Buying Diamonds Safely

>you've never heard of the institution that is
When you start to think about buying a diamond,offering a grading report, don't hesitate to ask
you naturally will want the best diamond that youabout its credentials and that of the people who
can afford. Diamonds can be found in a range ofgraded the diamond.a diamond certificate or
shapes, sizes, qualities & prices. If you are aboutgrading report is a blueprint of a diamond which
to buy a diamond for an engagement ring, youdocuments the details and statistics about a loose
may want to consider spending the commonlydiamond such as the shape, colour, clarity, carat
accepted guideline of two months' salary.weight, proportions and finish of the diamond. A
Diamonds are a symbol of love and eternity.diamond certificate also confirms that the
Diamonds ARE forever.diamond is natural and is not synthetic or
In order to buy the best quality diamond thereman-made.
are things you must know and understand. Do notThere is also the undeniable fact that some
rush in and buy a diamond on an impulse becausediamonds are treated or enhanced in some way,
it is advertised as a 'good deal' or is 'discounted'.and these diamonds are very difficult, and in
There are no bargains in diamonds and diamondssome cases impossible to identify, without the
that are of excellent quality, cut and colour arecorrect laboratory equipment.
not sold off cheap! Always make sure you buy aSynthetic diamonds are the latest threat to the
loose diamond that has been independentlyuneducated consumer. If you are buying a
certified and compare diamonds before makingdiamond with out a recognized certificate (IE; a
any decision.certificate recognized by either the WFDB, IDC,
Do not confuse a diamonds carat weight with theor CIBJO) it is possible that it may not be a
size of a diamond. Even though two diamondsNatural diamond at all.
may have the same carat weight theirDiamond certificates from respectable labs,
appearance in size and diameter measurementsmeaning GIA, HRD, AGS or DCLA, are totally
can very greatly. A poorly cut 1.00ct diamondnecessary if you want to compare diamonds
may look like a 0.75ct diamond from the topintelligently. Laboratories such as GIA, HRD, AGS
because they have the same diameterand DCLA issue grading reports of the highest
measurements even though their carat weightsinternational standards. All of these diamond
are different.grading laboratories utilize strict procedures, have
Diamonds are sold by their carat weight. Athe most advanced equipment, and affiliations
diamond cutter always tries to retain as muchwhich meet the strict requirements for recognition
carat weight and as few inclusions when cutting aby international trade organizations.
diamond. Sometimes the cut of a diamond mightIt is up to you, the consumer, to verify the
be sacrificed in order to produce a diamond with acredentials of the diamond grading laboratory and
higher carat weight. Excellent, Ideal and Verythe diamond merchant, wholesaler or jeweller you
Good cut diamonds will sparkle with more brillianceare dealing with when buying diamonds or
and fire than diamonds which are poorly cut withengagement rings.
a lower cut grade.Be even more cautious of website dealers who
Buying a loose diamond for an engagement ring isissue their own 'in house diamond certificates' or
a daunting task with so many jewellers, diamond'manufacturer's grading reports' as these simply
dealers and diamond internet websites these days.are NOT independent certificates and they are
There is an abundance of information available toNOT from a compliant laboratory.
consumers, but not all of it is accurate. This isEvery diamond grading laboratory has a different
probably one of the most importantset of parameters and specifications that they
considerations to make when buying a diamond.grade diamonds by and not all laboratories are as
There is alot more to diamonds and their pricesstrict as each other.
than just learning about the diamond's cut, colour,In fact, some laboratories are popular with certain
clarity, and carat weight. All diamonds are unique,diamond dealers because they have a reputation
no two diamonds are exactly the same which isfor being generous with grades and are known
why it takes years of experience, training andnot to be as strict as others. As a leading
learning to fully understand them.diamond wholesaler we choose to only sell
Buy your diamond from a reputable diamondindependently certified loose diamonds that have
dealer. Most diamond buying guides advise you onbeen graded by compliant, internationally
the 4 C's and suggest that you only shop atrecognized laboratories such as DCLA, GIA, HRD
honest, reputable diamond dealers, but how does& AGS. This translates to Global Assurance.
the average consumer determine this?Diamond grading laboratories which grade to IDC
We always advise you to make sure that theInternational Diamond Council rules, do not just
diamond is certified and ask to see the actualuse the opinion and expertise of one person.
certificate or diamond grading report to verify theThey must grade the diamond and have the
diamond details and to see which laboratoryopinion and consensus of three qualified diamond
graded the diamond. The quality of the certificate,graders before the grade is applied to any
or lack thereof, goes a long way towards telling ifdiamond. In Australia, DCLA is the only IDC
you are dealing with someone reputable anddiamond grading laboratory.
professional.Valuations or appraisals are NOT the same as a
A diamond certificate or grading report is only asdiamond certificate or grading report.
good as the laboratory who issued it. A diamondIt is important to remember is that a grading
certificate, is only useful if it is reliable and hasreport or diamond certificate does not include an
been issued by a reputable independent laboratoryappraisal, or any kind of statement about the
which has no financial interest in the stone. Ifmonetary value of the diamond.