If you’re thinking of buying a diamond ring, one of the first things you should consider is whether you want a mounted diamond (a diamond that is already in a ring) or a loose diamond (a diamond by itself). While buying a diamond ring is incredibly common, buying loose diamonds are a new experience for many people. You might find yourself asking, “will a jeweller set a loose diamond? Where can I buy loose diamonds? How do I choose a good-quality diamond?”
Today, we’re going to go through the pros and cons of mounted diamonds versus loose diamonds so that you can make an informed decision.
Pros and cons of mounted diamonds
As we stated before, a mounted diamond is one that is already set in an engagement ring. The benefit of mounted diamonds is that they are readily available practically everywhere. Once you know your ring size, all you need to do is choose a design you like! For those who want to propose with the ring ready to wear, this is a convenient and easy option.
That said, while mounted diamonds are easier to buy, they are also more difficult to evaluate. Because the diamond is already set into the band, you’re unable to accurately assess the 4Cs (cut, colour, clarity and carat) of your diamond, as well as any inclusions. For example, the diamond could be set so that the flaws are hidden by the prongs. Always ask to see the GIA diamond certificate before purchasing a diamond ring.
Pros and cons of loose diamonds
Loose diamonds give you much more transparency and choice. Before the diamond has been set, you’ll be able to inspect it for inclusions and flaws, as well as accurately measure how the light interacts with the stone. Furthermore, because there are so many options for loose diamonds, you can tailor your search to fit your specific budget, quality or appearance. Choosing a loose diamond also means you can design a custom diamond engagement ring from scratch, ensuring a completely unique piece of jewellery.
Of course, this amazing range means that you’ll need to put in the work when it comes to choosing the right diamond. In addition to brushing up on your 4Cs, you will need to ensure you are buying from a reputable diamond supplier with official certification and warranties.
How to buy a loose diamond
After deciding on your preferences (the size, cut and clarity, whether you want a pink Argyle or yellow diamond, the colour of the stone, and more), here are two key factors to consider choosing the perfect diamond.
- Ensure your diamond is certified
Your diamond should always come with an internationally recognised certificate from a recognised institute like the GIA (Gemological Institute of America) or the IGI (International Gemological Institute ).This certificate is proof of authenticity and will detail the qualities of your diamond.
- Partner with a trusted jeweller
Different jewellers will offer varying levels of support, so make sure you choose a diamond specialist you can trust. For example, here at MAX Diamonds, we have qualified staff to provide support every step of the way, from designing your own custom engagement ring and choosing jewellery insurance to our lifetime upgrade policy.