online diamonds

  • 5 Reasons To Think Twice Before Purchasing a Diamond Online

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    Shopping online is great for many things… purchasing gifts, clothes, heck even groceries. Best of all, shopping online typically means you’re finding the best deal around. But there is one thing you might want to forego jumping online to purchase, and that is a diamond for your sweetie. Why you ask? Check out ourTop 5 Reasons you may want to think twice before adding that diamond to your online cart.

    1. Lack of Trust- Did you know that online diamond stores do not offer any quality guarantee? If something is in fact wrong with the diamond you purchased, (say an imperfection you weren’t expecting, or the color is off), it would result in you overpaying for a diamond you thought was a great deal. The truth is there is a lot to consider outside of the 4Cs that someone who isn’t in the diamond profession would have no way of knowing.
    2. Quality - A diamond should be inspected top to bottom with a magnifying glass so you have a clear understanding of what you’re actually purchasing. An online website has no pressure to offer you a top quality diamond at a reasonable price since you’re not meeting them face to face after all...which bring us to our next point.
    3. The Customer Experience- Buying a diamond online means making one of the biggest financial purchases of your life completely blind. As you might imagine, it takes years to understand and learn how to evaluate a diamond, which is why buying online can be so tricky and unforgiving.Sure you can try to pawn off a faulty diamond, but you will end up losing hundreds, if not thousands in the process. Do yourself a favor and go with a jeweler that prides themselves on the customer service they offer, and has many repeat customers. 
    4. Cost- Purchasing a diamond online means you’re not able to work with an experienced jeweler to come up with a diamond ring, (setting and all), that fits within your budget. It’s a common misconception that a shopping online will get you a better deal. An experienced jeweler can help you prioritize what is most important to you and your significant other, (say diamond size perhaps), and find you the best options given your criteria and budget.
    5. It’s Confusing- Even searching by ideal cut, grade, clarity, carat and cost, will render you a vast amount conflicting results. How can you then make an educated decision on which diamond is best?

    We encourage clients considering the online route do conduct a little experiment...

    1. Go to a well-known online diamond retailer website.
    2. Enter in the a carat size, color, clarity, and cut into the provided filters (the 4 C's). If you're unsure where to begin, we recommend entering in a carat weight of 1.00, color G, clarity VVS1, and excellent cut. Press search.
    3. Notice the results they give you are vast. Even though the diamonds you are seeing have the exact same specifications, their prices range by the thousands.
    4. Decide which one should you choose and why.

    Of course this is easier said than done.The idea of this exercise is to simply show you how complicated it is to choose a diamond. At La Bijouterie, we love helping our customers find the exact diamond that fits any budget and any style, and one that will impress the person on the receiving end.

    When it comes to customer experience, you can rest assured that your satisfaction is our utmost concern and that your happiness is our singular focus. Curious to learn more?Book an appointment today and check out our reviews onYelp.

    ~ LB

  • The True Value of a Man-Made “Diamond”

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    History has a funny way of repeating itself, and the man-made diamond industry is no exception. If you’re familiar with the simple rules of supply and demand, then you understand that as supply goes up, demand goes down. Applying this same rule to man-made diamonds, you can quickly  understand why it will be hard for them to maintain their long term value.

    From the Experts

    But don’t just take our word for it, on Dec. 21, 2018, a Reutersreport quoted analyst Paul Zimnisky as saying lab diamond prices had softened considerably. Another report fromBain & Co. stated the “Production of lab-grown diamonds has risen dramatically and will continue to do so, though their prices will likely continue to fall.”

    This report mentions that “It costs $300–$500 per ct. to produce a CVD lab-grown diamond, compared with $4,000 per ct. in 2008, and calculates that the retail price of gem-quality lab-grown diamonds has fallen by about half in the past two years, while wholesale prices have fallen threefold. It forecasts that trend will continue as efficiencies increase, new competitors enter the market, and the product gets “commoditized.”

    As the manufacturing technology for these lab-made diamonds improves, the stones’ prices will decrease. One jeweler remembers when cubic zirconia was $800 per ct. Created gems are, like created diamonds, chemically the same as their mined counterparts. But their values are very different.  Unlike the earth, which has a limited supply of diamonds, factories can mass-produce these stones, and that will drive prices down in the long run. (JCK)

    Held to the Same Standards

    If these man-man diamond resellers are selling their goods as diamonds, or, put another way, if man-made diamonds we’re true diamonds, then they should: (JCK)

    • Be under the Patriot Act: Under the Patriot Act, dealers who sell more than $50,000 in precious stones, gems, and jewelry are required to maintain an anti–money laundering (AML) program and conduct appropriate due diligence, including fully identifying business partners and monitoring transactions.
    • Disclose information about the specific location: where the diamonds are produced
    • Disclose the treatment that was required:It’s no secret that an overwhelming majority of lab-grown diamonds are treated by either electron irradiation or high-pressure, high-temperature (HPHT). (UPDATE: Some commenters disagree with the phrase “overwhelming majority.”)
    • Disclose whether some stones in a piece are natural: Some consumers clearly prefer man-made gems. They shouldn’t buy mined diamonds believing they are lab-grown, and vice versa.

    But What About the Environment?

    There is a common misconception that lab made diamonds are more eco-friendly. You see in order for a lab made diamonds to be created, it actually involves more chemicals and electricity consumption and is worse for the environment than those that are naturally occurring. Not to mention unregulated laborers. This topic rarely touches on the other side- the communities in Africa that heavily rely on the diamond business for their wellbeing - it is often their family business. “Tens of millions of people rely on the diamond industry for income, among them the poorest people on earth trying to make an honest living. There are an estimated 1.5 million artisanal miners digging for diamonds in Africa, and they support another 7 million people with their earnings. Advocating synthetics as an ethical substitute for natural diamonds threatens the livelihood of those diggers.” (Rapaport)

    Ethically Sourced Only

    At La Bijouterie, we never work with conflict diamonds. We strictly work with ethically sourced GIA certified diamonds, and you will receive a GIA certificate and appraisal with your jewel. We’ve worked in the diamond wholesale business for generations and only work with trusted and ethical sources.

    If you are against buying diamonds, or perhaps a diamond is simply not in your repertoire of jewelry taste, then you may enjoy looking at a sapphire, emerald, ruby, or other colored diamond gems. We are happy to walk you through our selection of precious stones to help you find the one that speaks to you.

    Closing Thoughts

    At La Bijouterie, it has always been our primary goal to help customers start their journey to marriage with a wise diamond purchase- creating a tangible symbol of their love,  and a ring that makes sense financially. After generations in the diamond business, one thing is certain. If we cared more about our profit margins than our customers and our integrity, we would sell man-made diamonds, as the sell price to actual cost ratio is much greater than the profit made on the sale of a diamond. But this is not what our company values or what we’ve based our business model on, especially since we know a man-made diamond does not hold its value. As your personal jeweler, this is not a financial decision we would advise upon. Let it be known that we are not against man-made diamonds, but instead, are against their value, (or lack thereof). Read more about this topic.

    Only a natural diamond has the rarity that supports its economic and emotional value. Consumers use diamonds as a symbol of love for that very reason. We all want to feel special, unique and rare, especially in our relationships, and a diamond communicates that message. (Rapaport)

    ~ LB