7 Tips for Buying the Perfect Loose Diamond

Diamonds are one of the most favored precious stones throughout the world for their exceptional brilliance and unparalleled charm. Who would not go crazy over flaunting a diamond sparkler on their ring finger, as earrings dropping from their earlobes, or a string of diamonds worn on the neck or adorned on the wrist? While buying ready-made diamond jewelry from stores may not fascinate everyone, many individuals opt for loose diamonds in search of the exact size, shape, or quality they want to get their jewelry custom-made later. 

You would probably find several sources selling loose diamonds online at comparable prices but searching for the lowest cost while shopping for loose diamonds is not enough since there are ample other factors that need to be considered. Below are some tips that you must follow and look out for before spending your precious savings on loose diamonds for sale.

Setting a Budget & Doing Market Research

Before you buy loose diamonds, you need to set the budget for the purchase. There are several factors to be considered, such as the size, color, clarity, carat weight, etc. which directly impact the price of the diamonds among several additional factors. You need to start collecting information regarding the 4Cs concerning the quality of the diamonds, the market  price of different carat weights, ideal proportions, the presence of inclusions, the brilliance of the stone, etc. Considering Diamond Cut Before Buying

As far as a diamond cut is considered, it is the most significant factor out of the 4Cs determining a diamond’s quality. A diamond with an excellent or ideal cut can make other factors less significant with its brilliance and larger-carat size appearance. Talking about the most popular diamond cut, you would probably find the round brilliant cut the most sought-after but also the most valuable of all the cuts. The heart and arrow diamonds are also highly priced for their brilliance and reflection of light which gives us a perfect reason to spend more on them; one can see the arrows on the top and hearts on the stone when placed face down. 

Considering Diamond Shape Before Buying

While round shapes are the most preferred ones for a diamond purchase, there are other non-round designs preferred by the younger generation. These non-round shapes will not only appear bigger for their diagonal or elongated size than the round shapes of similar carat weight but will also cost considerably less. So instead of round, you can buy your diamonds at discounted prices in favorable fancy shapes including square princess cut, cushion cut, pear cut, oval cut, emerald cut, radiant cut, trillion cut, heart shape, etc. 

Considering Carat Weight Before Buying

Carat weight is a very prominent factor affecting the price of diamonds which tends to rise exponentially with the rise in carat weight at specific numbers or scales. So, instead of compromising on the quality of the stone, it is better to opt for a diamond of lower carat weight. If you are finding a diamond at an exceptionally lower price than the rest of similar carat weight samples, it means what you have been offered is definitely not a fair deal.

Considering Color & Clarity Before Buying

While looking for the best color, you can refer to the color grading scale but in general, you would either find a diamond colorless or with a yellowish tinge, in the case of white diamonds. The shape of the diamond has a significant role to play in determining the strength and reflection of color, so pay more importance to the shape while buying your pick. 

As far as the clarity of diamonds is concerned, you would find that the stones which are eye-clean will cost more. If you are extra particular about inclusions, several online vendors would provide you with magnified high-definition videos of the loose diamonds while you can also ask your local jeweler to show you the stones under magnification where you can carefully look for any inclusions in the stones. 

Alternative to Natural Diamonds

Naturally mined diamonds certainly command the highest price in the market for their natural origin and the rigorous procedure involved in mining and making them ready to purchase with the retailer dealers. So if it doesn’t suit your budget to purchase natural diamonds then you can go for lab-made or artificial varieties which are 100% real and cost around 30% less as compared to their natural counterparts, hence affordable. If you are an advocate of humanity and nature, you can ask for conflict-free natural and ethical diamonds which are certified by Kimberley Process. 

Considering the Verified Certificate

Since assessment of all the quality features of a diamond is not an easy job, only the stones chosen from a certified source can guarantee a genuine purchase. As such, you must always ask your diamond vendor to provide you with a grading report of the diamonds from a certified institution such as the American Gem Society Laboratories (AGS) or the Gemological Institute of America (GIA). While GIA is the one behind the invention of the diamond grading system and the 4Cs governing the quality of diamonds, AGS developed the diamond cut grades recognized worldwide. Thus, these two institutions have a high contribution towards ensuring the supply of conflict-free and ideal-quality diamonds worldwide.

End Note

With the global market for gemstones and jewelry on its boom, customers have all the ways to purchase their favorite gemstone jewelry either directly from the vendor or to get it made from scratch from an existing or a custom design. In the case of super expensive diamonds, as more designs are getting personalized especially when it comes to engagement rings, people are opting for loose diamonds in definite proportions and carat weight to stick to their budget and customized designs.

But before you take another step, make sure to research a lot about the quality factors and credibility of the stones you are about to buy. Look for the GIA report number on the girdle of the diamonds to confirm their authenticity and pay for what is real and not fake. To make your journey to purchasing loose diamonds smooth, GemsNY has introduced its range of loose diamonds including loose pink diamonds for sale.  Love deserves something rare—don’t miss our valentine's day sale featuring handpicked gemstones at special prices.