How to buy a Diamond Ring without getting duped

How to buy a Diamond Ring without getting duped

How to buy a Diamond Ring without getting duped

Posted by Sharif Khan on 23rd Aug 2018


Diamonds are a girl's best friend, so finding this precious gem as a symbol of your lifelong commitment is going to be your main objective. When searching for the best place to buy diamonds, there are many avenues to choose from. Of course, you would like to get the best value for money but you also want to end up with a quality diamond.

The best way to go about this overwhelming task is first to educate yourself on how to buy a diamond. Diamonds are graded into categories according to certain elements. These include factors like the color of the diamond, the clarity, the cut and of course the carat weight. All of these factors and elements can either add or detract from the value of the stone.

Once you have decided what type of diamond you are looking for, you can begin to search for  the best place to buy diamonds. The internet is full of wonderful information and many people are shopping online for everything nowadays, diamonds are no exception. You might just be surprised by how many online diamond retailers you will find! This number is increasing exponentially year-on-year and this provides competition. As you know competition helps to reduce prices on all items drastically, hence making this method of online shopping extremely feasible for the consumer.

James Allen

First, an overview of the diamond distribution system is needed so that we can have a common point of reference when these terms are used. The diamonds come out of the diamond mine (the source) and then make their way to the diamond cutters, this is the manufacturer level.

GET THE BEST WHEN BUYING DIAMONDS

Do you want to get the best when buying diamonds? Where do you find the best? And further, how do you save? Let us discover more here!

The first place to find good diamonds is through a store. A local jewelry store is a great way to be able to find something and be able to get it there and then.

A good thing about trusted jewelry stores is that you know the diamonds you buy is going to be real diamonds. They are going to be something which is real and has a  certificate of authenticity. And this applies to most countries, so it is a good thing to have.

Buying online is another big option. Since the internet started becoming popular over the last decade, sellers started creating websites, and the websites that allowed online buying.

So now you can go about buying diamonds online. The result is that you can save and you can save big. With so many stores, the process can save a lot of money.

There are a lot of stores, so researching is a key. And this process does not have to take a lot of time. In fact, it can be a quick process.

Considering when you go to a local store, the process can take up an hour or more, the internet allows you to actually be able to search through several stores and find savings within an hour.

Though buying diamonds on the internet is going to be something which is not going to be instant like buying through a store, the savings to make it well worth the few days wait for its arrival.

CHOICES FOR BUYING DIAMONDS - LOOSE OR SET?

Buying diamonds is not as simple as it might seem at first glance. There is a lot that you need to know and understand about diamonds first. This includes learning about how diamonds are graded and whether you should buy a diamond which is already set in jewelry or purchasing it lose.

One of the first things you want to do before buying diamonds is to look at all your options. First and foremost, see what you can afford to spend realistically. There is no point putting yourself into major debt by buying diamonds which might take you years to pay off. Be sensible and see what you can truly afford.

If you are considering buying diamonds which are termed "loose" the benefit will be that you can use these in any setting you desire. The one thing to remember is that you must have some sort of experience in buying loose diamonds. This task is normally left to experienced diamond buyers, so it would be advisable to ask a qualified diamond buyer to assist you in choosing the perfect diamonds, otherwise, you could get talked into a wrong deal.

If you are looking for a unique customized ring it is also possible to find a diamond which is already set in jewelry. One of the best places to search when buying diamonds in this manner is on the internet. The information is readily available and there are so many websites selling diamonds your selection will be overwhelming!

The reason that these online stores have such a large variety is that they don't have the costs associated with a large physical store. They can thus afford to stock more inventory enabling them to drop their diamond prices as the turnover of the jewelry rolls at a much faster pace.

By taking your time when buying diamonds online you will undoubtedly uncover that original and special gem at a fraction of the cost. Browse through a couple of online retailers and keep track of which sites have the best selection along with the most attractive prices. Then refine your search until you can finally narrow down your choices to within a few items.

By starting your research well ahead of time you will have more than enough time to find that perfect wedding or anniversary ring. When it comes to buying diamonds it really does pay off to shop early and not to be in a rush. Taking an experienced buyer with you or simply asking questions in seeking advice will not do you any harm and is highly recommended.

Whichever option is more feasible for you when buying diamonds, loose or set, you are guaranteed to make an investment which will last a lifetime in pleasing your loved one.

THE MOST EXPENSIVE DIAMONDS ACROSS THE WORLD

When talking about the diamond, ladies must be amazed and can't help screaming because it is the favorite of most ladies. De Beers' classic advertisement says that a diamond lasts forever, which convinces them that the diamond ring is the proof of love. Although a diamond is expensive, in order to please a lady, many gentlemen still choose to buy and give it to her.

