An Insider’s Guide on Selecting a Diamond for Your Engagement Ring

Essentially, with how beautiful diamonds are, they should be owned by everyone. However, due to their prices, it can only be owned by those whose budgets fit the costs. 

When it comes to choosing a diamond, it is basically all about balancing several factors to get the most out of your budget. And of course, each of these factors contributes to a diamond’s beauty, and prestige. In this article we will be discussing these factors, so you can prepare to make an informed decision about buying diamonds.

Tips On How To Choose A Diamond 

  • It’s no secret that diamonds are expensive. Nevertheless, first-time buyers often find that diamonds are more expensive than they first expected. So, it is important to check your financial situation and set a budget before buying diamonds. Then look at diamond prices to see what you can buy. If you’re on a lesser budget, you might decide to compromise on your dream diamond. However, compromising does not mean simply buying diamonds at bargain prices. The truth is that there are no great deals on diamonds, there are only fair deals, but if one diamond seems cheaper than another, there is a reason to consider it.
  • Diamonds should come with a grading report from a reputable laboratory such as the Gemological Institute of America (GIA) or the American Gem Society (AGS). The easiest way to judge a stone’s quality is to look at the 4 C’s: Cut, Clarity, Color, Carat. Of course, a diamond should be examined closely, but these grades are the first indicators of diamond quality.
  • Cut is the most important of the four Cs for diamonds. A well-cut diamond appears brighter and therefore appears larger than its carat size. Cut refers to the diamond’s finish and proportions, which are important to its beauty. Right angles produce beautiful diamonds full of vitality. Cuts generally fall into five categories: Poor, Fair, Good, Very Good, Excellent. So, when buying a diamond, make sure you keep your cut quality standards high.
  • We often use the word carat to describe the size of a diamond, but actually “carat” refers to the weight of the diamond. Of course, there are no rules about how many carats you should buy, but you’ve probably heard “bigger is better” When looking at certified diamonds, it may be helpful to compare the diameters of various diamonds. Because diamonds are individually cut, and they may appear larger than diamonds of the same weight.
  • Almost all diamonds have natural features called “inclusions”. These inclusions form when a diamond crystallizes deep underground and are unique to each diamond, they come in different shapes and help you identify the diamond as yours.  However, large, visible inclusions can detract from a diamond’s beauty. There are many types of inclusions and not all are created equal. If your diamond certificate has an inclusion map, check where the inclusions are located.
  • The term color usually refers to the warm hues that diamonds have. The scale ranges from D (colorless) to Z (very yellow or brown). Pure white diamonds are considered more desirable, and are far more expensive. Warm-colored diamonds (K, L, M, etc.) are not necessarily less attractive, but they are significantly less valuable.
  • Approximately half of the diamonds sold worldwide are round. Round diamonds are the most popular, brightest, and most expensive. Round brilliants are usually the safest choice when buying a surprise diamond. Most consumers prefer round diamonds, but there are many different diamond shapes, and some non-round shapes stand out by the crowd. They are also available at a discounted price compared to round diamonds. Plus, there’s no real hierarchy of better or worse among the shape of diamonds, it’s majorly a matter of personal preference, with the princess cut being the second most popular, and a classic alternative to round diamonds. If you want something quirky and don’t want to get too crazy, try an oval, usher, or radiant cut diamond.
  • It’s always a good idea to do some research before buying anything. When you spend thousands of dollars on a diamond, you want to know that it looks great and that you’re not paying a lot for quality that you don’t see the worth of it. However, many factors affect diamond quality. No matter how much you study, there is no way to become an expert without years of training. Of course, you don’t have to be an expert. You can ease the stress by recommendation from family, and friends.
  • Fluorescence has a bad reputation and most of time it is unfair. Diamond fluorescence refers to how the diamond reacts when exposed to ultraviolet light. Fluorescent diamonds glow in one of several colors, the most common being blue.
  • In rare cases, fluorescence can cause a diamond to appear milky in direct sunlight. This is most common in D/E/F colored diamonds with high or very high fluorescence.
  • Although there are grading scales for color and clarity, we encourage you to judge these diamond attributes as good or bad. With this approach, you don’t overpay for levels of color or transparency that the eye can’t discern. If you can’t tell the difference between a D and an H, there’s no reason to pay more for a D color diamond.

How To Buy Diamonds 

You can choose to purchase diamonds online or in retail stores. When buying diamonds retail, avoid the big chain stores and buy from small, independent jewelry stores. Many independent jewelers are actually significantly cheaper than their main competitors. 

 This way, you can purchase higher quality diamonds. If you choose to shop online, it is recommend to compare prices, and services on multiple websites. 

Before completing your purchase, be sure to call or email customer service to have your diamonds inspected by hand.

Also, If you’re buying a diamond for the first time, the key to being happy with your purchase is finding a diamond that looks good to your taste. Without seeing the diamond in person, you can’t tell if it’s good enough, diamonds can look like bargains, but unfortunately they can be adversely affected by inclusions, asymmetrical cuts, or fluorescence. Therefore, where you buy your diamonds matters.

Diamonds can be easily examined when shopping at a brick-and-mortar jewelry store. Make sure the jeweler is showing the diamond magnified from different angles in the intended setting. Even if you buy online, you should verify the diamond before purchasing. 

And most importantly, make sure there is an easy and affordable way to return the diamond if it does not meet your expectations. 


Online shopping is the best way to get affordable diamonds for your engagement ring, diamond stud earrings, or pendant. Read this article, take care, have fun, and enjoy your diamonds. 

Fineline Jewellers are the best Jewellery Designers in Gold Coast. We provide the jewellery repair services for your engagement & wedding.

Finelines Jewellers
Finelines Jewellers

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