What You Should Know About Jewelry Fraud and How to Spot it
Many of us today are constantly on the go. The emergence of technology has vastly improved as well as sped up the pace of our lives. With the advancement of the internet, more and more people have flocked to an online space to work, play, live and shop. Online shopping offers customers a number of benefits and advantages, such as speed, convenience and selection.
When it comes to buying jewelry, especially online, it is critical that you use caution and educate yourself about what to look for to ensure that the jewelry you are purchasing is high quality and legitimate. While online jewelry shopping has the potential to be risky when it comes to jewelry shopping, certain in-store experiences can pass fake jewelry as real too. Pawn shops, dealers and illegitimate jewelry shops have the potential to sell you fake jewelry at real jewel prices. Whether you are looking to purchase jewelry online or in a store, here is a quick guide on what you should know about jewelry fraud and tips in how to spot it.
First, valuable stones and gems should come with paperwork. Make sure when you are considering purchasing an engagement ring, necklace or precious gemstone, you ask to see the documents that come with it. A stone should have documents from a reliable, trustworthy source proving its authenticity. Be very wary of stores and online sites that cannot provide documentation.
Second, a stamp on jewelry, a branded ring box or price tag can all be fake. Ask questions and use caution. Scam artists will print 18K on gold that is fake or lesser quality. These external signs are not always proof that what you are purchasing is legitimate.
If a deal is too good to be true, it usually is. Proceed with caution if someone is offering to sell you jewelry for an unbelievably good price. There is a reason jewelry and precious stones and metals are priced where they are at. These materials are very valuable, and legitimate pieces are made with great quality and care.
Size of a gemstone is also a determinant of jewelry fraud. Large gemstones for a cheap price will most likely always be fake. Again, if its too cheap, it will probably fraud. Large gemstones are rare, precious and can have a price tag in the hundred thousands range.
Also, be extremely careful when having work done on your ring or other piece of beloved jewelry. It is important that when your jewelry is cleaned, resized, fixed, etc., only a reliable, trustworthy professional is working on it. Unfortunately, scam artists and dishonest operations may switch out your stone for a fake one or remove elements of the precious materials to make a profit.
When it comes to jewelry shopping, it is imperative that you shop with a credible, established jeweler that you trust. You run the risk of receiving “a fake” when you shop at under the table or pop up operations. At Master Jewelers, we have been serving the Indianapolis area and beyond for over 20 years. We know how big of a purchase jewelry is. That is why we provide our customers with the best of education, selection and quality. In addition to selling designer pieces, we offer our customers with a full service, in store jewelry studio where we can design one-of-a-kind pieces from scratch.
All of our pieces come with documentation and receive the highest level of care and attention throughout the creation process. Stop by our showroom or visit us online today to discover the difference of shopping with a jeweler that you can trust.