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Things Remember When Buying Diamonds Or Gold
As for gems and diamonds, they can be mined naturally, created in a laboratory, or imitated.
by Carl Hampton 10/09/2006

Your mother wants a 24 karat gold ring, your brother would like a pair of 5 carat princess cut diamond earrings. Did you know there was a difference between karats and carats?

Carat is the term used for the measurement of gemstones and Karats is the term used for the weight of gold. The first part is easy, the higher the carat or karat, the higher the portion of the gold or gem you are getting with means the more you pay.

Gold is really simple to understand, the higher the Karat value the more gold you get. If you purchase a 24 karat ring it will have more gold content than a 14 karat gold ring. However you should think about the use of the item before buying. If it is something that will get a lot of wear and tear maybe you should be thinking of buying a 14 karat item where the gold is a usually mixed with other metals to create hardness.

As for gems and diamonds, they can be mined naturally, created in a laboratory, or imitated. The stones that are created in a laboratory look almost identical to those that are natural. T he naturally mined stones can come treated or untreated. If the mined stone is treated, it can affect the appearance and some treatments are permanent and could require special care. The main difference between the laboratory and natural stone is that the laboratory created stones are normally a lot less expensive.

Diamonds have their own set of vocabulary. In the diamond world there are the 4 C's: cut, color, clarity, and carat. The “cut” would seem obvious but it also refers to the size, angle, and polish. The “color” is sometimes on a scale that is graded and these can be confusing. Clarity is very simple to understand, it refers to whether the stone is flawed or not. If you can see scratches on the inside or outside then it's clarity is not that good. Finally we get to what we know the most about and that's the carat value of the gem. Carats is the weight of the stone and can be described in either decimal or fractional parts.

Your mother knew best and she didn't lie to you when she told you to shop around for the best deal. You should always compare prices, quality and ultimately customer service (i.e. warranty, insurance, etc.). The retail mark up price on Gold and Diamonds is never less than 400% so never buy at the marked price. Offer half the marked price, be nice but walk away if you don't get what you want, most of the time they will come down to where you want them. Inquire about the refund and return policy before you purchase anything. When ordering on line, print out everything. You can also check the status of a company with the Better Business Bureau.

Have an opinion or a question you would like me to answer, then write me!

http://www.CarlHampton.com


“Your” Money Matters By Carl Hampton
From the Author of “From Credit Despair To Credit Millionaire



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