How To Buy Loose Diamonds
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How To Buy Loose Diamonds
The Internet has changed diamond and jewelry shopping habits and with huge benefits to the buyers. One such development is the opportunity to select a loose diamond from a huge inventory and partner it with a beautiful setting.
A loose diamond is a diamond that is available to buy alone, i.e. without a setting. Loose diamonds are most commonly purchased to be set into an engagement ring or other diamond jewelry, however, there are also people who choose to buy loose diamonds simply for investment purposes.
The old school, brick-and-mortar process of buying a pre-set engagement ring has the advantage of offering immediate gratification. This perk is far outweighed by the benefits of buying loose diamonds.
Selection: Every diamond is unique. When you visit a jewelry store or buy a pre-set diamond ring online, the jeweler has already chosen that one diamond to go into the setting. You may fall in love with a ring, only to find the central diamond is below your required color/clarity/cut grade. This can lead to compromising. Choosing a loose diamond allows you total freedom to select your specific quality characteristics and choose from thousands of settings to create the perfect engagement ring. You could also purchase a loose diamond for a proposal and allow your partner to choose the setting.
Price: Being able to refine and tweak your loose diamond search settings allows you to work firmly to your budget. Unlike a pre-set ring, which is sold with a total price, selecting a loose diamond and a setting separately allows you to see exactly where your money is being spent.
Only consider buying a loose diamond that has been certified by the GIA or AGS. These laboratories are acknowledged as the most consistent and accurate grading authorities. Less reputable grading bodies will give inflated grades leading to customers over-spending on lower quality diamonds.
One of the huge perks of buying a loose diamond online is the large inventories of loose stones available to view. While a brick-and-mortar store may hold a few loose diamonds for you to look it, they cannot compete with the variety found through online vendors. This gives you the chance to make side by side comparisons of quality and diamond prices, and rule out unsuitable diamonds with ease.
People often ask the price of 1ct loose diamonds, for example, but whether the diamond is loose or in a setting, every quality characteristic will influence the price. Where possible, diamonds should be assessed on a stone to stone basis. You can also use our diamond price charts and calculators to get a better idea of how to set your budget.
Our top three sponsoring vendors for loose diamonds are Whiteflash, James Allen, and Blue Nile. They each take a different approach but ultimately edge competitors on imaging, inventory size, and easy to use websites.
Our advice, and the shared opinion of our diamond community, is that buying a loose stone offers far more flexibility and choice than its pre-set alternative. While it may sound daunting to a first-time buyer, the process of buying loose diamonds is easier than ever and the online experience has proven to be the first choice for buyers in the now.
The diamonds in your ring should have a perfect cut quality, with no exceptions, which you can determine using our expert tool. Explore our extensive inventory of over 1 million loose diamonds for sale and choose the diamond that suits your needs.
The PriceScope community has assisted thousands of buyers to navigate the world of loose diamonds and our extensive resources will provide you with all the information that you need to shop with confidence.
Every diamond ring or piece of diamond jewelry starts with a loose diamond. These are diamonds that have been cut and polished, but not yet set in a piece of jewelry. Many jewelers today sell loose diamonds as well as pre-made jewelry.
To ensure you have no post-purchase remorse, shop with a retailer that comes re
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