Diamonds: Diamond Buying Tips

07/02/2013 10:01

 If you start to think about buying a diamond, you naturally want the best diamond that you can afford and a beautiful stone you will treasure forever. Diamonds can be found in a variety of shapes, sizes, qualities and colors. If you are about to buy a diamond for an engagement ring, you might want to consider spending the commonly accepted guideline of two months' salary. However, you should spend as much as you can comfortably afford. Buying a diamond is not like buying a car that will depreciate over time, they endure generations and are passed on in your family as an heirloom. Remember, diamonds are forever.

When buying diamonds, make sure you buy the best quality diamond that is within your budget. Do not buy a diamond just because it has been "discounted" or the diamond dealer has a "special price". This "sale" prices and offers are nothing more than marketing hype and will not result in any real savings to the price of a diamond. The price of diamonds is controlled by international market conditions and availability. Unlike other jewelry items, diamonds did not go on sale because they do not have large profit margins or over inflated prices.

Do not confuse a diamonds carat weight with the size of a diamond. Two diamonds that may have the same carat weight very different diameter measurements and appearance in actual size. A poorly cut 1.00ct diamond may look like a 0.75ct diamond from above look like, because they are the same diameter measurements even though their carat weights are different to do.

Diamonds are sold by their carat. A diamond cutter always tries to keep as much carat weight and as few inclusions when cutting a diamond. Sometimes, the cut of a diamond may be sacrificed in order to produce a diamond having a higher carat weight. Diamonds, which have a higher average quality - very good, ideal and very good diamonds - will sparkle with far more brilliance and fire than poorly cut diamonds, which have a lower cut grade.

Before you start your shopping for diamond, it is best to have an understanding of what you are buying and have the process behind the purchase of a diamond. Today on the internet there is no shortage of information available, especially when it comes to learning about diamonds. Here are a few important steps when they apply to the purchase of a diamond.