Are you looking for tips to buy diamond jewelry? You’re in the right place.
In this article, we’re going to go over the things you need to know to make an informed decision about buying diamonds and not getting ripped of.
Let’s get right into it!
Find the Best Diamond Stores
The first thing you should be worried about when looking to buy diamond jewelry is who you’re shopping from.
There are so many different diamond stores in the real world and online, that it can be hard to choose. But you need to be careful about the diamond retailer you’re buying from. Some are less than scrupulous and will take your money for a sub-par stone.
Some of the online diamond stores have fancy websites and good text that make them seem legit, but really they’re scam artists.
That’s not to say all of them will try and take your money, though. There are many, many shops to choose from that take customer service and value to heart!
A great place to start your research is the “best place to buy diamonds guide” at Executive Ice – a website dedicated to diamonds and diamond jewelry.
From there, some other Google searches can uncover a load of information about any diamond seller you’re interested in doing business with.
Know The 4 C’s of Diamonds
If you’ve ever looked up anything about diamonds before, you’ve probably heard of the 4 C’s of diamond grading.
They are Color, Cut, Clarity and Carat.
Each of those represents an aspect of the gemstone that gives it value. Depending on various factors within the 4 C’s.
It’s important to have a general understanding of this information so you can make an informed decision about any particular stone you’re considering buying.
You don’t have to become a gemologist or expert in the field, though. Even a basic sense of what goes into each grading scale will help you immensely.
The Gemological Institute of America (GIA) has a great guide on the 4Cs right here.
Here’s a quick breakdown of what to know and research:
- Color: this is self explanatory – is the color completely clear or does it have a yellowish hue to it? The more clear, the higher the value. This doesn’t take into account “fancy” colored diamonds, though, like the beautiful Blue diamonds some retailers sell. Those are colored for aesthetic purposes and don’t necessarily reflect value.
- Cut: how a stone is cut can also impact it’s value. Diamond cutting is an art and the symmetry of the stone can affect it’s overall beauty and brilliance. Different diamond cuts can also interact with light differently. Know the basic cuts – from princess to marquee and everything in between.
- Clarity: Is the diamond completely clear through and through, or does it have blemishes and inclusions? This can greatly affect the value of a diamond. However, most stones you’ll find that are reasonably priced will not be fully clear or flawless. That doesn’t mean they’re not beautiful and shimmering, though.
- Carat: this is all about the size of the diamond. It can range from 0.2 ct to multiple ct. The higher the carat weight, the larger the stone. Really big diamonds will command a very high price, so be aware of that. And even small diamonds can look beautiful in the right jewelry setting and design.
Consider Buying Loupes and Testers
If you really want to be sure of what you’re buying with diamond jewelry, consider buying a couple of small pieces of equipment that can help you.
Have you ever seen a gemologist looking through a small magnifying glass or pair of glasses when appraising a gemstone? Those are called loupes. They’re able to magnify and show you all the characteristics (and imperfections) of a diamond.
It takes some skill to know what to look for, but with this tool you’re able to make a really good buying decision.
Loupes aren’t that expensive either. You can get one from the GIA for $45. It’s definitely worth the investment if you’re buying diamonds on a regular basis.
What about diamond testers? These are little gadgets that can test out any gem and give you an accurate reading of it’s authenticity.
They’re called Presidium diamond testers and they’re a gemologists secret weapon. Again, you need some basic training on how to use them, but they definitely come in handy. These are quite a bit more expensive than loupes, but if you can afford it you might as well buy one.
Buying Diamonds Online
The above tips are really going to help you get the most for your money when you’re buying diamond jewelry.
One last thing we wanted to mention was the fact that with the internet, buying diamonds is so much easier and gives better value.
There are some really great stores you can shop at for diamond jewelry online, from Blue Nile to James Allen. They’ve got a great reputation and high quality images of the actual diamond you’re intending to buy.
Unfortunately, you can’t really use Tip 3 (loupes and testers) before you buy. But each store offers a very generous return policy, which means you can inspect and test your purchase before fully committing to it.
And because online stores don’t have the same overhead expenses as retail brick-and-mortar stores, you’re going to get the best price/value.
So definitely consider looking on the internet for your next jewelry purchase.
Also check out some of the additional resources we’ve found across the web that can help you in your future purchases. There are a ton of others that we couldn’t mention here, but a quick search online will get you some really great information that could prove to be invaluable in the long-run. It’s always smart to research as much as possible before going out and doing something, especially if you’re brand new to the game.
Buying diamonds can seem more complicated than it actually is. But armed with the right knowledge, it becomes much less intimidating.
Here’s a quick video that has some other important tips about buying diamonds:
So that’s all for now – what about you? Do you have any tips to buy diamond jewelry that we missed out on? If you do, leave them in the comments below so others reading this article can learn.