If the choice of a diamond according to its characteristics of weight, cut, shape, purity and color has already been made, the main question arises: where is it profitable to buy diamonds in Israel? There are really few options, you can either buy jewelry with diamonds in a jewelry store, or buy a certified diamond separately, followed by custom-made jewelry. Both options have their advantages and disadvantages, we will consider them in more detail.
Advantages of buying diamonds on the Israel Diamond Exchange and making jewelry in a jewelry workshop:
• Price for diamonds is a large part of the cost of jewelry. Therefore, if you are going to order jewelry from a jeweler, you need to find a place with the lowest prices for diamonds. If you succeed, you will save a huge amount on the whole decoration. A very important plus of buying a diamond with the subsequent manufacture of jewelry is the lowest price for diamonds, and, as a result, for finished jewelry. Selling diamonds in Israel directly from a faceted enterprise guarantees the lowest price for diamonds, as it is carried out by the manufacturer, that is, at the beginning of the pricing chain;
• The diamond has a certificate (it is also called a report) one of the most world famous and reliable gemological laboratories (GIA, EGL or IGL). This document is a guarantee that the characteristics of the stone indicated by the seller are true.
• At a faceted enterprise, unlike a store, you can choose one diamond from many with similar characteristics, as well as independently examine it carefully with using special equipment. You yourself will protect yourself from buying a stone with polishing defects, scratches, small cracks or chips. Indeed, even at first glance, a minor defect significantly affects the value of a diamond. And in a jewelry store they can sell you jewelry with a stone, the flaws of which were hidden by an experienced jeweler by means of fastening.
• When you buy a diamond yourself, you also choose the shape of the jewelry that will definitely satisfy your taste and cost exactly as much as you can pay for it. After buying a diamond on the Israeli Diamond Exchange, you will have a great opportunity to choose a product where you can insert it in one of the wholesale jewelry stores or in a prestigious salon. In jewelry stores that are not considered branded, a gram of gold of the 750th test (18K), taking into account the work of the euquelier, costs about $ 40.
Despite these obvious advantages, buy a diamond in Israel < / em> directly on the diamond exchange is not so simple, and there are a number of reasons for this. A diamond business is a closed business, diamond offices are wary of strangers for security reasons and are unlikely to deal with an unfamiliar, single client, all the more there is no guarantee that the transaction will be completed at all. There is also a restriction on the purchase budget, given the average diamond office margin, which is about 5-7% of the diamond value, transactions worth less than $ 1000 are not of commercial interest. The retail purchase of small diamonds weighing up to 0.40 carats is hardly feasible in practice, due to the lack of economic interest from the seller. It will also be quite problematic to make jewelry with very small diamonds in a short time, due to the large amount of work and small profit. Due to its legal status, diamond purchases within the exchange are not subject to VAT, so the tourist avoids worries in advance with his return at the airport.
The dealer’s task is to find out the client’s preferences, consult on possible options, select diamonds and explain Pros and cons in a particular stone. A gemologist consultant provides a certificate from an independent gemological laboratory, or provides an expert opinion on a diamond. Finding a large number of diamonds of similar quality characteristics is a lengthy procedure, so it is recommended to contact us in advance and make a reservation.