Wholesale Diamonds

First and foremost, you need to know this: The general public can not get wholesale prices for diamonds. If a diamond dealer tells you that they are diamond wholesalers and will give you the wholesale price, they are not being completely truthful. To be able to buy diamond at wholesale prices, wholesalers will generally require you to be a jeweller who has a registered business, a business license issued by the state, and 3 or more references from other wholesalers in the business. Diamond vendors are required to purchase big quantities of diamonds and have to be registered with the Jeweler's Board of Trade (JBT). If a jeweler tells you they are selling diamonds at wholesale prices, they are most likely taking advantage of your ignorance of the industry as a whole. Your best and safest bet is to locate a jeweler that has been able to minimize their operating costs to a good degree and is thus able to pass those savings on to you, the customer.

How to win free jewelry

There are several advantages to shopping for diamonds online:

1. Prices are a lot lower. Although you won't get diamond wholesale prices, diamond dealers who operate online just don't have the same level of overhead that jewelry stores do. For example, these costs include the renting or purchase of commercial space, employees, security officers, product displays, store decor, and most of all diamond inventory.  Expenses like these are definitely factored in to the price of the diamonds you are looking at in a store. So although you are not going to find wholesale diamond jewelry like wholesale diamond rings, you will pay a lower price. 

2. The selection is more expansive. Stores only stock a small number of items some of which will take over a year to sell; they just do not have the level of traffic and volume ability that online sellers have. Thar is why online sellers can have a tremendous inventory of ready to customize products that they can quickly move. This results in lower inventory costs that are factored in to your diamond costs as well as a much more expansive selection.

3. Convenience. You can actually shop from your bedroom for diamonds online. Not only that, but a lot of online merchants have a data base of loose stones you can look through, allowing you to make comparisons quickly and easily. Running around from one store to the next can get old really fast.

4. Tax-free. If you are not purchasing a diamond from within your state, then you won't pay tax on it online. If you are buying a $5000 diamond, this can be a big savings.

1.The first disadvantage people think of is that you won't be able to see the diamond in person.  This is actually a fallacy though. You don't really need to see a diamond in person to be able to judge its quality. Buying a diamond is similar to buying a house; just decide on the specific qualities that you want, decide on your price range, and then make the purchase. Diamonds are really just carbon that has been compressed. If you know the specifications of the diamond you want, it becomes quite simple to make your selection, but some people will still want to see it in person. This is particularly true if you don't know how large a 1 ct diamond  is, or how yellow a "J" color diamond would be. If you are one of these people, you may want to go into a store to gain more knowledge about diamonds, because it would be difficult to figure this out online.

2. Returns. Although a lot of online merchants provide great and easy return policies, you will still need to mail it in, and sometimes it really is easier to go into the store to take it back. If you are proposing and not sure of her response, you will either want to buy from a store or ensure that you will have an easy return experience from an online merchant.

Overall, it is safe and easy to shop online and the bargains are better than what you will get in a store.  For savvy and educated buyers, it is the best way to purchase diamonds at close to wholesale diamond prices.