Wednesday 25 April 2018

Common Mistakes People Make When Buying a Diamond

Buying a diamond is a great feeling. Oftentimes it marks a joyous occasion or turns an ordinary day into one! But quite too often the joy is dulled by the confusion and stress that comes with choosing a good diamond with no prior education on the subject. Here are some of the most common mistakes that people make while buying their first diamond.

Settling for a Poor Cut Quality of a Diamond
Diamond cut is harder to define than color or clarity and so it is very easy to be misled about it. If you are buying your diamond in a store you may be shown various cut qualities and while you may choose the best option shown to you, it is not necessarily a well cut diamond. It is just the best of what is currently available at that particular jewelry store.

Deep, poorly cut and less expensive diamonds are quite common in jewelry stores and it is often a waste of money. These deeply cut diamonds carry most of its carat weight in the depth of the diamond instead of the width. You might end up buying a 1.00 carat diamond that ultimately looks like a .90 carat diamond because it’s cut too deeply.

Also that, because less than well cut diamonds cost comparatively less to purchase and easily sold at a lower price and well cut diamonds are expensive per carat, very few jewelry stores carry options for well cut diamonds.

Not Acquiring a GIA Certificate
The Gemological Institute of America (GIA) is a nonprofit organization that basically sets the main standards used to evaluate the quality of a gemstone. The certificate grades a diamond based of the 4Cs – Color, Clarity, Cut and Carat. The accuracy and impartiality of the institute is really remarkable. For all reputable jewelers, the GIA certification process is an absolute must. Other gemological labs which are unbiased are the AGS and the IGI.

Going with the Three-Month Salary Rule
It is just so ridiculously unreasonable to think that only if you spend your three-month salary will you get the most perfect diamond for an engagement ring. Buying a diamond is completely about your personal preferences and budget. Saving up on the size of the diamond just means that there is room for other setting options to try. Also, buying an affordable diamond now means that you can consider getting it upgraded for an anniversary down the road. Don’t worry about it at all!

Being Hell-Bent on Getting a Colorless Diamond
A colorless diamond is not always the answer! It is almost always better to buy a diamond that is of the G-H color grade than a D grade diamond that is extremely expensive. Diamonds in the G-H color grade are nearly colorless and look completely colorless to the untrained eye and are significantly cheaper than diamonds that have a higher color grade. And if you are planning to set your diamond in yellow gold then you could go even lower down the color grade because the reflection of the yellow gold will make your extremely colorless diamond look tinted.

The most important thing before buying a diamond is to do your research. So don’t worry, you are on the right track!

Location: New York, NY, USA


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