Tuesday, July 20, 2010

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

The diamond is considered as one of the most sought after gemstones 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. Because of the many beautiful things that such gemstone encompasses and the troubles associated with its mining, owning one could cost a person an arm and leg. If you are on a tight budget and are looking for ways to secure cheap diamond, don't fret, there are certain things that you can do to get this prized possession in just a fraction of its original value.

As a good start, try going online and look for online jewelry shops that sell inexpensive jewelry pieces. Online jewelry shopping is a very practical means to come up with an inexpensive diamond because compared to local jewelry shops that usually place markup prices on their diamonds to cover their overhead expenses, online jewelry stores offer their clients with competitive prices in such a way that they don't incur additional costs often induced by overhead expenses. You can also engage in online diamond auctions usually facilitated by longtime jewelers. Purchasing online saves you money, time and energy.

If you don't have issues with purchasing pre-owned items, then you can personally purchase your diamond 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. Similarly, if you really wanted to utilize this option, prepare yourself for series of disappointments because it is more likely to happen that you'd be leaving shops without diamonds at hand, but if you're lucky enough you might end up with a good diamond deal.

Another reliable approach you can do to secure a cheap diamond is to purchase loose diamond. A loose diamond is economical because aside from being a real sparkler it hasn't been used for any jewelry production process; therefore you can buy it in its purest state. It would be more practical to buy loose diamond than to purchase a diamond set on jewelry because you are not required to pay for the metal used for the jewelry, the services, warranty as well as the gift casing often included in ready-to-wear diamond jewelry pieces. With loose diamonds, you can be as creative as you want and make your own customized jewelry designs.

Downgrading is also preferable to get cheap diamond. Downgrading one or two of the 4Cs of diamonds can profoundly affect their market value. If you're worried that downgrading can alter the quality of your diamond, don't fret because downgrading only induces very little or no discernible reduction on the quality of a sparkler. 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.

Lastly, if you're budget won't permit you to buy either flawless or downgraded diamonds, clarity enhanced diamonds are good alternatives. Try to remember that all diamonds, with an exemption for the very rare and flawless ones, have character flaws called inclusion or imperfection. The inclusion is what determines the clarity grade of a diamond. As such, when referring to clarity enhanced sparklers they are the ones that have imperfections corrected by processes like irradiation, filling imperfections and laser drilling; however, these enhancements, thought they affect the value of diamonds, have unrecognizable impact on the aesthetic appearance of such gemstones.

Inexpensive jewelry pieces are hard to find nowadays, unless you wanted to settle for something that is low on quality. However, when it comes to gemstones, you can purchase cheap diamond in the form of clarity enhanced diamonds. Although they don't exemplify the same quality as that of flawless diamonds, these touched-up pieces are also good finds because aside from their low price tags, their enhancements are truly hard to discern by untrained eyes.

-Lorraine Jacobs

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