Diamond Advertising and Sales - Weight Requirements
Are you in the business of selling diamonds and gemstones? Are you aware of the requirements placed on those who advertise or sell diamonds and gemstones? According to the Federal Trade Commission (FTC), you must be sure to accurately describe the item you advertise or sell. For example, a diamond described in decimal points of a carat must be accurate to the last decimal place. A diamond represented as .30 carat should weigh between .295 and .304 carats. If you describe it with only one decimal place, such as .5 carat, it should weigh between .495 and .504 carats. If you describe the diamond weight in fractions, such as ½ carat, then the weight should be between .47 and .54 carats. Further, any advertisement must include the disclaimer that advertised weights are not exact, and disclose the range of weights within that fraction.
Insuring your diamond is not quite like insuring other items that you own, but as when shopping for auto or home owners insurance, shop around and compare.
Diamond insurance may also vary depending on where you live.
Three types of diamond insurance:
1. Actual cash value policy for diamonds
This type of policy will replace your diamond at the current market value, despite what you may have paid for your diamond at the time of purchase. Needless to say, this type of policy for insuring diamonds is rare.
2. Agreed value policy for diamonds
The first wave of gem-quality manufactured diamonds hit the market late in 2003. Man-made diamonds is nothing new and the technology has been available since the mid 19th century. Small diamond crystals were created for industrial purposes such as grinding wheels, drill bits and saw blades. What is new is that a Florida based company can now produce rough 3-carat gem-quality diamonds 24 hours a day, seven days a week, at a cost of less than $100 dollars.
Sapphire is a highly precious gemstone which is the single-crystal form of aluminum oxide, a mineral known as corundum. Gemstone enthusiasts favor the sapphire for its brilliant and magnificent colors, constancy and durability. Being in the corundum group, the sapphire has excellent hardness which is exceeded only by the diamond. It is worth mentioning that the diamond is the world’s hardest stone!
The early people of the world believed that the Earth was embedded in a huge blue sapphire firmament which may explain why blue is associated with anything long term like friendship and feelings. Many women prefer sapphire rings for engagement because sapphire symbolizes love, longing and loyalty.
The first wave of gem-quality manufactured diamonds hit the market late in 2003. Man-made diamonds is nothing new and the technology has been available since the mid 19th century. Small diamond crystals were created for industrial purposes such as grinding wheels, drill bits and saw blades. What is new is that a Florida based company can now produce rough 3-carat gem-quality diamonds 24 hours a day, seven days a week, at a cost of less than $100 dollars.
The first wave of gem-quality manufactured diamonds hit the market late in 2003. Man-made diamonds is nothing new and the technology has been available since the mid 19th century. Small diamond crystals were created for industrial purposes such as grinding wheels, drill bits and saw blades. What is new is that a Florida based company can now produce rough 3-carat gem-quality diamonds 24 hours a day, seven days a week, at a cost of less than $100 dollars.
Amethysts generally come in the color purple, and are used as an ornament. In fact, the Amethyst was one of the first gemstones that man used for jewelry. Ancient people believed that Amethysts have the power to prevent intoxication, protect travelers, assure victory and give business success to the wearer. The word “Amethyst” comes from the Greek “a” meaning “not” and ” methuskein” meaning “to intoxicate”. According to Greek myth, the goddess Diana turned a nymph into amethysts because Bacchus, the god of wine loved her which caused Diana to be jealous.
Diamonds like all gemstones are normally found as rough crystals or rolled pebbles. They must be cut and polished by professionals before being sold as jewellery or ornaments. These professionals are called lapidaries, and it is their job to make the diamond as attractive as possible without losing too much of the original weight of the stone.
The lapidary must know the exact properties of each stone being dressed before he or she commences cutting an polishing. These include hardness and dispersion, as well as any weaknesses such as cleavage spots. They must also look carefully for any flaws or inclusions in the diamond. It is vital that the end product has the stone orientated in such a way that it shows the best color of the stone and hides as many flaws as possible.
The emerald is one of the most beautiful, popular and highly prized gemstones in the world. These fascinating radiant green stones are used in top of the line jewelries. Some of the finest emeralds can even cost more than diamonds.
For many mystics and energy healers, emerald stones are believed to help heal relationships and good for the heart and one’s health. The beautiful green color is said to bring about harmony, love and joy of life. It is also the birthstone for the month of May.
In time when you make jewelry there might come a day that you need a diamond or many of them to make the piece you are trying to make. These stones can cost anywhere from $50 to a million dollars depending how big of a stone you are looking into buying.
When it comes to selecting a quality diamond there are four Cs that one needs to consider. Cut clarity, carat weight and color. All these are the most important things you will need to remember when buying a diamond. If you don’t remember this then you might by a piece that is not of worth of your money seeing that your money can buy you any stone. You should be able to have what your money is worth and nothing less.