- Joined
- Nov 16, 2003
- Messages
- 645
Everyone with an armchair as an opinion but it may be hard to find the opinions of people like me who clicked out of your website when they learned that anything they'd be interest in had a secret price.Richard W. Wise said:Kenny,
Interesting, I would be interested in other opinions on this as well.
Best,
kenny said:Richard W. Wise said:Kenny,
Interesting, I would be interested in other opinions on this as well.
Best,
Just be sure to find people who just abandoned their searches on site with secret prices because of this and returned to vendors with published prices.
Everyone has an armchair opinion . . . plus almost everyone at PS is too nice to say anything that's not nice.
I feel I am more helpful being honest and transparent.
brandy_z28 said:I see both sides as well, but my way of thinking aligns with Kenny's. If I don't know the price of a gem I just assume that it's out of my price range and don't want to waste my time or the vendor's. What piques my interest is knowing that a gem that I've fallen in love with is either in my price range or close enough to seriously ponder.That's what keeps me coming back to it and eventually thinking that I have to have it in my collection. I was very glad to see that John Dyer has started listing the prices of his gems on his site, low and behold he does have some nice ones in my "possible" range. I wouldn't ever have asked about them though. My point is probably moot though, as my gemstone budget doesn't even approach 5k so anything that I could afford would be listed on Mr Wise's site. The only way I could afford one that wasn't listed would be to hit the lotto and then I wouldn't be spending my "hard earned" cash on it. Presumptively I could then be more frivilous and not necessarily interested in finding the best price, moreso the best stone.
I like to know what I'm dealing with up front, to each their own.
Richard W. Wise said:Kenny,
Congratulations on your purchase.
Again, my prices are not "secret." the are simply not published on the internet. I have developed an entire grading system together with definitions to aid the consumer. I really don't follow your reasoning. Do you contend that comparing to images allows you to compare prices on two different gemstones? If so, as has been mentioned ad nauseum on this forum, you are buying the most photogenic stone not the best stone.
Some clients prefer not to telegraph their purchases and serious buyers always speak directly with vendors before spending serious money as I am sure you did with the company from whom you purchased your stone.
Best of luck,
Aoife said:I wanted to add that I don't share some of Kenny's feelings about so-called "secret" pricing. My issue with it is not that the vendor might be inflating or discounting the prices as the mood took him. Not saying that couldn't happen, just saying that isn't my concern. What is the issue for me is that as a consumer a) my time is valuable, as I assume is the vendor's b) I very seldom live in the same time zone as the vendor c) I don't know how interested I am in a gem or anything else until I have an idea if my evaluation of its worth matches the asking price, and if that is a price I might be willing to pay. I very seldom fall in love with anything material without knowing if I can afford it. Life's too short to hanker after things you can't have.
Gailey said:Richard W. Wise said:Kenny,
Congratulations on your purchase.
Again, my prices are not "secret." the are simply not published on the internet. I have developed an entire grading system together with definitions to aid the consumer. I really don't follow your reasoning. Do you contend that comparing to images allows you to compare prices on two different gemstones? If so, as has been mentioned ad nauseum on this forum, you are buying the most photogenic stone not the best stone.
Some clients prefer not to telegraph their purchases and serious buyers always speak directly with vendors before spending serious money as I am sure you did with the company from whom you purchased your stone.
Best of luck,
Since you are soliciting opinion Mr Wise, could you please tell us why you decided to develop your own grading system and definitions to aid the consumer, as opposed to adopting one of the grading systems offered by one of the reputable labs.
How does your grading system differ from that of the major labs' and how does having yet another grading system serve to aid the consumer as opposed to confuse him further?
TravelingGal said:I like to read between the lines. I've haven't seen anything rated low on his site by his scale (probably because he doesn't buy them) but it's fun to see the comments when they're obviously very impressed/excited vs. "excellent color and cut."
