Why You Should Buy Diamonds From A Bonded Jeweler

Everyone likes diamonds and nobody looks bad in diamonds, do they? It is not actually within the scope of this piece to recommend whether diamonds are a good investment or not, but their perceived value is enormous. Instead, I would like to look at where the optimum place to buy a diamond is, since it is more important that you buy your diamond from a respectable merchant with a warranty than that you believe you got a decent trade on eBay by means of buying someone’s granny’s white gold engagement ring, which may not be genuine.

Consequently, before you commence browsing for diamonds, consider dealing with a bonded jeweler. Bonded jewelers sell bonded diamonds however there are not that many bonded jewelers in the world. In fact, of the jewelers 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 consider what you get with the bonded alternative, you will see that it is well worth the additional expenditure.

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 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 need to take a closer look at the diamond to see what is wrong with it. Just joking, they will always offer you a 100% buy-back guarantee or tell you why not.

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 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 possibility of a market crash. If a market crash does happen, the value of diamonds will plunge. However, the bonded jeweler promises to reimburse you the discrepancy between what the diamond is now worth and what you paid for it before the market crash.

It could be tricky to find a bonded jeweler in your vicinity, but if you can, this is who you need to do business with, as opposed to dealing with a non-bonded jeweler. Specifically inform the jeweler that you are only interested in bonded diamonds. You can discover a bonded jeweler in your area by using various online resources like Google or Yahoo, or by calling the local jewelry stores.