Articles on Luxury Matters:
Beware Of These Diamond Scams
When it comes to diamonds, there are numerous scams to avoid. Most scams are minor, but there are some major ones that come up from time to time concerning the buying and selling of diamonds. Scams occur simply because most people who buy diamonds – for whatever reasons – don’t know that much about diamonds. Therefore, they are easily fooled.
A common scam that most jewelry stores participate in is the Carat Total Weight scam. The tag on the piece of jewelry, usually a ring, only states the total carat weight of all diamonds in the piece, instead of listing the total weights separately for each diamond.
This leads consumers to believe that the main diamond in the piece is actually bigger than it is. Ask what the total carat weight of the center stone is. Also beware of fractions. Jewelry stores are allowed to round off diamond weights. This means that if the jeweler tells you that it is a ¾ carat diamond, it is probably between ½ and ¾ carat – but closer to ¾.
Jewelry stores often run ‘fluorescence’ scams to varying degrees. Referring to a diamond as a blue-white diamond is such a scam. A blue-white diamond sounds very unique and special, but in fact, this type of diamond is of lesser quality – even though the jeweler will try to make you think you are getting something special. Jewelry stores also like to show their diamonds in bright lights. Lights make diamonds shine. Ask to see the diamond in a different, darker type of lighting as well.
Some truly unscrupulous jewelers target those who want appraisals on diamonds that were given to them as gifts or that were purchased elsewhere. They will try to tell you that the diamond is worthless, or worth less than it actually is worth – and offer to take it off your hands or trade it for a much better diamond, along with the cash to make up the difference. This is called low balling. Get a second, third, and even a forth opinion before taking any action.
Another common dirty trick is to switch the diamond you have chosen and paid for with one of lesser quality and value when you leave it to be set in a piece of jewelry, or leave a diamond ring to be sized. The only way to avoid this is to do business with one trustworthy jeweler. Avoid jewelers that you have not done business with in the past.
There are many more scams that jewelry stores commonly pull on unsuspecting consumers. Just use your best judgment, and purchase your diamonds with the utmost care and consideration.
Gregg Hall
23 Jan 2007
Gregg Hall is an author living in Navarre Florida. Find more about this as well as other Fitness Equipment http://www.fitnessequipmentplus.com
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How Rare Are Diamonds, Really?
We have all been told all our lives how rare diamonds are, but in reality how rare are they? Well, for starters it takes millions of years and intense pressure for a genuine diamond to form. I know there are laboratories that are creating diamonds now, but they cannot duplicate those formed by nature. The diamonds made in laboratories sometimes are too perfect. It is the inherent flaws in diamonds that also lend to their uniqueness as well as their beauty and value.
When you walk into a jewelry store and all the large array of diamonds in all of the various settings that are for sale, it is difficult to comprehend that diamonds are indeed rare. Most people don’t even stop to consider how that diamond came to be sitting in that jeweler’s case! There is actually quite a bit of work that is done before a diamond is ready to sell to the general public!
We seldom think about how the diamonds we wear came to us. Natural diamonds, as opposed to synthetic diamonds or fake diamonds, are mined from the earth. There are currently two methods of mining diamonds: Pipe Mining and Alluvial Mining.
When pipe mining is used, the diamonds are extracted from the earth through volcanic pipes. These are not man-made pipes. These are natural pipes in the ground. Shanks are put into the ground next to the pipes, and tunnels are driven into the deepest parts ofthe pipe. The diamonds are not sorted out at the mine. Instead, huge rocks that are full of diamonds are brought out of the mine and moved to a screening plant for separation.
The Alluvial mining method is done in riverbeds and on beaches. Walls are built to hold back the water and the sand on the bank or beach is moved with a bulldozer until the level of earth that diamonds can be found in is reached. Again, the diamonds are not sorted here. Instead, the sand that contains the diamonds is bulldozed into trucks, and taken to screening plants.
For every million diamonds that are mined, only one will be found that is a quality one carat diamond. In order to find a two carat diamond, about five million diamonds must be mined. It only makes sense that the larger diamonds are more and more rare which is why they have correspondingly higher value. More than two hundred tons of ore must be mined to find one small diamond, and even then, the vast majority of the diamonds that are mined are only good for industrial use, such as diamond drill bits.
So, the next time you visit your local jewelry store, ask to see the one carat diamonds. You should look at this diamond with new appreciation – knowing that it truly is one in a million!
Gregg Hall
23 Jan 2007
Gregg Hall is an author living in Navarre Florida. Find more about this as well as other Fitness Equipment http://www.fitnessequipmentplus.com