How to Buy a Diamond: Step-by-Step Guide.
- First, identify the diamond shape.
- Set a carat weight minimum based on the recipient's preferences. If they have their heart set on a one carat diamond, even the most beautiful half carat stone will be a disappointment.
- Start with the highest quality diamond of the shape and carat weight minimum you identified in steps 1 and 2, and begin making concessions in the following order until you arrive at a diamond that fits your budget:
- First, lower the Clarity. See clarity in tutorial for more guidance. Go as low as SI1 before making concessions in other areas.
- Next, lower the Colour. Go as low as "I" before making concessions in other areas.
- Finally, lower the Cut. Go as low as Very Good in round diamonds, and Good in fancy shapes before making concessions in other areas.
- If the diamonds that match your revised criteria are close to your budget, consider shaving off some carat weight in order to close the gap.
- If after following the steps above, you are still outside your budget, repeat the process with new thresholds:
- First, further reduce Clarity. Go as low as SI3.
- Next, reduce Colour. Go as low as K. If you know the diamond will be set in yellow gold, you could safely drop to L.
- Finally, reduce the Cut. Go as low as Good in round diamonds, and Fair in fancy shapes.
- At this point, if you are still outside your budget, your next step will depend on your individual preferences and needs.
- If the diamond you seek is under one carat, you could consider a drop to SI3 AND I1 clarity.
- If the diamond is both a round cut and under 1.50 carats, an L-M color may be perfectly acceptable when set in yellow gold.
- If size is the primary consideration, you could consider a Fair cut round or fancy shape.
- If you are still well outside your budget, you may need to consider increasing your budget or reducing your minimum carat weight target.
- Enter our diamond shop use the filters to narrow your search to suite your budget.
- Once you identified call us and make an appointment to inspect your dream diamond.