How to Spot A Fake Diamond

In this world of advanced technology it is
almost impossible to simply look at a
diamond and determine whether it is real or
not – especially if you don’t know much
about diamonds. There are some steps that
you can take to avoid buying a fake diamond,
however.

First, only deal with reputable jewelers, and
when you find a reputable jeweler, stick with
them. Avoid buying diamonds or other
jewelry from jewelers that you have never
dealt with before in the past. Ask to see the
certificate for the stone. If no certificate exists,
walk away.

Look at the setting that the stone is in. Fake
diamonds, such as zirconias, are usually set
in low quality metals. Take a close look at the
stone. Fake diamonds are not durable –
natural diamonds, on the other hand, are the
most durable stone on the planet. Look for
scratches or nicks.

After purchasing a diamond, take it to
another jeweler for appraisal. In fact, take it
to two or three other jewelers for an appraisal
to make sure that the appraisals are all fairly
close. If you find that you have purchased a
fake diamond, you may be accused of
making a switch when you return to the store
of your purchase; therefore, it is important to
have a certificate for the diamond. No two
stones are alike.Insuring a diamond takes a bit of thought,
planning, and shopping around. Diamond
insurance isn’t like purchasing car insurance.
It is quite different. Depending on the state
that you live in, there are basically three
different types of policies that will cover

The first type of insurance policies for
diamonds is an Actual Cash Value policy.
If the diamond is lost or damaged beyond
repair, the insurance company will replace
the diamond at today’s market value, no
matter how much you paid for the diamond
to begin with. This type of insurance policy
for diamonds actually is not that common.

diamonds, and all insurance policies that
cover diamonds are considered Marine
type policies.The most common type of insurance for
diamonds is Replacement Value insurance.
The insurance company will only pay up to a
fixed amount to replace the diamond that was
lost or damaged beyond repair. This does not
mean that they will pay that amount – it means
 that they will pay up to that amount. In most
cases, the diamond can be replaced at a
lower cost.

The third type of coverage offered for
diamonds is Agreed Value. This is
sometimes called ‘Valued At.’ This type of
coverage is very rare. In the event that the
diamond is lost or damaged beyond repair,
 the insurance company simply pays you the
amount that you and the company agreed
upon. This is the best type of insurance to
have, but it is rarely offered. If you can’t get
Agreed Value coverage, Actual Cash Value
coverage should be your next choice.

Your rates will be determined by the value of
the diamond, the type of coverage that you
select, and the area that you live in. If you live
in an area with a high crime rate, you can
expect to pay more for your diamond
insurance coverage. It is important to
remember that insurance agents are not
qualified jewelers, and jewelers are not
qualified insurance agents. It is best to get
a certificate for your diamond, and to
provide the insurance company with a copy
of that certificate. This leaves the insurance
company less room for arguments over the
actual value of the diamond.

Don’t rely on separate coverage to cover
your diamond. For instance, if you diamond
is stolen from your home, it is probably
covered on your home owner’s insurance
policy – but the diamond probably won’t
always be in your home, and once it leaves
your home, there is no coverage.

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