In a prior post I discussed the necessity of dealing with someone who you can trust.
In the course of my daily business I am sometimes the buyer of diamonds from one who has previously purchased a diamond.
Today I was presented with such a diamond. The owner/seller had acquired this diamond from a retailer in Philadelphia where my office is located. The owner/seller provided me with the opportunity to look at the diamond as well as the grading report that they were given at the time of purchase.
According to the paperwork, I assume that the purchaser thought that they were getting a good deal at the time of purchase. Upon looking at the diamond and grading it to “fair” and “proper” standards, the diamond was actually six grades lower than what the buyer/seller/owner thought she had acquired. The diamond was not a GIA certified diamond and was graded by a “fraudulent” grading lab. The diamond was, in fact, worth only 32% of the value of what they thought they were buying!!
This true story is stated here just to reiterate the subject matter of my prior post on the subject of “Trust”.
Obviously, as should be learned from this brief story, there are those in the world who think that low price is all that matters – and who later ind out that they have been cheated. More importantly, this brief story should reiterate the necessity of dealing with someone with a reputation for trust and integrity.