Bonded Diamonds
You might consider dealing with a bonded jeweler before you venture out to start shopping for diamonds. There are very few bonded jewelers in the world, and these people only sell bonded diamonds. The fact is that out of all the jewelers in the world, only 5% of them are bonded jewelers. It is more expensive to buy a bonded diamond than a non-bonded diamond, but you can avail other benefits with the bonded option, which is why it is worth the extra expense.
In the case of bonded diamonds you can avail a life time buy-back policy on the diamondÂ’s value. You can get a 100% refund from the bonded jeweler by selling the diamond irrespective of the length of time you possessed the diamond. You should examine the diamond closely if the bonded jeweler does not provide you with a 100% buy back guarantee for the life of the diamond.
With bonded diamonds, there is also a breakage policy. The bonded jeweler can replace the diamond with a new one if it chips or breaks. The offer of such a policy should put your doubts about the diamond to rest because no other jeweler would ever offer such a policy on a stone that is not 100% natural. Bonded diamonds are untreated and natural diamonds.
The value of bonded diamonds can increase in accordance with a fixed appreciation rate which will keep up with the rate of inflation. This implies that with the rise in the diamond price in the future, it can become more valuable with the passage of time than what it is worth today. This typically only applies to trade-ins, however, and not to buy-backs.
You can also be protected against a market crash if you prefer to buy a bonded diamond. The value of diamonds will come down when the market crashes. In such a case, the bonded jeweler should refund you the difference between the amount paid for the diamond before the market crash and its value as of that date.
Although it may be quite difficult to locate a bonded jeweler in your locality, you should take the effort to find a bonded jeweler as opposed to dealing with an un-bonded jeweler. You must clearly communicate to him or her that you require only bonded diamonds. By calling the local jewelry stores or using online resources you can easily find a bonded jeweler in your area.
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