How to Avoid Black Market Diamonds

Extraordinary Round Diamond Necklace & Detachable Sapphire Halo Pendant (29.23Ct TW)

Extraordinary Round Diamond Necklace & Detachable Sapphire Halo Pendant (29.23Ct TW)

One of the biggest fears for consumers and vendors alike in practically any consumer-based industry is the intervention of the black market. People say imitation is the greatest form of flattery, but it is also one of the greatest threats to authenticity. In the world of diamonds, the black market not only threatens the future of genuine diamonds, but also puts dealers and owners at risk of being robbed, and consumers at being duped. This is why it is crucial to know how to stay far away from black market diamonds.

 

Make Sure There is a Certificate

Many people feel much safer about their purchases when it is done in a proper store, whether it is a privately owned establishment or a chain. However, since diamonds travel a long way before they make it to the velvet-lined cushions within jewelry store drawers, it is an absolute must to request a certificate for each and every diamond you are shown. Make certain it is an authentic certificate, such as the one supplied by the GIA, and that everything that is described on the certificate is what you have been told about the diamond.

 

Buy from Trustworthy Dealers

People naturally buy important items from people they trust or from people that have been highly recommended. This is especially important for diamonds, and for the most part, it works for people. Friends and family members recommend trustworthy diamond dealers they have worked with, and there is always accountability. Sometimes, however, especially when one is looking for something a bit different or very specific, general vendors are sought out. This is done through the Internet or by window-shopping, and it is very difficult to find someone you can trust to vouch for the establishment. In such cases, it is extremely important to conduct the necessary research and to do the utmost to locate someone whose opinion you can rely on. This can be someone who has recently bought from the establishment you are interested in and is able to provide you with sufficient evidence that this is indeed someone you can trust. Today, there are a number of third-party agencies, like Trustpilot, where people leave honest reviews.

 

Have Diamond Appraised Objectively

Most online diamond dealers offer a good return policy, and if they don’t you should probably steer in another direction. Before the return date has passed, have the diamond appraised by an objective appraiser. Find someone else you can trust who doesn’t have any connection to the diamond dealer and make sure you are getting what you think you are getting. You cannot be too careful, and as much as you are itching to own that sparkling gem, it will be so much more enjoyable when it is worry-free.

Good things come to those who wait, and to those who prepare properly. Unfortunately, there will always be people out there trying to con you. Buying diamonds is not like buying a pair of shoes. It is actually more like purchasing a home, a car, or at the very least, an expensive appliance. Some black market diamonds are real diamonds, and the only way to know that something is wrong is by tracking its history. This is something that does not really exist with appliances. Research and knowledge is so important when in search of diamonds for purchase, so make the most of it.

Video Gallery
icon scroll icon scroll