diamond exchange


The Diamond Exchange: A Great Place to Shop
Mike Jerry

Designer Diamond Beauty


Introduction
A diamond exchange is a wonderful venue to shop for diamonds at a lower price. These market places offer loose diamonds at wholesale prices and are located in major cities all around the country. As an added convenience, they are also online so you can shop from the privacy of your own home. Jewelers will sell solitaires and wedding sets for hundreds of dollars versus the thousands of dollars you'd pay at a jewelry store. You need to be aware, though, that a brokerage fee or commission will be added to the sale. As long as you are educated about the jewelry you plan to purchase, these venues can help you save a lot of money.


What is a Diamond Exchange?

First, a diamond exchange is a market place for diamonds. It is a way to buy diamonds at a great price, wholesale if you will, with a small commission or brokerage fee. Buying at a diamond exchange also allows you to purchase the right diamond for you. You can also buy large amounts of diamonds and loose diamonds (diamonds that are not yet in a setting). Diamond Exchanges are even online now, so that you can buy large quantities of diamonds at wholesale prices over the Internet.

When you are looking to buy diamonds over the Internet, perhaps the biggest site in the U. S. is Bluenile.com, and they are now in Canada also. This website gives a lot of choice and variety when it comes to buying diamonds, not to mention great prices on diamonds.

Almost every major city seems to have a Diamond Exchange. Online I found the New York Diamond Exchange, the Toronto Diamond Exchange, The Chicago Diamond and Jewelry Exchange. And of course there are Diamond Exchanges in many countries around the world.

The Toronto Diamond Exchange

On the Toronto Diamond Exchange, I found that diamond solitaires sell for between three hundred and six hundred, and are 3.5 to 7.0 karats in weight. Their right hand rings price range sits at eleven hundred dollars each. Wedding sets range from eight hundred to slightly over a thousand dollars.

The New York Diamond Exchange

The New York Diamond Exchange or NYDEX is a brokerage and trading organization dealing in diamonds. They operate by selling diamonds to the public at dealer's prices plus a commission. The NYDEX offers a search submission to find the diamond that is right for you and offers a full seven-day return policy for a complete refund.

The Chicago Diamond and Jewelry Exchange

The Chicago Diamond and Jewelry Exchange or CHIDEXX, is a diamond brokerage whose objective is to offer the educated consumer their choice of diamond at cost with low brokerage fees. The CHIDEXX advertises on their website that there brokerage fees start $350. Similarly to the New York Diamond Exchange's return Policy, Chicago's offers an unlimited ten-day money back guarantee.

When it comes time for you to purchase a diamond, and you have educated yourself about diamonds and know exactly what you want, then look into buying your diamond through a diamond exchange, and save a great deal of money.

More Buy Designer Diamond Jewelry Info

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Buying a Cheap Diamond Engagement Ring: A Guide for the Budget-Conscious Consumer
The Glamour and Allure of the Diamond Earring
How to Choose the Perfect Diamond Engagement Ring