People have enjoyed jewelry throughout history. It has been given as gifts and as a symbol of relationships. It is not only a beautiful accessory, it helps identify a person. Jewelry can be a very expensive investment so making a wise decision on your jewelry purchase is important to make sure the jewelry is of a good quality and (most importantly) that the recipient is happy.

The Clarity of a Diamond. Out of the four C's this is probably the most difficult for an ordinary person to distinguish when looking at a diamond earring, but is possibly the most important. The clarity determines how brilliant or dull the diamond will be depending on how much light can reflect without the disturbances of flaws (also known as inclusions). There are 12 different symbols that are used to describe the clarity of a diamond. An "F" denotes that the diamond is flawless while at the other end of the spectrum, an I3 explains that a diamond has obvious flaws that are easily seen with the naked eye. The ten grades in between these two describe how easily flaws can be seen and with what type of magnification.
THE GRADE BUMPING DIAMOND SCAM: A jeweler exaggerates the grade. The FTC says that a jeweler must be accurate within one grade of color and one grade of clarity on a diamond. So many jewelers bump the color and clarity just one grade. Unfortunately, this can mean a great deal of money if you are talking about a fine-quality, 1-carat diamond. For instance, you might find a stone that the jeweler quotes as a 1.00 carat F color / VS1 clarity for $6,500. However, if you sent it to a reputable gem lab like GIA, it would come back as a G color / VS2 clarity, which is only worth about $5,500. This means you lose (and they profit) about $1,000.
Types of colours of diamonds: When minerals are mixed in nature with the diamond, it gives the characteristic color for the diamond. Based on the type of mineral that is mixed, we can classify the diamonds in to many types. The following are the colors that are found in the diamond.
Yellow: this color is formed when Nitrogen is combined with diamond crystals.
Blue: During the formation of the diamond if elements of Boron are mixed then the diamond will be in blue color
Green: Green color is caused due to a missed out atom in the lattice of atoms.
Brown: Any dislocation in the lattice of atoms causes brown coloring in the diamonds.
Pink: Dislocations in the lattice missed out atoms, and some impurities that are non-nitrogen causes pink color in diamonds.