Buying Diamonds Online

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With all of the potential for scams concerning diamonds, buying diamonds online almost seems unthinkable! However, you actually can purchase diamonds online, without any problems – as long as you are careful.

First, think about your reasons for wanting to purchase the diamond online, as opposed to making a purchase from a local jewelry store. The most common reason is price. Due to low overhead costs, online jewelers and wholesalers are able to offer lower prices. However, you must be careful – sometimes a price that is too low is a sure indication of a scam.

One of the best things about purchasing online is the unlimited selection. When shopping offline, you are limited to the selection in the stores in your general area. Online, there are no limits. But again, you must use a great deal of care and consideration before handing your money over to someone that you cannot see and have never met!

Before shopping, learn as much as you can about diamonds – especially cut, color, clarity and carat weights. When you are knowledgeable about diamonds, it will be harder for a con artist to rip you off. Once you know more about diamonds, you will be ready to start shopping.

Take your time. Don’t purchase the first diamond that you see that interests you. Instead, look for similar diamonds for sale. Do some comparison shopping to find the lowest prices. Once you have found the lowest price, start doing your investigation. You know about diamonds, you’ve found a diamond that you love, and you’ve found the lowest price – but you are still quite a ways away from actually purchasing that diamond!

Ask about the seller’s credentials, such as professional jewelry associations that they belong to. View and print the seller’s return, refund, and upgrade policies. Also inquire about additional services, such as settings and mountings, sizing, and free shipping. Do a search for customer reviews on this particular company around the Internet. Also check with the BBB Online to see if there have been any complaints.

Ask for a diamond grading report from an independent laboratory such as GIA, HRD, EGL or AGS. You should see this before making a purchase. Finally, use a reputable escrow service for high dollar diamonds – preferably one that will have the diamond appraised while it is in their possession. The seller sends the diamond to the escrow service, and you send the money to pay for the diamond to the escrow service. The escrow service has the diamond appraised, sends the diamond to you, and sends the money to the seller. This is the surest way to protect yourself…again, make sure that you use a reputable escrow service!

What Are Dirty Diamonds?

A dirty diamond is one of two things: a rough diamond, or a diamond that hasn’t been cleaned in a while. Rough diamonds are uncut and unpolished – hence, they are dirty. But that type of dirty diamond will soon be cut and polished and sitting in a beautiful jewel box in a display case. Then someone will purchase it, and before long, it will become a dirty diamond once again.

Diamonds become dirty. When you wash your hands with a diamond ring on, soap scum clings to it. When you put on hand lotion, it gets grease on it. Shower with your diamond earrings or necklace, and again, you get soap scum. In one short day, your brand new diamond could be dirty!

Purchase an ultrasonic jewelry cleaner the same day that you purchase your diamond jewelry, and use it every single day, without fail. The clarity of the diamond changes when the diamond is dirty – it loses its sparkle. By taking one minute each day to clean your diamond jewelry, you can avoid this, and your diamonds will never be dirty!

Bonded Diamonds

Before you start shopping for diamonds, consider dealing with a bonded jeweler. Bonded jewelers sell bonded diamonds, and there are very few bonded jewelers in the world. In fact, out of all of the jeweler’s in the world, only about 5% of them are bonded. Buying a bonded diamond will cost more than buying a non-bonded diamond, but when you look at what you get with the bonded option, you will see that it is well worth the extra expense.

First, bonded diamonds have a buy back policy for the life of the diamond. No matter how long you have had the diamond, you can take it back to the bonded jeweler and sell it back to him or her, for a 100% refund. If a jeweler does not offer a 100% buy back guarantee, for the life of the diamond, then you should take a closer look at the diamond to see what is wrong with it.

Bonded diamonds also have a breakage policy. If the stone breaks or chips, the bonded jeweler will replace it with a new one – one time. No jeweler 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 piece 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 designed 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, however. It typically applies to trade-ins. Alternately, by purchasing a bonded diamond, you are protected against the possibility of a market crash. If a market crash occurs, the value of diamonds will drop. However, the bonded jeweler guarantees to refund you the difference between what the diamond is now worth and what you paid for it before the market crash.

It may be difficult to find a bonded jeweler in your area, but if you can, this is who you want to deal with, as opposed to dealing with an un-bonded jeweler. Specifically tell the jeweler that you are only interested in bonded diamonds. You can find a bonded jeweler in your area by using various online resources, or by calling the local jewelry stores.

How Diamonds Made

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Diamonds form between 75-120 miles below the earth's surface. According to geologists the first delivery of diamonds was somewhere around 2.5 billion years ago and the most recent was 45 million years ago. The carbon that makes diamonds comes from the melting of pre-existing rocks in the Earth's upper mantle. There is an abundance of carbon atoms in the mantle. Temperature changes in the upper mantle forces the carbon atoms to go deeper where it melts and finally becomes new rock, when the temperature reduces. If other conditions like pressure and chemistry is right then the carbon atoms in the melting crystal rock bond to build diamond crystals.

There is no guarantee that these carbon atoms will turn into diamonds. If the temperature rises or the pressure drops then the diamond crystals may melt partially or totally dissolve. Even if they do form, it takes thousand of years for those diamonds to come anywhere near the surface.

