Sunday, August 24th, 2008 at
4:59 pm
Is there anyone who hasn’t at least heard of the famous Hope Diamond? Many people are surprised when they first learn that this famous stone isn’t a clear diamond, but instead is a brilliant blue stone, surrounded by white diamonds and suspended from a diamond necklace. It first appears in history in the mid 1600s when it was purchased by a merchant named Jean Baptiste Tavernier, who sold the stone to Louis XIV of France. At that time it was a 112-carat stone, described as having a beautiful violet color. It was recut into a 67-carat stone and the color was named French Blue. During the French Revolution, the diamond was stolen during a looting of the crown jewels. It reappeared in 1812, but recut once again and was acquired by George IV of England who had to sell the stone to pay off debts. The exact transaction is unknown, but the diamond is next found as an entry in the collection of Henry Philip Hope, whose name is attached to the diamond to this day. Eventually the stone was owned by the Cartier jewelry firm in Paris and purchased by Evalyn Walsh Maclean of Washington, DC. It was at her request that the stone was reset and made into the necklace that we know of today. It was acquired by Henry Winston who purchased it from Mrs. Maclean’s estate in 1947 and eventually became part of the Smithsonian Collection. There is a long-standing legend of a curse attached to the Hope Diamond, which the story says was plucked from an idol in India. True or not, many who have owned the Hope Diamond have met with misfortune, including the Hope family, who supposedly went bankrupt from owning the diamond. It’s possible that the whole concept of the curse originated with Pierre Cartier who sold it to Mrs. Maclean with the story of a curse, because she thought objects surrounded with bad luck were actually good luck for her. Sadly, Mrs. Maclean’s first son was killed at age 9 in a car accident and her 25-year old daughter committed suicide. Her husband was declared insane and was institutionalized until his death in 1941. Was it part of a curse?
Sunday, August 24th, 2008 at
4:58 pm
The appeal of diamonds and other precious gems has endured for eons. They confer on the wearer a feeling of beauty, value, status. We are drawn to them and we all have our personal favorites. Sometimes it’s our birthstone. For others, a particular stone reflects a favorite color. There is almost a magical feeling when you are near them, the energy they create it is palpable. While the clear diamond has been the traditional stone of choice for engagement and wedding bands, other stones are actually more valued and prized because of their rarity. The sapphire has often been the stone of choice for royal betrothal rings. When Princess Diana selected her 18-carat sapphire-and-diamond engagement ring, she selected one of the rarest stones on the earth. When Jennifer Lopez was engaged to Ben Affleck, she sported a 6-carat pink diamond ring. Camilla Parker-Bowles chose an emerald ring when she became engaged to Prince Charles. We’ve become even more fascinated with beautiful jewelry because of the popularity of celebrity venues like award shows. Often this jewelry is on loan to the celebrity. At one time, we could only look at pieces like that a sigh wistfully. But with the creation of cubic zirconia, a nearly identical chemical twin to the diamond, we can satisfy some of our more extravagant whims without breaking the bank! And there’s no reason to let on that maybe that fabulous new ring you’re wearing isn’t really diamonds. Let everyone think your boyfriend or husband got a financial windfall and spent it all on you! But when you can afford the real thing, there’s really nothing like it, is there? Is there a prized piece in your collection? Do you wear it often, or only on special occasions? If you don’t wear your jewelry often, give yourself a lift and start bringing that special ring out on regular occasions. It can certainly brighten up a dreary Monday when you’re wearing something special!
Sunday, August 24th, 2008 at
4:58 pm
Diamonds form between 75-120 miles below the earth’s surface. According to geologists the first delivery of diamonds was somewhere around 2.5 billion years ago and the most recent was 45 million years ago. The carbon that makes diamonds comes from the melting of pre-existing rocks in the Earth’s upper mantle. There is an abundance of carbon atoms in the mantle. Temperature changes in the upper mantle forces the carbon atoms to go deeper where it melts and finally becomes new rock, when the temperature reduces. If other conditions like pressure and chemistry is right then the carbon atoms in the melting crystal rock bond to build diamond crystals. There is no guarantee that these carbon atoms will turn into diamonds. If the temperature rises or the pressure drops then the diamond crystals may melt partially or totally dissolve. Even if they do form, it takes thousand of years for those diamonds to come anywhere near the surface. It takes millions of years to make a diamond. When you own a diamond, you own something which is a legend in the making. It has not been made in a factory just the other day. A diamond comes from the bosom of the earth. More interestingly not all the diamonds mined are made into jewelry. Only one fourth of the diamonds that are mined are made into jewelry. Every 100 tons of mud produces one carat of a diamond. And this one carat is not one stone! It could be anything from 0.005 ct to 1 ct. because much of the original stone is cut away in the process of cutting, shaping and polishing the diamond. Diamonds come in different rough shapes. The next time you look at your diamond, think about the amount of time, energy and resources have gone into making that one.
