Sunday, November 15, 2009

A hunt for another loose diamond

Here’s another short snippet of another diamond hunt that was pretty unorthodox:
This was another engagement project that was a little unique in that D, the female, approached me telling me that C, her boyfriend, and her were shopping together for a loose diamond.

They had done extensive personal research on their own and were pretty clear about what they wanted. Their criteria was as follows:

a) A round brilliant;
b) Diameter at least 6.3mm and above;
c) White, with no tinge of yellow;
d) Eye-clean
e) Maximum brilliance: triple Excellent (where Cut, Symmetry and Polish are all graded with the highest demarcation, “excellent”).

They gave me a certain budget and told me to max out the carat weight (or more accurately, the diameter of the stone). We shortlisted a series of 11 stones that fulfilled all the criteria above, all with tiny little differences: 0.95 ct vs. 1.01 ct; G vs. H colour; GIA vs. IGI; a hearts & arrow one vs. a non-hearts & arrow one.

It took about a week of consultations with family members and more research in Singapore before we decided on the one diamond. The excitement was compounded by the fact that it was a global database of diamonds that saw some of the diamonds being shortlisted by other clients in various parts of the world. This meant that there was a possibility that any one of these stones could suddenly become unavailable with every passing minute. Eventually, after conversations over MSN almost every night, eventually settled on a H colour, VS2 clarity, 3Ex, 6.6mm diameter with slight florescence.

It was a relatively unorthodox choice again:
a) D had people telling her that H colour was potentially teetered on the edge of yellow but she had seen a considerable number of H colour stones and found them white so she went for that.
b) Slight fluorescence which was a big no-no for the more orthodox brokers and collectors but again, she assessed that it didn’t matter.
c) The lab certification was IGI Antwerp, going against orthodox Singaporean recommendations that the stone should come from GIA. (D and I discussed this extensively, and we have our own thoughts on why there seems to be such a strong push toward GIA amongst local diamond brokers in Singapore. I’ll be happy to share it if you contact me personally.)
d) And the best thing of all was that the diameter – a 6.6mm – was a huge bonus for a 1.01 ct. Most 1.01 ct, triple excellents are typically cut a lot deeper which results in a smaller diameter than 6.6mm. To ensure that the fire of the stone was indeed in the “excellent” range despite it slightly shallow cut, we checked the Halloway Cut Advisor and the stone was classified in the “ideal brilliance” category.

When the stone arrived, we were all supremely chuffed. Completely white with not a tinge of yellow, huge and best of all, the fire was seemingly unparalleled, living up to its triple excellent promise. (It can't be captured with my abysmal photography skills though).

1 comment:

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