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Are Diamonds a good investment? What can I get when reselling a diamond? Detailed Diamond value-2020
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- čas přidán 11. 11. 2020
- Are diamonds a good investment? Value and Price a big consideration for most when purchasing a diamond, but there is rarely an understanding of resell value. Is the resell value of a diamond important? How do you figure out or understand the value of a diamond you purchased that you are now selling? These are some of the questions answered in this video. From Mine to Market and back, we will look at the value and cost of a diamond.
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If you are curious about diamond values or have ever wondered if diamonds could be an investment, this video is for you!
Remember to subscribe to Your Average Jeweler @Your Average Jeweler to keep learning.
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This wasn't even a full year ago and now you almost have 10k followers ! Your videos are very informative and you make it easy for most of us to understand 😆🙏 I've really been enjoying them lately. I love listening to people talk about gems , so I put your videos on while I paint. Gems are very inspiring and you use a lot of great examples. Congrats on the come up ! 🎉 Good luck with your channel , it'll only keep growing. 😁👍 You'll make it to 10k before you know it. 👏
In India people find gold investment better because they can sell it back in minutes fir the same price or more....instant cash in times of need. You can never do that with diamonds. Return rate for gold is 100% return value to the same shop you bought it from... but diamond are only 75% value.
Thank you for a great video with accurate information 💯💯
Really appreciate your honesty on this.
Very informative and easy to follow 👍
I did listen to the whole video! Really informative. Thank you 🙌
Glad it was helpful!
I'm a real estate agent. Selling 6 acres on Mars for $1000 .. Great deal , Buy from me now Mr. Lozano.
So helpful information, thank you, clears my mind
Thank you! I found all the information i came for!
Great video very informative.
Sweet vid man, keep it up!
Appreciate it!
you answer all my questions thanks
In conclusion, there's nothing special about diamonds and they are horrible investments. Just ask anyone who tried selling their engagement rings. Just remember that jewelers make a living selling diamonds and nothing's wrong with that. An average jeweler would have 100x more diamonds in their inventory than any other gems for sale and that alone should give one an idea of how rare diamonds are not. De Beers controls the market. I am glad to see The Average Jeweler is honest at the end of the video by not recommending that diamonds as good financial investment.
Funny you say that.. but how much was Liz Taylor's estate worth upon death? I believe north of a billion and she held a considerable amount of her wealth in diamonds. Remember, you can walk though an airport with millions in diamonds, but not gold or any other tangible asset. A diverse portfolio is key..
@@muletowndumpsters🤔 yea but isnt elizabeth taylors name and persona really why those particular diamonds were found too be valuable. Similarly if other charismatic types owned it would be found to be valuable. But how about as a singular entity. Meaning can it hold value all on its own. No cool stories behind it.
@@vjiggy81 Sure, when at a fund raising event. But when it comes to money, no one like to lose it. Especially the established rich. They're not going to over pay for this stuff. My wife's diamonds have held value, and I support that by the fact that the insurance company continues to justify their value. Maybe I'm wrong, but typically insurance is a good measurement stick on value, or not.
LOVE THE IDAMOND PILLOW IN THE BACKGROUND!! ON THE SOFA.
Very well considered. New subscriber.
Thank you. This was great.
I love diamonds. Thank you for the info. I do agree.
You will be poor as you get older when diamonds a grown larger in China
I really enjoy and appreciate these videos. They are really helping me learn. Could you please consider doing on on using a rappraport?
I'm glad to hear you are learning! Rapaport could be an interesting video. good thought.
@@YourAverageJeweler thank you so much for your very educational video you just stopped me from making a big mistake twice!!!
@@YourAverageJeweler and you don’t know how much that means to me
Yupp I prefer gold for financial returns rather tha n diamonds or stones
We noticed that the resale of a US diamond has a 200-300% return if sold in Asia. Something to keep in mind if you travel a lot.
Yes correct! Because the asian market/ specifically china is now one of the leading buyers for luxury goods. Back in 2000s it was the americans buying all the jewelry. Guess it moved to asia
A US diamond do you know what you are talking about? Asians won’t pay you 200 to 300 over retail you are under estimated people here
@@michaelgalanos981 over or under estimated? Do you know the difference? If I've under estimated, they'd pay more. I'm in Thailand, and I am correct. Verified a couple months ago.
