Home Buying Guides Why you should start buying loose diamonds online

Why you should start buying loose diamonds online

by Jajce d Muckic

A loose diamond is, by definition, a diamond that was cut and polished. Rough diamond that came out of a mine is treated so that it would become a loose diamond ready for sale and to be mounted on a piece of jewelry. Loose diamonds are used for all sorts of jewelry pieces from earrings, necklaces, and rings to headpieces and tiaras. Some choose to simply keep loose diamonds in a safe place for investment purposes rather than using them to make jewelry. Loose diamonds are easy to inspect unlike mounted ones. The inspection includes checking the weight of the diamond as well as it’s dimensions, depth, color, and clarity.

If you know what to look for, buying loose diamonds online can be a pleasant and effortless process. People are usually buying them as gifts or for investment purposes. By buying a loose diamond instead of the diamond jewelry you get to be creative and choose what will happen to the diamond.

Img source: azzijewelers.com

You can design your own piece of jewelry and mount the diamond on it. On the other hand, it’s a lot cheaper. You’re going to get a loose diamond directly from the cutter in which case you’re completely bypassing the middleman or the jeweler. Jewelry is significantly more expensive as you’re getting a finished ring or a necklace that is ready for use. Furthermore, jewelers can make around 50-200% profit on each piece they sell.

Buying online vs offline

If there is one thing you need to know about buying loose diamonds online, or offline for that matter, it’s that you need to buy a diamond that is certified. According to this website, the diamond industry has changed a lot during the last twenty years. It seems that online competition has experienced significant growth and more transparency has been brought into this industry. While in the past you had to trust your local seller to provide you the best product and the best price, now you can easily do your research online and check numerous other dealers. This will enable you to find out what the competitive price is and be sure that you are indeed getting a good deal.
It is of utmost importance that you check if the diamond you’re buying is certified by GIA, or Gemological Institute of America. As long as the diamond is certified, you have nothing to worry about and can rest assured that what you’re getting is, in fact, what is promised to you.

Img source: medium.com

Online, you can, in just a couple of hours, explore the majority of the market and find the diamond that you like the best and get it for a good price. You can choose between many different shapes, colors, and sizes. There is a grading system that will tell you what you need to know about the clarity of the diamond, it’s color, and fluorescence. Clarity of the diamond can range between FL – Flawless, for the highest clarity, and I3 – Included 3 for the lowest clarity.
By doing your research and knowing what you’re looking for, you can easily purchase a beautiful, sparkling loose diamond online and be sure that you made the right decision.