by: Michael Bradley
It is now possible to save 40% to 60% by purchasing a diamond engagement ring from an online diamond retailer, rather than from a bricks-n-mortar High Street jeweller. Online diamond retailers don?t have retail shops, sales staff, large diamond inventories and other associated operating expenses and are therefore able to pass on the cost savings to consumers.
Of course, a diamond might be one of the largest one-off purchases made in one?s lifetime and so it is understandable that many people may be uncomfortable paying for a diamond before it has been seen and examined.
However, as long as the correct research and precautions are taken there should be no reason to be fearful about buying diamonds from Internet diamond merchants.
The three most important aspects of the pre-purchase checks that must be carried out are:
1. Assurance that the diamond business is legitimate,
2. Assurance that the payment method is secure,
3. The risk of merchant fraud or failed delivery is mitigated.
In part three of this three part series we examine the third aspect which is to ensure mitigation of the risk of diamond merchant fraud or delivery failure.
Mitigation of risk of diamond merchant fraud and failed delivery
Only Buy Laboratory Certified Diamonds
Rule number one when buying any diamond is that it must have a certified laboratory report from one of the major gemmological institutes. This gives assurance that the diamond being purchased is the same specification that the diamond merchant has described.
Returns Policy
Examine the returns policy of the diamond merchant carefully for any extraordinary or unusual points. When making any purchase over the internet the buyer has a 7 day cooling off period within which to cancel a purchase for a 100% refund. This is because internet retailing falls into the retail category governing selling at a distance and the relevant UK consumer protection laws. All online diamond merchants should mention this as matter of course.
Credit Card
A significant advantage of paying by credit card is that if anything goes wrong with the purchase then the buyer is covered by the UK Consumer Credit Act 1974. The credit card company may then also be liable for the purchase to the same amount as the diamond merchant and payment of the credit card to the amount of the purchase can be withheld until the purchase dispute is resolved.
Escrow Service
An escrow service is effectively an independent third party that ensures receipt of the diamond by the buyer and receipt of payment by the merchant.
The process is as follows:
1. The terms of the transaction are agreed between the buyer and merchant and the escrow service is contracted to aid the transaction.
2. The escrow company receives payment from the buyer of the diamond.
3. The escrow company then confirms to the merchant the buyer?s payment has been received.
4. The merchant then sends the diamond to the buyer.
5. The buyer confirms receipt of the diamond to the escrow company.
6. The escrow company sends payment to the merchant.
The escrow service usually charges a small percentage of the purchase cost as a fee. As an indicator of the importance of using an escrow service eBay recommends using one for purchases over ?300.
Remember, a large saving is being made by purchasing the diamond online, so it won?t hurt to get peace of mind for the small percentage an escrow will charge. But make sure you carry out the appropriate research on any escrow company as there have been instances of fraud.
Independent Appraisal
An extra precautionary check is to have the diamond merchant send the diamond to an independent diamond appraiser so the appraiser can confirm that the diamond matches its Laboratory Certificate. The appraiser will confirm the authenticity to the buyer, who can then arrange payment for the merchant.
Once receipt of payment is confirmed by the merchant, the appraiser can then send the diamond on to the buyer. In this way the appraiser also acts as an escrow service. An insurance appraisal could also be carried out by the same appraiser, which is something any insurance company will need to see before insuring the diamond.
Recorded, signature-required, insured postage
A recorded delivery method that is insurable and requires a signature on arrival is the safest way of receiving the diamond through the mail. Royal Mail Next Day Special Delivery with Consequential Loss Damage purchased is an excellent choice. When transporting the diamond by mail always use this method or a similar one for maximum security of delivery.
About The Author
Michael Bradley owns www.dubai-diamonds.com and www.uk-diamond-ring-supersite.co.uk, the premier resource directory for diamond engagement ring research in the UK. Visit the Supersite and download the free detailed book The Essential Guide to Buying Diamond Engagement Rings in the UK.
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He Was Either The Most Romantic Man In The World - Or A Complete Idiot
He Was Either The Most Romantic Man In The World - Or A Complete Idiot
by: Marguerite Bonneville
Heather had been dating Ben for a little over two months. She quite enjoyed his company but was beginning to realize he was not the man for her. She wasn't so much physically attracted to him as she was entertained by his offbeat sense of humor and his sense of the ridiculous. They'd had some great times together but she was contemplating giving him the ?let's just be friends? speech.
On the night of her twenty-eighth birthday, Ben told her he had something special in store for her. Heather felt a twinge of discomfort but told herself she was overreacting. Ben tended to over-dramatize ordinary events, which was part of what made him fun. They enjoyed a fabulous dinner at a beautiful restaurant, then returned to Ben's place so he could present her with his gift.
Heather was amused to discover that Ben had set up a treasure hunt in his apartment....
He Was Either The Most Romantic Man In The World - Or A Complete Idiot
Gold ring > He Was Either The Most Romantic Man In The World - Or A Complete Idiot
Jewelry As A Father?s Day Gift
Jewelry As A Father?s Day Gift
by: Sam Serio
It is widely known that many men enjoy fine jewelry. So, why not present Dad with a gift of jewelry this Father?s Day.
