Articles by this Author
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Why are there several dealers offering the exact same stone?
Diamonds seem to appear in the listings of several of the online vendors at the same time, sometimes at different prices. Here's why.
Discuss...
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Why isn’t Rapaport pricing important for consumers?
Everyone wants to get a good deal and anyone who embarks on even casual research into the pricing of diamonds will quickly come across a ‘wholesale’ pricing sheet called Rapaport. A little bit more digging will produce an assortment of advice about what this report is good for ranging from suggestions that it’s the ultimate secret to dealer pricing to hints that it’s part of a massive scam by the diamond cartels.
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How to avoid 'Conflict Diamonds'
Buying Canadian goods is one way to avoid contributing to wars in Africa, but it's not the only way. Diamonds are a blessing that can lead to prosperity for the miners, cutters and hundreds of thousands of others involved in bringing the stone from the mine to you. Here’s how to do your part as a consumer to avoid ending up with a "blood diamond".
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What do you mean diamonds can chip?!
Diamonds chip. This comes as something of a surprise to a fair number of people because we’ve all been hearing that a diamond is forever for our whole lives. Chip, break, crack, call it what you will, when it happens it leads to a whole set of questions that most people never thought to ask.
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A jeweler’s guide for how to get along with Pricescope.
Pricescope represents an amazing opportunity for jewelers who are willing to take the plunge but it’s a difficult step to take. Quite a few industry pros have asked for advice on how they can increase their presence here on Pricescope without coming across as either a fool, a blowhard, or an apologist. Hopefully this will help.
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Buying Safely
Diamonds are a difficult item to buy in the best of circumstances. For most shoppers it’s one of the most expensive purchases of their lives and it’s aggravatingly necessary to rely on the advice of salespeople who may not have your best interest at heart when they tell you that something is a fabulous deal. The Internet merchants come with their own risks of providing a credit card, waiting for delivery and the ever present possibility that you will need to make a return and collect a refund. Here are some tips on buying diamonds safely, both online and on the street.
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A consumer’s guide to reselling diamonds.
For most individuals, selling a diamond that they no longer want is a frustrating and sometimes eye opening process. If you’re like most people, you aren’t an expert in diamonds yourself and you don’t happen to own a jewelry store or diamond outlet so you are going to be relying on experts to assist. You’ve got some idea what it’s ‘worth’either based on what you paid or what some appraiser has told you and you just want to get your money out as quickly and efficiently as possible.
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The Internet and Sales Tax - A Free Ride or Not?
Most states, counties and cities in the US charge a sales tax. This is a tax imposed on their resident’s consumption of most tangible property within their borders. Along with property taxes it’s one of the primary sources of revenue for these governments and it’s used to support fire protection, police and other public services. Stores within the community routinely collect sales taxes which they then submit to the taxing authorities - but mail-order and Internet purchases from merchants elsewhere do not - and this is routinely considered an advantage to working long distance.
So -is it true that buying from an out-of-state merchant can save you the cost of paying sales taxes?