So, you have a new diamond, but after wearing it for some time, you have decided that there is something you don’t like about it. Its color may seem a bit off, or it may have a flaw that looks really annoying. Whatever the problem is, what can you do in such a case?
Generally, if you don’t like your diamond, you may be able to exchange it for another one that you like better, or you may be able to return it and get your money back.
Let’s look at each of these options:
Exchange It for a Different Diamond
Depending on what you don’t like in the diamond, you can ask at the store whether it is possible to exchange the stone for another with different characteristics.
For example, you may think that the diamond has too much of a yellow tint, and you want a stone that looks colorless, but you don’t want to pay more money.
In such a case, you can ask whether you could exchange the diamond for one that has a better color grade but is smaller and costs approximately the same as your stone.
Some jewelers may agree, some may not, but it never hurts to ask.
Upgrade to a Higher Quality Diamond
Another option you have is to exchange your old diamond for one that is of higher quality. For instance, if you want a better cut or higher clarity, you may be able to upgrade on these characteristics without compromising on carat or color.
You will have to pay additional money as you will be getting a more expensive stone, but such a deal will usually give you a much better value for your old diamond than if you try to sell it for cash.
Trade It In for a Diamond of the Same Quality
Sometimes, you may be able to trade your old diamond in for one of the same quality and with a similar price tag. Why would you want to do that?
This option often makes sense if you bought a diamond of borderline clarity such as SI2 or I1. These stones have some inclusions that can be seen with the naked eye, but depending on the particular stone, they may be more or less visible.
For example, an SI2-clarity stone will have some visible inclusions that can be seen from the side but not from the top. However, you may not like the location and visibility of one or more of these flaws.
If the jeweler agrees to an even exchange, you may be able to find another SI2 stone with inclusions that are smaller and located in such a way as to be less noticeable.
You can always try this option if the jewelry store allows such deals. Diamond quality scales allow for some leeway within each grade, and that’s why stones of the same “on-paper” quality may look different in reality. If you look and compare, you could find a diamond that you will be more pleased with.
Return the Diamond
If nothing else works for you, you may be able to return your diamond and get your money back. However, this depends on the return policy that the stone was sold with.
Some stores will specify a period during which you can return your purchase.
Sometimes, however, there will be no option to return your diamond. That’s why you should pay attention to return policies and their terms before you buy a new stone.
Some diamonds may look cheap at first glance, but it may turn out that you won’t be able to return the stone if you don’t like it.
Where to Buy Diamonds and Diamond Jewelry?
Looking to Sell Your Jewelry?
To sell diamond jewelry or watches, go to WP Diamonds and fill out the valuation form to get an estimated price.
If you have gold, silver or platinum to sell, check out the Ross-Simons Gold Exchange.