{"id":83,"date":"2015-06-08T11:46:27","date_gmt":"2015-06-08T15:46:27","guid":{"rendered":"http:\/\/www.ndrdiamond.com\/blog\/?p=83"},"modified":"2019-09-19T12:22:30","modified_gmt":"2019-09-19T16:22:30","slug":"lowest-price-gia-diamonds","status":"publish","type":"post","link":"https:\/\/www.ndrdiamond.com\/blog\/lowest-price-gia-diamonds\/","title":{"rendered":"Lowest price – GIA certified diamonds."},"content":{"rendered":"

Lowest Price – GIA Diamonds.<\/p>\n

Many internet shoppers are under the mistaken belief that buying a GIA certified diamond on the internet is similar to purchasing a flat screen TV. Simple, \u00a0You just find the model number that you want. Then you go to the internet and you buy it for less.<\/p>\n

In the case of a diamond, one might figure out the size, the shape and the GIA parameters that they want. \u00a0Let’s say in this case, a 2.00 carat round diamond, GIA “H” color, “SI1” clarity. \u00a0Simple. We go to the internet and buy it at the lowest price.<\/p>\n

Stop right there.<\/strong><\/p>\n

A\u00a0diamond is not a flat screen TV. \u00a0The GIA diamond certification report is not the same as a model number. \u00a0The specifications of a TV are identical. \u00a0There are thousands if not millions of the same TV made to factory specifications. \u00a0Diamonds are different. \u00a0A diamond is a creation of nature. \u00a0Each one is unique. \u00a0A GIA grading report attempts to describe a diamond like I may attempt to describe a beautiful woman. \u00a0It is very hard to do without seeing the woman – or the diamond.<\/p>\n

The point of this is that diamonds with similar specifications on a GIA grading report are not similar diamonds.\u00a0 There can be (and usually are) significant pricing differentials between two diamonds with similar GIA grading reports. \"\"<\/a>And more importantly, one diamond will be significantly more beautiful than the lesser priced diamond.<\/p>\n

Pictured below are six diamonds listed for sale on a leading internet diamond site. Each of the six diamonds weighs approximately 2.00 carats (Actual weights range from 2.01 to 2.09 carats). \u00a0Each of the diamonds is graded by GIA as “H” color, “SI1” clarity. \u00a0The prices for these diamonds ranges from $13,247.00 to $26,131.00. \u00a0YES! \u00a0One diamond is 50% “cheaper” than another. \u00a0Inversely, one diamond is 100% more than the other!<\/strong><\/p>\n

And you are on the internet in search of the best price. \u00a0\u00a0Or is it the lowest price? \u00a0Best price for what? \u00a0Lowest price for what?<\/p>\n

As a diamond merchant with more than 40 years of experience \u00a0(and two generations before me!), \u00a0I understand what a diamond is. \u00a0It is about something beautiful. \u00a0Beauty is about the brilliance and sparkle and scintillation. \u00a0Low price is about a price point.<\/p>\n

In recent years there has been a divergence within the diamond industry – sort of a “fork in the road”. \u00a0There are many diamond companies that are marketing diamonds specifically for the internet. The diamonds that they sell via the internet are inferior to those that are sold in the traditional manner – to be sold via retail jewelry stores. \u00a0It is the difference between the beautiful GIA H\/SI1 diamond and that of the diamond that is marketed solely based on “price-point” for the internet buyer who believes he has figured out the world.<\/p>\n

The difference is, in the “old” days, people looked at diamonds in a jewelry store with their eyes and a jewelers magnifying loupe. \u00a0They were truly buying a diamond and not just a diamond grading report!.<\/p>\n

Take a look at the info for the six diamonds featured below. \u00a0These are just a random sample of different price ranges that I found.<\/p>\n

\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0. \u00a0 \u00a0. \u00a0 \u00a0. \u00a0 \u00a0. \u00a0 \u00a0continued below<\/span><\/p>\n

