Best Time Of Year To Buy Diamond Jewelry
Fine jewelry, which Brenner notes can also be referred to as high-end or luxury jewelry, is jewelry that is made with precious metals like yellow gold, white gold and platinum. These pieces may also include diamonds and other precious stones such as emeralds, rubies and sapphires, adds Dustin Lemick, a third-generation jeweler and founder and CEO of BriteCo. Lemick also notes that while some fine jewelry pieces can be made with semi-precious stones, jewelry that is made with any type of imitation stones or base metals is not fine jewelry.
best time of year to buy diamond jewelry
Have you been looking at engagement rings or another special piece of jewelry and aren't sure how to get the best value for your money? If you need to make an expensive jewelry purchase on a budget it's helpful to plan ahead and think about what time of year you are going to buy that engagement ring. Jewelers might offer items at discounted prices to encourage sales during slower seasons, and the fluctuating prices of silver and gold can contribute to the cost of finished pieces. The price of diamonds and other precious stones can also change with demand.
If you weren't able to make your big jewelry purchase before the busy holiday season started, and you need to have it before the January lull, there are still a few things you can do to save money. While diamonds will be at their most expensive during the late fall and early winter and are rarely discounted, many jewelry sellers offer sales on the cost of the setting during Black Friday, Cyber Monday if you're buying online, and other traditional holiday sales periods. If you have to buy during the busiest shopping season waiting for a sale helps you save.
You'll have to contend with crowds when shopping the holiday sales so do some research ahead of time so you have an idea of what you want. Sellers might not have as much time to spend with each customer, and rushed orders might bring additional charges. You'll also have less time to make a decision without worrying that the piece you have your eye on will get snapped up, so know your budget, know what you want, and go get it as soon as those holiday sales hit. It doesn't have to be hectic shopping for jewelry during a busy sale.
Everyone gets caught up in the holiday spirit of giving and receiving gifts, but with so much buying happening it can be overwhelming, and investing in a special jewelry purchase can add a strain to your wallet. If you can hold off until the rush is over you might be able to find your perfect piece for a reduced after-season price. In times of demand, jewelry prices can go up, so if you start looking around a few months ahead of when you want to purchase you can notice trends and get an idea of items in your price range.
You are more likely to find reduced prices on jewelry during slower times of the year. After the winter holidays, shops might want to move items that didn't sell during the Christmas rush so January can be an ideal time to nab some discounts. You'll have more time to browse without the hustle and bustle of the December shopping crowds and can spend more time deciding on which piece your special someone will love the most. You might be able to ask and see if a seller is willing to go lower on the price of that perfect item.
Maybe you'd spent too much over the holidays and prudently didn't want to make any big purchases in January. Then February rolls around with Valentine's Day and the second busiest time for jewelers when demand, and prices, are high. This makes March the ideal time for buying that signature piece you've been craving or a diamond ring for that special someone. After the dual romantic periods of Christmas and Valentine's Day are over it is the perfect time to make your valuable purchase and secure that perfect anniversary ring or diamond earrings for your beloved when prices are lower.
With no romantic or gift-giving holidays to celebrate during the long summer days, July and August are often a slow time in the jewelry business and a perfect time to buy. Usually, by the time the summer wedding season rolls around rings have already been purchased a few months in advance, therefore jewelers don't have the large influx of summer business that other wedding vendors do. You might be able to make a lower offer as sellers try to clear some stock before new inventory arrives in preparation for the busy holiday season.
During the slow summer months when demand is low the price of gold, silver, and even diamonds can also decrease which will ultimately affect the price of the final product and you'll be able to find quality jewelry pieces at prices you might not see in winter. Early autumn is also a slow time to buy, so planning a little further ahead for a Christmas gift or a Christmas proposal can save you some money or get you a higher value item for your budget. Buying during the slow months is less stressful and lets you take time for decisions.
There are certain times of the year when the prices of diamonds and engagement rings are the lowest. You can enjoy massive discounts during special events when you want to buy the piece of jewelry you would like to give as a gift to your loved one.
Take note of the occasions and the best time of year when special promotions are given on diamonds and engagement rings. When you spot these occasions, you can get the best deal for the diamond or engagement ring that you desire.
The best vendors for diamonds and engagement rings like Shira Diamonds may or may not offer discounts or sales, but you can find better prices and options for settings during specific times of the year. Remember that the lowest price will not always guarantee you the best quality diamond or engagement ring.
Best Tip: For diamond purchases, it is best that you pay attention to the original price of your desired diamond piece and set it weeks before Black Friday. This will ensure that the price you will be paying for your diamond is discounted.Christmas SalesChristmas is one of the best times of the year to make a diamond purchase. Well, even before Christmas and after Christmas are great times. During this sale season of almost every product in every industry, stores get very competitive to attract customers.
If you start your search early, you will have a greater selection to choose from and more time to think about your purchase. Look for a piece of diamond jewelry that suits your specifications.
Just like all other stores, jewelry stores offer discounts on Black Friday. Plus, getting your ring before the holiday season means you can propose sometime during December. The best time to gather the family around and celebrate. And you will have just enough time to plan your proposal.
The best vendors rarely have large discounts, but offer small ones during the holidays and other promotional periods. For example, James Allen and Blue Nile never discount their diamonds, but sometimes offer sales on their settings.
Mike Fried has written hundreds of articles and helped answer more than 30,000 emails from our readers. This has given him a unique perspective on what information truly helps our readers in their quest for finding the perfect diamond engagement ring or piece of jewelry.
Our article below gives you honest information about the best time to buy a diamond engagement ring or a loose diamond. The goal is simple: to help you have the greatest chance of getting the most beautiful diamond for your budget.
With that said, some reputable vendors may offer slight discounts or seasonal promotions. The sales might save you a few percent on your purchase. Below we outline the best times to buy a diamond ring.
According to this guide in diamond industry publication Rapaport, many mall-based stores provide discounts during November to compete with online jewelry retailers who offer Black Friday deals for shoppers.
Some shoppers prefer to avoid the holiday rush, as it can be harder to find a ring within your specifications. If you want to take your time in looking at various prices and diamonds, you may not prefer the busy holiday season. The one you want might be gone by the time you come back to it.
September and October are often the best months to buy an engagement ring. These months are often relatively quieter times for the jewelry industry, meaning some diamond vendors may run promotions to encourage shoppers to buy during the fall season.
Because there are many great opportunities to buy an engagement ring throughout the year, a little diamond knowledge and planning will go a long way. Review our Diamond Pro educational resources to ensure you choose a beautiful engagement ring at an excellent price.
Throughout our extensive years of experience in the diamond industry, we have found that online vendors offer the best selection and best value. Diamond dealers like James Allen, Blue Nile and Brian Gavin Diamonds are trustworthy and reliable, and offer some of the best inventory in the world.
There are several reasons for this, but the biggest is that the economics of operating a diamond jewelry business online simply allow for better pricing than the economics of running a physical, brick-and-mortar retail business.
We highly recommend looking for a ring through a reputable online vendor above any brick and mortar store. The best engagement ring stores are online. Nervous about buying online? Blue Nile and James Allen have exceptional return policies, and their online stores also allow you to view every diamond up close before purchase.
When is the best time to buy an engagement ring? In general, we recommend that you start the research process two to three months before you plan to propose, then get the ring as early as possible before your planned proposal date.
In our experience, the best places to buy an engagement ring online are James Allen and Blue Nile. Both have huge inventories of beautiful diamonds and settings at industry-leading princes, all with generous return and ring resizing policies. 041b061a72