Sunday, January 20, 2013

True or False: Diamonds are all the same...

Answer: TRUE AND FALSE!
For anyone buying a diamond I am about to lay some basic, MUST HAVE, knowledge on you:

SO TRUE: Diamonds are all same- there is nothing better about the Joe Schmoe Jewelry store diamond than the John Doe Jewelry store diamond. Don’t let anyone tell you that you are getting a special diamond at their store that you can’t get anywhere else….unless it is an extremely rare diamond, like a red diamond or a 20 carat diamond, for example.
ring-bandAll those gimmicky, specialty diamond cuts are either exactly the same as any other diamond (cut-wise) or that gimmicky cut that you are paying extra for will only get you LESS money when you go to trade it in or sell it, because they are less desirable and therefore harder for a jeweler to sell second hand.
SO FALSE: While diamonds of the same, carat, color, clarity and cut are technically all the same and should be treated as such in the cash money department, every diamond is also unique. For that reason, YOU SHOULD NEVER BUY A DIAMOND WITHOUT SEEING IT IN PERSON FIRST. If you were to go on a hunt for a 1.5 carat round diamond with a color grade of G, a clarity grade of VS2, and a cut grade of Triple Excellent, you would likely find a plethora of stones to choose from online. Any jeweler has access to a huge database with hundreds of stones likes these available at their fingertips. All those stones are technically the same, but the funny thing about diamonds is, they all have their own “personality”. You might look at 3 of those identical stones and find that one is more sparkly than the other, one might seem a little darker, and the list of differences can go on and on. So if you are going to drop some serious cash on a stone that will adorn the finger of your one-and-only for eternity- you should see it first!! Remember, as DeBeers always says, “A diamond is forever,”….so don’t eff it up (excuse my edited French).
In the end, get whatever diamond you love, not for investment purposes, for enjoyment. Odds are you will never make money on your diamond, again, unless it is extremely rare.
www.pampillonia.com

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