Are you looking for the perfect diamond for your engagement ring? If you are, you will probably know by now that there is a range of options for you to consider. One of the options may be to purchase a wholesale diamond or a retail diamond. So what is the difference?
Essentially, nothing at all! Provided a reputable body certifies the diamond there is absolutely no physical difference between diamonds purchased wholesale or retail.
However, that does not mean there is no advantage to the consumer purchasing a wholesale diamond. Sadly, people often confuse wholesale with damaged or seconds stock. This is not the case at all. Consumers are largely unaware that they can purchase a stunning diamond at a great price direct from a wholesaler.
This post will tell you a few tips and tricks to help you break into the wholesale market.
- Do your research
The online market is a thriving, reputable place to source diamonds. Good wholesalers will list a phone number. The best ones will invite you to their premises to inspect your diamond. Provided you can make contact with the wholesaler do not be afraid to invest your money, they are subject to the same consumer laws as retail stores.
- Wholesale diamonds cut out the middle man
You, the buyer can save considerably purchasing your diamond directly from the wholesaler. Additional costs are generated in retail because the sellers have greater costs such as store rent and staff wages. Wholesalers minimise these costs and pass them on to the consumer.
- Wholesale diamonds are certified and sourced by knowledgeable gemmologists.
If your diamond is certified there is no difference between wholesale diamonds and retail diamonds. As mentioned consumers are often confused by the term wholesale and are inclined to think cheap. This is not the case at all! Wholesalers are mostly industry specialists who care about providing the best diamond possible to the consumer. They usually inspect each diamond personally meaning they only choose the very best. In retail stores there is not always the option to inspect each diamond individually because they are regularly bought in bulk.
Also, consumers tend to report greater confidence when they purchase the diamond from the source. Often, there is no standard of knowledge required to work in a retail store. Diamond wholesalers are usually certified gemmologists, they have the qualifications to grade and assess diamonds.
Here at ADBW we specialise in sourcing you wholesale diamonds from the finest cutting houses around the world. We are so confident in the advantages of wholesale diamonds we only sell only the finest selection of wholesale diamonds.