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SELLING YOUR RING ON CONSIGNMENT Do you desire to part with your old jewelry like earrings, necklaces or an engagement ring? Would you like to consider some of the best ways to sell your diamond and jewelry? Consignment is a very good option but it requires a close study before you go for it. This article aims to explicate on what consignment is all about. HOW CONSIGNMENT OPERATES Consignment refers to a situation whereby a diamond and jewelry consignment shop showcases your piece in their shop as part of their inventory for an agreed price. A percentage of 10%–30% is deducted by them once the item is sold. Before you finally agree to sell your ring on consignment make sure you are clear on the following: The minimum price, additional fees, the exact Percentage of commission they charge, the mode and time of payment and what will happen if your jewelry could not be sold. BENEFITS OF SELLING DIAMONDS AND JEWELRY ON CONSIGNMENT • You make more money by selling your ring on consignment. The consignment shop only gets to take a pre-negotiated percentage of the sale. • Consignment brings you closer to buyers who seek jewelry and are willing to buy at a reasonable retail price. TIPS FOR SELLING DIAMOND JEWELRY ON CONSIGNMENT In a consignment plan, the owner gets to retain ownership of his/her ring until it’s actually sold. Therefore you have to be responsible for protecting your jewelry. The following are tips on how to make Consignment of your diamond jewelry safer. 1) It is very good to confirm your state’s consignment laws before going into a consignment agreement. This is to ensure you are aware of your legal rights and responsibilities. 2) You must ensure you check out the background of a consignment shop before consigning your work with them. Your research should include the care they render to items in their shop, do they display items attractively? Do they have similar items to yours? Is the consignment shop attractive? Is the consignment shop accessible? All these questions have to be answered because in consignment you need to be very careful. 3) Do not consign much jewelry if it’s your first time of consignment in a consignment shop. Start with just a few pieces until you are certain that the consignment relationship will be a successful one. 4) make sure the consignment deal is backed legally and supervised by your attorney. Do make sure the contract spells out what is expected of you (artist) and the consignment shop. 5) Consign your ring with consignment shops that are experienced. This is necessary in order to avoid doing business with bad owners of consignment shops. If it’s a new store it’s advisable to consign just a little. 6) Keep good records of diamonds jewelry you have consigned. The record should include when you delivered the jewelry, the duration for the period of consignment, the retail selling price, etc. 7) Do make sure you check in on the consignment shop regularly to check the state of your Jewelry. Also, make sure you develop a good relationship with the shop owner. 8) Have a specific time limit set for the consignment shop to sell your ring and have it stated in the contract. If by chance your ring is unsold at the stipulated time, have it returned back to you? You gain nothing by having it stay longer at the consignment shop unsold. 9) Consult your Insurance agent on your consignment deal on additional insurance coverage on your diamond jewelry. The insurance should include loss, theft, damage, liability etc. In conclusion, selling the ring on consignment involves both risks and rewards. Successful consignment deals involve selecting the right consignment shop for your diamond jewelry, keeping detailed records of your arrangements with the consignment shop; involve a consignment contract and insuring yourself alongside your jewelry from possible risks.

