When you buy something of value, regardless of whether it is a diamond ring or a home it is usually a real concern that you will be taken for a ride. Often when you invest in a diamond ring you can be noticed as an quick target. However, like most other industries, you have your sincere and dishonest diamond retailers. But by becoming aware of some of the prevalent tricks and tactics that they use, you can avoid the vast majority of rip-offs.
The CTW
You see a sensational ring that has a good looking diamond in the middle surrounded by smaller diamonds. There may well even be diamonds set into the band. The tag says 2 Carat (ctw) and but it costs far less than the single 2 Carat solitaire diamond subsequent to it.
CTW stands for carat total weight and as the name suggests it is the sum total of the Carats in all the diamonds on the ring. Your fabulous ring may possibly only have .five Carat in the big diamond and 1.five Carat in all the smaller sized diamonds put together, providing it a total carat weight of two Carat (ctw).
As it is far tougher to come across a large diamond than a compact 1, bigger is surely better when it comes to diamond worth. This is why the two Carat solitaire diamond is worth far more than the 2 Carat of diamonds in the ring that you like.
To make sure that you get the very best worth ring, make confident that you see the grading certificate of the center diamond, this will tell you the Carat weight of that stone. If the retailer won’t show you this, then leave.
The ‘Grade Bump’
Did you know that jewelers are in fact permitted to promote a diamond as becoming 1 grade much more than it really is? This means that an advertised 1 Carat diamond with a color grade of G, and clarity grade of VS1 could basically be a .90 Carat diamond, with a colour grade H and clarity of VS2.
Most people say “so what, they both look terrific never they?’ But at the time of writing, the premium cut diamond advertised is worth about $six,500, whereas the premium reduce diamond that you are in fact obtaining is only worth about $4,300. You could have bought the setting for your diamond with the price tag difference.
To stay clear of this, generally insist on seeing the GIA or AGS certification for your diamond. They are the only way to insure that your diamond is exactly what they say it is.
Laser Drilling
Several diamonds are laser drilled to make any imperfections disappear – this makes them appear greater, but also makes them more fragile and less valuable. If a diamond has been laser drilled it will be noted on the grading certificate.
The Blue-White Diamond
If you go to obtain a diamond ring and the assistant tries to sell you a ‘blue-white’ diamond for a enormous price tag then walk out promptly – this phrase has virtually been outlawed by the FTC. Even if the diamond is a blue-white one particular, it makes it of lesser worth than most other folks, not higher.
Diamond Districts
There are particular districts that are a mecca to the average particular person searching to get a diamond ring. The most renowned is the New York Diamond District on 47th Street.
Even though it is the spot that key diamond bargains are carried out, they are certainly not done at street level. The places that are on the street are notorious for elaborate swindles and scams that even the most seasoned jeweler has problems spotting. Steer properly clear.
The Diamond Switch
This is the a single that everybody dreads. You spend for a single diamond to be set in your ring and in fact get a different. There is only one way to deal with this – prevention.
When you acquire your diamond get the assistant to write on the receipt the precise Carat, color, clarity grades and the diamond dimensions on the receipt. Verify these against the diamond certificate when you pick the ring up.
If Scottsdale diamonds do absolutely nothing else when you buy your diamond ring, please make certain that you get a certified diamond from a properly respected lab like GIA or AGS. This is the ideal way to shield your investment.
