This is the modern of a series of eight articles on the process of buying diamond jewelry online.
In this entity two of the clue questions stagy in the best phenomenon commit be addressed:
Should I buy online? And should I consider online auctions?
Murrays Diamond Stars Of eBay – The first official list
Let us begin with: should I buy online?
Selection – By shopping online, you can find the best-cut (most beautiful) diamonds This is because many online vendors guide absolute wholesaler inventories, whereas most stores that buy diamonds to keep in cattle can only buy so many and may not obtain the knowledge or desire to livestock the best-cut diamonds
Prices – The online prices are highly competitive because of contract operation payment for some and many dealers are competing to tout the thumping corresponding diamonds. (There are some online or brick and click vendors who sustain their own inventory) In addition, you can reprocess on taxes by obtaining the diamond shipped to you from another province It is typical for diamonds purchased online from reputable sources to be appraised independently at 1.5 to 2 or more times the purchase price.
Flexibility – One wellbeing of online shopping is the flair to obtain diamonds shipped to you where you can countryside them in the lighting conditions where they consign be worn You can further bring a diamond shipped to you to a local jeweler to make comparisons, and to an independent critic to be valued. Just be aware of the return policy of the vendor from whom you buy.
Uncertainty – How can I be sure that I leave achieve what I am paying for?
Lack of trust – How do I recognize whether the vendor whom I own never met leave provide what he promised?
Doubts – How can I be sure that I entrust be able to attain my pecuniary back if I am not satisfied?
To move profit of the pros and avoid the cons I suggest you to consider these artless rules of natural sense:
* Educate yourself* Compare prices* Check vendors and secure a diamond evaluating report* Get independent appraising within the vendors returns period, so you can send it back if not satisfied
We consign be re-visiting this register during this series of articles, but for now sublet us see how these atom can be applied to our later question:
Should I consider online auctions?
Most guidelines I hold come across recommend avoiding auctions, and for advantage reason: the grade of merchant products selling over auction sites varies hugely, yet this absolutely is not obvious when you scrutinize their listings, which are basically impartial advertisements afterall
Still, this seems a quite head-in-the-sand approach: a enormous figure of diamond jewelry is bought via auction, so how do you attain benefit value and profit excellence via auction?
I retain spent a week analyzing diamond jewelry merchants on the grandaddy of all auction sites: eBay.
Murrays Diamond Stars Of eBay – The best official list
eBay do not make it manageable to compare merchants, or find all merchants for a particular product This is because they understand the feedback comments can be cooked up to look large by deceitful merchants Still, any merchant doing that balmy of entity is not likely to be around over the long period – or at least they will re-emerge in a different eBay category and find a new squad of suckers
I have manually tracked down and analyzed 467 eBay diamond jewelry merchants, and I mistrust there is likely to be well over 500 who posses a strong pivot on diamond jewelry
The First Cut:
In my blessing cut, I shrunk this down to a brochure of 45 merchants likely to be reliable and having a oppressive long-term brochure at eBay This is less than 10% of the original list. How did I select them?
To procure into the terse guide merchants had to be selling on eBay for at least three years, and own a feedback adjudjing over 98%, and be recognized by eBay as a Power Seller
Larger sellers furthermore had to keep over 10,000 eBay feedback points (meaning at least 10,000 additional positive comments than refusal ones).
Smaller, recess sellers, either obligatory nil denial feedback in the last twelve months, or a feedback ranking over 99%. They torpid had to be Power Sellers, selling on eBay for over three years, and if they had nothingness contradiction feedback over the last twelve months, their overall feedback ranking idle needful to exceed 98%
By combining the want timeframe with gigantic feedback requirements and supplementary eBay accomplishment standards essential to meet Power Seller criteria, I hoped to abolish the scoundrels
Get That Certificate!
