London Dimond District and its Illustrious History

London Diamond District is in the heart of London, England. Also known as Hatton Garden, the historic district has a long history as one of the most significant hubs for diamond commerce worldwide. 

The district’s connection with the jewelry industry was established in the 16th century when goldsmiths and silversmiths who worked for the royal court and affluent London merchants used to reside in Hatton Garden. By the 19th century, the region had developed into a center for diamond traders and was renowned for its premium gems, superior craftsmanship, and affordability.

Early Ripples Causing Heavy Tides 

The London Diamond District flourished during the 20th century and rose to prominence as one of the biggest trade and cutting hubs for diamonds. Many top diamond buyers worldwide came to purchase and sell diamonds in the vibrant market. Some decided to make it their home and build matchless legacies.

Hatton Garden is still one of the most significant diamond trading hubs despite rising competition from other diamond centers across the globe in recent years. The place is also home to a vibrant industry with numerous workshops and stores selling handcrafted jewelry created from diamonds and other precious stones.

It is a well-liked tourist destination today and a bustling center of activity. People worldwide are amazed by the region's rich history and the significant role it has played in the diamond and jewelry industries. They also explore the area's ancient streets, jewelry stores, and workshops while eyeing some of the best pieces ever made.

Planning Beforehand

The experience can get overwhelming, especially given the quantity you would find in the district. Therefore, you must know what to do before entering the famous market.

1. Do your research:

Before you go shopping, we strongly recommend that you familiarize yourself with the many varieties of diamonds and their characteristics. Start with the "Four Cs" of diamonds - cut, clarity, carat weight, and color. This is the most fundamental lesson you should learn before you take care of other concerns.

2. Establish a budget and stick to it: 

You should clearly know how much you want to spend on a diamond. It might be intimidating to shop in Hatton Garden; some vendors there may force you into an impulse buy, which you will only regret later. But as simple as it may be to get carried away and spend more money, with the right mindset, you will eventually find the best deal in your budget.

3. Find a trustworthy dealer: 

The importance of dealing with a renowned yet trustworthy dealer cannot be stressed enough. The London Diamond District is replete with several reputable diamond merchants, but some might not be looking out for your best interests. 

Find a dealer with a solid reputation for honesty and customer service by doing your homework. You can look into the reviews posted on the Internet by people who have bought something from them. You should also inform your friends’ circle about your decision to deal with a merchant to see if anybody has a valuable suggestion for you.

4. Get your diamond appraised:

You may not necessarily be headed to the district to buy the first diamond of your life. If this is the case, you are in luck because you can appraise your diamond before you buy another. If you do so with the help of an upright dealer, you will be able to determine the worth of your diamond and make an informed decision while looking for a replacement or an upgrade.

5. Buy Certified

Certification is key. It guarantees that the stone has undergone professional evaluation and that you receive exactly what you pay for, helping you decide confidently and relish your purchase for the rest of your life.

A respectable diamond grading laboratory, such as the Gemological Institute of America (GIA) or the International Gemological Institute (IGI), will grant you a certificate with the diamond you wish to purchase.

6. Take it Easy

The London Diamond District comes with a long history and a rich culture. You may easily be carried away and end up buying a diamond you may not like even if you do your homework right.

Therefore, it is crucial that you take your time and assess based on what you learn during your research. If something feels off, take a step back; you can always come back later, but a hasty decision may ruin your days.