Online Diamond Buying Guide

Tuesday, July 13th, 2010 at 3:17 pm

Online diamond purchase is a better choice; you can compare different stones at varying reasonable costs, you can even avail of lower discounts. Online purchase is secure, convenient and in most cases, tax-free; you only need to know how to go about it.

Important Info: We recommend you check out Diamond Ring Shapes For our full in-depth look at diamond shapes.

Know these easy methods of buying diamonds on the internet.

Tip #1: Understand the language of the diamond industry

Get to know about the important things regarding diamonds; you can check the web as to how reputable bodies grade the diamonds, check out the American Gemological Society (AGS), Gemological Institute of America (GIA) and others. Read through the description of each stone that you view; do not be swayed by the pictures that you see.

Tip #2: Deal only with trustworthy online agents

If the dealer follows honest and ethical standards, it will be evidenced by a certification issued by such bodies on the net as BBB (Better Business Bureau). It will also help if the dealer has an affiliation with a private or public trade organization that is related with the trade like the Jewelers Board of Trade (JBT).

Tip #3: Compare various samples before you settle

Do not close the deal as soon as you have found the diamond of your preference and budget. There might be other diamonds for similar prices but better deals.

Tip #4: Have an appraisal of the stone

This is one thing you should not miss for any purchase of diamond. The appraisal should be made by an independent appraiser. It should not come from an in-house appraiser or someone contacted by the vendor. Additionally, be careful about appraisers who make buyer recommendations.

Tip #5: Product returns policy

Be certain that all the necessary data about the vendor return policy is clearly written and you have understood them. If you are confused about it, ask for explanations; or if not, simply walk away. Trustworthy dealers would accept returns in case their grading report does not match with that of the independent appraiser’s.

Tip #6: Issues about product shipment

Look closely at the package before accepting it; it should be properly sealed, without damage or signs of tampering . Until you sign for the shipment, it remains insured by the vendor or appraiser. You take responsibility for the diamonds once you have signed the acceptance paper. If you have any suspicion, contact the courier company; do not sign for the package.

Tip #7: Payment-related issues

Online payments through credit cards are preferred in order to prevent fraud due to vendor misrepresentations. But it is important to know your credit card company’s chargeback procedures and policies.

We strongly recommend you check out Online Diamond Store Reviews For our full in-depth look at online diamond retailers or you can visit Best Diamond For Your Money to be sure that you get the best diamond for your money