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Diamond Scams
 

When it comes to diamonds, scams occur just because most people who buy diamonds do not have much knowledge about diamonds. So they are easily fooled. The most common scam in jewelry stores is the Carat Total Weight scam. It tags a piece of jewelry that is usually a ring and stating the total carat weight of all diamonds in the piece instead of separately for each diamond. Also, jewelry stores are allowed to round off diamond weights. If the jeweler tells you that it is a ¾ carat diamond, it is probably between ½ and ¾ carat – but closer to ¾.

Often you can see jewelry stores run ‘fluorescence’ scams to varying degrees and referring to a diamond as a blue-white diamond is such a scam. A blue-white diamond is of lesser quality. Diamonds are shown in bright lights that make diamonds shine. Remember to view the diamond in darker type of lighting as well. Target those who want appraisals on diamonds that were given to them as gifts. They will try to tell you that the diamond is worthless and offer to trade it for a better diamond. This is called low balling. A dirty trick is to switch the diamond paid with one of lesser quality and value when you leave it to be set in a piece of jewelry, or leave a diamond ring to be sized. Just use your best judgment with the utmost care and consideration.