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When you think about buying a diamond, your first thought is likely to visit a brick-and-mortar jewelry store – yet there are numerous benefits to purchasing through a broker. Whether you want a loose gem for a custom engagement ring, necklace or another piece of jewelry, wholesale diamond dealers offer a wide range of cuts, carats, colors and clarity to get the perfect stone to suit your requirements.

You will also receive exceptional service as professional brokers have a wealth of knowledge about the industry and current prices. They can educate you on what to look for in a diamond. This personalized service also ensures you get a high-quality stone at competitive prices rather than the highly marked-up cost from a retailer. 

What is a Diamond Broker?

A diamond broker will have your best interests at heart. They are experienced professionals who, unlike most retailers, will know every detail about each diamond, including the 4C’s, the grading scale, and much more.. A broker can facilitate the buying and selling of diamonds directly to a customer, and they may also provide other services, including appraising gems or sourcing stones with specific characteristics.

When you have a specific design in mind, occasionally it requires an equally specific diamond to complement it.  A broker can guide you in navigating the complex diamond buying process and avoid settling for what a retail store has in stock. A broker can use their expert knowledge and network of wholesalers and cutters to source the perfect gem for your jewelry. You can take advantage of buying a loose diamond from a broker, which you can then use to create a one-of-a-kind design. A retail store would be less likely to provide this tailored service. 

Benefits of Buying Diamonds from a Jewelry Broker

There are many benefits to buying a diamond wholesale through a broker, including saving time, lower cost and better quality.

Save time

You can have your pick of multiple diamonds that suit your requirements when you collaborate with a broker. Building a relationship with a broker can save you time and frustration since you can source the best stone for your jewelry in one convenient location without needing to shop around at different stores.

Lower prices

When purchasing diamonds from a broker, you are essentially buying directly from a cutter or wholesaler, which means you can save on cost as there is no go-between. You can avoid the significant price markup that retailers typically put on a gem and either upgrade to a higher quality diamond or enjoy the savings by purchasing from a broker. 

Better quality

You can have a wider selection of diamonds through a broker and find one that will suit your vision for an engagement ring, necklace or earrings. A retail store is often limited to gems or diamonds currently in stock, whereas a broker will source a diamond that meets your requirements. They will also provide you with a grading certificate to be confident that the diamond you’re viewing is graded accurately and priced fairly.

Unbiased advice

As brokers can source diamonds from a selection of wholesalers, they can provide you with a high-quality stone that suits your interests and budget rather than simply trying to sell gems they have in store. A reputable broker will give you impartial and unbiased advice to purchase the best diamond within your price range. They also have extensive knowledge of the industry and can assist you in finding a diamond with the right cut, carat, color and clarity to suit your desired jewelry design. 

How to Select a Diamond Broker

You can simply search online for a diamond broker, though there are a few considerations to keep in mind to ensure you use a reputable business.  For more than 30 years, we have worked closely with companies that appraise diamonds and always sell certified stones.

A broker should also have an exceptional understanding of diamonds beyond evaluating the stones. Their knowledge should include the workings of the wholesale industry, retail market and other available gems to ensure you receive quality service and a fair price for a diamond.

Find a Diamond Specialist Near Me

We provide excellent and trusted diamond brokering services with competitive prices, so you can be confident that you’re getting the best gem to suit your vision and budget. You can enjoy the diamond buying process with our comprehensive guidance and education as we go above and beyond to meet our client’s desires. We also allow you to view each diamond under a 10-power loupe or higher. Reach out to JPratt Designs and make an appointment for our diamond brokering service.

Stay tuned, more blog items coming soon!

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