People have to be cautious while making a purchase of valuable items from the right source when a large amount of investment is involved; making it imperative to do some ground work and find out how to go about buying that item especially if it is for an investment. Fancy coloured diamonds are no different, and a potential buyer should do their research.

Why Invest In Coloured Diamonds
Coloured diamonds, being rare, are popular among celebrities and have seen recent appreciation making it an investment to consider. In the past decade, many price records have been broken almost on an annual basis. Coloured diamonds are something different than the typical colourless diamonds holding the ‘unique card’. It’s a misconception that coloured diamonds are more expensive than the colourless diamonds, it’s certain colours, intensities and the quality of stones that make a diamond expensive. The supply of coloured diamonds is low and the demand is quite high which will see a rise as the days go by resulting in significant price appreciation. The most expensive diamonds sold only in an auction are naturally coloured diamonds.
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Things To Know While Buying Coloured Diamonds
Its best to be self-educated while going out to buy coloured diamonds. Find out where they are sold, compare prices and collate reliable recommendations. On gathering this information, once you feel confident, make the choice of the diamond you want to buy. Take all the time while making that decision. Know about these precious stones, gather information about what is new and happening in the industry of precious stones. The right size, right colour, and most importantly if it fits your budget.
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Where Should Coloured Diamonds Be Bought and Sold
A qualified gemologist with professional experience and knack for the industry would also require exposure, specifically working with coloured diamonds. Today purchasing diamonds online is a viable option after one has found a company that can be trusted. One would have come to realize that coloured diamonds are mostly sold by companies that specialize in these precious stones.
Coloured diamonds are a long term investment. Auction houses, online and social media are places where you can look at liquidating your investment. Give your investment time to appreciate. When the time is right liquidate it to see the appreciation it has gained.



Buy loose diamonds or have them set, your choice
Whether you’re shopping for a complete ring/set, loose diamonds, or some other kind of diamond jewelry, Rare Carat can help you get it: there’s no forcing you into putting a diamond into a setting or assuming that all you want is an engagement ring. You’re in the driver’s seat here. (But, if you are shopping for a ring, don’t miss the neat tool that lets you take a photo of your hand – or your beloved’s – and see how different rings would look on it).
Price matching and other perks

Check out the real-time inspection service
Settings are worth waiting for
Free consultations with expert gemologists
Many complimentary services here

Completely transparent pricing
Plenty of positive customer feedback but less so from diamond experts
Check out the perks

While you can absolutely do that here, you can also add any stone you like to a pendant or just add the diamond on its own to your online shopping bag. If you’re thinking of designing a one-of-a-kind jewelry piece with a diamond (or several… or even with other gemstones), fill out the custom form with your ideas (even upload a sketch or a photo if you have one) and they’ll get back to you with a quote. Although this diamond store doesn’t have the thousands and thousands of reviews you might see for competitor retailers, it can still brag about its “A+” rating and accreditation from the Better Business Bureau, with zero complaints filed in the last three years. And, in most places we found (like Trustpilot and Google Reviews), Gems NY tends to come in with an average rating of about 4.5 stars. Customers are especially enthusiastic about the end results of the design process here, naming specific reps for being helpful and going the extra mile to make sure their clients are getting the absolute best value for what they spend.
A few minor areas for improvement
That’s not bad.

That’s a huge downside compared with most retailers in our review, who put those reports right on each diamond’s listing. However, it’s important to be aware that a $20 fee is deducted from your refund to cover the shipping costs that were initially offered as “free. All of that feels pretty nickel-and-dime when you’re buying a diamond, especially if it’s on the higher end of the price spectrum.
Mixed feedback from clients
Still, customer photos and comments are almost always favorable, with people saying this is a particularly good option for designing your own wedding rings and bands. Compared with rival retailers that show you every stone from multiple angles and sometimes with 360° video, this store’s lack of images is disappointing. However, customer feedback seems to be positive overall, especially if you’re hoping to create a unique ring for your proposal or wedding.
The company proudly shows off its 4.

See stones’ certification paperwork easily
However, if you decide to exchange your diamond, this can only be done in-store. While it offers certain in-person advantages not found with online-only retailers, these benefits may not compensate for the more competitive prices available elsewhere. The Better Business Bureau (BBB) gives parent company Signet Jewelers an “A+,” but it’s worth noting that there have been nearly 300 complaints registered against the company across its brand portfolio. Nonetheless, the general sentiment from customers isn’t as enthusiastic as one would hope for a significant purchase like a diamond. Jared remains a viable option for purchasing diamonds, but only if you plan on using the gemstones for a ring.

For one, their inventory now includes lab-created diamonds, bringing the total selection of stones to just under 100,000 with prices ranging from $1,220 to nearly $2M.
Although these allegations were refuted, they still leave a lingering unease when contemplating a substantial investment like a diamond. Prices are often higher compared to their online counterparts, and shoppers have expressed dissatisfaction with the quality of completed rings and ring sets. In fact, when you go to the BBB listing for Signet and start skimming through the 700+ complaints there, almost all of them specifically mention Kay.