Post # 1
Hello, I am new to the forum but have been lurking and taking advices/notes for awhile 🙂 I finally decided to say hello and make my first board as my boyfriend and I finally decided to get married and shop for our engagement rings. And of course, I have a ton of questions that I would like to ask.
After browsing the diamonds from several places, we decided to go with Jared’s for their customer/warranty service and variety of diamonds. Yesterday, our salesguy brought in a 1.71 carat round diamond (almost 7.8mm) that has – very good cut, G color, and I1 clarity. The diamond is priced at $10,800. Is it just me or is that almost too cheap for a 1.71 carat round diamond even with those specifications? It shines nicely and stays true to its near colorless grade. I could definitely see the inclusions, but it’s mostly on the top right corner which I can cover with a prong. Here is a photo (I have a couple more photos if needed)
To me, the cut is the most important and then color. I can live with some inclusions as long as it doesn’t look like I colored the diamond with a black marker. Initially I had told myself that I didn’t want to go below ideal cut, H color, and S1 clarity. However, when I tried on this diamond, I was pleasantly surprised at how pretty it was.
Soooo my questions is: Is it a good buy or should I upgrade the cut to ideal and go smaller in carat? We also found 1.50 ish carats with ideal cut, G color, and SI/S2 inclusions for around $12-13k.
I would appreciate your thoughts and suggetions.
Post # 3
@tobymaxmom: If you had a close-up pic that would be more helpful.
Post # 4
Hi Aquaria- This is the closest photo I have. I am going back today to look at the 1.5 carat. Itry to get a closer photo.
Post # 5
The fact that it has I1, will lower the price in itself that’s pretty low.. Look at a diamond chart if you haven’t already with the 4 C’s.
Post # 6
You are paying for lighting at Jared’s that to mee seems extremely high for an I1 diamond. Just rememer, even with all of of the alleged warranties and upgrade policies, you will never get for a diamond whaty you pay for it. Perhaps you can go visit an indepently owned jewelry store and you will save yourself loads of money. Nothing wrong with an I1 diamond I have one, but it wasnt nearly that much in price and granted my diamond is 1.01 carats, but I would keep shopping if it was me… but I am betty bargain hunter.
Post # 7
I think it’s priced too high. On Shane Cos website they have a 1.70 F, S1 for 9700. Like pp said if you independently owned jewelers you can save even more than that. good luck!
Post # 8
@creeative1: I agree with you about the lighting. I guess I never considered I clarity diamonds until yesteday and had no idea how much they usually cost. The sales guy did tell me that if for some reason I am not happy with the ring, I have 30 days to return or exchange it. That made me a little more comfortable about purchasing this diamond. I think we are going to search a little longer. Thank you for sharing your thoughts!
Post # 9
@AngE0522: Thank you for the comparison! I may take that to the salesguy at Jared and see if they’re willing to negotiate on the price. I am also thinking about seeing a private jewler and hoping they offer same warranty plans.
Post # 10
The clarity it’s pretty bad, but if you love it I would do it!
Post # 12
Also, I would say it is overpriced. The Pricescope search shows a 1.75 GIA-graded G I1, very good cut for $8052.
Post # 13
I would highly discourage you from Jared.
For a large diamond like that, I would go no lower than ideal cut, and no lower than SI, preferably VS. You can get much more quality for your money online, and since you’re looking at a simple solitaire, you will have tons of option online.
Edit: for comparison, you can get a 1.5 carat, G color, SI1 ideal cut diamond on blue Nile for 10,800. Same price for better quality and a close size. The size difference would be barely noticeable, if at all.
Post # 14
- Wedding: November 2011 - Florida Aquarium
Honestly, I would skip Jared. We were set on buying from Jared– until we went to a local jeweler. The customer service and the prices were so much better. We went back for our wedding bands, too. Please comparison shop. We went in knowing the minimum specs I wanted based on our budget and walked out with a diamond that I never thought we could afford.
Post # 15
@Brittanyg20: I know, right? The clarity is definitely not good but when it was prettier than I expected. My face expression was not good when he first told me about the diamond, but when I tried it on, it actually looked better than it sounded.
Post # 16
I don’t think it’s a good deal at all. I wouldn’t pay $10k for an I1 diamond. It looks very cloudy in the picture. But, it’s all about what’s most important to you in specs. Personally, I’d go down in size a bit to get a less included diamond. Also, if you’re not color sensitive, going down a few color grades can save you some $, too.
Also, I see people mentioning Jared. If that’s where the diamond is from, you’re going to get ripped off. Go to a local, family owned jeweler! The customer service and prices will be much better!
I went to a local jeweler and got a larger, better quality stone then the one you have above for cheaper than $10k.