It takes millions of years to make a diamond. When you own a diamond, you own something which is a legend in the making. It has not been made in a factory just the other day. A diamond comes from the bosom of the earth. More interestingly not all the diamonds mined are made into jewelry. Only one fourth of the diamonds that are mined are made into jewelry. Every 100 tons of mud produces one carat of a diamond. And this one carat is not one stone! It could be anything from 0.005 ct to 1 ct. because much of the original stone is cut away in the process of cutting, shaping and polishing the diamond.

Diamonds come in different rough shapes. The next time you look at your diamond, think about the amount of time, energy and resources have gone into making that one.

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.

Image 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!

Diamond Clarity

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What is Diamond Clarity?

Diamond clarity is the measure of flaws found in and on the outside of a diamond. The less flawed a diamond is, the more value it has and the higher the price tag. There are very few diamonds which can be categorized as having no flaws at all, however, most diamond flaws cannot be seen without magnification of at least 10 times. Because issues with diamond clarity are often undetected when looking at a diamond, some people consider this to be one of the least of their concerns when selecting a diamond to purchase.

How is Diamond Clarity Determined?

The most well known measurement of diamond clarity is done by the Gemological Institute of America (GIA). It ranks diamonds based on a grading system it created that ranges from flawless diamonds, to imperfect diamonds, with many different grade ranges in between. The better the clarity ranking, the more expensive a diamond will sell for as it has more value.

Types of Inclusions that Effect Diamond Clarity

Inclusions are flaws that effect diamond clarity. They make it so that the diamond is not “perfect”, and there are visual imperfections within the gemstone. Most flaws however, are un-noticeable to the naked eye and can only be seen under high levels of magnification.

There are names for many of the most common inclusions. Carbons effect diamond clarity because they are very small black dots found on the surface of a diamond, which may or may not be visible in regular lighting. Some may be so small that you need magnification to view them. Pinpoints effect diamond clarity because they are white dots along the surface of a diamond. Pinpoints are the most common of all diamond flaws. Clouds effect diamond clarity because they cause what look to be cloudy areas within the gemstone. The clouds are actually made up of many growths of crystals that are positioned very close together within the diamond, and their proximity to one another is what causes the cloudiness to appear. Feathers effect diamond clarity by causing cracks to form within the diamond, that look similar to that of broken glass.

Clarity Enhancements

Diamond clarity flaws can often be fixed or reduced by using a variety of clarity enhancement treatments. Some diamonds are painted, some get lasered in order to remove pinpoints and carbons, and some diamonds undergo a process by which tiny holes are drilled into the diamond in order to reach areas of inclusions within the gemstone, and then the cracks are later filled with molten glass. Having enhancements done to improve diamond clarity decreases the overall value of the diamond, but can improve it's appearance. Diamond certificates should indicate that enhancements were done on the diamond, so ask to see documentation before making a purchase. While most enhancements just cause the diamond to look nicer, some may actually cause the diamond to be weaker, and more prone to breakage than a diamond that has not had any treatments.

Diamond Certificates

Diamond certificates from independent organizations such as the Gemological Institute of America (GIA) provide a diamond grading report, that gives you valuable information about the 4 C's that were taken into consideration when the diamond was priced. It's important that you use an outside source for diamond certificates, instead of the jeweler who is selling the diamond you are interested in, because the jeweler wants to make money on the sale of the diamonds, the certificates may be slightly biased and you could be paying more than the market value of the diamond.

Reasons to have Diamond Certificates

When you go to a jewelry store, or consider making a purchase from an online retailer, the jewelry that has diamond certificates tends to sell for several hundred dollars more than diamonds that are graded the same that are without certificates. This is because the jeweler recognizes that they typically grade their diamonds one level better than an independent grading organization, like the Gemological Institute of America. The GIA is more conservative when grading diamonds because they do not gain anything from diamond sales.

Pay the Right Price for your Diamond

Diamonds are valued according to their quality based on a grading system that makes use of the 4 C's. You should receive diamond certificates (also called grading reports) from independent companies rather than a jeweler, to insure that your getting an unbiased reporting of the value of the diamond. Otherwise, you could be paying much more for your diamond than what the diamond is actually worth.

Protecting Your Investment

Diamonds are not the same kind of investment as buying stocks and bonds, but having diamond certificates gives you a better investment than just having the diamond. Diamond certificates make it easier to sell a diamond in the future, because you have documentation of how much the diamond is worth and why it was valued that amount. In fact, if you attempt to sell diamonds without having diamond certificates, most dealers will not buy from you and you would end up having a certificate drawn up anyway, so you may as well have a certificate grading report created at the time of purchase, for your current protection as well as future possibilities for selling.

Increased Security during Cleanings and Repairs

Many people hesitate to bring their jewelry into the jeweler's when they're in need of repair services or cleaning. It makes people wonder how they'll know for sure that they've received the same diamond back that they brought in. It is an extremely rare occurrence for a jeweler to purposely switch diamonds, however it could happen unintentionally. Diamond certificates act as an additional security measure in this case. They are like fingerprints stored in police databases, they contain all the data needed to match the person to the fingerprints, and diamond certificates have enough information on the diamond to match the diamond with the certificate and the owner.