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Diamond Wholesale: What You Should Know About Buying Loose Diamonds

Diamond Wholesale: What You Should Know About Buying Loose Diamonds

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Diamond Wholesale: What You Should Know About Buying Loose Diamonds All Entries

Diamond Wholesale: What You Should Know About Buying Loose Diamonds

Diamonds are some of the most valuable gemstones on earth. While some buy diamonds for themselves, others gift them to their fiancés, sisters, and mothers. Besides their allure, diamonds boost confidence, exude status, and act as timeless love symbols. It’s not uncommon for women to inherit diamonds from their mothers and grandmothers. But diamonds are expensive. That is especially true if you buy them as rings, seeing the band contains other precious stones. That’s where diamond wholesale comes in. The trader purchases stones from the cutter before selling them as loose diamonds to the end-user. This presents a price advantage, unlike retail markets that incorporate cutting the diamond, setting it in a frame, and packaging it. Here’s what you should know before considering diamond wholesale.

Higher Risk

Buying diamond wholesale appears simple at first glance. But the process is more challenging than buying a stone and asking your jeweler to modify it. First off, loose diamonds aren’t always cheaper. Unscrupulous dealers might claim their diamonds are wholesale and sell them at retail prices. Not mentioning the cost of fashioning the diamond into your desired accessory. Sometimes, discounts are only available for particular amounts, disadvantaging those buying a few pieces.

Unlike ready-made ornaments, buying loose stones is time-consuming since you have to look for jewelers and favorable diamond wholesale deals. You also shoulder the risk of cracking and chipping when you purchase diamond wholesale. That’s not the case for mounted pieces where jewelers replace the stone if they damage it.

Check the Seller’s Legitimacy

You may want to explore your creative side with loose diamonds, but ensure the design is practical. You can check online ring creators for design ideas. The next step is finding trustworthy diamond wholesale dealers. First, look for GIA certification. Besides confirming a diamond’s originality, GIA certification lists gem qualities like thickness and depth. The document also facilitates resale and insurance. What’s more, ask about the seller’s return policy. That way, you’re refunded in the event of misrepresented grades or the giftee dislikes the diamond.

Note that vendors have different return policies. As such, understand each seller’s terms and conditions. For instance, jewelers may decline altered gems. They may also reject custom orders and discounted stones. Again, sellers should reveal product specifications and answer customer queries. You can also check their online reviews for client complaints. Moreover, diamond wholesale dealers should have lasted several years in the industry and worked with famous brands.

Remember the 4Cs

Although you shouldn’t limit yourself to the 4Cs when buying diamond wholesale, every gem buyer should understand this framework. The 4Cs include:

Cut: It measures a stone’s sparkle effect and the quality of its proportions. GIA ranks the worst and best cuts as “Poor” and “Excellent,” respectively. The diamond’s depth, face symmetry, and table width also come into play.

Color: It determines the gem’s purity. As such, colorless gems are more desirable than tinted alternatives. However, rare shades such as green and blue use different grading systems. Since mount reflection affects the stone’s color, it’s easier to assess loose diamonds than mounted ones.

Carat: It determines the stone’s mass, with one carat translating to 200 milligrams. A diamond won’t cost more just because it’s heavier. For example, additional weight may affect brilliance and price if a diamond’s cut is incorrect. 

ClarityThis is the absense of imperfetions in the gem. Besides surface defects (blemishes), check internal flaws (inclusions).

Diamond Wholesale Advantages

Although the process is complicated, buying diamonds wholesale presents numerous benefits. For more information about diamond wholesale, contact Ralph Mueller & Associates.