It rarely happens you walk into a store and buy a loose diamond of 5 carat, D colour, IF clarity, ideally cut. Most people have a limited budget at their disposal, but would still like to invest in the best possible diamond within their budget. You can use the following tips to help you.
With diamonds, the price per carat increases at the most popular weights (0.50, 1.00, 1.25…) because this is what investors will ask about when they buy loose diamonds. You can have more value for money when you go slightly below those weights. For example: a 0.90 carat diamond can have the same size in mm as a 1.00 carat diamond, but still be significantly less expensive. If you are looking for an investment however, we do not recommend to buy a loose diamond smaller than 1.00 carat.
Colour grading also has a strong influence on the price of a diamond. Still the average person can hardly see the difference between these colour grades. If you –within the spectrum of colours you like- invest in the lowest colour (where there is no yellow shine visible to the naked eye), this means the lower price per carat enables you to invest in a bigger diamond for the same budget. De highest colour grades D, E and F are categorized as “colourless”. The grades below G and H near colourless and are therefore interesting diamonds at a lower price.
A ring with multiple small diamonds is cheaper than one stone with the same carat weight. For example: three diamonds of 0.50 carat only cost a fraction of what one 1.50 carat diamond costs. So if you are planning to buy loose diamonds, consider buying multiple diamonds instead of just one. If you are looking for an investment, we recommend starting from 1.00 carat on.
All diamonds have impurities; the question is what can be detected with the naked eye. If a diamond looks clean to the naked eye, it should be good enough. A better clarity has almost no influence on a stone’s beauty or appearance, but it does influence the price. For clarity – you can again look within a spectrum of what you like – and save money this way without having to compromise the beauty of your diamond. For investments we recommend a VS2 or higher clarity. .
The shape of a diamond influences the price. Some shapes appear bigger than others. Oval, marquise and pear shaped diamonds can appear bigger than round or square diamonds with the same carat weight. This is not always the case however.
Even diamonds with the same shape and carat weight can still have different measurements. The way a diamonds is polished can have an impact on its size in millimeters. Shallow or less deep diamonds appear bigger in length and width than deep diamonds. Of course one has to take the different proportions into account, as a badly cut diamond (too deep or too shallow) will not have a good sparkle compared to a diamond with ideal proportions.
The most important factor to buy a loose diamond for a limited budget is undoubtedly the place of purchase. The mark-up for diamonds in retail ranges from 10% at online vendors to more than 200% at jewellery stores. A vendor with low overheads and lower prices will help to get you more diamond for the same budget. At Baunat Diamonds they have fully understood this concept. Thanks to their extensive network of diamond manufacturers, they are able to buy straight from the source. This position explains the exceptional diamond prices. It is therefore perfectly possible to buy a loose diamond with a limited budget.
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