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Wednesday, December 10, 2008

How to Clean your Diamonds

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Through our day to day movements our diamonds get smudged and soiled. Even when we are not wearing them, they collect dust. Lotions, soaps, our natural skin oils, can cause film and grime on diamonds and inhibit their brilliance.

Want to keep that Brilliance and Shine? Diamonds require cleaning so that maximum amounts of light can refract fiery brilliance. Remember that all it takes is a few minutes and a little care to keep that diamond as fiery as the day you first saw it.

You can use an small soft brush such as an eyebrow or lip stick brush and soap and water to clean your jewelry. Simply make a bowl of warm sudsy water with a mild detergent and place your pieces in the mixture. Then brush the diamonds with the soft bristles of the brush while they are in the suds. You will need to make certain that you rinse them clear of the suds aftercleaning them. You can use a small kitchen strainer such as a tea strainer to contain them while rinsing under warm water. Use a lint free cloth, or a jewelry polish cloth to pat them dry.

If your diamonds are in need of a stronger cleansing, you may want to soak them for 30 minutes in a solution of half and half water and ammonia. Once they have soaked for 30 minutes, remove them and gently brush the mountings with a small brush. Then replace the pieces to the solution and swish them around in the mixture before removing them to rinse and pat dry.

If you find your self too busy to be mixing soaps and ammonias, many department stores sell liquid jewelry cleaners. Most are kits, with everything you need included. You need to read the labels to determine the one that is right for your diamonds and other jewelry. Read the complete directions and follow all the precautions.

And if you find yourself more the “high-tech type”, even in your diamond cleaning routine, there are multiple ultrasonic cleansers on the market. These machines use high-frequency to create a cleaning motion. All machines are not the same, so please read the instructions before using.

Only you can choose the cleaning method right for you. But, it is essential to keep your jewelry clean to keep it brilliant and sparkling. Between cleaning, try not to touch your clean diamonds with your fingers or handle your jewelry by its edges. This will help maintain its shine and brilliance for longer periods.

How Diamond Prices Are Determined

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Pricing most products is quite easy.
Determine how much it costs to make the
item, how much it costs to market that item,
and then mark it up by 15 – 30% or more.
Simple, right? Well, pricing diamonds isn’t
quite that simple. There are many factors
that are considered when diamonds are
priced.

Diamond prices are determined first by
adding the cost of the rough diamond, the
cost of cutting the diamond, and all other
costs necessary to turn the rough diamond
into a marketable diamond. Depending on
the importance of the diamond, an
independent company may be called in to
certify the grade of the diamond based on
color, cut, clarity, and weight.

At this point, the diamond becomes more
expensive each time it changes hands, until
it finally reaches a retailer, where the price is
raised a bit more. Before reaching the
retailer, however, the diamond must travel
from the mine, to the cutter and polisher, to
the independent grading company, and
then to the Primary market. Once it has
reached the primary market, it will be
purchased by diamond dealers and
wholesalers, and from there it will be sold
to retailers.

As you can see, the earlier you can purchase
a diamond in the process, the lower the cost
of the diamond will be – but not the value.
The value is based on what the diamond will
sell for in the market place – through a retailer.

If you own a diamond, and you have no idea
how much it is worth, you can have it
appraised, but the appraisal may not be
accurate. You will be better off obtaining a
certificate through GIA – Gemological Institute
of America. With the information on this
certificate, you can use a cutter’s guide to
accurately determine what your diamond is
worth.

There are also many diamond price
calculators available. These can be found
on the Internet, and many diamond dealers
use these as well. You must realize, however,
that before you can accurately price a
diamond, without a Diamond Grade Report,
you need to know quite a bit about diamonds,
such as different cuts, clarity, color, and weight
– and how each of those aspects adds to the
value of a diamond, or decreases the value of
the diamond as the case may be.

