Looking to invest about $2000 in a diamond. Suggestions are very much appreciated!
5 Responses to “Loose diamonds?”
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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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
leave loose diamonds to the people that know what they are doing.
Diamonds are not investments.

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