Read Part 1: Can Diamonds be Chipped? and Part 2: Tips to Prevent Damaging Diamonds
Accidents happen. It’s hard not to get upset when your diamond gets chipped, but understand that it’s not uncommon. It is part of the risk you take when wearing jewelry; although diamonds sustain less damage in everyday wear and tear than other gemstones, they are not indestructible.
First of all, you need to evaluate the chip(s) in your diamond. How big is it relative to your diamond? Is it instantly noticeable? Is it something you can live with? Keep these questions in mind when you bring your diamond ring to a specialist for an in-depth appraisal. A Graduate Gemologist and/or certified Appraiser will be able to assess the chip(s) effect on the diamond’s structural integrity, value, and can suggest viable options based on their evaluation.
If the chip is small and lies on the girdle edge, you may be able to reset the diamond with metal covering the area of the chip. The purpose of this is two –fold: the metal will act as a barrier to protect the chip from further stress which can lead to more extensive damage, and it will also hide the chip from view. Styles such as Bezel, Half-Bezel, Bypass, or even the addition of new prongs can achieve this effect.
Another option may be to recut the diamond. This option should be considered if your stone is of high monetary or sentimental value, as the process is quite costly. Not all diamonds are good candidates for a recut however. If the stone has chips in multiple places and/or the chip is large, it may not even be considered for a recut. Similarly, a stone would not be recut if its internal inclusions pose a significant damage risk during the process. This is a very specialized area of jewelry repair that needs to be done by a diamond cutter with great care. Talk with your jeweler to see if this would be possible for your stone.
If all else fails, you may consider replacing the diamond. Depending on your insurance policy or jeweler trade-up policy, this can also be a cost-effective option.