So you have decided that it is finally time to choose an engagement ring. Whether you are the future groom to be and have popped the question, or choosing to find the dream engagement ring together as a couple, here are the 5 steps you need to follow when choosing an engagement ring. 

choosing an engagement ring

 

1. CHOOSING AN ENGAGEMENT RING STYLE

Advice for the guys when choosing an engagement ring – This is ground zero and the first thing you should try and tie down. If you are going alone, try and choose a style that compliments her current jewellery tastes. If her style is vintage, then look for Art Deco designs. If she is more of a traditional girl, then a classic solitaire design is likely to be the winner. If you really get stuck, have a look at her Pinterest, Facebook and Instagram profiles. You are sure to find plenty of pointers there, about the style of ring she loves.

For the ladies – When choosing an engagement ring, try on as many different styles as you can.  Look for the things you love in each design. A skilful designer will be able to combine all the different things you love into your one dream ring. You will know when you find “THE ONE” it will be the design that makes your heart skip a beat. 

Advice tip – Don’t worry if you can’t find your dream ring in any of the stores you visit. If you could find it everywhere, it probably wouldn’t be as special and you wouldn’t love it as much. 

At this stage of your journey forget about the diamond size, quality and budget. If you only ever look at a particular budget you might miss your dream ring. Once you have found your dream engagement ring, a professional jewellery designer should be able to customise your dream ring design to suit any budget or stone size. 

2. THE STONE SHAPE

choosing an engagement ring diamond

In the beginning when you are choosing an engagement ring you really want to just focus on what shape diamond. Do you love the traditional round brilliant cut diamond? Or are you looking for something a little more modern in the princess cut? If your partner has long slim fingers than maybe a fancy cut diamond like the pear, oval or marquise cut diamond might be ideal.Also consider whether it is a single stone ring you are after, or whether you would like to have shoulder stones. If you are wanting to have shoulder stones in your engagement ring, explore all the options. Whether to match the shape of your centre stones to your shoulder diamonds is really a personal preference. 

 3.THE QUALITY

This can sometimes be one of the most challenging elements to balance. Do you go for a larger diamond of lower quality? Or choose a diamond that is slightly smaller and more brilliantly cut? At the end of the day, where the diamond sits on the 4C’s will not only tell you how beautiful the stone is, but ultimately how much it costs. While everyone’s preferences might be slightly different, it is important to compare a number of stones side by side, to see which diamond appeals to you the most. As a rough guide, try and stick with an excellent cut grade, D – F colour, VS – SI clarity, and wherever the size fits within the budget. If you really want to learn more about why one diamond appears more brilliant than another, the best advice is to go to a jewellery store with a qualified diamond grader. Someone who can break down exactly where your diamond sits in the cut and quality spectrum. 

4. METAL CHOICE

choosing an engagement ring metalOne of the common questions raised when choosing an engagement ring is whether to go with platinum or white gold. The usual advice that I give to new clients choosing their engagement ring is “Do you have a spare $1000 dollars?” As this is usually how much the upgrade to platinum will cost. If the answer is yes, then by all means upgrade your metal choice to platinum. If No, then 18ct white gold is still an exceptional metal choice. For some clients, it might make more sense to upgrade their diamond to a larger or better quality stone, rather than upgrading their metal. 

5. THE BUDGET

This is the last thing I often go through with couples and men that I see when they are choosing an engagement ring. Once you have found the design that you love, it is really easy to make it with a different size centre stone. While some might have you believe that you need to spend 3 months salary (before tax and including bonuses), the truth is that you just need to pick a figure that you both feel comfortable with. This is something special that you are going to have for a very long time, and you want to make sure that it is something that you can be proud of for many years to come. Whatever your maximum budget is, spend it and try and get the best quality you can. In the years to come, you will never regret the money that you spent. 

