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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When it comes to buying diamonds and diamond jewelry online, consumers face a dizzying array of choices in terms of quality, styles and price points. So how can you protect yourself? And they also face the uncertainties of buying something sight-unseen. How safe is it to 
Courtesy: 1stdibs. You should know whom you’re buying from. It’s best to buy from someone who has possession of the item.
Select a retailer who will insure shipments all the way to your doorstep. Consumers should also review security protocols around shipping and insurance. You surely wouldn’t want this 2.50 carat (ct) round diamond platinum engagement ring delivered to anyone but you.
When comparison shopping identical items across different sites, you many encounter differences in price. Offered on 1stdibs.com: an 18K gold, ruby and diamond ring with an invisible bow setting. Courtesy: 1stdibs. There is a premium to pay for buying from a trusted source. So, we’re back to trust. These differences could be the result of item condition, provenance and business factors, among other reasons.
A bracelet, for example, that looks spectacular in a photo may not lay well on your wrist when you try it on. To return it for any reason if it is not everything you hoped it would be. Make sure any online seller allows time for you to examine the piece. So pay close attention to the seller’s return policy. We offer a 30-day return policy, no questions asked.
Courtesy: Ruby Lane
I would expect any descriptions of quality or condition to be backed up by lab reports, professional appraisals and images.
Sometimes the documented history of a piece can add to its value, particularly if a style icon once owned it. Courtesy: 1stdibs. Style icons yes, but it’s subjective based on the amount of interest in that person and their place in the world of style.
When shopping for a diamond online, it’s important that the item comes with an independent diamond grading report. Put simply, if the diamond is not independently certified you cannot be sure of its quality. An unbiased report will confirm whether your diamond is a natural diamond. Provide clear disclosure of any known treatments to alter its color or clarity.
An unbiased, independent laboratory report is indispensable for a colored gemstone purchase, particularly when the gemstone’s country of origin is a factor in determining its value.93 carats of pavé set round brilliant diamonds and 45.43 carats of prong-set emeralds. Again, the trust factor is critical.
Shopping for a jewelry gift online? Are the claims about the item’s quality and materials supported and reasonable? Courtesy: 1stdibs. Read each listing carefully. If you’re unsure, contact the seller for clarification. Read the product descriptions closely, examine the images and don’t be afraid to ask questions.
Before buying a diamond – whether online or at brick and mortar retailer, be sure to learn about the factors that influence its value: the 4Cs of diamond quality. Courtesy: Blue Nile
Buying diamonds would be an excellent investment, and you should be careful when choosing your seller. You are also not sure whether you are getting any genuine loose diamonds from many unknown suppliers as it won’t issue any diamond certificates. Try to buy diamonds from an established diamond jewelry (
Rauschamyer is an online portal where you can get loose diamonds at the best possible price. Check out our website for more information.