Sunday, July 22, 2012


Many are so pregnant now that they are about to give birth. Yes it is approximately about the time in October when the North East was covered in a debilitating snow storm that created power outages for hundreds of thousands that lasted a week or two. So now we know what couples were doing in the dark. So, since you still love her and she is having your baby within weeks, do you think you should pop the question and make your child legal? Go ahead and buy that engagement diamond.
They do say that diamonds are a girl’s best friend and it was just the Queen of England’s Diamond Jubilee. After all she has some of the best diamonds in the world. There is the Imperial State Crown that has nearly three thousand diamonds in it but we don’t need to be as flamboyant. We just need a stunning single to declare our love. The diamonds that most of us will own are more modest than the ones worn by Queens and movie stars.
So, where can you buy one? You may be surprised that now people are buying their diamonds at big store chains. Yes Costco sells diamonds too. The soccer Moms buying their cereal in big boxes do stop and look at the diamond counter. The diamonds at Costco are not just tiny diamonds either. It is reported that Costco sold more than 100,000 carets last year alone. There you can just walk by a $200,000 ring in a simple selling case. Yes diamonds without the drama of Tiffany's.
Still, 90% of all the diamonds that come into this country pass through 47th street which has been considered the diamond district for many years. It is considered the world's largest jewelry exchange. It is a place that hasn’t changed much over the years. The diamond district as it is called is both beautiful and secretive. There has even been a book published about the area called Precious Objects by Alicia Oltuski who grew up in a family of diamond dealers and wrote about it.
It is there that diamonds like the 120 carat blue diamond is bought and sold. It is nearly three times the size of the legendary Hope diamond. There are experts who can recut a diamond on the premises who encompass the expertise to recut a diamond to let out even more light and therefore adding to the stone’s value.
Diamond cutting is a process that is usually hidden from view. No one wants to let another know their style. The dangers are real in the process of cutting a diamond. It can explode on the cutting wheel if you are off slightly and you might strike the grain or you hit an imperfection or any place that can render it vulnerable and a large amount of valued money can be gone in a second.
After your diamond is cut to top perfection it is then brought to the GIA, the Gemological Institute of America to be examined and graded for cut, clarity, carat weight and color. John King has been grading diamonds there for thirty years. He has never seen such a rare blue diamond like that ever in his life. It will be sold to someone possibly for Millions.
So, even if you will not be soon a father due to the need to do something during the storms of last October. Invest in a diamond anyway. It is one of those things of value you can actually hold in your hands. Nothing is as valuable as the one you love in your arms especially in the dark when left without power for a few weeks.

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