Choosing a Diamond for an Engagement Ring?

Choosing the right diamond for an engagement ring can seem a daunting task. Sometimes it’s a good idea to do a bit of window shopping with your future spouse and get an idea of what she likes. If this isn’t an option then a round diamond is the safest bet. It is the most versatile cut, exhibits the most brilliance and can be used in most styles of engagement rings. One shouldn’t choose a fancy cut of diamond unless you know that this is your partner’s favorite.

Once you have settled on a shape, the best way to approach your purchase is to decide on a budget. Buying a diamond is like buying a car, generally you have a budget and then look at the various makes and models that fall within your budget. Don’t forget to allocate an amount for the ring and any smaller diamonds which may also be in there.

Once you know what you want to spend, you can then look at the various combinations of size, cut, colour and clarity that are available within that number. It is my belief that one shouldn’t compromise on cut, and that a diamond should be minimum Very Good Cut.

The options go from a smaller, whiter, cleaner diamond to a larger, off white and included diamond and everything in between. Naturally without budgetary constraints one could buy the biggest, whitest and cleanest diamond available. But with a budget one needs to decide on what is important to you and your partner. Is size what counts? Or quality? Colour and clarity charts for diamonds can be misleading in that people sometimes think that because a diamond is far down the list, for example a K colour and SI2 clarity, this translates into poor quality. This is not true. This simply means the diamond is cheaper as there are more goods available with these specifics. There are beautiful diamonds available in almost all colour and clarity combinations and people are often amazed at what diamond they can buy for their money. There are I1 clarity diamonds which can be eye clean and yellow diamonds are especially beautiful in their own way.

The important thing is to keep an open mind, look at all the combinations available to you.

Sale of South African Diamonds

Naledzi Diamond Cutting Works buys first parcel from State Diamond Trader.

This week saw the first purchase of rough diamonds by Naledzi DCW from the State Diamond Trader. Naledzi DCW is an empowerment company formed in 2008 with the intention of acquiring a rough diamond beneficiation license. This license was awarded in early 2009. Naledzi DCW is currently 18% owned by HDSA and 82% by Millennium Diamonds. By the end of 2010 the HDSA stake will have increased to 25%.

This is the first parcel of rough diamonds purchased by Naledzi DCW.

These diamonds are all produced by South African mines and will be polished entirely in Naledzi DCW factory. The HDSA stakeholders in the business are diamond polishers in the factory and will be involved in the manufacture of these diamonds from start to finish.

The first of these diamonds, a 3.30ct sawable diamond was marked and laser sawn today into 2 parts. The only visible imperfection in the diamond, a small gletz (crack) was controlled by a facet before sawing. Naledzi hopes to cut the larger part of the diamond to a clean (VVS or better) round brilliant cut diamond in an F plus colour slightly over 1.25cts. The “toppie” or smaller half should yield just under a quarter carat round brilliant. The rough diamond exhibits very slight fluorescence and as such the large finished diamond will be a very desirable item in the current market. The polished diamond will be certified by the GIA laboratory and Naledzi will aim to finish the diamond at minimum triple VG (this refers to the cut grade of the diamond).

The total parcel was 3 diamonds weighing approx 12cts in total. Watch this space to find out how the 3.30ct diamond turns out and to follow the progress of the other two rough diamonds.