It may appear that buying a diamond is a difficult task, but it does not have to be. The problem with diamonds is primarily your lack of understanding of them, the high cost of the purchase, and, most importantly, the commitment and symbolism of what a diamond purchase entails. The difficult part is over now that you’ve decided to buy a diamond. Buying a diamond necessitates some research and deliberation.
Buying a diamond takes some forethought. You’ll be able to find the perfect diamond in no time if you follow these easy steps.
What makes us your trusted partner
With over 40 years of expertise, Diamond Registry’s CEO and owner, Nissan Perla, is your trusted guide in the diamond-buying world. Recognized by prestigious publications like The Washington Post and Chicago Tribune, Nissan’s extensive knowledge and experience in evaluating, buying, and selling diamonds are unparalleled. Our commitment to integrity, transparency, and delivering exceptional value ensures that you make an informed decision when acquiring your timeless treasure. Choose Diamond Registry for personalized guidance, education, and a curated selection of the finest quality diamonds, backed by decades of industry expertise and dedication to your satisfaction.
- Set a budget: Setting a budget and never exceeding it are the most important aspects of buyinging a diamond. Diamonds are a symbol of dedication rather than a measure of financial capability. It’s crucial not to lose sight of this, and to never force yourself to spend more than you can afford. You never want your engagement story to include regret, either now or in the future. Do high-level preliminary research on the average diamond engagement ring purchase price in order to set a budget. Check to see if it’s above or below where you’d like to be. Check out what you can get by increasing or decreasing your carat value. You must first establish a preliminary baseline against which you can budget and properly set your budget. Otherwise, you’ll find yourself constantly changing your budget, which will be inconvenient. If you’re on a tight budget, lab-created diamonds are an excellent option. Chemically, physically, and optically, lab-grown diamonds are identical to natural diamonds.
- Timing: Allow for a month, plus or minus a couple of weeks. You are not expected to become a diamond expert, and diamonds are a commodity that you purchase on a regular basis. As a result, don’t obsess over them by spending months researching every detail; you’ll go insane. Furthermore, waiting too long may cause you to second-guess your decision, causing you to postpone your proposal longer than necessary. It’s best to buy a diamond while your research is still fresh in your mind and you’re not learning about diamonds on a weekly basis. Many of the things you learned early on, which are often the most important aspects of diamond research, are likely to be forgotten. Also, allow yourself some time. Also, allow yourself some time. Unless you buy a ready-made ring, a ring takes about 2 weeks to make. Don’t overwork yourself by cutting it too close.
- Shape first: The shape of the diamond is the first and most obvious consideration. The round brilliant cut is the most popular. If you know she or he prefers a different shape, however, go in that direction. It’s never a good idea to choose between multiple shapes at the same time because the styles, prices, and factors to consider are all so different. The diamond’s shape will truly set the tone for style and appearance. Because some rings are only compatible with specific shapes, we recommend double-checking first.
- The 4 Cs: You’ll need to read up on the 4 C’s and beyond the 4 C’s once your shape is finalized. The most visible characteristics of a diamond are its carat, cut, color, and clarity. As a result, they are given the greatest weight. They are also the factors that determine the price of a diamond. You won’t be grading a diamond and you won’t need to be an expert. You simply need to comprehend them sufficiently to make an informed decision about which diamond to purchase. Consider the 4 C’s as levers in understanding the relationship between the 4 C’s and the price of a diamond. Unfortunately, you can’t have it all when it comes to diamonds. Carat is typically the left-hand lever, while Cut, Color, and Clarity are the right-hand levers. If you raise the carat lever, you may need to lower the other C levers (or vice versa) to make the diamond fit your budget. You’ll eventually find the right balance by pulling the levers up and down, which will lead you to selecting a diamond. However, keep in mind that these are extremely sensitive levers, which means that even minor changes in diamond characteristics can result in significant price changes.
- Choosing the Best One: Finally, once you’ve figured out the best combination of diamond characteristics for you, you’ll probably notice that you still have a few options. So, what’s next? Don’t always choose the cheapest option. Diamond suppliers are well-versed in their stock. Diamonds are priced in a specific way for a reason. There’s a reason if the price appears to be too good to be true. Consider comparing features such as fluorescence, measurements (length to width ratio), table, depth, polish, and symmetry in addition to the 4 Cs. These elements will assist you. Beyond that, we strongly advise consulting a gemologist, preferably one who has graduated from a GIA-accredited institution.