I have a 2.00ct Diamond Solitaire Engagement Ring, F in color and SI1 in clarity.
My engagement didnt work out and when we broke up he said keep or sell the ring, he paid $23,800 and the ring came with a UGL appraisal of $23,800.
But the thing is we had a feather filled in, also we got a lifetime warranty on the ring if it is stolen, cracked or anything they will fix or replace the ring, and they will resize the ring for free at any time.
But we sent the ring back to UGL to have it re-appraised($20,800) the cert came back to saying *clarity enhanced.
The clarity grade was never changed it is naturally SI1, also on the lifetime warranty card it states the diamond only have a feather filled and the diamond was never a SI2 to I3.
But potential buyers frown on clarity enhanced because they think the diamond was once a SI2 to I3. Which it never was.
I am asking 9k, is that too much or too little to ask for the ring? I have to listed on craigslist.orgHow much is my DIAMOND Engagement ring worth?? Please Help need Advice!?
An individual can usually sell a diamond for 1/2 the appraised price.How much is my DIAMOND Engagement ring worth?? Please Help need Advice!?
It is clarity enhanced, when you had it drilled and a feather filled in, that enhances clarity and is exactly what clarity enhanced means, removing inclusions by drilling and filling in. Because it was drilled and filled in, it doesn't matter that the original grading was SI1 before you did that, its great you've got documentation that the original grade is SI1.
Honestly I don't think it hurts your chances of selling it. Most people that don't know jack about diamonds are not going to buy one that large for so much money without going to a reputable dealer. Who you will get is those that know something about diamonds. Yes the lay person usually does do some research but that isn't enough understanding to feel comfortable purchasing off craigslist. That you have an appraisal helps your case. That its an SI1, not so much, most prefer a diamond with VS that are spending that kind of money imo.
Yeah 9k is too high. But people generally overspend for diamonds. How are the rest of the specs? cut, shape, symmetry, polish, girdle, fluorescence, l/w ratio? Alot of those things will determine how much interest you get in the diamond, also EGL is known for being a very lax certified company meaning their grading system is more loose and what is an F EGL is a G-H GIA or AGS and people know this. Again a person who knows diamonds can inspect and get a good feel if the diamond is as advertised.
Generally the return on a diamond is 25-30 percent being that its EGL and SI1 but lets here those specs on the grading report and an appraisal is generally about 25-100 percent higher than ticket cost. For my diamond, it cost 4700, it appraised for 8300. It is .89 emerald shape very good cut, E/VVS2, table 68 depth 59, pol/sym excellent, med faceted girdle, no fluo, l/w 1.34 and measures 6.77x5.02x2.97mm. That is what I need to know. I can probably get pretty close to the paid price maybe a little less, maybe a little more.
When you list on craigslist mention that its certified, have 2 appraisals, eyeclean, and all the specs, plus put up good images of it and put something of known size in the pic like a penny. Be sure to clean it well and polish it, wouldn't hurt to take into any jewelery store and have them put it in there cleaner first and polish-this is free. Mention the size of the ring, and also the setting like 2.5mm comfort fit in platinum for ex.
Actually I have been exchanging e-mails with a guy in the market for a 2ct diamond, he's looking at a cushion shape and his top pick cost is 8500 and that is GIA, 2.04ct its an F also, SI too. Not all the specs are fabulous, the depth is a bit shallow, table a bit large, girdle a bit out of range, but it is a very good cut with very good pol/sym and l/w within parameters of that shape. He asked q on yahoo, you can see in my q and a history his q which is recent and I got best answer. The link to the diamond is on there
All I have to say is Beetlemilk sounds like she knows what she's talking about!
I would get it appraised before doing anything drastic like listing it on craigslist. Consider going to multiple jewelers to get a good range of a quote.
You truly should deserve the full amount when you haven't even worn it. I think that 9k sounds like a good price. I think anyone would be happy with a ring like that for ONLY 9k!
Ouch! Never heard of UGL. The clarity enhancement that was done is going to hurt you.
I would say 20% or appraised value, especially in this sucky economy we're living in.
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I would definitely get it appraised. Also be careful on craigslist when you have an item like that with an asking price of what you are asking. You don't want any hassles. See if the place you go to get it appraised has some ideas on good places to sell it as well.
Good luck!
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