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Author Topic: GIA report just got back...questions  (Read 2400 times)
noclue
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« on: October 22, 2008, 10:03:32 PM »
Ok, I will admit that i am totally clueless about diamonds.  I even inherited the one I gave to my wife Grin

I was also given a yellow diamond by my great grandmother after her passing 10+ years ago and finally shipped it off to GIA.  $180 later I have no clue what the report means.  Looking at what to insure the thing for, not sure if I have a $500 or $5,000 stone...any insight would be GREATLY appreciated.  Here are the deails.

Round Brilliant
.79 Carat
NATURAL, Fancy Deep Brown-Yellow, Even
Clarity: I2
Total depth: 53.7%
Table Size: 61%
Girdle: Very thin to slightly thick
Culet: Medium
Polish: Good
Symmetry: Fair
Fluoresence: Non
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Diamondsbylauren
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« Reply #1 on: October 22, 2008, 10:34:20 PM »
HI No Clue!

Welcome to Cdi, thanks for posting.
I'd say a fair insurance replacement value would be $1500.

I'm not saying you could sell it for $1500- but I don;t think that's what you wanted to do anyway,....

Setting the diamond into a ring would be a great way to enjoy what your great grandmother left you......
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David
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« Reply #2 on: October 22, 2008, 11:10:00 PM »
Can you take a photo of it?
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noclue
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« Reply #3 on: October 23, 2008, 10:02:56 AM »
Sure, I am on the road travelling the rest of the week but will take pictures over the weekend.  Weird thing is I see zero brown in the stone.  Long history behind this diamond regarding so many people saying so many things which is why I finally sent it to GIA.  Most jewlers I took it into thought is was treated because of the deep yellow. 

Thanks for the prompt reponse.
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Trinkette
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« Reply #4 on: October 23, 2008, 11:31:08 AM »
Quote
Weird thing is I see zero brown in the stone.

Hi Noclue! Welcome. Based upon the GIA description, this sounds like an interesting diamond.  NOW, with your comment above, I am REALLY interested to see what this stone looks like (hard to know if an accurate rendition of the color can even be captured via a photo...).

There is some discussion in other areas of the forum regarding new "antique" looking settings. This type of setting may be perfect for your great grandmother's diamond. I think that it is neat that you have such a family heirloom.  notworthy
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oldmancoyote
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« Reply #5 on: October 23, 2008, 05:50:47 PM »
Welcome, NoClue!

It sounds like an interesting stone. I'm really curious about the no-brown brown, too!

Do you need help with the diamantese terms on the report, or were you only asking opinions about the value?
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Diamondsbylauren
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« Reply #6 on: October 23, 2008, 06:35:43 PM »
Yes, that is interesting!

When you say you see zero brown- do you see yellow?
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David
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noclue
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« Reply #7 on: October 24, 2008, 12:23:38 AM »
Exactly!...the stone looks about as pure yellow as yellow can be, no trace of brown.  I will try to get a good picture over the weekend but I have a feeling it will be tough.

I think I get the report verbiage but did not know what it meant in terms of value.  Prior to sending it to GIA I had taken it to a half dozen jewelers.  Half said it was treated and half said natural.  The last jeweler told me she tested it and has never been stumped in her entire career until now, which prompted me to send to to GIA to know once and for all.

One guy at a jewelry store in S. Cal almost fell off his chair when he saw it...I sent it to supposedly the best (GIA) and still have no clue re: value.

Has been an interesting process...
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Diamondsbylauren
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« Reply #8 on: October 24, 2008, 11:11:30 AM »
GIA never assigns a value to a diamond when submitted for a report.
In a sense, that's one of the most important differences between GIA and labs like EGL, that do assign a value.
The reason is that any value assigned is arbitrary- that is, unless they are offering to pay the appraised amount.
Look at it this way: the same ring that Tiffany's sells for $50,000, in the hands of a private individual walking into a pawnshop may yield less than $10,000....so what does that item appraise for?
Even if one had an appraisal of $50k- or even more- that will not mean they will be able to sell for that price.
Insurance replacement is a different story.....but even then, if a diamond has a GIA report, an insurance company can extrapolate a fair market value.
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David
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noclue
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« Reply #9 on: October 27, 2008, 07:22:16 PM »
Here it is...whoever said that color is hard to capture was dead on...this does look quite brown but the stone in person really looks quite different.  Sorry about the fingerprints... Grin

I bet if I did put it next to a stone that was yellow I would see the difference.
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noclue
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« Reply #10 on: October 27, 2008, 07:32:51 PM »
Oh yes...and was thinking about a setting like this...thougts?
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Diamondsbylauren
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« Reply #11 on: October 27, 2008, 07:51:33 PM »
Hi noclue- apparently I have no clue either...because LOVE that setting idea!!!

In fact, we have a Y-Z light yellow round.....r2751- which we are setting into a similar ring.

I love the way the color of your stone looks- from your photos I can easily see why GIA gave it the brown modifier......
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« Reply #12 on: October 27, 2008, 09:45:49 PM »
This semi mount would be nice.
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