Lovelady Diamond


Jewelry and Gold Buyers
~ Since 1980 ~
Phone: (800) 854-0014
Fax: (408) 358-5339
Email: Info@gemgate.com
Map and Directions

Sell your diamonds, jewelry, gold, coins, sterling and platinum safely and competitively.
Lovelady Diamond

JEWELRY & GOLD BUYERS

Established and Original Owner Since 1980

Serving San Jose, Sunnyvale, Cupertino, Santa Clara, Santa Cruz, and Los Gatos areas as well as the USA via our free shipping kits from our Los Gatos office.

Carat Weight Measurement


The 4 Cs was a phrase brought into the industry many years ago to help the public understand and be aware of, the important aspects of diamond buying. We will focus on these one at a time since they all play a crucial role in diamond valuation: Carat (weight), color, clarity and cut.

Carat (ct) is simply a measurement of weight in the metric system. Many confuse the other term karat as used in the U.S. for denoting gold purity, with the carat weight measurement. The carat was adopted in the United States in 1913, and today it is the international standard in most countries. The carat is defined as exactly 1/5th of a metric gram or 200 milligrams. There are about 142 carats in an ounce and about 2,272 carats in a pound. A point is 100th of a carat (or 2 mg.), which means there are 100 points in a one-carat-even stone. So if a dealer says he has a 1.37 for sale, you know it is 37/100ths of a carat over 1.00 carat.

When buying a diamond, it is very important to realize that every point must be included in the total (or net) price of the purchase. This is why diamonds sold on the wholesale level are quoted in terms of price per carat (ppc). Many dealers will assume you know this and expect you to calculate the actual net price. For example, you have a call for a 3U4 carat round brilliant with color, clarity and make (cut) that you specify. Your supplier quotes a .78 carat @ 2000. Chances are the net price on this stone is $1560.00: $2000 per carat multiplied by .78 is $1560 or 2000 x .78 = 1560. If you're not sure, ask if it's net or per carat. Otherwise you may be in for a disappointing loss or confusion about why a price quotation seems so high.

Certification | Diamond Specs | Contact Information

   Selling diamond jewelry to us has always been a safe and seamless process as we have been up to date on market conditions for over 34 years (since 1980). The owner is an author of a self-instructional course and has written many published trade magazine articles in the years past.


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Certification | Diamond Specs | Contact Information

   The owner, Glenn Lovelady, is a diamond cutter and knows diamonds from the rough to the polished. The information on this website alone would qualify as a diamond encyclopedia so be aware that we know this product like very few people do. Be confident that you are dealing with professionals that have many decades of experience.


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Gold Information | Contact Information

   Even though the prices have been very volatile in the metals markets we stay up to date on trends and promise to pay you an extremely competitive price.


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Step 1 | Step 2 | Step 3 | Contact Information

   Timepieces can be a trendy market but we have the knowledge and experience to bid quotes that satisfy our sellers and leave a small profit to run our business. We are not watch snobs so we have expanded broadly outside of the typical "we only buy Patek, Rolex and Cartier" mentality.


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Description | Contact Information

   We are consistently expanding our knowledge and buying power into areas that have been both interesting and very marketable. A few years ago we would have never guessed we would be buying high-end clutch bags and figurines. Feel free to contact us with as much information as possible regarding your valuable small collectible.


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