@@masteryancodesan you're wrong. Under estimating people means you think they are stupid when they aren't. Asian people aren't stupid so you're under estimating them when you think they'd pay 200% more than retail.
@@Intellcast that is not my opinion so it must be yours! ;)
What about other precious stones, such as rubies, emeralds, and sapphires?
Are they a good investment?
What's the source for the "3 carats mined in a year fit into a Softball" idea at 7:58? I haven't been able to verify that anywhere with several search combinations on Google... Please advise.
What is your opinion on old/mine cut diamonds or sapphires? I would love to know!
I cut opals for a hobby and even after a year of research cannot answer the question on whether they are a good investment or not. The way I see it however, is that if you took up skydiving, then the resale value of that experience is zero. Therefore, I can sell the stones I have cut possibly for a loss if times get tough but it is money in the bank. Re diamonds, in really nervous of investing in them because I'm wary of ethics and politics surrounding the stones. I'll happily buy a grown diamond, just because I know for a fact no one has died for it.
Where were you 15 yrs ago, when I lost $60,000 listening from a show on T.V. that starts with a J. I know my father is rolling over in his grave. To this day I feel like a failure. So I must let it go.
But I still have a desire to learn. I truly enjoy listening to you. Thank you. And God be with you. Cathleen
Don’t feel bad, Warren Buffet said the internet was a fad. Also Blockbuster had a chance to buy Netflix for something like 3 million dollars.
What was the show though?
I always think diamond will be good investment thanks for opening my eyes I rather invest my money to something else ..🙁😀
Common sense, diamond is not rarity, it can be created in a lab, gold and other precious metals on the other hand can only be created through exploding stars, the reason why land and gold only grow on value
gold , silver and platinum all needed in computers and energy. copper for EVs, nickel for batteries. Platinum is like 1000x more rare than gold and very energy intensive to mine and only come from 2 places in the world.
What online website is the best to buy certified diamonds or gems ???? 💎
R the Hearts on Fire diamonds more desirable then other diamonds?
Now my friend it's the right time to deal with the real
Diamond backed money
All natural resources backed money
Please let's get to the deal
I look forward to your videos on there's subjects.
P.S. let's keep it moving
noble el
your diamond seller rough only.
Are there any other stones that will grow in investment soon? Like Tanzanite? How much do u think that will grow? Tanzanite is cheap right now... or I think so at least
If I really knew the answer to that I’d be likely doing something different.😜 it’s in many cases hard to definitively predict exactly what pricing will do. Tanzanite for example has gone up and down based on whether they think there’s more of it to be found or if they feel like they’re coming to the end of their deposits. When dealers and vendors suspect a gemstone is running out the prices usually go up, and vice versa. Tanzanite is a little bit lower than it was when people were concerned about the supply, but a lot of Tanzanite being sold especially online is not as vivid and is lower quality Tanzanite. Nice quality Tanzanite that is clean and has vivid saturation is still relatively valuable. The best I can tell you is if you buy a nice quality gemstone that has a higher rarity to it, usually something that’s not treated or one of the more obscure And desirable. A nice piece of natural alexandrite for example or a high-quality untreated ruby. Those are usually the type of stones that will go up more predictably overtime, but I wish I had a crystal ball to tell you exactly which one is the best. If I could’ve purchased a ton of nice quality tourmaline 10 years ago, that would’ve been a phenomenal move at the time. I hope that helps and best of luck.
first of all I want to say thank you so so so much you really did something that nobody will ever think about it maybe other people when they want to do as this video '' about investment diamond '' they might say you go buy and sell it just buy anything you want and you could sell it at '' good price '' but please explain to me what you mean as '' good price '' ? well you will find out you might lost 80% of the value in this video you explain it very well I can give you prove of that when you buy a van clef or like any other famous brands like neckless or diamond ring that cost like 5k-6k $ you lose like 50% at the minimum because when you want to sell it nobody will look at the brand they will need something call ' diamond ' so when you want to invest I agreed when you talked about auctions in the auctions when I see something that has return value or he got investment of it like collection of whatever was cost 60k or 50k at 1926 and now days it's worth 300k so... you might get investment in small money for example 50 carat diamond someone sell it like 1$ and he wasn't know about the value then you can make invest of it there is many reasons it's big topic but when you want to investment in small amount of money it's like 99% to be lucky person that's my opinion and I think I said something right not wrong
I tried to focus specifically on just diamonds for this video. Jewelry investment can be an entirely different discussion with many other variables. As far as what is a good price for a diamond... most are selling it reasonably close in cost, unless you’re talking about smaller diamonds set into random jewelry, then it’s just a matter of what they are looking for within that given piece of jewelry and not necessarily the value of the diamonds themselves. When you’re shopping for a nicer quality diamond most jewelers are not putting a significant amount of markup into it, but it can be good to compare a couple stones next to each other rather than just going off of lab reports. When people strictly trust the paper without looking at the diamonds, that is where I think most are more likely to run into trouble. They think they got a better quality diamond because it says so on a lab report, when in reality it actually looks worse than a diamond that might not look as good on paper. I hope that answers that question. Again, thanks for watching!
