Are you looking for some good information on how to avoid diamond scams? Here’s an insider’s report that will show how to make a wise purchase.
When it comes to diamonds, there are quite a few scams to avoid. Most scams are pretty small, but there are some big ones that will come up from time to time concerning the buying and selling of diamonds. Some scams occur simply because most people who buy diamonds don’t know that much about diamonds, for whatever reason, and therefore are easily fooled.
A common scam that you’ll find that most jewelry stores participate in is the Carat Total Weight scam. The tag on the piece of jewelry, most often a ring, only tells the total carat weight of all diamonds in the piece, instead of listing the total weights separately for each diamond. This falsly leads customers to believe that the main diamond in the piece is really bigger than it is.
So, when shopping, ask what the total carat weight of the center stone is. Also, watch out for fractions. Jewelry stores are allowed to round up diamond weights. This means that if the jeweler tells you that it is a ¾ carat diamond, it is most likely between ½ and ¾ carat – but closer to ¾.
Jewelry stores often run ‘fluorescence’ scams to varying levels. Referring to a diamond as a blue-white diamond is such a scam. A blue-white diamond sounds very special and unique, but in fact, this type of diamond is really of lesser quality – even though the jeweler will attempt to make you think you are getting something special. Jewelry stores also like to show off their diamonds in bright lights. Lights cause diamonds to shine. Ask to see the diamond in a different, darker type of lighting as well.
Think about all you’ve read so far. Did it say what you already knew about diamonds? Or was there something completely new? Take a look at the rest of the paragraphs.
Some very unscrupulous jewelers target those who want appraisals on diamonds that were given as gifts or that were purchased other places. They may try to tell you that the diamond is worth next to nothing or worth less than it actually is worth, and offer to take it off your hands or trade it for a “much better” diamond, along with the cash to make up the difference. This is called low balling. Get a second, third, and even a forth opinion before taking any action.
Another common dirty trick is to switch the diamond you chose and paid for with one of lesser quality and value after you leave it to be set in a piece of jewelry, or leave a diamond ring to be sized. The only way to stop this shady trick is to do business with one trustworthy jeweler. Avoid jewelers that you have not done business with previously.
There are even more scams that jewelry stores pull on unsuspecting consumers. Just use your best judgment and common sense – purchase your diamonds with consideration and the utmost care.
Now that wasn’t very hard, was it? And you’ve learned white a lot, simply from taking some time to study common diamond scams.