Purchasing Ring Insurance: The Right Decision September 29, 2008
Posted by Jill Renee in : Jewelry Care , 3commentsHave you ever thought about purchasing insurance for your ring? If you have insurance for your home and car, would it stand to reason that you should also insure your jewelry? I’m sure you value your jewelry as much as you value your home or car, if not more, but buying insurance for a ring is not necessarily an easy decision for everyone. Many factors need to be weighed.
There are two main ring insurance policies: a floater insurance policy and a standalone policy. In a floater policy, if something happens to your ring, you either get the value of your ring back in money or you are given a brand new ring. A standalone policy has a very important difference. In a standalone policy, a jewelry appraiser will appraise the value of the ring. Some policies will also cover damage .You can purchase your ring online and it often comes with an appraisal or you can ask your local jeweler for an appraisal referral. You will get the appraisal value of the ring if you need to replace it.
There are several different insurance options, and it is best to read all the details of your policy because they will change from company to company and state to state. A general guideline is that the insurance should cost about $10 for every $1000 dollars of value. For example a $10,000 engagement ring should cost about a $100/year to insure.
You could of course choose not to insure your ring. This is a gamble, but it obviously is the least expensive option, and if you plan on taking extremely good care of your ring, then it may be the best one for you. The odds of a ring being stolen or lost are very low but it does happen. I think everyone knows someone who has lost a piece of jewelry either through theft or accident.
If you can afford to replace your ring without having insurance, you may want to go without it. However, this is not something I would recommend. I have accidentally thrown away a very expensive watch and lost a ring in the ocean when a small child was squeezing my hand! I was very happy to rely on my insurance policy both times.
Another way people damage their ring is with chemicals. It is always best to remove your rings and all jewelry if you believe you are going to be around chemicals or paint. It is best to not attempt to paint your home with a sapphire and diamond ring on your finger. You’ll just be asking for it to get damaged. So if you believe in finding a practical solution to the question of whether or not you should insure your diamond ring, you may find that the solution that fits you best is to not get your ring insured at all. But if you want to remain on the safe side, then by all means, purchase ring insurance.
And be sure to check out our selection of diamond engagement rings so that you can determine what ring you wish to purchase that insurance for
How a Diamond Ring is Made at Danforth Diamond September 16, 2008
Posted by Jill Renee in : Jewelry , 4commentsAt Danforth Diamond, all of our engagement rings are made to order. A skilled jeweler crafts each and every engagement ring and you will see the difference in our product. Because of this, most of our engagement rings take seven to ten business days to produce. Watch the video below to see the Birth of Your Ring!
Danforth Diamond Offers Eco-friendly Jewelry Made from Recycled Gold, Platinum & Other Metals September 16, 2008
Posted by Jill Renee in : Buying Jewelry, Eco-Friendly Jewerly, Press Releases , add a commentHarmony Recycled Precious Metals used to manufacture green engagement jewelry – everything from recycled platinum engagement rings to recycled palladium wedding bands for women & men.
Midlothian, VAÂ September 16, 2008 — The extensive collection of engagement rings and wedding rings offered by Danforth Diamond are now made from 100% recycled precious metals. Danforth Diamond partnered with jewelry manufacturer, Hoover & Strong, an industry leader in eco-friendly jewelry manufacturing and refining, to provide a green jewelry option to the marketplace.
 The timing of those requests was uncanny and they confirmed a need for eco-friendly jewelry that wasn’t being met  |
As jewelers seek ways to be more eco-friendly and find alternatives to mining, recycling precious metals has become increasingly popular. With the slogan “Our jewelry is refined – not mined” Danforth Diamond emphasizes that while mining displaces earth and upsets the ecosystem of the area being mined, refining precious metals uses far fewer resources and has a lesser impact on the environment. “There is no difference between recycled metal and newly mined metal,” states Jill Renee, president of Danforth Diamond. “Both offer the same quality, durability, and shine. I believe this isn’t a trend; it’s the new way of doing business. There is no reason why all jewelry can’t be made from recycled material.”
Harmony Recycled Precious Metals takes unwanted or damaged jewelry, shavings and metal lost during the jewelry manufacture and crafting processes, and scrap precious metals from industrial uses and recycles them. The metals are melted down to separate them – the precious metals are separated from alloys that were added to provide strength or shine – and then all are reused in the manufacturing of new “green” jewelry pieces or other items.
