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re: Any jewelers- Diamond ring resale value

Posted on 8/21/22 at 8:13 pm to
Posted by EA6B
TX
Member since Dec 2012
14754 posts
Posted on 8/21/22 at 8:13 pm to
quote:

Diamonds are not rare. Companies keep them locked away and only release 1/20th of them to keep supply down. So glad my wife hates jewelry. Diamonds are a waste of money.


At one time DeBeers was spending a couple hundred million a year on ad campaigns designed to convince women that if the guy didn’t spend x times salary for a diamond they don’t love you, and thatvs used/preowned diamond was basically worthless.
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