Again, you will be better off if you get a
Diamond Grading Report on the diamond,
and use that information to look up the price
in one of the guides that the diamond cutting
industry uses. This will give you the most
accurate value of the diamond in your
possession, or of the diamond you are
considering purchasing.

Famous Diamonds

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Among the most well known diamonds is the
Hope. This 45.52 carat steel blue diamond
is currently on display at the Smithsonian.
The legends of the ill-fortune and curse
bestowed on the possessor of the Hope
Diamond are many. This diamond was
donated to the Smithsonian in 1958. The
Hope was originally a rather flat, blocky
110-carat rough.

The Dresden Green stands out among the
natural colored diamonds. It is the largest
green diamond in the world weighing
40.70 carats. This diamond is historic, large
and has a natural green color with a slight
blue overtone. These facts make it virtually
priceless.

The Conde Pink is a pear shaped and
weighs 9.01-carats. This pink diamond was
once owned by Louis XIII.

The Tiffany Yellow diamond a beautiful
canary-yellow octahedron weighing 287.42
in the rough (metric) carats discovered in
either 1877 or 1878 in South Africa. The
gem after cutting boasts the extraordinary
weight of 128.54 carats. And until recently,
was the largest golden-yellow in the world.

The Koh-I-Noor ( Mountain of Light ) is now
among the British Crown Jewels. This
diamond weighs 105.60 carats. First
mentioned in 1304, it is believed to have
been once set in Shah Jehan‘s famous
peacock throne as one of the peacocks eyes.

The Agra is graded as a naturally colored
Fancy Light Pink and weighs 32.34 carats.
It was sold for about 6.9 million in 1990.
Since this sale, it has been modified to a
cushion shape weighing about 28.15 carats.

The Transvaal Blue is pear cut. This blue
diamond weighs 25 carats. It was found in
the Premier Diamond Mine in Transvaal,
South Africa.

The Great Chrysanthemum was discovered
in the summer of 1963, in a South African
diamond field. This 198.28-carat fancy
brown diamond appeared to be a light
honey color in its rough state. However,
after cutting, it proved to be a rich golden
brown, with overtones of sienna and burnt
orange.

The Taylor-Burton Diamond is a pear-shaped
69.42 carat diamond. Cartier of New York
purchased this diamond at an auction in
1969 and christened it "Cartier." The next
day Richard Burton bought the diamond
for Elizabeth Taylor. He renamed it the
"Taylor-Burton”. In 1978, Elizabeth
Taylor put the diamond up for sale.
Prospective buyers had to pay $2,500
each to view the diamond to cover the costs
of showing it. Finally, in June of 1979, the
diamond was sold for nearly $3 million dollars.

Diamond Grading Reports

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You’ve been told that having a certificate or
a diamond grading report is important, and
as a responsible consumer, you get one –
unfortunately, you probably won’t understand
a word of what is on that diamond grading
report, unless you are a jeweler.

On the color grading scale, D, E, and F
mean that the diamond has no color. G, H,
and I means that it has very little color. J, K,
and L means that the diamond has a slight
yellow color. P, Q, R, S, T, U, V, W, and X
means that the diamond is a darker shade
of yellow. Z means that the diamond has a
fancy color – other than white or yellow.
On the color grading scale, D is the most
valuable, and X is the least valuable –
however diamonds that get a Z rating are
the rarest and most expensive diamonds
in the world.

There are many aspects to a grading report.
Figuring it all out can be very confusing. You
should talk to a jeweler you trust, and have
them explain everything on the diamond
grading report to you.

Diamond Certificates

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A diamond certificate is also known as a
Diamond Grading Report. This report comes
from the Gemological Institute of America
(GIA), and you should require this report
when you are purchasing a diamond.

With a diamond certificate, you can verify
the color, cut, carat, weight, and clarity of the
diamond. You don’t have to worry about a
diamond dealer telling you anything less than
the truth, because the certificate comes
from the GIA – not the dealer. You may be
required to pay for the certificate, but the
cost is usually low, and in many cases, it
will help you negotiate a better price on the
diamond – or keep you from purchasing a
lower quality diamond altogether.

