Diamonds are forever, as long as your diamonds are real. But, it's not always easy to tell if your diamonds are the real deal. If you're in the market to buy diamond jewelry, make sure you don't fall for a scam, especially if you're on a budget.
Here are eight essential tips to make sure you don't get scammed when buying diamonds.
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1. Find Out The Reputation of the Diamond Jewelry Seller
If you're buying your diamonds online, like on a website such as eBay, you want to make sure you're buying from a reputable seller. But how do you know if you can trust an online seller?
First, get to the bottom of some important questions. Find out how long this seller has been selling jewelry. Look to see if they have any negative reviews, and pay attention to how they handle negative feedback.
Another good seller is someone who's honest and transparent. This could be a seller who's selling their relative's diamond ring. Just make sure to get their heirloom diamonds verified with a lab report.
2. Avoid First Time Sellers Or Fake Accounts
It's risky to buy from a first-time jewelry seller. At the same time, it is possible for an account to be fake or spam. A seller can simply fake their reputation with a couple of tricks like selling low priced items to get good feedback.
Use your best judgment and make sure this deal isn't too good to be true. It's best to go with sellers that are certified gemologists or jewelers. In either case, it is helpful to get a full scope on the seller about who they are and what they are about.
3. Examine the Stone
Pay attention to the details of the stone. If you are buying your stone online, make sure you can have a guaranteed return if the diamond doesn't live up to its description.
There are a couple of things you can look out for to avoid a scam. Make sure the stone is natural and not a stimulant or made in a lab.
If the diamond is enhanced, it's worth a lot less than natural untreated stone, so its price should reflect that. In other words, don't overpay for a synthetic stone.
To ensure the diamond is real, before buying it, ask the seller to show you a reputable certificate. This could be from GIA or the Gemological Institute of America. This form will confirm the cut, color, clarity, and carat of your stone.
4. Know Where Your Stone is From
Another way to protect yourself from diamond fraud is to find out the origin of the stone. Often sellers will say something like “diamond is Kimberly Process confirmed.”
Kimberly Process is an organization founded in 2003 that certifies where international diamonds are from. Make sure the origin of your diamond is from a reputable source and is certified.
5. Find Out The Four C's
You'll want to know the four C's of your diamond. The four C's stand for the carat, cut, clarity, and color. Finding out the four C's of a diamond is a good way of stopping a scammer in its tracks.
When you're checking the four C's, make sure that the cut, clarity, carat, and color matches up to what the seller is promising. If you can't tell, trust your instincts, they're usually right.
Your best bet when shopping online is to work with real and reputable sellers. That way you have a better chance of getting what you paid for.
Another way to test the four C's is to make sure your diamond has a certificate to back up the clarity, color, cut, and carat weight of the diamond.
All good diamonds should have certificates to back this up from American Gem Society (AGS), Gemological Institute of America (GIA), or EGL USA Gemological Laboratory (EGL).
6. Know Your Carat
Jewelers often round up a carats weight. This scam could cost you hundreds of dollars. Here are the different weights associated with diamonds, 1/2 carat, 3/4 carat, 1 carat, 1 1/2 carat, and 2 carats.
But a diamond's weight is actually measured in decimals by jewelers. For example, a 1.03 diamond would be distributed as one point oh three carats, according to the Gemological Institute of America.
However, it's impossible to weigh a diamond after it's been set in a ring. So always make sure the jeweler gives you the weight of the center diamond.
Another way to avoid getting scammed by the diamond's weight is to buy your certified loose diamond and your setting separately.
This is how you can make sure you know the exact weight of your center diamond, and you don't have to rely on a jeweler who could be scamming you.
7. Verify the Carat Total Weight
It's easy to get scammed with the Carat Total Weight or CTW. This is actually the most common way to get scammed with diamond rings. The total diamond weight will tell you the weight of all the diamonds on the ring, while the diamond tag will only tell you the weight of the center diamond.
You need to know the weight and quality of the center diamond to compare prices. If you don't know this, you could be overpaying. This is because one large diamond is worth more than a collection of smaller diamonds.
For example, a one-carat diamond could be valued at five thousand dollars. While several smaller diamonds that collectively weigh one-carat might only be worth fifteen hundred. This is a big difference!
Always get the weight of the center stone to avoid scams. If they won't give it to you, then walk away this is a scam.
8. Stay Away From Half-Off Sales
You may see a half-off diamond sale and think it's too good to be true. And you're probably right. A lot of jewelers will mark diamonds up 400 percent and then offer 50 percent off. So you're really not getting a deal at all!
Get Your Diamond Today
Now that you know what to watch out for, get your diamond jewelry today. Make sure your seller is reputable, the stone is certified and you know the carat weight. For more online shopping tips, check out our website.