I always consider buying diamond is basically moving money into another assets class hence it’s most important to buy authentic diamond in the best market price. Either you buying loose diamond, diamond ornament/jewelry, buying online or from the shop it’s always a difficult decision that what price should I pay for diamond and how can I make sure that I get the best buy.
i. Clarity: Clarity is the most important factor of choosing diamond. Higher the clarity better the future value of diamond will give. From high to low ranking of clarify measured as - FL, IF, VVS (VVS1,VVS2), VS(VS1, VS2),SI(SI1, SI2) and I (I1,I2,I3).
ii.Color : 2nd Most important factor to observed. Although nature creates diamonds in various colors such as white, pink. yellow, black and many others. Out of all these color white is the most popular colors, which further divided into subcategory of color starting from D,E,F......until Z. D mean the whitest color and the most expensive as well.
iii. Cut : 3rd Most important factor. Cut provide you the information about diamond shape. Diamond comes in many shapes. Round or Rose cut diamond are usually the most expensive and the most common shape used in ornaments.
iv. Carat: Carat represents the weight of diamond.
Sample IGI Report :
In this article I am giving 3 important tips which I believe will help buyer to take better decision.
Step-1
Always buy certified diamonds or diamond jewelry from reputed institution like GIA, IGI, EGL and GCI.These agencies provide diamond grading and certifications services. These institution perform quality test and provide “Certificate of Authenticity” of real diamond. Almost all institutions provides 4C information about diamond in the certificate.
i. Clarity: Clarity is the most important factor of choosing diamond. Higher the clarity better the future value of diamond will give. From high to low ranking of clarify measured as - FL, IF, VVS (VVS1,VVS2), VS(VS1, VS2),SI(SI1, SI2) and I (I1,I2,I3).
ii.Color : 2nd Most important factor to observed. Although nature creates diamonds in various colors such as white, pink. yellow, black and many others. Out of all these color white is the most popular colors, which further divided into subcategory of color starting from D,E,F......until Z. D mean the whitest color and the most expensive as well.
iii. Cut : 3rd Most important factor. Cut provide you the information about diamond shape. Diamond comes in many shapes. Round or Rose cut diamond are usually the most expensive and the most common shape used in ornaments.
iv. Carat: Carat represents the weight of diamond.
Sample IGI Report :
Step-2
Check the diamond prices in latest RAPAPORT. Rapaport is the international standard for diamond prices. Rapaport gives you the information you need to succeed. Rapaport published every month hence always used the update Rapaport.
Sample Rapaport :
Always buy from registered company at least older than 1 Year and must have good track record. If you are frequent trader then suggest buying membership from RapNet, the world’s largest diamond trading network with daily diamond listings of 525,000 diamonds valued at over $4.12 billion.
If you further question please leave your comments and I will provide more details to best of my knowledge.