Above all else, enjoy the process of finding and choosing an engagement ring. Your diamond consultant is there to help guide you through your journey. It should be an experience that you will never forget, and one that will bring you happy memories for many years to come. If you would like someone to help guide you through your journey of finding your perfect engagement ring, we always on hand to help you. If you would like to make an appointment to see one of our diamond consultants, please feel free to email us

 

 

Buying a diamond engagement ring is not only a big emotional commitment but a significant financial one for most couples. While the internet is usually a great tool for conducting some initial research before buying a diamond, it can become difficult when you need to make a price comparison. The key piece of advice that i give my clients is – Don’t believe everything the diamond certificate tells you. After all it is only an opinion, graded by humans, who as we all know are prone to mistakes.

Buying a Diamond Tips

1. Certificate type

While the GIA is considered one of the most renown independant certificate on the market, there are some certificates that are really not worth the paper they are written on. Some are consistently at least one colour grade and clarity grade out. (to the downside) So while it might seem cheap on face value, it isn’t when you compare what you are actually getting for your money.

2. Excellent cut grade – What does that mean ?

cut

It used to be that approximately the top 20% of stones received an excellent cut grade, today this figure is probably closer to the top 40%, as the parameters for an excellent cut grade are widening. The diamond grading laboratories like Google won’t tell you when they move them. You just need to know exactly what a perfect cut diamond looks like. Where you sit in this spectrum will not only be seen in the brilliance of the stone but the price as well. Make sure that when you are buying a diamond you don’t pay for a top 10% cut grade stone, when you are actually getting a top 30%.

 

Buying a Diamond Tip – Never buy a diamond with a table facet greater than 60%

3. Independently check your colour grade.

Colour grading can be affected by so many variables. How tired was the diamond grader at the time and things like excess coffee can all affect the way we perceive colour. The margin for error is so small, that it only takes a small error to cost you thousands depending on the size of diamond you are looking at. Make sure your diamond is checked by a qualified diamond grader. The colour on the left is an F colour and the one on the right is a H colour. diamond colour

Diamond1

4. Clarity grade – inclusion location

If you were deciding between two diamonds – one with an inclusion in the middle of the stone or one with a mark on the edge of the stone (that can be covered) i am sure you would choose the one on the edge. It is for this reason the diamonds with marks in the middle (table facet) are discounted and made cheaper. When buying a diamond always aim to have a girdle (edge) inclusion. 

5. Fluorescence

A little understood characteristic. Basicly it is the way the diamond responds under ultraviolet light (like the one in discos). Anything slight to nill is ideal. Some medium fluorescent stones can be ok, but you really need to be careful as they can sometimes make the diamond look cloudy (which reduces the brilliance). Strong fluorescent stones are to be avoided – and they are much cheaper. 

Buying a Diamond Tip – Never buy strongly fluorescent diamonds

6. Laser inscription

This is a little be a nice to have – not need to have. The inscription is only on the surface of the stone. If someone wanted to, it is possible to have it polished off by a diamond cutter. So don’t discard a beautiful stone just because a stone doesn’t have a laser inscription 

7. Not consulting a diamond expert

For complete piece of mind, it is always important to see a diamond expert when buying a diamond. You wouldn’t take your car to be serviced to someone that just sold tyers ? Like jewellery there are some who specialise in diamonds and some that just sell general jewellery. A diamond specialist will not only be able to tell you why a diamond is a better quality but be able to show you and answer any question you have about your diamond. Buying a diamond tips - consult a diamond expert

At the end of the day, unless you want to look at your diamond certificate on the anniversary of your purchase every year, the diamond paper is not as important as finding the most brilliant diamond. 

If you have found this helpful or have something you would like me to answer, please email me directly and i will answer any question that you have. 

If diamonds would sparkle more in claw settings, then i am sure that almost every diamond ring would be set that way. Understanding the way a diamond sparkles has more to do with the cut of a diamond than it does the setting that it is in. A diamond owes its sparkle to the precision of the diamond cutter. The way the diamond cutter expertly cuts and polishes every facet to be within the smallest of margins allows the light to bounce around inside the diamond and exit through the top of the stone. 

