How To Buy A Diamond Engagement Ring
The time has come when you need to know how to buy a diamond; it may be to celebrate an engagement, anniversary or even a birth! In any case it is a big purchase.
We can talk to you for hours about diamonds, but unlike us, you may not be diamond nerds. So here are a few things we would recommend, when the time comes to buy your diamond ring.
Always set your self a budget, so that you know how much you want, and can spend, (make sure you take into consideration finance plans). For engagement rings the norm suggestion is of two monthly salaries. All other occasions have no recommendations; just spend what you feel most comfortable with.
The Five C’s
Once you have this in mind, your best guide is the Five C’s. That is not a typo, when we say Five C’s we are including your diamond certificate, which will determine the other Four C’s. Your diamond certificate is a valuable tool when you buy a diamond ring. It tells you what you are buying, from an independent point of view, not that of the person wanting to sell the diamond to you. Some of the most recognized diamond laboratories in the world are GIA, HRD, IGI, ANCHOR, AGS, and Gem A. They are established and respected institutions, dedicated to disclosing exactly what your diamond is.
You may have heard of the infamous Four C’s, they stand for: clarity, cut, carat and colour. They will determine the value of a diamond, which is why a certificate is so useful. A large, good clarity, high colour, bright diamond, (you may imagine), will cost a substantial amount of money. Before we get ahead of ourselves let us tell you more about the Four C’s.
A diamond carat weight states how much your diamond weighs. 1 carat, (or ct), is equal to 0.2 grams. Sounds small, but it is very important, just a slight weight difference can make a substantial price jump.
The diamond clarity is determined by the amount, or lack of blemishes, in a diamond. Translation: No diamond is perfect. However; those cleanest are not only rare but extremely desirable, and therefore more expensive.
The diamond colour takes into account that, not all diamonds are colourless, but those that are would be extremely coveted. GIA developed a grading scale, to determine the amount of noticeable colour. It ranges from D (colourless), to Z (lightly coloured). Like all diamond criteria, the better the colour, (closest to D), the higher the value.
The diamond cut states one of two things, either the cut shape of the diamond, which will not affect the value, or the polish and symmetry of a diamond. The latter determines how the proportions, angles, and finish, affect the brightness or sparkle of a diamond. A well cut diamond, and bright diamond will obviously be more desirable, than a non sparkling diamond. Don’t you think?
We hope that how to buy a diamond is clearer for you now. Remember that all four C’s have impact on the price of your diamond ring. If you compromise in one or more of the four C’s, it may rebalance on another, for example: if you consider a slightly lower diamond clarity, and diamond colour, you could possibly buy a larger diamond ring for the same money. On the other hand if you prefer to have a higher diamond colour and diamond clarity, you may opt for a smaller diamond. Everything is relative to your preference, and whatever you feel most comfortable with.