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QUESTIONS MOST FREQUENTLY ASKED
1. Do I need to have experience in the diamond industry
in order to enroll in The Diamond Institute, Inc. ?
No, absolutely no experience, prior education, or
training is needed in order to enroll in our program. It is designed
to benefit anyone who has the interest and desire to learn the
exciting, rewarding, and profitable field of cutting and polishing
diamonds, from the novice to the full time professional.
2. What makes The Diamond Institute, Inc.'s program
so unique ?
No organization generally available to the public
has ever offered individuals this type of opportunity to participate
in the diamond cutting trade. It is the intention of The Diamond
Institute, Inc. to teach diamond cutting and polishing as well
as good business practices and ethical considerations of the diamond
industry. Previously, only a few small shops have offered diamond
cutting apprenticeships for exorbitant fees and lasting from 18
months to two years, after which one becomes a salaried employee.
3. Where can I polish diamonds after I graduate ?
The diamond polishing equipment can easily fit in
a spare room at home or a small office.
4. Where can I purchase pre-formed, rough diamonds
to polish ?
Sawn and bruted diamonds of various sizes and quality,
ready to be cut and polished, may be purchased at any time and
in any quantity from The Diamond Institute, Inc. at the prevailing
cost of rough plus a flat fee for plotting, sawing, and bruting.
Market price varies based on supply and demand and the position
of the U.S. dollar internationally.
5. Who will buy the diamonds I have polished ?
There is a huge demand for quality cut and polished
diamonds throughout the United States as well as worldwide. The
United States is the largest consumer market in the world for
polished diamonds, and imports in excess of 12 million carats
per year from other countries. Diamonds polished by graduates
of The Diamond Institute, Inc., may be marketed and sold to any
reputable, bona fide retail jewelry store, wholesaler or dealer.
6. I live in a rural, remote area. How will I be
able to sell cut and polished diamonds ?
Location is irrelevant to success in this field,
as diamonds can be polished anywhere and shipped by mail to any
other area.
7. How much money can I expect to earn ?
Graduates of The Diamond Institute, Inc. will be
able to cut and polish at least two diamonds per day on their
own equipment, and eventually 4 or more diamonds per day after
a few months. An independent projection of profitability is available
on request from The Diamond Institute, Inc.
8. Can I learn more about The Diamond Institute,
Inc. before I make a commitment ?
Additional information may be obtained by contacting
The Diamond Institute, Inc. during business hours at (360) 928-0134, E-Mail, Sofus Michelsen or by writing to us at PO Box 1782, Port Angeles, WA 98362. Please
call us if you wish to make an appointment to visit our facility
and observe a class in progress.