Picking a high quality diamond requires you to do some research, establish a budget and shop around for the perfect diamond. Purchasing a diamond can be expensive, which is why you need to carefully consider your options. Here is what you need to know about diamonds before you purchase one.
1. Select the right cut
There are ten different diamond shapes or cuts you will find in jewelry stores. Round and princess cuts are by far the most popular diamonds. Round cuts are a great option because this shape perfectly reflects light and works with many styles of jewelry.
Princess cut is another popular option, especially for engagement rings. This cut is popular because it works with a wide range of styles for the setting of the ring. Oval, marquise and pear shaped diamonds are options you should consider if you want something more original.
If you are looking for something with a square shape, emerald, Asscher or radiant cuts are good options. You will also find heart shaped diamonds, which are a perfect choice for a romantic gift.
2. Pay attention to Clarity and color
Clarity and color are not as important as other factors when choosing a diamond, but you need to understand what these things refer to if you are going to purchase a diamond.
The clarity of a diamond refers to the visual appearance of a diamond and the presence of flaws in the diamond. You can sometimes notice some blemishes on the surface of the diamond or some lines or clouds on the inside. A quality diamond should have no flaws visible to the naked eye.
Some large cracks or clouds present inside could lead to some quality issues but most small inclusions are not a problem as long as they are not too noticeable. The color of a diamond refers to its whiteness. A colorless diamond is graded as D, E or F and will be more expensive.
You can get a good value by settling for a near-colorless diamond graded G or H. An I or J diamond has color that can be noticed when compared to other diamonds, but these are a good option if you are on a budget.
3. Choose a carat size
The carat size of a diamond is an important element to consider since it impacts the price of the gem. The carat size of a diamond refers to the size of the gem. Larger diamonds are rarer and more expensive.
Most engagement rings come with a 1.0 carat diamond but you can decide to go higher if you want something that is more noticeable. A 1.00 carat diamond with a round cut has a diameter of approximately 6.5 mm while a 2.0 carat diamond with the same cut has a diameter of 8.2 mm. These measurements can vary if a diamond has a deeper cut but you should try finding a diamond that is as close to these measurements as possible since they indicate that the cut will reflect more light.
If you are on a budget, look for a diamond that is just under 1.0 carat since these gems are usually more affordable and the size will be close to what most engagement rings look like.
4. Choose a diamond within your price range
It is important to establish a budget when shopping for a gem. You should also have a carat weight and a cut in mind to make shopping easier. If you cannot find a diamond you like in your price range, look for ways to get a little more for your money.
You can for instance choose a diamond that is just under a popular carat weight since these gems can be harder to sell and are usually available at a slightly discounted price. Choosing a diamond with a few flaws that do not affect its structural integrity and that can be easily hidden by the ring setting is another good way to get more for your money.
And if you still can’t find anything in your price range, consider purchasing a diamond with a lower clarity and color grade as long as the difference in quality is not obvious.
5. Have the diamond appraised
Assessing the quality of a diamond is not easy, especially if you have never seen one before. The best way to make sure you are getting a good value for your money is to look at the appraisal papers that come with the diamond you want to purchase.
You should not purchase a diamond that doesn’t come with appraisal papers and make sure the appraisal was done by the EGL or the GIA. If a jeweler tries selling you a diamond that hasn’t been appraised, ask them to have it appraised so you can be sure of the diamond’s real value.