PRIVATE DIAMONDS 4 SALE

Shape: Round
Carat: 1.54Ct
Cert.: AGS
Asking: $ 10000 (QLD)
Shape: Round
Carat: 0.83Ct
Cert.: DCLA
Asking: $ 2009 (QLD)
Shape: Princess
Carat: 1.34Ct
Cert.: LPC*
Asking: $ 7000 (VIC)
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How to buy a diamond



Buying a Diamond Online – from a business

 

Did you know that different certification laboratories grade differently?

That's why a diamond graded with an EGL certificate will usually cost a lot less than a diamond graded with a GIA certificate.

Is this legal?

Yes it is, because diamond grading isn't a government regulation therefore each laboratory (just like each different car manufacturer) has the right to grade using their own standard. it is up to the byer to decide which diamond and certiciate they want.

So before buying a diamond don't just look at the grade, but make sure you are happy with it when viewing physically because if you are satisfied with the diamond then whoever graded it shouldn't matter.

Also remember that you get what you pay for, so aim to a good price and try and get a bargain, or at least good value for money. Don't expect to get a $30,000 diamond for $5,000.

Stricter diamond grading laboratories, such as GIA, HRD and AGS (for example) = more expensive diamonds.

A less strict laboratory will usually = less expensive diamonds.

 

Buying a diamond online, sight unseen is more of a challenge than appears.
After you have parted with your thousands you will soon receive what you purchased from the online diamond dealer.

It’s a small pretty thing, called a diamond - but how are you going to check it?

The dealer may be honest - but what if they made a mistake?

Do you have tweezers to hold it and do you know how to hold the diamond properly with a pair of tweezers?

Do you have a 10x magnifier (loupe) and also know how to use it, to view the diamond up close and to be able to see the laser inscribed number on the girdle, if any and/or the inclusions to identify the diamond?

Do you have proper lighting in your home?

That’s why most online diamond dealers that succeed have an office / store, so their customers can view the diamond in person after they have found it online. The advantage here is that the customer can be guided by the professional under ideal lighting conditions and use their tools and guidance to properly view the diamond, and be able to buy it confidently from them.

 

Buying a preowned / second hand diamond – from a private person


Private persons selling their diamond are doing so for mainly these reasons:

They may have changed their mind on the diamond.

They wish to upgrade / downgrade their diamond purchase.

Their engagement / marriage didn’t work out and they separated from their partner.

They need the money due to tough times.

The diamond was purchased many years ago as an investment, and now they wish to sell it.

Some businesses out there will offer to buy diamonds from the public, but they offer too little money in comparison to the original purchase price of the diamond. It’s not unusual to pay $10,000 for a diamond and only get offered as little as around $3,000 by a diamond dealer / jeweller, even though the diamond is worth a lot more.
That’s why a diamond marketplace for the public to use (to buy and sell diamonds) is very helpful for buyers and sellers of the general public, but also equally beneficial for the diamond trade - because of the following reasons:

If diamond customers are offered a proper inexpensive outlet for selling their diamonds when they need to then it protects the value of their investment. This means that more people will be willing to buy diamonds and have more faith in the diamond industry, knowing that what they bought can be re-sold by them to anyone, without relying on diamond buyers that may offer too little.

PRIVATE DIAMOND INVESTORS CAN BENEFIT SUBSTANTIALLY BECAUSE IF THEY CANNOT SELL THEIR DIAMONDS PRIVATELY THEN THEY COULD BE WASTING THEIR MONEY INVESTING TO BEGIN WITH.
INVESTORS CAN RARELY MAKE A PROFIT OR BREAK EVEN SELLING THEIR DIAMOND TO A BUSINESS.

The only way a seller is going to minimize their loss substantially is to have the option of being able to sell their diamond to a private buyer.


A genuine buyer will be like the seller, so they may want the same diamond that sells for $10,000 but they only can spend up to say $7000. That’s where a private sale of a diamond can be successful and beneficial to the seller as they may lose $3000 (30%) of what they paid, but it’s still better than losing $7000 (70%). It’s also very beneficial to the buyer as they got the 10K diamond they wished for - but within their 7K budget.
Buyers are further rewarded as if they ever needed to sell their diamond they can sell it for what they paid, ie: $7000 and not lose anything, since they paid such a low price to begin with and the theory is that if they were willing to pay that much for a pre owned diamond then another buyer will also do the same, just like they did.

THAT’S WHY BUYING A DIAMOND PRIVATELY CAN SOMETIMES BE A VERY WISE CHOICE, AND YOU CAN BE HELPING A PERSON JUST LIKE YOU THAT DOESN’T NEED THE DIAMOND ANYMORE - BUT NEEDS THE MONEY.