Are diamonds a good investment ?
Why do you see signs in Jewelery stores "WE BUY DIAMONDS"? People invest in all sorts of things from Real Estate, Stocks, Classic Cars and Diamonds. They are now a HOT comodity. Since 1934 prices have increased more than the rate of inflation thereby protecting the real value of capital. In recent years diamond prices have remained stable due to a benign inflationary period. Thereby offering solid capital protection in addition to capital growth. Diamonds are the most concentrated form of storing wealth. They also offer you financial privacy not available elsewhere. Unlike other investments a diamond investor has 100 percent direct ownership of a portable tangible asset of proven value. Diamonds require no ongoing management or upkeep. Nor do they draw property taxes or require liability insurance. Unlike commodities and other investments, diamonds are insulated from the daily fluctuations of the markets and are not as likely to reflect sharp price changes. Because the international demand for collectible diamonds greatly exceeds the supply they are easily liquidated anywhere in the world. Unlike other hard money investments, no government stockpiles diamonds and they have no control of or influence over the free market in which diamonds operate. Should an investor so desire, investment grade diamonds can be mounted and worn. Diamond Direct Buy can Help you find the PERFECT diamond to invest in.
Ok....So you started Ring shopping .... went to a few local stores and looked around online right. Are you Driving your self crazy yet ?
Lets talk about frequently asked question from customers looking to purchase a diamond or Engagement Ring
"What's the difference between EGL and GIA?"
Here are a few Facts:
1.Both GIA and EGL Certificates are two of the Most recognized Lab names here in the USA However ( there are also many others that exist) EGL-USA , IGI, HRD,AGS etc....
2. Diamond Certificates are from Labs that outline the details of the stone, Both are recognized Labs which are distributed to Diamond Districts and Jewelry Stores across USA ,CANADA, AUSTRALIA and WORLD WIDE. Offered on Online sites and on Ebay.
3.They are both recognized in the industry and are more desirable than buying a diamond without any certification at all. But they are competitors and they are NOT THE SAME...... AS A EXAMPLE: One of my jeweler colleagues once told me this. If you want to buy a car lets say you go to a Car Dealer who show you a 2013 Mercedes-Benz S-Class S550 VS 2013 Hyundai Equus -BOTH Black -4 door sedans with similar options. You look at both and test drive them. However you decide to buy the Hyundai, You love the way it looks and drives and the Price it's offered at. Can you then expect to go down the road to a Certified Mercedes Dealer and ask them to "confirm or Verify" your car is Exact as a Mercedes and worth Just as much? This is what a lot of people do they buy a Gorgeous diamond online and then go to a local Jeweler who didn't sell them the ring to "Verify what a Great deal they got" what do you think they will tell you or try and do?????when you ask their "OPINION" on your Deal"?
Going back to the certificates, ALL LABS use different Grading systems and diamond grading for mainly color and clarity is done at every laboratory not with machines but by the human eye. THEREFORE IT IS SUBJECTIVE. This is where they vary, and each Certificate even GIA will not offer any warranty as to their grading. ALL CERTIFICATED INCLUDE A DISCLAIMER ON THE GIA CERTIFICATE WHICH STATES " THIS REPORT IS NOT A GUARANTEE OR VALUATION" " IT is the Lab's "Opinion" which is SUBJECTIVE and Vary depending on persons, training, eyes, and techniques and equipment used at the time of grading, lighting and many other factors.
4. A diamond Certificate can be compared to a "Birth Certificate" of a Diamond stating Details about the Diamonds 4 C's
5. A certificate alone will not describe how beautiful or ugly the diamond is in reality. Nor will it tell you if it sparkles ,No matter who certified it..... ONLY your eye can determine that FACT! Therefore that is why I offer the 3-Day inspection period from delivery to you, on any item I ship out. This will give you the opportunity to see it for yourself and make your own decision if you love it or not . Two diamonds with the exact details can still look different and be prices differently and THERE ARE NO TWO DIAMONDS THAT ARE IDENTICAL .