A Diamocycle Guide to Buying Used Diamonds

Table of Contents:

A Guide to Buying Used Diamonds

What to Know Before Buying a Used Diamond

AN INTRO TO BUYING YOUR DIAMOND

Buy Natural Diamonds

THE BASICS

UNDERSTANDING THE DIAMOND INDUSTRY

Tips for Buying Diamonds as an Investment

WHERE TO BUY USED DIAMONDS

HOW TO TELL IF A DIAMOND IS REAL

Understand What’s Diamond Myth & Proper Procedures

Test Your Diamond

Differentiate Your Diamond from Other Stones

WHAT TO KEEP IN MIND AS YOU BUY

Buy from a Source You Trust

Keep Your Priorities in Mind

Understand Diamond Pricing

Buy Single Diamonds

Consider Your Recipient’s Taste

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HOW TO GET THE BEST BARGAIN ON A USED DIAMOND

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AN INTRO TO BUYING YOUR DIAMOND

Buying a diamond can be an intimidating process, especially when you’re looking to buy a used diamond or engagement ring. That said, equipped with the right knowledge, the process of buying a used ring or knowing used diamond prices can be straightforward and stress-free.

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We’ve created the following guide to make buying a used diamond as easy as admiring one sparkle.

DIAMOND BASICS

As always, we encourage all of our diamond buyers and sellers to have a strong working knowledge about the 4Cs of diamonds: color, cut, carat, and clarity.

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For those of you new to Diamocycle, here’s a quick overview of what makes a diamond a diamond:

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Carat: A carat is a unit that measures a diamond’s weight. 1 carat is equal to .2 grams. The higher a diamond’s carat value, the heavier and more valuable the diamond.

Color: Colored diamonds prices depend on how clear the colors of the diamonds are. The clearer a diamond, the higher its rating and value.

Cut: The way a diamond is cut determines its shape. Current trends and the execution of that style’s cut are usually the strongest factors that help determine value. Where there is no value scale based on cut, how a diamond is cut impacts its sparkle and how it can be used in a piece of jewelry – nz.trustpilot.com – . A perfect diamond cut is not probable, but the cut can be a big determination of price.

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Clarity: A diamond’s clarity is determined by the presence of inclusions (internal flaws) found on or in the stone. The fewer the inclusions and marks, the clearer and higher value the stone. These inclusions can include blemishes, scratches, clouds, or other flaws, and each stone is rated on an industry-specific scale.

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Diamonds can be made through a variety of processes both natural and synthetic. The word diamond refers to their molecular and crystalline structure, which can both be made through the workings of the natural world or in a lab.

Here is our quick breakdown of the different types of diamonds and diamond substitutes.

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Natural Diamonds:. Natural diamonds are mined from the earth. The unique crystalline structure unique to diamonds is formed through billions of years of geologic processes. Given their uniqueness and the labor required to extract them, natural diamonds, both used and preowned, often fetch a commanding price.

Synthetic Diamonds: Synthetic diamonds have the same crystalline structure. The only way to tell the difference is through laboratory testing. That said, synthetic diamonds and natural diamonds are visibly identical. Appearance as natural diamonds. Given that their production is man-made rather than geologic, synthetic diamonds are more prevalent and priced as such. The main difference, however, is that they are created in a laboratory.

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Please keep in mind that synthetic diamonds are real diamonds. The sole difference is how they are created. That said, it would be incorrect to consider synthetic diamonds a “fake diamond. Both natural and synthetic diamonds have the same properties and specifications. You may wonder, are synthetic diamonds cheaper? Due to market forces, the price between the two items is considerable.

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Other Synthetic Stones: There are a variety of other stones that look like diamonds but have a crystalline structure of another type of stone.

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Some synthetic stones have a natural counterpart, look like a diamond, and were created in a lab. Some examples of these stones are:

– Synthetic Rutile

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– Colorless Synthetic Spinel

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– Colorless Synthetic Sapphire

There are also synthetic substances that have no natural counterpart. These synthetic substances look like a diamond, but have a different chemical composition.

UNDERSTANDING THE DIAMOND INDUSTRY

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There are even diamond carat calculators that can help you understand the pricing. To help communicate the importance of the 4Cs in the diamond industry and diamond prices, we’re happy to share this sample price chart with you.

Carat Dependent Pricing

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Color Dependent Pricing

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