Hello all, Long time lurker here. I have a friend who is about to pop
the question to his beloved and although other options were discussed
she has expressed interest in a diamond engagement ring. I know that
there are those out there that think a diamond is not the end all be
all, but in this case, it is.
That said, I really don’t know much about diamonds and I would like
to help him with a question. This is from him directly:
"what do you know about the Rappaport method of pricing? I went to
a place on sunday and had about an hour-long discussion with a
jeweler, and think i’d buy from him, but want to put a few questions
to you if i may.
he showed me a one page with several matrixes. Each matrix was for
a specific size range (i.e. .70-.79; .80-.89, etc.) listing diamond
color along the left column, and clarity on the top, and then gave a
price per carat. How reflective is such a pricing scheme relative to
what I should hope to pay? I understand you will see large
fluctuations if it is poorly cut vs. well cut; but i’m hoping to
understand this method a little better and how i should compare what
i’m willing to pay in relation to it."
Is there someone out there who knows about this Rappaport method?
Does the cut effect price that drastically? Are there any other
pieces of I haven’t even considered that he should know
when shopping around?
Thanks so much for any advice I might be able to pass on!