Buying Diamonds Online

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With all of the potential for scams concerning diamonds, buying diamonds online almost seems unthinkable! However, you actually can purchase diamonds online, without any problems – as long as you are careful.

First, think about your reasons for wanting to purchase the diamond online, as opposed to making a purchase from a local jewelry store. The most common reason is price. Due to low overhead costs, online jewelers and wholesalers are able to offer lower prices. However, you must be careful – sometimes a price that is too low is a sure indication of a scam.

One of the best things about purchasing online is the unlimited selection. When shopping offline, you are limited to the selection in the stores in your general area. Online, there are no limits. But again, you must use a great deal of care and consideration before handing your money over to someone that you cannot see and have never met!

Before shopping, learn as much as you can about diamonds – especially cut, color, clarity and carat weights. When you are knowledgeable about diamonds, it will be harder for a con artist to rip you off. Once you know more about diamonds, you will be ready to start shopping.

Take your time. Don’t purchase the first diamond that you see that interests you. Instead, look for similar diamonds for sale. Do some comparison shopping to find the lowest prices. Once you have found the lowest price, start doing your investigation. You know about diamonds, you’ve found a diamond that you love, and you’ve found the lowest price – but you are still quite a ways away from actually purchasing that diamond!

Ask about the seller’s credentials, such as professional jewelry associations that they belong to. View and print the seller’s return, refund, and upgrade policies. Also inquire about additional services, such as settings and mountings, sizing, and free shipping. Do a search for customer reviews on this particular company around the Internet. Also check with the BBB Online to see if there have been any complaints.

Ask for a diamond grading report from an independent laboratory such as GIA, HRD, EGL or AGS. You should see this before making a purchase. Finally, use a reputable escrow service for high dollar diamonds – preferably one that will have the diamond appraised while it is in their possession. The seller sends the diamond to the escrow service, and you send the money to pay for the diamond to the escrow service. The escrow service has the diamond appraised, sends the diamond to you, and sends the money to the seller. This is the surest way to protect yourself…again, make sure that you use a reputable escrow service!

How Diamonds Made

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Diamonds form between 75-120 miles below the earth's surface. According to geologists the first delivery of diamonds was somewhere around 2.5 billion years ago and the most recent was 45 million years ago. The carbon that makes diamonds comes from the melting of pre-existing rocks in the Earth's upper mantle. There is an abundance of carbon atoms in the mantle. Temperature changes in the upper mantle forces the carbon atoms to go deeper where it melts and finally becomes new rock, when the temperature reduces. If other conditions like pressure and chemistry is right then the carbon atoms in the melting crystal rock bond to build diamond crystals.

There is no guarantee that these carbon atoms will turn into diamonds. If the temperature rises or the pressure drops then the diamond crystals may melt partially or totally dissolve. Even if they do form, it takes thousand of years for those diamonds to come anywhere near the surface.

It takes millions of years to make a diamond. When you own a diamond, you own something which is a legend in the making. It has not been made in a factory just the other day. A diamond comes from the bosom of the earth. More interestingly not all the diamonds mined are made into jewelry. Only one fourth of the diamonds that are mined are made into jewelry. Every 100 tons of mud produces one carat of a diamond. And this one carat is not one stone! It could be anything from 0.005 ct to 1 ct. because much of the original stone is cut away in the process of cutting, shaping and polishing the diamond.

Diamonds come in different rough shapes. The next time you look at your diamond, think about the amount of time, energy and resources have gone into making that one.

Diamond Carat

What is Diamond Carat Weight?

When shopping for a diamond, you've no doubt heard references to the 4 C's of diamonds. Diamond carat is one of those popular ”c's” to consider when evaluating a diamond, and it's a term used to describe how much the diamond weighs. A single diamond carat is equal to the weight of 200 milligrams, or .2 grams.

Diamonds are described two different ways in regards to the diamond carat. An abbreviation of “ct” is used to describe the weight of a single diamond stone while an abbreviation of “ct TW” is used when describing the total weight of an entire piece of jewelry- when it has more than one stone in place.

