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Thursday, April 29, 2010

Diamond Buyer's Checklist

Learn as much as you can about Diamonds. Decide and write down, in order of importance, which of the 5C's are most important to you: Cost, Carat, Color, Clarity or Cut.

1. Once you know what you are looking for, physically visit jewelry stores. Identify a jeweler who is willing to spend some time with you showing you diamonds. Look at as many diamonds as you can that match your specs and budget. Make sure when comparing prices that you compare apples to apples. This can be more difficult than it sounds. For example, sometimes relatively minor differences in cut/proportions can have an impact on a stone's price and beauty. Most importantly, do NOT compare the price of a certified Diamond with the price of a Diamond which is not certified, or is only certified by an unknown Laboratory. You may be in for a surprise because the quality asserted by a no name lab may not match the quality asserted at a reputable lab. Which would translate into paying more money for something that is less than you thought it was.

2. Always ask for a certificate. There are several Independent Laboratories out there. The most well-known are GIA, the Gemological Institute of America and HRD, the Antwerp Gemological Institute.

3. The Rapaport Diamond Report (Rap Sheet). There is a standard report of Diamond Prices known as the Rap Sheet. This officially lists high wholesale diamond prices in the diamond world. There are market fluctuations which change according to supply and demand. The best way to know prices for the specific Diamond you are looking for is to shop around for a Certified Diamond of a quality range you desire, within your budget.

4. Don't pay a premium for one of the C's only to turn around and get low quality in another C. While there are exceptions to this rule, for example if you are getting a great price, why would you pay a premium for a branded ideal cut diamond and then get a low color or clarity? Save some money on the brand name and upgrade the other C(s).

The best advice I can give you to work with a Diamond Broker like me. I can take you through the diamond world and help you make the best decision.

For additional information, please visit my website at www.diamondsbyappointment.org

Friday, April 23, 2010

Investing in Diamonds

The biggest misconception that investors make with diamonds is they assume that they should behave like a commodity. A commodity is anything for which there is demand, but which is supplied without qualitative differentiation across a market. In other words, copper is copper. Rice is rice. Diamonds, due to their differences in quality, do not fit in as a true commodity. Most commodities have terminal markets, some form of a commodities exchange, clearing house, and central storage facilities. The existence of these terminal markets makes commodities have a high liquidity. Diamonds are not a commodity, so they have a relatively low liquidity. Most diamonds are sold through retail stores at very high profit margins. In other words, if you try and make some quick cash by selling your diamond necklace, you will most likely suffer an enormous loss. When it comes to investing in diamonds, the only way to make a real buck is to buy the diamonds at wholesale prices.

I can help you buy the best diamonds at wholesale price for investment or for that special someone.

Please visit my website at www.diamondsbyappointment.org

Tuesday, April 20, 2010

Polished Prices

DIAMOND MARKET OVERVIEW

Traders reported a relatively quiet week for polished, as market players appear to be testing higher prices to keep up with the rise in rough. Some said prices for polished sold at wholesale are now higher than the price that jewellery retailers are willing to pay. To break the impasse, they say either rough will have to ease, or prices paid for polished at retail will have to increase. While traders are reporting overall healthy demand for polished, the US retail market remains weak. In the broader market, the main PolishedPrices index ended the week lower opening at 114.7 points on Friday, compared to Monday’s opening last week at 120.0 points.

For information on how to buy diamonds at wholesale prices please visit my website at

www.diamondsbyappointment.org

Friday, April 16, 2010

Diamonds by Appointment Only

A new way to sell diamonds in Antwerp!
Forget about the mark up prices in the high street. Jewellers have a lot to cover in terms of overhead, rent, staff costing, etc... No wonder they margins are so high... and who pays for it? You! Let's say is time for us to shop smart... by direct from the source...
Visit my website and see how easy is to save from 30% to 50% in diamond jewellery!