Diamond Sparkle

Diamond light leakage2

The nemesis of a diamond cutter is light leakage. Having light leak out through the back or side of a diamond will lead to reduced diamond scintillation. It only takes one facet to be off one tenth of a degree for the light to escape out through the bottom of the stone. Likewise it only takes a small deviation on some of the top kite or star facets for you to get an unbalanced sparkle from the top of the diamond.

diamond cutter

Have you ever looked at a diamond and thought that there was a dead spot in the stone where the diamond just looked dull ? It was most likely due to light being lost out through one side of the diamond. A perfectly cut diamond should sparkle evenly from one side of the diamond to the other. 

deadspot

Make sure that you don’t get a diamond with dead spots. The effect is magnified when the diamond becomes dirty. If you are wanting the maximum sparkle to come from your diamond ring then a high performance cut diamond like the Passion8 “Hearts and Arrows”  Diamond is a great place to start.

 

154638_146478685401651_5652178_n

The Passion8 diamond has a 99% light return rating. All Passion8 Diamonds have also been scored as a triple excellent for; Scintillation, Dispersion and Brilliance. Which means that it doesn’t matter what setting you put it into. It will sparkle just the same in a claw setting or a full bezel setting.

A Passion8 diamonds takes 6 times as long to cut and is considered to be in the top 1% in the world for cut grade.

Not all triple excellent cut grade diamonds are equal. 

 

 

Research Shows – Size Doesn’t matter !!!

Diamond Size Vs Quality

A recent study found that 84% of respondents surveyed, stated that they would prefer a smaller diamond size if it was of a higher quality. This was in line with further questioning that showed that 86% didn’t want a showy engagement ring at the expense of quality.*  (*Intertrade 2013)

When it comes to diamonds, diamond size is the least important characteristic. You can radically change the price of a ring by a $1000 by reducing the diamond size of a diamond by ten points (or 0.2mm, which is hardly discernable to the naked eye). To achieve the same saving without changing the size you would need to resort to having an incredibly flawed and yellow diamond, which is visible from a distance.

Diamond Size Vs Quality

My advice is to always aim for a slightly smaller excellent cut high performance diamond like a Passion8 “hearts and arrows”, rather than just a larger one. Passion8 cut the most perfectly cut round and princess cut diamonds in the world. The precision cutting puts them in the top 1% in the world for cut grade. On average it takes them 6 times as long to cut a perfect cut “hearts and arrows” diamond as a regular excellent cut diamond. The also return 99% of the light that enters in through the table. One thing that clients comment on most is that their Passion8 diamonds sparkle for longer and even when dirty compared to their friends diamonds. Unfortunately diamonds are not like a bottle of wine – they are not going to get better in years to come. If you buy the best cut grade diamond you can now, it will always be the best and continue to sparkle for the rest of your life.

Come and see how much better a perfect cut looks than just going for a larger diamond size. If you have any questions or would like to know more about the Passion8 diamonds, please feel free to email at info@xennoxdiamonds.com.au

Which diamond cut looks the biggest? Have you ever wondered if a 1 carat round brilliant cut diamond looks bigger than a 1 carat princess cut diamond? I am often asked whether round or square diamonds look bigger by many brides-to-be as they begin the journey of picking their perfect diamond engagement ring. While the sparkle and fire of a diamond are important, the physical size of the diamond can also play a part in your decision making process.

Diamond Maths | The Geeky Stuff

Here is the maths for the surface area of a 1 carat princess cut diamond versus a 1 carat round brilliant cut diamond.

Formula for the surface of a square is length x width. square = a2 

For a perfect cut 1ct princess cut it would be – 5.5 x 5.5 = 30.25

Formula for the surface area of a circle = pi r 2 

For a perfect cut 1 carat round brilliant cut diamond with a 6.5mm spread – 3.252 x 3.14 = 33.16

round vs square diamonds -

From this basic analysis of the two different stones we can see that the round brilliant cut diamond is approximately 10% larger in surface area than the princess cut diamond. While this doesn’t take into account the effect of the claws, on face value it appears the round brilliant cut is winning the size debate. However, if you took the diagonal measurement of a 1 carat princess cut, it would measure approximately 7.7mm, which is more than 1mm wider than a 1 carat round brilliant cut diamond. So sometimes, when determining which one is bigger, it simply depends on how it appears in the flesh.

