Some people prefer to buy a diamond stone and then to think over a jewelry they want to make out of it. In this regard you should know what to pay attention when making a choice. In the course of the issue how to avoid mistakes when buying diamonds, it would be logical to know how to choose a right diamond. Diamond’s luster is brilliant though make sure lest it make you blind to various tiny flaws that can mar your impression on the purchase later.
Step-by-Step Guide: How to Choose a Diamond
- First, identify the diamond shape desired by the recipient. If you do not know and cannot find out, consider round or princess cut.
- 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 buying tips (below) for more guidance. Go as low as VS2 before making concessions in other areas.
- Next, lower the Color. See color buying tips (below) for more guidance. Go as low as H before making concessions in other areas.
- Finally, lower the Cut. See cut buying tips (below) for more guidance. 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. A carat weight difference of 10% or less will be very difficult to detect visually.
- First, further reduce Clarity. Go as low as SI1.
- Next, reduce Color. Go as low as J. If you know the diamond will be set in yellow gold, you could safely drop to K.
- Finally, reduce the Cut. Go as low as Good in round diamonds, and Fair in fancy shapes.
- If the diamond you seek is under one carat, you could consider a drop to SI2 clarity.
- If the diamond is both a brilliant 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.
MORE DIAMOND BUYING ADVICE
Following is a recap of buying tips found throughout the Lumera Diamond Education Guide. Use these tips alone, or in conjunction with the step-by-step guide above.
SHAPE BUYING TIPS
Most people who receive diamonds as a gift or for an engagement have a shape preference. While other factors (such as price and quality) should be determined by the purchaser, the choice of shape should include input from the receiver of the diamond, if at all possible. This is especially true for fancy shape engagement diamonds.
Unless a particular preference has been expressed, consider a round diamond. Round diamonds tend to have more brilliance and scintillation than other shapes, they accommodate almost any ring setting, and never go out of fashion.
length to width ratio has a major impact on the shape of a fancy diamond. Every Lumera Diamond is shown in its correct length to width ratio so that you can easily see the difference between diamonds of the same shape (e.g. a narrow vs. a fat marquise, or a square vs. a rectangular princess cut). If you are not sure about your preferences, search for a shape you like, and then view diamonds of various length to width ratios within that shape until you find what you like. Then, focus your search on diamonds that are within roughly 10% of your ideal length to width ratio (e.g. if you decide that your ideal radiant cut diamond has a 1.50 L/W ratio, focus your search on radiants between 1.35 and 1.65).
CARAT WEIGHT BUYING TIPS
Look for diamonds that fall just under popular carat weights such as 1/2 ct. 3/4 ct., 1 ct., etc. Because these diamonds fall just shy of the popular weight, they are often sold at a slight discount compared to diamonds of full weight. For example, a .90 carat diamond will typically cost less on a price-per-carat basis than a full 1.00 carat diamond. Visually, they are difficult to distinguish. In fact, a smaller carat weight diamond may have a diameter equal to that of a heavier diamond, making it appear the same size when viewed from above.
Receivers of diamond engagement rings tend to have the strongest preferences when it comes to shape and carat weight. Each Lumera Diamond is shown as it would appear in a ring as well as actual size, to allow you to accurately gauge the size of the diamond you are viewing.
The most popular carat weights for engagement diamonds are between one and two carats. If a diamond under .75 carats is a budget necessity, consider a marquise cut, which appears larger than other shapes of equal carat weight, due to its elongated cut.
CUT BUYING TIPS
Unlike the other “Cs” (Carat Weight, Color, and Clarity), the various Cut grades in existence today were not originated by GIA. Even though retailers use common terms to describe Cut (such as Excellent, Very Good, Fair, Poor) the terms are not uniformly defined or applied. In fact, a diamond seller may assign any cut grade they choose, based on any set of factors they wish. One retailer will use terms such as “Signature Ideal”, “Ideal”, and “Excellent”; while another uses “Ideal” to describe all three, and another uses “Excellent” for all. Be cautious when comparing cut grades from different retailers, as they are most likely inconsistent.
Also, be aware of diamond sellers who assign their own cut grades in place of what GIA has already assigned to a particular diamond. Many popular websites and retail stores display their own, more generous Cut rating in place of the GIA grade.
To avoid confusion or misrepresentation of any diamond, Lumera uses the same cut grades as employed by GIA, and does not engage in “cut inflation” by creating other grades (“signature”, “super ideal”, etc.).