@@YourAverageJeweler totaly agreed 👌🏻
Please check the price "evolution" from fancy diamonds. Pink, blue, green, Orange, yellow... only one direction.
In a nutshell - My diamonds are worth more if I remove them from my settings (rings) and resell as stones? Or, am I far off base here?
The diamond itself no, but aspects that you customize or choose for yourself will be more difficult to recoup the value than a nice diamond that most people would want to own.
Hello, you know any jewelry wholesale or a good website to buy jewelry to re sell it? please let me know. thanks!
Sir,am an African I have 3 diamond ready for sell but I don't know where to sell it,for more information if you love it I can show you the video
I feel like a Diamond purchase is a family heirloom. That people who buy Diamond watches and rings should keep those cased up and wear them only at occasions.
That these are things you pass down to the next generation who either sells them as a blessing from the family, wears them, or passes them down.
Can you make a video on ruby zoisite please
theres a documentary about diamonds that explain that the desire about diamonds was pure marketing create by the producers in the 1940 -50 y . Diamonds could be create in labs , gold dont. But the price dont go down
If that was true, there wouldn't be diamonds in every crown, tiara, scepter, etc. made before that date, alas...
Is pink or red diamond a good investment?
If it is natural it could be, but it is very very expensive! most is treated, usually on a few natural reds and pinks mined in a year.
Do high quality diamonds maintain or gain value?
Generally speaking, the nicer and larger a stone is, the more likely to retain or grow in value over time. Of course specific situations can vary, as mentioned in the video, but higher quality stones are just harder to replace. I hope that answers your question.
@@YourAverageJeweler Thanks just making sure
Then why would you buy a diamond new if you can buy it for 50% off used?
So in the end, you'll more than likely recoupe your money on a $70,000 diamond than a $10,000 diamond right? I don't buy hardly anything if I don't get somewhat of a return on it. I think that would be foolish
This man gets it! 👋🏻
The more you spend the better your chances are on getting a good return
You are better off spending $10k on the Diamond and investing the other $60k in almost any other asset or better yet… incoming producing asset.
I think that the worst thing regarding investment in diamonds or any precious stone in general is the liquidity which is very low compared to nearly every investment. You should also never expect any big profit from investment in my opinion.
I bought a 2.52 ct round, color G, Sl2 for 9k solitaire white gold ring. I feel like i got a great deal. I found a used ring and had the diamond removed and had a brand new custom setting built by a jeweler. Appraised value is 21k on the paperwork. What do you think?
As long as it makes u feel good
And u also didn’t mention what u got into it
U got a deal 👏🏻
@@stephenlozada7158 he said he bought it for 9 thousand
There are so many other factors that determine price. Most have to deal with the cut. But if it looks good then it was a good deal. They are meant to look good more so than appreciate in value.
I myself am a hard worker and I like to recoup some of my money and mostly all things but life is short if you look at it as an investment all the time it gets boring buy a diamond for your wife that can lead to your kids and hopefully they never need to use it but if they need some kind of financial support or an emergency they can always sell it and fairly quickly if anything keep the stock market on Wall Street and diamond should be something special for occasions and enjoy it for each building I myself bought several diamonds for over 50,000 and watches upwards in hundreds of thousands we don’t have a crystal ball but I did very well most of my stuff double if not triple in value and I never purchase the stuff for investment it was just me beingSaying kind of dumb because no one ever agreed with me but it’s my money and I bought what I thought was right and yes diamonds do holder value been buying them since my teenage years now in my 40s and still buying we’re not taking twice it will go to my children my son never have to worry about a diamond because daddy took care of it and then some
Idk which is worse… the financial advice or the lack of any punctuation.
