Buying A Diamond

By Owen Jones | December 19, 2009

Everybody likes diamonds and nobody looks bad in diamonds, do they? It is not really within the scope of this piece to suggest whether diamonds are a first-class investment or not, but their supposed value is enormous. As an alternative, I want to look at where the best place to purchase a diamond is, because it is more important that you procure your diamond from a trustworthy merchant with a warranty than that you think you got a good trade on eBay by purchasing somone’s granny’s engagement ring, which might not be authentic.

Therefore, before you begin shopping for diamonds, think about dealing with a bonded jeweller. Bonded jewellers sell bonded diamonds and there are not many bonded jewellers in the world. In deed, out of all of the jewellers in the world, only roughly 5% of them are bonded.

Buying a bonded diamond will cost more than purchasing a non-bonded diamond, but when you look at what you get with the bonded alternative, you will perceive that it is well worth the extra expenditure.

To start with, bonded diamonds have a buy-back guarantee for the existence of the diamond. No matter how long you keep the diamond, you can return 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 promise, for the life of the diamond, then you ought to take a nearer look at the diamond to see what is amiss with it. Just joking, they will always offer you a 100% buy-back guarantee 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 increase in value, with a fixed appreciation rate that is calculated to keep up with inflation. This means that a diamond that is worth a certain amount of money today will be worth more in the future, as the price of diamonds continues to rise. This generally does not apply to buy-backs, although. It typically applies to trade-ins.

On the other hand, by buying a bonded diamond, you are sheltered against the prospect of a market collapse. If a market crash does happen, the value of diamonds will go down. 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.

If you are intending buying diamonds, visit to our website now to learn hints and tips on buying diamonds http://buying-diamonds.the-real-way.com

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