Diamond Maths | The Money Stuff

If you are about to set out on the hunt for your engagement ring and want to know how to get the biggest diamond for your buck, then read on. Ultimately, if you were to spend the same money, the princess cut diamond would actually give you a bigger physical diamond in comparison to the round cut diamond. This is because the rough crystal for a princess cut diamond is significantly cheaper and more economical to cut than that of the round.

Therefore, should size be an important consideration for you, you will be able to get a bigger diamond overall for your budget. On average, for well cut diamonds, there is at least a 25% price difference between a round brilliant and princess cut diamond. In the case of a 1 carat F SI1 round brilliant cut diamond, you would be able to buy a 1.3 carat F SI1 princess cut diamond.

Which Diamond Cut Really Is The Biggest?

From this we can see that if you were to spend the same budget, you would actually get a 10% bigger surface area by purchasing a princess cut diamond ring, instead of a round brilliant cut diamond ring. 

While maths can be fun (well for some of us anyway), we are really passionate about finding the perfect diamond for you. Whether you have your heart set on a round brilliant cut diamond or a princess cut diamond, we will find the perfect ring for you. We are always available for a chat, and have an amazing selection of loose diamonds for you to have a look at. Please feel free to email me, if you have any questions or would like to make an appointment to view our diamonds.

My Diamond has a Chip in it“My diamond has a chip in it “ is one of the worst things a jeweller can hear. This is usually followed by “I thought diamonds were the hardest stone on the planet”. Unfortunately, while diamonds do have the highest rating on the Mohs scale of hardness (measured out of 10), it does have weaknesses. The best way to think of a diamond’s hardness is like timber. It has lines of strength and lines of weakness. Hit it hard enough on the right angle, and it will splinter all the way to the end of the diamond. While chipped diamonds are very sad to see, I often think of them like plane crashes. While it is a rare occurrence, it doesn’t stop thousands of people getting on planes every day. Once a chip is discovered, the next question I am asked by the distressed lady is of course “How can I hide a chip on my diamond?” 

Misconceptions About Diamond Chips 

images (26)

Diamonds do not crack. Like the Movie “Cool Runnings” where actor John Candy comments about the dangers of bob sledding – “bones do not brake they shatter”. Diamonds will not crack a little. You will either chip the diamond completely or not all. Often a client will see an inclusion in a diamond and think it is a crack -rest assured these are just inclusions. Inclusions in diamonds don’t usually lead to a diamond chipping. However, if the inclusion is close enough to the corner of a princess cut diamond (square), it can make that part of the diamond weaker; often a nightmare for diamond setters. 

You will feel the moment you chip your diamond. Unfortunately, as it is normally a freak accident, you won’t always feel the moment you chip your diamond. Like dropping your iPhone on the concrete, it could just be the tenth time you do it that causes the diamond to chip.  

I just bought it. Sadly time is no pre-requisite to chipping a diamond. You could have your diamond for one day or twenty years, and still chip your diamond. 

Re-cutting the diamond is the only option. Re-cutting a diamond may be an option if your diamond is large enough or it has a strong sentimental value. However, for a lot of stones under a one carat diamond, re-cutting may not only be too expensive ($300 -$500), but the finished weight may be too small to fit back in the setting. Sometimes you can be somewhat lucky and only loose ten points, however, in extreme cases, you could loose as much as 20-30 points. 

My insurance policy covers diamond chips. Unfortunately this is not always the case. It is important to make sure that you read the fine print of your policy to make sure that it you are sufficiently covered for accidental damage. If your insurance policy does not, The Q Report policy that we offer to all our clients does cover diamond chips.

 How To Hide A Chip In A Diamond

Fotolia_9735709_Subscription_L_01. Chip from the girdle running underneath – In a claw setting, if the inclusion is not too severe the diamond is able to be rotated to hide the inclusion under the claw. If the inclusion has taken out a section of the diamond, it is usually a good idea to run some solder underneath the claw to fill the void left by the chip. Much like a cast for a broken bone, the solder will fill the negative impression of the diamond that is unique to that chip. 

images (6)

2. Chip running from the edge and up to the table – If the inclusion runs up to the table of the diamond, try changing the look of your claws to talon style claws. This unique style of claw runs up higher into the crown section of the diamond, thereby hiding a chip that it is out of reach of most conventional claw styles. As seen here with the sapphire ring, the talon claws almost run up to the table (centre facet). This effect would be less noticeable in a diamond.

double claw setting to hide a diamond chip

3. Chip running around the edge – If the chip is running around the edge, perhaps consider a bezel or semi bezel setting to hide the inclusion. If semi bezel settings are not your “style”, a double claw setting might just give you the extra width you need to hide the chip. 