LovingDiamonds said:I totally disagree with in-house ratings (especially a self developed tool) for the following reasons:-
1. Grading is subjective and not objective
2. How many vendors actually give a stone they're trying to sell a poor rating?
3. It's confusing to those who don't understand coloured gemstones - why have so many different grading systems?
TravelingGal said:brandy_z28 said:I see both sides as well, but my way of thinking aligns with Kenny's. If I don't know the price of a gem I just assume that it's out of my price range and don't want to waste my time or the vendor's. What piques my interest is knowing that a gem that I've fallen in love with is either in my price range or close enough to seriously ponder.That's what keeps me coming back to it and eventually thinking that I have to have it in my collection. I was very glad to see that John Dyer has started listing the prices of his gems on his site, low and behold he does have some nice ones in my "possible" range. I wouldn't ever have asked about them though. My point is probably moot though, as my gemstone budget doesn't even approach 5k so anything that I could afford would be listed on Mr Wise's site. The only way I could afford one that wasn't listed would be to hit the lotto and then I wouldn't be spending my "hard earned" cash on it. Presumptively I could then be more frivilous and not necessarily interested in finding the best price, moreso the best stone.
I like to know what I'm dealing with up front, to each their own.
Kenny's point, from what I can see is not that the price isn't published, but because it's "secret" that it is not in fact a set price and would move depending on whatever factors float the boat of the vendor on that particular day. I see his point, because that certainly could be possible. But I also know I am not going to buy something without 1) being able to afford it, so they can bloat the price til the cows come home...it needs to be something I think is a fair price for what it is and, 2), I'm generally gonna haggle anyway...it's the Korean in me!![]()
TravelingGal said:LovingDiamonds said:I totally disagree with in-house ratings (especially a self developed tool) for the following reasons:-
1. Grading is subjective and not objective
2. How many vendors actually give a stone they're trying to sell a poor rating?
3. It's confusing to those who don't understand coloured gemstones - why have so many different grading systems?
I agree LD. Which is why I wouldn't buy anything without a cert. And maybe a total noob would be confused as you point out. But I don't mind the grading, which I think is subjective because I like to see it for fun, if not anything else.
I haven't seen a "poor" rating on Richard's site, but have seen stones that haven't gotten a great rating...and I sort of read between the lines.
LovingDiamonds said:The problem I have is that I don't believe the rating system can be relied on (see my comment re the cc sapphire above). Also, for a noob it's utterly misleading.![]()
empress said:I expect to get value from Richard, not a deal.
empress said:If I'm looking for house and I want 8 bedrooms and 8 bathrooms and a pool and guest house - I'm not going to go looking in Levittown. If you've done your homework - you know who Richard Wise is. I expect to get value from Richard, not a deal.
Richard W. Wise said:The fact is, most of my stones are in the 9 of 10 category because that is what I buy. Images are images.
Richard W. Wise said:Thanks everyone,
Let me try to answer some of the questions raised.
Grading systems: There is really only one objective system that is currently in use, AGL's Colorscan. I was trained in it back when Cap Beasley introduced it in the 1980s. In those days you could buy the set of quilted foils. Several systems were introduced, unfortunately due to the politics, no system was accepted. GIA now has a color description nomenclature system, not a grading system. My approach is an upgrade of AGL's approach adding the 4th C.
I find it interesting that one forum member who has never been to my office or seen my inventory can critique the quality of my gems simply by viewing images. Quite unfair and woefully inaccurate. The so-called gray color change sapphire is not gray at all, it is, in fact, exceptional, perhaps the best one you will ever see, but, of course, you have not seen it. The fact is, most of my stones are in the 9 of 10 category because that is what I buy. Images are images.
As for accuracy in grading, there is the buyer's eye and the seller's eye. I try to be accurate but I am no more free of prejudice than any one else.
The sourcing of rare and fine gemstones is hard work. Much of what has been said here boils down to a desire to have the whole world laid out and at your fingertips, a universal grading system, lab reports, comparative pricing, consistent photography. It's tough, but I enjoy the hunt and if you are just interested in an engagement ring for your fiance, no problem, soon there will be a Iphone app that will allow you to stand in a jewelry store and compare online prices and certificates while the jeweler is making his pitch. However, if you want an extraordinary color-change sapphire you are going to have to work harder. Laboratories are inconsistent, photos lie and there is no universal grading system.
In 2003 I published a book designed to help collectors understand how to look at and evaluate gemstones. Most of the criteria used to critique gems on this forum come directly from that book. In it I said, there are no shortcuts to connoisseurship, but isn't learning that half the fun?