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Are Diamonds Really Rare?

by rdokoye

When you walk into a jewellery store and see all the diamonds in
all of the various settings that are for sale, it is difficult to
realize that diamonds are indeed rare. Most people don't even
stop to consider how that diamond came to be sitting in that
jeweller's case! There is quite a bit of work that is done before
a diamond is ready to sell to the general public!

For every one million diamonds that are mined, only one will be
found that is a quality one caret diamond. In order to find a two
caret diamond, about five million diamonds must be mined. More
than two hundred tons of ore must be mined to find one small
diamond, and even then, more than 80% of the diamonds that are
mined are only good for industrial use, such as diamond drill
bits.

So, the next time you visit your local jewellery store, ask to
see the one carat diamonds. You should look at this diamond with
new appreciation - knowing that it truly is one in a million!

Bonded Diamonds

Before you start shopping for diamonds, consider dealing with a
bonded jeweller. 
Bonded jewellers sell bonded diamonds, and there are very few
bonded jewellers in the world. In fact, out of the entire
jeweller'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 jeweller and sell it back to him or
her, for a 100% refund. If a jeweller 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 jeweller will replace it with a new one -
one time. No jeweller 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
jeweller 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 jeweller in your area, but
if you can, this is who you want to deal with, as opposed to
dealing with an un-bonded jeweller. Specifically tell the
jeweller that you are only interested in bonded diamonds.  You
can find a bonded jeweller in your area by using various online
resources, or by calling the local jewellery stores.

Uchenna Ani-Okoye is an internet marketing advisor and co founder
of <a href="http://www.insightempire.com">Free Affiliate
Programs</a>

For more information and resource links on diamond visit: <a
href="http://www.insightempire.com/Diamond/">Diamond Pendants
</a>

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