Diamonds, as they say, are forever. No matter whether you are gifting one to someone you love or are buying your first diamonds ever, making the right choice is important. With numerous brands around, shopping for diamonds doesn’t have to be complicated, but as an informed customer, you must do your homework. In this post, we have listed down the essential pointers, so that you can learn how to buy diamonds like a pro.
Know the 4 C’s
There are 4 C’s about diamonds that you need to know – cut, color, clarity and carat weight. Together, these four decide the final price of the diamond. There are many online resources that will help you in understand the core aspects better, but it is also important to consider the purpose of buying the diamonds. Certain diamonds work better for certain kinds of jewelry designs, which is another point to note. It is also important that you consider diamond Certification. There are known agencies for the purpose, such as Canadian Institute of Gemmology, American Gemological Society and Gemological Institute of America, which rate and certify diamonds based on the parameters mentioned above.
As a buyer, you need to know that diamond certification is a complicated process, and precision tools and laboratory equipment are used for the purpose to measure the 4 Cs as stated. However, the standards can widely differ, and therefore, you may want to dig in more, especially if you want to buy and sell diamonds on a regular basis for investment and other reasons. The final price is decided on the grading, and depending on your budget, you can choose to compromise one aspect or the other. There are diamond brokers, who can assist and offer consulting services for your purchase. They will assess your requirements, understand the needs and suggest the right ways to evaluate the options.
A lot of people prefer buying loose diamonds, to get their own custom jewelry, while for others, these precious stones are real investments. Find more about the kind of diamond you are interested in, and take assistance from professionals if required. Keep in mind that diamond color is a matter of personal choice, but can influence the overall price. You may also want to check online for additional information on buying diamonds. After all, it’s your hard-earned money, and if done right, diamond investments can offer assured long-term returns.