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Wednesday 24 July 2013

Top 4 Diamond Buying Mistakes

Nowadays it is pretty easy and simple to buy a diamond or diamond jewellery. Tons of jewellery shops, independent jewellers, websites and more offer customers with a fabulous array of dazzling gems in various price points. People today also look at loose diamond specialists and specialty stores to buy loose gems and have them set at a later date or for investment purposes.

Diamonds are dazzling and people are often spell bound by their looks to pay attention to the nitty gritties of buying good quality diamonds. Whether you decide to go to a traditional jeweller in store or go via today's online route, taking an informed decision and making an educated purchase is a must. To make sure you get your money's worth avoid these very common diamond buying mistakes 

You start unawares – Buying a diamond isn't all about finding a beautiful stone that you think will look good on a ring. As a buyer who is approaching loose diamond specialists or a store, know which components of this stone you should be paying attention and what qualities affect the value of the diamond in question. The four basic tenets of diamond shopping must be researched namely the cut, carat weight, the clarity and the colour which are known as the 4Cs. To start you off the carat refers to the weight of the stone, the colour ranges from absolutely colourless to lightly coloured (unless it is a specifically coloured stone like a yellow or pink diamond), the clarity refers to the presence or absence of natural blemishes and inclusions in the stone and the cut refers to how a diamond reflects light due to the quality of its cut which will ideally be from the top surface of the gem. Brush up on the basics throughly before you begin looking for diamonds to purchase.

You don't ask for a certificate – A diamond must be certified and have been graded by a gemological standard and not simply verified or appraised by the jeweller or retailer in question.  A certification will imply that the diamond has been examined, assessed, graded by an independent institution based on the 4Cs that will give you an idea of its quality in these aspects. Be wary of a seller that does not offer certified diamonds.

You don't do a price check – Although you may find a retailer or loose diamond specialists you trust, make sure you do a comparative price check from different sources.  Settling for the first price you have been offered could lead to a costly mistake and you will end up paying a lot more for something you could have gotten cheaper.

Not checking the return policy – When buying loose diamonds or diamond jewellery too experts always suggest checking to see what the seller's return policies are and what the trade or exchange rules are as well. A healthy return policy is all the more important when you are purchasing online.

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