The price of a preset diamond
ring at a jewelry shop consists of the setting of the ring, the cost involved
in shaping the diamond, and the seller’s profit. Rather than buying an
expensive preset diamond the less expensive option is buying a loose diamond
and giving it the shape that one wishes.
Once diamonds are mined and
extracted, they are polished and cut by skilled workers and then sent to buyers
worldwide. These diamonds are known as ‘loose diamonds’ as they are neither
pre-set nor customized before they are sold to buyers.
Loose diamonds should be
certified by the GIA (Gemological Institute of America). This certification is
based on four factors which are the ‘4 Cs’. These 4Cs are – Cut, Color, Clarity
and Carat. Loose diamonds are tested at GIA’s laboratories to check their
authenticity. The 4Cs help in determining the purity of a loose diamond. A
genuine diamond should have an ideal cut, clarity, carat weight and color. If a
diamond fails to meet these criteria, it will not be certified by GIA. GIA’s diamond-grading
reports should be evaluated to ascertain the genuineness of diamonds.
Generally, GIA certified loose diamonds are pricier than
other diamonds because of their tried and tested purity and genuineness.
It may seem unsafe, but in
reality, online stores are the perfect places to buy loose diamonds. Prior to
placing an order thorough research on the different types of loose diamonds
online should be conducted for one’s own knowledge and education with regard to
the GIA certification. It’s a well-known fact that investing in a diamond is
hefty. Therefore cautiousness about where one buys them from is essential.
Buying loose diamonds from stores that offer a genuine return policy would be
prudent.
Given the fact that they are a
rarity and expensive, diamonds are definitely a sound investment that one could
make. This is the reason behind people preferring to buy GIA certified
loose diamonds and other precious gemstones to improve their financial
security even further. While currencies and economies would continually
dwindle, a diamond however would remain priceless forever.
Loose diamond can be customized
into jewelry. All that needs to be done is to have a reputed jeweler custom
design the jewelry to suit one’s needs. It saves a lot of money which otherwise
may have been spent on a pre-set diamond ring or a diamond necklace.
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