The Diamond Jewelry

Diamonds, as we know, is the queen of all precious gemstones. It is recognized for its own impeccable nature and is exceptional. Diamonds come with a vast color range along with a really low reactivity towards chemical substances. It is also an excellent conductor of heat and insulator of electricity. The shimmering diamond is simply another type of dark carbon. Diamonds can be bought in more shapes and styles than any other gemstone. “Carat” is the unit to determine the weight and size of a diamond. The concluding factors while buying diamond jewelry are its carat, clarity, cut and color. A number of widely used diamond settings are bezels, cuts, chevrons, chanels , paves and prongs. Diamond jewelry is among the most expensive types of jewelry. Diamond jewelry, especially diamond engagement rings, are unending preferred stones. A diamond solitaire necklace is an enviable and widely used jewelry gift. Diamonds put into gold are sought after all over the globe. Diamonds when in platinum settings, they make an awesome combination, though they can be pretty expensive. The pearl-diamond duo is an impression of elegance. Diamonds in white gold settings are increasingly becoming popular with the coming generations. Bracelets with diamonds embossed in them are unforgettable gift items. However, diamonds aren’t are the Earth’s toughest materials, one hard hit can cause one to break. Therefore, diamond jewelry ought not to be worn in the course of heavy activities. Diamond jewelry is usually best maintained by cleaning it with a delicate brush using water and a small amount of ammonia. Diamond jewelry could be properly protected from scratches if they are kept in their original velvet boxes whenever they are not being worn. Tips to Consider before Buying a Diamond Jewelry
  • The setting of the gemstones in the jewelry. Even though this does not particularly have an effect on the quality of the gems worth, it is an important aspect to consider when purchasing the jewelry.
  • The cut of the diamond or any other gemstone. A diamonds cut simply means its shape and its facets. The more complicated a diamond’s shape is, the much more features it will have, and then the more remarkable the diamond will likely be. The more remarkable a diamond is, the more expensive it is.
  • The carat of the diamond gemstone. A diamond’s carat is directly proportional to its own density and it is determined by the diamond’s weight. A single diamond carat is two hundred milligrams. Take into account on the other hand that the clarity is over the carat in figuring a diamonds price.
  • The worth of the gemstone. A diamond’s value is mainly determined by their color and their clarity. It is quite noticeable that a majority of diamonds are clear ones while color diamonds are rarely seen and so, colored diamonds being uncommon are more expensive than clear ones. Clarity is determined by the flawlessness of the precious diamond gem’s flaws. The less the faults found in the gem, the more valuable it is.
  • The lock of the diamond jewelry. This point is among one of a high concern. A bracelets lock is what secures it while it is worn on your wrist and so it really is important that a jewelry with a quality lock is to be considered. The perfect jewelry locks are those which are thick and examined not to be opened so easily.
Diamond Jewelry The fact is that , you can easily learn a diamond’s history just by knowing its type . The reason being that when diamonds are primarily forming specific elemental atoms – mostly nitrogen, might alternate carbon atoms inside the crystal lattice. Later on, those atoms are going to move within the structure, usually clustering with each other. These types of chemical impurities and structural anomalies are not detectable with our bare eyes, however, they have an effect on the diamonds’ color and physical appearance. What is considered more strange about the classification system is that just one stone can in fact be allocated multiple Diamond types . Once experts, such as those at the Gemological Institute of America, decide what a stone’s true classification is, they will mark its type on the certificate. Precisely how is this facts related to you as a diamond buyer? Shockingly , those tiny traces of nitrogen could convert to a huge value difference . Diamond gemstones are a substantial investment, and also as their kind is directly relevant to their value, it is actually important to learn how to distinguish the classifications. Types of Diamonds Type Ia Diamonds: They are the type of diamonds that radiates a Yellowish hue because they consist of Nitrogen in large clusters. Type IIa Diamonds: They are the rarest and valuable type of diamonds. They contain little or no nitrogen within their crystals lattice, so they tend to absorb short-wave light easily. An example of this diamond is the Hope Diamond. Type Ib Diamonds: They are uncommon compared to Type Ia. They contain single nitrogen atoms instead of clusters in their crystal lattice. An example is a diamond that contains Yellowish Green tone. Type IIb Diamonds: They lack Nitrogen atom within their crystal lattice. They are extremely rare which makes them highly valuable.
Expensive jewlery

The Most Expensive Pieces Of Jewellery In The World

Precious jewels are a substance that has been invested in by many for hundreds of years. Even today, there are people all over the world that would kill for a small rock worth millions of dollars. In this article, we have listed out some of these very expensive pieces of jewellery.   1: PRINCESS DIANA’S ENGAGEMENT RING: Princess Diana was and is still an iconic person beloved by people all over the globe. Her engagement ring, a huge sapphire set in diamonds, is again an iconic piece of jewellery for it was personally chosen by her, perhaps because sapphire is always her gem of choice, or perhaps it reminded her of her mother’s engagement ring, there are hundreds of speculations. The ring has now been handed down to Princess Catherine who was gifted the same by Princess William on their engagement. Today the ring is valued at over 38,488 dollars. 2: THE BRIOLETTE DIAMOND NECKLACE: This necklace has a centrepiece that is a stunning briolette diamond that weighs over 75 carats and also has smaller marquise diamond attached to it. It further has smaller briolette diamonds as well, all set on a chain made of white gold. The chain itself weighs over 18 carats and its length can be adjusted. Today the necklace is one of the most expensive pieces of jewellery in the world and has an estimated worth of over 11.1 million.     3: WALLIS SIMPSON’S PANTHER BRACELET: Shaped like a panther and studded with diamonds and onyxes, the Duchess of Windsor, Wallis Simpson’s Panther bracelet was designed by Cartier Paris in 1952. Despite some of its stones missing, the bracelet was auctioned out for over 12.4 million dollars which is almost thrice its original value. Today it said that the coveted bracelet is owned by Madonna who had directed a film about Simpson. 4: HEART OF THE OCEAN: The heart of the ocean is perhaps one of the most popular and recognised pieces of jewellery in the world today. A replica of the beautiful jewel that made its appearance in the movie Titanic, it was worn by Gloria Stuart who played the elderly Rose in the movie, to the 1998 Academy awards. Created by an acclaimed jeweller, Harry Winston, the necklace features an original blue diamond worth over 15 carats. Today it is priced at just around 20 million and is among the world’s most expensive necklaces ever. Even imitations of the same cost around 3.5 million due to its popularity.

