Introduction
So you’re ready to purchase your first diamond, but don’t want to spend too much money? This is a common concern among many people who are looking into buying diamonds. There are plenty of ways to buy diamonds on budget without having to sacrifice quality or beauty. The most important thing is knowing what you’re looking for and having some idea of what the market will bear before going shopping at jewelry stores around town:
Go for a smaller carat.
If you’re looking for a diamond on a budget, one option is to go for a smaller carat. A 0.68ct can be just as beautiful and sparkly as a 1ct stone! If you love the look of an oversize diamond but don’t want to spend as much money, this is a great way to save some cash while still getting something beautiful.
If you want your ring to last forever (which we hope) then it’s more important that the stone itself is high quality than how big it is! If you buy an SI1-SI2 clarity grade with G color (an excellent value), there won’t be much difference in durability between two different-sized stones with those same grades unless they were cut poorly (in which case neither would have lasted very long).
And when it comes down to it, most people aren’t paying attention enough detail when they’re admiring diamonds anyway so chances are no one will notice if yours isn’t perfect!
Try a fancy shape.
Fancy shapes are more expensive than round diamonds. They also tend to have more inclusions and are less durable. However, they may be easier to set in jewelry. You can find a fancy shape diamond with an SI1 clarity grade, which is a very good score when it comes to colorless diamonds.
If you’re looking for a budget-friendly shape, try an emerald cut or princess cut diamond instead of a round one that’s usually the most affordable option. If you want something different but still classic looking from what everyone else wears on their finger (and really who doesn’t?), consider these fancy shaped gems instead!
Look for imperfections in the diamond.
If you’re looking for a diamond on a budget, it might be hard to find one that is of good quality. However, there are several ways you can save money while still getting a great diamond.
One way to do this is by looking for imperfections in the diamond. Diamonds are graded on a scale of 1-10, with 1 being the best and 10 being the worst. The closer your diamond’s grade is to 7 or 8, the more likely it will be cheaper than others with higher grades. Look for stones with small chips or poorly cut facets that make them less expensive than other stones of similar quality.
Get a colored gemstone instead of a diamond.buy online from a reputable seller like James Allen or Blue Nile, who can offer you an unbeatable value when it comes to diamonds because they cut out the middleman.
If you’re looking to get a colored gemstone, then check out James Allen or Blue Nile. These are two reputable online retailers that offer an unbeatable value when it comes to diamonds because they cut out the middleman. You won’t find these gems anywhere else at this price!
Consider purchasing estate jewelry.
Consider purchasing estate jewelry.
Estate jewelry is any piece of previously owned jewelry, and it’s usually sold at a discount. Auctions and jewelers often sell estate jewelry, which can be very valuable if you find the right piece. The best part is that you don’t have to spend much money on an item since it’s already been used by someone else! Estate jewelry comes in many styles and designs, so there’s sure to be something for everyone out there looking for a deal on diamonds—both new ones or ones that have been worn before but still sparkle like they’re brand new! You can buy some great pieces online or even in person at an auction house if your heart desires one day!
Buy online from a reputable seller like James Allen or Blue Nile, who can offer you an unbeatable value when it comes to diamonds because they cut out the middleman.
The good news is that you have plenty of options when it comes to buying a diamond on a budget. If you’re willing to do some research on the Internet, there are many ways for you to get your hands on a beautiful stone for less than what the big jewelry chains charge.
James Allen and Blue Nile are two reputable online diamond sellers with huge selections and competitive prices. They cut out the middleman by selling directly from mines or dealers in Africa and other parts of the world, so they can offer an unbeatable value when it comes to diamonds because they don’t have any middlemen costs like traditional jewelers do.
Look for a lower color grade.
Color grades are based on the amount of color present in a diamond. The higher the grade, the less color there is in your diamond. However, although these lower-color diamonds cost less than their pricier counterparts, they can still look just as good when it comes to sparkle and shine. So if you’re looking for some savings without sacrificing beauty then consider purchasing a stone with a lower color grade!
Negotiate with the jeweler; you may be surprised at what you can get!
Negotiating with a jeweler is one of the best ways to save money on your diamond purchase. Remember, it’s not just about getting the lowest price possible; it’s also about feeling as though you got a good deal. Here are some tips for how to negotiate:
- Ask for a discount. A 10% discount is standard in the industry, but if you’re buying an expensive item such as a diamond ring, be sure to ask if there are any special offers available exclusively for customers like yourself—or maybe even if there are any other discounts they can offer.
- Ask for free gifts with purchase. Jewelers often include free gifts when selling large items like jewelry or watches, so don’t be afraid to ask about this possibility when purchasing diamonds! For example: “I’m looking at this engagement ring from ABC Jewelry Store and was wondering if I could get any free extras along with it?” You might receive something as simple as cleaning cloths or polishing spray (which will come in handy after all those weddings!), but more often than not these little perks can save you major bucks down the road.”
Don’t believe everything that you read about diamonds in advertisements – these are simply marketing tactics designed to entice you into buying, and may not correspond to what one would consider a good deal on such expensive items as diamond rings.
Don’t believe everything that you read about diamonds in advertisements – these are simply marketing tactics designed to entice you into buying, and may not correspond to what one would consider a good deal on such expensive items as diamond rings.
If an advertisement says that it is the “best”, or has “the best quality” or some other similar claims, check out the details below:
- If a diamond is described as “the best” or “top quality” – it will probably be priced at least twice as much as anything else with the same specifications. This means that there really isn’t any benefit in purchasing this type of product over another one with equivalent features and better value for money!
- Beware of retailers who try to sell their products at up to 60% off their suggested retail price! While this might sound like an incredible bargain at first glance (and will certainly attract some customers), if we take into consideration how much profit these businesses make after taking all costs into account (including wages for staff members etc.), then many retail stores won’t even make enough money from sales alone in order for them not only stay afloat financially but also grow bigger through investments made by shareholders (people who own shares). This means that most of these companies wouldn’t exist anymore within 5 years time due but instead collapse–this makes them hard workers who deserve fair wages too!
These ten tips will help you determine how to buy diamonds on budget, whether it’s through looking for imperfections in stones or going smaller with carat size!
- Buy online from a reputable seller like James Allen or Blue Nile, who can offer you an unbeatable value when it comes to diamonds because they cut out the middleman.
- Consider purchasing estate jewelry—it’s a great way to get a diamond at an affordable price with no risk of fraud or scams!
- Look for a lower color grade—this will help you save money on your ring while still getting something beautiful and sparkly!
Conclusion
We hope this article was helpful in understanding how to buy diamonds on a budget. Remember that you can always negotiate with jewelers and ask them what they have available before making any final decisions.