They will be worth the gold that they are set in. I like rare gemstones, also worth the gold they are set in ♥
I appreciate your presentation. I wonder if you have a different opinion now that the economy is facing major difficulties. Would you consider diamonds to be like gold?
What can be the value of a 2.05ct diamont. Single no jewelery ?
$3500-65000 depending on clarity, cut and color
You mean to say we should buy vvs quality diamonds if we want to get gud resale value??or solitaires
In the end, I don't feel anyone should be buying a diamond for the purpose of resale or investing. I just don't believe it is that kind of purchase. Most jewelers will give equal credit if your intention is to upgrade in the future ( there are specific programs for this).
But yes, if you buy I "nicer" diamond you will likely recoup more of what was spent .
@@YourAverageJeweler nicer diamond, you mean fancy vivid blue, dark blue or red diamond??
I’m more for diamonds yes not so much the entire business just I feel with it you know. Diamonds vs gold? Diamonds all the time. Honestly I would love to just digest diamonds.
The only diamonds worth buying for investment purposes are rare diamonds. Your typical diamonds, 1-3 ct. are NOT rare, a rare diamond would be like 5+ ct. IF, perfect cut, D color. which is too expensive for most people to buy.
I don't see diamonds as investments per se.. but probably more so as a hedge against the dollar, similar to silver and gold. Obviously, I can't say diamonds are more precious than metals, but can confidently say that I can indeed walk through an airport with a million in diamonds relatively easy.. I can't say the same for cash, precious metals or any other tangible form of value.
What about resale in comparison with gold
Gold is worth its weight in gold lol, there is a reason for that saying lol
What does appraisal value mean?
The appraisal is the price a expert puts on it however at the end of the day it’s only worth what someone is willing to pay
@@oneway4667 so it’s a bullshit price tag
@@BeefZupreme I wouldn’t say it’s bs I’d say it’s in the ballpark they can’t predict the market at the end of the day its more of a educated guess based off of previous sales trends and stuff like that
It’s primarily for insurance
PEOPLE OFTEN THINK THAT WHEN THEY BUY A DIAMOND AND WANT TO TO RE-SELL IT, THEY WILL GET EXACTLY WHAT THEY PAID OR MORE... 5 , 10, 20 YEARS AGO OR MORE. ONLY HIGH PRICED DIAMONDS RETIAN VALUE. DIAMONDS BOUGHT IN A MALL STORE, DO NOT, USUALLY.
Absolutely, my friend had sold his diamond which was given to him bu his grandfather. It was a 7 carrot round diamond, internal flawless. It was sold for a butt load of money .
I BUY MY GOLD FROM A MALL...IT WORTH DOUBLE NOW !!!
@@supernova8962 ofcourse, its gold not diamond.
Well, in conclusion, it's nowhere near gold as investment and this is the very thing I've said to my mom. It's good for the bling though, maybe i ought to think more about those lab-grown diamonds.
Diamonds are NOT RARE. You can fill up a football stadium with all the diamonds in the world. Fine quality diamonds ARE NOT RARE. call up your local Cartier boutique, Van Cleef boutique, Tiffany boutique. They have plenty of 3 carat and larger diamonds to sell you. Yea they don't have enough for everyone in the country but they definitely have plenty to sell you.
It seems people are confusing rarity with extinction. Yes, there are large diamond to be found, but the fact that you need to go to a Cartier, Tiffany’s or Van Cleefs to find a high quality diamond like this regularly in store implies they are not easy to come by. I am certainly not saying everyone needs a diamond or should pay for one. It just seems ignorant how many people complain on the premise that they are sooo common. If you just want diamond, than go buy a blade at Home Depot. But diamonds the average person wants, are such a small fraction of what is mined. Rarity is relative I suppose, but diamond is not so available that we should expect quality/clean diamonds to be “cheap. “ Is be curious what your source is for the football field comparison and what their criteria is, but even so, by consumer standards in today’s world, most things we purchase stretch around world multiple times…And they are not “imperishable .“ I think we just need perspective when complaining about diamonds. I wish they were less expensive, but I am concerned we lose all perspective when someone tells us how many there are and that you can fill an entire football field. I’m just trying to offer perspective and everyone thinks I’m selling diamonds. I have not sold a single diamond to date from CZcams. Because I’m not trying. I’m just trying to educate based on what I’ve observed and know… just saying.
