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SMART DIAMOND BUYING
Get complete quotes in writing
Use this form to get a guaranteed complete quote from a jeweler.
This form assures the grading is accurate, because it requires a jeweler to guarantee in writing their grading can
be verified by The Gemological Institue of America(GIA )or The American Gem Society(AGS). If a jeweler does not have
the confidence and expertise to fill out and sign the form, I wouldn't
buy there.
Don't be fooled by "wholesale" claims
Many, many, many times we have seen people buy poor quality and pay
too much, because they were told it was a "wholesale" price. Or perhaps
they knew a friend who promised a great "deal" and they failed
to actually compare prices with other jewelers (especially Wilsons!).
Regardless of how good it sounds, ask questions
(Questions you should ask) and make sure to compare any quotes with
other jewelers.
Be wary of "certified" diamonds
There are all kinds of merchants lately that use "certificates" to validate their diamond grades. These
non-authentic "certificates" look credible but do not have the legitimacy of a GIA (Gemological
Institute of America). Diamond Grading Report or AGS (American Gem Society)Diamond Quality
Document. These grading reports (GIA , AGS) are the industry standards, and a wise buyer will not accept other
grading reports. (For more information on "certified" diamonds see our Certified
section herein.
Salespeople who use pressure have higher prices or
work on commission
Avoid these merchants and dealers. There is no reason to pressure customers
if the jeweler doesn't mind you comparing their prices and quality. Also,
a commissioned salesperson sells what's best for him, not you.
Always buy a loose (not mounted) diamond
Imperfections and low quality can easily be hidden on a mounted diamond.
Find a place that shows their diamonds separate from their rings and
then mounts the diamond in the ring of your choice.
Low overhead does not necessarily mean low price
One dealer may mark up very little (even charge his cost) and yet,
because of his buying price, may be charging more. Don't assume the
price is low just because you are in someone's home or small office.
Be very distrustful of "sales"
Compare the bottom line price after the 'sale' and you'll find that
the "regular" price is highly marked up to enable a continual "discount".
Ironically, this "discount price" is usally more than a normal price
elsewhere!
Put guarantees and freebies in their proper perspective
Some guarantees are nice but most are fluff with many disclaimers in
fine print. "Freebies" are not really free. These have to be paid for
in extra mark-up to cover the cost, no matter what the salesperson tells
you. Decide where to buy based on the core issues of quality and price
first, and then consider guarantees and freebies to see if they
add anything significant.
Trust your instincts
If you feel uneasy about any salesperson or dealer, don't buy there.
You may not even know why you feel that way, but it's probably valid.
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