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When looking at each of the diamonds described above,\u00a0\u00a0one must recognize that<\/strong> the pictures are fake and are all identical.\u00a0 These\u00a0 photos are not representative of the diamond in any way and, in fact, give the illusion that the diamonds are gem quality which they are not!<\/strong><\/p>\n

With regard to the diamonds listed above I know for a fact that it is not possible to purchase a “nice” 2 carat round diamond with these GIA specifications on the wholesale market within the price of the first three listings.<\/strong><\/p>\n

If I was buying a diamond for my wholesale business it would most likely be one of the three more expensive diamonds. \u00a0I believe that a diamond is supposed to be something beautiful. These diamonds may be beautiful diamonds – although, even with the info provided on the GIA report, it is still necessary to SEE the diamond.\u00a0 The listed specifications of these diamonds provides no information with regard to the nature and location of the inclusions and, in reality, provides little insight to the overall beauty of the diamond.<\/p>\n

One thing that I do know is that there are reasons why the cheap diamonds are cheap.\u00a0 It may be the make. It may be the type and location of the inclusion. Perhaps there is a color tinge.\u00a0 Perhaps there is a “cloud”.\u00a0 There are many factors that effects the overall sparkle and scintillation that makes a diamond special!<\/p>\n

Low price is just that. It is low price. \u00a0It is not a factor of value. \u00a0Value, on the other hand, is a reasonable price for a Renoir – despite the fact that it may be tens of millions of dollars.<\/strong><\/p>\n

 <\/p>\n

 <\/p>\n

Neil Reiff<\/p>\n","protected":false},"excerpt":{"rendered":"

Lowest Price – GIA Diamonds. Many internet shoppers are under the mistaken belief that buying a GIA certified diamond on the internet is similar to purchasing a flat screen TV. Simple, \u00a0You just find the model number that you want. Then you go to the internet and you buy it for less. In the case […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[8],"tags":[24,26,16,10,9,18,28],"yoast_head":"\nLowest price on GIA certified diamonds.<\/title>\n<meta name=\"description\" content=\"When buying a GIA certified diamond on the internet, many are looking for the lowest price. 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Diamond Customers are Cheating Themselves.","date":"February 7, 2017","format":false,"excerpt":"Low Price Diamonds. \u00a0Diamond Customers are Cheating Themselves. As a diamond wholesaler with 40+ years of experience in addition to two generations who preceded myself, there is nothing that upsets me more than seeing the ruination of the engagement ring buying process as a result of the Internet. No, I\u2026","rel":"","context":"Similar post","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.ndrdiamond.com\/blog\/wp-content\/uploads\/2017\/02\/Bitterness-quote.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":635,"url":"https:\/\/www.ndrdiamond.com\/blog\/why-buy-a-gia-certified-diamond\/","url_meta":{"origin":83,"position":1},"title":"Why Buy a GIA Certified Diamond?","date":"March 29, 2021","format":false,"excerpt":"My advice is that you should never buy any diamond without GIA certification.","rel":"","context":"In \"GIA\"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.ndrdiamond.com\/blog\/wp-content\/uploads\/2018\/10\/GIA-CERT-IMAGE.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":499,"url":"https:\/\/www.ndrdiamond.com\/blog\/gia-certified-diamond\/","url_meta":{"origin":83,"position":2},"title":"What is a GIA Certified Diamond?","date":"October 14, 2018","format":false,"excerpt":"For as long as I can remember I have been recommending to any diamond buyer that they buy a diamond with a \u00a0GIA \"certificate\" or \"diamond grading report\". \u00a0It has recently occurred to me that, while this recommendation my be second nature to someone like me who is involved in\u2026","rel":"","context":"Similar post","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":405,"url":"https:\/\/www.ndrdiamond.com\/blog\/recommended-gia-diamond-quality-grade\/","url_meta":{"origin":83,"position":3},"title":"My Recommended GIA Diamond Quality Grade Has Changed.","date":"February 25, 2018","format":false,"excerpt":"For as long as I can remember, my \u201cgo to diamond\u201c\u00a0has always been a GIA graded \u201cHI\/SI\u201d diamond. 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