Diamonds mark a special moment in everyone’s life as it is usually associated with a union of two people for life. Therefore, it receives a lot of importance in the market. When you approach the market, however, the professionals speak of various properties to confuse you. This is why you need to know about the most common mistakes you may make regarding the diamond purchase. Below is a discussion on some of the most common mistakes that people make while buying diamonds like a 1 carat ring.
Not Getting a GIA Certification
The GIA or the Gemological Institute of America is considered the benchmark institution for grading and certifying diamonds. Users can feel confident about buying diamonds if they come with a GIA certificate. The grades provided by GIA is said to be more accurate than most organizations. The grading includes consideration of 4Cs. They do this better than other organizations. Note that other uncertified stones and certifications grade diamonds above the grades assigned by GIA. This means you end up paying a higher amount for inferior graded diamonds. GIA works with reputed dealers and hence you may trust its grading.
Not Doing a Personal Research
Another common mistake that people commit is that they rush into purchasing diamonds without deciding the parameters first. You need to decide on certain things like budget and interests before you go purchasing diamonds. This is important because the market is highly competitive and hence the chances of getting tricked are higher than before. With the right knowledge and objectives, you will be sure of what you are looking for and would be aware of the price range to expect.
Following Three-Month Salary Rule
There were times which said that you should spend three months’ salary on your diamond. These are outdated and there is no necessity to follow this rule strictly. It is always recommended to buy within your capability. After all, diamonds mark a happy phase of your life and you should burden yourself through outdated customs.
Fancying a Colorless Diamond
Colorless diamonds are considered the most precious of all diamonds. However, they cost a fortune and may burn a hole in your pocket. Therefore, you may opt for cheaper alternatives such as G-H range diamonds. These appear as good as the colorless diamonds and cost a lot cheaper.
Make sure you keep the above factors in your mind as you purchase any one carat diamond.