Looking for the Right Insurance for Diamond Jewelry

Diamond jewelry is very valuable and is considered an investment. If you have purchased a piece of diamond jewelry recently, consider having it insured because it could get lost or stolen.

Insurance companies will charge you based on your jewelry piece’s appraised value. A higher appraised value will make it easier for your diamond jewelry to be replaced of it got lost or stolen. However, you will also have to pay a higher premium for it.

To get the right insurance for your diamond jewelry, you’d want enough insurance for your ring to be replaced but not so much that premiums are way too expensive.

Here is how to look for the right insurance for your diamond jewelry:

First, take your jewelry piece to a certified gemologist to get an insurance appraisal. Select one that has a GIA or AGS certification. More often than not, the store you bought your jewelry piece from will be able to give you an appraisal. However, you must make sure that the store appraiser does not over inflate the value of your diamond jewelry piece.

Call your homeowner’s or renter’s insurance company. Let them know that you would like to add a jewelry piece to your policy. Once you furnish a copy of the appraisal, they will give you a quote.

If you are unhappy with the quote you received from our homeowner’s or renter’s insurance company, search for other companies online or call different insurance companies and compare their quotes. It is important to shop around and compare rates before you commit to a policy.

Ask for a copy of your insurance to verify that your diamond jewelry is covered. Do not forget to read the fine print to know exactly what your policy covers.

History of Diamond Jewelry

It is said that the first diamonds were discovered in India some 3000 years ago. The stones were considered valuable because of their ability to refract light. People wore them as ornaments and as talismans to ward off and protect from evil.

In the Dark Ages, diamonds were thought to have medicinal or healing properties. Some believed that those suffering from maladies or wounds should hold a diamond in their hand and make the sign of the cross. Some even believe that ingesting diamonds could speed up recovery or even cure a person from different kinds of illnesses.

In the Middle Ages, diamonds were seen as valuable items rather than stones with mystical powers. There was a surge in the demand for diamonds during this period that mine owners started to spread rumors that diamonds are poisonous if ingested to prevent miners from swallowing diamonds for the purpose of smuggling.

In 1866, diamonds were discovered in South Africa by a child playing with brightly colored stones near a river. One of the stones that child was playing with was recognized as a diamond. The gem that was cut from it was aptly named “Eureka”. This discovery led to a diamond rush and started a new beginning for diamonds. Diamonds from South Africa still make up a large percent percentage of the world’s diamond jewelry today.

Gem quality diamonds are being discovered around the world. Australia, for instance, has recently become a competitor in terms of production and mining superb gem quality diamonds. Other countries that have become players in the diamond industry in recent years include Canada, Russia, and South America.

It is important to note though that the great majority of diamonds discovered all over the world are not gemstone quality diamonds. In fact, 1/5 of all diamonds mined are considered gem quality diamonds.

Ways to Clean Diamond Jewelry

One way to make your diamond jewelry last for a long time is to keep it clean. Fortunately cleaning a piece of diamond jewelry is fairy easy and will only take a few minutes of your time. Here’s how:

First, soak your diamond jewelry in a warm solution of soap and water. Use a mild dishwashing liquid or other mild detergent.

After letting it soak for a while, take a soft bristled brush and use to gently remove dirt. Do not use a stiff bristled brush for cleaning as these can scratch the metal setting of your diamond jewelry. Also, do not scrub your jewelry too vigorously. Although diamonds are some of the hardest substances on earth, scrubbing to forcefully could loosen them from their setting. Run your jewelry under a jet off water to flush out the grime or build up.

After cleaning it with a soft brush, let it swirl around the solution for a bit and then rinse it thoroughly in warm water. Do not forget to use a strainer or to close the drain so you do not lose your jewelry.

Next, dry your diamond jewelry using a clean, lint-free cloth. Use a tooth pick to push out any remaining dirt from the stone.

If your diamond jewelry needs a stronger cleaning, soak it in a solution of half ammonia and half water for 30 minutes. After soaking, gently clean it using a soft brush. Once you’re done brushing it, swirl it around in the solution for a few times and then rinse it thoroughly. Pat dry using a lint-free cloth.

Some jewelers offer a cleaning solution or a jewelry cleaning kit. It includes the cleaning solution, drying and polishing cloths. Before you use it to clean your jewelry, read the product information and make sure that it is appropriate for cleaning diamonds and the kind of metal in your jewelry.

Tips in Buying Wholesale Diamond

Diamonds are perhaps the most valuable gemstones around. Diamond jewelry pieces are generally expensive, which is probably why they are prized possessions and rank high on most people’s wish lists. “A diamond is forever,” so the popular saying goes. This is the reason why most couples seal their engagement with a diamond ring, or seal their wedding vows with diamond-paved wedding bands.

But not everyone has the money to spend on expensive diamond jewelry. If you are on a tight budget, but wish to surprise a special person in your life with a diamond jewelry piece, consider going to wholesalers.

Wholesalers offer quality products at really low prices. However, there are some things you have to keep in mind when buying wholesale diamond.

First, educate yourself about diamonds. You cannot choose a quality piece of diamond jewelry if you do not know the first thing about diamonds. Learn the four Cs of diamonds: cut, clarity, color and carat. Once you arm yourself with this knowledge you will be able to discern whether a piece of diamond jewelry is of quality or not.

Next, beware misleading advertisements. There are several diamond jewelry shops – either traditional or online – who misrepresent what “wholesale” means. These shops are actually discount retailers and not wholesalers. Discount retailers offer flawed pieces at discounted prices. They only use the term “wholesale” to mislead customers.

When buying wholesale diamond jewelry, inspect everything about the piece: the metal, setting, and the mount. A lot of jewelers sell pieces with fake gold or silver. Terms like “gold plated” and “realistic” should sound off warning signals. These could mean that the jewelry is not real gold, or the stone ma not be a real diamond piece but a cubic zirconia.

If you are considering buying online, make sure to purchase from a legitimate wholesaler. Look for the Kimberly Process certificate to make sure that the pieces are not funding wars in Africa. Also make sure that online store has 100 percent money back guarantee.