It doesn't matter! The DNA of a diamond is 100% pure carbon. It's the exact same DNA as any other genuine diamond. Meaning yes, a diamond you buy at some little rinky-dink dime jeweler, can be the same exact thing you buy at a huge nationwide chain store.
Is it cheaper to buy diamonds overseas?
Diamonds are cheaper in other countries when you buy a diamond close to its source. Your dollar might be worth a lot more abroad than it is worth at home—this means you will be able to buy a diamond ring that is bigger or better for the same price or less than your intended budget.
Why are diamonds cheaper in Dubai?
The biggest reason for the relatively low price of diamonds in Dubai is the lack of import duties or taxes. There are no import duties and very few taxes when it comes to jewelry items. Another factor that usually contributes to the cost of diamonds is the margin/markup of the sellers.
Why are diamonds cheaper in China?
#3 Prices of Diamonds in the Chinese Market Due to high rentals and overheads, the pricing of private jewelers and local chain stores such Chou Sang Sang or Chou Tai Fook are extremely high when compared to chain stores in other parts of the world.
How much does Costco markup their diamonds?
“The markup on diamonds is 14%, which is probably the lowest in the United States.” In addition to some of the best prices and a great selection, Costco also offers an incredible return policy on jewelry that includes a full refund at any time with the diamond's original paperwork.
Are Costco diamonds enhanced?
One-of-a-kind diamond items will include both an IGI appraisal and GIA Diamond Grading Report regardless of carat weight. Colored gemstones are often enhanced in the production process. Colored gemstones offered by Costco have been treated unless otherwise noted.
Where is the best place in the world to buy diamonds?
So, what is the cheapest country to buy diamonds? India is the cheapest followed up by China, Dubai, Thailand, and Belgium. They are the cheapest because most of the world's diamonds are cut there. So you do not have to pay any markup due to shipping or retailer markup.
What is the best way to buy a diamond?
Online stores are widely viewed as the best place to buy a diamond because of the convenience and affordability offered by these retailers. Shopping online can be done from anywhere at any time of day, and customers can open multiple tabs or windows to do comparison shopping between retailers.
Are diamonds worthless after purchase?
You're expected to lose around 25% to 50% of the diamond's cost value if you try to sell it in the market. The resale value of diamond indeed depends on several factors and does not simply fluctuate like gold rate. Typically, you should expect to resell your diamond at 25% to 50% lower than the price you bought it.