Important Reminders When Buying Wholesale Diamond Engagement Rings

Photo by Wesley Tingey on Unsplash

There are a variety of considerations when buying diamonds, especially when you’re looking to buy wholesale. How do you ensure that you are paying the right amount for the value of the stones you are getting? Indeed, there is no understating the overwhelming prospect of buying a diamond.

So, we’ve noted two important considerations to get wholesale diamonds that are worth your hard-earned money:

1. Educate yourself about the 4Cs.

The best way to maximize your investments is to do your research and learn as much as you can about the item you wish to purchase. This is particularly necessary when buying diamonds considering the hefty price that these investments come with.

The 4Cs of diamond quality refer to the attributes that determine a diamond’s overall value. The 4Cs refer to the cut, colour, clarity, and carat weight.

i. Cut

The term “cut” refers to how the precious stone’s complex proportions and angles relate to light. This is influenced by a number of factors, including its overall appearance, design, and craftsmanship. The Gemological Institute of America Inc. (GIA) Cut Scale for standard round cut diamonds ranges from Excellent to Poor grades.

Princess, cushion and round are three most popular diamond cuts. Round diamonds are round, while princess cut diamonds are rectangular or square in shape. Cushion cut stones have a square shape with rounded corners, giving them an appearance that looks like a hybrid of both round and princess cuts.

ii. Colour

Colourless diamonds are graded based on the absence of colour. This means that truly colourless diamonds are considered very rare and highly valued. The GIA Colour Scale ranges from D (colourless) to Z (brown or light yellow). While distinctions may be very subtle and only visible to experts, these can have a significant impact on diamond’s final price.

If you are working on a tight budget, choosing from a G to I colour rating will be good enough and you can, instead, shift the savings toward bigger diamonds.

iii. Clarity

The 11 grades for clarity are based on a diamond’s presence, number, and size of inclusions and blemishes. Unique internal characteristics are called inclusions while external characteristics are called blemishes. The scale for clarity measurement ranges from Flawless, which indicates that the stone is blemish-free, to Included, which indicates that the stone has flaws that may affect how it shines and reflects light.

If you wish to save on some of your diamond purchase, you can opt to compromise clarity, as inclusions and blemishes are those not many - excluding a trained eye - will be able to tell.

iv. Carat Weight

Carat weight has the greatest effect on a diamond’s price and is probably one of the more obvious aspects that women consider when talking about diamonds.

Each of these diamonds is weighed to a thousandth of a carat before being rounded to the nearest hundredth or point. One carat is equal to 0.20 grams, and it is very rare to find a diamond that weighs more than one carat. Seemingly minute fractions may appear insignificant but, depending on diamond quality, these can mean hundreds of dollars of price differences.

The bigger the better, right? Whilst there are also other considerations to keep in mind, a smaller diamond is likely less valuable than a larger one.

2. Buy only from a reputable diamond wholesaler.

Once you have decided which range of 4Cs you want to purchase, you need to find a diamond wholesaler of good reputation. Considering the costs involved in the diamond supply chain, purchasing from wholesalers directly can help save you a lot.