Did you know that the vast majority of high-quality diamonds are sold loose and not already set in a ring? That’s because they don’t know what to look out for or how to pick one correctly. That’s because buying a loose diamond gives you complete control and more choices for you to select the exact shape, specifications, size & cost compared to a pre-set diamond ring. Yes, you’ve heard that right.
But, it really isn’t that hard. The worst thing to do is to blindly rely on a jeweler’s recommendation or a seller with a vested interest to make the decision for you. Let’s jump right in! Set a Budget And Determine How Much You Want to Spend
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A loose diamond is a diamond that is available for sale. Ready to be mounted into a piece of jewelry like an engagement ring or a pendant. Some people also buy and hold loose diamonds as a form of investment.
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Set a Budget And Determine How Much You Want to Spend
Before you go shopping for a loose diamond, the first thing you want to do is to set a budget that you are willing to spend. Prevent you from overspending unnecessarily. Having a budget in mind will help you narrow down your choices.
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In my opinion, you should spend whatever amount you are comfortable with and never feel obligated to spend above your means – especially if it will land you in debt. Whether it is a $1,000 or $10,000 budget, you should make this decision based on your personal situation instead of being influenced by someone else.
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So, what do you look out for when buying a loose diamond? Research are two-fold. Instead of listening to erroneous sales pitches in local stores, you would have a better understanding of what you are buying and even save money in the process. The benefits of doing your due diligence. Whether you intend to buy a diamond as an investment or for an engagement ring, you need to have a basic knowledge of how diamonds are graded and assessed for their quality.com. Once you understand how each of these characteristics affects the appearance and value of an unmounted diamond, you will be able to make better shopping decisions. If you want a risk-free purchase and a bright, beautiful diamond, make sure you check them out!
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The importance of a reliable grading report cannot be overstated when you are buying a loose diamond. This is because the certificate provides an accurate assessment of the diamond’s quality. Serves to protect your interests as a consumer.
Here’s something you need to be careful about.
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Many unethical jewelers in the industry sell uncertified or diamonds with dubious grading reports on the false promise of cheaper prices. This is because a reliable report gives a true, independent evaluation of the diamond you are buying.
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Contrary to what some people may think, physical jewelry retailers and mall jewelers are some of the worst places to buy a loose diamond. In fact, the best place to buy loose diamonds is to go online.
Why?
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That’s because buying loose diamonds online would give you access to thousands of diamonds for you to cherry-pick from. Online diamonds can also be 30% to 60% less expensive than buying from a brick and mortar store.
More importantly, the best online vendors have transparent business practices and provide a streamlined shopping experience to help you understand what you are buying.
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You don’t have to deal with pushy salespeople and would be in an environment that enables you to make calm, rational decisions. To top this off, you get risk-free sales policies like 30 day money back guarantees and generous upgrade plans too.
In short, buying online means you won’t have to compromise on the exact diamond you want and will be able to find the best diamond for any given budget.
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If you want to save yourself time and the effort of vetting a vendor, work with the list of online diamond vendors below. These are highly reputable jewelers who have been in business for more than a decade. Have worked with hundreds of thousands of customers.
In order to make it to our list, we had hand-picked them based on their service standards as well as competitive pricing.
James Allen – Revolutionary 360 Degree HD Video Listings
This is all done via superb user-interface which makes browsing and selecting a diamond really easy.
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White Flash – Ideal Cut Diamonds & Designer Ring Settings
This allows you to see exactly what you are getting. They also have one of the most generous upgrade policies in the industry which only requires you to spend an additional dollar (instead of twice the amount) if you want to trade in your diamond. Their massive selection of beautiful diamond ring settings will also give you plenty of choices to choose from. Gives you the ability to perform your own analysis easily.
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Brian Gavin – The Pioneer of Hearts And Arrows Diamonds
Their carefully crafted signature diamonds displays some of the most beautiful sparkle and cut precision in the world.
In fact, the cut quality of their diamonds represents the top 0.01% of the world’s polished diamond inventory and yet, they are priced affordably. Also significantly lowers the price points of the diamonds. They also offer ideal cut diamonds in various shapes such as princess, cushion and emerald cuts. The cool effect displayed by fluorescence helps diamonds look whiter. If you want to upgrade your diamond in the future, you can always trade-in your diamond for a larger sized or better spec diamond.
Other Related Topics on Buying Unmounted Diamonds:
Conflict diamonds have always been the center of controversy when it comes to diamond jewelry. Almost 100% of the time, you won’t be getting the better deal as opposed to buying one with a certificate. While most stores sell mounted diamonds, sometimes buying an unmounted diamond and getting it set separately is a better idea. The 5 Most Popular Shapes for Engagement Rings
Besides the round brilliant cut, there are other fancy shapes in which diamonds are cut to. Upgrading Your Diamond – Things You Need to Know
It’s been some time since you bought your engagement ring. We show you the things to look out for when you intend to “trade-in” your current diamond for another one. Find out which are the most popular choices amongst the general public in this guide here. Grade Bumping – Unethical Tricks That You Need to Beware Of
By inflating the grades of a diamond that the stone actually possesses, jewelers can sell a gemstone for more and make better profits. Most women like bigger diamonds and have often considered trading up their existing bling for a larger one. Find out how they do this. For example, loose diamonds are better when you need to customize your own setting or want to scrutinize the stone in greater detail. Of course, there are exceptions where the carat size is too small and the cost of sending the stone for certification far outweighs that of the stone’s cost. The measures you can take to protect yourself.