If you are shopping for loose diamonds, be prepared to spend some time researching the subject. There are many variables that determine quality, value and diamond prices of loose diamonds. You certainly have heard about “loose diamonds” and “wholesale diamonds”, but what does it mean? Some you can control, others are based solely on market conditions and supply and demand. Loose diamonds are basically diamonds which have not been mounted onto rings, earrings or any diamond jewelry.
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Buying loose diamonds and having it mounted separately gives you more flexibility and saves you a lot of money. Compare the 2 carat diamond price list with the 3 carat diamond price list to see the difference in price and size. The fact that you choose the diamond separately is your biggest advantage. The price lists are overviews of the current wholesale prices for loose diamonds. This means buying a 2.9 carat diamond instead of a 3.1 carat can save you hundreds if not thousands. Besides carat, the value differs depending on the clarity, cut and color grade. Diamonds wholesale are priced on a per carat basis, and the loose diamonds prices jump at every full carat.
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Basics of wholesale loose diamonds:
Made from rough diamonds
Essentially, loose diamonds are diamonds that haven’t been bought by retailers yet to sell in jewelry shops. In simple words, how to cut the rough loose diamond the best way to waste as little as possible. The polished diamond that the cutter makes, is what we call loose diamonds. When diamonds are mined by large mining companies, they are bought by rough diamond traders who then sell the rough loose diamonds to cutters. The diamond cutter then chooses what would be the best natural fit for the rough diamond to be cut in, maybe two princesses cut diamonds or rather a large round cut diamond. The irregular shaped rough diamonds are closely analyzed using state-of-the-art technology, to assess what the optimal diamond shape would be to retain the highest yield. What People Say About Us
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What happens to loose diamonds? Any which way, most loose diamonds will be mounted onto jewelry before being sold in diamond shops. Some retail stores will have a few loose diamonds in the window display, but usually, around 80% of their inventory will be mounted, finished jewelry pieces.
The loose diamonds made by diamond cutters, then end up in retail shops through a variety of different ways, either through merchants, auctions, diamond wholesale distribution networks, jewelers or other.
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The price benefit of buying loose diamonds Wholesale
The process described above, what loose diamonds go through after being cut, is where the value-add takes place in the diamond world. The cutter creates jewelry quality loose diamonds from the rough, so when he sells his goods he increases the price to be rewarded for his value add. The more middle men you cut out the process, the more savings you pass on to yourself. Buying loose diamonds cuts away through all the unnecessary costs. Allows you to buy diamonds (diamonds.backtoglamour.com) at 50-70% less than retail prices. The same goes for the retail shop at the end: they display finished jewelry pieces for you to pick and wear immediately, in a glamorous shop on a fancy street promoted with glossy ads – and that’s what allows them to increase the price.
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The Diamond Registry opens up the wholesale distribution network of loose diamonds
The only way to buy loose diamonds at a considerably lower price than retail prices is from the wholesale diamond market. So all those marketing and branding costs you’ve paid for included in the price of retail jewelry, doesn’t show once you leave the shop. This time, you’re not paying for the fancy shop front and expensive advertising, just the diamond you’ll be wearing. Of all the different kind of branded products, diamond jewelry doesn’t show the brand like clothing does. This means that you are buying diamonds just as jewelers or retailers do to stock up their inventory. So the closest you can get to the source of diamonds, is at the wholesale distribution level. The only thing people see if the shape and size of the diamond on your jewelry, the quality of the jewelry design, and the big smile on your face. It would be as if you go to a mining company. And it makes a lot more sense too if you think about it. It could be as precise as looking for an 8. If it exists, our global network will show it and the price it’s available for. You might think to yourself “why not buy directly from the diamond cutter? Buying that diamond at the wholesale level is what saves you 50-70% off retail prices. Asking if you can buy a car from them.
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The steps to buying loose diamonds with Diamond Registry – How it works
This means that no matter what type of loose diamond you’re looking for, we will find it.
This is how it works:
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• Step 1: Diamond buying information
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Usually, people like to read through our extensive library of diamond information articles. This is where you learn about different diamond shapes, what makes a diamond high-quality, what to look for when buying diamonds of particular shapes, or even how to buy diamonds purely for investments.
• Step 2: Wholesale diamond prices
Now that you know a little about what kind of loose diamond you are interested in, it’s time to have a look at the diamond prices. They are divided into different categories based on carat weight – more on that later. In the wholesale diamond industry, diamond prices work a bit differently than what you might have seen before in retail diamond stores.