Cut grade is the most important factor in determining the overall appearance of a diamond because a poorly cut diamond will seem dull even with excellent clarity and color. Conversely, a well cut diamond can have a slightly lower color (G-H) or clarity (SI1-SI2) and still look quite beautiful, due to its superior ability to create sparkle and brilliance.
For superior brilliance, choose a diamond with a Cut grade of Very Good or Excellent for round diamonds, and Good or better in fancy shape diamonds. When choosing a diamond in this range, make sure its symmetry and polish are Very Good or Excellent, so that the impact of the above average Cut is not obscured.
For those on a budget, primarily concerned with size, a diamond of Fair – Good cut may be an acceptable choice, especially in fancy shapes. While the diamond will lack the scintillation and brilliance of a well cut diamond, it will allow a significant increase in size for the same price.
Avoid Poor cut diamonds, even if size is the primary concern. Most find these diamonds to be an unacceptable trade off, despite the lower price. Lumera does not offer Poor cut diamonds.
Because Cut grade provides a single rating which incorporates a variety of factors (such as polish, symmetry, table %, depth %, culet size, girdle width, etc), it is a simple yet vital tool in evaluating a diamond. A common mistake is to evaluate these individual factors instead of relying primarily on the Cut grade, which already takes them into account. Only when comparing two diamonds of identical Cut grade should the individual components of Cut be considered as further refinements in your search. That said, some general guidelines for these individual factors are:
Any culet size of Medium or smaller will be invisible to the naked eye, and have no negative impact on a diamond’s appearance.
An Extremely Thin girdle is more susceptible to chipping, and for that reason should be avoided for diamonds that are to be set in a ring. Earrings or pendants are less exposed to rough contact and so are less susceptible to chipping around the girdle. Avoid even Very Thin girdles in Princess Cut diamonds, as this shape already has sharp corners more prone to chipping. If you do purchase a Princess Cut diamond with a Very Thin girdle, consider setting it in a style that covers and protects the corners.
For diamonds with a polish grade of Excellent to Good, any polishing defects are not visible to the naked eye, and should have no impact on the diamond’s overall appearance.
For diamonds with clarity grades of I1 or lower, even a polish grade of Fair is acceptable, since these diamonds already possess internal inclusions that are visible to the naked eye, making any polish markings less relevant.
For diamonds less than .75 carats, any polish grade of Fair or better will not affect the appearance of the diamond to an untrained observer.
Poor is the only polish grade that should be avoided regardless of the size or clarity of the diamond. For this reason, Lumera does not carry diamonds with a polish grade of Poor.
For diamonds with a symmetry grade of Excellent to Good, symmetry should not be used as a primary factor in choosing a diamond, since each of these grades is possible in diamonds of exceptional appearance.
Symmetry is more important in diamonds of VVS2 Clarity and higher, since the very subtle defects produced by Fair or Poor symmetry (which can resemble pinpoint inclusions), would compromise the diamond’s otherwise flawless appearance.
Despite its modest impact on appearance, symmetry has a significant impact on price; a diamond with Excellent Symmetry and Polish may be priced 10%-15% higher than a diamond with Good Symmetry and Polish. This premium has more to do with consumer’s perceived value of “excellent” grades, than the actual affect on a diamond’s appearance.
Because diamonds with Poor symmetry have defects visible to the naked eye, these diamonds should be avoided in all cases. For this reason, Lumera does not carry diamonds with a symmetry grade of Poor.
COLOR BUYING TIPS
The vast majority of untrained observers (and many gemologists) cannot distinguish a color grade from the one just above or below unless the diamonds are compared side by side in a controlled environment. Even when side-by-side, changes in color are difficult to detect in I color and higher diamonds.
Color becomes much harder to detect once a diamond is set in a ring and placed in an environment that contains color (as opposed to the all white background used in color grading). For instance, an H color diamond may look as colorless as a D when set in a ring under normal lighting conditions, especially if the two are not compared side by side.
For the best value in what would appear to the naked eye as a colorless diamond, look for G-J diamonds. Because color is easier to detect in larger diamonds (just as a large carafe of white wine shows more color than a small glass), opt for G-H in diamonds over 1 carat, and I-J for those under 1 carat. Once set in a ring, these diamonds will look just like higher color grade diamonds. Instead of investing in higher color, invest in higher cut, the most important factor in a diamond’s brilliance.
Because diamonds with more facets reflect more light, they tend to hide color better than other shapes. So, consider round, princess or other modified brilliant cuts over step cuts such as emerald or asscher if you are concerned about color.
If you are concerned primarily about carat weight, and are on a tight budget, consider a yellow gold setting and a brilliant cut diamond in the K-L color range. The yellow gold will complement the faint body color of the diamond.