The following are top 10  most expensive diamonds across the world:

1. The Star of Africa

The Star of Africa is the biggest cutting diamond in the world. It is cut by an American company which can't decide the suitable cutting method until they study it for 6 months.

2. The Koh-I-Noor diamond

It has the oldest recorded history. Its most early record can date back to 1304. When Victoria Queen was on the throne, it was processed again and then inlaid on the crown of the Queen. It weights 108.93 carats now. It is said that  Koh-I-Noor is a present given by God to one of his loyal followers.

3. Excelsior Diamond

Excelsior Diamond is one of the biggest diamonds and it is the second biggest diamond in the world.

4. Great Mogul

Named after Shah Jahan, the maker of TajMahal, Great Mogul was found in India in the 17th century. However, it has disappeared now. Some people say that it has been re-cut and the Koh-I-Noor diamond is a part of it.

5. Idol's Eye

It is a flat pear-shaped diamond. It weighs 70.2 carats, equaling to the size of an egg. The legend says that it was the ransom given to Kashmir chief by Turkey King because Princess LeiShu was arrested by the chief.

6. The Regent diamond

It was found at the place near Valley Kangda in 1702 by an India slave. It is famous for its rare clarity and perfect cutting. Undoubtedly, it is the most beautiful diamond in the world.

7. The Orlov diamond

It is the third biggest cut diamond in the world. Its clarity is the most particular, the same as other beautiful Indian diamonds. It has a slight blue-green tint.

8. The blue hope diamond

It is considered that it has the same features as the famous Tavernier blue diamond has. It was brought to Europe from India in 1642. It once belonged to the French king Louis XIV. Today you can see it in Smithsonian Institution in Washington.

9.Sancy Diamond

It was first owned by Charles Bold, Duke of Burgundy in France. Duke Charles lost it in a war in 1477. Judged from its color of light yellow, it can be inferred that it must be produced in India. It is said that it is the largest diamond cut with the symmetry facet.

10. Le burton diamond

It was found in Transvaal in South Africa in 1966. Richard Barton spent 11 million dollars buying it and sent it to Elizabeth Taylor and then renamed it, Taylor Barton.

IS IT SAFE TO BUY DIAMONDS ONLINE?

Even today online deals seem to be too risky and unreliable, especially when it comes to large expenses, like on diamonds, for example. Is it safe to buy diamonds online? This question interests many people, and the answer to it is YES. All a buyer should do is cooperate with reputable vendors and never buy huge diamonds from the dealer for the very first time. Start with a small purchase and proceed in case you are satisfied with what you've got.

You can get anything you need - rings, earring, bracelets and lots of diamond jewelry safely and sometimes at discount prices.

Do The Research And Educate Yourself

Before making any purchase, make sure you know basic information about diamonds: their  clarity, carat weight, color, and cut. Remember that each diamond should have its certificate. View and then compare the stocks that are available at websites and, relying on testimonials of specialists and clients, determine which the best is. Possessing all the valuable information, you'll manage to protect your finances and get the highest quality diamonds for the money you pay.

While buying, never grab the very first diamond that seems very appealing. Do comparison-shopping and try to find the best deal for the same item.

Buy A Certified Diamond

Always ensure you buy a diamond that has been certified. Diamonds from fewer quality labs may seem cheaper, but they are simply too inconsistent to take a great risk and buy the diamond that has never been seen.

Selection & Prices

Buying diamonds online from a reliable and trustworthy website is not only safe but also beneficial. When shopping online, one can easily find the best-cut diamonds, as lots of vendors list all wholesale inventories and most local stores buy those that are more popular and appealing and never have the desire to stock the best-cut examples.

Speaking of the prices, it is important to point out that the Internet prices are competitive due to the lower operating cost. This is why when you see diamonds at low prices it doesn't mean the vendor's trying to cheat money out of you. Besides, there are many Internet dealers who maintain their own inventories. Buying online you save on taxes by getting the diamond you've chosen shipped to you from another state.

Pay by Credit Cards to Be on the Safe Side

Did you know that credit cards give protection? When you have any doubts, pay by credit cards. And when you don't like the purchase or haven't received it at all, you can contact your credit card provider, investigate and refund your money. However, it is also highly important to keep in mind that there is a time limit (60-100 days), which depends on your credit card provider.

Delays Are a Usual Thing

When you are buying any stuff from the Internet stores, delays happen all the time, and only in very rare cases, the parcel with a purchase comes on time. There is no need to get worried if there is any shipping delay of a couple of days. Though an online purchase can be done automatically, it doesn't mean the process that follows it is very easy. It takes time to prepare the required papers and send the diamond to the buyer's place.