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• Step 3: Price quotes and diamond certificates
Seeing what type of diamond would be within your budget, you can ask our diamond experts for a free quote. There are three options available to you: either you come visit us in the office to see your selection of loose diamonds (open after working hours if you make an appointment), you come meet our agents to see the diamonds (appointment only), or we fly our diamond consultants out to your location (anytime, anywhere). That means that you will give the requirements of the loose diamonds you are looking for through our diamond quote form, after which you will be contacted by our diamond consultants. Flying our consultants out is something we do regularly and free of charge of course. You will be sent the diamond certificates of the loose diamonds that made the selection, so you can pick which diamond you want to see. They will search the worldwide inventory of loose diamonds, to find the exact loose diamond you are looking for, at the best possible price.
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• Step 5: Creating your own unique jewelry – optional
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For the final step, you have the chance to work with our in-house diamond jewelers to create unique jewelry with your loose diamond. Of course, this an optional thing to do, you can also keep the loose diamonds as they are. It gives your jewelry so much more meaning because the design is very personal, and nobody else in the world will have the same diamond jewelry piece as you do. Essentially, our jewelers can create any type of jewelry you want based on your sketches, or photos of designs you have seen before and like.
You are in full control of both the look of the diamond jewelry, and the price.
Besides being unique, what other benefit is there to create your own diamond ring? Taking care of this yourself is also a big cost minimizer, and it’s a very easy thing to do.
When you see a nice ring design in the shop, you might not like the mounted diamond as much. You are in full control of both the look of the diamond jewelry, and the price. The degree to your involvement is up to you. You pick the loose diamond, as described in the process above, so if having the 7.11 carat round diamond is important to you, you will get it. Then designing the ring afterwards means that it will be exactly as you want the ring design to be, down to the last detail. Puts you fully in charge of everything. You tell our designers what you’d like to see, and they will make it for you. Or it’s a 7.4 carat diamond, but having a 7.11 carat diamond is important to you because it has a special meaning to you – like an anniversary date? Creating your own personal unique jewelry gets rid of these obstacles.
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How wholesale diamond prices work
Buying loose diamonds means that you will source the wholesale diamond market, and save big on retail prices. The list itself has to variables: diamond clarity and color. Every combination of the two diamond quality variables has a different value – that value is what we call the price per carat. As the name suggest, it is the value of your diamond on a per carat basis. But buying wholesale loose diamonds is slightly different than what you might expect, especially prices. Similar to the price per pound when buying food. Every carat weight has a different diamond price list. So to calculate the full diamond price, you have to multiply the per carat value with the total carat weight of the diamond you want. Below you can see the example of the diamond price list for 3 carat round diamonds: In fact, once you understand how the pricing works, you’ll see that it’s a lot easier and transparent than when you buy retail jewelry where you can only see the final price of the whole ring. So there is a price list for 2 carat diamonds, 4 carat diamonds, 6 carat diamonds, and so on. Price per carat is not the final price of the diamond. Wholesale loose diamonds are divided into categories based on their carat weight.
Let’s do the math
All the numbers you see in the diamond price list above, are on a price per carat basis. Calculating the price for both round diamonds. To get the total price, multiply by 3 and you end up with a total price of $84,810. If you want a specific size, like 3.47 carat, simply multiply the price per carat by 3.47. There are also two different sets of diamond prices per carat: round diamond prices and fancy shape diamond prices. Fancy diamonds works the same way as illustrated above. The price difference can be quite significant for some. That’s why many people often look for roundish fancy shapes such as oval or cushion cut diamonds – to get close to the look and feel of a round diamond, for a much lower price.
