3 ms·

> As soon as you leave the jeweler with a diamond, it loses over 50% of its value. If someone can point out a place where one can purchase a diamond for half o

> As soon as you leave the jeweler with a diamond, it loses over 50% of its value. If someone can point out a place where one can purchase a diamond for half off retail price, please do so.

KingMachiavelli 6y ago
Pawn shops?
jameslk 6y ago
I'm no expert in this, but I'd assume this works the same way as any other market for used items: those who will resell your item will pay a lot less for it so there's margin for them to make a profit.
mrpigeonpants 6y ago
Almost half of all marriages result in divorce, so Craigslist is a good place to start. You'll want to have the item evaluated at a reputable jeweler, and work out a fee in advance, but you can save a fortune that way. I think the mindset for a lot of sellers is that they just want to put their past behind them and aren't concerned with getting top dollar.
rkho 6y ago
https://www.idonowidont.com/ https://www.idonowidont.com/ Here we go. First two rows of results: - A $9200 solitaire diamond ring going for $4700 - A one carat engagement ring originally priced at $2500 going for $650
redis_mlc 6y ago
I had a roommate who was a mfg. jeweller. Just go to the diamond district in your town and grab somebody having lunch. (For trade and security reasons, there's usually one or two buildings downtown that specialize in the diamond/jewelry trade.) (In LA and Toronto, often Vietnamese men work in this trade because they didn't need certifications or English skills after the Vietnam war.) Ask for the smallest diamond in the color your want where "I can see the fire."
mcv 6y ago
With such inflated prices and a lack of resell channels, you'd think the diamond market would be great for a healthy second-hand market. Why is there none yet? But it's still better not to buy into the scam in the first place. I'm not American, and Dutch culture has no special preference for diamond rings. (Just plain gold wedding rings.) Or at least didn't; it wouldn't surprise me if this scam has also been crossing the pond like so many other questionable ideas.
- xwolfi 6y ago
  I had to fight my Chinese wife's tooth and nail not to play in that shame game "but everyone else has a huge diamond ring". My god, get it yourself, it's just a ring, I won't do like some friends who borrow on 5 years to buy one so big the girl is scared to wear it and put it in a safe... I bought her a small 300 euros one, she found it almost insulting but after a month, stopped wearing it "because it's a bit heavy" and "it's just a ring, it's true it doesn't really matter". 5 years later, we're still married with a child and she wouldn't even remember where she put the "diamond".

> As soon as you leave the jeweler with a diamond, it loses over 50% of its value. If someone can point out a place where one can purchase a diamond for half off retail price, please do so.

KingMachiavelli 6y ago

Pawn shops?

jameslk 6y ago

I'm no expert in this, but I'd assume this works the same way as any other market for used items: those who will resell your item will pay a lot less for it so there's margin for them to make a profit.

mrpigeonpants 6y ago

Almost half of all marriages result in divorce, so Craigslist is a good place to start. You'll want to have the item evaluated at a reputable jeweler, and work out a fee in advance, but you can save a fortune that way. I think the mindset for a lot of sellers is that they just want to put their past behind them and aren't concerned with getting top dollar.

rkho 6y ago

https://www.idonowidont.com/ https://www.idonowidont.com/ Here we go. First two rows of results: - A $9200 solitaire diamond ring going for $4700 - A one carat engagement ring originally priced at $2500 going for $650

redis_mlc 6y ago

I had a roommate who was a mfg. jeweller. Just go to the diamond district in your town and grab somebody having lunch. (For trade and security reasons, there's usually one or two buildings downtown that specialize in the diamond/jewelry trade.) (In LA and Toronto, often Vietnamese men work in this trade because they didn't need certifications or English skills after the Vietnam war.) Ask for the smallest diamond in the color your want where "I can see the fire."

mcv 6y ago

With such inflated prices and a lack of resell channels, you'd think the diamond market would be great for a healthy second-hand market. Why is there none yet? But it's still better not to buy into the scam in the first place. I'm not American, and Dutch culture has no special preference for diamond rings. (Just plain gold wedding rings.) Or at least didn't; it wouldn't surprise me if this scam has also been crossing the pond like so many other questionable ideas.

xwolfi 6y ago
I had to fight my Chinese wife's tooth and nail not to play in that shame game "but everyone else has a huge diamond ring". My god, get it yourself, it's just a ring, I won't do like some friends who borrow on 5 years to buy one so big the girl is scared to wear it and put it in a safe... I bought her a small 300 euros one, she found it almost insulting but after a month, stopped wearing it "because it's a bit heavy" and "it's just a ring, it's true it doesn't really matter". 5 years later, we're still married with a child and she wouldn't even remember where she put the "diamond".