Hi, I’m new to diamonds and have been looking through the forum, and seeing all the expert advice that has been given out. I was wondering if I could get a little advice. I’m in the market for an engagement ring, and here is what I’ve narrowed it down to, but please let me know if I should shift around to get a better value:
Shape: Round
Carat: 1.5 and up
Cut: Ideal
Color: I and up
Clarity: VS1 and up
Polish & Symmetry: Ideal/Excellent
Price: $13,500 max
Does this all sound reasonable? Any advice would be wonderful.
Ok, so now on to my questions… I’ve been flying solo, since I don’t really have friends/family who have gone through this. I’m so thankful that this forum exists.
1. Buying online vs. In store
It seems like the prices online are great compared to in-store. There is also no charged tax if I purchase out of state. I live in Florida (Naples) and it seems like the price of everything here is rather inflated, since we aren’t a huge metropolis (competition isn’t huge) and we are secluded from the large cities (Miami is 2 hrs away, Tampa is 1 ½ hr away). What do I need to look for when purchasing online, and which retailers are recommended? As of now, I have only been looking on Blue Nile and Whiteflash.
2. “Eye Clean” diamonds
I’ve read on here that you can go to a lower clarity as long as the diamond is “eye clean.” What is the recommendation when purchasing through an online retailer?
3. Importance of Cut
I didn’t realize the importance of cut before I read through the forums. Thank you! As far as online retailers, Blue Nile (Signature Ideal) and Whiteflash (A Cut Above) have cuts that they deem as the cream of the crop. Is it wise to compromise something else (such as clarity) to have a better cut?
4. Setting
Is it better to buy the loose diamond and set it locally, or is it perfectly reasonable to purchase the setting and the diamond from the same retailer (I am looking for a simple 6 prong setting with a thin band in platinum)? Also, do some online retailers have higher quality settings than others?
5. Certification
I would only be buying a certified diamond, which I would then have appraised locally, but is there something I should be wary about amongst different certifications (ie. AGS vs GIA)?
I want to say thank you again for all the posts that I’ve seen to help me become a little more educated on my upcoming purchase. Any and all help would be great!