Posts Tagged ‘bonded jeweler’

To Be Safe & Sound When Buying Diamonds: Bonded Diamonds

Friday, November 20th, 2009

While you begin the purchase process of diamonds I recommend you to do it with a bonded jeweler. What these professional jewelers do is selling diamonds that are bonded. You must know that bonded jewelers are a minority in the jewelry business around the world (there is an estimate that about 5% of the jewelers are selling boneded diamonds).

If you are looking to buy a diamond with bonded option you will pay more than you will pay for buying a non-bonded diamond. Yet, you may find that what you’ll get will worth the money you paid for it.

One reason is that when you buy bonded diamonds you get a buy back policy for the whole life of the diamond. You can own the diamond for a short while or a long while – you can still withdraw of your purchase and take to the bonded jeweler who in turn will be willing to buy it from you for a one hundred percent refund.  In the case  a jeweler doesn’t propose 100% buy back guarantee, for the whole life of the diamond what you ought to do is take a closer look at the diamond to get a sense what’s the matter with it.

The second reason to buy bonded diamond is that they have a policy for breakage. In case a stone separates into fragments the bonded jeweler will substitute it with a new stone – but only if it happened once. The breakage policies in the market are only availiable for stones that are 100% natural. Hence, by getting this kind of offer you can relax that you get a diamond of good quality. Generally speaking bonded diamonds are natural and unprocessed.

The third reason is that bonded diamonds have a growing value with a fixed apprieciation rate that is meant to maintain its value in times of inflation. This way a diamond that costs a specific amount of money nowadays will cost more in the future, in case the economic value of this diamond will keep on rising. Everything that’s said here does not relate to buy backs, but it does mostly relate to trade-ins.

The fourth reason is that by buying a bonded diamond you are reducing the possible risk of a market crash. On a market crash the value of diamonds will be reduced. Yet, the bonded jeweler provides you with a guarantee to restore you the difference between the current cost of a diamond and the your purchase price before the market crash.

You may find it hard to locate a bonded jeweler who is operating near to you, but it isn’t impossible.  But remember – a bonded jeweler is your better choice for a diamond transaction. When you contact a bonded jeweler tell him that you want to purchase bonded diamonds solely. To find your local bonded diamonds jeweler near to you by using search engines, online directories, yellowpages, newspapers etc.