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Diamonds Articles

Where Diamonds Are Mined

(category: Diamonds, Word count: 467)
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Argye mine located in the Kimberley region

in the far north east of Western Australia.

Owned by Rio Tinto, this mine is the world's

largest single producer of volume of

diamonds. However, due to low proportion

of gem quality diamonds it is not the value

leader. It does produce 90-95% of the

world's supply of pink diamonds.

Diavik is also owned by Rio Tinto, located in

Canada it is a very large mine. It is located

north of Yellowknife and south of the Artic

Circle on an island. The island is connected

by an ice road. It is also an important part of

the regions economy employing more than

700 people and producing more than 8 million

carats annually.

Ekati diamond mine is owned by BHP

Billiton and located south of the artic circle

in the Northwest Territories of Canada.

The Ekati is Canada's first operational

diamond mine. Diamonds mined here

are sold under the Aurias trade name

Authenticity is verified through Canada

Mark service. CanadaMark service is also

owned by BHP Billiton Diamonds, Inc.

Baken diamond mine is located along the

lower Orange River in South Africa. It is

owned and operated by Trans Hex. The

average size stone for 2004 was 1.29

carats. In 2004, this mine produced a

78.9 carat D color flawless diamond that

sold for more than 1.8 million dollars (US),

as well as a 27.67 pink diamond that was

sold for over 1 million US dollars.

Merlin is the second of only two diamond

mines in Australia. No longer operating it

was owned by Rio Tinto and sold to Striker

Resources, who has explored the

possibilities of reopening the mine.

Orapa is the world's largest diamond mine.

It us located 240 Km west of

Francistown. The mine is owned by

"Debswana" which is a partnership

between DeBeers and the government of

Botswana. This mine operates 7 days a

week. It maintains pre primary and

primary schools for its employee's children.

There is also a 100 bed hospital and game

park. This mine began production in 1971

and is the oldest mine owned by the

Debswana Company.

The Premier mine located in Cullinan, South

Africa produced the largest gem diamond

ever in 1905. The Cullinan Diamond

weighed 3,106.75 carats. This mine also

produced the Golden Jubilee diamond

which weighed 545.67 carats. This mine is

owned by the De Beers Company and was

renamed The Cullinan Diamond Mine in

2003 in celebration of its centennial.

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Selecting Diamonds

(category: Diamonds, Word count: 459)
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Diamonds are graded for certification by

laboratories using grading criteria. Four of

these criteria are critical to understand when

making a diamond purchase or investment.

Known as the "Four C's" these criteria are:

color, cut, clarity and carat.

Color is the result of the composition of a

diamond and it does not change. When a

jeweler is describing the color of a diamond

they are referring to the presence or absence

of color in white diamonds. Because a

diamond with no color allows maximum light

to pass through, colorless diamonds are

preferred for their sparkle.

Cut refers to a diamonds reflective quality.

Most diamonds are cut with 58 facets. The

brilliance of diamonds is heavily dependent

on the cut. The different angles and the finish

of a diamond determine its ability to reflect

light and cause its brilliance and fire.

Remember that the cut of a diamond can

have an impact on its durability as well as its

beauty. Some cutting faults can make a

diamond prone to breakage. A diamond

that is cut too thin can also cause light to

leak out of the back and the diamond will

lose some of the sparkle and appear not

to shine. So, as you can see the Cut is

probably the most important of the Four C's.

During the formation process, inner flaws, or

inclusions occur in most diamonds. The

number and size of these inclusions

determine what is referred to as the clarity

of a diamond. Diamonds that are clear

create more brilliance and therefore are rarer

and highly priced. To be considered

"flawless", a diamond must have no surface

or internal imperfections visible upon being

viewed by a skilled diamond grader using

10 power magnifications.

Carat is the unit of weight by which diamonds

are measured. One carat is equal to 200

milligrams. A carat is divided into 100

segments called points. 150 points would

equal one and a half carats.

When you go to the store to make that all

important diamond purchase, do not be shy!

Ask questions, get the answers needed to

make an informed purchase. Shopping for

certified diamonds enables you to make an

informed selection. Knowing the "four C's"

allows you to comparison shop and purchase

the best diamond at a fair price. But, before

making a purchase, shop around and decide

what shapes and styles really appeal to you.

