1 reply to this topic

[paulie212]

I was shown a diamond for a jeweler who told me he would get me a good deal on a certain stone. He even showed me the GIA report. However, I noticed that the report for this diamond was dated DECEMBER 2000. Should i be concerned that this ring is used- or is age common?

[TheRock]

Good question and there are usually many different scenarios. First one is that the jeweler bought it back in 2000 and has not had the right customer for it until now. We all like to turn our inventory quickly but in reality, there are times when things don’t move as quickly as we like even if the stone is a good one.

Then there is the possibility that it was traded up. Most of us have a trade up policy. If you bought a diamond in our store, you would get 100% in trade up allowance on your next diamond purchase. This means that I would have to re-sell the previous stone. It's not necessarily a bad thing and you might even be getting a slightly better deal.

There is the chance that the jeweler has bought the diamond "off the street". Someone wanted to sell it and the jeweler has bought it. As long as you don't mind knowing, this is another scenario where the deal may be a little better.

Lastly, the diamond may be a dog! Just a diamond that no-one wants.

Ask for the history, do your research, if it's a good stone maybe you'll get a great price.

Good Luck.