custom diamond rings

Should You Buy Diamonds Online?

Face it: the only way to keep up with the latest about diamonds is to constantly stay on the lookout for new information. If you read every single thing you find about diamonds, it won’t take long for you to become an expert.

Buying diamonds online seems unthinkable, almost, with all of the potential for scams concerning diamonds. However, you really can purchase diamonds online without problems if you’re careful.

First of all, consider about your reasons for wanting to purchase the diamond online instead of making a purchase from a local jewelry store. The most common reason is price. Due to low overhead costs, online jewelers and wholesalers are able to offer lower prices than local jewelry stores. But remember, you must be careful – a price that’s too low is a sure red flag of a scam.

One of the best things about purchasing online is the massive selection. When you shop offline, you are limited to the selection in the stores in your general area. There are no such limits online. Again, however, you need to use a great deal of care and consideration before handing your money over to someone that you can’t see and have never met!

When you get down to the bottom of it, the only standing difference between you and diamonds experts is time. If you’ll invest a little more time in reading, you’ll be a lot nearer to expert status when it comes to diamonds.

Before you start shopping, learn as much as you can about diamond ratings – especially about the cut, color, clarity and carat weights. When you are knowledgeable about diamonds, it will be harder for a scammer to rip you off. Once you know more all about diamonds, you will be ready to start shopping.

5ct diamond ring

Don’t purchase the first diamond that you see that interests you. Take your time. Instead, look for similar diamonds for sale. Do some comparison shopping to find the lowest prices. After you have found the lowest price, start doing your investigation. You know about diamonds, you have found a diamond that you like, and you’ve found a low price – but you are still quite a ways away from purchasing that diamond!

Be sure to ask about the seller’s credentials, such as professional jewelry associations that they belong to. Print the seller’s return, refund, and upgrade policies. Also, inquire about additional services, such as settings and mountings, sizing, and free shipping. Do a web search for customer reviews on this particular company. Check with the BBB Online to see if there have been any complaints.

Request a diamond grading report from an independent laboratory such as GIA, HRD, EGL or AGS. You should see this before making a purchase. Finally, use a reputable escrow service for expensive diamonds – preferably one that will have the diamond appraised while it is in their possession.

The seller sends the diamond to the escrow service, and then you send the money to pay for the diamond to the escrow service. The escrow service has the diamond appraised, sends the diamond to you, and sends the money to the seller. This is the best way to protect yourself. Again, make sure that you use a reputable escrow service!

Take time to think about the facts shown above. What you have learned will help you to take action safely.