Diamond price validation

Q

Hello,

A friend of mine recommended reaching out to you as a reliable source for valuing diamonds. I am providing the specs and price below. Would you mind telling me whether you think it is a fair price?

GIA Report ID: 1323062238

Shapre: Round brilliant
Carat: 1.4
Cut: Excellent
Color: I
Clarity: SI1

Fluorescence: None
Symmetry: Excellent
Polish: Excellent

Price: $8,900

A

Hi Brian,

This price is a little high for a class 4 cut diamond. It’s cut too deep and has the same look a smaller 1.25ct. Please see link for proportions of a well-cut round. https://diamondcuttersintl.com/gia-classifications/