Diamond buying has gotten easier! Or has it?
Many years ago buying some diamond jewelry was kind of simple. You know… if you wanted to buy some diamond earrings, a diamond bracelet, or a diamond gemstone, you would go right down to your chosen local diamond jewelry store 鑽石, you would sit down, and then you would choose your chosen piece of diamond jewelry from your trusted family jewelry. Well some of this scenario has changed a little previously 30 years and now it’s your decision, the diamond jewelry shopper, to play a more active part in this technique and which means you will have to research your options before you make your purchase.
The 4 basic elements that make up the pricing of diamonds are pretty straightforward. But like most things, once you get after dark basics, the info overload starts to become more than many consumers need to know. The initial 3 components of a diamond’s pricing; Clarity, Color, and Carat Weight are pretty an easy task to understand. The heavier the diamond (a greater Carat weight), the more it will cost. The less “stuff” within the diamond (a higher Clarity), the more it will cost. The more it looks like “ice” (a higher Color, more colorless), the more it will cost. You will find charts you can use for reference therefore it is kind of an easy task to comprehend.
The main one “C” that provides you the absolute most trouble.
The “Cut” of a diamond is the largest aspect in how beautiful a diamond will be… meaning when a diamond is cut to exacting angles and proportions, the diamond’s potential beauty is likely to be realized. It’s this one factor that could account for nearly 50% of a diamond’s value! In regards to the Cut of a diamond, there are numerous people who can become confused in regards to what those numbers and terms mean. Over time, diamond cutters have now been improving their methods and the caliber of their finished product. There are always a handful of things that have been driving these improvements. The initial will be the greater quantity of Gemologists which are in the jewelry business and they could quickly and accurately tell the difference between well cut and poorly cut diamonds.
Another big change has been the wide spread usage of diamond grading reports, which may have develop into a “must have” part of the diamond transaction. Even with one of these changes in the diamond buying process, a diamond’s Cut can still be a minefield of misinformation and confusion. Just because a diamond includes a grading report it generally does not guarantee that the diamond is likely to be beautiful. When contemplating a diamond that comes with a grading report, it is best if you only accept diamond grading reports that come from GIA, AGSL, or GCAL. These diamond grading reports do have a Cut grade which can be trusted and that can be utilized to match up against other diamonds. The topic of diamond grading reports could be pretty involved and there are occasions that you can depart using this general rule.
What’s a consumer to complete?
Information is likely to be a significant section of any diamond buying process but there is also another element that must not be overlooked. That element? Trust. Just imagine the procedure everyone should undergo when considering buying some diamond jewelry from a local jewelry store. You would wish to look at a local jeweler who others have recommended, who has experience, who is a Gemologist, who is located in proper jewelry store, who will spend some time with you, and who will freely supply you with the information that you will have to make an educated decision.
This same type of criteria also needs to connect with anything you encounter in the internet world of diamonds. I am amazed by the quantity of incorrect information about diamonds that exists on the Internet. Individuals dispensing this misinformation assert that they can save you 70% or $2,987.43 on the next diamond purchase and at once they’re selling you their new e-book “The Diamond Secrets that jewelers don’t want you to learn!” for $97.
Would you purchase a diamond from somebody who has setup a tent at the corner alongside the service station? This is actually the same tent that just the other day had big banners stating “Information On How To Save $$ on Cell Phones” however now those banners say “Information On How To Save $$ on Diamonds!” ;.If you enter the tent, they don’t bother letting you know any reason why you need to believe anything that they have to say. You will find probably some pretty pictures and some bright lights in there. If you can find their “About Us” button and you click it… up pops “We are committed to bringing you the most effective diamond buying information” ;.OK, that’s nice… but what does it mean? Who’s “we”?, what experience does “we” have in the jewelry business?, does “we” have any experience in actually buying and selling diamonds, why should you imagine an individual word that “we” has to express?, and are you experiencing any reason to trust “we”?
Don’t stray past an acceptable limit off the path!
In the seek out the right diamond or piece of diamond jewelry it is definitely best not to be distracted by the siren’s song of low prices. You generally get what you pay for. The local retail diamond jewelry store may have higher diamond prices (maybe they might be able to match online diamond prices!) but there is also diamonds that you can see before you decide, they might have an excellent trade up program, they might give you a free appraisal, they might offer free checkups / cleanings, they might offer free ring sizings, they might offer lifetime damage or loss guarantees, and a diamond purchased from their website may have the added cachet to be a bit of diamond jewelry from Tiffany verses a bit of diamond jewelry from super-ultra-dirt-cheap-diamonds.com.
The web diamond retailers do offer an attractive option to traditional diamond retail jewelry stores. Online diamond retailers do offer quality diamonds at good prices alongside being able to set the diamond right into a basic mounting but it will need more work with your part alongside building a purchase of an item sight unseen. Because this sort of purchase is a blind transaction… rely upon your basic diamond knowledge alongside rely upon the company you are working with is likely to be essential.
Start and stick to the fundamentals! The 4Cs and trust.
Bud Boland has been in the jewelry business for 40 years and did sets from watchmaking, diamond setting, jewelry making, and is a huge Gemologist for pretty much 35 years. He’s a Graduate Gemologist from GIA, that will be also where he was an Instructor. He has taught about diamonds to countless students from throughout the world.