08.30.07
Secret to finding wholesale Diamonds
Frustration with search for Current Diamond Prices
If you look on the internet and do a search for wholesale diamonds or discount diamonds you end up finding quite a lot of spam or websites hiding their own agenda within somewhat informative material. I began to pull my hair out trying to find a purely informative diamond site that had no alternative marketing agenda.
So what did I find out after searching through the first 10 pages of Google search results for diamonds?
I was able to find craigslist advertisements for some people who were recently engaged and now need to get rid of their diamond ring. This was helpful information but there was still a small problem. The guarantee that you are getting a legitimate quality diamond ring is sketchy at best. As far as you know the craigslist seller could have put a low grade diamond in the ring while claiming it is a certified quality diamond.
In order to get around a possible scam I filtered through to those rings that have a GIA certified slip with the diamond. There of course is still the possibility that a switch was made and they are just giving you the GIA certificate of the diamond they are now keeping for themselves.
The secret when buying diamonds from a regular Joe off of Craigslist
Then I ran across a policy that many legit diamond stores offer. The policy goes something like this, “You may return your ring at anytime for a ring of 20% or greater value.” This means you could potentially buy a GIA certified deeply discounted diamond ring along with keeping the previous owner’s receipt from the diamond store they bought it at and exchange it for a more expensive ring. That means you could buy a .75 karat diamond ring for $2,000 off what they paid for it and exchange it for a 1 Karat diamond solitaire ring probably around the cost of the .75 karat diamond ring. You can do this simply because you bought it from someone with an “I don’t want it anymore syndrome” attitude. They just had their engagement broken off and they don’t want the memory of, just being rejected, by a very expensive ring sitting on their dresser. If they can sell it to someone at a $2,000 loss they will do it.