Everybody likes diamonds and no one looks bad in diamonds, do they? It is not really within the remit of this article to propose whether diamonds are a first-class investment or not, but their supposed worth is enormous. Instead, I would like to discuss where the best place to buy a diamond is, because it is more important that you buy your diamond from a reputable merchant with a guarantee than that you believe you got a good deal on eBay by means of buying somebody’s granny’s engagement ring, which might not be authentic.
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.
Purchasing a bonded diamond will cost more than buying a non-bonded diamond, however when you look at what you get with the bonded option, you will perceive that it is well worth the additional cost.
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 guarantee, for the life of the diamond, then you have to take a nearer look at the diamond to see what is amiss with it. Only joking, they will always offer you a 100% buy-back warranty 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 value, with a fixed increase rate that is designed to keep up with inflation. This means that a diamond that is worth a particular amount of money today will be worth more in the future, as the price of diamonds continues to rise. This normally does not relate to buy-backs, although. It normally applies to trade-ins.
On the other hand, by buying a bonded diamond, you are protected against the prospect of a market collapse. If a market collapse does happen, the price of diamonds will go down. However, the bonded jeweller guarantees to reimburse you the discrepancy between what the diamond is now worth and what you paid for it before the market crash.
It might be not easy to find a bonded jeweller in your area, 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 find a bonded jeweller in your vicinity by using different online resources like Google or Yahoo, or by dialing the local jewellery stores.
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