Price of Diamonds Home
Price of Diamonds
Diamond Buying Checklist
Diamond Prices Lists and Charts
GIA and IGI Diamond Prices
Diamond Price List
Carat Weight & Size Charts
Proportions of Diamonds
American Gem Society
European Gemological Laboratory
Gemological Institute of America
Diamond Certification Laboratory of Australia
Diamond Basic Information
Diamond Ring Tension Setting
The 4 C's of Diamonds
Harmonized System Codes
How to Buy Loose Diamonds
Diamonds in Canada
Diamonds - How to Clean
Da Vinci Diamond Cut
How to Sell Your Diamond
Price of Diamonds Expert Author Alerts
Sign up to receive email alerts of new articles from Price of Diamonds on EzineArticles.com!
Archive for the 'Loose Diamonds' Category
Sunday, April 8th, 2007
Where you see loose cut diamonds for sale, before you simply jump in an buy here are a few points to keep in mind.
Most diamonds are not the best quality but some dealers will imply or infer that they are. It is a good idea to have an understanding on the cuts, color and clarity of diamonds and what the various gradings are. Then when a seller promotes a diamond as being of a certain grade one can see if it is worth while buying or not for the price asked for.
Assuming that the grading advertised is the actual grade of the diamond. It can be that a dealer will actually boost up the diamond grading by a grade to get more money for it. Stating that a VS1 or VS2 is a VVS1 or VVS2 (stating that an Very Slightly Included is actually a Very Very Slightly Included for example) can net a lot more money for the dealer and it is hard for the average Joe to tell the difference.
So it is very important that a GIA certificate is supplied with the diamond to show the true grading. The diamond should be sold with an independent laboratory report on that actual diamond to show the true qualities of the diamond in terms of color, clarity, cut and weight.
If you are buying online ensure that the seller offers a returns policy where you can reclaim your funds and return the stone if it is not as stated. You can check this yourself by getting the stone checked with a independent Lab. If it is a fairly large diamond you would want to do this anyway.
The colors of diamonds are varied and can come in virtually all the colors of the rainbow. Colored diamonds are rare however so one needs to ensure that the diamond is genuine first of all. Most of the diamonds you will see for sale are either white or yellow. If yellow this comes from the nitrogen in the diamond. The more yellow the less value the diamond is however as it reduces the sharpness and sparkle. The whiter the diamond the more sparkle it will have .
The one exception is the ‘Canary Yellow’ diamond which is a very beautiful and striking bright yellow and also very expensive!
The color of a diamond should only be done on a comparison basis with a master set or a colorimeter. A master set will be found in a gemological laboratory and has been pre-established in terms of color and whiteness. A colorimeter is a machine that can grade a diamonds color automatically.
The jeweler you are buying from should have a either and should be able to gain an exact color in front of you.
Practicing some due diligence when buying loose cut diamonds for sale is a wise move and can save you a lot of money!
Monday, April 2nd, 2007
Loose diamonds carat oval really describes a loose oval diamond of whatever carat. Probably the best sizes to buy in diamonds is either just slightly below a half carat or a carat or a 1.5 carat. The difference in size is negligible and one can still, for a .9 carat diamond, say it is about a carat. The big difference is in the cost.
A .9 carat, or just a fraction under, is going to be considerably cheaper than a full one carat or slightly over diamond.
Fred Cuellar, in his book, “How to Buy a Diamond” coined the term, ‘buying shy’. Here he talks about buying just under the carat or half a carat weight.
The price of a diamond jumps dramatically when it reaches the full or half carat.
A good idea is to look at the size. The diameter of a one carat diamond is about 6.5 millimeters. A .90 carat diamond is 6.3 millimeters. The difference is only the thickness of a piece of paper or a human hair. If you put a one carat and a .90 carat diamond side by side you would be extremely unlikely to be able to tell the difference. Yet the difference could represent anywhere from 300 to 3000 dollars! Depending on the size of the stone.
Taking an SI1-I Stone.
.50ct would be around $1,590
.49ct would be around $1,300 saving almost 200 dollars
1.00ct would be about $6,380
.90ct would be about $5,140 saving almost 1,240 dollars
1.50ct would be about $12,170
1.49ct would be about $9,510 saving around 2,660 dollars
2.00ct would be about $18,620 saving a massive 3,220 dollars
1.90ct would be about $15,400
So for the sake of a hairs thickness a considerable saving can be made.
