There are many good reasons to buy diamonds, and they do not have to be set into jewelry. In fact, many people are choosing loose diamonds because it gives them a variety of options. However, what is the best size, shape, and type of loose diamond to buy? Here is a closer look at loose diamonds to help you make your decision.
Buying for Investment Purposes
Buying a loose diamond for the investment potential can be an excellent way to spend your money. If you want your precious stones to appreciate in value as much as possible, you may want to buy round diamonds. Round stones are still the most popular shape and they will always be in demand.
Your initial investment with round diamonds may be a little higher than other selections. When round stones are cut, there is a considerable amount of waste created in the process. When you buy a square cut stone like a princess cut, you may get a better price because there is less waste in making princess cut diamonds.
Clarity Enhanced Stones
CE or clarity enhanced diamonds are natural diamonds with certain flaws repaired. You can buy a loose diamond cheaper this way. However, it will not be worth as much as a non enhanced stone of the same clarity and cut. When it comes to buying diamonds for the investment potential it is usually best to stay with un-enhanced stones.
Custom Jewelry
Many people are making loose diamond purchases for custom jewelry and this can be a great way to have exactly what you want. You can buy the perfect stone for your creation and submit your plans to your jeweler. They will create your jewelry using modern methods like three dimensional computer aided design programs, to give you just what you want.
There is another benefit to buying a loose diamond for custom jewelry. You can purchase the stone now and have it set into jewelry, at a later date. This helps to break up the purchase and make it more affordable.
Loose Diamond Certification
Just because a jeweler states a diamond is a certain cut, color, clarity, and size, does not guarantee your purchase. This is why it is important to buy diamonds with a GIA certification. The GIA is the Gemstone Institute of America and they are a trusted third party source for evaluation and grading diamonds.
Once you buy a GIA certified diamond you receive a certificate unique to your stone. This lets you know you are getting exactly what you pay for and is important for insurance purposes also. When you buy a certified loose diamond you can make your purchase with confidence.
