mikelax Offline Upload & Sell: Off
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sfr002 wrote:
rmric0 wrote:
sfr002 wrote:
Diamonds are an investment not like a car. As soon as you take it out of the store it doesn't lose value.
A car however has a practical function, and try selling the ring back to the store (not returning it) you're not going to get 100 percent since they're not going to pay more than wholesale for your diamond. Diamond valuation can also be surprisingly subjective since it's not a commodity like gold or some people's photography. Evaluation can be tougher if a diamond is in a setting, so they have to shave some cost off there as well since styles change.
The artificial ones keep getting better and better, and that's not going to do well for the monopoly that currently serves to artificially control the market.
An engagement ring is of course something more than its constituent components, it is the expression of a bond between two people. The fact that we can all be so mercenary about that symbol really degrades us all.
I mean no offense, you might get lucky with your ring by starting with a great deal and then get even luckier in finding a buyer sometime down the road.
I agree it is a symbol of a lifetime commitment that should last forever like a diamond. I recently got engaged and we decide to just get a 1.5k solitaire in a simple setting just like the one pictured. We decided get a larger diamond that she will be satisfied with and wont have to upgrade and can get a different setting for an anniversary or something.
Im sure I will get back what I paid because I had a great jeweler and the ring was appraised for 2500 more than I paid, so I can't complain.
I feel like all jewelers will appraise the ring they just sold you for more than you paid to make you think you got a good deal. I have yet to hear someone say the diamond appraised for what they paid. Remember the extra appraisal affects what the insurance costs for the diamond.
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