There is an important and well known difference between wholesale and retail, which is seen in the nature of purchasing and re-selling of goods, and it is the retail businesses who in turn sell to the public. This means that the highest prices are usually those charged by the retailers, and wholesale diamonds are no exception to this principle.
This difference in price explains why so many diamond dealers are now advertising gemstones at prices lower than what retailers are asking. However, this advertising can be misleading. It is still important to do your own homework on precious stones, especially since there are so many to choose from.
In the industry, diamonds are assessed according to the four Cs: carat weight, color, clarity and cut. The carat weight is the mass of the stone in carats. One carat is equal to 200mg. However, it is not possible to use carat weight as an indicator of price, since the price of a gem depends on other factors too.
The color of a gem may not be noticeable to the untrained eye, but the more color a diamond contains, the less it is worth. Colorless or 'white' stones are sought after and are the most valuable. The clarity of the stone is also important. Blemishes and inclusions in the stone negatively affect its value.
The fourth characteristic, namely the cut, is man-made and plays a large role in determining the price of the gemstone. It is the cut that determines to what extent the gem reflects light. It is the reflection of light that gives rise to the diamond's brilliance. A poor cut allows too much light to pass through the diamond, but may be used to conserve as much of the stone's weight as possible. A poor cut means a lower price.
In selecting the right diamond for you, try to apply these factors to possible options. In doing so, you will prevent yourself from paying too much. Having the right information is critically important when purchasing wholesale diamonds.
This difference in price explains why so many diamond dealers are now advertising gemstones at prices lower than what retailers are asking. However, this advertising can be misleading. It is still important to do your own homework on precious stones, especially since there are so many to choose from.
In the industry, diamonds are assessed according to the four Cs: carat weight, color, clarity and cut. The carat weight is the mass of the stone in carats. One carat is equal to 200mg. However, it is not possible to use carat weight as an indicator of price, since the price of a gem depends on other factors too.
The color of a gem may not be noticeable to the untrained eye, but the more color a diamond contains, the less it is worth. Colorless or 'white' stones are sought after and are the most valuable. The clarity of the stone is also important. Blemishes and inclusions in the stone negatively affect its value.
The fourth characteristic, namely the cut, is man-made and plays a large role in determining the price of the gemstone. It is the cut that determines to what extent the gem reflects light. It is the reflection of light that gives rise to the diamond's brilliance. A poor cut allows too much light to pass through the diamond, but may be used to conserve as much of the stone's weight as possible. A poor cut means a lower price.
In selecting the right diamond for you, try to apply these factors to possible options. In doing so, you will prevent yourself from paying too much. Having the right information is critically important when purchasing wholesale diamonds.
About the Author:
To buy loose diamonds, and wholesale loose diamonds at cutting factory prices, simply call or visit Investment Diamond Exchange (IDX).
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