Jewelers in NYC are a tricky bunch. Because jewelry isn’t bought often—only really for special occasions—many people are unaware of the language of buying jewels let alone the common pitfalls that jewelry purchasers fall into when attempting to buy jewelry for a special someone. An easy way to remedy this is to research a lot about the piece you are considering purchasing. If you are in the market for an engagement ring for an almost fiancé, be sure to research the average costs of the type of stone and setting you are looking at. If you are looking for a specific stone, like a diamond, you will need to understand the four C's of diamond grading. But, when you go to a jeweler to purchase a ring, here are a few suggestions for determining whether your jeweler has your best interest at heart and can provide you with the best deal for the best piece of jewelry. Sales There is no such thing as a sale on diamonds. For one, most diamonds in larger stores are marked up because they can be. According to a former editor for the Rapaport Diamond Report, “If a sale ever happens, that’s the end of the diamond business.” And according to ibatom.com, there’s a reason for there never being a sale. The world’s diamond supply is carefully orchestrated by De Beers, who owns most of the diamond supply in the world. But, in order to create the same prices every year, no matter what the supply or demand, they “choke back supply or increase production.” Accordingly, there are very few diamonds on sale, and the ones that are on sale will have less than perfect proportions or will not stand up to the best of the four C's of diamond grading. Visible Cracks and Fillers When you are looking for a piece of jewelry, one of the most important things to inquire about is whether or not your stone has been altered in any way: whether by fillers, or other treatments, your diamond’s beauty can quickly disappear with any type of heat or pressure. If you receive a stone at a premium price and then discover that it has been fracture-filled or otherwise treated, you have paid much more than you should have. Conflict Stones Conflict diamonds are also called blood diamonds because these diamonds are often mined in a war zone where the resulting funds are used to finance war efforts. These diamonds are often used to fund armed soldiers, a warlord’s activity, and devastating civil wars in countries around the world. When shopping for a diamond you should try and determine where your diamond is from if at all possible. Though diamonds that are conflict free are considered to have not financed war or war efforts, there are still other diamonds in the world that are tainted by violence, child labor, environmental harm, and worker exploitation, according to brilliantearth.com. Sizing Matters Most men will be looking for a one carat diamond for any engagement ring at a Jewelers in NYC. But, the bigger the diamond, the more it costs per carat. However, beware: diamond prices do not rise in a “smooth rational curve,” according to diamondandgoldwarehouse.com. Unfortunately, people think in very round numbers, so the difference between a 1.00 carat diamond and a .95 carat diamond is extremely different. The 1.00 carat will cost a lot more that the seemingly similar .95 carat. You may get a better diamond and more of your money’s worth if you choose a diamond with a little bit of a smaller cut. Also, beware that most cutters when they are trying to cut a 1.00 carat diamond will have a harder time cutting the diamond to its best shape because they are trying to hold onto all of the weight they can in the diamond.
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