A lot of people purchasing diamonds for the first time often make mistakes. Some even continue making the same mistakes because there is no one to guide them. It is better to avoid some common mistakes people make while purchasing diamonds and ensure a better quality of diamond and a satisfactory purchase! Read on.
Considering only colour and clarity
Colour and clarity are important factors when it comes to purchasing diamonds. Of course, purely white diamonds with intense clarity are considered to be the better stone. However, these are not the only factors determining the quality, and hence, the price of a diamond. Inherent flaws in the diamond might affect the quality. The cut can also affect the quality of the diamond by as much as 50%. A diamond should be judged overall by taking multiple factors into account, and not just the colour and clarity.
Jumping at bargains
Diamonds are not a product that is affordable to everyone. Some people might prefer to save money by jumping at bargains, namely diamonds with flaws, just so they could own a diamond. While this might fulfil some deep desire, especially if you cannot afford to purchase a high quality diamond, this is not good practice. Bargain diamonds bring no actual value and you might have ended up shelling out a lot of money for an inferior product.
Considering a diamond as just another purchase
Some people prefer to purchase a diamond like they do any other products like shoes and bags. This is a mistake because purchasing a diamond should be more like purchasing property or a vehicle. It is an investment that should provide dividends. It should also have a good resale value if and when you ever want to sell it should you wish to divest or upgrade it. Take the time to research fully and understand what you want before buying a diamond.
Not taking professional guidance
There are many factors in determining the quality of a diamond. In addition, there are your own preferences with regard to the outward look of the diamond, its size, and its suitability for being set into a particular piece of jewellery. Taking all these into account when making a purchase can quickly overwhelm you with an overload of information.
Purchasing non-certified loose diamonds
If a diamond is not certified from a renowned laboratory, then it means that its quality cannot be genuinely verified. It also means that the diamond can be valued at a lower rate than what you paid for it at the time of purchase. To avoid all these problems, either buy an already certified diamond or get them certified as soon as you decide on a specific stone. The long-term value provided by certification is well worth the extra fee.
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