Diamond Scams and Tricks
Diamond Scams and Tricks
For most people, diamonds and diamond jewelry are things that they will rarely purchase in their life times - they might literally make just a handful of purchases over their entire lives. In contrast, diamond sellers are often more experienced, and have sold many diamonds during their careers.
This difference in experience, and in the associated knowledge of diamonds, means that buyers may get poor deals, or even that an unscrupulous seller may be able to take advantage of a less knowledgeable buyer.
Additionally, since diamonds are relatively expensive items, as with any type transaction that involves significant amounts of money, there is a potential attraction for the downright dishonest and even criminals to try to get their hands on that money by dishonest means.
Of course, it's also true that there are very many honest diamond sellers and jewellers. It is not always easy to tell who is honest and who might be less honest, but as a general rule of thumb it is probably mostly true, that long-established businesses that have built-up a good reputation, are more likely to be amoung the honest. And, in contrast, also be aware, that if a deal sounds too good to be true, it probably is!
Diamond Sales Tricks
Every business wants to present its products in the best possible light, and sometimes businesses use tactics which might be misleading, or which at least allow the customer to mislead themselves. Here are some examples:
Beyond the "tricks" we have discussed already, there are also some people involved in the diamond trade who will resort to outright dishonesty, fraud, and theft. Here are a few common scams to watch out for:
There are some less than honest people in most walks of life, and sadly that includes in the jewelry and gemstone industries. However, a little knowledge, and being cautious, can greatly reduce the chances of such people tricking or scamming you.
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