2 Things You Need To Know Before You Buy A Diamond

Posted on: 5 November 2014

Buying a diamond is a major purchase. Whether you are buying it as an engagement ring, a present for a loved on, or something to treat yourself, it is important that you make sure you are educated about diamonds before you make the purchase. Here are some things that you should know about diamonds.

1. Size Is Only One Factor

Many people get distracted by the size of the diamond thinking that this is the only factor to how valuable it is. Although the size of the diamond is important, you can actually get a pretty big diamond for relatively cheap if you forgo worrying about the cut, clarity and color.

When buying diamonds it is important to take into account the 4 C's:

  • Carat
  • Cut
  • Color
  • Clarity

For instance, if you have a perfectly colorless diamond it will be very valuable, not matter how big it is. Conversely, you can get a large diamond that has a yellow tint on it for far less than if you tried to get one that colorless. This is why some people choose to get flawed diamonds that are gold or yellow. They are still beautiful but very affordable.

The cut refers to how the diamond is cut and at what angle. A diamond that is cut perfectly will reflect the light from every angle. This means that it will sparkle more. If you get one that isn't cut as symmetrically you can save money, but it may not sparkle as well.

Lastly, the clarity is how many flaws are in the diamond. Some diamonds will have leftover pieces of black, like a black dot in the middle of it. This will also make it cheaper because the clarity will affect the sparkle.

2. The Price Is Negotiable

When you are in buying a ring, it is important to make sure that you are realistic about the price. Jewelers buy the diamonds for a base price and then they choose how much they will sell it for. This means that they have wiggle room when it comes to pricing. This means that you can actually get a better deal than what the tag is saying. If needed, be ready to walk away and choose a different jeweler if you have someone who is unable to meet your demands.

By understanding that there are many different factors that contribute to your diamond, and that the price is not set in stone, you can find the best diamond for you. Contact a company like Diamond District for more information.