Loose diamonds?

Question

Looking to invest about $2000 in a diamond. Suggestions are very much appreciated!

Answer 1

it seems to me that no matter how well a diamond is cut or the clarity of it when it comes time to sell it, the value is about the same or lower than what you bought it for. ie. I tried to sell my x wife's ring after the divorce and they would give me the same price for the diamond but that would only be towards a piece of jewelry that cost more. I went to an independent jeweler and he said even though it is a beautiful diamond it is a popular cut and could not give me much. but he would take it in trade. I think there are better ways to invest $2000 than on diamonds, one example if you owe on a mortgage see how much interest you would save if you paid $2000 principle

Answer 2

If its for investment purposes, then it should be Flawless, D color or better, and the cut doesn't really matter (most any 'standard' cut). But for $2k you won't get a very large F, D diamond -- maybe 0.5 carat at most. That's not a good investment size.

If it is for jewlery, go for an SI-2, but check out several SI-2 or I-1 diamonds under a loupe. You should be able to find an I-1 diamond where the inclusions are off-center or at the edge of the cut so they aren't visible head-on. The color choice is also up to you. You may even be able to get an I-1, H, round cut diamond that is over 1 carat for $2k.

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Answer 3

Look into the diamond district in NYC, they have the best loose stones, if you cant do that, find a long time running independant jewler with a good repuation. you will get the best value for the stones

Answer 4

Diamonds are not investments.

Answer 5

leave loose diamonds to the people that know what they are doing.