6 Tips For Buying A Used Diamond in 2023

At Diamocycle, we take pride in giving you the advice we would share with a valued customer. Our Family legacy in diamonds began in 1857, over 150 years ago. This installment of The Dispatch gives you 6 tips when buying a used diamond for 2023. When purchasing a used diamond, there are several important factors to consider to ensure you get good value for your money. Here is a guide to help you buy a used diamond:

1. Certification: 

Look for a diamond that has been certified by a reputable gemological laboratory, such as the Gemological Institute of America (GIA), the American Gem Society (AGS), or the International Gemological Institute (IGI). A diamond certificate will provide important information about the diamond’s carat weight, color, clarity, and cut.

2. Quality: 

Consider the “Four Cs” of diamond quality: carat weight, color, clarity, and cut. Used diamonds may have some visible imperfections, but the key is to balance quality with price.

3. Price: 

Compare prices from different sellers to ensure a fair price for the diamond. Keep in mind that the price of a used diamond will be lower than a new diamond of similar quality.

4. Seller Reputation:

 Buy from a reputable seller with a strong track record of customer satisfaction. Consider purchasing from a jeweler with a physical location or an online marketplace such as Diamocycle. 

5. Return policy: 

Ask about the seller’s return policy if you are unsatisfied with your purchase. A good seller should have a flexible return policy that allows you to return the diamond within a specific timeframe.

6. Appraisal: 

Consider having the diamond appraised by an independent gemologist to ensure you get a fair price. An appraisal will also provide a detailed description of the diamond’s quality and value.

Following these guidelines makes you feel confident in purchasing a used diamond.