The diamond scanner looks like a piece of space-age technology, but it’s an incredibly handy tool to have if you’re buying an engagement ring or other precious jewelry. The scanner lets you know exactly what you’re getting before you buy, and it can also show you any flaws in the diamond, which makes it easier to negotiate and get the best price possible. If you want to learn more about the diamond scanner, here are some helpful facts about this piece of technology!
How It Works?
Many diamonds are worth far more than their weight in gold. For example, a one-carat diamond that’s worth $5,000 would be about five times as valuable as an ounce of gold (which has sold for around $1,700 per ounce). Unfortunately, it can be difficult to tell if a diamond’s price will truly match its value. That’s where a new portable tool comes in: diamond scanner can quickly and accurately determine how much any given diamond is worth.
The scanner shines light through a diamond and uses software to analyze what happens when different wavelengths of light bounce off of it. A diamond’s exact make-up is then used to determine its market value. This technology should allow people who aren’t jewelers or gemologists to get reliable information on diamonds without having to rely on anyone else—and without having to pay for expert advice upfront.
While diamond scanner aren’t perfect, they do offer some peace of mind for people who want reliable information before making big purchases or investments. And because these devices are relatively inexpensive, it may not take long for them to become widespread among consumers. As these tools become easier to use and more affordable, many experts predict that diamond prices will decrease across the board as diamond buyers start doing their research with easy-to-use scanners instead of relying on jewellers.
If you’re interested in investing in diamonds but have been nervous about paying top dollar without knowing exactly what you’re getting, diamond scanner could be right up your alley. These devices won’t eliminate risk from diamond buying, but they do offer peace of mind while helping buyers save money by eliminating expensive expert advice upfront. In other words, diamond scanner might soon become a better investment than gold!
How You Can Use It To Shop Smarter?
The purpose of a diamond scanner, which you’ll find in some jewelry stores, is to scan diamonds and figure out their exact value. The scanner takes specific measurements of each diamond, such as its size and cut grade, before running it through an algorithm that calculates its worth. Some retailers will let you get a rough estimate by just examining your eye; if you’re shopping for diamonds without help from a jeweller or with no scanner nearby, these tips can help you maximize your budget.
Keep in mind that there are thousands of factors that go into determining value—weighing carat weight against quality grade can make a big difference—so don’t be surprised if there are slight differences between your estimate and what a jeweler says.
But overall, using a diamond scanner when buying diamonds is one way to ensure you aren’t overpaying. It can also help inform your decision on whether or not it makes sense to sell an old diamond scanner and use that money toward something new. This is another case where doing research ahead of time can pay off: if you already know how much a diamond should cost, then even if someone tries to charge more than that amount, you’ll have proof they’re charging too much.
At least at first glance, because looking at different angles could change things slightly. Either way though, being able to compare prices helps keep buyers from getting ripped off!
And What To Do If You Find A Lower Price Online?
Customers who purchase engagement rings from us can sign up for Diamond Plan or our BuyBack program. Each plan entitles you to some great advantages: under Diamond Plan, if a diamond is found online at a better price within 30 days of your purchase, we’ll refund you 150% of that difference; and with BuyBack, we’ll buy back your ring (purchase price plus any profit) if you ever decide to sell it back. To learn more about Diamond Plan and BuyBack, please contact one of our Diamond Consultants today!
It’s always smart to be sure you get what you pay for. For example, if someone advertises an A+ quality diamond for $1,000 less than another store—beware! This diamond could very well be worth less than advertised. However, there are ways to protect yourself from such dishonest practices: you can buy your diamond from a reputable dealer and sign up for Diamond Planning or BuyBack before making your purchase.
With these plans in place, it doesn’t matter how much your diamond is worth (because we will always give you 150% of that difference) or how much money you originally paid for it (because we will buy it back from you at any time).