Diamond shopping is an exciting experience, well, arguably. But we always have to keep these 6 common mistakes in mind when buying diamonds. Sure the investment can be and is rewarding, but the decision-making process to get you to that ‘promised land’ can be a tad too frustrating.
Why? Well, there is an insane number of stones from which to pick. Couple this with the vast numbers of jewelry stores and the vast amounts of your hard-earned money at stake, you suddenly start to feel the pressure.
With all that is at stake, it is effortless to get a wrong choice and fall short of the best deal. So before you fork out a significant amount of your hard-earned money, check out the below diamond purchasing mistakes and just how you can avoid them.
Mistake 1: A diamond doesn’t need a certificate
Each (real) diamond has its certificate presented by the GIA. GIA is the “Gemological Institute of America” and is the organization that judges diamonds.
By thinking about the GIA certificates, you can see that not all diamonds are the same. Diamonds can differ in carat, color, clarity, and cut. The differences between these four properties (also known as the 4 C’s) determine the price of the diamond.
It can be challenging to evaluate a diamond with the naked eye. For example, two similar diamonds may differ in purity, even though you do not surely see this.
The grinding quality is also hard to judge without specific diamond knowledge. Every polished diamond shines, but the most beautiful glitter is achieved. When all facets are on the right degrees, and the proportions are accurate.
Two equal diamonds can give a different glimmer under the same situations. Therefore, always check the certificates of the diamonds before you make a buying.
Mistake 2: There’s nowhere specified that this is a blood diamond, so it must be alright
This is a dangerous assumption. In addition to everything that is in the certificate, some diamond features aren’t on there. One of those things is the source of the diamond. There are a few areas where you don’t want your diamond to get from.
The so-called blood diamonds or “conflict diamonds” come from conflict areas. And With the sale of blood diamonds, corrupt governments are maintained as is the deal of weapons to create conflicts.
For honest people who do not want anything to do with it, a certification process has been set up for excellent diamonds. In the so-called ‘Kimberly process,’ it says that every statement of purchased rough diamonds needs to be provided with a signature.
That signature is evidence that the sold diamonds do not come from conflict areas. At Royal Coster Diamonds, we do not trade blood diamonds. With us, you are, therefore, sure your diamond was obtained reasonably and safely so you can wear it carefree.
Mistake 3: It doesn’t matter which diamond lab rated my diamond
Strangely enough, every gemstone laboratory can set its standard for grading diamonds, and One laboratory can, therefore, rank a diamond a lot purer than another lab.
Some dealers and retailers favor doing business with a laboratory that sometimes judges the stones 3 to 5 degrees higher. This will increase the margins for the retailer.
He sells the diamond for more capital than it’s worth. As a buyer, however, you cannot check this and spend too much on a less pure diamond.
Mistake 4: If I negotiate well, I get the price down a lot
We understand that it seems attractive to hope for the most excellent quality for the lowest price. Diamonds as big as possible for as little money as possible and remember that the costs of diamonds with a valid certificate, with the gradient that you won’t usually have fair and fixed prices.
The umbrella organization of diamond dealers determines these and Wants a lower price? Then you will have to hand in on quality.
Mistake 5: All diamonds are perfectly cut
Diamond is a natural product, and the craft of cutting it is done by hand. Sometimes a cutter has to use all his craftsmanship to grind a gem perfectly.
For example, a cutter may prefer to deliberately deviate from the standard to get a diamond in perfect condition. Sometimes he will encounter a wrong spot in the stone.
Mistake 6: There is a certificate so that it will be all alright
If you want to purchase a large and high-quality diamond, do it at a good and reliable supplier. Here you are assured that you get the correct certificate with your diamond.
Make sure that all diamonds on your purchased jewelers are of similar quality, and This quality should also be stated on the certificate you receive.
Best quick tips
- Don’t buy on the first visit, or at first sight. Sellers need buyers more than buyers need sellers.
- Only buy certified diamonds with a laser inscription to verify the authenticity of the diamond.
- Don’t be fooled by “wholesale pricing” or deals that are too good to be faithful. GIA diamonds can be priced compared – multiple jewelers have access to the same diamond, most of the time.
- Request images or video of the diamond so you can confirm it’s brilliance.
- Don’t be the expert – always ask jewelers for guidance. Don’t blindly accept the proposals, but do ask. They know what to look for to maximize your price budget.
- If you are trying to shop for diamonds, keep up to date with Gems Story. The purpose of the Gems Story is to provide you with the best awareness of diamonds.