Approximately 90% of the products on the danforthdiamond.com site carry the Harmony Recycled Precious Metals designation.
Prompting their search for a jewelry manufacturer who uses recycled metals, Danforth received several emails from customers and comments on the Danforth Diamond Blog asking about recycled metal jewelry options. “The timing of those requests was uncanny and they confirmed a need for eco-friendly jewelry that wasn’t being met,” Jill Renee said.
The use of Harmony Recycled Precious Metals reiterates Danforth Diamond’s commitment to people- and earth-friendly jewelry. They are a member of StopBloodDiamonds.org and are in compliance with the Kimberley Process Certification Scheme which certifies the origin of diamonds to make certain they are ethically sourced and conflict free.
Jill Renee added, “Danforth Diamond’s commitment to our customers is to provide engagement jewelry pieces that are as socially and environmentally responsible as they are beautiful.”
A Danforth Diamond Engagement Tale September 4, 2008
Posted by Jill Renee in : Destination Proposals, Engagement Rings, Jewelry, Proposing Marriage , add a commentEvery so often, Danforth Diamond recieves letters from customers who desire to share their engagement experience. When we checked the Danforth mailbag in August, we came across this intriguing tale about a couple who became engaged on the Great Wall of China. The contents of the letter have been reprinted below for your enjoyment. A close up of the ring is below, click the image to view the ring on our site.
Mert and I are now officially engaged! After many pretend proposals, Mert this time pulled out a real ring and proposed to me on my 30th birthday on the Great Wall of China and OF COURSE I said YES! What an amazing day. Mert arranged a private tour of the Summer Palace and the Great Wall, both magnificent places in Beijing! I didn’t suspect a thing, figured it was all for my birthday! He played it cool the whole time.Â
Along our journey of the Great Wall, we reached the 18th tower (out of 20) and I didn’t want to go any further b/c it was hard already, & getting to the last 2 towers was going to be crazy, it was already hard to breathe as it was and we had a LONG way back. Mert and I climbed to the top of the tower, he gave me a hug and I felt his heart pounding like crazy and I said, “why is your heart pounding so hard…we’re definitely not going any further…” then he said “for a good reason”, then said some wonderful things that I will cherish forever and asked me to marry him and pulled out a GI-NORMOUS diamond that he’d been carrying around all day. We shed some tears out of shear bliss and excitement…there was barely anyone on the wall, the first sighting after the proposal was a group of people who turned out to be from NBC Utah…I screamed out “we just got engaged” and they congratulated us and asked if they could interview us for Utah tv…It seemed like all a blur, we told our story while they filmed. After she gave us a business card and we will be able to view it online!Â
I said, “why is your heart pounding so hard…we’re definitely not going any further…” then he said “for a good reason”
We then started our big hike back to the cable cars…they were closed…then we climbed down to the 6th tower, where the chair lift and slide (yes I did say a slide down the hill from the Great Wall, obviously which wasn’t there in the 5th century BC?) were also closed.Â
We were beside ourselves…we would have to walk all the way down the hill down a trail…It had been such a long, exciting, and cardio-filled day and we couldn’t imagine going any further…did I also mention, we hadn’t seen a soul on the Wall for a hour or so…we sat down for awhile, caught our breathe and finally decided to tackle the hike down, then all of a sudden a sweet Chinese man popped his head out and said Ne Ho (Hello)..he worked at the chair lift/slide…we begged (with sign language since they didn’t speak english) and money to let us on either ride down, he asked this other guy..they said no…then long story short Mert showed his Olympic ID (which has gotten him and sometimes me in for free everywhere) and they did some convincing to the people at the bottom and finally they let us take the chair down! they didn’t accept our money…we were pretty thankful and what a beautiful ride down.
What a day, what a birthday, what an amazing life! We both feel so blessed to have met each other and thank God for each other every day!Â
Thank-you for sharing in our happiness!
What a story! You can check out the couple’s video interview on the local news here. If you have a special engagement story you’d like to share, we’d love to hear it. Email us at experts [at] danforthdiamond [dot] com. And be sure to check out our collection of diamonds and engagement rings so that you can find the perfect ring to include in your story.
