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Started By
Message
re: how large a diamond is on your wives ring?
Posted on 11/23/14 at 6:45 pm to stout
Posted on 11/23/14 at 6:45 pm to stout
quote:
Diamonds are an artificially inflated market but I know you can't explain that rationally to women. Couple that with divorce rates and it just seems like a horrible investment.
They are a terrible investment, the resale value of diamonds is absolutely shite. Jewelers dont like to even give a few bucks for them they only want to pay you for the gold/silver. Diamonds really are a joke.
3
Posted on 11/23/14 at 6:46 pm to TigerHam85
Total for my wife's ring is around 3 carats.
It only gets more expensive too.
It only gets more expensive too.
Posted on 11/23/14 at 6:46 pm to TigerHam85
1.5 x's monthly salary
Posted on 11/23/14 at 6:46 pm to TigerHam85
Damn that grad school life has been good to you
Posted on 11/23/14 at 6:47 pm to TigerHam85
let me know when you're ready and I'll give you my guy's info
Posted on 11/23/14 at 6:48 pm to TigerHam85
quote:yes
Is it crazy to drop 12-15k on a 1.5-1.75 carat diamond?
Posted on 11/23/14 at 6:48 pm to TigerHam85
I saw pics of you in action last night. Weddings are a great venue to channel the true romance from a relationship. 
Posted on 11/23/14 at 6:49 pm to Tiger Nation 84
quote:
They are a terrible investment,
An engagement ring isn't an investment at all
Posted on 11/23/14 at 6:49 pm to Tiger Nation 84
quote:
the resale value of diamonds is absolutely shite.
Because DeBeers controls the market. Diamonds aren't as rare as they want you to believe. They have millions of diamonds stored in vaults and only release as needed to keep the market price high.
quote:
Diamonds are actually quite rare in the past but not any more. While it's true that the process of extracting diamond is quite laborious (mines move many tons of dirt per carat of diamond found) and that gem-quality diamonds are relatively few (only about 1 in 1 million diamonds are quality one carat stones, only 1 in 5 million are 2-carat; and 1 in 15 million are 3-carat), diamonds are not rare in an economic sense because supply exceeds demand. To maintain the high prices of diamonds, De Beers creates an artificial scarcity: they stockpile mined diamonds and sell them in small amounts. Perhaps De Beers chairman Nicky Oppenheimer said it best: "diamonds are intrinsically worthless, except for the deep psychological need they fill."
LINK
There are now man made diamonds that are better quality than real diamonds for much less and I am not just talking about CZ.
Posted on 11/23/14 at 6:50 pm to stout
quote:I've posted it here before, but there's a great article online telling how DeBeers created the diamonds-for-engagement-rings fad in a 1938 ad campaign b/c they had a glut of inventory to unload
Diamonds are an artificially inflated market
Posted on 11/23/14 at 6:50 pm to yellowfin
I wasnt talking about the engagement ring, we were talking about diamonds and how bad of an investment they are.
Posted on 11/23/14 at 6:51 pm to TigerHam85
I have a great one I can sell you with gia certificate. 3 stones princess cut with platinum band. About 2.25 tcw.
Posted on 11/23/14 at 6:51 pm to yellowfin
quote:
An engagement ring isn't an investment at all
But by the same token the person you are marrying shouldn't really expect you to spend a house down payment on it. $15K is absurd IMO.
Posted on 11/23/14 at 6:51 pm to TigerHam85
quote:
. Is it crazy to drop 12-15k on a 1.5-1.75 carat diamond?
yes, that's stupid as shite
Posted on 11/23/14 at 6:51 pm to stout
quote:
Diamonds are an artificially inflated market but I know you can't explain that rationally to women. Couple that with divorce rates and it just seems like a horrible investment.
Anyone that considers a diamond to be anything other than a sunk cost should be chemically castrated.
Posted on 11/23/14 at 6:51 pm to Tiger Nation 84
Posted on 11/23/14 at 6:52 pm to TigerHam85
Latest appraisal of my wife's was $15K.
The guy who said $3500 for 2 total carats must be poor in both clarity and color.
The guy who said $3500 for 2 total carats must be poor in both clarity and color.
Posted on 11/23/14 at 6:52 pm to HoustonChick86
My phone is acting up.
So it is Almaza Jewelers in the Village. Fantastic people, and solid quality.
So it is Almaza Jewelers in the Village. Fantastic people, and solid quality.
Posted on 11/23/14 at 6:52 pm to stout
Good read stout
Ive read about simulated diamonds before. Good stuff man
Ive read about simulated diamonds before. Good stuff man
Posted on 11/23/14 at 6:53 pm to TigerHam85
1,25. On platinum setting 10K 12 years ago. Just do it."
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