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Posted on Wednesday, November 15th, 2017 in Informational.
When making a high ticket purchase, it makes sense to shop around and compare prices. Whether that means searching online or visiting various local retailers, it’s helpful to know what you should expect to receive given your budget. So what happens when, after countless hours shopping, you find a deal that seems too good to be true? Well, unfortunately it most likely is. Here are two reasons why you should be weary of that relatively inexpensive jewelry piece or gemstone (especially if you’re purchasing online).
To further emphasize how important it is to buy only from a knowledgeable, trusted source instead of someone who has “the best deal,” here’s a story that recently surfaced about a fraudulent diamond inscription. A jeweler submitted a diamond to the GIA (Gemological Institute of America) because that jeweler noticed inconsistencies with the GIA report and the actual diamond’s characteristics. The diamond was inscribed with a certain GIA certificate number that was supposed to match up with a natural, untreated diamond. The GIA ultimately determined that the diamond was synthetic and that the font used for the diamond’s inscription was not the same font used by the GIA.
Stories like these are unfortunately becoming more prevalent not only in the jewelry industry, but in other industries as well. While it would be a lot nicer to live in a world free from intentional deceit, that is regrettably not the world we live in today. So before you make a purchase on a deal that seems too good to be true, make sure to cover all your bases and only purchase from sources you trust.