Diamond rip-offs are common place due to the demand for diamonds. This has given rise to an influx of diamond counterfeits in the market. There are ways in which diamond rip-offs can be avoided. Some diamond scams are trivial, but there are some major ones that crop up from time to time that impact the buying and selling of diamonds. People fall prey into buying diamond rip-offs occur as most people who buy diamonds – do not know much about diamonds. Therefore, they are easily ripped-off.
If you observe jewellery stores showcase their diamonds in bright light which make them shine. Hence, when you go to purchase diamonds, ensure to ask to see the diamond in a different, darker type of lighting. Beware when the jewellery stores refer to a diamond as a blue-white diamond. A blue-white diamond may sound unique, but in fact, this type of diamond is of lesser quality.
A common diamond rip-off is the Carat Total Weight scam. The tag on the piece of jewellery, mostly a ring, only states the total carat weight of the diamonds in the piece, instead of listing the total weight separately for each diamond. This leads consumers to believe that the main diamond in the piece is actually bigger than it is. Here, the buyer needs to inquire about the total carat weight of the center stone. Also be on the lookout for fractions. Jewellery stores are allowed to round off diamond weights. This means that if the jeweler tells you that it is a ¾ carat diamond, it is probably between ½ and ¾ carat – but closer to ¾.
When you want to appraise diamonds that are gifted or purchased elsewhere, the jewellers will try to convince you that the diamond is worthless, or holds less worth than it actually is. They will also offer to take it off your hands or trade it for a much better diamond, along with the cash to make up the difference. This is called low balling. Do not depend on just one jeweller, get a second, third, and even a fourth opinion before making a decision.
Another among the diamond rip-offs can occur when you are to make a purchase. You may select a diamond and would have paid for it too, however there will be a switch when you leave it to be set in a piece of jewellery, or leave a diamond ring to be sized. The only way to avoid this diamond rip-off is to conduct business with a trustworthy jeweller.
Diamond rip-offs are common place than you would like to believe. Being aware is important, especially as aspiring jewellery design students. Learn all about jewellery design in the 1-year Diploma in Fine Jewellery Design offered at one of the best jewellery design institutes in Vijayawada.