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How To Invest In Diamonds
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.
Therefore, before you begin browsing for diamonds, think about dealing with a bonded jeweller. Bonded jewellers sell bonded diamonds and there are not many bonded jewellers in the world. In deed, of the jewellers in the world, only approximately 5% of them are bonded.
Purchasing a bonded diamond will cost more than purchasing a non-bonded diamond, however when you consider what you get with the bonded alternative, you will observe that it is well worth the additional outlay.
First, bonded diamonds have a buy-back guarantee 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 promise, for the life of the diamond, then you ought to take a nearer look at the diamond to see what is amiss with it. Just 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 increase in worth, with a fixed increase rate that is calculated to keep up with inflation. This means that a diamond that is valued at a particular amount of money today will be valued at more in the future, as the price of diamonds continues to rise. This generally does not relate to buy-backs, although. It usually applies to trade-ins.
On the other hand, by purchasing a bonded diamond, you are sheltered against the prospect of a market crash. If a market crash occurs, the value of diamonds will drop. 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 crash.
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.
If you are interested in buying diamonds, go over to our website now to learn hints and tips on buying diamonds http://buying-diamonds.the-real-way.com
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