Diamonds have long been captivating the hearts of women. Usually associated with the affluent, the superb qualities and characteristics of the diamond make it an enduring gift. Preferred as investment pieces because of its timeless appeal, a diamond signifies power, stability, and elegance.
A truly flawless diamond is very rare and obviously very expensive. As a product from nature, it is only natural that they come with distinct irregularities. Diamonds do not come as crystal clear white but come in a wide array of colors and shades. Due to the chemical reaction during its formation, diamonds can come in shades such as pink, blue, orange, green and yellow.
When buying diamonds you want to know as much as possible about the stone. Here's a rundown on the more important aspects when buying diamonds.
Clarity - with less irregularities and natural flaws the better the clarity. The more flaws in a diamond the cheaper it would be. Clear diamonds are brighter.
Cut - the brilliance of diamonds depends on its cut. How a diamond refracts light will depend on the many angles in the finish, symmetry, and polish. This is where man intervenes as the other factors are determined by nature itself. A well cut diamond dances with brilliance in your eyes.
Carat - normally, the bigger the diamond the more expensive it is. You do have to consider the measure of flaws and cut of the diamond though. A smaller diamond can sometimes fetch a higher price because of its clarity and cut.
Color - with exception of rare colored diamonds (i.e. blue, green and pink) the less color a diamond has the better. Colorless diamonds refracts light better. With better light refraction comes brilliance.
Consider loose diamonds. Loose diamonds are generally used on industrial tools and drills. Buying certified loose diamonds might provide you better options and choices in mounting the jewelry.
Know the shape of the diamond you want. For instance, do you want round, square or octagonal?
Take into account the shape and size of your hands; wider bands match wider hands and vice versa. A diamond should compliment the hands and personality of the person.
Always consider buying from a respectable store, whether that is online or offline. Ask to see the GIA certificate or AGS certificate of your diamond. The more informed you are the less chances of getting scammed into buying an overpriced diamond.
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Growing Incidence of Undisclosed Treated Diamonds in Australia
DCLA has seen an alarming increase in the number of treated diamonds being submitted as natural diamonds to the laboratory for certification.
It should first be said that diamond treatments are neither good, nor intrinsically bad in and of themselves. There is nothing wrong with buying a treated diamond, provided that the treatment is fully disclosed and that you pay the appropriate price for the diamond. Because of their lower cost and value, treated diamonds can allow a person to buy a diamond that appears to be of a higher quality than it truly is.
However, too often the presence of such diamond treatments is concealed. Whether this deception is by intent or negligence, such concealment is tantamount to fraud.
Not only does artificially treating a diamond significantly reduce its value, but most diamond treatments are unstable and reversible. For this reason, all internationally accepted rules for diamond grading forbid the certification of treated diamonds. An extremely disturbing discovery just recently in the DCLA Laboratory was that of a coated diamond accompanied by a certificate from a supposedly legitimate Australian ‘laboratory’.
Members of the diamond industry have a responsibility to consumers to convey accurate and transparent information, and each individual that handles a diamond as it moves down the diamond pipeline from the mines should be held accountable for making known any treatments that a diamond has undergone.
It is deceptive and unfair to fail to disclose treatment of a diamond when it has a significant effect on a diamond’s value. In its pursuit of consumer protection, DCLA is offering a ‘Diamond Amnesty’ for diamond owners Australia-wide – any diamond brought in with its matching diamond grading certificate will be verified for grading accuracy and tested to ensure that it is natural and free of treatments. This service will be provided free of charge.
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