If the worst happens and you notice a chip in your diamond ring, it is important to know that there are options available to you, other than just simply replacing your diamond through your insurance provider. If you ever need advice on the best options to hide a diamond chip, the manufacturing jewellers at Xennox Diamonds are always here to help!

eye clean SI2 diamondsSI2 diamonds that are eye clean are becoming harder to find. They are something that takes patience and experience to find. As a qualified diamond grader, I am always searching for the most perfectly cut SI2 diamonds with the best located inclusions. Looking at a diamond’s inclusion location is just like property, it is all about location, location location. The second most important thing to understand about diamond clarity and inclusions, is that they are expressed as a percentage of the diamonds size. So the bigger the diamond, the bigger the inclusions can be; becoming more evident in larger diamonds around the 1ct plus size. 

There are four main locations of SI2 diamond inclusions:

  1. diamond facet namesWhite inclusion on the edge of the diamond (rarest and most desirable) 
  2. Black inclusion on the edge of the diamond
  3. White inclusion in the table (centre facet of the diamond)
  4. Black inclusion in the table (facet of the diamond; most common and least desirable)  

Having a specialised and qualified diamond grader hand pick your diamond with an eye clean SI2 diamond will not only make it sparkle more, but will save you money as well. It will sparkle more because the inclusions are on the edge of the diamond and not interfering with the light as it travels through the centre of the stone. This gives the diamond more brilliance and sparkle. It will save you money because you won’t need to spend money needlessly on upgrading your clarity to a VS grade.

SI2 clarity inclusions can either be:

    1. Dark crystal inclusions
    2. White feather inclusions
    3. Salt and pepper inclusions – usually a mix of white and black crystal inclusions

“BAD” SI2 diamonds

centre SI2 diamonds

Inclusions in the table should be avoided if at all possible. The table facet or centre of the stone is the easiest place to see any inclusions. Like something sitting below a clear glass table, once you see an inclusion, you will always see it. Your eye is trained to find the inclusion and will always go back to the same spot; one of which can be seen here just off to the left of centre in the middle of the diamond.

“GREAT” SI2 diamonds

edge inclusions in SI2 diamonds Inclusions on the edge are definitely preferred. The combination of facets that run around the outside edge of the diamond (star facets, kite or mainfacets, and upper girdle facets) scatter the light as it exits the stone. This provides a unique camouflage effect, making the inclusions much harder to see. Inclusions are seen here at 10 o’clock and 7 o’clock, halfway to the edge of the diamond.

“PERFECT” SI2 diamonds

perfect location for inclusions in SI2 diamonds One big inclusion on the girdle (edge of the diamond) is the perfect location for an inclusion. Most claw settings will cover an inclusion, provided that they don’t come too far into the centre of the stone. Even if the claw doesn’t cover 100% of the inclusion, when an inclusion comes out of a claw, it is much less noticeable as the eye is not draw to a blank space. Inclusion here is near 12 o’clock, perfectly located to be covered by a claw. 

At Xennox Diamonds, our specialty is hand picking eye clean SI2 inclusions. We are always aiming for the “perfect” inclusion that you can cover with a claw. This leaves more money in your budget for maximizing your cut grade, colour grade or size.  Please make sure to always avoid “Clarity Enhanced” diamonds, as these do not follow the same guidelines outlined here. If you have any questions about this blog or about what to look for when choosing a diamond, please post a comment below as I always enjoy responding. 

diamonds used in Antique diamond rings

Do you have some antique diamond rings lying around in your jewellery box sitting on your dresser? Not sure what to do with them? Why not have them remodeled into something more modern that you can and want to wear? Unfortunately a lot of the rings containing antique diamonds are very out dated and, more often than not, don’t do the diamond justice. You might be surprised, not only will remodeling grandma’s diamond ring make it a more beautiful, wearable piece, but it may increase the value of it too. The four most common types of antique cut diamonds are; the European cut diamond, the Old Mine cut diamond, the Rose cut diamond and the Single cut diamond.

