By Lubna Hamdan
Sotheby's expert shares his top tips when making a purchase
Diamond tips may be a dime a dozen, but when you’re getting them from the global chairman of international jewellery at leading auction house Sotheby's, you know they’re going to be worth it. Diamond expert David Bennett shares six of his top tips:
Keep in mind diamonds are investments
Both customers and collectors are big on buying diamonds for investments. While it is important to consider the colour, cut and weight of the stone, Bennett advises paying attention to the diamond's flaws as well as its certification to attest its quality and geographical origin. “For centuries, diamonds and jewels have always been highly regarded as a very portable store of value,” Bennett says.
Don’t assume that bigger is better
Customers often compromise on a diamond’s colour or clarity to achieve a bigger size and a lower price. But Bennett suggests going for the best quality that your budget allows. “Bigger is not necessarily better. Both colour and clarity are important. Go for the best quality you can afford,” he says.
Cut is more important than shape
A diamond’s cut should be intertwined with its shape (ie, solitaire, princess) to make the most of it. “A good cut will show off a diamond’s natural characteristics, making the most of its brilliance, clarity and colour. So in terms of shape, it’s really a case of choosing a stone you like, which has been well cut,” Bennett says.
Don’t follow trends
It’s easy to follow trends when celebrities and style icons opt for certain shapes or colours, but Bennett says the most important thing is to buy something you like, rather than to follow particular trends. For example, bigger diamonds may have been recently sported by celebs, but we say there is an elegance to smaller diamonds that has proved to be timeless.
Opt for vintage diamonds
There’s something special about a diamond with a story or history behind it, especially when it can no longer be purchased through regular retail channels. That is why, and we agree with this, Bennett suggests vintage diamonds add a one-of-a-kind feel to the stone.
Single diamonds are worth more
What we mean, as Bennett puts it, is that the “the value of a diamond increases exponentially with its weight, ie, a one 8-carat stone is worth far more than 16 0.5-carat stones.” Yet more and more women are opting for more stone in their diamond rings. We say invest in a single stone rather than plenty, as that works better for future investment as well.For all the latest lifestyle news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.