Many high quality diamonds are sold loose. With loose diamonds, you can get them customized; you can get exactly the shape, size and quality you want. You can use that loose diamond in an engagement ring or jewellery design you want. However, buying a loose diamond can be quite complicated as you will have a lot of choices to make. Here are a few things that can help you choose the right loose diamond.
- Make sure that the diamond is certified by GIA or AGS
You should always buy a certified diamond. To make sure that you are getting the right diamond, the diamond must be certified with the grading report from Gemmological Institute of America. The diamonds which are created by one of these leading labs are generally considered to be accurate and impartial. It is always recommended that you have your GIA diamond grading report number engraved on the griddle of your loose diamond; this can easily help you identify it and confirm it is the diamond on the grading report.
- Choose your shape
One of the important steps to find the best loose diamond is to choose the right shape. The most popular shape is the round shape. However, there are other shapes available as well. You can buy an even better cut diamond, like, a round brilliant heart and arrow diamond which demonstrates superior light performance. You should also know that round cut diamonds is one of the most expensive loose diamonds, so by planning to buy other shapes you may save up to 20%.
- Set your budget
One of the main steps in buying the right loose diamond is setting your budget. You should know beforehand how many thousands of dollars you are going to spend. It is recommended to make a choice based on your priority, whether you are prioritizing quality, even if it means smaller or prioritizing size, even if it means lower in quality.
- Be responsible
It is always important to buy your loose diamond from a company that has goodwill. The company you are buying the diamonds from should demonstrate a commitment to responsible sourcing.
- keep your diamond safe
You should always try to keep your diamond safe; you can do this by storing it individually in a parcel paper or a plastic box along with its grading report. If you have decided to store your diamond in a box, always make sure that there is a form to hold it in place. Never wrap a loose diamond in a twist of paper or cotton. It is always recommended to buy a Jewelers mutual policy.
- Get ready to get set
Now that you have purchased your beautiful, it’s time to set it into an engagement ring or a piece of jewellery. You will find plenty of options to set your loose diamond. For example, if you are planning a surprise proposal with this diamond, you can choose to do it with or without a surprise ring.