Of course diamond cutters are aware of this and it is therefore difficult to get a slightly lower carat size as a result. Many diamond cutters will work to get the diamond up to scratch, as it were, to gain the full size so sometimes it may be better to accept a slightly bigger gap between a smaller stone and the full weight.
Of course there is the issue of the stone, in the eyes of the receiver if you are giving it as an engagement ring for example, being too small and not up to par. You can always say it is about a carat, (most people do not ask for an exact size anyway)
So loose diamonds carat oval can be a good buy if one decides to ‘buy shy’ and get what is really an equally fine diamond very slightly smaller but with a bigger saving in cost!
Saturday, March 31st, 2007
The best place to buy loose diamonds is from a diamond dealer or diamond jeweler. This means that you need to be sure the dealer you are going to buy from is qualified to sell diamonds and not just an outlet to sell whatever they can.
Here is a checklist one can use to pick the best dealer to buy loose diamonds from.
Firstly can the jeweler or dealer supply a FTC regulated Lab certificate with the diamond? Can they provide a GIA appraisal with the diamond also? Do not even entertain a dealer that does not have any certificates and appraisals for their diamonds.
Do they have a master set of diamonds for color grading? To grade the color of a diamond you really need to compare it with diamonds of an established color. Do they have a gem diamond light for color grading? Do they have an ultraviolet light for color grading? Unless they can demonstrate the resources and equipment for a proper color grading then it is unlikely they will be able to color grade accurately any diamond.
Any decent diamond dealer should have the GIA scale for grading color and clarity. If they do not, go elsewhere.
The diamonds should be loose of course. Do not be convinced in to buying diamonds that are set when you are after loose diamonds. You can bet they are of a lesser quality and flaws are likely to be hidden. It is not possible to grade a diamond properly when set either.
Do they have a trade in policy whereby you get equal to what you originally paid (not including taxes and shipping? If not then it is likely they will not trade in and return your funds. This is important when you buy online as you really have no way of knowing if the diamonds you are buying are suitable until you get them.
Is the dealer American Gem Society (or equivalent in your country) rated? If not then go else where.
Do they have GIA staff on the premises. If not it is unlikely they will be able to rate gems correctly.
If the answer is yes to all questions them you should be fine to buy diamonds from that dealer provided you follow some basic common sense and practice a little due diligence. That way you can be sure you will find the best place to buy loose diamonds
Friday, March 30th, 2007
When it comes to antique cut loose diamonds, there is a difference between ‘vintage’ and ‘antique’ jewelry. This is mostly one of age. Some jewelers consider any jewelry of between 30 to 50 years old as vintage and anything from 50 to 80 or more years old as antique. In the world of antiques, however, only items that are 100 years old or more are considered antique.
So the differences can be subjective and dependent upon viewpoint. This should be clearly understood when it comes to buying antique jewelery of any sort. It is particularly important when buying antique cut loose diamonds and one should make every effort to try and establish the date the stones were cut.
Having said that, keep in mind that antique cut loose diamonds are subject to the same criteria as any other types of diamonds. The value of the diamonds is also dependent on the quality and weight of the diamonds.
The diamonds should be appraised to establish the weight and quality and should be done by an independent gemological laboratory. Many are listed in the links to the left.
The cut, color, clarity and carat weight as well as the age and, if possible, history, should be established as this is what will tell you the value of a diamond. Most antique diamonds are of good or fair quality with some being exceptional depending on when and where it was made. European antique diamond rings can be quite valuable in terms of the diamond. Antique cut loose diamonds may also have an antique value over and above the general value of the stones, especially if they are over 100 years old (The true definition of an antique).
Vintage or antique diamonds charm the romantic in all of us who treasures old world values and who are somewhat nostalgic for life in another time. Vintage and antique cuts can be elegant, and when the stones are set, often more decorative than contemporary designs, with intricate, filigree lacing and fine, detailed sculpting. Antique cut loose diamonds can be a treasure to hold and take pleasure in.
Wednesday, March 28th, 2007
Loose old European cut diamonds are a bit harder to find that the usual diamonds but they can be very nice.
The old European cut diamond is the direct descendant of the modern brilliant cut. It is the most common diamond you are likely to find in antique jewelry. Most of them tended to be lower cut grades, lower than G in fact, as the mines from which they originated did not produce very much in the way of colorless rough.
