Crazy stupid LGD pricing? Or the new normal?

[jaqjaqjaq]

All joking aside, I would be one furious customer - switching diamonds (especially fancy shapes which are so hard to get right) and shoddy bench work = completely asinine.

100% agree! I can’t imagine the shock that customer had getting their ring :/ The response they received from the company is extremely unprofessional - it’s basically like saying SURPRISE, you’re welcome.

 

[DejaWiz]

100% agree! I can’t imagine the shock that customer had getting their ring :/ The response they received from the company is extremely unprofessional - it’s basically like saying SURPRISE, you’re welcome.

Unfortunately, the customer thought it was some great gesture and decided to keep it.

 

[AllAboardTheBlingTrain]

The vast, vast majority of diamond buyers have absolutely zero clue what makes for a good diamond. They’re buying based off of the 4Cs at best. Is this an acceptable practice? Absolutely not, in no way shape or form. But the customer likely is just seeing it as “bigger carat = better diamond”. The customer base they’re targeting would never spend time discussing the minutiae of cut quality on a diamond forum like this one.

The setting quality is execrable, to put it mildly, but again - the average consumer is likely not discerning enough to notice or care.

All that is to say that I wouldn’t buy a diamond from them if they sold it to me for $5. But I also spend way too much time on this diamond forum so… clearly I’m not the target audience

 

[lovedogs]

All joking aside, I would be one furious customer - switching diamonds (especially fancy shapes which are so hard to get right) and shoddy bench work = completely asinine.

I would be livid

 

[DejaWiz]

I would be livid

If this happened to me, then I would have to calm down to livid level to be livid.

 

[evergreen]

I ordered two pear diamonds from Luvansh yesterday after reading through this thread (loose, sight-unseen, I just matched their dimensions and selected "universally acceptable" color and clarity ranges). They're going to be earring drops and I wanted SIZE for my small budget, and way (way, way) secondarily cut and all that stuff. Most "typical" lab pears are, to my eyes, an OK cut. Like, fine. Adequately fine. (Ritani didn't have a lot that I'd consider unacceptable, for example.) NOT looking for PS-quality cuts here...

...because WOW they were the cheapest by far. LIKE WOW THE CHEAPEST. Worst case scenario for me was they weren't able to get them and "upgraded" to some other matched pair-of-pears which would probably be equally fine given how little info I have about the diamonds at baseline. (Ok, worst would be they are a front for the mob and I both don't get diamonds AND get my knees broken, but at least I could do a chargeback on my credit card...!)

Figured I'd bump this thread because I just got a call from a NY number that the diamonds were in-house, in-hand, and shipping to arrive tomorrow. The guy on the other end had a generic American accent and at least if there was an issue with the order we would be able to communicate easily. So... so far, good impression. And both are IGI certified and inscribed. If they are actually crystallized carbon I will feel very pleased with myself.

 

[musicloveranthony]

It's really gonna stick out from the crowd!

Omg stoooop hahahaa

 

[evergreen]

Diamonds are in hand and I louped both to match the inscriptions. They are, as expected, averagely-cut pears, and I didn't bother louping for inclusions; G color looks white to me.

Absolutely lowest pricing on LGDs I've seen, including a particular well-known Instagram seller...! I was too slow to get an item posted by that seller's LGD account, and it led me to search around; the item I missed was a set made up of a pair of lab emerald cushions with pear LGD drops for earrings, and these Luvansh pear diamonds cost slightly under the set price but are 1.5cttw larger compared to the diamonds in the Insta set. I'll figure out where to get lab emeralds if I go that route; they aren't hundreds of dollars, though!

Quite, quite pleased. FYI the gems folded in paper were slipped into the cert envelopes, just placed "naked" in a FedEx envelope, no signature required, which I like because there's zero boxes/fancy packaging to dispose of, and I can't always stay home from work to receive a delivery, but if you're looking for fanfare this ain't it. The Luvansh return address is displayed, so I guess there's a risk of porch pirates with that much disclosure!

 

[0515vision]

Wonderful! Can I ask the price?
And we *must* see your final earrings!

