Loose Diamonds On A Budget: 14 Tips

Loose diamonds are a popular choice for diamond jewellery. They are less expensive than diamonds that are set in jewellery, and they can be matched with any type of setting. Loose diamonds can also be resized more easily than diamonds that are set in jewellery.

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There are several ways to purchase loose diamonds. You can buy them from a jeweller, or you can buy them online.

When you buy loose diamonds online, you will need to know the four Cs: Carat weight, Cut, Clarity, and Color. You should also know the shape of the diamond.

When it comes to shopping for loose diamonds, many people feel like they have to break the bank. However, this doesn’t have to be the case. With a little bit of know-how, you can find beautiful diamonds at affordable prices.

If you’re on a budget, but still want to buy a loose diamond, there are a few things you can do to save money. 

Here are 14 tips for finding loose diamonds on a budget:

1. Shop Around. 

One of the best ways to find a great deal on a loose diamond is to shop around. Don’t just buy from the first jeweller you come across. Compare prices at different stores to get the best deal.

2. Consider Online Retailers. 

One of the best ways to get a great deal on a loose diamond is to buy it online. Online retailers often have lower prices than brick and mortar stores.

3. Look For Diamond Auctions. 

Several online auction sites sell diamonds at discounted prices.

4. Think About Quality Oversize. 

A smaller, but a higher quality diamond will often be cheaper than a larger, lower quality diamond.

5. Consider Diamonds That Are Below The “Perfect” Grade. 

Diamonds that are graded as “near perfect” or “very good” can be just as beautiful as those that are graded as “perfect”, but they cost less.

6. Ask Your Jeweller To Set A Cap On The Price. 

If you have a budget in mind, let your jeweller know and see if they can find a diamond within your price range.

7. Buy Loose Diamonds Instead Of Pre-Setting Rings. 

Buying loose diamonds gives you more flexibility when it comes to setting the stones yourself or having them set by a jeweller.

8. Use A Diamond Price Comparison Tool. 

Several online tools allow you to compare the prices of diamonds from different retailers.

9. Consider Lower Quality Diamonds

Not all diamonds are created equal. If you’re looking to save money, consider buying a lower quality diamond. Just make sure that the cut is still good so that it will sparkle.

10. Consider A Diamond Simulant

If you’re not concerned about having a genuine diamond, consider buying a diamond simulant instead. Simulants are synthetic diamonds that look just like the real thing, but cost much less.

11. Look For Special Deals

Many jewellers offer special deals on loose diamonds from time to time. Be sure to keep an eye out for these deals and snatch them up when you see them.

12. Get A Diamond Certificate

When buying a loose diamond, it’s important to make sure that you get a diamond certificate. This will ensure that the diamond is of high quality and has been graded by an independent gemologist.

13. Look For A Reputable Jeweller

Not all jewellers are created equal. It’s important to do your research and find a reputable jeweller who sells high-quality diamonds.

14. Don’t Overspend

Just because you’re on a budget doesn’t mean you have to skimp on quality. Make sure that you don’t overspend on your loose diamond purchase. A good quality diamond can be found at a reasonable price if you shop around.

By following these tips, you can find beautiful loose diamonds at affordable prices. Looking for loose diamonds in Australia? Just click it.