Just recently came back from St Maarten NA and the diamonds there are significantly cheaper. Plus they are tax free. The diamonds are not GIA but EGL certified. Would it be a smart move to purchase my loose diamond there? Has anyone had any experiences purchasing diamonds from St Maarten?
Diamond prices tend to be about the same all over the world... After all, diamonds are merely a commodity and as such they are sold based upon their characteristics... Do a search here on PS for the market differences between GIA and EGL graded diamonds... Get the information from seller regarding the proportions of the diamond and then be sure that you're comparing items of equal quality... Then buy your diamond in St. Martin if it makes sense to do so... Our experience is that you'll be able to buy the same quality item here in the United States for the same price once you know more about what you're buying...