Used/traded stones

[wakingdreams53]

Do vendors have to disclose whether or not a stone has been pre-owned? Especially in the PS spirit of trading in, do vendors tell you if the stone you would like to purchase is new or has been traded in?

 

[slg47]

I don't think they have to disclose, but you could certainly ask?

 

[kelpie]

No, but if the cert is very old then it's likely the case. But a diamond is a billion years old anyway so i don't see it as a big deal.

 

[wakingdreams53]

No, but if the cert is very old then it's likely the case. But a diamond is a billion years old anyway so i don't see it as a big deal.

Hmm, well I'll certainly keep an eye out for old certs -- but can't stones be recertified? Especially after ownership? Perhaps the prior owner damaged it and now it's an SI2 rather than VS1.
It's not a matter of age, but rather ownership. Something "pre-owned" has connotations of its own all together. Especially when one sets out to purchase something specifically intended for one person -- isn't that person somewhat being cheated if that same item was already presented to someone at least once before?

For me its more of a matter of intention. Say, I bought a diamond and figured it was specifically intended for me-- I have it set into a beautiful setting and I'm thrilled. Then I find out that it has had prior owners. At the same time, I have an heirloom diamond that I decided not to put into such a prominent ring due to it belonging to others. I'd feel cheated and feel that buying it wasn't even worthwhile.

I hope this makes at least a modicum of sense... I understand this isn't really the "PS way" of thinking, heh.

 

[Dancing Fire]

No, but if the cert is very old then it's likely the case. But a diamond is a billion years old anyway so i don't see it as a big deal.

Hmm, well I'll certainly keep an eye out for old certs -- but can't stones be recertified? Especially after ownership? Perhaps the prior owner damaged it and now it's an SI2 rather than VS1.
It's not a matter of age, but rather ownership. Something "pre-owned" has connotations of its own all together. Especially when one sets out to purchase something specifically intended for one person -- isn't that person somewhat being cheated if that same item was already presented to someone at least once before?For me its more of a matter of intention. Say, I bought a diamond and figured it was specifically intended for me-- I have it set into a beautiful setting and I'm thrilled. Then I find out that it has had prior owners. At the same time, I have an heirloom diamond that I decided not to put into such a prominent ring due to it belonging to others. I'd feel cheated and feel that buying it wasn't even worthwhile.

I hope this makes at least a modicum of sense... I understand this isn't really the "PS way" of thinking, heh.

lots of women married a used husband...

 

[wakingdreams53]

Thank you DancingFire, that was awesome.
I agree, kinda. The man who was once married to another woman has since changed-- quite simply because noone ever stays the same after a period of time. And if he doesn't change, then I'm wrong-- which is fine, but I was talking diamonds, not husbands

 

[stone-cold11]

As you say, any stone can be send in to get an updated report. So basically, there is no way to be sure unless you are buying from a vendor that deals directly with the cutter. Any stone from the virtual inventory can be a used stone or even a re-cut stone. Is a re-cut stone considered used stone under your definition?

 

[kelpie]

Yes, a dealer might get them re-certed. But also MANY MANY of the larger old cuts were re-cut in the modern cuts so re-cycled diamonds are of much higher provenance than you can imagine. We bought an estate diamond for my engagement ring so I wasn't paying a premium for something "new" but I had it re-cut and put in a custom setting so it felt like mine. The concept of a "new" diamond is laughable to me since really, what is older than a diamond? The period a diamond may have spent on a finger is a tiny blip of its existence. If it's a big deal to you maybe work with a dealer who brands their cuts like infinity and ask to see the rough first?

 

[Lew Lew]

Here are some similar threads. I asked, too, whether vendors had to disclose, and the response I got was basically "why should you care". Nice, huh?

https://www.pricescope.com/community/threads/used-diamonds.129042/

https://www.pricescope.com/communit...now-the-stone-is-not-the-trade-up-one.135181/

https://www.pricescope.com/communit...e-the-history-of-a-particular-diamond.137501/

HTH

 

[Dancing Fire]

Thank you DancingFire, that was awesome.
I agree, kinda. The man who was once married to another woman has since changed-- quite simply because noone ever stays the same after a period of time. And if he doesn't change, then I'm wrong-- which is fine, but I was talking diamonds, not husbands

a well cut diamond will still perform (sparkles.. ) no matter its age,but not the husband...

 

[wakingdreams53]

As you say, any stone can be send in to get an updated report. So basically, there is no way to be sure unless you are buying from a vendor that deals directly with the cutter. Any stone from the virtual inventory can be a used stone or even a re-cut stone. Is a re-cut stone considered used stone under your definition?

A used stone, by my definition, is one that has been under the ownership of a person not affiliated with the business who intends to keep it for personal reasons. "Using" to me, is that it becomes personal. If a new stone is poorly cut and the vendor who is in possession of it sends it to be recut in order to achieve its ultimate potential, it's not a used stone. However, I don't think there are many cases like these, and its the actual owner of the stone who wishes to have it recut. If it's recut, brought back to its owner, and then sold or traded, it's still a used stone.

I'm probably making a terrible case for myself... but I thought I'd nonetheless ask. So ultimately, I guess theres no way of truly documenting a diamond unless you get it as rough and have it cut.

Kelpie, yes its laughable, but in the entire existence of a diamonds "life", it was never possessed. It's its human intervention that I'm trying to decipher. By "new" I simply mean, not belonging to another person. Yes, the infinity stones are beyond gorgeous and I had my eye on one, but its been sold. You wouldn't by any chance know (without my asking them directly) if BGD stones are "recycled"?

Thank you Lew Lew. I should've looked it up prior bringing it up again. Nonetheless, always nice to hear peoples daily opinions.

And DancingFire, you're a riot. And absolutely correct!

 

[kelpie]

BDG cuts their own brand of stones so with any of their branded cuts, they would definitely be able to tell you whether it was cut from fresh rough. I have also noticed a certain type of stone where just one vendor has it in their virtual inventory (generally with older cert), this is alarm-bells for trade in. These stones are also priced lower than comparable stones.

 

[yssie]

I have seen pictures of the rough beside Infinities on the HPD website (www.highperformancediamonds.com).. like PPs have said, I think this is something not many vendors do (or care about).