Consumer Reports: Avoid jewelry rip-offs - Action News 5 - Memphis, Tennessee

Consumer Reports: Avoid jewelry rip-offs

Posted: Updated:
  • News on WMCTV.comNewsMore>>

  • Southaven leaders to discuss outlet mall plans

    Southaven leaders to discuss outlet mall plans

    Monday, April 21 2014 8:54 AM EDT2014-04-21 12:54:01 GMT
    (WMC-TV) – City leaders want to build Southaven's first outlet mall at Interstate 55 and Church Road and there are hundreds of jobs and economic growth at stake. It's the city leaders' turn to discussMore >>
    City leaders want to build Southaven's first outlet mall at Interstate 55 and Church Road and there are hundreds of jobs and economic growth at stake.More >>
  • Volunteer Odyssey receives $10,000

    Volunteer Odyssey receives $10,000

    Monday, April 21 2014 8:51 AM EDT2014-04-21 12:51:29 GMT
    (WMC-TV) - During its 100th anniversary tour, Chicken of The Sea donated $10,000 to help fund Volunteer Odyssey during tonight's Memphis Redbirds game. The group helps provide week-long experiences toMore >>
    During its 100th anniversary tour, Chicken of The Sea donated $10,000 to help fund Volunteer Odyssey during Saturday's Memphis Redbirds game.More >>
  • Bang for Your Buck: Spend your tax refund wisely

    Bang for Your Buck: Spend your tax refund wisely

    Monday, April 21 2014 7:57 AM EDT2014-04-21 11:57:40 GMT
    (WMC-TV) – Tax season has come and gone for most of us, which means if you are owed a refund, you either have it by now or are expecting it soon. In this segment of Bang for Your Buck WMC Action NewsMore >>
    Tax season has come and gone for most of us, which means if you are owed a refund, you either have it by now or are expecting it soon.More >>
MEMPHIS, TN -

(CONSUMER REPORTS) - In the market for some jewelry this holiday season? Unless you're a gemologist, you probably can't tell what's real from a fabulous fake. Consumer Reports Money Adviser can tell you how to get a great deal on jewelry and avoid costly rip-offs.

How pure is that gold bracelet? Maybe it isn't even real! Emeralds can often be enhanced by filling them with oil. But over time, the oil can leak out. And a diamond can appear more brilliant through what's called fracture-filling. But that also makes diamonds more likely to shatter, so you have to be careful when they're repaired and cleaned.

You should ask whether a gemstone or a diamond is imitation, treated, or synthetic. And if the jeweler can't or won't tell you, that's your cue to shop somewhere else. Buying gold? Look for a karat mark, which indicates quality, and a manufacturer's trademark, so you know whose work it is.

But Consumer Reports Money Adviser's top tip for protecting yourself is to deal with a reputable company. Members of the American Gem Society must abide by a strict code of ethics. You can go to the AmericanGemSociety.org to find a reputable jeweler in your area, as well as anywhere in the country.

Whatever jewelry you buy, make sure you get the details in writing. Consumer Reports also says to consider an appraisal from a certified jewelry appraiser. And be sure the return policy gives you at least enough time to return something if it isn't what you expected.

Copyright 2013 WMC-TV. All rights reserved.
Powered by WorldNow