How To Save Money When Buying Diamond Jewelry

How To Save Money When Buying Diamond Jewelry

Buying diamond jewelry can be an expensive endeavor, but it does not have to be.  There are a number of ways that you can save money when you buy this type of jewelry.  Some of these points should be completed before you step foot in a jewelry store while others need to take place once you have your sights set on the jewelry that you want.

Set Your Budget

The key to saving money is knowing how much you can actually spend.  This is why you need to set a budget for your jewelry purchase before you head to the stores.  It is very easy to get carried away in the store between the bright lights and the sales people.  Your eyes will be drawn to the largest and most dazzling diamond in the store, whether you can afford it or not.  

When you set your budget, you need to determine a maximum amount that you are able to spend.  You should not actually spend this full amount when you reach the store. This is going to be your hard limit and you are not going to pass this.  If you feel like you are going to cave when you are in the store, you need to take a step back to ensure that you do not overspend.

Know The 4 Cs of Diamonds

You might have come across the 4 Cs of diamonds before, but you need to take the time to learn about this.  These features will determine the price of the diamond in the jewelry that you want to buy. If you do not know what the 4 Cs are, you could end up paying more for the diamond jewelry than you should.

The first of the 4 Cs is the cut of the diamond.  This will measure the overall craftsmanship of the diamond.  The better the cut, the more expensive the diamond will be and there are certain cuts which will also cost more.

The second is the color of the diamond.  The most expensive diamonds will be those that lack color.  This means that a diamond which is colorless will be more expensive than a light yellow diamond.  This can work to your advantage because the grades between colors can be miniscule and you will not be able to determine them with the naked eye.

The third is the clarity of the diamond.  This will refer to the blemishes or inclusions of the diamond.  The fewer blemishes and inclusions the more expensive the diamond is going to be.  Again, this will generally not be visible to the naked eye which means you can buy a lower grade without noticeable issues.  

The last of the 4Cs is the carat of the diamond.  This will be the physical weight of the diamond and is very important.  Carat is the primary price factor that you have to know about because the higher the carat, the more the diamond will cost. Visit here to learn more about diamonds.

Avoid The Holidays

If you want to save money when shopping for diamond jewelry, you need to avoid buying around any gift-giving holidays.  At these times, jewelers will generally increase their prices because there is greater demand for the jewelry. If you are buying the diamond jewelry for a gift-giving holiday, you need to look at buying it early if possible.  


If you do have to buy at this time of year, you need to get to the stores early.  This is due to the fact that all of the bargain-priced diamond jewelry will sell out quickly.  Leaving your diamond jewelry purchase to the last minute will not help you save any money because in these cases, the early bird gets the best diamond jewelry.  

Pick Carat Fractions

When you look at the diamond jewelry, you have to carefully consider the carat size that you look at.  If you want to save money, you should look at diamonds that are under the magic numbers. Round figures should be avoided as they will have a much higher cost.

Going for a lower carat size does not always mean that you are getting a visibly smaller diamond.  A 1.50 carat diamond will have the same appearance as a 1.47 carat diamond. The primary difference will be the price with the fraction carat being around 15% cheaper than the 1.50 carat one.  Choosing a slightly smaller diamond could end up saving you a lot of money.

Carefully Consider The Setting

The setting of the diamond is important when you look at diamond jewelry and will impact the price you pay.  If you are looking at a ring, you need to consider a halo setting. This setting involves a circle of diamonds around the center stone which will make a smaller primary stone look larger than it actually is.  

A simple setting will generally reduce the costs of the jewelry and you need to consider this.  When you buy diamond jewelry, it is the stone that you want to shine which is what a simple setting can do.  This will ensure that you get jewelry that you want at a price that is right for you.

Be Skeptical Of The Price

If you find diamond jewelry for a low price, you need to reconsider the item.  Very low prices should be a red flag as there could be something wrong with the diamond or the other aspects of the jewelry.  The fact that certain faults are invisible to the naked eye can play a role in the low price such as blemishes within the stone.  

Another reason for the low price could be that the diamond does not have a certificate of authenticity.  It is important that you have a certificate for the diamond to ensure that it actually is what the jeweler says.  The best certificate will come from the American Gemology Society.

There are a number of ways that you can save money when you buy diamond jewelry from This will include buying the jewelry at the right time and understanding what makes the jewelry expensive.

Samantha hails from Virginia and is a proud wife to a retired Deputy Sheriff and mother to two amazing little boys named Jack & William. A veteran product reviewer; Samantha has been reviewing products for 8 years and offers high quality product reviews with original photography.

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