3 ms·
> Its an easily portable high value item that also serves as signaling for the person wearing it. It makes more sense then livestock in the modern world. Jewel
by ASalazarMX 6y ago
> Its an easily portable high value item that also serves as signaling for the person wearing it. It makes more sense then livestock in the modern world.
Jewelry is not a great value store, unless you're fine with selling it at a significant loss. Diamonds specially, unless they're rare, seem to magically lose a lot of its value as soon as they print your receipt.
To be honest, I find the whole love-engagement-sex-wedding handling retrograde and inappropriate for the current times.
- setr 6y ago>Jewelry is not a great value store, unless you're fine with selling it at a significant loss Neither is a car, but they're both still very strong signals of wealth (specifically, that you could afford to burn the money). However, if you want jewelry as a value store, you deal in gold and silver (mainly that it can be melted down)
- nickik 6y agoThis is true but this happen partially over time and the more important function is the initial signal. And displaying the wealth that is mobile is also an important signal. Pure economics would suggest a small gold bar would make more sense if you want to signal commitment. > To be honest, I find the whole love-engagement-sex-wedding handling retrograde and inappropriate for the current times. Me to but that is not the discussion.