Sunday, August 24th, 2008 at
4:57 pm
In this world of advanced technology it is almost impossible to simply look at a diamond and determine whether it is real or not ‘ especially if you don’t know much about diamonds. There are some steps that you can take to avoid buying a fake diamond,however. First, only deal with reputable jewelers, and when you find a reputable jeweler, stick with them. Avoid buying diamonds or other jewelry from jewelers that you have never dealt with before in the past. Ask to see the certificate for the stone. If no certificate exists, walk away. Look at the setting that the stone is in. Fake diamonds, such as zirconias, are usually set in low quality metals. Take a close look at the stone. Fake diamonds are not durable ‘ natural diamonds, on the other hand, are the most durable stone on the planet. Look for scratches or nicks. After purchasing a diamond, take it to another jeweler for appraisal. In fact, take it to two or three other jewelers for an appraisal to make sure that the appraisals are all fairly close. If you find that you have purchased a fake diamond, you may be accused of making a switch when you return to the store of your purchase; therefore, it is important to have a certificate for the diamond. No two stones are alike.
Sunday, August 24th, 2008 at
4:57 pm
You’ve been told that having a certificate or a diamond grading report is important, and as a responsible consumer, you get one ‘ unfortunately, you probably won’t understand a word of what is on that diamond grading report, unless you are a jeweler. On the color grading scale, D, E, and F mean that the diamond has no color. G, H, and I means that it has very little color. J, K, and L means that the diamond has a slight yellow color. P, Q, R, S, T, U, V, W, and X means that the diamond is a darker shade of yellow. Z means that the diamond has a fancy color ‘ other than white or yellow. On the color grading scale, D is the most valuable, and X is the least valuable ‘ however diamonds that get a Z rating are the rarest and most expensive diamonds in the world. There are many aspects to a grading report. Figuring it all out can be very confusing. You should talk to a jeweler you trust, and have them explain everything on the diamond grading report to you.
Sunday, August 24th, 2008 at
4:56 pm
We’re all familiar with the 4Cs of diamonds ‘ cut, color, clarity and carat weight. But diamonds also possess a quality called fluorescence that’s part of the evaluation and assessment of a diamond. It’s actually called photo-luminescence and it’s caused by small amounts of the chemical boron in the diamond. It’s activated by UV light. It’s graded by how much blue there is in the diamond ‘ None, Faint, Medium, Medium blue, Strong, Strong Blue and Intense Blue. At one time, this was a highly-prized quality in a diamond and the demand for a blue-white diamond was high. The blue indicated the fluorescence of the diamond, while white was a reference to the overall color of the body of the stone. This has decreased over time as consumer preference shifted towards the more colorless stones. The tide of public preference may be shifting back to the blue-white diamond, but you want to be sure, when buying a diamond, that you examine it under a variety of conditions, such as sunlight and fluorescent light, as well as a jeweler’s black light. Some diamonds with a fluorescent quality can become hazy in daylight or even glow out on the dance floor! Colorless diamonds have become increasingly rare and expensive. The color grades of D (flawless) to G are going to be hard to come by at a reasonable price. If you’re buying a diamond with a color grade of H or higher, some fluorescence may actually be a good attribute for it and increase your stone’s value and attractiveness, as the blue fluorescence can offset any other gradations in the stone, such as a yellowish tone. Although some diamonds have a yellow or orange fluorescence, most reputable jewelers will recommend against a diamond with this quality, unless you’re buying a colored diamond in the same hue, as a similar fluorescence will enhance and intensify that color.
Sunday, August 24th, 2008 at
4:55 pm
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 money. 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.