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Loose diamonds always come with certificates
So when your personal diamond experts locate a number of diamonds through our worldwide loose diamonds network, you will get to see photos of the diamonds, prices and certificates to make your first selection. That’s because their diamond grading methods are the most accurate, and their standards are kept up to the highest level. This includes but is not limited to carat, color, clarity, cut, fluorescence, measurements, symmetry, clarity plot showing the location of feathers, clouds or other impurities, polish, faceting and much more. Whatever the reason, you’re going to be looking for a buyer. They provide accurate and reliable information regarding the quality of loose diamonds. Usually, it’s because they want to upgrade their current diamond for a larger better diamonds, or diamond prices have gone up considerably and it’s time to sell the diamond investment and enjoy the profits. They were the first to standardize diamond grading, and they are the ones that developed the systematic grading using the 4Cs – carat, clarity, color and cut. That’s a big price difference. Well, the real trouble only comes when you are thinking of selling your diamond. Besides publishing prices for loose diamonds, more detailed information was made available revealing industry information, trends, the details about diamond quality and to buy diamonds as an investment. Back then, it started with a diamond information newsletter that shared insider information with the public, it was the first time wholesale diamond prices became truly transparent. People sell their diamonds all the time. You might be thinking that knowing the true color is not that important, because the diamond in your hand is beautiful no matter what. Other labs are a bit more flexible when it comes to color grades, which is their way of creating bargains, but these are empty promises. It changed the industry forever. The code is laser inscribed on the girdle of the diamond, which is only visible under 10x magnification (and honestly even difficult to read then) and connects it to the certificate you hold in your hand. On the certificate, you will find a number of important information about the quality of the diamond assessed by diamond grading experts. Now you might be in for a surprise if you bought the diamond with another certificate. Diamond certificates are a very important part of buying diamonds. What’s the difference with others? As both the public and diamond professionals subscribed to the newsletter, the network continued to grow and grow. GIA is used by most reputable diamond shops, jewelers, retailers, merchants and the like. It is become the only source you need for buying diamonds at the best possible price. People from all over the world without any affiliation to the diamond industry could see how diamond’s priced, and that way learn about the benefits of buying loose diamonds.
Clients of Diamond Registry
Our clientele comes from all over the world and all walks of life. We treat all our clients with the same respect and our diamond consultants always go the extra mile for you, regardless of your budget. Perla, trying to find out exactly who bought what – but as professional jewelers we do not share this information. Most of our clients buy diamonds as jewelry like engagement rings, or diamond earrings. Call it a jeweler-client privilege if you will. We know how sensitive it can be when you’re considering to buy a diamond, and we work with you to make sure the process stays fun and easy. We have clients walking into the office looking to buy a 2 carat diamond on the spot, and clients asking for a quote for 9 carat diamonds. But recently, many more people seem to be aware of the investment value diamonds have as an alternative asset to diversify portfolios. Buying a diamond is a really unique thing, and usually for a very special reason.
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Loose diamonds as an investment
This has increased the interest of the general public to consider investing in loose diamonds, and that interest, in turn, increased the prices of particular diamonds favored as investments. But some diamonds simply offer more profit than others, and for the most part, these are the top quality diamonds and colored diamonds. Buying fancy shapes diamonds is an option, although they are more subject to fashion trends and therefore fluctuating prices than round diamonds. If it’s a 3 carat diamond, then that’s the best fit for you as an investment diamond. For that reason, if you’re buying diamonds with an investment in mind (although you can still wear it as the jewelry of course), then we strongly advise you to buy the highest possible quality within your range. In the end, every diamond is a potential investment because of the price increases over time. Round diamonds are like stable bonds where fancy shapes are more like volatile equities – how to balance risk and return is your decision of course.
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Where to buy colored diamonds
Colored diamonds are in fact very rare. Naturally, you can’t buy colored diamonds everywhere easily. Interesting, most colored diamonds are cut into fancy shape diamonds because the fancy shape brings out the natural color of a diamond. However, as the main entrance to the wholesale diamond industry, we also have worldwide connections with diamond cutters that specialize in colored diamonds, and if there is one available within your budget, we will find it for you. Buying a high-quality colored diamonds becomes a lot more complicated than a colorless diamond, because assessing the color intensity becomes far more important. Most of the colored diamonds are around 1 carat, which is why 5 carat colored diamonds collect millions during auctions. The more intense the color, the more mesmerizing the diamond.
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In Summary
Buying loose diamonds saves you 50-60% off retail prices because you cut out the middlemen and overhead costs. We offer jewelry services if you want to create unique diamond jewelry. It means you are buying diamonds from the same place as retailers do, so you know you will get the best prices. With 50 years’ of experience, we have set up the world’s largest network of diamond suppliers of loose diamonds. Or we can fly our diamond consultants out to you, anytime, anywhere. You can meet one of our agents stationed across the globe. Any diamond you are looking for, if it exists we will find it for you. We help you to make the smartest purchase if you’re buying diamonds as an investment. Ask for a free quote to get started on your diamond buying adventure! You should start with reading up on diamond information to learn about the quality of diamonds and how to buy a diamond in a smart way. These certificates are the most accurate and reliable, used by everyone in the diamond industry. Have a look at our extensive database of diamond education articles.
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