Diamond Buying TIP! Many people ask to pay Rap Price for a diamond because someone told them that this is the wholesale price. This mistaken information can result in paying too much for a diamond! True the Rapaport Price List is a tool used by those in the trade as a guide to what a diamond of a certain size, color & clarity should cost. HOWEVER, diamonds can sell for a significant amount less than Rap Price or even MORE than Rap Price. Unless you are in the diamond trade & have experience buying & selling loose diamonds of all sizes & qualities, paying Rap Price is not going to bring you the best price or value. Instead, focus on researching what properties an ideal diamond in the shape you desire should have & do some price comparisons online and/or in person to determine what the diamond should cost. Remember, there is always a reason for a deep discount on a diamond. Protect yourself, consult with an unbiased expert BEFORE you buy.
Posted on: Tue, 16 Sep 2014 12:55:00 +0000
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