Sunday, August 24th, 2008 at
4:54 pm
A diamond certificate is also known as a Diamond Grading Report. This report comes from the Gemological Institute of America (GIA), and you should require this report when you are purchasing a diamond. With a diamond certificate, you can verify the color, cut, carat, weight, and clarity of the diamond. You don’t have to worry about a diamond dealer telling you anything less than the truth, because the certificate comes from the GIA ‘ not the dealer. You may be required to pay for the certificate, but the cost is usually low, and in many cases, it will help you negotiate a better price on the diamond ‘ or keep you from purchasing a lower quality diamond altogether. If you buy a high quality diamond, and then later decide to sell the diamond, you will need to have the certificate, or you will have a hard time selling it to someone else. Furthermore, you can use the Diamond Grading Report to look up the wholesale value of the diamond in question. Use the guide that is used by the diamond cutting industry. With the Certificate, or Diamond Grading Report, there won’t be any doubts when you are trying to purchase a diamond. You can easily find out what the diamond is worth. This will prevent you from overpaying, and it can prevent a seller from under-charging as well. A copy of the Diamond Grading Report should be given to your insurance company as well, when you insure the diamond. This provides absolute, unquestionable proof of the value of the diamond should it be stolen in the future. Insurance companies cannot argue with the report. Avoid diamond dealers who seem reluctant to provide a certificate! Also avoid sellers who tell you that a certificate diamond will cost you more ‘ the only additional cost should be the cost of the certificate, which is low. If the dealer doesn’t want to provide a certificate, then you don’t want to do business with that dealer. Don’t accept certificates from Gemological Laboratories other than GIA. There are many fly-by-night Gemological labs these days, but in the end, GIA has been established as the most respectable and trustworthy ‘ not to mention oldest ‘ of the lot. So avoid dealers who don’t want to use GIA for certification purposes as well. Don’t buy an expensive diamond without paying the extra cost of the certificate. If a dealer tries to convince you to make the purchase without the certificate, or if they want to use a company other than GIA, you can be sure that the dealer has probably greatly inflated the price of the diamond ‘ they have something that they are hiding from you.
Sunday, August 24th, 2008 at
4:53 pm
The world’s largest cut topaz, called the American Topaz, resides at the Smithsonian Institution in Washington, DC. A 172-faceted topaz weighing 22,892.50 carats (5785 kg), it’s the largest cut yellow topaz in the world, and one of the largest faceted gems of any kind in the world. Originating from Minais Gerais, Brazil, it was cut over a period of two years. It was purchased by the Rockhound Hobbyists of America and presented to the Smithsonian Institution in 1988. As stunning as this cut topaz is, another display at the Smithsonian is equally dazzling and awe-inspiring. That’s a sherry-colored topaz ‘spray’ from the Thomas Range in Utah. This color of topaz can be found in Mexico and Utah, but when it’s exposed to sunlight, will become clear. Other spectacular displays of natural crystals include a cluster of Stibnite, an ore of antimony, which has a bright metallic luster. This spectacular group of crystals is from Iyo, Japan and look like something from Superman’s home! Another huge mineral in the exhibit is the Smithsonite, named for James Smithson, who bequeathed the funds to establish the Smithsonian Institution. He first discovered this greenish zinc carbonate mineral from the Kelly Mine in New Mexico. Some of the other don’t miss items in the Smithsonian’s Gem Collection are the Smithsonian Canary Diamond, a huge canary and diamond ring. The 98.6-carat Bismarck Sapphire is also part of the collection and is one of the world’s largest sapphires. It originally came from Sri Lanka. It’s also fascinating to see some of these gems in their raw uncut state, such as the large corundum crystal which is the mineral that sapphires are made of, and a very large beryl crystal, from which the emerald and aquamarine family of stones is derived.
Sunday, August 24th, 2008 at
4:52 pm
The smart groom-to-be does his research before buying his fianc e a diamond ring! There are more styles and cuts to choose from than ever before. It’s not enough to be educated about the four Cs of diamonds ‘ cut, color, clarity and carats. Now there are all types of diamond cuts and settings to choose from. The most popular style is still the round brilliant. It’s one of the earliest cuts ever developed and now relies on precise mathematical equations to create a stone with fire and brilliance that the earliest gem cutters could only have dreamed of. But many brides want something completely unique. There are many traditional cuts to choose from. A pear-shaped is just that ‘ wider at one end than the other. Or she can choose an oval, emerald or heart-shaped diamond. There are other cuts with unique faceting, such as the square princess-cut diamond. Some cuts are patented, like the elongated Ashoka diamond or the Asprey & Garrard Eternal cut diamond. Other branded and patented cuts include: Elara ‘ a square-cut diamond with rounded corners Asscher ‘ a square diamond with rounded facets that gives an unusual complexity to the diamond Couples diamond ‘ this diamond is faceted to reveal either a circle of hearts or arrows inside. It’s a truly unusual diamond that requires precise cutting for the image to appear properly. The price of a diamond increases exponentially with its carat weight. A one-carat diamond costs much more than 10 10-point diamonds and a two-carat diamond costs more than twice as much as a one-carat diamond (given equal quality in other areas). One way to enhance a ring is with embellishments such as baguettes or trillions. A baguette is a small emerald-shaped diamond that can be placed on either side of the main stones and a trillion is a triangle-shaped diamond that also is a good enhancement to the center stone.