The top 6 things you need to know when buying a diamond

With so many ring designs to choose from, figuring out how to buy the perfect engagement ring can seem overwhelming. After all, it’s one of the biggest purchases you’ll ever make, so you want to make sure you’re doing it right. Not only because there can be quite a considerable cost to accompany this purchase, but also because you want your partner to love it as much as you love them. If you are starting to feel overwhelmed about embarking on your search for the ideal representation of your love and commitment, don’t worry.

We’ve created a guide to take the stress out of the whole engagement ring search.

Here are the top 6 things you need to know to get the perfect ring your love will treasure forever.

1. Choose your diamond shape

, Education, Custom Engagement Rings Sydney | By Bassil Creations

The shape of your diamond is the launching point of your ring’s design. No shape is better than the other—it’s up to your personal preference (or your partner’s).

Roud Brilliants are the most popular diamond shape for engagement rings and give off the most brilliance. Others prefer a more unique shapes like a Cushion Cut or an Oval. Depending on the specific design of the ring, different shapes will suit a specific design more than others.

Here’s a brief overview of the most popular shapes:

  • Round: It’s the most sought-after shape and best highlights a diamond’s brilliance.
  • Oval: This shape complements long, lean fingers.
  • Emerald: Its large facets showcase excellent clarity.
  • Asscher: A square emerald that has an art deco feel.
  • Cushion: Created in the 1800s, this vintage style is predominantly square with rounded corners.
  • Princess: The broad, flat-top and pyramidal shape make a stone look larger than it is.
  • Marquise: This long, tapered style maximizes carat size.
  • Pear: A round-marquise hybrid looks extra delicate on a light, thin band.

2. Understand the 4Cs of Diamond Quality

The 4Cs of diamond quality will help you learn how to buy a diamond. This basic knowledge will not only unlock the mystery of a diamond’s quality it will also help you understand a diamond’s value and price. No matter how beautiful a diamond may look you simply cannot see its true quality.

Knowing more about the 4Cs of diamond quality will help you learn how to buy a diamond. The 4Cs provide you with the information you need to know the diamond’s actual quality.

  • Diamond Colour In most diamonds, the term actually refers to the absence of color. The less color in the stone, the more desirable and valuable it is. Some of these differences are not visible to the naked eye, but directly impact the overall quality and price of the stone.
  • Diamond Claritymeasures the amount, size and placement of internal ‘inclusions,’ and external ‘blemishes.’ Grades run from ‘Flawless,’ with virtually no imperfections, to ‘Included,’ which contain a significant number of imperfections.
  • Diamond Cut does not refer to a diamond’s shape, but to the proportion and arrangement of its facets and the quality of workmanship. The amount of brilliance, sparkle and fire in a diamond is determined by cut. Grades range from ‘Excellent’ to ‘Poor.’
  • Diamond Carat refers to a diamond’s weight. Generally speaking, the higher the carat weight, the more expensive the stone. Two diamonds of equal carat weight, however, can have very different quality and price when the other three Cs are considered.

3. Choose a jeweller as you would choose a doctor

Your jeweller should be armed with expert training, open to questions and able to explain how to buy a diamond in clear, simple language. A jeweller’s professional training can help you evaluate how knowledgeable he or she is. . As your personal diamond-buying guide, an educated jeweller will not only explain the 4Cs of Diamond Quality to you, but will also be able to demonstrate the differences between apparently similar stones. They will encourage you to compare a number of diamonds that fall in your budget.

If you have a very clear idea of what you want custom designing a ring with a private jeweller is a great idea. Without the overhead of a storefront, you’ll often find better pricing. You can also expect a more personalized shopping experience—from an initial consultation to review the 4Cs and determine the ideal diamond at your price point to picking a loose stone and choosing a setting, which can be pre-designed or handmade.

4. Insist On a Diamond Grading Report

, Education, Custom Engagement Rings Sydney | By Bassil Creations

A diamond grading report from an unbiased, scientific source such as GIA is more than important information, it’s proof of what you are buying. The differences in diamonds can be so subtle, even a trained jeweller can’t recognize them without lab verification. Insist that any diamond you buy come with an indisputable verification of its quality.

5. Have a Budget (And Priorities) in Mind

First, let’s clear up the misnomer that an engagement ring should cost the equivalent of three months’ salary. That was a marketing ploy created by De Beers in the ’30s, and shouldn’t impact your plans to buy a ring at all. In 2019 the average couple spent $7,829, but rest assured, you can find an engagement rings start from $3,000

What you buy will come down to how you prioritize the budget—be it the quality of the stone, the intricacy of the setting, or add-ons like small diamonds or engravings.

6. Find Ways to Save

No two diamonds are the same; prices differ based on cut, carat, clarity, and colour. To get the most bling for your buck, consider these tips:

  • Choose a 0.9-carat stone rather than one carat . The difference is nearly imperceptible but could save you as much as 20 percent.
  • Compromise on colour and clarity. If you’re willing to compromise on colour and clarity, you can get a larger stone. “My clients come in wanting an F color with very slight inclusions, but soon realize they can lower the quality to get a larger size or spend less money at the same carat weight,”
  • Pick a lower-clarity stone with a brilliant cut. Its many facets will hide imperfections. If you’re after a step-cut stone (Emerald or Asscher), choose clarity over color: These styles are cut to have wide, flat “tables” so even the smallest imperfection can be completely visible to the naked eye.