Everyone likes diamonds and nobody looks bad in diamonds, do they? It is not actually within the scope of this piece to recommend whether diamonds are a good investment or not, but their perceived value is enormous. Instead, I would like to look at where the optimum place to buy a diamond is, since it is more importantant that you buy your diamond from a respectable merchant with a warranty than that you believe you got a decent trade on eBay by means of buying somone’s granny’s engagement ring, which may not be genuine.
Consequently, before you commence browsing for diamonds, consider dealing with a bonded jeweller. Bonded jewellers sell bonded diamonds and there are not many bonded jewellers in the world. In fact, of the jewellers in the world, only about 5% of them are bonded.
Buying a bonded diamond will cost more than purchasing a non-bonded diamond, but when you look at what you get with the bonded alternative, you will perceive that it is well worth the extra expenditure.
First, bonded diamonds have a buy-back policy for the life of the diamond. No matter how long you keep the diamond, you can take it back to the bonded jeweller and sell it back to him or her, for a 100% refund.
If a jeweller does not offer a 100% buy-back assurance, for the life of the diamond, then you must take a nearer look at the diamond to see what is amiss with it. Only joking, thay will always offer you a 100% buy-back guarantee or tell you why not.
Bonded diamonds also have a breakage policy. If the stone breaks or chips, the bonded jeweller will replace it with a new one ? one time. No jeweller 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 peace of mind concerning the quality of the diamond. Bonded diamonds are natural and untreated.
Bonded diamonds improve in worth, with a fixed appreciation rate that is calculated to keep up with inflation. This means that a diamond that is worth a particular amount of money today will be valued at more in the future, as the price of diamonds continues to rise. This normally does not relate to buy-backs, although. It usually applies to trade-ins.
Alternatively, by purchasing a bonded diamond, you are protected against the possibility of a market collapse. If a market collapse occurs, the price of diamonds will go down. However, the bonded jeweller promises to refund you the discrepancy between what the diamond is now worth and what you paid for it before the market fall.
It could be tricky to find a bonded jeweller in your vicinity, but if you can, this is who you need to do business with, as opposed to dealing with a non-bonded jeweller. Specifically inform the jeweller that you are only interested in bonded diamonds. You can discover a bonded jeweller in your area by using various online resources like Google or Yahoo, or by calling the local jewellery stores.
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