Information On Diamond Wholesale Market And Online Diamond Trading
Antwerp, Belgium is the largest diamond trading market and a major hub for jewelry
. Ever since the internet started playing a major role, even the diamond market and supply chains have become quite dependent on technological advancements.
Every diamond wholesale merchant has their own website. These websites are used to launch their products, introduce new designs, and they also offer competitive prices, which even the common people can afford to buy.
Reputed trading organizations never compromise on their quality for any reason. Now there are apprehensions about how the products could be offered for lower prices than the showrooms, from where people used to traditionally buy. That is why one requires some amount of expertise in that field before venturing into buying diamonds online.
For both, retail customers and dealers, online wholesale diamond trading is very profitable. They will save a good amount of money naturally, as the prices of the diamond jewelry are offered to them at wholesale rates.
Trading Online
You got to bear a few but very important things in mind while trading on diamonds online. You should never be in a hurry, and at the same time, you should draw comparisons from various dealers. This will not only allow you to get a better price, but you also get better products
You"ll need to be very proficient and possess professional knowledge to get into business of procuring wholesale jewelry from large diamond merchants. It"s a standard rule that while making purchase online, the company should provide a verifiable guarantee for the products. These quality certifications and guarantee are usually issued by Gem scan, AGS, GIA, IGI etc.
Authenticity of the trading organization plays a vital role, and one need to look very closely while buying the wholesale jewelry products online. Few things like Public Reviews, Warranty terms and Credentials of the trader should be essentially checked.
Diamonds are offered at a very less price when you approach a diamond wholesale merchant. Majority of the customers who buy from such wholesalers are the retailers. The retailers make a decent profit by selling the wholesale items in their retails outlets. It is not possible to buy one or two pieces of diamonds when you are buying diamonds from a wholesaler.
Value of Diamond
The major four factors which decide the quality of the diamond is cut, clarity, color and carat.
Carat: It is called as the test of the diamond's size. The price of the diamond is primarily valued based on its weight. A diamond"s carat value is about 142 if the diamond weighs 1 ounce. Higher the carat value, higher the price
Clarity: Measuring perfection of the diamond is called clarity. The general rating of diamonds are with letter "I" and "S" for various level of clarity
Color: Most of the diamonds are colorless, but a colored diamond is highly precious due to their rare availability. Vividness of the diamond"s color is described using numbers between one and seven.
Cut: A diamond which is perfect had 57 facets. Higher the facets, higher the phenomenon of internal reflection, means higher the glitter of the diamond.
Determining a cut used to be a tough job in the past, but not the advanced technology has made it easier. This is one of the most difficult tasks of diamond appraisal but latest developments in technology have made it easier.
These four factors will enhance the price up based on their individual ratings. It"s important for you to check if the accurate information with the grading report is being provided by the wholesalers. It is a great deal if the wholesalers include the freight cost and insurance of the product. The insurance is very important, it least until the time the product is delivered to the buyer.
by: Ryan G
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