A diamond wholesaler is not for only the savvy grooms-to-be can save as much as 40-percent by cutting out the middle-man but anyone. To enjoy the significant reduction in cost, you'll get your diamond directly from the wholesaler, instead of going through a jeweler. Most wholesalers sell loose diamonds that come from a miner to a cutter, or lapidary, to an international buyer. That buyer can sell to a jeweler or directly to you. You'll still have to locate a professional to mount your ring; however the diamond is the most expensive component of the jewelry so the cost savings is significant.
The internet has opened up the world of the diamond wholesaler to the public. Local jewelers can't offer wholesale pricing because they need to pay for rent and staffing. Use the web to your fullest advantage by requesting to see the wholesaler's credentials and to see if they are a member of a professional or business association such as the Better Business Bureau. Inquire if they sell GIA certified stones which guarantee a better investment. Educate yourself on diamond terminology such as color, carat, cut and clarity. Learn how to ask about flaws and imperfections. Know about treated, colored, conflict and synthetic diamonds. This will give you credibility and respect with a wholesaler.
Once you are presented with a diamond, examine it completely and consider getting a second unbiased opinion about the stone's quality and price immediately after purchase. If the dealer is honest, he'll accept a return if you are not completely happy. Remember that the cheaper cost does not mean an inferior stone. As with any jeweler, the diamond wholesaler will have a range of options to suit a groom's taste and wallet.