Diamond Education from around the world
“A diamond is forever.” Everyone has heard this slogan to advertise DeBeers’ diamonds, and it’s basically true. Al though you can break or lose them, diamonds are not particularly perishable. This has created a whole segment of customers who find that they have diamonds that they no longer need or want and who would just … Read more
Diamond Memo – If you’ve been shopping for a diamond using one of the big Internet databases, you may have noticed a curious phenomenon: It’s called “Diamond Memorandum.” Multiple dealers will have the same stone for sale, you know this because it’s got the exact same GIA report, but they’ll have minor differences. Cut grades. Minor … Read more
Any statement of value must contain the elements of what something is worth, to whom, when and under what circumstances. An unexplained number is at best useless, and quite possibly misleading. That’s just fundamental to the concept of value and nearly every discussion of value ends up with someone talking about ‘fair market value’ as … Read more
[sc_fs_multi_faq headline-0=”h2″ question-0=”1. Why isn’t an “appraised value” just the amount of money I can get if I sell my jewelry today?” answer-0=”An appraisal for insurance is not the same as a “bid” to buy. When you sell jewelry, the price depends on who is buying, their current inventory, and even their local popularity. An … Read more