Diamond Prices rising world wide

Last week, London based diamond conglomerate De Beers, most widely known for their control over about 60% - 65% of the worlds rough diamonds, raised the price they charge to their dealers on rough diamonds by about 12%!

This threw the entire diamond and jewelry industry into a tizzy over what will happen with the prices of polished diamonds, and exactly what we expected to happen did.

The price of polished diamonds jumped between 8% - 12% this week. If you happen to be in the market as we speak, looking for that special diamond, for your soon to be fiancé, don't be surprised if all of a sudden diamonds seem to be more expensive.

You may ask, what's the difference between rough diamonds and polished diamonds? Simply put, rough diamonds are diamonds in their natural form, as they have been pulled from the earth.

Polished diamonds are what we all treasure for their exquisite beauty in the way that diamonds have the unique ability to reflect light, after they have been polished into the beautiful diamonds that we see in our jewelry.

Buying a diamond... What's more important, color or clarity?

So you're ready to buy a diamond and you're wondering what is more important, color or clarity? Oh, you're going to love this answer,
It depends.. on what you may ask? It depends upon what your priorities are. You will need to decide, but when I'm asked which is more important, I usually advise to use your eyes. If you are looking at diamonds that are SI2 or better in clarity, most likely you will not be able to see the difference in clarity from a flawless diamond or a diamond that is Slightly Included, without using magnification.

On the other hand, Color is another story. If we are considering diamonds that are white in color, then the question is, can you SEE the difference? It is generally considered that most people will not begin to see a hint of yellow, and I mean just a hint, until you go down the scale to about I or J in color.

The rarest white color is D, and I often find that people equate color with brilliance. Color really has nothing to do with brilliance, but the purity of the D color ofter gives the feeling of being absolutely clear. What this means is that even if your eye cannot see the differences in the colors, your mind does recognize these differences.

So what do I recommend? Go with what you can see. You may get down the scale a little bit in clarity without visually recognizing these differences, but the colors, your mind recognizes pretty quickly.

Wedding Reception for Seth & Jenny Steward

Last evening I had the pleasure of attending the wedding reception for the new Mr. & Mrs. Seth and Jenny Steward.

Her beautiful engagement ring was complimented by the custom made wedding band that fits and matches perfectly! Jenny's dress was absolutely exquisite, I wish I had a picture to post here for you to see.

The reception was held at the Garfield Park Conservatory and it was simply beautiful. Surrounded by friends and family from all over the country, in the lush, floral setting of the conservatory, both inside and outside, was wonderful.

I want to extend my heartiest congratulations to the newly weds.