / brilliant cuts called European cuts. Very nice stones but lesser known and quite rare. My missus had a 1.3ct European cut for her engagement ring in 2006 and only a couple of weeks ago i found a matching one of 2.38ct which will replace / upgrade from her smaller original stone (hard times). Anyhoo, back to topic.
From the description i cannot value it accurately at all. Stones of 2.05ct will range anywhere from £3k to £60k+depending on clarity etc. If it only has a couple of small inclusions then it's probably SI or better. Assuming VS for arguments sake and an average to good colour then the highstreet / replacement value will be circa £15 to £20k. Could be more, could be less. The chips should not affect the value unless really bad as the value is based on the cost to replace like for like when new. As a guide, my missus new 2.38ct was valued at £42k given the grading came back at VVS2, colour H so if your stone is better than average you could be looking at more value than first thought. If it's SI or worse and poor in colour then it could be worth very little. The good thing about old cuts is that they do hold a slightly higher value than the modern cuts as they have that antique credibility to them. Be interesting to see any pics if you have them.
From the description i cannot value it accurately at all. Stones of 2.05ct will range anywhere from £3k to £60k+depending on clarity etc. If it only has a couple of small inclusions then it's probably SI or better. Assuming VS for arguments sake and an average to good colour then the highstreet / replacement value will be circa £15 to £20k. Could be more, could be less. The chips should not affect the value unless really bad as the value is based on the cost to replace like for like when new. As a guide, my missus new 2.38ct was valued at £42k given the grading came back at VVS2, colour H so if your stone is better than average you could be looking at more value than first thought. If it's SI or worse and poor in colour then it could be worth very little. The good thing about old cuts is that they do hold a slightly higher value than the modern cuts as they have that antique credibility to them. Be interesting to see any pics if you have them.
Ruskie said:
Yes it's old cut. 2 small inclusions and 2 small chips.
Top offer so far is £2600.
It's certificated at 2.05 carats and insured for £6700.
obviously you have no idea what colour it is , what its clarity is, what symmetry it has, does it have fluorescence .......so it is impossible to give you advise ....however if its been valued for insurance at £6700 then a £2600 bid is not that bad Top offer so far is £2600.
It's certificated at 2.05 carats and insured for £6700.
Ruskie said:
Sy1441 said:
Insurance Valuations aren't worth the paper they're written on when it comes to market resell value.
What point do they serve then?Resale / scrap value is based on scrap metal prices and wholesale diamond value. Usually about 10% of the retail value.
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