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Loose Diamonds For Sale – Tips to Minimize Risk

August 2nd, 2010 9:47 pm

No doubt that the loose diamonds are one potential investment field. However if you are not familiar with the diamond industry you may need to discover few important issues before risking your money. Every investment market is distinct but it is easy for one to get too obsessed with the scattering information, either true or false, and end up not making any profit. Here are few selling tips to take note before starting off your investment line.

Firstly, look for grading certificates. Any loose diamonds for sale should come along with a grading certificate. Generally it is an elaborated certified report about the diamond which includes details about the color, cut, carat and clarity as well as the shape and dimension. Besides, the certificate should be issued by a laboratory gemologist who will also state the imperfections found in the diamond. This documentation will play the role of an identification card for the diamond, important to be a reference for insurance companies or potential customers. You are not advised not to buy or sell loose diamonds which do not come with such legal certificates.

Next you should ensure that the diamonds have the appraisal certificate. This certificate may be a more difficult document than the grading certificate. Since diamonds, like other commodity, are tradable in the market thus it is really hard to evaluate a precise value. The value of diamonds will fluctuate according to the economical trends and market movements. However for insurance purposes, this is a compulsory prerequisite document. Nevertheless this selling tips is not fully practiced as the acknowledgment of the document depends on the interest of the insurance company to use the certification as a proof of assessment. The appraisal certificate can be created by any respectable diamond company.

Apart from those certificates, you may also require another legal documentation – the origin certificate. Since the worth of diamonds is not necessarily judged through the aspects of the diamond itself, there is also abundance of worry over how diamonds are mined. These diamonds are known as the blood diamonds. You should not ever lay hands upon the blood diamonds. The value may seem good and is certainly profitable if you can sell the loose diamonds but the prices of blood diamonds will never increase due to opposition towards the diamonds.

Buying Loose Diamonds

June 23rd, 2010 3:39 am

Loose diamonds are the most sought-after gift item by many. However, buying this diamonds is not as simple as many of us may tend to believe. It is necessary to know all about this type of diamonds before you venture out to buy. It is essential that you insist and obtain a diamond ‘Grading Certificate’ when you buy loose diamond. This is a document that spells out the exact characteristics, such as weight, measurements, cut and quality of the diamond and it is the proof of the diamond’s identity, quality and value.

Besides, a diamond certificate also confirms that the diamond you have bought is natural and is not synthetic or man-made. The certificate will authenticate your purchase and assure you that you have not been conned. Besides, this ‘Grading Certificate’ will also be necessary as prospective buyers will also demand this certificate whenever you choose to sell the loose diamonds.

This diamond is useful in many different ways, which is one of the reasons why they are so popular. People keep loose diamonds in a display window case for their visitors to admire; they fit loose diamonds into a favorite piece of jewelry which they wear; there are others who would just keep it in their pockets or purses/hand bags as a lucky charm!

When it comes to diamonds, the fundamental rule is – the 4C’s (Cut, Color, Clarity and Carat) determine the price. Hence you should study these four parameters carefully when selecting loose diamonds. The manner in which a diamond is cut defines its value and reflects its brightness and charm and appeal.

People attach a lot of importance to the color of diamonds. Loose diamonds of rare colors are much more expensive than diamonds of common color or even colorless ones. Do not confuse a diamonds carat weight with the size of a diamond. Even though two diamonds may have the same carat weight their appearance in size and diameter measurements can very greatly.

As is known, loose diamonds come in different shapes – round, princess (square), emerald, asscher (a square emerald cut), marquise, oval, pear, heart, cushion and more. The round brilliant cut is arguably the most popular and used for solitaire engagement rings. But keep in mind that each shape of the diamond has a fascination, all its own.

Please remember all diamonds are unique, no two diamonds are exactly the same which is why it takes years of experience, training and learning to fully understand diamonds. There is an abundance of information available to consumers on the Internet, but not all of them may be genuine. Make it a point to buy your loose diamond only from a reputable diamond dealer.