Help? - Huge Price difference, two stones same specs

[jbase16]

Hi All!

Can someone please explain (obviously without looking at pictures of these two stones) why there is such a huge difference in price?? I noticed that the cheaper one is from India, but they are both GIA, with specs that look identical (depth and table, flour, etc.). Actually the cheaper one (from India) faces up bigger...

I found each on two different websites:

Diamond One:
http://enchanteddiamonds.com/diamonds/1020324/
http://www.b2cjewels.com/dd-3390481-1.50-carat-Cushion-diamond-G-color-VS1-Clarity.aspx?sku=3390481&utm_source=pricescope.com&utm_medium=referral&utm_campaign=pricescope.com

Diamond Two:
http://enchanteddiamonds.com/diamonds/550508/
http://www.b2cjewels.com/dd-3033390-1.50-carat-Cushion-diamond-G-color-VS1-Clarity.aspx?sku=3033390&utm_source=pricescope.com&utm_medium=referral&utm_campaign=pricescope.com

Thanks!
J

 

[diamondseeker2006]

$1500 is not a lot of difference. I have looked at pricelists of rounds before in the 1.5-1.6 G VS1 range and found prices up to $4000 apart. So $1500 is not that much. Sometimes one stone may be cut better than the other, and sometimes it may have to do with how much the cutter paid for the rough, etc. Many factors go into pricing, and prices will vary even with similar specs.

 

[new-beginning]

the diamonds are not identical in the dimensions

 

[diamondseeker2006]

Yep, just did a search on rounds 1.5-1.54 H VS2, ideal/excellent cut, and prices range from $12,500-16,500.

If you are bored, you can try it, too!

https://www.pricescope.com/diamond-search-results

Also, the vendor selling the stone is a factor along with services they offer, trade-in policies, etc. And in fact, you will sometimes see the exact SAME stone listed on different vendors sites with different prices.

 

[jbase16]

$1500 is not a lot of difference. I have looked at pricelists of rounds before in the 1.5-1.6 G VS1 range and found prices up to $4000 apart. So $1500 is not that much. Sometimes one stone may be cut better than the other, and sometimes it may have to do with how much the cutter paid for the rough, etc. Many factors go into pricing, and prices will vary even with similar specs.

Gotcha, just seemed to me after hours of research that the difference in these two was much larger than others that I have seen. The only difference I see is the length to width ratio which i guess is what matters when the table and depth are exactly the same? perhaps the
more rectangular one (more expensive) is more brilliant with that depth and table percentage than a squarer ratio??

 

[diamondseeker2006]

$1500 is not a lot of difference. I have looked at pricelists of rounds before in the 1.5-1.6 G VS1 range and found prices up to $4000 apart. So $1500 is not that much. Sometimes one stone may be cut better than the other, and sometimes it may have to do with how much the cutter paid for the rough, etc. Many factors go into pricing, and prices will vary even with similar specs.

Gotcha, just seemed to me after hours of research that the difference in these two was much larger than others that I have seen. The only difference I see is the length to width ratio which i guess is what matters when the table and depth are exactly the same? perhaps the
more rectangular one (more expensive) is more brilliant with that depth and table percentage than a squarer ratio??

That one stone is better than the other MIGHT explain it, but not necessarily! All those other factors are going to influence the pricing.

 

[jbase16]

Yep, just did a search on rounds 1.5-1.54 H VS2, ideal/excellent cut, and prices range from $12,500-16,500.

If you are bored, you can try it, too!

https://www.pricescope.com/diamond-search-results

Also, the vendor selling the stone is a factor along with services they offer, trade-in policies, etc. And in fact, you will sometimes see the exact SAME stone listed on different vendors sites with different prices.

But those have different depth and table %'s as well as flour, culets, etc....in your search i don't see any two with as similar specs as the two i posted. I understand that certain vendors have different prices BUT if you look at most post the SAME vendor has two different stones with similar specs for a 2000 difference. i think that the same stone priced differently for two different vendors is completely irrelevant to this discussion.

 

[diamondseeker2006]

All I can tell you is that within one vendor that carries a large number of diamonds, it is not unusual to see a $1500 price difference between two similar stones when they are over 1.5 cts. I've already given you lots of factors why the cutters would be selling stones for different amounts. Many of stones come from different suppliers on large sites such as James Allen and all the drop shipper sites probably have stones from multiple suppliers. There just aren't rigid set prices and they can price them as they want. Some may have been in inventory awhile and they want to move it so don't raise the price as much as the new stock, etc.

The fact that the larger of the two you posted (face-up, diameter) costs less than the smaller one illustrates what I am saying. Your two stones are not exactly the same because side by side, one is larger than the other. But we have no idea how either one looks, of course.

 

[diamondseeker2006]

These two diamonds would be very hard to tell apart looking at them because they are very close to identical other than James Allen is labeling one "True Hearts" presumably because there is more perfection in the cutting of the hearts, but the other one has just as good (ideal) numbers as does the other. They are priced $1500 apart. Can you see the difference with your eyes? I can guarantee you these stones are closer to being identical than the two cushions.

http://www.jamesallen.com/#!/loose-diamonds/Round-cut/1.52-carat-H-color-VS2-clarity-Excellent-cut-sku-87379

http://www.jamesallen.com/#!/loose-diamonds/Round-cut/1.51-carat-H-color-VS2-clarity-Ideal-cut-sku-178806

I am sure I could find many other examples if I spent the time looking. But I have looked for stones for myself an others long enough to have seen the pricing variations repeatedly.

 

[jbase16]

All I can tell you is that within one vendor that carries a large number of diamonds, it is not unusual to see a $1500 price difference between two similar stones when they are over 1.5 cts. I've already given you lots of factors why the cutters would be selling stones for different amounts. Many of stones come from different suppliers on large sites such as James Allen and all the drop shipper sites probably have stones from multiple suppliers. There just aren't rigid set prices and they can price them as they want. Some may have been in inventory awhile and they want to move it so don't raise the price as much as the new stock, etc.

The fact that the larger of the two you posted (face-up, diameter) costs less than the smaller one illustrates what I am saying. Your two stones are not exactly the same because side by side, one is larger than the other. But we have no idea how either one looks, of course.

I guess all i want to ask now is does anyone think that the one stone being from mumbai (it's the cheaper one) has anything to do with it?

 

[diamondseeker2006]

I have finally figured out why you are asking because of your other thread. But if the stone you are interested in is only $1500 less than a comp you have found, then I don't personally find it that compelling of a deal to risk carrying a diamond halfway around the world uninsured and having to pay whatever customs taxes there are. I'd need more of a savings than that, personally. Or maybe you need to see if you can get the price lower!