Jun 20 2008

Where Diamonds are Mined

Published by under Diamonds

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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Jun 18 2008

Selecting Diamonds

Published by under Diamonds

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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Jun 16 2008

How Diamond Prices Are Determined

Published by under Diamonds

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.

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Jun 13 2008

All About the Clarity of Diamonds

Published by under Diamonds

Clarity is an important aspect of a diamond, and it is important to know how to grade the clarity of a diamond before you buy one. It is actually quite easy to learn how to grade the clarity of a diamond. There are basically two things that you must understand:

Diamonds with visual inclusions and blemishes, and those that are “eye clean”, meaning that there are no inclusions or blemishes that can be seen with the naked eye. From there, the clarity of a diamond is further broken down into subcategories.

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Jun 11 2008

Destination Wedding Bridal Accessories

Published by under Wedding

If you are planning a destination wedding, you will need some bridal accessories to spruce up the occasion. Most people who plan destinations have just a few family members and a few friends come along. Your bridal accessories for this type of wedding will depend on the area you are going to and what type of wedding you are planning on having while you are there. Most people plan a destination wedding to get away from the traditional wedding and all the commotion. You will still want a few things to make the destination wedding unique.

If you plan a destination wedding and you are wondering what bridal accessories you might need, it will depend on what you will have for a wedding. For instance, a Jamaican wedding might include tropical clothing, lingerie and a small cake, which is usually figured in the wedding package along with the room and the small reception dinner. There really is not any other bridal accessories you will need. If you want to announce your wedding, you could send out wedding announcement to inform friends and family of the upcoming nuptials at a wedding destination of your choice. This is a great way to tell people about your wedding even if they cannot be there.

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