Buying A Diamond
Thursday, October 29th, 2009Everyone loves diamonds and no one looks bad in diamonds, do they? It is not actually within the remit of this piece to suggest whether diamonds are a first-class investment or not, but their supposed worth is enormous. Instead, I want to discuss where the best place to procure a diamond is, because it is more importantant that you acquire your diamond from a respectable merchant with a guarantee than that you think you got a good deal on eBay by purchasing somebody’s grandmother’s engagement ring, which might 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 buying a non-bonded diamond, but when you consider what you get with the bonded alternative, you will see that it is well worth the additional expenditure.
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.