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TODAY IN HISTORY

    REV MARTIN LUTHER KING JR
    July 11, 1977 - United States

    The Medal of Freedom was awarded posthumously to the Rev. Martin Luther King Jr. in a White House ceremony and presented by President Jimmy Carter. The citation accompanying the medal was " Martin Luther King, Jr., was the conscience of his generation. He gazed upon the great wall of segregation and saw that the power of love could bring it down. From the pain and exhaustion of his fight to fulfill the promises of our founding fathers for our humblest citizens, he wrung his eloquent statement of his dream for America. He made our nation stronger because he made it better. His dream sustains us yet." Signed, Jimmy Carter.

    'IN GOD WE TRUST'
    July 11, 1955 - USA

    President Eisenhower signed a bill requiring use of the inscription 'In God We Trust' on all paper money.

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  • Until a man duplicates a blade of grass
    by Earth Day, Thomas Alva Edison Inventor

    "...Until a man duplicates a blade of grass, Nature can laugh at his so-called scientific knowledge. Remedies from chemicals will never stand in favorable comparison with the products of Nature, the living cell of a plant, the final result of the rays of the sun, the mother of all life...."
  • A Change is Gonna Come
    by Meredith Grey

    "...Change; we don't like it, we fear it, but we can't stop it from coming. We either adapt to change, or we get left behind. It hurts to grow, anybody who tells you it doesn't is lying. But here's the truth: Sometimes the more things change, the more they stay the same. And sometimes, oh, sometimes change is good. Sometimes change is everything...."

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  • Cancer Facts & Figures
    about Besides Lung Cancer

    Besides lung cancer, tobacco use also increases the risk for cancers of the mouth, lips, nasal cavity (nose) and sinuses, larynx (voice box), pharynx (throat), esophagus (swallowing tube), stomach, pancreas, kidney, bladder, uterus, cervix, colon/rectum, ovary (mucinous), and acute myeloid leukemia. Drug Abuse
    about Facts about Drugs

    Facts about drugs can protect against drug abuse. Legal drugs, such as alcohol and tobacco, kill more people than illegal drugs. Tobacco (smoking cigarettes) kills more people than any other drug. Illegal drugs including heroin, cannabis, ecstasy and amphetamines can have unknown or dangerous ingredients. Mixing drugs, especially with alcohol, can be fatal.

How Diamond Prices Are Determined :

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Pricing most products is quite easy. Determine how much it costs to make the item, how much it costs to market that item, and then mark it up by 15, 30% or more. Simple, right? Well, pricing diamonds isn't quite that simple. There are many factors that are considered when diamonds are priced.

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Pricing most products is quite easy. Determine how much it costs to make the item, how much it costs to market that item, and then mark it up by 15, 30% or more. Simple, right? Well, pricing diamonds isn't quite that simple. There are many factors that are considered when diamonds are priced.

Diamond prices are determined first by adding the cost of the rough diamond, the cost of cutting the diamond, and all other costs necessary to turn the rough diamond into a marketable diamond. Depending on the importance of the diamond, an independent company may be called in to certify the grade of the diamond based on color, cut, clarity, and weight.

At this point, the diamond becomes more expensive each time it changes hands, until it finally reaches a retailer, where the price is raised a bit more. Before reaching the retailer, however, the diamond must travel
from the mine, to the cutter and polisher, to the independent grading company, and then to the Primary market. Once it has reached the primary market, it will be purchased by diamond dealers and wholesalers, and from there it will be sold to retailers.

As you can see, the earlier you can purchase a diamond in the process, the lower the cost of the diamond will be “but not the value. The value is based on what the diamond will sell for in the market place“ through a retailer.
If you own a diamond, and you have no idea how much it is worth, you can have it appraised, but the appraisal may not be accurate. You will be better off obtaining a certificate through GIA “Gemological Institute of America".

With the information on this certificate, you can use a cutter's guide to accurately determine what your diamond is worth. There are also many diamond price calculators available. These can be found on the Internet, and many diamond dealers use these as well. You must realize, however, that before you can accurately price a diamond, without a Diamond Grade Report, you need to know quite a bit about diamonds, such as different cuts, clarity, color, and weight - and how each of those aspects adds to the value of a diamond, or decreases the value of the diamond as the case may be.

Again, you will be better off if you get a Diamond Grading Report on the diamond, and use that information to look up the price in one of the guides that the diamond cutting industry uses. This will give you the most accurate value of the diamond in your possession, or of the diamond you are considering purchasing.


Source : PLR

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