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Q&A: Seeking a Second Opinion on a 1.55 Ct. E VVS2 Round Diamond for $26.4k

By Mike Fried,

I am looking to purchase a diamond and really could use someone’s opinion.

Shape: Round Brilliant
Measurements: 7.46 – 7.48 x 4.62mm

Carat Weight: 1.55 carat
Color Grade: E
Clarity Grade: VVS2 (3 pin holes – no other comments, report is pretty clean)
Cut Grade: Excellent
Polish: Excellent
Symmetry: Excellent
Fluorescence: None
Culet: None
Table: 57%
Depth: 61.8%
Girdle: Thin – Medium (faceted) 30%

— Jeweler indicates Heart and Arrow (although, being honest, I looked and I could barely keep the stone still because I was so nervous about dropping it)

Asking: $26.4k

Any input would be so greatly appreciated.

I just get too confused with this whole ‘Signature Ideal’ and ’Hearts and Arrow’ cut rating that GIA doesn’t acknowledge but many retailers sell. I’m basing my knowledge on the GIA report only.

I like the retailer, very nice to work with and amazing reviews. I just want to know if the price is reasonable. 

 

 To be honest, I think the diamond is a colossal waste of money. First, the diamond is overpriced.

Second, we would never recommend an E VVS.

https://www.diamonds.pro/education/color/
https://www.diamonds.pro/truth-about/diamond-clarity/

If you check the video, you’ll see that you can’t tell the difference between them once the diamond is mounted.

www.jamesallen.com/loose-diamonds/round-cut/1.52-carat-g-color-vs1-clarity-excellent-cut-sku-250531?a_aid=dmnd1357

So you would be getting a diamond that is visually identical for 40% less. What do you think? 

Thanks for the input. Totally understand your assessment.

But as far as the value based on the specs given; would you consider that a reasonable price (compared to similar diamonds)?

Understanding that if I go with a different clarity and color I can save a good chunk of changes.

Really appreciate your quick and honest response.

 

I wanted to take a moment to thank you for your advice and service.

I ended up taking your advice and bought beautiful stone GVS1 – and saved a over 10 grand. What I liked most was the fact that the retailer agreed with the you when I asked them. They didn’t push me either way, just validated everything you said. Glad I checked with you prior to committing to any purchase. Money was not the issue for me; making a wise and informed decision was my main concern. You helped me tremendously with that.

Can’t express how much I appreciated your feedback – and so glad I found your site.

Thanks again. 

Wow, thanks for writing and letting us know. I’m delighted that you were pleased with our help. Really, its readers like you that make me happy about what I do. We wish you and your partner a life of happiness and fulfillment.

James Allen James Allen is the leader in online diamond sales. Their imaging technology is the same as inspecting a diamond with a jeweler's loupe. They have the largest exclusive loose diamond inventory online and fantastic prices. They also have the nicest collection of lab-created diamonds online. They currently run a 10% discount on selected lab-grown diamonds!
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What we love about them:
  • No questions asked returns within 30 days of shipment. Blue Nile will send you a paid shipping label to return the ring.
  • Lifetime Warranty
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  • Free prong tightening, repolishing, rhodium plating and cleaning every 6 months
  • Provide insurance appraisal
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