Yes Fedex and UPS has insurance. I guess I should have rephrased my post to really say "what are the chances it arrives" lol. It would be a real pain in the arse going through the dog and pony show in retrieving the money especially if I was under a time constraint on when I was going to China.
I was thinking that jewelry isn't exactly something that one sees being shipped a lot.
then how does it get to the store?
LOL good one. I dare say the procedure for shipping large quantities of diamonds to the retail distribution houses might be a bit more of a secure process as compared to one diamond at a time to an individual via Fedex or UPS. I am not in the business, but if a percentage of my capital is tied up and relies on the sale of said diamonds to free up my capital plus some, then I will sure have a secure process. AND like cash I would venture to say that they (diamonds) can be hard to trace if stolen.