| Locating A Quality Diamond At A Discount Price
Many people search throughout the internet trying to find a source that shows what the current diamond price is for a particular cut, quality, and clarity of a diamond. The problem is that these sources are never accurate and the reason for this is because a diamond is not like a commodity like corn, oil, or natural gas. Diamonds are bought and sold by one major company who has a monopoly over the industry. The cut, quality, and clarity of a diamond represents another set of criteria that effects the price of a diamond. I have looked at multiple diamond pricing websites and you will discover that they are all diamond stores except for one called the "Rapaport Sheet". The diamond sheet is a good approximation of what diamond prices are at but it can still be about 30% off of what diamond prices are really at because of the skewing of prices that occurs when you go into the cut, clarity and quality of the diamond.
Strategy For Finding Current Diamond Prices On The Internet
We now know that the Rapaport Sheet is good but not the best tool for a novice to determine what the current diamond prices really are. One of the most popular types of diamonds that are sold in stores and worn by brides is the solitaire diamond. It is the rounded cut and it requires the most cuts off of the raw diamond to produce. That means the artist is wasting a lot of the raw diamond to get the finished product. Most people want this type of diamond so we will search the internet for this diamond. I would start with ebay and craigslist. On ebay you want to look for diamond resellers who have a very good positive feedback score. On craigslist you want to go with someone else when visiting someone regarding a potential diamond for sale. When searching on ebay you want to make sure the diamond for sale is not a clarity enhanced diamond. This is a diamond that has been filled with glass. To learn more about current diamond prices you should visit online consumer report who have a better explanation then I can give in this small article. |
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