How to Determine a Diamond’s Value – Shopping at the La Diamond District | Bridal Rings

Lots of loose diamonds in the LA Diamond District – how to determine value?

Loose-diamondsThe LA Diamond District is just the right place for you if you’re looking for loose diamonds, whether it’s for investment purposes, a wedding or an engagement.   There are a lot of possible reasons why you might go on a hunt for diamonds, but here’s the point: with more than 5000 jewelry dealers in the LA Diamond District, it can get puzzling and confusing to know the value of a diamond you’re interested in. Imagine the empty sensation in your stomach you’ll feel when you learn that the opulent diamond you thought was worth several grand actually wasn’t.

What you need is a systematic way of determining the value of any loose diamond you encounter in the LA Diamond District.

Meet the 4 C’s. We’ll keep this brief for the purpose of this article, but here’s the lowdown on the 4 C’s:

  • The 4 C’S stand for the diamond’s cut, color, clarity, and carat weight.
  • The 4 C’s are a universal standard for describing the value of a diamond.
  • Who determines the 4 C’s for any given diamond? It’s the Gemological Institute of America (GIA), so the vendor has no say in the diamond’s quality report (which means you won’t be ripped off by some unscrupulous charlatan).

The 4 C’s are going to offer you the best way of determining the value of a loose diamond. Thus, when you’ve come across a diamond you’d love to have, make sure it’s been certified by the GIA. Always ask to see the diamond’s certificate so you can see exactly how it measures up in all of the 4 C’s.

There are other steps you can take to ensure that the diamond you are about to buy is actually worth its selling value. Try to shop from trustworthy, reputable vendors in the LA Diamond District. Again, since there are thousands of sellers out there, you’ll want to narrow your focus to only those retailers who have a solid track-record of producing satisfied customers.

As a final step in determining the value of a diamond, consider having it checked out by a licensed independent appraiser. A qualified gemologist will – with relative ease – be able to determine the actual worth of a diamond you have purchased (needless to say, it’s best if you have a thorough understanding of the return policy on any diamond you buy).

So yes – you’ll have to take just a bit of time to get a certifiably valuable diamond, but it’s well worth the hassle (that goes without saying). Questions? Just get in touch with us