Buying Diamonds Online From Bidz.com
If you are like many people you have come across numerous websites selling diamonds online at
ridiculously low prices. Their sales pitch is the usual, “We don’t have a brick and mortar building and
therefore we pass the savings on to you…” It sounds plausible to any sane person; however, their prices are so
low, them seem TOO GOOD TO BE TRUE!
When you see diamond prices and other fine jewelry in which the prices are unbelievable, make
a mental note; YOU will receive cheap stones, plastic stones,
knockoff watches and other cheap fashion jewelry.
We have researched many of the online jewelry marts and some of them we feel compelled to
write reviews about because we care about you and don’t want to see you duped along with others. Since we keep
receiving numerous requests about buying diamonds online from Bidz.com, we decided to respond.
As always, our measuring rod starts with the quality of a company’s merchandise. We want to
know what grade of diamonds are they selling? Is it Walmart and Target grade? Is it fashion jewelry that they
are passing off as fine jewelry? Next, we want to know what type of diamond certificate are they providing with
the purchase? How long do you have to return the merchandise if we find that they misrepresented themselves on
the website? And finally, what are their customers saying? Has anyone filed legitimate complaints against them?
Are there websites dedicated to warning consumers about buying diamonds from them? Having shared those points,
let’s examine Bidz.com.
Advisory#1 About Buying Diamonds Online From Bidz.com
The first thing that should be alerted to is the price discrepancy that is easily refuted. For
example on September 19, 2008 at approximately 11:46pm EST, I was at the Bidz.com and saw a watch they listed as
a, “AQUASWISS STEEL Brand New Gents Day date Swiss Quartz Watch.” For those of you who don’t know Aquaswiss is a
well-known brand of Swiss sport watches that average around $1000 to $4000.00. These watches are worn by a lot
of professional athletes and scuba divers. On the Bidz.com website, the supposedly $1400.00 Aquaswiss watch sold
for a paisley $69.00!
Ok, people, let’s be R-E-A-L! If you knew that you could buy an authentic Swiss watch with an
irrefutable value of $1400.00 at the ridiculously unbelievable price of $69.00 plus shipping, how many would you
buy? I would get everyone of my family members and friends buying up these watches. Do you see the markup
potential? It’s astronomical!
Ok, now stop salivating because if you contacted the owner-maker of the original and genuine
Aquaswiss watches, Ian Afshar, you’d quickly find out that the websites offering these purportedly $1400.00
Aquaswiss watches at $69.00 to $100.00 are not the genuine Aquaswiss watches found on Aquaswiss.com, made by the
Afshar family. I challenge anyone to dispute that fact!
Advisory#2 About Buying Diamonds Online From Bidz.com
The way the Bidz.com website is set up, it really looks like the jewelry is actually what they
say it is. That is if you don’t read the small print and are going strictly by the pictures. For example, on
September 19, 2008, at 12:11am EST, they were auctioning a, “Irresistible Ring With 0.50ctw Genuine Heart Cut
Diamond Well Made in 14K White Gold- Size 7 We Can Resize from 6 to 8 - Certificate Available. ** compare:
$9,809.00.” The highest bid won at $823.00.
Wait a minute! Hold the horses! Stop the train! Are you telling me that it is possible to
purchase a ring authentically worth almost $10,000.00 for $823.00 plus shipping? The answer is, “Absolutely NOT,
a thousands times no, no way Jose!”
No legitimate jeweler is going to sell a 10k ring for $800, even if they are going out of
business and even if they are seriously strapped for cash. They can wholesale pieces like that to other jewelers
and not even deal with anyone on a retail scale. I promise you… if the person who won that bid takes that ring
that website purportedly claims is worth around 10k, to get it appraised by a certified jewelry appraiser, they
are going to be sadly disappointed and potentially furious. NO one sells a 10k ring for $800, not even drug
Advisory#3 About Buying Diamonds Online From Bidz.com
Bidz.com states on their website that you can order a "Gem and Jewelry Report Available at
Checkout." There are a number of issues… Number 1, they don’t spell out the actual type of REPORT a buyer will
receive. Is it an authentic GIA diamond certificate? If its not, as we say in the fine jewelry business, “You’ve
just got burned!”
Never but never buy an expensive diamond without investing in a diamond certificate. If any
jeweler attempts to persuade you to accept their diamond report as valid, just walk away… and don’t forget to
take your money with you! The whole manner in which Bidz.com sets up buyers with their diamond report is
Here’s the bottom line folks and don’t ever forget this; if the diamond report/certificate
does not come from one of these two sources listed below, you can be sure the jeweler, dealer or seller has
inflated the price of the diamond tremendously or they are misrepresenting what they are selling.
Yes, there are other diamond certification labs, but they simply aren’t worth your time
because many of them are known to have unreliable diamond grading techniques.
Advisory#4 About Buying Diamonds Online From Bidz.com
The Bidz.com “Return policy” has a lot to be desired; 15 days from the date of receipt. In
addition, you must pay the shipping charges, plus a hefty 15% re-stocking fee. Realistically, 15 days from the
date of receipt is simply not enough time to acquire a genuine diamond appraisal from a certified third party
Advisory#5 About Buying Diamonds Online From Bidz.com
The complaints about Bidz.com just keep rolling in! If you go to the well respected websites
such as: the Ripoff Report, Epinion. you’ll find a slew of furious Bidz.com customer who found out after the
fact, that THEY GOT BURNED! Read this e-mail from a duped Bidz.com customer who lie many others, thought he was
getting the deal of the century.
I bought an item from Bidz.com for $690.00 plus shipping that they appraised just
over 6,000.00. I was all set to propose to my fiance but first, I took the ring to a jeweler and
had them perform a GIA grading report for insurance purposes. My heart sunk to the floor when he
shared the results with me. They are as follows:
This is definitely an industrial quality diamond
The grade is so low, you can't see through it with a 10x loupe
Because its an industrial grade diamond, it has no sparkle
There was no stamp to identify the carat of gold the ring was set in
He compared the diamond to a Cubic Zirconium
He compared the ring to costume jewelry
True value of the ring, estimated around $40.00
He said to me right before I left his office, “Let this be a lesson, albeit, one
learned the hard way, that if it seems to good to be true, it is… if you respect yourself, you
won’t present this costume jewelry to your wife to be.” Thinking I could recoup some of my loss,
I took the ring to a pawnshop. Those guys laughed at me and then sternly accused me of trying to
get over on them. Do yourself a favor and stay away from Bidz.com unless you don’t mind wearing
or presenting cheap jewelry to others.
We could show you hundreds of such e-mails and to make matters worse, the BBB, Better Business
Bureau has given Bidz.com an F Rating. Based on what you’ve read, would you buy from Bidz.com?