At Diamond Storages, we are committed to ensuring you always get a fair retail price for your diamonds. That’s why we set our diamond prices in accordance with the IDEX Diamond Retail Benchmark (DRB), a reputable industry standard.
What is the IDEX DRB?
The IDEX DRB is a comprehensive diamond pricing tool used by industry professionals to determine retail diamond prices. It considers four key factors that impact a diamond’s value:
- Carat Weight: The heavier a diamond, the rarer and more expensive it is.
- Cut: The quality of a diamond’s cut affects its brilliance and beauty, and therefore its price.
- Color: Diamond color ranges from colorless (the rarest and most expensive) to yellow.
- Clarity: Diamond clarity is graded based on the presence of inclusions (internal imperfections) and blemishes (surface imperfections).
How We Use the IDEX DRB
When setting retail diamond prices at Diamond Storages, we consider:
- The Latest IDEX DRB Version: Diamond prices are constantly fluctuating, so we use the latest IDEX DRB version to ensure the most accurate pricing for you.
- Independent Grading: The cut, color, and clarity of a diamond are determined by an independent gemological laboratory with a strong reputation.
- Our Experience and Expertise: We have extensive experience in diamond valuation and can factor in other relevant factors that affect their value.
Transparency and Trust
We believe transparency is key to building trust. That’s why we will always provide you with all the information you need to understand how a diamond’s price is determined. You can review the gemological laboratory certificate and learn more about the IDEX DRB on the website https://www.idexonline.com/.
At Diamond Storages, you can be confident that you will always pay a fair retail price for your diamonds.
Additional Information:
- Why Use the IDEX DRB? The IDEX DRB is a reliable and transparent diamond pricing tool that helps you avoid overpaying.
- How Can I Check a Diamond’s Price Using the IDEX DRB? The IDEX DRB website provides an online tool that allows you to search for diamond prices based on their cut, color, clarity, and carat weight.
- What Should I Do If I Have Questions About a Diamond’s Price? If you have any questions about a diamond’s price, please don’t hesitate to contact our diamond experts at Diamond Storages. We are happy to assist you.