How To Buy A Purple Diamond

by patt6211 on Thursday, November 10th, 2011 | 4 Comments

Natural clear diamonds are already quite rare, taking a few million years to form. Diamonds that are absolutely clear and have no color are the purest form, requiring a skilled cutter or jeweler to cut the stones into shapes that are ready to be set into jewelry pieces without damaging the clarity of the stone and reducing its value. Then there are colored diamonds, which are even rarer. For every 10,000 clear diamonds that are mined, there will only be a single colored diamond. Of the colors that these diamonds can come in, the purple diamond is among the most rare. Like most other colored varieties of diamonds, some assume that the purple color is a result of a trace element being incorporated into the crystalline structure. There is another belief that as the stones are pushed upward toward the Earth’s surface, impurities get pushed into the stone, eventually causing the color purple to manifest.

There are some important considerations to make when buying these diamonds. If you are trying to save on the cost of these diamonds, it would be better to purchase synthetic purple diamonds. Because they don’t involve mining costs and several other processes that bring them to your local jeweler’s, you can save about 15 percent off the equivalent value of natural colored diamonds by buying the synthetic variety. Natural diamonds are already quite rare, something which becomes apparent when you compare the cost between different color diamonds. For example, the cost of a pink diamond per carat is $100,000, while purple diamonds can range anywhere from $500,000 to $700,000. While 15 percent may not sound like much savings, when you consider you can save almost $105,000 per carat when purchasing synthetic purple diamonds as opposed to natural ones, that is indeed a lot of savings that gets passed down to the consumer.

Another way to invest in purple diamonds is by buying those that have not yet been set into a jewelry piece. Remember one thing about violet and purple diamonds, you will have an easier time examining loose diamonds from any axis, while set diamonds cannot be examined from certain angles. You will be able to verify the quality of loose purple diamonds, as well as choose what kind of jewelry piece you can set the stone into should you ever decide to start wearing the diamond as an accessory instead of just keeping it as an investment. Loose diamonds are a great investment, and can be fashioned into jewelry pieces later one if you desire, whether you want the set into a ring, earring, or necklace.

How To Buy A Purple Diamond
How To Buy A Purple Diamond
How To Buy A Purple Diamond
How To Buy A Purple Diamond