Posted on July 6th, 2008 by admin

Loose Diamond?

Category: Weddings, Tags: , ,

loose diamonds
alcmena asked:


What do I need to know when it comes to buying a loose diamond?
Can I ask the seller to set it in a ring for me?
What questions should I ask him? Are loose diamonds “certified” or does that happen at the retail level? How do I get this diamond insured? What does insurance really do for the diamond?

ANY INFO will be useful!

4 Responses to “Loose Diamond?”

Muffin on July 7th, 2008 4:56 am:

Read this:

It’s everything you need to know about diamonds - and they have settings too!

Tall Blond Chick on July 7th, 2008 10:28 pm:

Loose diamonds can certainly be certified. You can have the diamond insured under your homeowner’s or renter’s insurance or with a rider just like you would a ring.

Some sellers work with a jeweler or jewelry designer (or are one themselves) to set stones. You can also take the stone to a jeweler and have it set for you.

You can also have the completed ring appraised and insured - once the ring is complete take the whole thing to an independent appraiser, get the appraisal certificate, and give it to whoever handles your renters insurance or homeowners insurance. If the value is not too high it will be covered under that policy - otherwise you will need to pay for a rider.

Good luck!

Katie Lou Who on July 10th, 2008 1:30 am:

GIA and EGL are great labs to get your diamond certified through. IGI not as good, but alright.

tommy s on July 13th, 2008 4:49 am:

At they sell and set loose diamonds and settings and all of their diamonds are certified. about insurance you need to get it appraised they do it as well and you either buy insurance or sometimes it can be covered under your homeowners insurance.