Diamonds can cost more than the average person’s car or some houses for that matter. So how can you make sure you’re not getting ripped off when you walk into a jewelry store? This article is going to help you with some things you need to look out for and avoid the embarrassment of getting ripped off. There are various reports that state that a diamond’s grading quality can be forged? How is this possible? Forgers will heat diamonds at thousands of degrees while under enormous pressure which cosmetically improves the diamond’s color, however, they’re more inclined to chip providing further evidence that they were forged. Our tips on how to avoid getting ripped off buying diamond jewelry follow!
Some cases have shown that fractures have been filled with glass-like substances and the technology today has proven that lab-produced diamonds are such a robust quality that it’s almost impossible to tell the difference from natural diamonds with just the naked eye. The closer you get into your quest with a wholesale market for diamonds, the higher the percentage of misrepresentation and fraud you’re likely to encounter.
These fraud experts are cunning, witty, and deceptive. It will boggle your cranium to know what lengths they’ll go through to fool you and rip you off. They’re very clever, creative, and don’t mind taking your hard earned money for exotic vacations. Here are 4 lines of protection you can take instantly to defend yourself from getting ripped off.
How to Avoid Getting Ripped Off Buying Diamond Jewelry
The First Line of Protection
You need to know what the 4Cs are and how they attribute to a diamonds overall value. The carat, clarity, color, and the cut are these 4 factors.
The Cut: the most important out of the four and as a general rule you should ask to see the certificate from GIA and look for it’s cut grading of excellent or very good. You shouldn’t go below good because the diamond cut is what gives the diamond its fire and sparkle.
The Color: is graded on a scale from D to Z. The D grade being the rarest and most expensive and the Z grade being mostly mixing colors of poor quality diamonds and much more affordable, however, not the best investment. A grade of K to L will work just fine and constitute a solid investment.
The Clarity: refers to the number of tiny white and black specs in a diamond as well as other flaws. The best grade is Flawless. You’ll see it written as FL and is followed by IF, VVS1/VVS2, VS1/VS2, SI1/SI2, and I1. An IF stone could be significantly more expensive than an identical counterpart being the SI1, however, you need a powerful magnifier to see the difference, knowing this can save you a lot of money. The clarity grade really has nothing to do with the sparkle of a diamond.
The Carat: This is the diamond’s weight and of course how heavy it is will determine how much it cost. A good piece of advice is that the price goes up at each whole number. You could save a ton if you bought a 0.95-carat weight diamond versus a 1 carat stone. If you reveal this to your loved one, that’s totally up to you, however, going cheap sometimes isn’t the best route and if your girl tells you that size doesn’t matter? When it comes to diamonds and women size does matter. Purchasing a 1.95-carat weight diamond might be a way to solve both of those issues.
The Second Line of Protection
Know that you’re educated on the 4Cs you can shop in confidence but you still need some more protection. Shady jewelers are cunning and you could still get ripped off. For example, you’re looking at an SI2 and the jeweler tells you it’s a VS1. A crafty jeweler could of easily laser-drilled the diamond, which means he used the laser to remove a flaw. To avoid this rookie mistake, buy from a certified dealer that will certify the 4Cs in writing on the printed receipt and is willing to refund your purchase if a different grade can be done by a third party appraiser.
The Third Line of Protection
After your purchase, take the diamond to an independent appraiser and not one that sells diamonds, another rookie mistake. You can find certified appraisers online or in your local neighborhood that will help you determine if you got what you paid for or if you got ripped off. In any case following the second line of protection will prevent this from happening in 98% of most cases. Don’t trust the appraiser recommended by the jeweler or the in-house appraiser where you purchased the diamond. If the appraisal agrees with what is on the jeweler’s receipt, then you didn’t get ripped off. If you did get duped, get your money back and shop somewhere else.
The Final Line of Protection
Do some research on the jeweler and look for customer reviews. The experiences a previous customer had with a jeweler can help narrow down the path to finding a quality jeweler that won’t rip you off. If there’s evidence of a long trail of problems with purchases and getting duped then you don’t need to be a factor in that equation.