Diamonds: Knowing the Basics Part II

We would like to thank you for showing an interest in reading our blog. In this article we have looked at the other 2C’s and have added some money saving tips in there as well. Without further ado; let’s kick things off. 3. Carat The one thing that most people will keep their eye out for is the carat value of the diamond. But what people don’t know is what a carat represents. A carat is the weight of the diamond where one carat refers to 200 milligram units. A single carat in itself is divided into 100 units. So for example if the carat of the diamond that you are looking into is 0.50 carat; what that means is that the diamond that you are looking at is a 50 pointer. The carat determines the price of the diamond but not the quality to a great extent. Larger diamonds will have a higher carat value, but that doesn’t mean they are of better quality. If anything, larger diamonds are prone to more flaws and blemishes and thus one of the major reasons why smaller diamonds are preferred and valued more.   carat   4. Cut We have saved the most important factor as the last one. The cut is by far the most critical factor that needs to be taken into account when purchasing a diamond. The cut is the only man-made change to the diamond. A poorly cut diamond can cost merchants thousands of dollars because a poorly cut diamond loses its reflective properties. The reflective properties result in the sparkle that is seen when light falls on it. This sparkle is often referred to as the fire of a diamond. Expert cutters take the utmost care to cut diamonds to retain its reflective properties. The cut is also the only factor that can greatly alter the other three factors and essentially influence the whole value of the diamond. A poorly cut diamond will not have great value and if you by any chance come across a poorly cut diamond, then move past it. Because other factor mistakes will not influence the selling price of a diamond as much as a poorly cut diamond.   The biggest money saver beyond these 4C’s is the shape of the diamond. You can save a lot of money by taking into account the 4C’s and then quickly lose your leverage by asking for a round or princess cut diamond. What we suggest is to go for an oval-shaped diamond and enjoy the 20-40% money that you’ll be saving.
hand picked

Diamonds: Knowing the Basics Part I

Buying a diamond is a massive investment that you are making, and you need to make the right decision when choosing the diamond. Here are some of the basic mistakes that people make while picking out diamonds. Before we get into the discussion on what not to do; let’s talk about something that you need to be doing. You need to understand the 4C’s before you finalise on the diamond; every seller is going to try to pull a fast one on you and push a poor quality diamond. The 4C’s are carat, colour, cut and clarity. We will go over each of these essential parameters and look at what can be done to make your big decision as easy as possible. 1. Clarity Let’s start things off with something easy. By now you should know that diamonds are formed under the surface of the earth where the carbon is subjected to huge amounts of pressure. What this pressure sometimes does is that it leads to some flaws appearing on the surface of the gemstone. So when you are looking at a diamond in a showroom; make sure you get the data on the diamond. If the information has FL written on it, then that means that the diamond is void of flaws; otherwise, there will mention the type of defects present in it. So when a merchant is trying to pull a fast one and push across a poor quality diamond, you will be aware that it is not value for money.   Prioritize-the-Diamond-4Cs   2. Colour So the diamond that you are looking at is good, and there are no flaws. Now we move on to the second step; understanding the colour of the diamond. The best diamonds have a colour grade of D. The grades go from D to Z and D grade diamonds are the best of the lot. Colourless diamonds are what you are looking for especially if you are going to shelling out big bucks for them. It is common practice to hear diamond merchants say stuff like the pink or the blue diamond is the best one here. They are just trying to push coloured diamonds to unsuspecting customers who only realise that they have been taken for a ride when they try to sell their diamond at a later stage. We have discussed two out of the 4C’s; check out our other article that explains the other 2C’s.

 They provide great customer service as well the best value for money on the market.

Jenny Clark, NY

I recently purchased a coloured diamond from them but there was some unforeseen event, and I needed it to be replaced; their warranty policy is fabulous.

John Doe, NY


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