Wholesalers usually offer diamonds at much lower prices than what you would pay at a branded jewelry store because overheads like distribution and marketing costs are already eliminated. This means that you are buying diamonds from the same place, at the same price, as the fancy diamond jewelry retailers do.

IGI or GIA? Both IGI and GIA are reputable diamond grading laboratories that provide reliable and accurate diamond certification. However, GIA is generally considered the more prestigious and established institution, with a reputation for having the most stringent grading standards in the industry.

Buying a certified diamond will give you peace of mind and with a guarantee of the quality, a better resale value is achieved. However, if you are dealing with a reputable jeweller (who is well established), or if you are on a budget, then a non-certified diamond may be a great option for you.

How much does a Gia certificate cost. The GIA report lab charges between $150 to $300 for the diamond's certificate. In order to certify your diamond with a GIA report, the cost depends on numerous factors such as the 4Cs factors, the type of diamond certificate, and other features for purchase.