Thursday, October 23, 2008

Why Buying Certified Diamonds is Important while Investing

By Caroline Melkonian

When you are looking for an asset to invest in, diamonds can be a fantastic option. These beautiful stones have never been more popular - however it is important that you are careful in your decision of what to buy. Ensuring that the diamond ring, diamond necklace, or any other diamond jewellery that you are looking at, only contains certified diamonds is the first step to making a wise investment.

Your first stop when buying diamond jewellery should be a dealer who offers legitimate certified diamonds. While other dealers may be lower in price, if you use a certified dealer then you can be assured that what you get will be a quality product, and not a cheap imitation. The biggest mistake that buyers make when purchasing their diamond jewellery is becoming blinded by the look of the jewellery instead of finding out the facts about the diamond itself.

Your diamond jewellery will be a timeless addition to your jewellery collection so it is important that you find a piece that is pleasing to your tastes - but it is still imperative that you know that that piece you have fallen for is everything you want it to be. To your untrained eye the diamond you have selected might look dazzling and perfect, yet there are many flaws that can be found in diamonds that are only visible to trained gemologists under close scrutinisation. Any flaw in the diamond can severely affect its current value and it's future appreciation. This is very important to note, as when you purchase a piece of diamond jewellery it is generally considered that you are acquiring an asset that will go up in value over the years.

Diamonds have been a safe investment for many years, but this is true only if the diamonds are of excellent quality. This is why buying a certified diamond is so important. A certified diamond will come with a report written by a trained gemologist and will cover the dimensions, clarity, color, polish and symmetry of the diamond, amongst other information. It will also list the cut of the diamond so that you can ensure you are looking at the right piece. These certificates can only be written by a gemologist who is highly trained in the field of diamonds and who can spot any major or minor flaw with ease. Because these professionals are experts in their field, you can rest assured that your certificate will cover absolutely every aspect of the diamond.

It is your right as a buyer to request to see the written certification. When you have made a decision on the piece that you want, you should ask to see the diamond certification immediately. The certificate should very clearly list any flaws with the diamond so that you know exactly what you are buying. If for any reason the dealer tries to dissuade or distract you from seeing it, this is a very clear indication that your pick may not be what it seems. The dealer that you are shopping with should be happy to show you the certification for the diamond jewellery that you are considering. Remember, you are making a serious investment for your future, so you should be able to trust that the dealer will be very upfront with you about the diamond you are looking at. If you encounter any behaviour that is less-than-honest you should walk away, straight away.

When you are shopping for a diamond, be sure that you check that it is a certified diamond. This certificate is your assurance that the diamond jewellery you are investing in is worth your hard earned money. - 15438

About the Author: