Dealing with Loose Diamonds
- a few tips
In the modern world,
there are few more potent symbols of wealth than the diamond. Whether
fashioned into jeweler or simple loose diamonds, diamonds are one
of the most treasured gifts, used in declarations of love and in
the formation of political alliances. But diamonds are not only
luxury items - they also have real economic importance. If you have
some spare capital and are looking for the right investment, loose
diamonds could be an excellent choice.
The market for loose diamonds is very different from that for diamond
jewelry. Loose diamonds are mostly sought after by highly educated
and experienced collectors as well as by those involved at the manufacturing
end of the jewelry business. As a new investor in loose diamonds,
you'll have to learn fast to keep up. There are plenty of bargains
to be had in loose diamonds, but only if you know what you're doing.
Here are a few
good tips that will ensure not only will you buy a diamond to be
cherished forever, but you'll have fun doing it!
First of all, a little education goes a long way.
Be sure to educate yourself on the four Cs — cut, carat, clarity,
and color. Knowing a little bit about diamonds and which questions
to ask will ensure you get what you pay for.
2. Jewelry pricing can be pretty complex, so your best
bet when comparing prices is to compare diamonds of the same
size, shape, cut, color, and clarity, as well as those that
have similar mountings.
3. Instead of comparing the total cost of diamonds, compare
per-carat diamond prices. How do you do this? By
multiplying the carat weight times the price per carat.
4. Know that all
grades are not created equal. Jewelers will grade their diamonds
differently, so it's important for you to know a bit about how to
judge a diamond for yourself. Some labs also have more stringent
grading standards than others. It's important that what appears
on the certificate appears to be what you see.
5. If diamonds are advertised at a significantly reduced price,
there is most likely something wrong with them. Also, if you
buy loose diamonds on eBay, be sure you are dealing with a reputable
seller. Be very careful before you buy!
6. Be realistic.
Come up with a budget, as well as the type of ring you
would like. Compromising is key if you want to stay within
budget and find a good buy. Decide which of the four Cs are
most important to you, and which you can compromise on.
7. Get the lab
report for your diamond, especially if it is expensive. A lab
report is basically an independent assessment of your stone, and
will ensure that you haven't bought a treated or processed diamond.
8. Finally, ask yourself if you love the diamond. Is it brilliant
and does it sparkles? Does it look good on your hand and fit your
lifestyle? Remember, the best diamond for you is the one you love
Contributing Author: Adney Harris is a writer at
where you can find a variety of diamond studs jewelry and items
including necklaces, rings and bracelets. Visit
us for additional jewelry information. Email: [email protected]