Enjoy your diamond for years to come!

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Buying Diamonds Online

(category: Diamonds, Word count: 510)
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With all of the potential for scams concerning

diamonds, buying diamonds online almost

seems unthinkable! However, you actually

can purchase diamonds online, without any

problems - as long as you are careful.

First, think about your reasons for wanting to

purchase the diamond online, as opposed to

making a purchase from a local jewelry store.

The most common reason is price. Due to

low overhead costs, online jewelers and

wholesalers are able to offer lower prices.

However, you must be careful - sometimes

a price that is too low is a sure indication of

a scam.

One of the best things about purchasing

online is the unlimited selection. When

shopping offline, you are limited to the

selection in the stores in your general area.

Online, there are no limits. But again, you

must use a great deal of care and

consideration before handing your money

over to someone that you cannot see and

have never met!

Before shopping, learn as much as you can

about diamonds - especially cut, color,

clarity and carat weights. When you are

knowledgeable about diamonds, it will be

harder for a con artist to rip you off. Once

you know more about diamonds, you will be

ready to start shopping.

Take your time. Don't purchase the first

diamond that you see that interests you.

Instead, look for similar diamonds for sale.

Do some comparison shopping to find the

lowest prices. Once you have found the

lowest price, start doing your investigation.

You know about diamonds, you've found a

diamond that you love, and you've found the

lowest price - but you are still quite a ways

away from actually purchasing that diamond!

Ask about the seller's credentials, such as

professional jewelry associations that they

belong to. View and print the seller's return,

refund, and upgrade policies. Also inquire

about additional services, such as settings

and mountings, sizing, and free shipping. Do

a search for customer reviews on this

particular company around the Internet. Also

check with the BBB Online to see if there have

been any complaints.

Ask for a diamond grading report from an

independent laboratory such as GIA, HRD,

EGL or AGS. You should see this before

making a purchase. Finally, use a reputable

escrow service for high dollar diamonds -

preferably one that will have the diamond

appraised while it is in their possession. The

seller sends the diamond to the escrow

service, and you send the money to pay for

the diamond to the escrow service. The

escrow service has the diamond appraised,

sends the diamond to you, and sends the

money to the seller. This is the surest way to

protect yourself...again, make sure that you

use a reputable escrow service!

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Insuring Your Diamonds

(category: Diamonds, Word count: 470)
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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

diamonds, and all insurance policies that

cover diamonds are considered Marine

type policies.

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.

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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About Diamond Weights

(category: Diamonds, Word count: 233)
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Diamonds are measured in Carat Weight.

One carat weighs 200 milligrams. If a

diamond is referred to as four grains, this

also means that it is a one carat diamond.

The word Carat comes from the word carob.

A carob is a bean that grows on a tree in the

Mediterranean. In times past, if a diamond

weighed the same as a carob bean, it was

one carob, or one carat.

However, in the far east, where Carob trees

do not grow, rice was used to measure the

weight of a diamond. If a diamond weighed

as much as four grains of rice, it was four

grains - or one carat as we know it to be

now. The majority of diamond purchases

are for diamonds that are 1/3 of a carat.

Beware when shopping for diamonds that

are already set or mounted. If more than one

diamond is used in the piece, the tag on the

jewelry will give the CTW or Carat Total

Weight - it does not tell you the carat weight

of each stone in the piece. You need to ask

the jeweler for the total carat weight of the

largest diamond in the piece to truly

understand what you are buying.

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How To Sell A Diamond

(category: Diamonds, Word count: 503)
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There are many reasons why you may want

to sell a diamond that you own. Perhaps

you've gotten divorced, or you are strapped

for cash. The reasons why don't really matter

- getting the best possible price is what

counts! The way to obtain the best price

for the diamond is to not be in a rush. Slow

down, and carefully consider all of your

options - there are many.

First, have the diamond appraised. In fact,

have it appraised by two or three jewelers to

get an accurate idea of the diamonds value.

Tell the appraiser that you want the Rapaport

Value. This is the wholesale value of the

diamond, and it basically tells you the highest

price that you can sell your diamond for. If your

diamond has no certificate, you should

consider getting a certificate from GIA. This

may help you get a better price for the

diamond as well.

