The quality and price of a diamond are determined by a set of four conditions recognized as the four C's: clarity, carat, cut and color. During diamond selection, look for one that balances these four qualities without draining your pockets.

Flawless diamonds are rare and extremely expensive, but if you don’t have the money, you can select a slightly less impeccable diamond that still appears dazzling to the naked eye.

With so many diamonds to choose from, finding the one that's right for you can be a toll order.

Below are step one can follow to enable him/her to choose a quality diamond.

1)Set the budget you are to operate on. This will help you choose the highest quality diamond you can find for your money.

2)Then, identify the diamond shape that you desire. While cut refers more to quality and level of brilliance, the shape is one aspect of the cut. Ask the jeweler to see the Gemological Institute of America's (GIA’s) diamond grading report for any diamond you consider purchasing. This report will give you a rough grade on cut, even though more precise grading is hard to find.

3)Set a minimum carat weight based on your preferences. At the same time consider looking for diamonds that fall just under popular carat weights such as 1/2 ct. 3/4 ct., 1 ct., etc. since these diamonds fall just slightly below the popular weight, they are often sold at a slight discount compared to diamonds of full weight.

4)Have a set clarity of the diamond you want to acquire. Then Request the jeweler for a look at the diamond’s GIA grading report. If you cannot tolerate imperfections, even those you cannot see, choose a VVS2 or better diamond. If not Look at VS1 or VS2 grades for diamonds that are flawless to the naked eye with very minor inclusions. But if you budget is small you may Consider looking at diamonds with an SI1 or SI2 rating for a stone with small inclusions that are still invisible to the naked eye, but easy to spot with a magnifier.

5)Set the color of the diamond that you wish to buy. But nevertheless, the highest quality diamonds are colorless, since colorless stones are rare and reflect light better than tinted diamonds. Most diamonds have slight tints of yellow, which are often impossible to see with the naked eye. The GIA D-to-Z scale is the industry standard for color-grading diamonds. Each letter represents a range of color based on a diamond's tone and saturation.

However when shopping the following should also be put to consideration:

1)One should Visit several different jewelers for a wider selection.

2)Make an effort of only visiting reputable jewelers.

3)One should avoid shopping for diamonds over the Internet, particularly when purchasing an imperative piece such as an engagement ring. You should always look for a diamond in person so you can scrutinize the quality personally.