If you are looking to purchase a diamond ring for a good price, and may want to consider looking at a pawn shop for the perfect diamond engagement ring. Armed with the right knowledge and time, you may be able to find the perfect ring for your engagement.

Look Up Pricing Information

The first thing you need to do is familiarize yourself with how much the size of the diamond that you want to purchase typically sells for. Look online and see what local jewelry shops are selling the size of diamond ring you want to purchase. For example, if you want to purchase a 1 carat diamond ring or a 10 carat diamond ring, make sure you know what those types of rings are going for in your local area.

Knowing this information will help you determine if the value you are being offered for the diamond engagement ring in question is actually a good deal or not.

Purchase A Loupe

The second thing you need to do if you are serious about purchasing a diamond ring from a pawn shop is purchase your own loupe. A loupe is a device that allows you to closely inspect the diamond and determine its cut, clarity and sparkle.

If you are trying to get a good deal, it is okay to purchase a diamond that has some inclusions on it, as long as you can only see them when you look through the loupe. Inclusions are imperfections on the diamond. What you are really looking for is a diamond that has the right level of sparkle and clarity. You want your diamond engagement ring to look good on your hand.

Bring Along A Friend With A Diamond Ring

It can be easy to trick yourself into thinking the diamond engagement ring you found has great clarity and sparkle when you are only comparing it to the other diamonds that the pawn shop has in its case. A pawn shop is not a jewelry shop, and only has a limited selection for you to compare the ring you are interested in to.

That is why it can be helpful to bring along a friend who has their own diamond wedding or engagement ring. That way, you can compare the engagement ring's clarity and sparkle that you are interested in to their ring. It will give you a more consistent point of comparison as you visit multiple pawn shops together looking for the right deal. 

Have The Ring Appraised

Finally, before you purchase a diamond ring from a pawn shop, have it independently appraised. That way, you can verify that the information the pawn shop told you about the diamond is true. You can also verify that you are paying a fair price for the ring by getting it appraised. The pawn shop should not have a problem with you having the ring appraised before you purchase it. 

Your perfect diamond engagement ring may be hiding in a case in your local pawn shop. All you need to do is research what you are looking for and want, and then set out to find it. Contact a business, such as Desert Jewelry Mart & Coins, for more information.