Tips for Buying Big Diamonds on a Small Budget

Few diamond shoppers can walk into a high-end jewelry store and buy a 5-carat, D color, Internally Flawless diamond with Ideal cut parameters. If you are like most diamond shoppers, you have a limited budget. However, you still want to get the biggest and most beautiful diamond within your budget. You can take some simple steps that will ensure you get the biggest diamond possible.

1) Diamonds have price per carat increases at the most popular carat weights (0.50, 1.00, 1.25, 1.50, 2.00, etc.) because that is what shoppers request when they go into a jewelry store. Your dollars can go further buying a diamond that has a carat weight just under those weights. For example, a diamond that weighs 0.90 carats can be the same millimeter diameter as a diamond weighing 1.00 carat but cost $1000 less.

2) The price of diamonds is very sensitive to color grade, yet most shoppers have a difficult time seeing the difference between some of the color grades. If you buy the lowest color grade that looks beautiful to your eyes, the lower price per carat allows you to buy a bigger diamond with your dollars. The highest color grades (D, E, and F) are categorized as