February 21, 2020 - Jewelry & Luxury Items
Buying a diamond is a significant investment and probably one of the most exciting. Therefore, you need to ensure you pick a diamond that you or your significant other will genuinely love and want to wear every day.
But choosing the right diamond, especially for first-timers, is not an easy feat. You might face seemingly insurmountable challenges, and one mistake could lead to the wrong choice.
But that shouldn’t intimidate you.
Here are some time-tested tips on how to pick a diamond that will give you the best value for your budget.
There are many types of diamonds: regular white diamonds, clarity white diamonds, pairs round shape diamonds, color enhanced diamonds, color treated diamonds, and natural colored diamonds.
You need to research and decide what type of diamond you want. Browse diamond websites, wedding magazines, and other sources to familiarize with the styles, cuts, and types of diamonds.
You can also read the history of diamonds and check out celebrities’ diamonds that are similar in type and style to the ones you might like. This will help you to figure out the best diamonds to buy.
To choose the right diamond, you need to consider these four “Cs”: cut, color, clarity, and carat weight.
The cut is the most important of the four Cs because it has a significant influence on a diamond’s beauty, sparkle, and price. Even if a diamond has your favorite color and perfect clarity, it may not give you the satisfaction you want if it has a poor cut.
To get value for money, choose the highest quality of cut your budget can allow. Go for a cut grade indicated “very good” or “better.”
Color is the second most important factor to consider. It’s what your eyes will notice after sparkle.
Grade H or higher stones are the best diamonds to buy. You should avoid stones with pale colors because they’re probably low quality.
The clarity of diamonds refers to the presence or absence of small surface birthmarks called blemishes.
Diamonds graded VS1 or VS2 are the best to buy; their blemishes and birthmark are invisible to the naked eye.
Most buyers think that carat refers to the size of a diamond, but that’s not true. Carat refers to the weight of diamonds.
You should choose a carat weight that’s slightly below the whole and a half carat mark to maximize your budget. For example, instead of selecting a 3.0-carat gem, consider buying a 2.9-carat weight. This way, you’ll save some money, and no one will notice the slight difference.
How much are you willing to spend?
Your budget will help you to figure out what you can afford and what you can’t afford. This will ensure there are no surprises when you go to buy your gem.
Every gem should have a certificate issued by a reputable authority such as Gemological Institute of America. Besides, the documents should be up-to-date. If there’s no certificate, you cannot ascertain the authenticity of the diamond.
You also need to learn how to differentiate between synthetic diamonds from real diamonds.
Even though everyone has a unique taste and preference for diamonds, this guide provides a helpful starting point. Before you start on the road to diamond-ownership, you should pay attention to the tips we’ve highlighted above to avoid making mistakes.
Remember to check out our blog if you would like to learn more about how to pick a diamond and other precious gems.
David Stiebel is one of the cofounders of PawnGuru. David was educated at MIT, where he studied Math. He subsequently worked at Bain as a data scientist before starting PawnGuru in 2015. He started PawnGuru to build a better tool for pawn shops and consumers to connect.More Articles