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In response to Long's case, a spokesman for Kay Jewelers told KPRC, "Greater than 99% of our service and repair transactions are completed without inquiry to our customer service centers each year ...
Since the per carat price of diamond shifts around key milestones (such as 1.00 carat (200 mg)), many one-carat diamonds are the result of compromising cut for carat. Some jewelry experts advise consumers to buy a 0.99-carat (198 mg) diamond for its better price or buy a 1.10-carat (220 mg) diamond for its better cut, avoiding a 1.00-carat (200 ...
Signet Jewelers Ltd. (Ratner Group 1949–1993 then Signet Group plc to September 2008) is, as of 2015, the world's largest retailer of diamond jewellery. [1] The company is domiciled in Bermuda and headquartered in Akron, Ohio , and is listed on the New York Stock Exchange .
The Ratners Group consisted of Ratners, H. Samuel, Ernest Jones, Leslie Davis, Watches of Switzerland, and over 1,000 shops in the United States, including Kay Jewelers. Although widely regarded as "tacky", [ 5 ] the shops and their wares were nevertheless extremely popular with the public, until Ratner made a speech addressing a conference of ...
Recycled diamonds are diamonds that have been polished and set into jewelry, then removed and possibly re-cut before sale back into the diamond industry. This sector accounts for 5%–10% of market supply. [25] Many jewelers typically offer to repurchase diamonds at a 15–20% discount relative to their selling price. [25]
Diamond reports from GIA (as well as other, for-profit sources) are now demanded by most consumers purchasing diamonds over a certain size, typically for over 0.5 carat (100 mg), and almost always for over 1.0 carat (200 mg), and are considered an important tool in guaranteeing that a diamond is accurately represented to a potential buyer.
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