@@YourAverageJeweler please don't feel that i am attacking you or yelling at you cause i am not. I just think the concept of "rarity" is the issue. In comparison to quartz, diamonds are rare. In comparison to Da Vinci paintings, diamonds are not rare. I've been to diamond trade shows that fill up convention centers. Certain African countries have a truckload of fine diamonds in their treasuries. Diamonds are not in scarce supply. I know jewelry stores that replace missing diamonds in pave designs for free. What is rare are customers willing to pay thousands and thousands of dollars for high quality diamonds. Even then the concept of high quality diamonds being rare is an entirely different subject and even then there is an enormous supply of fine quality diamonds. Rarity is often a concept of demand, not supply. DeBeers and other huge diamond suppliers will hold back on releasing diamonds onto the market in order not to oversaturate it and have prices fall. At the end of the day, Diamonds are a commodity just like pig feet.
@@YourAverageJeweler You are 💯 right. If someone is fully educated they would understand diamonds are relatively rare.
Diamond mines are regulated for this to keep diamonds artificially high
What online website is the best to buy certified gems and diamonds ???
Eh I saw a picture a family friend took on a trip home with a double handful of raw diamonds. I mean a single mine I checked up on had 2,720 kilograms of the things(6,000 lb; 13,600,000 carats) There are rare sizes and quality's yes but diamonds themselves? eh there are many things 100,000 times rarer.
and what about diamonds made in labs?.. there is no comparison they are both 100% Diamonds but half the price and not rare
👍👍
I need buyer
That is the main issue with diamonds; color and carat are the biggest issues in future value. I plan on holding on to my 10, 18, and 19-carat pinks. I probably will get rid of my quarter and half-carat whites though.
In 2018 a pink 19carat fetched 50mil
Why don’t you go find one if it’s not so rare?EXCTLY enough said THNK YOU
Sorry, but this price thing you are trying to tell us makes no sense, not every diamonds is individually mined to order, they are mined in bulk, and they are shipped in bulk, by your definition , apples should be as pricey as diamonds, because the are also individually plated and individually harvested to order and then shipped, right?
Let's be real, there are very large amounts of diamonds mined every year, most of them selling with a 1000% margin by the mining company, because they have a monopole on diamond mining.
So yes, fromn a jewler's perspective, they are selling and buying at market value, and its true, bigger diamonds are more valuable, BUT the price is still artificially kept that high.
Also, please yes, there is more mining necessary, to get a big diamond, but they will also mine small diamonds in the process, that will also be sold, so its not that easy!
Most gemstones will keep their value of undergo normal market fluctuation, not so diamonds. Diamond will loose up to 50% of value upon payment...
You make some good points, but at the end of the day it is supply and demand, so personal opinions only change the price if the demand actually changes because of it. Diamonds DO need to be individually cut and finished regardless of whether they were mined together. Also, saying there is a lot of something, doesn't mean that everyone who wants one can get it. If it were easy and everywhere we could all mine our own, or at the very least, a monopoly wouldn't be able to exist. Wanting something to be different doesn't change how it is.
Don't forget security cost to prevent it being thieved!
I think Deflation is a perfect word to use. Diamonds have been used as currency in the past. They still function in that way somewhat.
We are experiencing asset deflation and inflation at the same time. It all depends on macroeconomics that decides which force dominates over a time frame.
Ironically, with low interest rates, it entices the marginal producer of a good (one who would make little profit in business and suffer a loss if interest rates were higher) to come to market with their good. That might be diamonds or gasoline or whatever else. It therefore just barely increases the supply of that good, driving down the price. It also incentives the return seeker or saver to lend their money out to ever riskier ventures to try to demand a return. Therefore, ironically the low prices of interest are associated with commodity production against the force of inflation which leads to hoarding and holding of real marketable products and in the he final phase of the fist currency cycle, commodities themselves.
Keith Wiener presents it much more elegantly than I do
Gold and silver will always be the best thing to invest in other than land
The s and p 500 would disagree
I have diamond and I need buyer
I prefer colored stones. But they are worth nothing when resold.
A have diamond
Frankly, I think not. The price it is artificially pumped up because a handfull of peoples are controllyng all the diamond supply in the world. The do have huge vaults full of raw diamonds and they do not sell to keep the prices up artificially.
