QUOTE(victorian @ Jun 12 2023, 12:07 AM)
Any thoughts on Wah Chan’s diamond?
Quoted 4.4K for 0.4 carat with 3EX, VVS1, L, with GIA cert.
Also surveyed few others like Tomei, LukFook, Poh Kong ans ChowTaiFook but majority starts at 7k for 0.3 carat. What causes such a huge disparity between the outlets?
4.4k, does it come with ring setting? VVS1 is overkill though, but if the cut precision (hearts and arrows) are good + good proportions, then probably good price. Then again, I won't opt for L colour personally, unless I have some reason to do so, and that reason is not monetary reason. This is because in this situation, I can probably lower down the clarity and up the colour and get something like J VS2 for the same approximately the same price from places like ZCOVA. Of course, you can always benchmark against other jewelers and do some research on the prices. The reason I like to use ZCOVA is because their website is fairly easy to use to get what I want to survey. I do not earn any commission from them.Quoted 4.4K for 0.4 carat with 3EX, VVS1, L, with GIA cert.
Also surveyed few others like Tomei, LukFook, Poh Kong ans ChowTaiFook but majority starts at 7k for 0.3 carat. What causes such a huge disparity between the outlets?
As for other jewelers you mention, let's say Poh Kong, if 7K for 0.3ct, you may probably be looking at their special cut called Hemera diamonds (101 facets). Normal round brilliant is 57 facets or 58 facet (if you include the culet). Special cut diamonds usually command a higher price. As for Tomei, you are probably looking at their Le Lumiere diamonds, which is their signature diamonds that have good hearts and arrows and probably good proportions as well. Nonetheless, they are still normal round brilliant, not special cut, so you can benchmark against normal round brilliant diamonds. LukFook and ChowTaiFook are Hong Kong / China brand, so I don't expect them to be that cheap.
Nonetheless, 0.3ct at RM 7k is actually on the expensive side. As for the disparity, it is probably because of [profit, marketing, branding, commission, royalty (any of these mixture, if not all)] Let's call this group "A". In reality, round brilliant pricing usually has a standard price list to follow, which is based on 4Cs. The price list is updated weekly. I don't think all diamond suppliers will follow that price list, but I believe most do. The jewelers will buy these diamonds and the mark-up with their own margin based on "A" (refer above).
Let me show you this diamond: https://www.whiteflash.com/loose-diamonds/0...id=myengringexp (affiliate link - which means I may earn a commission if you buy through this link).
It will cost you RM 5,055.52, include free insured shipping to Malaysia, tax-free. My 18k ring setting STARTS from RM 1600 from my side, you can of course, look for alternatives, but I will use my own pricing as benchmark. Note: I am not the cheapest.
This means the price starts from RM 6655.52. Again, this is an overkill VVS1, but you are getting decent hearts and arrows with proven images. Proportions are excellent with 34.5 crown angle pair with 40.8 pavilion angle. The closest you can get to the ideal proportions between Crown and Pavilion based on Tolkowsky's ideal proportions (anyway, there are other angles that work well as well, this is just based on book theory).
One thing some people may overlook is that WhiteFlash actually uses the full diamond report, not diamond dossier (small diamond info certificate, in layman term). Full diamond report is more expensive and it includes the inclusion plotting diagram. Usually shops will tell you only 1 carat and above will have full diamond report, anything below will only have diamond dossier. This practice is quite common. But in actual fact, the jeweler/general users that submits the diamond for evaluation by GIA can opt for the more expensive full diamond report, which is the case here. AGS ideal report is also included, which shows the ASET image of the diamond, that helps to show the diamond light performance. In other words, you can probably getting more detail info by paying less if you opt for this route to complete your engagement ring.
Buying from brick-and-mortar is actually easier and hence some people won't mind paying the extra cash. Using custom route is harder and some people don't prefer this route because they want service and guidance. So, there is no right or wrong way, just which way you prefer. It is just the same concept of finding contractor to paint your condo, or you buy paint and paint yourself, or heck, you buy the paint and hire people to just paint it.
This post has been edited by kambingkoh: Jun 12 2023, 04:41 PM
Jun 12 2023, 04:30 PM

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