appraisal

Princess Cut Diamonds Princess cut diamonds come in all diamond colors and clarities.  They are the second most popular cut shape for diamonds.  Coming second only to the round brilliant cut. Coming in the shape of either square or rectangular.  Princess cut diamonds have a profile or side shape that looks like a pyramid with four beveled sides. The princess cut diamond is a...

The obvious negative ramifications of over grading and misrepresenting diamond quality to hundreds of thousands of consumers are clear; the damage to the diamond industry by the establishment, acceptance and support of a culture that promotes systematic misrepresentation of diamond quality of the outright cheating of consumers destroy the diamond trade from within Accurately Grading Diamonds preserves the trade and keeps it ethical, which is the essential to good industry practice.

President and chief executive officer (CEO), as well as general counsel of the Jewelers Vigilance Committee (JVC), Cecelia Gardner, explains "if you hold yourself to be an expert, you are legally responsible for the opinion you render." She goes on to explain that sellers often times are willing to inflate value to conclude a deal or simply because gems and jewelry have emotional and historical value in addition to their intrinsic more, approximately 10 percent of complaints received at the Jewelers Vigilance Committee involved inflated or fraudulent appraisals.

Jewelry Retailers Jewelry retailers, Signet Jewelers, Zales, Costco, Sam’s Club, Target, and Wal-Mart are some of the biggest retail sellers in the country. Offering a large variety of products that range from hardware supplies to custom jewelry. Recently, sales have accounted for around than 10 percent of annual sales for most of these retail giants. Demonstrating a compelling force in...

 Understanding Diamond Appraisals When buying fine jewelry it is imperative that one has a knowledge of understanding diamond appraisals.  When you are buying diamonds and jewelry one can expect to receive an appraisal.  If a consumer is buying wholesale one should expect your appraisal to be at least 30% over what you paid.  For example, if a consumer paid $1000 for...