Diamond Buying Tips, advice

The Spark of Confidence

Diamond Buying Tips

You may experience uncertainty when purchasing a diamond, particularly an engagement diamond. This is not unjustified with the increased incidence of treated diamonds, synthetic diamonds and diamond simulants, no to mention incorrectly certified or graded diamonds.

Some Quick Tips:

  • Buy from a reputable jeweller. A reputable jeweller sells with genuine diamond grading certificates.
  • Buy with a diamond grading certificate from an independent and recognised diamond grading laboratory. This ensures you have a natural, untreated diamond that has been graded accurately. DCLA is the only independent and internationally recognised laboratory in Australia.
  • Note that a “valuation” or “appraisal” is NOT a certificate.
  • Read the certificate carefully to ensure that you make an informed decision
  • Price comparison is only possible if you are comparing certified diamonds. Diamond Certification allows you to compare prices without unknowingly sacrificing quality or natural origin.
  • Be cautious of “sales” which appear to be genuine but are nothing more than a large discount off an inflated price. If it seems to good to be true, it probably is.
  • Be cautious of internet retailers offering a huge selection of diamonds. Often many are not available - this is a classic baiting scam.
  • Buy a diamond that is cold laser inscribed. This identifies the diamond and ensures you get the one described by the diamond’s certificate.
  • Do not buy your diamond overseas, buy locally. This ensures you have recourse if anything is wrong.
  • Diamonds are priced the same way worldwide -there are no cheap diamonds, only lower quality.
  • Never buy a diamond without seeing it first. The internet has become the perfect marketplace for selling the “leftovers,” which are impossible to sell for the asking price through traditional diamond channels.
  • Do not buy a diamond with a bogus or in-house diamond “certificate”. If you are unsure, do your research on the laboratory that issued the report. Examples of in-house “certificates” are manufacturer reports and appraisals generated by the seller.
  • The seller’s valuation or certificate it is not independent and may be overstated. Genuine diamond grading laboratories do not sell diamonds nor do the employees have any interests in the jewellery trade, as this represents a significant conflict of interest.
  • Do not accept unknown diamond certificates or photocopies of the original diamond certificate.
  • Never shop based on price alone - this generally results in a lower quality, not a better deal. Generally speaking, you will get what you pay for.

Knowledge is key to any decision. Certification is vitally important to ensure you make an informed diamond purchase.

For more information, feel free to contact the DCLA on our Diamond ‘Trustline,’ established as a hotline for all of your diamond inquiries.

latest news

Thursday 18 May, 2017

DE BEERS TAPS INTO POLISHED DIAMONDS MARKET WITH FIRST-TIME AUCTION

Anglo American’s De Beers, the world’s largest rough diamond producer by value, has decided to begin selling its own polished diamonds in auctions for the first time in its history.

Wednesday 17 May, 2017

SOTHEBY'S SELLS THE APOLLO AND ARTEMIS DIAMONDS FOR £44.9 MILLION

Wednesday 10 May, 2017

US WOBBLE TAKES SHINE OFF PANDORA SALES

Pandora reported strong growth in the first quarter, but US store closures and sluggish mall traffic dented its performance stateside.

Sunday 7 May, 2017

IMPORTANT ADVICE ON HOW TO SELL YOUR DIAMONDS

If you are you considering selling your diamond, but feel as though you have no idea how or where to begin with the process?

Thursday 4 May, 2017

GEM DIAMONDS RECOVERS 80 CARAT ROUGH DIAMOND

Another D colour Type II diamond weighing 80 carats has been recovered.

Wednesday 3 May, 2017

THIS BLUE DIAMOND IS NATURAL—AND ALSO SYNTHETIC

The good news is, from everything we know, all lab-grown diamonds are detectable, and the detection devices are getting better and (somewhat) cheaper.

Tuesday 25 April, 2017

CHRISTIE’S TO OFFER 92CT. PENDANT

A 92.15 carat diamond pendant worth up to $20 million will lead Christie’s Magnificent Jewels auction in Geneva next month.