Loose diamonds on Amazon
Discussion
Is it just me, or does this seem astonishingly cheap for a 1ct D/IF round brilliant diamond?
http://www.amazon.co.uk/Carat-Round-Brilliant-Loos... and that's supposedly including VAT.
The closest match I can find on Blue Nile is £19,925 + VAT - more than double. Am I missing something? I figured I must be.. like certification. So I found the diamond on their website, and certification is "DMGG" which I've never heard of. And then I found: "DMGG is the denomination given to the diamonds which have been graded by our graduate gemologist. The certificate provides an insight on the four Cs (carat, colour, clarity and cut) amongst other details."
Aha. Is that the missing 15 grand? Is it because their newbie gemologist has graded it way above what GIA/AGS would, and so it's not really what it claims to be?
http://www.amazon.co.uk/Carat-Round-Brilliant-Loos... and that's supposedly including VAT.
The closest match I can find on Blue Nile is £19,925 + VAT - more than double. Am I missing something? I figured I must be.. like certification. So I found the diamond on their website, and certification is "DMGG" which I've never heard of. And then I found: "DMGG is the denomination given to the diamonds which have been graded by our graduate gemologist. The certificate provides an insight on the four Cs (carat, colour, clarity and cut) amongst other details."
Aha. Is that the missing 15 grand? Is it because their newbie gemologist has graded it way above what GIA/AGS would, and so it's not really what it claims to be?
Not sure that "graduate" necessarily implies newbie? Simply a person who has graduated? Irrespective, the lack of an "independent" certificate is surprising given that it is supposedly of such quality.
Of course, you could buy it and have it independently graded and return if not up to scratch. You'd be gambling the evaluation fee to find out if it were any good.
One would hope there wouldn't be a case of "but Sir, that isn't the diamond we supplied" when buying via Amazon but the risk would still concern me buying diamonds online.
However, I'd probably take the view that if something like this looks to good to be true then it probably is...
Of course, you could buy it and have it independently graded and return if not up to scratch. You'd be gambling the evaluation fee to find out if it were any good.
One would hope there wouldn't be a case of "but Sir, that isn't the diamond we supplied" when buying via Amazon but the risk would still concern me buying diamonds online.
However, I'd probably take the view that if something like this looks to good to be true then it probably is...
munky said:
Is it just me, or does this seem astonishingly cheap for a 1ct D/IF round brilliant diamond?
http://www.amazon.co.uk/Carat-Round-Brilliant-Loos... and that's supposedly including VAT.
The closest match I can find on Blue Nile is £19,925 + VAT - more than double. Am I missing something? I figured I must be.. like certification. So I found the diamond on their website, and certification is "DMGG" which I've never heard of. And then I found: "DMGG is the denomination given to the diamonds which have been graded by our graduate gemologist. The certificate provides an insight on the four Cs (carat, colour, clarity and cut) amongst other details."
Aha. Is that the missing 15 grand? Is it because their newbie gemologist has graded it way above what GIA/AGS would, and so it's not really what it claims to be?
I think this is the case. The stone is on offer at £7150 ex vat, this is absolute fantasy for a 1.0ct D Flawless. Blue nile are very aggressive with their pricing, and offer at not much over the traded cost. So to find the same spec stone at a 65% discount on their price is not going to happen. http://www.amazon.co.uk/Carat-Round-Brilliant-Loos... and that's supposedly including VAT.
The closest match I can find on Blue Nile is £19,925 + VAT - more than double. Am I missing something? I figured I must be.. like certification. So I found the diamond on their website, and certification is "DMGG" which I've never heard of. And then I found: "DMGG is the denomination given to the diamonds which have been graded by our graduate gemologist. The certificate provides an insight on the four Cs (carat, colour, clarity and cut) amongst other details."
Aha. Is that the missing 15 grand? Is it because their newbie gemologist has graded it way above what GIA/AGS would, and so it's not really what it claims to be?
Dominic H said:
munky said:
Is it just me, or does this seem astonishingly cheap for a 1ct D/IF round brilliant diamond?
http://www.amazon.co.uk/Carat-Round-Brilliant-Loos... and that's supposedly including VAT.
The closest match I can find on Blue Nile is £19,925 + VAT - more than double. Am I missing something? I figured I must be.. like certification. So I found the diamond on their website, and certification is "DMGG" which I've never heard of. And then I found: "DMGG is the denomination given to the diamonds which have been graded by our graduate gemologist. The certificate provides an insight on the four Cs (carat, colour, clarity and cut) amongst other details."
Aha. Is that the missing 15 grand? Is it because their newbie gemologist has graded it way above what GIA/AGS would, and so it's not really what it claims to be?
I think this is the case. The stone is on offer at £7150 ex vat, this is absolute fantasy for a 1.0ct D Flawless. Blue nile are very aggressive with their pricing, and offer at not much over the traded cost. So to find the same spec stone at a 65% discount on their price is not going to happen. http://www.amazon.co.uk/Carat-Round-Brilliant-Loos... and that's supposedly including VAT.
The closest match I can find on Blue Nile is £19,925 + VAT - more than double. Am I missing something? I figured I must be.. like certification. So I found the diamond on their website, and certification is "DMGG" which I've never heard of. And then I found: "DMGG is the denomination given to the diamonds which have been graded by our graduate gemologist. The certificate provides an insight on the four Cs (carat, colour, clarity and cut) amongst other details."
Aha. Is that the missing 15 grand? Is it because their newbie gemologist has graded it way above what GIA/AGS would, and so it's not really what it claims to be?
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