Coster Diamonds Ripoffs and Lies Sold us two diamonds for 15,000Usd now worth under 5,000Usd, Overvalued and Overpriced Amsterdam, Netherlands
So this is whom we are are reporting: COSTER Diamonds, Amsterdam, Netherlands. You can see it at costerdiamonds-ripoffs. Who are they: apparently they are experts in selling Overvalued, Overpriced diamonds to naive customers like YOU and me!
Case facts:
1995 - We Purchased 2 Diamonds from Coster Diamonds for approx 15,000Usd.
2010 - We Tried selling said Diamonds for at least that amount (as we all know, diamond prices have appreciated at least 90% over the past 15 years).Surprise, both diamonds where OVERVALUED (the certificates fraudulently gave both stones much better grades then the reality).
The New York GIA gemological institute confirmed LOWER grading for both stones, reducing sale value by at least 50%. We did it twice, to make sure!To make is worse, it is now obvious that Coster Diamonds OVERCHARGED at that time (even with their in-house fraudulent grading, they overcharged 50% at least).
After paying 15,000Usd in 1995, we cant get even 5,000Usd for both stones today. Now that's FRAUD!
We contacted Coster Diamonds and their Management replied Coster Diamonds has no Policy to buy back diamonds" and forget about them admitting they kind of surely LIED to us and Ripped us Off.So they continue CHEATING and SCAMING naive tourists and customers like you:
see other caseshttp://www.ripoffreport.com/jewelry-stores/coster-diamonds/coster-diamonds-more-expensive-ff4df.htm)
Don't buy from Coster Diamonds, ever! And please let us know if YOU had or heard of such other real stories... NOTE: if YOU are the Tour organiser, think about this: YOU are liable to be sued over complicity on this running fraud, as you are getting a cut of the business. Liable.