Diamond Scams
When it comes to diamonds, there are numerous scams to abstain. A lot of scams are lesser, however there are some hefty ones that come up from time to time concerning the buying and selling of diamonds. Scams occur simply because many people who purchase diamonds – for whatever reasons – don’t know that much about diamonds. For this reason, they’re surely fooled.
A popular scam that a lot of jewelry stores associate with in is the Carat Total Weight scam. The tag on the piece of jewelry, generally a ring, only states the overall carat weight of all diamonds in the piece, rather of listing the total weights independently for each diamond. This leads consumers to believe that the main diamond in the piece is surely larger than it is. Ask what the complete carat weight of the center stone is. Additionally beware of fractions. Jewelry stores are allowed to round off diamond weights. This means that if the jeweler tells you that it is a ? carat diamond, it’s most likely between ? and ? carat – nevertheless closer to ?.
Jewelry stores typically run ‘fluorescence’ scams to varying degrees. Referring to a diamond as a blue-white diamond is such a scam. A blue-white diamond sounds very rare and special, but in fact, this kind of diamond is of minor quality – even though the jeweler will try to make you think you are getting something special. Jewelry stores also like to show their diamonds in bright lights. Lights make diamonds shine. Ask to see the diamond in an a separate, darker kind of lighting as well.
A few absolutely unscrupulous jewelers target those who wish appraisals on diamonds that were given to them as gifts or that were got elsewhere. They will try to tell you that the diamond is worthless, or worth less than it certainly is worth – and allow to take it off your hands or trade it for a much better diamond, along with the cash to make up the difference. This is also known as low balling. Get a second, third, and even a forth assessment before taking any action.
Another popular dirty trick is to switch the diamond you have preferred and paid for with one of lesser quality and value when you leave it to be set in a piece of jewelry, or leave a diamond ring to be sized. The only way to evade this is to do business with one trustworthy jeweler. Escape jewelers that you have not done business with in the past.
There are several more scams that jewelry stores normally pull on unsuspecting consumers. Just make the most of your best judgment, and buy your diamonds with the maximum care and consideration.
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