How To Buy A Loose Diamond

Diamonds are one of the most popular stone options for jewelry, but what do you do if you have a specific vision in mind for your piece and can’t find it anywhere?

Well, some people choose to purchase loose diamonds and have them set to their exact specifications by skilled jewelers.

If you want to know more about what loose diamonds are and how to buy them, keep reading.

What Are Loose Diamonds?

Loose diamonds are gem-quality stones that are not yet part of an official jewelry piece. They haven’t been set in rings, pendants, necklaces, or any other jewelry type and can be used at the owner's discretion.

Diamonds naturally come out of the ground in rough cuts with jagged edges. They’re typically not the most flattering stones as they haven’t yet been hewn into traditionally accepted cuts like round, princess, emerald, or radiant cuts.

They can be sold all over the world to a variety of buyers, with larger stones being most commonly used as focal points for jewelry pieces. 

Why People Buy Loose Diamonds

When you buy loose diamonds rather than pre-set jewelry, you have a lot more creative freedom over how your final jewelry piece looks and exactly what quality of stone comes into your pieces.

It may also be more cost-effective for you to invest in loose diamonds and have them set yourself in some cases. This is because jewelry mark-ups can be incredibly high and well exceed the actual cost of the stone, metals, and workmanship in a single piece.

Where to Buy Loose Diamonds

There are a few different places you can buy loose diamonds. 

The most common physical location to buy loose diamonds is on diamond rows in large cities like New York City or London. This lets you have an in-person review of each gem so that you can get a real-world, unedited picture of what your stone may look like once it’s set in your jewelry.

The other place to buy loose diamonds is on online markets like Blue Nile or James Allen.  You can easily find high-quality gems in these online stores, too. And while this can be a much more convenient option for many, you will lose out on the opportunity to examine the gems in person before making your purchase.

Are You Looking for Loose Diamonds?

If you’re looking for loose diamonds, contact one of our all-start team members today! We’d love to help you find the perfect gems to sit in your dream jewelry setting.