3 ms·

> I can picture diamond cartel PR departments salivating over this story. I don't doubt it. High valuations for diamonds take a lot of upkeep (I used to be adj

> I can picture diamond cartel PR departments salivating over this story. I don't doubt it. High valuations for diamonds take a lot of upkeep (I used to be adjacent to the trade back in the 90s/00s). This is an interesting article: The Diamond Trade: De Beers, Russia, and the Industry Today (2016) https://econ243.academic.wlu.edu/2016/02/16/the-diamond-trade-de-beers-russia-and-the-industry-today/ https://econ243.academic.wlu.edu/2016/02/16/the-diamond-trad... This is also worth a read, esp re marketing: ‘A Diamond is Forever’ – History of Diamond Marketing (2019) https://blog.jake.co.uk/a-diamond-is-forever-history-of-diamond-marketing/ https://blog.jake.co.uk/a-diamond-is-forever-history-of-diam...

throw0101a 6y ago
And don't forget the classic 1982 "Have You Ever Tried to Sell a Diamond?": * https://www.theatlantic.com/magazine/archive/1982/02/have-you-ever-tried-to-sell-a-diamond/304575/ https://www.theatlantic.com/magazine/archive/1982/02/have-yo... There was a Reddit AMA from a jewelry store employee a while back that had some interesting tidbits: > Faceter (gem cutter) here. List of good-colored rare stones: […] Some of these might not be the best for an engagement ring, since they're a bit soft for 24/7 wear. The best options would be Padparadscha sapphire blue color-change garnet., with bixbite as a close third and chrome tanzanite as a fourth. * https://old.reddit.com/r/IAmA/comments/noqmx#c3asibg https://old.reddit.com/r/IAmA/comments/noqmx#c3asibg > If you buy from a big box store, always insist on taking the display piece. […] If you want a jeweler you can trust, look for an AGS certified store. AGS is a non-profit group that certifies stores that adhere to a strict ethical standard on pricing. […] * https://old.reddit.com/r/IAmA/comments/noqmx#c3ar9xj https://old.reddit.com/r/IAmA/comments/noqmx#c3ar9xj

throw0101a 6y ago

And don't forget the classic 1982 "Have You Ever Tried to Sell a Diamond?": * https://www.theatlantic.com/magazine/archive/1982/02/have-you-ever-tried-to-sell-a-diamond/304575/ https://www.theatlantic.com/magazine/archive/1982/02/have-yo... There was a Reddit AMA from a jewelry store employee a while back that had some interesting tidbits: > Faceter (gem cutter) here. List of good-colored rare stones: […] Some of these might not be the best for an engagement ring, since they're a bit soft for 24/7 wear. The best options would be Padparadscha sapphire blue color-change garnet., with bixbite as a close third and chrome tanzanite as a fourth. * https://old.reddit.com/r/IAmA/comments/noqmx#c3asibg https://old.reddit.com/r/IAmA/comments/noqmx#c3asibg > If you buy from a big box store, always insist on taking the display piece. […] If you want a jeweler you can trust, look for an AGS certified store. AGS is a non-profit group that certifies stores that adhere to a strict ethical standard on pricing. […] * https://old.reddit.com/r/IAmA/comments/noqmx#c3ar9xj https://old.reddit.com/r/IAmA/comments/noqmx#c3ar9xj