Buying a diamond engagement ring is quite a worthy purchase every man should be fortunate enough to make. Some who do not really know too much about jewelry and diamonds may feel as if they should just go to a store and pick out a ring which looks attractive to them. Although this may do the trick, there are better ways to choosing the best possible type of diamond engagement ring for your loved one. The following will list the top 10 secrets to buying a diamond engagement ring.
Shop Around
Perhaps one of the best secrets to keep in mind if you remember nothing else from this list is to shop around. Buying a ring of this type on a whim will most likely not lead you to the best deal or the best diamond. Therefore, take your time when shopping for an engagement ring, shop around and see what is out there to be purchased.
You Can Find a Beautiful Diamond Engagement Ring on Sale
You should also be aware of the fact that you are able to find an exquisite diamond engagement ring with a favorable price tag attached to it. This is not to say that you should limit your choices only to sale items but always feel free to peruse the sale counter when searching for an engagement ring to give to your future wife. Do make sure that it is a legitimate sale and not one that runs all year round.
Size of the Diamond Really Doesn't Matter
Another secret when it comes to buying an engagement diamond ring is that the carat size of the diamond is not really what matters when all is said and done. Although some may think that a bigger diamond equals a better diamond this is often not the case as cut, color and clarity all must be taken into account in addition to the carat weight of the stone.
Buying Online Is an Option
With today's technology, you can purchase almost anything online and the same is true for diamond engagement rings. For those who like the idea of an online purchase, there are plenty of websites which offer diamond rings for sale and may offer quite a good deal as well. Just be certain to get documentation stating the true quality of the ring. The online business should have a 30 day money back guaranty with no questions asked.
Buying the Ring with Wedding Bands Can Save Money
You may also find that if you are in the market for not only an engagement ring but wedding bands as well, purchasing all of these items together can save you money. Certain ring designers will produce engagement rings with matching wedding bands which you can purchase as a set.
White Gold Looks Like Platinum But Is Less Expensive
If your loved one likes silver-tone jewelry but you are unable to afford a platinum diamond engagement ring, consider buying one made of white gold. White gold is a good alternative as it looks like platinum but is much less expensive.
Jewelry Retailers Often Have One or Two Sales Throughout The Year
Another secret to buying a diamond engagement ring is that many jewelry retailers offer sales during the year. Some are holiday sales whereas others are a way for the jewelry store to get rid of the old inventory to make room for new products coming into the store.
Purchasing the Diamond and Setting Separately Can Save Money
You may also find that buying the diamond and setting separate from one another can save you some money. It also allows you to choose exactly the type of ring that you want and be able to see it before the stone is set.
Buying a Small Carat Size with Baguettes Is Sometimes a Better Deal
If you are searching for a diamond engagement ring with a lot of sparkle but you are unable to afford a large carat diamond, consider buying a smaller diamond but add baguettes to the ring. This will add sparkle and shine and not cost as much as a larger diamond may cost.
Consider Small Jewelry Stores Which Offer Personalized Service
For those who are searching for a jewelry store which will provide personalized service, you may want to buy the diamond engagement ring for your loved one at a small jewelry store. These jewelry boutiques are often run by the individual owner who will do everything possible to make your engagement ring shopping trip spectacular.
There may come a time in your life when selling your old diamond engagement ring is necessary. Perhaps you are divorced and wish to sell the old ring or maybe you have traded it in for a newer version. Whatever the case may be, there are 10 secrets to selling your old diamond engagement ring which every person should know.
You Don't Have to Sell to the First Person Who Offers Money for It
When you are offering your old diamond engagement ring for sale, make sure that you shop around for the best offer. There are a variety of companies and individuals which purchase this type of jewelry, therefore make sure that you get the best price possible after carefully pursuing your options.
Try Selling Online
The Internet is a great place to sell jewelry, even diamond engagement rings. If you are Internet savvy and have an old diamond engagement ring that you wish to sell, try looking into online jewelry dealers which purchase jewelry or websites such as eBay to see if you can get a good price for the old ring via any of these places.
Visit Local Jewelry Stores for the Best Price
You may also find that some of the best prices will be offered by local jewelry stores. They may want to purchase your old ring and give you a good amount for it as they feel you may come back as repeat customers in the future to buy jewelry from them. Therefore, never discount checking with local jewelers to see if they wish to buy your old diamond engagement ring from you.
Some May Want the Diamond or the Setting But Not Both
Keep in mind that you may also be able to sell the ring in its separate parts, i.e. the diamond and the setting separately. Some potential buyers may simply be interested in the exquisite diamond and not want the setting or wish to buy the antique setting but not the diamond. Therefore, you may get a better sale out of the deal by selling the two parts separately if need be.
Have It Cleaned Prior to Offering It Up For Sale
Another good secret which all sellers of old diamond engagement rings should keep in mind is that having it cleaned prior to offering it up for sale may enhance the value of the ring. Although many may judge the ring according to the 4 C's (cut, color, clarity and carat), having a clean and sparkling ring may make it that much more desirable.
Store It In a Safe Place to Keep It In Good Condition
Before selling your old ring and when you are in the process of finding a buyer for the diamond engagement ring, make sure that it is kept in a safe place where it will be kept in the best condition possible. This too will enhance the favorable attributes of the ring when viewed by potential buyers.
Try to Sell It with the Wedding Band(s) If Possible
You may also get a good amount for old diamond engagement rings which are sold as sets with the wedding band. Having a complete set may make the entire sale that much more worthwhile to the buyer which will reap a better price for the seller.
Consider Selling Via Auctions with a Reserve Price
An additional secret for diamond ring sellers is to consider selling the jewelry piece at an auction. This will allow the seller to set a reserve price whereby the ring cannot be sold for an amount less than what the seller wishes to receive. Auctions are a great way to sell an old diamond engagement ring and offer it for a minimum price where you will not have to take a loss.
Know the Ring's Worth
Knowing the ring's worth prior to sale will also help you to get the best amount in exchange for the ring. Having your ring appraised will let you know how much it is worth and may also make it an enticing attribute for potential sellers who want to get what they are paying for.
Don't Take Less than What It's Worth
Lastly, try not to take less than what the old diamond engagement ring is truly worth. There are many people who are interested in purchasing this type of ring therefore you are almost certain to find someone who will pay you a good amount for the ring that you are selling.
James Greene has sinced written about articles on various topics from Pets, Engagement Rings and Diamonds. James Greene is a Graduate Gemologist and Master Gemologist Appraiser. James has been in the jewelry and appraisal business for over 25 years and specializes in Insurance and estate appraisals. http://www.diamondmarketwatch.com. James Greene's top article generates over 60500 views. to your Favourites.