So you’ve heard about loose diamonds for sale, you’ve checked them out, and you’ve decided they’re just what you’ve been looking for. How do you go about purchasing them? It’s not hard at all. Here’s a little guide on how to find these precious gems you can use to help you along.
A smart shopper will look for the merchandise in a variety of places. If you want to see them firsthand, visit a few local diamond retailers in your area. Ask if they deal with it, and if they do, see what they have to offer. Browse the show cases, and see what’s out there. Check out the prices, but don’t get roped into purchasing anything just yet.
Next, surf the internet from the comfort of your own home. Take a look at what online diamond retailers have to offer, and do some comparisons with the loose diamonds you saw at the brick and mortar diamond stores you already visited.
Next, plan a budget, and stick to it. The last thing you want to do is put yourself in debt when purchasing precious gems. Take a good look at your monthly income relative to your monthly expenses to see how much money you can afford to invest in your loose diamonds. Once you’ve got your budget, promise yourself to stick to it so you won’t go into financial debt in the purchasing process.
Finding a good deal
Now that you’ve taken a look at what’s out there, and you’ve established your budget, it’s time to find some deals on certified loose diamonds. So how are you going to distinguish what’s a deal and what isn’t a deal?
The number one way is to closely compare loose diamond grades and prices. Diamonds are graded on 4 specific characteristics; clarity, color, cut and carat. Each of these traits are examined, and then graded accordingly. When comparing stones, be sure your comparing stones that fall into the same category.
For instance, don’t compare a 2 carat fancy yellow diamond with a high quality cut to a 1.5 carat white diamond with a low quality cut. You’ll be comparing apples and oranges and you won’t get a true sense of whether or not the prices are good. Instead, be sure the loose diamonds you’re comparing are relatively similar.
In addition to diamond grading, be sure you’re only dealing with certified rocks. What’s the difference?
Certified loose diamonds have been inspected by a reputable, non-bias diamond laboratory such as the Gemological Institution on America. They have no vested interest in the rocks. Rocks that have not been certified could be inspected and graded by anyone, and more often than not, the person doing the inspection has some sort of interest invested into selling them to turn a profit.
It only makes sense that you’d want to find quality loose diamonds at great prices. The way to do that is to be a smart shopper, stay on budget, and distinguish between a good deal and a not so good deal.