First, try to sell the diamond yourself, to

people you know. Friends and family

members may be interested. If you don't have

any luck with friends or family members, you

should turn to outside sources. Absolutely

avoid pawn shops! A pawn shop will only offer

you about 10% of what the diamond is worth!

Also avoid offers of selling the ring on

consignment. There are many things that

can go wrong, and there is no shortage of

diamond scams - even in well known

jewelry stores.

If the diamond is important, you should

strongly consider auctioning it off through

one of the famous auction houses, such as

Christie's or Sotheby's. If it isn't what is

considered an 'important' diamond or a

high-end diamond, you should try to sell it

to an individual using classified ads, or even

eBay. However, selling to an individual that

you do not know could put you in danger -

especially if the diamond is worth a lot of


Your final option should be a jewelry store. It

is vital that you not let your diamond out of

your sight while in the jewelry store - you

might find that the diamond you walked in

with is not the same diamond that you walk

out with! The jeweler will try to tell you that

your diamond is of poor quality or low

weight. Inevitably, there will be some

problem with the diamond. This is where

your appraisal and/or certificate will come

in handy.

If the jeweler is fair, they will offer you

between 60% and 80% of the value of the

Rapaport Value. Do not accept anything less

than this. Again, do not let the diamond out of

your sight until you have been paid for it.

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How To Buy Diamond Engagement Rings

(category: Diamonds, Word count: 275)
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There is much to consider when purchasing

a diamond - especially diamond

engagement rings! The tradition of

presenting a woman with a diamond

engagement ring when proposing began in

1477 when Archduke Maximilian presented

a diamond ring to Mary of Burgundy - and

in most cases, the woman you plan to

propose to will expect a ring to accompany

that proposal!

First, determine how much ring you can

afford. Most people use the 'two months

salary' rule. This means that the ring should

cost the equivalent of two months of your

current salary. Because you have other bills

to pay, saving up this amount of money may

take quite a bit of time. You should consider

financing. Simply go to the jeweler of your

choice and tell them that you plan to buy an

engagement ring, and that financing will be

necessary. Go ahead and get the credit

check out of the way, find out what your

payments will be, and how much of a down

payment is required.

Now, have your mother, sister, or your

girlfriends best friend take your girlfriend

shopping, and make sure that they gaze at

the engagement rings to get an idea of what

she might like. Make sure that the jewelry

store you buy the ring from will allow you to

return the ring, if that is required, or allow

your girlfriend to exchange it for another if

she isn't happy with it!

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Are Diamonds Really Rare

(category: Diamonds, Word count: 204)
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When you walk into a jewelry store and see

all the diamonds in all of the various settings

that are for sale, it is difficult to realize that

diamonds are indeed rare. Most people

don't even stop to consider how that

diamond came to be sitting in that jeweler's

case! There is quite a bit of work that is done

before a diamond is ready to sell to the

general public!

For every one million diamonds that are

mined, only one will be found that is a quality

one caret diamond. In order to find a two

caret diamond, about five million diamonds

must be mined. More than two hundred tons

of ore must be mined to find one small

diamond, and even then, more than 80%

of the diamonds that are mined are only

good for industrial use, such as diamond

drill bits.

So, the next time you visit your local jewelry

store, ask to see the one carat diamonds.

You should look at this diamond with new

appreciation - knowing that it truly is one

in a million!

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Diamond Brands And What They Mean

(category: Diamonds, Word count: 224)
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Diamonds are one of the few products that

simply cannot be 'branded.' Even though

there are different cuts, different grades, and

different values placed on each and every

diamond in existence, no diamond is any

specific brand - just as gold is not a specific


Branding is actually based on who owns the

diamond. For instance, if DeBeers owns the

diamond, it is a DeBeers Diamond - but it is

still just a diamond. If the diamond was cut by

a specific well known cutter, then it might be

branded in that way as well - but it usually

isn't. It is still branded based on who owns it

at the time. So basically, when it comes down

to it - diamond brands mean absolutely

nothing at all.

Do not allow a jeweler to try to talk you into

paying an exorbitant price on a diamond

because it is a specific brand. This is a bit

of trickery used by unscrupulous jewelers

when they know that they are dealing with

people who don't know much about

diamonds. Remember that diamonds are

not actually branded - unless mother nature

has her own brand!

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