Bonded Diamonds
Before you start shopping for diamonds, consider dealing with a bonded jeweler.
Bonded jewelers sell bonded diamonds, and there are very few bonded jewelers
in
the world. In fact, out of all of the jeweler’s 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 look at what you get with the bonded option, you will see
that it is well worth the extra expense.
First, bonded diamonds have a buy back policy for the life of the diamond.
No matter
how long you have had the diamond, you can take it back to the bonded jeweler
and sell it
back to him or her, for a 100% refund. If a jeweler does not offer a 100% buy
back
guarantee, for the life of the diamond, then you should take a closer look at
the diamond
to see what is wrong with it.
Bonded diamonds also have a breakage policy. If the stone breaks or chips,
the
bonded jeweler will replace it with a new one – one time. No jeweler 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 piece of mind concerning the quality of the diamond. Bonded
diamonds are natural and untreated.
Bonded diamonds increase in value, with a
fixed appreciation rate that is designed to
keep up with inflation. This means that a diamond that is worth a certain amount
of
money today will be worth more in the future, as the price of diamonds continues
to rise.
This generally does not apply to buy backs, however. It typically applies to
trade-ins.
Alternately, by purchasing a bonded diamond, you are protected against the
possibility of a market crash. If a market crash occurs, the value of diamonds
will
drop. However, the bonded jeweler guarantees to refund you the difference
between what the diamond is now worth and what you paid for it before the market
crash.
It may be difficult to find a bonded jeweler in your area, but if you can,
this is who you
want to deal with, as opposed to dealing with an un-bonded jeweler. Specifically
tell
the jeweler that you are only interested in bonded diamonds. You can find a
bonded
jeweler in your area by using various online resources, or by calling the local
jewelry stores.
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