Top 6 Secrets from Jewelers: Save Big on Diamonds
Top 6 Secrets from Jewelers: Save Big on Diamonds
Buying a diamond can be an exhilarating yet daunting process. Whether it’s an engagement ring, a gift, or a personal treat, the investment is significant. Fortunately, there are insider secrets that jewelers rarely share, that can help you save big and make a savvy purchase. We've compiled the top six tips direct from industry insiders.
1. Consider Slightly Less Than Whole Carat Sizes
There is a hefty price increase at whole and half-carat weights because these are what consumers most often request. However, choosing a diamond that is just shy of these common weights (e.g., 0.9 instead of 1 carat) can save a considerable amount. Visually, the difference is minimal, but the cost savings can be significant.
2. Opt For a Lower Clarity That Still Appears Flawless
Diamonds are graded for clarity, with the scale ranging from flawless (FL) to included (I). Rather than opting for a higher and more expensive clarity grade, choose a lower clarity diamond that appears clean to the naked eye. For instance, an SI1 or SI2 diamond might have inclusions, but they are invisible without magnification, offering excellent value for money.
3. Go for Shallow or Deep Cut Diamonds – With Caution
While ideal cut diamonds exhibit maximum brilliance, they also come with a higher price tag. Slightly shallow or deep cut diamonds can cost less, as long as the cut does not significantly impact the stone's beauty. It's crucial to see the diamond in person or request high-quality photos to ensure it still sparkles to your satisfaction.
4. Consider Alternative Diamond Shapes
Round diamonds are the most popular and, consequently, the most expensive shape. By opting for an alternative shape, like oval, marquise, or pear, you can save up to 30%. These shapes can also appear larger than round diamonds of the same carat weight, offering additional value.
5. Look For Vintage or Estate Diamonds
Vintage or estate diamonds can offer exceptional value. Not only do they often come with lower price tags, but they also have the added allure of history and uniqueness. Plus, buying vintage is an eco-friendly option, appealing to those concerned about the environmental impact of new diamond mining.
6. Shop Around and Negotiate
Finally, don’t settle on the first diamond you see. Shop around, compare prices, and don’t be afraid to negotiate. Many jewelers have a significant markup on diamonds and are willing to lower the price, especially if you are informed and know what comparable diamonds are selling for.
Armed with these secrets from within the jewelry industry, you're now equipped to make a more informed and economical diamond purchase. Remember, the most important factor is that the diamond meets your personal preferences and budget, ensuring a happy and satisfying investment.