Friday, July 2, 2010

Cheap Diamonds: How To Make The Most Out Of Your Tight Budget

The diamond is perhaps one of the most revered gems in history. As a matter of fact, the diamond has been used as a symbol of many wonderful concepts like power, love, invincibility, refinement and more. Due to the acknowledgment given to such gemstone, along with the controversies surrounding its mining process, purchasing and owning a flawless diamond would definitely cost a person his fortune. If you have limited budget at hand and would like to buy cheap diamond, you can follow some of the simple guidelines below to secure one.

As a good start, try going online and look for online jewelry shops that sell inexpensive jewelry pieces. Purchasing diamonds online is a good option because compared to local jewelry stores that incur additional costs on their products as a form of coverage for their overhead expenses, online jewelry stores offer competitive pricing without extra charges often induced by overhead expenses, except of course for the shipping and handling fees as well as taxes. It also preferable to participate in online diamond auctions that are frequently facilitated by jewelers. Of course, if you buy online you are definitely saving your money, time and energy without the need to exhaust yourself from personally visiting one jewelry shop to another.

If you have no problem buying pre-owned items, another option that you can go for is to drop by at stores that offer discounted or inexpensive jewelry pieces. There are many pawnshops and thrift shops out there that you can try. However, make sure that you are knowledgeable enough about diamonds so that you will know if what they are offering are real or not. Likewise, be prepared to get a bit disappointed because at most times you might leave a shop without any purchase, but if you're lucky enough you can get a good deal for sparklers that are still in good condition or you can even get rare pieces for that matter.

Another reliable approach you can do to secure a cheap diamond is to purchase loose diamond. Basically, a loose diamond is a real type of diamond that hasn't been used for jewelry production process. Unlike a diamond that is already set on jewelry, buying loose diamond won't cost you that much because you don't have to pay for the metal used to make the jewelry where the diamond is mounted on, the services, warranty coverage, gift casing and more. With loose diamonds, you can be as creative as you want and make your own customized jewelry designs.

Downgrading is also a good way to get cheap diamond. By downgrading on some of the areas or the 4Cs of your diamond, you can make a huge difference in terms of cost. If you're worried about the quality of your sparkler, you don't have to because downgrading does not incur discernible reduction on the quality of the diamond. For example, in terms of clarity downgrading instead of buying flawless diamond, you can just settle for a diamond that has lower clarity rating but can still be considered as eye-clear, or in terms of carat try purchasing diamonds that have carat grades shy away from full numbered or exact half numbered carats.

Finally, you can simply go for clarity enhanced diamonds which are also referred to as treated diamonds. Try to remember that all diamonds, with an exemption for the very rare and flawless ones, have character flaws called inclusion or imperfection. If you are wondering what an inclusion is, it is the determining factor of the clarity grade of a diamond. Hence, when you speak of treated sparklers they have imperfections that were corrected by differing processes such as irradiation, filling imperfections and laser drilling to name a few; however, it must also be taken into account that these enhancements does not totally ruin the quality of diamonds, but they make such gemstones relatively inexpensive.

Cheap diamond is not really hard to find if you just know how and where to find it. Visiting online shops, pawnshops and thrift stores that usually sell inexpensive jewelry pieces is a good start for your search. But then again, if you don't want to waste time searching, you can always go for clarity enhanced diamonds. They are generally inexpensive but have apparent high quality aesthetic appearances.

-Lorraine Jacobs

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