Hi, I'm getting rid of a ring containing a 0.42 carat diamond and I reckon its price must be around the price of 1 oz gold. The material of the ring is white gold and I also have a certificate for it. The certificate states that it's 0.42 ct and natural. Inclusions: Pique II I reckon the white gold ring itself has the lowest value. So, it's the stone that contributes mostly to the price. Comparing similar offers, I reckon it must be worth around 1 oz gold's price. Any suggestions, opinions on what else to look for? Not many people seem to be able to tell its price and dealers of used jewelry give rip-off price estimates (like around 500 USD). I'm very curious about your ideas, suggestions, tips. Or, if you're interested, then just PM me.
The gold value would be much higher value than P2 grade diamond. FL = Flawless IF = Internally Flawless VVS1 = Very Slightly Included category VVS2 VS1 VS2 SI1 SI2 I1 I2 = Pique 2, which is 9 grades below FL and denotes inclusions are easily seen by naked eye I3 = lowest gem grade To give you an estimate, what carat is the gold and wieght. Plus since it's white gold is it shiny rhodium plated still or has it worn off leaving it dull grey. Really need pictures too
^ Thanks for the info. The rhodium-plated ring is indeed a bit worn, but not "dull grey". It looks a bit rough with tiny scratches.
its quite easy to price your ring. Currently the Rapaport Diamond Report gives an approx. high cash asking price indication for that grade of diamond. Depending on the colour, it ranges from $US1200 per carat (D colour) down to $US500 per carat (M colour) If I am buying the ring for myself without any certification or an insurance valuation indicating its colour, I would be loathe to pay more than $US800 per carat (I colour) and only if the setting is very attractive and in good condition If I was buying to resell the ring, I would offer $US500 per carat tops The gold content in the shank would be valued at spot. I would then spend $A100 to get the ring cleaned, polished and re-plated to as new condition as well as $A60 for an insurance valuation to give the buyer an idea of what it would retail at. (retail prices are usually between 80 - 85% of insurance valuation) For my time and effort, I would price in 10 - 15% premium above costs Sorry, its probably not what you want to hear!
