Just like you would think enough before buying a new car, buying a diamond ring should involve equal or probably more homework than that. Below is a simplified set of steps you need to follow before buying a diamond ring.
- Set your budget. How much can you really afford? Think of this like an investment with an emotional value. Therefore, while you may want to splurge, you wouldn’t want to spend your entire savings on it. Set an upper limit before looking for options.
- Find a good dealer. Yes, you can safely buy diamonds online, and you will have all the information that you require, as long as the dealer is a known one. For example, if you check about diamonds.co.nz, you will realize that they have a strong industry reputation.
- Buy certified diamonds. It is important to ensure that you are not ripped off while buying diamond. Sellers can claim anything, but it should be backed by evidence. For solitaire rings and loose diamonds, insist on GIA (Gemological Institute of America) certification.
- Selecting the shape. Some ladies prefer the old and classic princess or round cut diamond, while others are more in love with the pear or oval cut. While this is a matter of personal choice, we highly recommend that you check enough choices.
- Know the four Cs. These are cut, color, clarity and carat. The carat refers to the weight of the diamond, while color refers to the obvious. Clarity talks about the inclusions in the stone, while cut determines the brilliance. Balance all can be tough, but do not compromise on the cut, which eventually affects the light reflection.
- Avoid confusion. Contrary to what many buyers believe, the carat weight of the diamond doesn’t really refer to how big the diamond is. Instead, it talks of the weight. If you want a big rock on your finger but don’t want to pay a huge price, you can choose to go down on clarity grading.
- Know the color. Color doesn’t really talk of the beauty of the stone but is more about rarity. A colorless diamond is graded D, while a regular diamond with a yellow tint can be ranked Z. As you go down from D, the price decreases.
Check online now and shortlist a few designs, which will further help in sorting the choices. A diamond, as they say, is forever!