 

[OboeGal]

I've seen this Luvansh seller mentioned a few times recently - i have my suspicious.
Much of their listed stock doesn't appear to be available at other popular online sellers that did once have a listing for the diamonds.
"Oops, sorry that one is no longer available...but we have this other 'comparable' option for twice the price!"
Hopefully I'm wrong with such a hunch.

I'm suspicious of them as well. I've deep-searched their inventory, looking at the certs of bunches of stones, and it was rare to find anything that had the kind of proportions I would consider. Also, at the time that I was looking a couple months ago, they didn't have pictures/videos of ANY of the actual stones listed. I did finally find a stone from them I was interested in for a great price and found it at another vendor - might have been Adiamor, but I don't remember for sure - and when I requested a price match on it, they replied after a day that they wouldn't price match because they didn't recognize Luvansh as a legit vendor.

ETA: Aaaaaannd I posted this comment before reading all the posts, so yes, I guess we've clearly established they are a risk to deal with! @evergreen, I'm really glad that you were able to get stones that you're content with for your earrings - and that they were actually the ones you ordered! I don't have a good eye for pears, but they look pretty to me, and they look fairly well-matched, so yay!

 

[evergreen]

Wonderful! Can I ask the price?
And we *must* see your final earrings!

$578 for the two pears (1.73 and 1.76ct).

 

[evergreen]

I'm suspicious of them as well. I've deep-searched their inventory, looking at the certs of bunches of stones, and it was rare to find anything that had the kind of proportions I would consider. Also, at the time that I was looking a couple months ago, they didn't have pictures/videos of ANY of the actual stones listed. I did finally find a stone from them I was interested in for a great price and found it at another vendor - might have been Adiamor, but I don't remember for sure - and when I requested a price match on it, they replied after a day that they wouldn't price match because they didn't recognize Luvansh as a legit vendor.

Oh yeah, I genuinely recognized there was a chance these wouldn't be diamonds or would never arrive or would be an out-of-country seller who was impossible to communicate with, or...! The certs aren't young, they're from 2023. There might be other ways in which I could be being scammed, I guess (no double refraction at least). But the fact that it was a NY number and a human that confirmed the plan for shipment - which I'd requested; if I have to stay home for a signature it can't happen just any day! - and the diamonds arrived and match the cert and they are JUST FINE in all respects (sight unseen, for pears, means I didn't expect anything besides a bog-standard cut), that's why I thought I'd post! The diamonds must have been in-house, or close to it, since they did ship within 24h. They weren't duplicated on Ritani's listing.

I don't know their business model or much beyond the online reviews, which didn't really accuse them of failing to fulfill an order, but rather not providing exactly the ordered stone (and yeah the settings are... Yeesh). Thus this was the perfect low-risk order where price-for-size was by far the leading criterion. My experience was highly positive given my realistic expectations.

 

[OboeGal]

Oh yeah, I genuinely recognized there was a chance these wouldn't be diamonds or would never arrive or would be an out-of-country seller who was impossible to communicate with, or...! The certs aren't young, they're from 2023. There might be other ways in which I could be being scammed, I guess (no double refraction at least). But the fact that it was a NY number and a human that confirmed the plan for shipment - which I'd requested; if I have to stay home for a signature it can't happen just any day! - and the diamonds arrived and match the cert and they are JUST FINE in all respects (sight unseen, for pears, means I didn't expect anything besides a bog-standard cut), that's why I thought I'd post! The diamonds must have been in-house, or close to it, since they did ship within 24h. They weren't duplicated on Ritani's listing.

I don't know their business model or much beyond the online reviews, which didn't really accuse them of failing to fulfill an order, but rather not providing exactly the ordered stone (and yeah the settings are... Yeesh). Thus this was the perfect low-risk order where price-for-size was by far the leading criterion. My experience was highly positive given my realistic expectations.

I'm really happy for you! I think you hit on the secret - you had realistic expectations and were smart about what you chose for what purpose. I could stand to learn how to do this better (as evidenced by my ongoing saga with Ouros)!