If, while shopping for a diamond, you are ever given a color range (e.g. G-H) as opposed to a specific grade, the diamond is not certified by GIA. The seller is only estimating the diamond’s color using GIA terminology.
Colorless (D-F) fluorescent diamonds sell at a 5-15% discount to non-fluorescent diamonds since the fluorescence is perceived as a defect. In fact, the visible effects of faint to medium fluorescence are perceptible only to a gemologist using a special UV light source.
Because the fluorescent glow is usually blue (which is the complementary color to yellow) fluorescence can make diamonds of I-M color appear up to one grade whiter. For this reason, I-M diamonds tend to sell at a slight premium when they possess Medium to Very Strong fluorescence.
Overall, fluorescence should not be a major factor in the diamond purchase since its effects on appearance are negligible, if not slightly positive. The exception would be to exercise caution in purchasing a diamond with strong or very strong fluorescence in D-H color diamonds (which do not possess enough yellow color to offset the blue fluorescence).
CLARITY BUYING TIPS
If you cannot tolerate imperfections, even those you cannot see, choose a VVS2 or better diamond. About 10% of all diamonds sold fall into this category.
The most popular range is the VS1-VS2 diamond. These diamonds appear flawless to the naked eye, and are a fraction of the price of a truly flawless diamond. Almost half of all diamonds purchased fall into this range.
The next most popular range is SI1, where the inclusions are usually not significant enough to impact the appearance of the diamond for the casual observer. Often, customers will opt for this clarity range in exchange for a higher cut or color grade. This combination often results in a beautiful, lively diamond with imperfections detectable only upon close inspection. In diamonds under 1 carat, the same can be said for an SI2 grade. In diamonds over 1 carat (where clarity is more important, and SI2 inclusions are often easier to detect), an SI2 is often half the price of a VS1 diamond. About one third of diamonds sold fall into the SI1-SI2 range.
If you are primarily concerned with size and price, I1 may be your best clarity option. While the inclusions are visible to the unaided eye, many customers find it to be well worth the sacrifice for what it affords in size.
The larger the diamond, the easier imperfections are to detect; therefore Clarity becomes more important. For diamonds over 2 carats, a clarity grade of VS2 or higher is the safest bet for avoiding any signs of visible inclusions. In diamonds between 1 and 2 carats, clarity grades of SI1 or better will not have inclusions easily visible to the naked eye. In diamonds under 1 carat, clarity should be considered the least important of the traditional 4 Cs.
Brilliant-cut diamonds (such as round, princess, cushion, oval, pear, and marquise) hide inclusions better than step cuts (emerald, asscher). When purchasing a step-cut, move up one clarity grade (e.g. purchase a VS2 instead of an SI1 if you desire the lowest grade that has no visible inclusions).
If, while shopping for a diamond, you are ever given a clarity range (e.g. SI1-SI2) as opposed to a specific grade, the diamond is not certified by GIA. The seller is only estimating the diamond’s clarity using GIA terminology.
CERTIFICATION BUYING TIPS
All Labs are not created equal, and their judgments are not held to any objective standard. Unfortunately, some labs have succumbed to pressure from retailers to lower their standards, thereby allowing lower quality diamonds to be presented with higher ratings, increasing their value in the marketplace. Before relying on any certificate, make sure you are comfortable with the reputation and expertise of its author.
While Lumera chooses to offer only GIA certified diamonds, other labs which have a strong reputation in the marketplace include AGS (American Gem Society) and HRD (more common in Europe than the U.S). Diamonds with certification from labs such as IGI and EGL tend to sell at a small discount, since these labs are known for relaxed grading standards (for example, a diamond graded G in color by EGL may only be graded H by GIA).
Use caution when comparing the price of diamonds graded by two different labs; what at first seems like a bargain may only be the result of more relaxed grading.
Only buy diamonds which have been certified by a reputable lab. Do not accept certifications created by retailers, even if they claim to be GIA trained.
Keep your certificate in a safe place. It provides invaluable security in the case of loss (helping to establish the quality and size of diamond required for equitable replacement), trade, or resale. Whenever the diamond must leave your possession (for example, to be cleaned), always let the party taking possession know you have a certificate. Knowing you can positively identify your diamond removes any temptation on the part of the third party to commit fraud (such as switching the diamond for one of lower quality).
A copy of your uniquely numbered GIA certificate is kept permanently on file with the GIA, and can be replaced at anytime if lost or destroyed.
This information was taken from http://www.lumeradiamonds.com/buying-diamonds/choose-a-diamond