Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts

Friday, July 30, 2010

Conflict Diamonds

What are Conflict Diamonds?

Conflict diamonds are gems mined illegally by rebel groups and sold to buy weapons. As such, conflict diamonds help fuel wars and add to instability in regions with fragile governments, particularly in Western and Central Africa.

Avoid Purchasing Conflict Diamonds

As of 2009, more than 99% of the world's diamonds are conflict-free, according to the World Diamond Council (www.diamondfacts.org, viewed on November 13, 2009). However, the sale of even a few conflict diamonds causes great human suffering and helps undermine governments in struggling regions. Therefore, it is important for consumers to ensure that the diamonds they purchase are certified by the Kimberly Process, the U.N.-mandated system for tracking diamond shipments from suppliers to buyers which ensures the diamonds are obtained from a legitimate source.

Use the Four Cs to Select Diamond Jewelry

Cut, color, clarity, and carat are the four major criteria used to assess diamond quality. Although the majority of the world's diamonds are now conflict-free, consumers should determine whether their jeweler's diamonds are covered by the Kimberly Process Certification System, ensuring that these gems do not originate from war-torn countries.

Article By Molly Markey


Friday, June 18, 2010

Diamonds Durability

Diamonds are among the hardest substances on earth, in fact they use diamonds and diamond dust to cut diamonds. Other gemstones are hard as well, but not nearly as hard as a diamond. Diamonds and other gemstones are measured by the Mohs scale. It runs from 10 (hardest) down to 1 (softest). It is some what arbitrary and not linear. The range from 9 to 10 is much greater than 8 to 9.Harder minerals of course tend to be more durable and will not scratch easily. They’re good choices for jewelry because of their ability to withstand changes in elements or the arbitrary scratch or knock. Talc, with a Mohs hardness of 1, is the softest mineral and can be scratched with a fingernail.

Ruby is colored by a small amount of chromiumImage via WikipediaQuartz is the most common gem mineral (citrine and amethyst) and ranges at 7 and above. Rubies and sapphires are nearly as hard as diamonds, with a scale of 9 on the Moh’s scale. People mistakenly think diamonds are indestructible and this is not true! Pliny the Elder in his Natural History stated that “these stones are tested upon the anvil, and will resist the blow to such an extent as to make the iron rebound and the very anvil split asunder.” If you tried that, however, you would more likely shatter the diamond, rather than the anvil! Many diamonds are cut to prevent accidental nicks, scratches and breaks. Except for the Princess cut, which is a square-cut diamond with pronounced corners, most corners on angular diamonds are rounded. A protruding point of a square or rectangular diamond could inadvertently be knocked against a surface and chip or scratch.

Your diamond should be protected in a soft, velvet-lined case if you’re not wearing it. Have the setting checked periodically and have the stone examined by a professional. Your diamond is not only an investment in money, but an investment in yourself or your relationship and is worth the small amount of extra care it takes to preserve it forever!

Wednesday, June 16, 2010

Diamond Cost

How Diamond Cost is Determined


If you are in the market to purchase a diamond, you'll be learning all about the 4 C's of diamonds; cut, color, clarity and carat. But in the mind of the average buyer, there is a fifth “c” that just may be the most important of all them: the diamond cost.

The actual price of a diamond is determined by a grading system that takes into account the cut of the diamond, the color, the clarity and the number of carats. There is a non profit organization called the Gemological Institute of America (GIA) that has devised the official grading system of diamonds, and because of that system, a diamond that is of more carats may cost less than a smaller diamond if the larger diamond has inferior cut, clarity or color ratings. Cost is also determined by the retailer.

Buying Diamonds Online

The internet provides a wealth of information on diamonds, educating buyers on the value of diamonds based on size, shape and clarity and luckily, diamond cost is regulated by industry guidelines. This means you can shop for your diamond gem stones online with as much confidence as you would shopping for jewelry at your local retailer, especially if you take the time to become knowledgeable about diamond cost before beginning your search for the perfect stone.

Guide to Diamond Cost

Every jeweler sets their own prices on their gem stones, rings, necklaces and other items. When dealing with diamond cost, it also depends on the shape of the diamond. A ”round brilliant” shape will tend to cost more than an ”emerald” shape even when they are the same quality and the same size.

If you have a minimal budget, such as $500 or less, you can expect to find a diamond with a carat weight between .15 and .25, set in a 10-14k gold. If you're in the market for a diamond cost of $500 to $750, you can expect to be able to purchase one between .20 and .37 carats. If you are looking for a 1 carat diamond, you should expect your diamond cost to range between $2000 and $3500.

Get the Most Diamond for Your Money

When you are researching diamond cost, there are many more factors to consider than just the size of the diamond. Remember that the shape (cut) of the diamond will greatly effect the diamond cost, as well as the clarity of the diamond. You can get multiple, smaller diamonds for less cost than you can a single, larger diamond due to the rarity of mining a larger sized diamond. Sometimes a diamond will be beautiful to the naked eye, and have a reasonable diamond cost- but it may have a lower rating for quality or tone given by the GIA. When you are shopping for your diamond, you'll need to decide what is more important to you; the diamond cost, the size of the diamond, the quality (the rating as given by the GIA), or how it looks when it's worn!


 

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