chipped diamond?

posted 2 years ago in Rings
Post # 2
Member
1262 posts
Bumble bee
  • Wedding: February 2015 - Mount Hermon

imhisoneandonly:  we used FMILs diamond in my ring. It has a chip. Before they set it, the jeweler appraised it do they would know how much to pay FI if it was ruined in the process. They said that because of the chip it’s worth $0. Nothing. Also, that chip increased the risk of the whole thing shattering during the setting process. Everything turned out fine, and it’s beautiful. 

A chipped diamond is worth nothing. 

Post # 3
Member
254 posts
Helper bee

Are you sure it’s a chip and not a feather inclusion? 

Post # 5
Member
2684 posts
Sugar bee
  • Wedding: March 1996

Maybe it would be a good idea to get the diamond/ring appraised so you know what the retail value is and can make an educated decision?

Post # 6
Member
665 posts
Busy bee
  • Wedding: October 2014

If it is really cheap, and it is possible to re-cut the stone.. Yep, I would buy it 🙂

 

 

Post # 7
Member
1517 posts
Bumble bee
  • Wedding: February 2012

A feather is a crack in the stone. If it reaches the surface of the diamond, it’s a problem.

Listen, I would not knowingly buy a chipped diamond. If you think it is a great deal, take it to an independent appraiser. That way you aren’t running into this “deal” blind.

Post # 8
Member
3693 posts
Sugar bee
  • Wedding: August 2013

Have it appraised. Blanket statements like “chipped diamonds are worth nothing” are blatantly false. Many times, chips can be polished out or the diamond can be recut. A lot of chips aren’t even really a big deal — they don’t always affect the structural integrity of the stone. Most diamonds in older rings have chips along the girdle anyway. You won’t know what’s up with this diamond unless you have an expert take a look at it.

Post # 9
Member
102 posts
Blushing bee

I agree with cmbr above. Take it to a reputable jeweler and have it appraised. It may not even be a chip. A recut may be a possibility as well. What are the stats? 

Post # 13
Member
8603 posts
Bumble Beekeeper
  • Wedding: December 2013

I’d buy it if it was eye clean and had a very good cut or better. And only if it was certified by AGS or GIA. It also depends where the chip is. I’d take it to a jeweler to see if there is a high risk of a the stone breaking. 

Post # 14
Member
164 posts
Blushing bee

I wouldn’t buy the diamond if the only reason is to get it recut. There are many factors that determine whether it qualifies for a recut. Depending on the types of inclusions, it might not be structurally sound to survive the process. Since its an I1, there’s a good chance it won’t qualify. The only way of knowing for sure is for the cutter to examine the stone themselves. 

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