I want to buy my wife a diamond ring. I clearly understand that diamonds are a very bad investment, so we do not plan to make any money on that ring in the future. However, if rainy day comes, I want to be sure that she is able to sell that diamond fairly fast and with as little loss of money (as compared to the original price) as possible. I also understand that it has a lot to do with where I buy the stone in the first place. But that issue should be mostly resolved by using the diamond search engine of this site
In other words, I am trying to find a type of diamond (size, cut, color, clarity and etc), which loses least of its value when re-sold. I understand, that just like in any other business (I work in sales myself), there are always certain types of mid-range items, which are more in demand than others. Hence, dealers are more eager to buy them and are willing to make less profit, knowing that it would be a easy "quick buck".
I was trying to identify such diamonds. My wife likes square stones, so princess cut was a no-brainer. As for the rest of Cs, I pretended that I wanted to sell the stone, which I am about to buy. After searching the Internet I realized that most of those "I buy diamonds" sites want stones of no less than 1 ct, no less than H color and no less than VS2 clarity. Anything below that seems to be either not wanted at all or paid with a penny on a dollar.
Are my conclusions correct or am I missing something? I mean, if I want to buy a stone, which, if need be, would re-sell faster and with a lesser loss of value I should chose from 1+ ct, H+, VS2+ ones? Or shall I go into G and VVS2 territory? I understand that round diamonds are somewhat more popular than princesses, but this factor I couldn't change I also understand that ever changing fashion makes certain types of diamonds more (or less) popular from time to time, so I am focusing on picking the best re-sellable diamond strikly from within the princess cut.
Any input would be greatly appreciated.
In other words, I am trying to find a type of diamond (size, cut, color, clarity and etc), which loses least of its value when re-sold. I understand, that just like in any other business (I work in sales myself), there are always certain types of mid-range items, which are more in demand than others. Hence, dealers are more eager to buy them and are willing to make less profit, knowing that it would be a easy "quick buck".
I was trying to identify such diamonds. My wife likes square stones, so princess cut was a no-brainer. As for the rest of Cs, I pretended that I wanted to sell the stone, which I am about to buy. After searching the Internet I realized that most of those "I buy diamonds" sites want stones of no less than 1 ct, no less than H color and no less than VS2 clarity. Anything below that seems to be either not wanted at all or paid with a penny on a dollar.
Are my conclusions correct or am I missing something? I mean, if I want to buy a stone, which, if need be, would re-sell faster and with a lesser loss of value I should chose from 1+ ct, H+, VS2+ ones? Or shall I go into G and VVS2 territory? I understand that round diamonds are somewhat more popular than princesses, but this factor I couldn't change I also understand that ever changing fashion makes certain types of diamonds more (or less) popular from time to time, so I am focusing on picking the best re-sellable diamond strikly from within the princess cut.
Any input would be greatly appreciated.