How To Buy Rough Diamonds

Diamond stones are costly. Do you know that the quality of the diamond cut and its processing add value to the stone? One way to save and earn profits on diamonds is by learning how to buy rough stones, have them cut and polished by an expert cutter. But due to great financial dangers and lots of scams involved in this process, it is not at all simple.

Written here are seven fundamental tips on buying rough diamonds.

Rule #1: You should be able to classify the rough diamonds

Before you buy rough diamonds, begin by knowing the basics; this may include the color tests, crystalline structure, pricing, etc. That’s it, unless you can hire a specialist to make the assessment for your sake. Classification of rough diamonds is not the same as the 4Cs of cut or polished stones.

Rule #2: Purchase from a reliable source

We need to use our common sense and be careful about unreliable sellers even if their stipulating good prices. There are numerous cases of scams and unauthorized transactions can bring you a lot of legal trouble.

Rule #3: Examine rough diamonds in daylight lamp with your own tools

Bright and proper lighting is important in examining rough diamonds; without it the true color may be hidden or altered.  Also, having your own tools for examining rough diamonds would be helpful if you want to invest in this kind of diamonds.

Rule #4: Quality rough diamonds is important

Have the rough diamonds appraised by a lab or independent appraiser so that you can return them if they do not meet your criteria of quality.

Rule #5: Have a skilled cutter for your rough diamonds

Whether the rough diamond is for your own use or for reselling, you will need to have it cut. Improper handling and poor workmanship can ruin your investment so you need to be cautious in choosing your cutter.

Rule #6: Have your rough diamonds appraised before and after

If the rough diamonds have been exchanged for another lower quality, it won’t be easy to tell. To ensure that this does not happen, have an expert appraiser do an appraisal before and after cutting the rough diamond.

Rule #7: Be sure to purchase conflict-free stones only

Avoid blood diamonds, not only to support human rights but because they are difficult to sell even at lower prices. In your purchase of rough diamonds, ensure that it has the Kimberly process certification.

To sum up, it is necessary for one to have a significant understanding about diamonds if he intends to purchase rough diamonds. If the purpose of your acquisition of rough diamonds is to have a cheaper alternative or to gain profit by reselling them, be sure you are willing to give time in order to learn the mechanics of the diamond industry.