| |
| What Will a Chip Do to Your Diamond’s Market Value? |
|
|
 If you own a beautiful and sizeable diamond that you happen to chip on the side, will this minute change in the gemstone’s physical appearance also affect the market value of your precious sparkler? Will just a tiny nick or chip change the appraisal of your diamond?
The sad truth and reality about chipping diamonds is the fact that the value of the gemstone is disadvantageously affected. Moreover, once a diamond is chipped or broken, it can no longer be repaired. Does this mean that your sparkler is now junk? Fret not, there is still hope for that chipped diamond.
The only way to remedy a chip or nick damage on a gemstone is to have it professionally recut by laser. The consequence of having this procedure done is the fact that the diamond will be smaller than its original size. Sadly, when significant carat weight is lost, appraisal value is likewise lost. It depends on where the chip is located. Most of the time, it is found in a diamond’s girdle. Recutting a diamond involves not only time but money as well. The significant fees associated with this procedure discourage owners from having it done to their sparklers. Most people either simply live with their chipped diamond or trade it for a better one. Choosing the second option is not truly the better alternative as jewelers will put a low value on a chipped stone since they will need to spend to have it recut.
In general, chipped diamonds are truly unfortunate. This is the reason why it is relevant for gemstone owners to take great care with their diamond jewelry.
|
|
|
Viewed Products
