When Is The Best Time to Buy Diamonds?

A diamond is an elegant piece of jewelry that will cost a huge investment. But it is a piece of jewelry that highlights the most important events in life.

So, if you are considering getting the perfect diamond jewelry, you should also consider the best month to buy diamonds.

Also, consider the best place to buy engagement rings to make the most of this beautiful piece of investment.

There are most certainly times of the year when massive discounts take place all over the world for diamonds. These discounts vary in different places depending on celebrations, since special events also vary across countries.

You should spot the occasions within the year in your place where special promotions are given on diamonds and other pieces of jewelry. Plan ahead and get the piece of diamond you desire when there are great deals.

This article will give you information about the best time to buy the best diamonds for your budget.

Great Time to Buy Diamonds

You can spot timing to buy diamonds, especially during certain seasons and holidays where there are perks that come along with the sale. It is contrary to the belief of many that prices of diamonds are expected to be higher when the demand is high.

Most often, diamond dealers and vendors love diamond shoppers, so they offer discounts to encourage buyers to buy from them.

The typical discount seasons in the US are known to be:

• Black Friday,
• Christmas day,
• Labor Day,
• Thanksgiving,
• Independence Day,
• Mother’s Day, and
• New Year
• After Christmas, before Valentines’ Day
• After Valentine’s, in the Spring

There are some specific times in the year when diamond prices drop, and we would like you to know more about them in this list:

1. Black Friday Sales

The best times of the year to make a diamond purchase include Black Friday sales. This is around the Thanksgiving holiday where many stores and websites offer big discounts.

This Friday is an excellent time to buy the best diamond at a great price. Many shoppers hold off on making any major purchases all year until Black Friday.

This is a global “tradition” when there are sales cut across different industries, including the diamond industry. Shoppers can find huge discounts on different pieces of diamond jewelry, like earrings, engagement rings, and special collections.

Wait for Black Friday’s sales if you want to get the best deal on a piece of diamond you have been eyeing for a long time.

Look for a diamond company that offers good value and has great profit margins, so that you can get serious discounts.

Most diamond sales are on pieces of diamond in a setting since settings come with a hefty price tag as well. Make sure that you make the right purchase, considering the many factors that come with buying a diamond.

Best Tip: For diamond purchases, it is best that you pay attention to the original price of your desired diamond piece and setting weeks before Black Friday. This will ensure that the price you will be paying for your diamond is discounted.

2. Christmas Sales

Christmas 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.

Hence, it’s a great time to get a good deal on diamonds. So, you should start early to look for the perfect designs or setting for the piece of diamond jewelry that you would like to buy.

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.

Best Tip: Take time to compare prices before the busy holiday season and to look at options. If you missed the Black Friday discounts, you should start early on before the Christmas holidays as your best option.

3. Cyber Monday

It seems that November and December are the best times of the year to buy your best diamond.

The sales keep going just before Cyber Monday and if you are eyeing an excellent diamond from a diamond company that offers good value, you can purchase your best choice of the diamond before it’s gone.

Black Friday sales are usually extended and merged with Cyber Monday sales. Cyber Monday is the first Monday after Thanksgiving, usually around Nov. 25th to Dec. 2nd).

Also, just keep in mind that it’s NEVER TOO EARLY to invest in gifts (Tennis bracelets, diamond earrings, pendants, anniversary rings…etc).

If you want to surprise your loved one with a diamond on Valentine’s day, now is the best time to buy a diamond while it is in the heart of a great sale.

BestTip: Most good deals are offered (and run out) during Black Friday, and less is left for Cyber Monday, so if you have the option to choose, don’t wait for Cyber Monday. It would be a great time to buy a diamond when you didn’t catch the sale on Black Friday!

4. Valentine’s Day

Valentine’s Day is a very highly commercialized holiday and there will be a lot of great sales on the best diamonds that you can get your hands on!

Similar to the Christmas rush, Valentine’s rush can offer great discounts. This season of love carries with it promotional sales for engagement rings for those who are planning to propose during spring and summer.

Best Tip: Pay attention to the prices before Valentine’s to make sure if the price you are paying for on Valentine’s Day is a good deal or just a trap.

5. Mother’s Day

Although Mother’s Day is an unconventional holiday, it is celebrated so much that people around the world consider it a worthwhile celebration.

Diamonds are considered one of the best gifts to show love and gratitude to mothers.

Many types of diamond jewelry are on sale during Mother’s Day since it is a celebration of gratitude.

If you are not planning to give a diamond as a gift to your mother, you can still take advantage of the diamond sale on this day for future celebrations like birthdays, anniversaries, or a proposal.

Best Tip: Be wise and always note the prices a couple of weeks before Mother’s Day before you decide if you are getting a good deal or not!

Best Place to Buy Diamond Engagement Rings

Buy online from a reputable store. Online vendors offer the best selection and best value for diamond jewelry.

They can offer you the best inventory. There are a handful of recognized, trustworthy, and recommended online diamond dealers. You might even find a store that has state-of-the-art imaging technology.

The reasons why it is better to buy your diamond engagement ring online include:

• Much more variety in the number of diamonds to choose from
• Imaging technology that will give you a near-to-perfection view of the diamond you choose to buy. You can view every diamond up close before you purchase.
• Buying online is somewhere 15-25% cheaper than getting your diamond from a local store.

Buy the Best Diamonds With the Best Price

You can take advantage of great sales and obtain huge discounts on diamond pieces and diamond jewelry when you keep an eye and ear on the diamond market.

A diamond can be very expensive when you buy it at its regular price, so it will pay to have ample knowledge on the best times and places where you can purchase the diamond of your choice without draining your bank account.

Get the chance to acquire the gem of your dreams (or your loved one’s dream) to make the special occasion more memorable and significant.

Learn about the best tips for buying diamond jewelry, apart from the best times and places to buy it, to ensure that you choose a diamond at an excellent price.

Best Month to Buy Diamonds

November could be the best month to buy diamonds with Christmas being only a few weeks away and New Year coming on shortly. It’s a great time to finalize the payment on diamonds because you might not be able to get better deals any other time of the year.

When and Where to Buy Diamonds

It is always a wise choice to time your purchase during the sales season. Strategize and plan ahead to save yourself a lot of unnecessary spending.

Plan ahead and start looking for the piece of diamond you want to buy 2-3 months in advance so that you will have enough time to narrow down your options, look for the right vendor, and have the diamond be made (if it is customized), and shipped.

Remember that getting the best value on your diamond will not depend very much on diamond sales, but it will depend more on your knowledge and the diamond vendor you choose to buy your diamond from.

Shira Diamonds is proud to continue to contribute to the business community of Dallas, Texas, with its beautiful wholesale diamonds. It takes great pride in being a go-to wholesale diamond supplier in Dallas, TX.

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Shira Diamonds is the only TRUE diamond wholesaler open to the public. We have all types of loose diamonds, diamond studs, and custom diamond engagement rings for sale. Contact us today!