It's important to recognize that two stones may have the exact same carats, meaning they have the same weight measurement, and yet they are completely different in size and appearance. This is due to the actual density of the gemstone. The more dense a stone is, the more weight they have, and sometimes a smaller stone will actually weigh more than a larger stone because of density.

The Value of the Diamond is Effected by it's Weight

When selecting your diamond ring, you can choose between a single, solitaire style setting (a single diamond on the ring) and a setting that has multiple, smaller stones to make up the ring. The value of a solitaire one diamond carat will actually be more than if you buy a ring that has two diamonds that add up to one carat or greater. Larger sized diamonds are more rarely found when mining diamonds, making them more valuable and expensive than purchasing the same amount of diamond carats in smaller stones.

Selecting Diamond Carat

So how do you determine what size diamond to buy? Do you want a diamond carat of 1, or 2, or do you want a ring with multiple, smaller stones? The answer to this will depend greatly on your budget, as well as the person who will be wearing the ring.

A diamond will look larger on a slender finger, so keep that in mind if the recipient of the ring has thin hands. The actual diamond carat measurement is probably not as much of a concern as the appearance, shape, and setting of the ring. Particularly because a 1 carat diamond ring will not look half the size of a 2 diamond carat ring, it's far more important to select a ring that is pleasing to look at than it is to buy one with the most carats you can afford.

Determine how much money you have to spend, and then decide on the cut of the diamond. Once you have these two pieces of information narrowed down, you can start browsing the diamonds in your price range, in the style you want, and find out what diamond carat you are in the market to buy.

Diamond Cost

How Diamond Cost is Determined

If you are in the market to purchase a diamond, you'll be learning all about the 4 C's of diamonds; cut, color, clarity and carat. But in the mind of the average buyer, there is a fifth “c” that just may be the most important of all them: the diamond cost.

The actual price of a diamond is determined by a grading system that takes into account the cut of the diamond, the color, the clarity and the number of carats. There is a non profit organization called the Gemological Institute of America (GIA) that has devised the official grading system of diamonds, and because of that system, a diamond that is of more carats may cost less than a smaller diamond if the larger diamond has inferior cut, clarity or color ratings. Cost is also determined by the retailer.

Buying Diamonds Online

The internet provides a wealth of information on diamonds, educating buyers on the value of diamonds based on size, shape and clarity and luckily, diamond cost is regulated by industry guidelines. This means you can shop for your diamond gem stones online with as much confidence as you would shopping for jewelry at your local retailer, especially if you take the time to become knowledgeable about diamond cost before beginning your search for the perfect stone.

Guide to Diamond Cost

Every jeweler sets their own prices on their gem stones, rings, necklaces and other items. When dealing with diamond cost, it also depends on the shape of the diamond. A ”round brilliant” shape will tend to cost more than an ”emerald” shape even when they are the same quality and the same size.

If you have a minimal budget, such as $500 or less, you can expect to find a diamond with a carat weight between .15 and .25, set in a 10-14k gold. If you're in the market for a diamond cost of $500 to $750, you can expect to be able to purchase one between .20 and .37 carats. If you are looking for a 1 carat diamond, you should expect your diamond cost to range between $2000 and $3500.

Get the Most Diamond for Your Money

When you are researching diamond cost, there are many more factors to consider than just the size of the diamond. Remember that the shape (cut) of the diamond will greatly effect the diamond cost, as well as the clarity of the diamond. You can get multiple, smaller diamonds for less cost than you can a single, larger diamond due to the rarity of mining a larger sized diamond. Sometimes a diamond will be beautiful to the naked eye, and have a reasonable diamond cost- but it may have a lower rating for quality or tone given by the GIA. When you are shopping for your diamond, you'll need to decide what is more important to you; the diamond cost, the size of the diamond, the quality (the rating as given by the GIA), or how it looks when it's worn!