Loose diamond prices can be bought a lot cheaper than diamonds set in jewelery. There is no labor cost to pay for and no additional cost of the precious metal a diamond might be set in. However there are some factors to keeping mind when you buy loose diamonds
Firstly you need to know what you are buying. Not all diamonds are equal even if they are the same carat weight. Such factors as cut, clarity and color all play a major part in the value of a diamond.
This applies to loose diamonds just as much as a single diamond.
Only buy loose diamonds from a reputable diamond dealer. The dealer will have a certificate either for each diamond or the collection you are interested in. Check the certificate against the diamond or diamonds. Check that the clarity and cut are the same for each of the diamonds in the collection. Also the color and carat weight should match.
Many people will buy a collection of loose stones to have put into a necklace or ring or perhaps broach. All the diamonds should match. There would be nothing so poor as having mismatched diamonds in a ring or necklace.
Your budget will likely stretch further by buying loose diamonds so you will be able to afford better quality diamonds. Always buy the best quality diamonds you can afford.
Once you have your diamonds, seek out a good quality jeweler who can set the diamonds professionally in a ring or necklace that suits your taste, style and fashion statement. You may need to look around to find one willing to spend some time with you but it will be worth while in the long run.
Loose diamond prices are a good buy provided you keep in mind the above points.