Old European Cut Diamonds

antique diamond rings using an European cut diamond

The old European diamond is considered one of the most popular, traditional cuts. It has a very small table (top facet), a high crown and usually an open culet at the bottom (central circular window you can see in the middle of the diamond). This diamond cut was the precursor to the modern round brilliant cut. Unlike the modern round brilliant, most old European diamonds are slightly irregular in their circular shape. It is also quite common to have a few inclusions in these stones. While this might worry some who are looking at a modern round brilliant cut diamond, there are some that believe that it merely adds character. 

Remodelling Tips For Antique Diamond Rings

If you are looking at remodelling and breathing new life into your antique diamond ring, here are a few tips;

  1. Set the diamond in a bezel setting;
    • Because of their irregular cutting and girdle (outside perimeter), it can sometimes be a good idea to hide some of these imperfections in a bezel setting. This will make the diamond look more round and larger in size.
  2. Surround the antique diamond with a diamond halo;
    • Below is a remodelling commission that we completed recently with an old European cut diamond. If you look closely you can see the off center table facet (to the left of centre), and the little culet window at the bottom of the stone. The diamond halo does a great job of disguising the irregularities. 
  3. Set the diamond in white gold;
    • The white gold colour is also great for improving the colour of the stones in antique diamond rings, as most of them are in the H-I colour range. 
antique diamond rings remodeled

If you would like some ideas on remodelling old diamonds that have been handed down to you or inherited, please email me to arrange a time to draw up some 3D designs. We can also value your diamonds for you and prepare insurance valuation certificates where necessary.

Recutting Diamonds from Antique Diamond Rings 

As you can see from the illustration on the right hand side, it is often better to leave some antique diamond rings in their current form. With the outside shape representing the old European cut diamond, and the inside diamond the modern brilliant cut diamond, you can often lose as much as 25% of their weight by having them recut. While the diamond might become brighter from recutting, it is usually not advisable if the diamond has a large culet or high crown unless the original diamond is quite large. 

diamond

Every old cut diamond is unique. The only way to decide whether recutting your diamond is the right option for you, is to have it assessed by a diamond cut expert. At Xennox Diamonds we have expert diamond cutters at our disposal who can provide free, professional advice on the best course of action. If you have any questions about remodelling antique diamond rings or recutting your diamond, please post them in the comments section or visit us in store. 

 

Pink Diamonds, are know throughout the world, not just for their beauty, but their rarity as well. Not many people believe that their diamond engagement ring is an investment, however with pinks this is certainly the case. Pink diamonds have been know to increase in value 20% – 30% every year. Certainly they are a stone that you will not only enjoy now, but future generations will also enjoy as they are handed down. While light pink diamonds are found in other countries around the world, such as Russia and Brazil. The Rio Tinto Argyle diamond mine in Western Australia was the only consistent supplier of deep pink diamonds in the world. 

How are pinks graded?

Pinks are graded into 5 main colour types. Purplish Pink, Pink, Pink Rose, Pink Champagne, and Red. The red is considered the most rare, followed by the purplish pink, pink, pink rose and lastly the pink champagne. When talking about pinks, it is quite common to not mention the clarity, as their value is much more heavily weighted in its depth of pink than its clarity. 

Pink diamond colour chart

When purchasing a pink diamond, ensure that the stone comes properly certified by Argyle. All stones over 0.20ct should have an Argyle certificate with a registered lot number, so the origin of the stone can be traced. An Argyle certified stone is generally considered more valuable than a pink diamond from another country. argyle certificate

how rare are pinks? 

mining truck

Anything in nature that is extremely rare, is also generally considered quite valuable.  The Argyle mine’s pink production  accounts for only around 0.1% of all the diamonds that are mined there. It has been said that if a giant mining truck was filled with all the diamonds that Argyle produces, then the deep pink diamonds that it finds each year, would only fill the ashtray.