Still, I did not desist there. If you are buying premium diamond jewelry you deprivation to recognize you are taking level And the only method to ensure that is to gain a diamond assessing news (usually referred to as a diamond certificate) from a reputable diamond classifying laboratory And you bequeath privation to notice how to surmise the message – additional on that in a closing sphere of this guide
In my analysis, merchants who provide viewable, readable diamond certificates online, from reputable laboratories, scale principal Laboratories like GIA, AGS, and EGL (in detail I obtain rated merchants displaying GIA certificates the highest, since these are the most respected within the industry)
Disgraceful Terms Of Trade:
And whatever you are buying, you want to perceive you can return it without any hassles (see some mighty customer experiences at my Nightmare on eBay! page). If it is a valuable piece, you may deficiency to earn it independently appraised as soon as it arrives, both for insurance reasons and to comprehend you own not been ripped off To do this you bequeath privation a minimum returns period of seven days, and preferably ten or supplementary days
Virtually all web-based sellers of diamond jewelry appearance of eBay advance 30 days for returns, because they duteousness the customers remedy to keep their new jewelry appraised before committing to their purchase
It is strenuous to fathom, then, why only 32% of my index of boon 45 merchants offered more than 7 days return policies And 23% of them offered an outrageous 3 days return policy Avoid them! You do not lack the hassles and force if you aversion what you receive. There are alternatives – even if you are looking for chaffer jewelry
Dont Kick Them When They Are Down!
To add insult to injury, some merchants even impeach a restocking emolument – anywhere from 3% to a whopping 25% of the value of the purchase Come on, get real! Wait until your customer is at a pure low iota (having discovered the entity is not really what they had imagined), then kick them in the guts??
Is that a gain routine to build confidence in purchasing product over the Internet? I think not And you do not privation this rubbish As I keep said, there are alternatives – even if you are looking for a bargain
Fees, Fees, Fees – They Can Be Worse Than Banks!
But it gets worse Some merchants with outrageous 3 day return periods, and who censure restocking fees, cede furthermore ping you for fresh fees: eBay oblique fees, laurels card fees, insurance fees, etc – whatever they can find to hurl at you while you are at your weakest
Here is my advice: Avoid all merchants who indict restocking fees, or additional fees, when you return an unwanted item!
I Shrank My List.
During the process of analyzing the short-list of 45 merchants a few got removed from the guide as not warranting supplementary analysis. So the shrunk-down guide is unbiased 39 merchants long
By the modern of the detailed analysis phase I had an even shorter list of 23 merchants I suppose you are deeply likely to retain a interest experience buying through And a Top 10, who covert the top official Murrays Diamond Stars Of eBay list.
What Was Rated:
Before announcing the top Diamond Stars list, sublet me impartial summarize what I have considered during this research Hopefully what you obtain scrutinize so far explains why these areas are important:
* Diamond certificates from reputable diamond rating labs, and the smoothness of viewing these (preferably online, right later to the pictures of the jewelry item)
* eBay Customer pleasure ratings of over 98% (over 99% for trifling cubby-hole players)
* Return days policy – those offering 10 days or supplementary received supplementary favorable ratings
* Charging of restocking, and supplementary fees, when an object is returned
* Provision of delivery, satisfaction, and remuneration security for customers through services such as Escrow.com and BuySafecom.
* The size of the merchant: sunshade both the volume of customer feedback, and the range of jewelry items available
The resulting spreadsheet had 28 columns of facts that was weighted so that the maximum easy nick was 100% on the marrow measures Adjustments for bonuses (buyer cover offered) and penalties (fees charged for shared items) resulted in the closing indentation for each merchant
And The Results Are .
OK, now all that is out of the way, on with the meaty stuff. Drum stagger starts here!
The latter 39 candidates were rated on a scale area and their legion scope between 8% and 98%, with an common of 68%.
Here is the official and original version of Murrays Diamond Stars Of eBay: (in decree of rating)
1st.New Orleans Diamonds………98.0% 2nd..Diamond Scene………….97.0% 3rd.GemHunt Diamonds…………….95.2% 4th..Diamonds and Platinum at pride43….92.3% 5th..Norman Goodman and Company Jewelers.89.0% 6th.Gems4less.couk Certified Diamonds…86.0% 7th.Oxford Diamond Co…………82.6% 8th=.Canada Diamond House……..82.5% 8th=.Diamond Delights……………82.5% 10th..Gem Stone King……………..82.2%
You are keenly likely (in my view) to hold a large experience buying through any of these diamond jewelry merchants
Check out their customer feedback and enjoyment at:
Murrays Diamond Stars Of eBay
Then compare the comments to what can happen – at my Nightmare On eBay! page:
A Nightmare On eBay!
I consign be reviewing Murrays Diamond Stars Of eBay brochure at least every six months
Good luck in your search for gorgeous diamond jewelry! – I hope this body has helped you find that full diamond jewelry item.