Feminine Buzz

You’ve been told that having a certificate or a diamond grading report is important, and as a responsible consumer, you get one – unfortunately, you probably won’t understand a word of what is on that diamond grading report, unless you are a jeweler.

On the color grading scale, D, E, and F mean that the diamond has no color. G, H, and I means that it has very little color. J, K, and L means that the diamond has a slight yellow color. P, Q, R, S, T, U, V, W, and X means that the diamond is a darker shade of yellow. Z means that the diamond has a fancy color – other than white or yellow. On the color grading scale, D is the most valuable, and X is the least valuable – however diamonds that get a Z rating are the rarest and most expensive diamonds in the world.

There are many aspects to a grading report. Figuring it all out can be very confusing. You should talk to a jeweler you trust, and have them explain everything on the diamond grading report to you.

There are many different types of manicure tables. Some tables are fairly basic. These tables usually have a metal frame with a laminate top. They sometimes have wheels on the bottom to make room redecorating a little easier. There are also plastic manicure tables, complete with attached chairs. I’ve even seen some plastic manicure tables made to look antiqued like faux stone. These types of tables are similar to those huge faux concrete flower pots. You’ve seen the ones that look really heavy, but then you go to pick them up and they are plastic and very lightweight.

In some fancier nail salons, I have seen the use of antique furniture as manicure tables. The furniture could have been a desk, or perhaps a dresser of some sort. Sometimes the top has been refinished with a stain. I have also seen these types of manicure tables with stone on the top, such as marble or granite.

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Argye mine located in the Kimberley region in the far north east of Western Australia. Owned by Rio Tinto, this mine is the world’s largest single producer of volume of diamonds. However, due to low proportion of gem quality diamonds it is not the value leader. It does produce 90-95% of the world’s supply of pink diamonds.

Diavik is also owned by Rio Tinto, located in Canada it is a very large mine. It is located north of Yellowknife and south of the Artic Circle on an island. The island is connected by an ice road. It is also an important part of the regions economy employing more than 700 people and producing more than 8 million carats annually.

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Diamonds are graded for certification by laboratories using grading criteria. Four of these criteria are critical to understand when making a diamond purchase or investment. Known as the “Four C’s”, these criteria are: color, cut, clarity and carat.

Color is the result of the composition of a diamond and it does not change. When a jeweler is describing the color of a diamond they are referring to the presence or absence of color in white diamonds. Because a diamond with no color allows maximum light to pass through, colorless diamonds are preferred for their sparkle.

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Pricing most products is quite easy. Determine how much it costs to make the item, how much it costs to market that item, and then mark it up by 15 – 30% or more. Simple, right? Well, pricing diamonds isn’t quite that simple. There are many factors that are considered when diamonds are priced.

Diamond prices are determined first by adding the cost of the rough diamond, the cost of cutting the diamond, and all other
costs necessary to turn the rough diamond into a marketable diamond. Depending on the importance of the diamond, an
independent company may be called in to certify the grade of the diamond based on color, cut, clarity, and weight.

At this point, the diamond becomes more expensive each time it changes hands, until it finally reaches a retailer, where the price is raised a bit more. Before reaching the retailer, however, the diamond must travel from the mine, to the cutter and polisher, to the independent grading company, and then to the Primary market. Once it has reached the primary market, it will be purchased by diamond dealers and wholesalers, and from there it will be sold to retailers.

As you can see, the earlier you can purchase a diamond in the process, the lower the cost of the diamond will be – but not the value. The value is based on what the diamond will sell for in the market place ?through a retailer.

If you own a diamond, and you have no idea how much it is worth, you can have it appraised, but the appraisal may not be
accurate. You will be better off obtaining a certificate through GIA – Gemological Institute of America. With the information on this certificate, you can use a cutter?s guide to accurately determine what your diamond is worth.

There are also many diamond price calculators available. These can be found on the Internet, and many diamond dealers
use these as well. You must realize, however, that before you can accurately price a diamond, without a Diamond Grade Report, you need to know quite a bit about diamonds, such as different cuts, clarity, color, and weight – and how each of those aspects adds to the value of a diamond, or decreases the value of the diamond as the case may be.

Again, you will be better off if you get a Diamond Grading Report on the diamond, and use that information to look up the price in one of the guides that the diamond cutting industry uses. This will give you the most accurate value of the diamond in your possession, or of the diamond you are considering purchasing.