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| LET'S GET IT STARTED #19 | Rate Topic |
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| Posted: Tue Oct 11th, 2005 01:18 pm |
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1st Post |
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CHEEPS 3T WIS 
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LET'S GET IT STARTED #19 I did a little google search trying to get a better understanding of the diamond market as it applies to watches, etc. First thing I found was THIS: http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&rd=1&item=5013162042&ssPageName=STRK:MEWA:IT If my math is correct that means you would pay $84.50 for 1.5 carats of these loose stones, correct? I obviously found an entire jungle out there as it concerns diamonds in general. If you think the watch business is convoluted and suspicious....then you DO NOT want to venture forth into the precious jewels market at all! The basic results I concluded are: 1.) It is a scam game from start to finish. (or is certainly suspect most of the time!) 2.) To avoid the scams there are 3 major grading/certification organizations which educate and issue certification for individuals and the diamonds themselves in an attempt to bring credibility and a set of standards to the purchasing of diamonds, etc. 3.) You simply have to be cautious in all deals involving diamonds. Very few people can either identify or give credibility to these stones as regards quality and value. Those having the education and skills are duly compensated. The necessity for grading and evaluating stones adds cost to every carat obviously, and that is why many "users" do not opt to issue ANY verifiable statistics re. "the four "c"s ... 4.) There are numerous assertions and claims made for items utilizing diamonds, and the simple fact that 99% of the average consuming buyer can't/won't ever be able to verify these assertions allows the users/manufacturers to feel comfortable boasting quality claims which are simply erroneous and false. 5.) The 3 major grading/certification organizations have turned to education/certification into a income producing business. If you happen to be a salesman in a mall jewelry store, and have no formal education, experience or knowledge of the diamond business, you can take educational on line classes involving minimal time, and receive various "levels" of certification (For a fee of course). i.e.: JCP LINK http://www.gia.edu/education/24274/accredited_jewelry_professional.cfm I knew I was post dumb about diamonds and jewelry in general, but until this revelation I was not afraid, just a tad wary during the exchange of MY money for THEIR diamonds. Now I am just simply too confused to risk any substantial dollars for anything in this industry which I cannot discern the real quality of! I will be having any diamond claims verified and certified before I buy ! Let the buyer beware! I forgot what I "STARTED" this post for.............it was not about diamonds. ???????:? Oh well............. They say the memory is the second thing to go in old age. CHEEPS:dude: VOTE FOR DELIAR
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| Posted: Tue Oct 11th, 2005 05:59 pm |
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2nd Post |
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RandyG 3T WIS 
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To give another example, I had a watch made in HK. It was a tourbillion. I had a choice of 1ct of CZ or 1ct of Russian cut diamonds. They are 1pt which is the same size as Invicta, Croton and others use. The funny part was their was only a $30 difference in price. I took the diamonds. It just shows that the actual cost of these diamond chips is a lot less than most of us think. I'm sure most of the cost comes in the mounting of the stones. There is machinery that sets these stones now so even that is cheap.
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