3 ms·
Significant diamonds still hold their value when resold. It's kind of like art. Spend $5k on some locals work and you might get $50 at a garage sale later on i
by Trundle 9y ago
Significant diamonds still hold their value when resold.
It's kind of like art. Spend $5k on some locals work and you might get $50 at a garage sale later on if you're lucky. Spend $5mil on a big name and you'll likely make it back, maybe profit, when you move it. The high and low end are basically different products that function differently in the market.
It's only shmucks overpaying for mediocre diamonds that lose out.