4 ms·
Diamonds have little resale value because of high retail markups, on top of previous De Beers monopoly price controls. If someone paid $3000 retail for a ring,
by himom 8y ago
Diamonds have little resale value because of high retail markups, on top of previous De Beers monopoly price controls. If someone paid $3000 retail for a ring, good luck getting $700 for it.
- 6nf 8y agoIf that is true, where can I buy second-hand diamonds for a fraction of the cost? I've looked and I can't find any.
- astura 8y agoPawn shop? I don't know if they actually do this but I imagine if you sell your ring to a jeweler they can send it off for the band to be melted down the stone to be polished and re-set so the resulting ring is resold as "new."
- gowld 8y agohttps://sfbay.craigslist.org/search/jwa?query=diamond+engagement+ring&bundleDuplicates=1&max_price=1000 https://sfbay.craigslist.org/search/jwa?query=diamond+engage...
- 6nf 8y agoHmm I cant seem to find any listings that include the colour or clarity so I assume those are all pretty low value diamonds anyway?