Old mine and old European cuts are sometimes recut as modern cuts in order to make them brighter but also old European cuts are often recut as modern brilliant to enhance the brilliance. Often old stones are remounted in new rings also.
Hence the importance of having a certificate with every stone to establish the authenticity, the grade and if possible the origin of the stone.
The cut of the stone is probably the most important as it establishes the brilliance of the stone.
Getting loose old European cut diamonds and having them reset is an excellent idea. If they are large enough and you can find a good quality cutter you can get them recut also to enhance the brilliance.
Old European cut diamonds are often found at estate and deceased auctions. Sotheby’s is a good source of old European cut diamonds.
As with any purchase of diamonds, always ensure that you checked the dealer for authenticity. Are they contactable by phone and have a fixed address. Do they offer a returns policy so you can claim a full refund if the stones are not as advertised.
Some common sense and due diligence also goes a long way when searching out any diamonds and especially when looking for loose old European cut diamonds
Tuesday, March 13th, 2007
Purchasing loose diamonds in Phoenix, Arizona is a bit like purchasing diamonds in London, or Paris, or New York or, in fact anywhere.
One should have certain criteria to follow to ensure that the diamonds one is buying are exactly what one wants and are genuine and suitable.
Firstly, the more familiar with diamonds you are the better. Understanding what diamonds are, how they are graded and what to look for is important. Being able to talk to the dealer or jeweler sensibly about diamonds is important. Comprehensive information is available on this website to give a thorough grounding in all aspects of diamonds. What to look for, what is required, who to buy from and what the differences are between good quality diamonds and poor quality ones are.
It is important to know exactly what you want in a diamond, the quality, size cut. What are you going to use it for? A ring, broach or pendant, for example. How many diamonds do you want? Having a clear idea in mind will help you to find the exact diamond(s) you want without wasting time with other diamonds or being sold something you don’t want!
Selecting a good dealer. Picking someone who knows about diamonds. This does not mean going to the mall to the jewelery chain and talking to a young girl there to sell the cut price diamond jewelery in a bright sparkly store. It might mean ferreting out the main diamond dealer in your area and approaching them to find the diamond you are seeking.
Patience and persistence is the key here! Also due diligence and some common sense will go a long way to you being able to acquire the diamond you want.
Price wise it is a good idea to pick a stone that is just under the half or full carat weight,. The price will be considerably less and the difference, in weight terms, is negligible. A diamond that is one point under a carat is still about a carat but can cost a few hundred dollars less than a full carat diamond.
So remember, if you are out purchasing loose diamonds in Phoenix, Arizona, you are doing exactly what thousands of other people are doing in every city of the world and how well you do will depend on how well you follow the tips above.
Monday, March 5th, 2007
Purchasing loose diamonds is probably one of the best ways of buying diamonds. The diamonds are easy to check and any flaws are not hidden by prongs, claws or the back of jewelry such as rings, broaches etc.
It is important to keep in mind a number of points when purchasing loose diamonds.
Firstly ensure that you select a good diamond dealer or jewelers. Places to purchase loose diamonds include, Antique Shops, Department Stores, independent jewelers, Specialist diamond dealers and cutters and lastly chain jewelry stores at the mall.
Of course one can also purchase from a private individual or at an auction, physical and online.
The main criteria here is to ensure that the seller is honest and, importantly, understands gems and diamonds and knows what they are talking about.
Whoever you buy from look for these following:
Is the seller easily contactable and available (especially applied with online purchases)
Can the seller answer all your questions intelligently and satisfactorily?
Does the seller offer a proper certificate of appraisal from one of the international an independent laboratories? See Laboratory List.
Do they accept credit cards? If the need arises it is far easier to get money back from a credit card purchase than a cash or check purchase.
Which brings up the point, does the seller have a returns policy? If not it is better to find one that does.
Knowing what you want in a diamond is very important. Having an idea of the size, quality and type is important so you do not get swayed in just purchasing the first ‘good deal’ you are offered. It may take you some time in your search to find the diamonds you are looking for but it will be worth it in the end as you will have exactly what you want.
Of course you should be sure you understand what you are looking for in a diamond. Do you understand the importance of the 4Cs? Can you pick out a good diamond from a poor one? Reading up on diamonds from the information contained on this site is a very good start. There is a wealth of information here to cover all aspects of diamond hunting!
