Buying a diamond can be a daunting task. Some diamonds can be considered investments, while others will lose value over time, making them difficult to sell in the future, should you want to. There are a number of signs to look out for when hunting for the perfect diamond for you.
Every diamond should be certified at some point in their lifetime and it’s important to note by which organization the diamond has been certified. The two main certification groups are GIA and EGL and their quality of work differs greatly. Generally, GIA are considered to be the better of the two and are ranked number one in the world according to a survey of the world’s diamond labs by RapNet in 2013. A GIA certified diamond will sell for more than an EGL certified diamond even if the diamond has the exact same specifications. This is because the GIA certification is a more trusted and reputable certification than that of and EGL certification. So, be sure that your diamond has been certified by GIA rather than EGL. To gain a positive GIA certification, the diamond will undergo rigorous examination to determine its clarity and color.
Having faint fluorescence in your diamond usually isn’t a problem, and can sometimes make your diamond look even whiter in the sunlight. However, if the fluorescence is very strong in your diamond, it can have an oily or milky look, which can really undermine its clarity. Just because it looks like a perfect diamond in certain lighting, doesn’t mean it will in the sunlight.
High Color – Low Clarity
If you’re looking to get the absolute best bang for your buck when it comes to diamonds, you’re going to want to consider the diamond’s color to clarity ratio. The GIA grading system is used to determine the color of a diamond. This allows you to gauge how colorful, or colorless your diamond might be. If the diamond is colorless, you should make sure that it has little to no inclusions as they will show up a lot clearer in a colorless diamond. The more colorful your diamond the less clarity you’ll have to worry about as the color will make up for some of the minor inclusions. Finding the right color to clarity balance is important when considering your budget, so aim for a diamond that is near colorless with only very slight inclusions. Going for the perfect diamond will mean the price will jump up exponentially.
It’s important to take note of any treatment that the diamond may have had during its lifespan. If the diamond has been colored or had a fracture filled in, then it will be considerably less valuable, depending on how noticeable the fracture repair is. Some diamonds will also receive additional color treatment in order to make them appear more valuable. Several different kinds of color treatment exist today, and it’s the job of the GIA to determine whether a seemingly perfect diamond has been treated or not, as this will ultimately influence the diamonds market price.