If you buy a high quality diamond, and then
later decide to sell the diamond, you will
need to have the certificate, or you will have
a hard time selling it to someone else.
Furthermore, you can use the Diamond
Grading Report to look up the wholesale
value of the diamond in question. Use the
guide that is used by the diamond cutting
industry.

With the Certificate, or Diamond Grading
Report, there won’t be any doubts when you
are trying to purchase a diamond. You can
easily find out what the diamond is worth.
This will prevent you from overpaying, and it
can prevent a seller from under-charging as
well.

A copy of the Diamond Grading Report
should be given to your insurance company
as well, when you insure the diamond. This
provides absolute, unquestionable proof of
the value of the diamond should it be stolen
in the future. Insurance companies cannot
argue with the report.

Avoid diamond dealers who seem reluctant
to provide a certificate! Also avoid sellers
who tell you that a certificate diamond will
cost you more – the only additional cost
should be the cost of the certificate, which
is low. If the dealer doesn’t want to provide
a certificate, then you don’t want to do
business with that dealer.

Don’t accept certificates from Gemological
Laboratories other than GIA. There are many
fly-by-night Gemological labs these days, but
in the end, GIA has been established as the
most respectable and trustworthy – not to
mention oldest – of the lot. So avoid dealers
who don’t want to use GIA for certification
purposes as well.

Don’t buy an expensive diamond without
paying the extra cost of the certificate. If a
dealer tries to convince you to make the
purchase without the certificate, or if they
want to use a company other than GIA, you
can be sure that the dealer has probably
greatly inflated the price of the diamond –
they have something that they are hiding
from you.

Selecting Diamonds

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Diamonds are graded for certification by
laboratories using grading criteria. Four of
these criteria are critical to understand when
making a diamond purchase or investment.
Known as the “Four C’s” these criteria are:
color, cut, clarity and carat.

Color is the result of the composition of a
diamond and it does not change. When a
jeweler is describing the color of a diamond
they are referring to the presence or absence
of color in white diamonds. Because a
diamond with no color allows maximum light
to pass through, colorless diamonds are
preferred for their sparkle.

Cut refers to a diamonds reflective quality.
Most diamonds are cut with 58 facets. The
brilliance of diamonds is heavily dependent
on the cut. The different angles and the finish
of a diamond determine its ability to reflect
light and cause its brilliance and fire.
Remember that the cut of a diamond can
have an impact on its durability as well as its
beauty. Some cutting faults can make a
diamond prone to breakage. A diamond
that is cut too thin can also cause light to
leak out of the back and the diamond will
lose some of the sparkle and appear not
to shine. So, as you can see the Cut is
probably the most important of the Four C’s.

During the formation process, inner flaws, or
inclusions occur in most diamonds. The
number and size of these inclusions
determine what is referred to as the clarity
of a diamond. Diamonds that are clear
create more brilliance and therefore are rarer
and highly priced. To be considered
“flawless”, a diamond must have no surface
or internal imperfections visible upon being
viewed by a skilled diamond grader using
10 power magnifications.

Carat is the unit of weight by which diamonds
are measured. One carat is equal to 200
milligrams. A carat is divided into 100
segments called points. 150 points would
equal one and a half carats.

When you go to the store to make that all
important diamond purchase, do not be shy!
Ask questions, get the answers needed to
make an informed purchase. Shopping for
certified diamonds enables you to make an
informed selection. Knowing the “four C’s”
allows you to comparison shop and purchase
the best diamond at a fair price. But, before
making a purchase, shop around and decide
what shapes and styles really appeal to you.
Enjoy your diamond for years to come!

How to Care for Your Diamond

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Caring for a diamond takes more than
occasional cleanings. Diamonds are forever,
but they can be damaged if you are not
careful. By learning how to properly care for
your diamond, you will ensure that your
diamond is indeed forever.