Please explain how they can make money if they don't sell, while paying the expense of a building to store the diamonds in. Thanks, my friend.
@@DrSchor They do sell, in limited quantities to keep the prices up. Inform better my friend.
Nothing last forever, except diamond.
I would say no unless they are natural colored diamonds. Black Opals are far more Rare and worth much more than diamonds. Hmmm ive founds diamonds in Arkansas btw so your wrong there. Ive never found a black opal.
I watched this just too see if your view was skewed from being a Jeweler
Sir i have rouh diamon
I.E. diamonds are not a good investment, Unless it costs over $100.000
💍💎💠Women still love real natural diamonds not solely because it is expensive, we love it and keep it for a life time and sometimes pass it on as a heirloom because of the sentimental value and the wonderful memories that we valued attached to it.
And of course if we found out it’s fake there will be a trauma attached to it every time we look at it, & even if it’s real but with bad memories you just wanted to get rid of it.
Woman? World belongs to the man. Now reality change we prefer LAB diamond.
So diamonds lose value
Like most things...it's complicated.
for the most part, yes. There is value of the diamond itself, but also the price someone is willing to pay. Reselling it becomes a pain because everyone will try to under cut you. That's where the diamond loses its value. Forget about profit, you are not even getting your money back.
Most of the diamonds are manufactured in a Lab nowadays .
Your question can not be answer by him because he isn't sure, He has no experience in this field. I worked with people on diamond district in Manhattan. They say diamonds are for suckers back in the 40's and people now.
Diamonds are rare in location only. Not in quantity. They are controlled by 3 or 4 major countries and companies. They have warehouses full of raw diamonds. Fine large emeralds and large untreated Corundum or rubies and Safires are rare. Many other gemstons are even rarer but have no demand in general outside of fanatical collectors.
sounds like the only people that should invest in diamonds are people who are so rich they dont need the money in the first place
This guy don't deal in within the market rate. Thumbs down Diamonds are worthless these days. Diamonds are scams from De Beers.
"Investment" where you would offer 15-20% of the original price for a buy back 😂
Used underwear or an old shoe has a better ratio of "buy" and "sell" price.
I seen a nazi uniform go for about 1,200$
Definitely not rare. Ps5 s are more rare than diamonds. Lol I think the reason people believe they are not rare is because every jewelry store is fully stocked. You NEVER see jewelry stores with even slightly empty cases. And the introduction of lab grown diamonds produced the illusion that they are unlimited cause it’s just heated up and compressed carbons. If it can be created there is no rarity. There is no sense of urgency. It’ll always be there
The mining is free 😅
Call me straight-to-the-point but this guy is annoying only 1:04 in and feel the need to skip
so no .. not a good investment if you're middle class ...
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Get to the point man
😂
Diamonds are a bad investment gold is more better
Buy in Asia sell in the west. Never gonna make money your way
So Diamonds are not rare!
No, not rare... diamonds are now man made
I inherited a ring that was appraised by a jeweler for $5,000 11 years ago. According to the appraisal - 88 carat - $3,700, 12 smaller mounted diamonds totaling .24 carat - $480.00; Metal 24k white gold 8 grams including stones - $820.00
How does that hold up to today's values?
At the time gold was $1,786.70/oz. Can anyone help me sort out what the current value would be?
funny this guy just said a lab diamone wont hold its value as well lol they actually resel with the same percentage loss as real diamond, but here is the kicker , i bought a diamond simulant from nexul lab diamonds , not a lab created but a simulant mind you, it was 2.75 ct. cushion cut and i paid 100 dollars for it , the same simulant today sells for 800 dollars lol i got it ten years ago
I shouldn’t have commented so fast. Diamonds are not rare. Dude. Are you serious. You are 100 percent a jewelry salesman. You 100 percent are lying or don’t know what your talking about. Yes they have bills to pay. But there is a 300 to 400 percent market up on every diamond sold in a store
Black diamonds (treated) are about $700 per carat now. With inflation (thanks Biden) and higher demand, by next year they should be about $1,000 per carat. Last year they were valued at about $300 per carat. I bought mine last year so I made a good profitable investment. I paid about 30% retail/appraisal value.
Diamonds are worthless. Do not buy. End of story. The gold on the ring is worth more.
just stop with how rate diamonds are lol a Ruby is 100,000 times more rare then a diamond
the truth is diamonds are a very bad investment period