Jewelry gifts that you might consider for that special Father in your life could include a gold or silver watch, a handsome sterling silver or 14kt gold chain or masculine link bracelet. With a chain you might include a manly pendant with a nautical or sports theme.
As for rings, there are many rugged designs available in 14kt gold or sterling silver with stones like turquoise, onyx, malachite and lapis. Also, many men are fond of masculine settings of small diamonds and other gemstones.
Celtic jewelry designs, such as Celtic crosses, Celtic knots, etc? are great choices for Dad on Father?s Day.
If your Dad has a pierced ear maybe he would appreciate a small stud earring; the choices here are endless.
Remember this, men tend to avoid interchanging jewelry in...
Jewelry As A Father?s Day Gift
Gold ring > Jewelry As A Father?s Day Gift
Using Palladium in White Gold Jewelry Means No More Allergic Reactions
Using Palladium in White Gold Jewelry Means No More Allergic Reactions
by: Jill Renee
White gold jewelry (http://www.danforthdiamond.com/jewelry/index.php) can cause allergic reactions in some people. This is due to the fact that the majority of white gold jewelry is manufactured using alloys containing nickel as the bleaching agent and a percentage of the population is allergic to nickel. For these individuals, contact with nickel can result in dermatological problems that range from a mild skin rash to severe open sores and permanent scaring. In Europe, there are laws governing the use of nickel in jewelry. The European law is known as "The Nickel Directive" and states that no nickel can be used in a material that sits in an open wound, such as after piercing, until healing is complete.
What is a jewelry buyer to do when faced with this information? First of all relax,...
Using Palladium in White Gold Jewelry Means No More Allergic Reactions
Gold ring > Using Palladium in White Gold Jewelry Means No More Allergic Reactions
Role of The Druid WOW
Role of The Druid WOW
by: Hunter Crowell
Of the many different character classes in WOW, each having a different accepted role, there is one lauded as superior by those who play them, and scoffed at by those around them.
There are a few responsibilities that must be filled for a group of adventurers to succeed in a dungeon.
There must be a ?tank,? someone who gets the attention of the monsters they are attempting to kill.
A healer is important to keep the group alive.
There are damage dealers who are primarily responsible for slaying the monsters in melee or from a distance.
Characters in charge of crowd control stall certain targets to make taking down others easier.
Each class generally fills one role with ease and can switch to another if it is needed.
The Warrior, for example, is first and foremost a tank.
Warriors are given the most abilities to generate and maintain the focus...
Gold ring > Role of The Druid WOW
Lubricating Motorcycle Chains
Lubricating Motorcycle Chains
by: Maricon Williams
The ideal chain is well-adjusted and lubricated. It must be free from dirt and there is an ample supply of oil or wax to lubricate it.
Most bikes are using O-ring chains. These chains come with links that have lubrication trapped inside the link at the back of O-rings. Lubricating the chains prolongs its life. Nonetheless, you need considerable amount of expert?s advice so as to perfect the art of lubricating. In this case, O-ring welcomes some external lube in order to cut down the friction on the sprocket. This way, the temperature is kept running down.
Nowadays, there is what we call spray lube. It is one of the most practical lube we have today. You need spray it to the chain while the latter is still warm, like for instance after a ride. Let the carrier liquids evaporate. This will take about ten minutes or so. Apply it to the inside of the chain. You can do this by spraying it on...
Lubricating Motorcycle Chains
Gold ring > Lubricating Motorcycle Chains
The Real Gold Mine
The Real Gold Mine
by: Scott Bianchi
Financial security is something we all strive for, well most of us anyway. Some people are perfectly content living paycheck to paycheck and claiming their house is their savings. Part of me wishes I could be that relaxed to have such a laid back view of things.
For those of us that do want to have some level of financial security we try to save and invest our money at any opportunity. Some people do this on their own, while the majority of people have some sort of financial professional offering them advice. I personally have an account set up with a financial advisor. Most financial advisors will tell you to ?diversify? your money and investments. But, do they really mean it? Yes, they mean it as long as it makes them money.
I feel in order to truly be diversified in your investments you need to have your stocks, bonds, and savings. But, the real gold mine is in precious metals. Very few people invest...
The Real Gold Mine
Gold ring > The Real Gold Mine
He Was Either The Most Romantic Man In The World - Or A Complete Idiot
He Was Either The Most Romantic Man In The World - Or A Complete Idiot
by: Marguerite Bonneville
Heather had been dating Ben for a little over two months. She quite enjoyed his company but was beginning to realize he was not the man for her. She wasn't so much physically attracted to him as she was entertained by his offbeat sense of humor and his sense of the ridiculous. They'd had some great times together but she was contemplating giving him the ?let's just be friends? speech.
On the night of her twenty-eighth birthday, Ben told her he had something special in store for her. Heather felt a twinge of discomfort but told herself she was overreacting. Ben tended to over-dramatize ordinary events, which was part of what made him fun. They enjoyed a fabulous dinner at a beautiful restaurant, then returned to Ben's place so he could present her with his gift.
Heather was amused to discover that Ben had set up a treasure hunt in his apartment....
He Was Either The Most Romantic Man In The World - Or A Complete Idiot
Gold ring > He Was Either The Most Romantic Man In The World - Or A Complete Idiot
razr phone Gold ring How to Safely Buy a Diamond Online ? Part 3 of 3
Gold ring
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