First, you should take your diamond jewelry
to a jeweler once a year. Have him check the
mountings and prongs that hold your
diamond in place. Have him make any
needed repairs. This will prevent your
diamond from falling out of its setting and
becoming lost.

Diamond jewelry that is not being worn, or
diamonds that are loose should be stored in
a fabric lined jewel case, or in a jewelry box
where it can be kept separate from other
jewelry. Each piece should have its own
compartment. This will keep diamonds from
becoming scratched, and it will also keep
your diamond from scratching other jewelry
as well.

Remove your diamond jewelry when doing
physical work. Diamonds can be chipped
and scratched easily. Also avoid allowing
your diamond to come into contact with
bleach or other household cleansers – this
can damage or change the color of the
settings and mountings, and it may even
irreversibly change the color of the
diamond!

Bonded Diamonds

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Before you start shopping for diamonds,
consider dealing with a bonded jeweler.
Bonded jewelers sell bonded diamonds,
and there are very few bonded jewelers in
the world. In fact, out of all of the jeweler’s
in the world, only about 5% of them are
bonded. Buying a bonded diamond will
cost more than buying a non-bonded
diamond, but when you look at what you
get with the bonded option, you will see
that it is well worth the extra expense.

First, bonded diamonds have a buy back
policy for the life of the diamond. No matter
how long you have had the diamond, you can
take it back to the bonded jeweler and sell it
back to him or her, for a 100% refund. If a
jeweler does not offer a 100% buy back
guarantee, for the life of the diamond, then
you should take a closer look at the diamond
to see what is wrong with it.

Bonded diamonds also have a breakage
policy. If the stone breaks or chips, the
bonded jeweler will replace it with a new one
– one time. No jeweler would ever offer such
a policy on any stone that was not 100%
natural, so just the offer of such a policy
should give you piece of mind concerning
the quality of the diamond. Bonded
diamonds are natural and untreated.

Bonded diamonds increase in value, with a
fixed appreciation rate that is designed to
keep up with inflation. This means that a
diamond that is worth a certain amount of
money today will be worth more in the future,
as the price of diamonds continues to rise.
This generally does not apply to buy backs,
however. It typically applies to trade-ins.

Alternately, by purchasing a bonded
diamond, you are protected against the
possibility of a market crash. If a market
crash occurs, the value of diamonds will
drop. However, the bonded jeweler
guarantees to refund you the difference
between what the diamond is now worth
and what you paid for it before the market
crash.

It may be difficult to find a bonded jeweler in
your area, but if you can, this is who you
want to deal with, as opposed to dealing
with an un-bonded jeweler. Specifically tell
the jeweler that you are only interested in
bonded diamonds. You can find a bonded
jeweler in your area by using various online
resources, or by calling the local jewelry
stores.

Synthetic Diamonds

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The first synthetic diamonds were produced
by General Electric in 1954. A synthetic
diamond is basically a rock that has the
durability, refractive index and hardness of
a natural diamond – but it is made by man.
A synthetic diamond should not be
confused with stimulant diamonds, such as
glass, cubic zirconia, or moissanite.

Although the technology for synthetic
diamonds came into play in 1954, no
synthetic diamonds were ever seen on the
market until the 1990’s. This was due to the
fact that it took many years for General
Electric to produce a synthetic diamond that
could compare with the quality of a natural
diamond – and when they figured out how to
do it, they found that it cost more to produce
a synthetic diamond than it did to mine and
cut natural diamonds.

Finally, a small company by the name of
Gemesis Corporation figured out a way to
produce synthetic diamonds that were of the
same quality as natural diamonds, at a
cheaper price. Today, Gemesis produces
synthetic white diamonds, and colored
diamonds as well. These diamonds sell for
about 1/3 of the cost of a natural diamond,
but there is a shortage of them, and they are
hard to find. In fact, it seems that synthetic
diamonds are rarer than natural diamonds!
 

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