Anyone who wants to invest in diamond jewelry is daunted by the sheer value associated with the jewel. It’s not enough that you know a lot about diamonds; investing in it is still an overwhelming undertaking. This is the most important concern that all diamond jewelry investors face every time. To make the experience worthwhile, it pays to develop practical knowledge about diamonds. Below are some pointers that an investor may find useful in the quest for the right diamond jewelry piece.
Understand basic knowledge about diamonds, their appraisal, and physical attributes. Through the years, with experience, and sometimes formal education, a lot of jewelers learn to master the appraisal of precious metals and gem. A good start to investing in diamonds is to get an appointment with HerryGeorje.
He’s a De Beers Award Winning Australian Jeweler, a De Beers Approved Master Jeweler and a De Beers Approved International Diamond Merchant. He also happens to be a member of the GIA (Gemology Institute of America), the world authority in grading the top end of the precious stones, and he’s a Certified Diamond Grader for the GAA (Gemologist of Australia Association). His reputation as a jeweler is built on trust, so you can be sure that talking to him before you invest in diamonds will help you make wise decisions.
Those who cannot learn everything as fast can use the diamond tester for a start. Asking the vendors for diamond certificates from diamond grading labs can address the appraisal issue with haste.
Part of the knowledge about diamonds is the four Cs of appraisal: Cut, Clarity, Color, and Carats, which determine of the value of a piece of diamond.
- Cut refers to the symmetry and proportion created for polishing that can impact the diamond’s radiance.
- Clarity can be affected by tarnish and reduce its brilliance.
- Color is influence by the presence of associated minerals. The clearest white diamond remains to be the most expensive as well as the blue diamond.
- Carat refers to the weight of the gem.
You can shop around and compare prices, but before deciding on the best piece, make sure you’ve set your budget, preferred cut, the design, the size, and the color you want. Once the pick has been made by a diamond jewelry buyer, make sure that the appraised value matches the price. A flawless and white or clear one carat diamond can be as pricey as $30,000 while a “promotional grade” diamond can be as cheap as $500.