When it comes to Pink diamonds there is not always a level of predictability with regards to price. You might find that the price difference between certain grades of pinks is only 20%, whereas with others the price difference may be 50%-80% different.

Another reason that pinks are always increasing in value, is that with the closure of the mine their demand has now far exceed their supply. Which basically means that more people want them, than there are stones available. I often use the analogy, that pink diamonds are like water front property. You might look at these properties (like the pinks) and think, that the prices are ridiculous. and that someone would be crazy to pay that much for them. However if you could fast forward ten years, you will wish that you could buy them at the old price. Unfortunately once the price moves up, it never comes back down again.

 Pink Diamonds.round

How Do I Buy Pinks?

At Xennox Diamonds, we have the largest selection of pink diamond jewellery as well as loose pink diamonds. Whether you are looking to have an engagement ring made with a pink center stone, or you would like a wedding band with pink and white diamonds in it. We even have a number of clients that purchase their pink diamonds in self managed super funds as an investment. We can even help you store them in our safe, free of charge. The only draw back with this option though is you are not allowed to wear them. If you would like to know more about buying pinks and some prices, please email me at info@xennoxdiamonds.com.au

Buying diamonds overseas, can often be fraught with danger. Particular if it is from a place like Afghanistan. We always recommend extreme caution when considering to purchase a diamond from a source that you don’t know. If someone offers you a deal that sounds too good to be true, then it probably is.

Case story – Defence force (name withheld)

A client came to see me to show me a diamond he was sold on deployment in Afghanistan. The diamond was sold to him by a man know as “Aussie Mike” who gave him all the assurances of the diamond’s quality. Claims such as “you can trust me, I service all the defence personnel”, and “These diamonds are a fraction of the price you can buy them back home”, are all statements that are synonymous with  a great con man, looking to con someone into buying diamonds overseas. He was also promised that if he wasn’t happy with the diamond he bought, he had a contact that could help “move the diamond for him”. All claims which proved to be false.  

The diamond that was promised to him was a 1ct G colour and VS clarity diamond, which would have been valued at more than $10 000. He paid $5,000 for what he thought was a bargain, from a man who claimed to be giving him the deal of a lifetime. At a time where our defence personnel have been away from home for several months, it is perfectly understandable that they would want to pick up something special to take home to their loved ones.

What he received however, was no where near what he had been promised.

Buying diamonds overseas – Colour

Buying diamonds overseas - wrong colour

Here is the diamond the client purchased on the right, next to a GIA certified G colour on the left. As you can see the colour is visibly lower and yellow. I believe this colour to be closer to an N colour, which is a variation in the price of approximately $5000 dollars.

Buying diamonds overseas – Size

buying diamonds overseas - size difference

A perfect cut 1ct diamond should measure 6.5mm in diameter. The diamond the client bought from overseas measured only 6.3mm, which is closer to a 0.90ct. As seen here the diamond on the left looks larger in diameter. The diamond on the right should be significantly cheaper because it is a much deeper cut stone and doesn’t sparkle as well. This should reduce the price by about $1000 – $2000. As well as being poorly cut the diamond did not come with an internationally recognised diamond grading certificate. Which would have most likely graded this stone as a good cut grade. A good cut grade stone would have made the stone approximately $2000 cheaper. 

Buying diamonds overseas – Clarity

The diamond which was supposed to be a VS clarity, actually had a large visible feather on the girdle and has been graded as an SI2 clarity. The price difference for this variation is around the $2500.

Had the client purchased the exact same stone in Australia, he would have paid around the $4500. Not only that, but the diamond would have come with all the correct papers, certifying it.  Diamonds world wide are always priced exactly for what they are. So if someone is offering you a diamond for $5000 less than what it would cost locally, there is always a reason why. It is always better to purchase your diamond from a reputable jeweller.

As a qualified diamond grader, gemologist and valuer, i personally like to check and grade each diamond that we sell to ensure each diamond has been correctly graded. That way you have the peace of mind knowing that you are getting exactly what you have paid for. Long term looking for value for money is always better than a bargain.

 

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