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Wholesaler vs. Retailer When it Comes to Buying Diamond Jewelry

Dec 1

Congratulations! Congratulations! Now what? Now you need to choose the kind of engagement ring and diamond that you want. Talk to your friends, but don't let them openly discuss the proposal. A friend claims that they have "a guy" (everyone seems to have "a guy"). He often refers to a Houston engagement ring. What is a wholesaler's role in diamonds?

Diamond Wholesaler

Wholesalers of diamonds Diamond Exchange Houston buy large quantities of diamonds, then sell them to brick and mortar stores or online businesses. Because they purchase diamonds in large quantities, they can often negotiate great prices. They won't sell to the general public or individuals unless they're close friends.

Wholesalers of diamonds have access to the Rapaport Diamond Report. This is a pricing report. The standard pricing guide for wholesalers is a matrix that includes prices for different shapes, colors, clarity, and carats (up to 6 carats). If the wholesaler is reliable, they will provide you with Rapaport Diamond Report prices. This price is 10% lower than Rapaport Rap10's prices. Keep in mind that Rapaport prices are an average of all industry prices. Prices aren't set in stone.

You will find between 4-8 loose diamonds depending on the wholesaler you choose. The wholesaler will give you a magnifying glass (10x) to help you inspect the diamonds for any flaws or imperfections. Next, place your stone in the setting. If the wholesaler is skilled, they might be able to make a custom-made setting and place the central stone inside the ring. You will receive a new engagement ring.

Retail Diamond Store

Retail diamond stores are brick-and-mortar shops that sell diamond earrings and rings. The item can be purchased immediately and delivered directly to your home the next day. It is possible to touch the merchandise but will cost 25-40% more than buying it wholesale or online.

Online shopping is now possible for most retail diamond shops. Online shopping is a popular way to purchase expensive items like diamonds. Online shopping can save you more than 30% on diamonds. It can be hard to find the perfect diamond with all of the websites available.

The Benefits of Wholesale Jewelers Diamonds

These are only a few benefits of wholesale loose diamonds.

1. To verify the quality of a wholesale diamond, you can inspect it. It's easier to spot flaws in wholesale diamonds than to inspect them. It is possible to examine the diamond from all angles and search for flaws.

2. Less expensive loose diamonds are available. Because you can customize loose diamonds, they are less expensive. This could save you as much as 10% to 15%. Mounted diamonds and traditional rings are not options. There are two choices: You can either look for a new ring or increase your budget.

3. You can discover different designs and styles by purchasing loose diamonds together. He can take his girlfriend with him to the jeweler shop ahead of time so that they can see the rings she likes. After seeing the rings she likes, he can go back to the jeweler shop and purchase the diamond.

4. Diamonds are a good investment. Mounted diamonds have a lower value than loose diamonds. Mounted diamonds can have a rich history and be sold to increase their collectible value. Wholesale diamonds can still be valuable. Buy a bulk set and put the best in your wedding band. Then, invest the rest.