Much will depend on your budget of course.
A good tip is to buy at just under half and full carat weights. The difference in price can surprise you and the difference in weight is fractions of a gram, hardly discernible to most people. But the difference in price can amount to several hundred dollars if not more.
The above points will go a long way to purchasing loose diamonds that are not too expensive but are of excellent value and will give years of satisfactory service.
Tuesday, February 27th, 2007
Various loose diamonds are available from many diamond dealers online but it is important to ensure you know exactly what you are getting when selecting any loose diamonds online.
Loose diamonds are undoubtedly the best way of buying diamonds as it is possible to have them properly appraised. Diamonds that are set in jewelery may have hidden flaws and inclusions not seen but covered up and which will lower the value of the diamond.
Getting a loose diamond properly appraised or having one that comes with a certificate of appraisal or grading from a gemological laboratory is most important in finding out what the diamond is truly worth.
Possibly one can get a variety of loose diamonds from a physical auction. One that you actually attend such as Sotheby’s. Such diamonds would usually come with a certificate from a gem lab anyway.
Online auctions are a different matter. It is really not possible to inspect the diamonds and although it might be stated they are of a certain grade, there is no guarantee of the quality of a diamond sold this way. If a genuine certificate is stated to accompany any diamond so sold then ask for a copy of the certificate or for one to be posted so it can be read.
It pays to know the value of diamonds and the price of diamonds. Check out the information in this site about the qualities of diamonds such as the 4cs grading, charts etc.
There is a heap of information about diamonds here and how you can buy diamonds and also sell them.
A bit of due diligence and common sense goes a long way when it comes to various loose diamonds!
More on diamonds here
Sunday, February 18th, 2007
The value of loose diamonds is much easier to find out than diamonds which have been set into jewelery. It is possible to send loose diamonds to a gemological laboratory such as GIA, for example, and have them graded properly.
A diamond already set into a ring, may have inclusions or flaws hidden by the prongs or claws which hold the diamond in place or the back may be sealed making it difficult to properly subject the diamond to laboratory analysis. To do a proper analysis the diamond would need to be removed from the setting in this case.
If you are looking for a diamond of a specific type and quality then it is far better to look for loose diamonds and then have them set into the jewelery you wish after the grading and value of them has been established.
Firstly establish what sort and type of diamonds you want. Are they for a ring? Or a broach or some other piece of jewelery? What size do you want. And what quality of clarify and color would you like? This will all depend on your budget of course. The marketing by De Beers has been successful in establishing that 2 months salary is ideal for the cost of a diamond engagement ring. However this is simply a marketing ploy and your person budget will decide what you can and cannot afford.
It is a good idea to be very familiar with the types of diamonds, the weights, color and clarity available and what each is worth. There is no substitute for some learning, due diligence and a little common sense.
Provided the above is kept in mind the value of loose diamonds will not be quite as mysterious as it may have been before and it will be quite possible to locate and buy some excellent loose diamonds.
More on diamonds here
Friday, February 16th, 2007
Singapore loose diamonds really relates to diamonds sold in Singapore or by Singaporean diamond companies.
Possibly the impression is that by buying loose diamonds from Singapore it will be cheaper than buying in the States or elsewhere.
In fact, regardless of where one buys diamonds, the criteria for buying diamonds remain the same. This applies to buying diamonds in the US, UK, Asia or even down under in Australia (one of the biggest diamond producers in the world incidentally).
The prime criteria are to:
Understand something about diamonds and how they are graded. This can be achieved by a good patient study of this website.
Know what sort of diamond or diamonds you want and specifically what for, A diamond ring perhaps or a broach for example.
Knowing that buying loose diamonds is better than diamonds that have been set in jewelry since they are much easier to check for flaws and the condition of the diamond.
Know from whom you are buying, especially when buying on line. Ensuring that the full details about each diamond is fully outlined and that each diamond comes with a proper GIA or EGL certificate outlining the qualities of the diamond.
Paying by credit card rather than cash so in the event you discover the diamond is not as described, you can return it and ensure you get your funds back.
Probably the most important of all is to know and understand diamonds. One does not buy a car sight unseen and neither should one buy diamonds sight unseen.
Just plain common sense, some due diligence and a little patience always brings it’s own rewards when it comes to buying diamonds and this applies to Singapore loose diamonds just as much as any other diamonds.