How To Save Money When Buying A Diamond

March 28, 2021

There is no doubt that a diamond is a big purchase, but that does not mean you have to break the bank to get the brilliant sparkling diamond you want, whether it is for you or for someone else. Most of the time, a big diamond purchase is for an engagement ring and naturally, you want the perfect option, both in appearance and size. There are lots of ways to save money and still the beautiful gem you want. Check out these tips:

Understand How Diamonds Are Valued

Diamonds get their value based on the 4 Cs — cut, color, clarity, and carat weight. The more brilliant, large, and colorless a diamond is, the more it will cost. The cut of the diamond also influences the total price. Learning how diamonds are graded and what gives them the most value can help you choose the right one, at a price you can afford. The Pricescope diamond price calculator can help.

Forget About Perfect

The “perfect” diamond is going to be very expensive. If you can let go of needing to have the ideal diamond, you can save quite a bit of money. Remember, an engagement ring is a symbol of your love, so it is fine to choose something that matches the bride’s personality, even if it is not the grand diamond you might envision. Shop around and chances are that you will find the perfect diamond for you, at a much lower cost.

Pay Attention To Cut

You can compromise on size, but you should pay close attention to cut. The way a diamond is cut, including a smaller carat weight gem, influences the way it catches the light and a symmetrical diamond will look better when it is placed in the setting you choose. A diamond that is cut well will sparkle, even if it is not as large as you had hoped to find. That can make up for the smaller size, because there will be brilliance that will make the stone shine and sparkle.

Consider The Color

Shop Around

One of the best ways to find a diamond at a price you can afford is to shop around. Do not buy the first one that comes along. Look at loose diamonds, as well as those already in a setting. Chances are that if you look around a bit, you can find the perfect stone for the bride without going broke in the process.

Saving money on a diamond is always great, but be sure that whichever one you choose has been examined and graded by the experts, either at the Gemology Institute of America or the American Gemological Society.

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Andi Perullo de Ledesma

I am Andi Perullo de Ledesma, a Chinese Medicine Doctor and Travel Photojournalist in Charlotte, NC. I am also wife to Lucas and mother to Joaquín. Follow us as we explore life and the world one beautiful adventure at a time.

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