| How to Buy Diamonds |
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| Environment - Environment |
| Written by Owen Jones |
| Thursday, 22 October 2009 10:28 |
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Everyone likes diamonds and nobody looks bad in diamonds, do they? It is not actually within the scope of this piece to recommend whether diamonds are a good investment or not, but their perceived value is enormous. Instead, I would like to look at where the optimum place to buy a diamond is, since it is more importantant that you buy your diamond from a respectable merchant with a warranty than that you believe you got a decent trade on eBay by means of buying somone's granny's engagement ring, which may not be genuine.
Everyone likes diamonds and nobody looks bad in diamonds, do they? It is not actually within the scope of this piece to recommend whether diamonds are a good investment or not, but their perceived value is enormous. Instead, I would like to look at where the optimum place to buy a diamond is, since it is more importantant that you buy your diamond from a respectable merchant with a warranty than that you believe you got a decent trade on eBay by means of buying somone's granny's engagement ring, which may not be genuine. Therefore, before you start browsing for diamonds, consider dealing with a bonded jeweller. Bonded jewellers sell bonded diamonds and there are not many bonded jewellers in the world. In deed, of the jewellers in the world, only roughly 5% of them are bonded. Buying a bonded diamond will cost more than buying a non-bonded diamond, but when you consider what you get with the bonded alternative, you will see that it is well worth the additional expenditure. First, bonded diamonds have a buy-back guarantee for the life of the diamond. No matter how long you keep the diamond, you can take it back to the bonded jeweller and sell it back to him or her, for a 100% refund. If a jeweller does not offer a 100% buy-back assurance, for the life of the diamond, then you should take a nearer look at the diamond to see what is amiss with it. Only joking, thay will always offer you a 100% buy-back warranty or tell you why not. Bonded diamonds also have a breakage policy. If the stone breaks or chips, the bonded jeweller will replace it with a new one - one time. No jeweller would ever offer such a policy on any stone that was not 100% natural, so just the offer of such a policy should give you peace of mind concerning the quality of the diamond. Bonded diamonds are natural and untreated. Bonded diamonds improve in value, with a fixed appreciation rate that is designed to keep up with inflation. This means that a diamond that is worth a particular amount of money today will be worth more in the future, as the price of diamonds continues to rise. This normally does not apply to buy-backs, although. It normally applies to trade-ins. Alternatively, by buying a bonded diamond, you are sheltered against the possibility of a market collapse. If a market crash occurs, the value of diamonds will drop. However, the bonded jeweller promises to refund you the difference between what the diamond is now worth and what you paid for it before the market crash. It could be tricky to find a bonded jeweller in your vicinity, but if you can, this is who you need to do business with, as opposed to dealing with a non-bonded jeweller. Specifically inform the jeweller that you are only interested in bonded diamonds. You can discover a bonded jeweller in your area by using various online resources like Google or Yahoo, or by calling the local jewellery stores. About the Author: If you are buying diamonds, visit to our web site now to learn hints and tips on buying diamonds http://buying-diamonds.the-real-way.com |