Purchasing a diamond is an undeniably important decision to make. It is not only a costly commitment, but it often holds great sentimental value as well. Although, the reality of the situation is that most buyers unintentionally pay a lot more than what they should be spending on a diamond. This brings us to our next heading, how to know if you are being charged too much for your diamond jewelry? In this post, we are going to uncover the secrets behind pricing diamonds and help guide you so you don’t get tricked by overpriced diamonds. With the right information, you are less likely to get ripped off, which makes platforms like Rare Carat invaluable.
The Sparkling Truth About Diamond Pricing
Although diamonds are often considered a symbol of wealth, knowing how they are priced may help you not overspend. Their worth is estimated based primarily on The Four Cs; Cut, Color, Clarity, and Carat weight. The cut determines how brilliantly a diamond will sparkle, thus, a well-cut diamond will surely outperform a poorly cut one. Lastly, quality still takes precedence over quantity. Color, or lack thereof, also affects value. In this case, less color is better, and D to F grade diamonds tend to fetch higher prices. Near-colorless diamonds, however, sometimes fetch prices that are not warranted. Clarity pertains to the degree of visible defects in the jewel. The fewer the flaws, the higher the value. However, a majority of minute imperfections are not visible to the naked eye and do not affect appearance. Carat weight is a direct reference to size and it is well known that bigger diamonds are harder to come by than their smaller counterparts which makes them more expensive. All of these factors, considered together, give a diamond its value. It is also important to note that whereas some consider the size of diamond alone as its worth, a smaller diamond of sharper cut is usually of a better value. Rare Carat is an example of a tool that helps you compare diamonds from multiple retailers which in turn ensures the best offer and value.
How Retailers Mark Up Their Diamonds
A number of jewelers understand that diamonds are not only a buy, but are also an investment. And it’s pretty obvious they know how to capitalize on this perspective. Businesses increase the price of diamonds for various reasons including the cost of brand name, advertising, sales experience, and even the setting itself. But these, what we call, overblown markups do not always equate to the actual quality of the diamond in question.
Think. The luxurious piece of jewelry you are eyeing might just look stunning on the outside, but holds no value on the inside. In simpler words, you might just be spending extra bucks on an overpriced diamond due to the sheer prestige of the brand, rather than the true quality of the diamond.With Rare Carat, you can ignore marketing and analyze the price based on the Four Cs.
Ways to Identify an Overpriced Diamond that Will Save Your Wallet
Check this out! You might have wondered, How much is too much for a diamond? Turns out it’s not as complex as you believe.
1. Compare Prices Across Different Sellers
Where and how you buy a diamond will ultimately change the prices put on them. Most sellers will agree with me that the easiest and surest way to check if you are straining your wallet is by comparing single diamonds sold at multiple sellers. Multiple retailers can make or break a deal. With tools such as Rare Carat, you can easily compare the diamond price offered by multiple sellers and know the real value of your diamond. Your days of going shopping while being kept in the dark about the market price of jewelry are over!
2. Don’t Skip Certification – It Is Important!
Certified diamonds are critical if you want to be calm, rational, and collected when buying them. Buying a certified diamond guarantees you that it has been graded by a world-renowned gemological institute, such as the GIA (Gemological Institute of America). Without certification, there’s always doubt if you are getting what you are paying for. Certification mitigates ambiguity, and relieves you from the worry of paying too much for gems that are marked high-quality, but are not.
3. Watch Out For Markups In The Setting
Usually, the biggest factor fueling the cost of diamond jewelry is the setting. Manufacturer markups and designer settings like fancy флешки can cost a fortune, driving the price of your diamond further over the edge. What most people do not know is that they can save money by purchasing the diamond on its own, then selecting a cheap setting. By using tools such as Rare Carat, you can evaluate simple settings against the diamond’s cost easily, and decide whether the setting justifies the price.
4. Higher Cost Doesn’t Always Equate to Higher Quality.
Being offered jewelry pieces from top-tier designers might be a great opportunity. But buyer’s remorse can hit when you realize you are paying for a name instead of what you get. Designers will oftentimes charge a very expensive markup just because of their label. With Rare Carat, you can compare diamonds and skip the designer prices. To make things even better, you could receive the same quality without the additional charges.
Best Deals. Best Offers with Rare Carat
Rare Carat changes how you buy diamonds. It’s an easy-to-use platform that allows you to obtain the best deals by comparing diamonds from multiple stores. Unlike other brands, Rare Carat makes it easy for you to access up-to-date prices for diamonds, preventing you from ever paying more than you need to. If you are in need of a diamond with a specific type of cut or a lab grown diamond, Rare Carat is the platform that allows you to make the best decisions.
Simplicity does not only come from making sure you won’t have to deal with being charged way more than you should. Rare Carat also gives you clear honest information about the quality of diamonds and their certification. Each piece of diamond jewelry will make you finally feel like you know what you are getting.
Conclusion: Make Better Purchases Using Rarer Carat
Ultimately, purchasing diamond jewelry shouldn’t have to include an extra fee simply due to the piece twinkling in front of you. By using the proper tools and information, you can make decisions without being scammed into dishing out more for the diamonds than what it is actually worth. Rare Carat has ensured that the world of diamonds does not have to be confusing to navigate and that there is value in your payment.
