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The article touches on that: * Marketing to discourage such sales ("a diamond is forever" "a diamond is a family heirloom") * Few people would be willing to
by dmitrygr 7y ago
The article touches on that:
* Marketing to discourage such sales ("a diamond is forever" "a diamond is a family heirloom")
* Few people would be willing to sell something for 1/3 - 1/5 of what they paid for it if said item in no way degraded. It just sucks psychologically
- AnimalMuppet 7y agoBut if the second-hand diamond market existed, then they would only have bought it for 1/3 to 1/5 of the current price, too. (You could still face that problem getting the market going in the first place...)
- dmitrygr 7y agoDeBeers used to mandate Jewelers do not buy used diamonds under threat of inability to buy new ones from them