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Have you ever considered buying diamonds over the Internet?

For some, this idea is instantly dismissed, and considered a bad idea. With the amount of people who use the Internet for fraudulent purposes, it is no surprise that those who are in the market for diamonds typically stay away from the internet. But, it is indeed possible to purchase diamonds online without experiencing problems if you take the time consider your purchase carefully.

The main reason why many people choose to buy their diamonds online is the cost. When a diamond is offered in a jewelry store the cost often includes the cost of running the store. Online sellers do not have the same costs that are added on to the cost of the diamond.

You can often find a much better deal by shopping online but you should be careful, however, for if the price is too low it could mean that you could be dealing with a dealer who is not being truthful.

Another benefit of purchasing your diamonds online is the amount and variety of diamonds to choose from. You can purchase diamonds from all over the world and the amount of gems to choose from is limitless.

When you are search for diamonds in your local area your choices are limited to those stores. Of course, you should be careful about who you are dealing with online. Your money should stay in your pocket until you are sure of the authenticity of the dealer.

It would be in your best interest to become more knowledgeable on diamonds. Learn the criteria for finding a high quality diamond. Cut, clarity, carat and color are the four criteria that you should look for in your diamond purchase.

If you know the basics about diamonds, the fraudulent dealers will have a difficult time fooling you. Learn these basics and you will be ready to begin searching for your diamonds.

Here is how you can shop for diamonds online, conveniently and safely.

Do your searching slowly and methodically. First look at a variety of diamonds that are for sale online. Don't jump on the first one that you see that you like. Look for other diamonds that are very similar to the one that you like. Try to find a lower price for a similar diamond.

The benefit of shopping online is the ease in which you can comparison shop. Now that you have your pick of diamond, the lowest price you can find and you have the knowledge under your belt, you might think you are ready to make a purchase. But actually you still have a little more work to do.

You must investigate the dealer that you are considering doing business with. First ask them for their credentials. What kind of jewelry associations do they belong to?

Look into the return policy and print it out for your records. Find out if they have services for mounting your diamond and sizing the jewelry. Investigate the shipping costs and see if they offer free shipping.

You can also search for other customers on the Internet through review services. Find out if anyone has had any bad experiences with this dealer. Finally inquire with the BBB online to see if other customers have registered complaints.

You can also ask the dealer to provide you with an independent report from one of the grading laboratories. Some of these laboratories are the GIA, EGL, HRD and the AGS. Make sure that you see a report from one of these before you make a purchase.

It is also a good idea to use an escrow service for your diamond purchase. If you are buying something that has such a high value like diamonds, using an escrow service will protect you and the dealer. Some escrow services will even provide you with a diamond appraisal.

How escrow works is, the seller gives the diamond to the escrow service and you send the money to the same service. Once the diamond has been appraised, the escrow service will send the diamond to you and the money to the dealer.

So while there may be a few advantages of buying a diamond online, it may not work for those who want to actually feel and view a diamond up close to help them decide on a purchase, and at the end of the day it would depend on what the buyer is comfortable with and what lengths or effort a buyer is willing to spend in order to purchase a diamond.

Are you buying a diamond online or your local jeweler? Do you know the cut you want, or how to get it at the right price? Get answers to frequently asked questions about diamonds and other gemstones on http://www.onlinejeweler.info the gems and jewelry information resource site.