What Does A Diamond Dealer Say About Diamond Market?

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(Newswire.net — April 9, 2020) — If you are in that phase of your life where you think that you need to know a thing or two about diamonds, then you’ve come to the right place. What’s the best way to know about diamonds than from the diamond dealers themselves? 

Here are some of the critical things that Houston diamond dealers have to say about diamonds that you must know:

About the Prices 

Most of you don’t know this, but dealers get the updated price list of the diamonds every week. It is given to them in the form of a sheet called Rapaport. The diamond is set Dollar per carat for different sizes, colors, shapes, and clarity. It is the reason, the prices of diamonds increase as the clarity and size increases and vice versa. 

About the Quality 

The quality of the diamond depends basically on the following things:

  • Cut
  • Color 
  • Clarity 
  • Internally Flawless (IF)
  • Carat 

A good dealer will let you know about these characteristics of the diamond in detail, but still, you should have some prior knowledge about these parameters. It will help you make an informed and educated choice, and you’ll not end up overpaying for the diamond you are buying. 

About the Laboratory Certifications 

The most important thing about your diamond is the diamond laboratory certification. You need to make sure that every time you purchase a diamond, it is certified by a highly reputed laboratory. Otherwise, it will have very little resale value, or you may not be able to resale it at all. It is because the dealer always prefers highly certified diamonds. 

About the Second Hand Market 

The second-hand market for the diamonds is not totally fair, but if you are able to find a good company or dealer, then you might be able to get a reasonable rate for your diamond. Another way to sell your diamonds is to sell them privately to your friends or family.