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That's a tough call. Jewels generally lose at least half their value the minute you buy them. > "Because of the steep markup on diamonds, individuals who buy r
by glenra 12y ago
That's a tough call. Jewels generally lose at least half their value the minute you buy them.
> "Because of the steep markup on diamonds, individuals who buy retail and in effect sell wholesale often suffer enormous losses. For example, Brod estimates that a half-carat diamond ring, which might cost $2,000 at a retail jewelry store, could be sold for only $600 at Empire."
http://www.theatlantic.com/magazine/archive/1982/02/have-you-ever-tried-to-sell-a-diamond/304575/?single_page=true http://www.theatlantic.com/magazine/archive/1982/02/have-you...
- thaumasiotes 12y agoDo you have a statistic for non-diamond jewels?
- glenra 12y agoRubies: > The price you can get for your ruby depends on its quality characteristics, but there is one thing you should remember: It is unlikely that you will be able to sell a ruby gemstone for an amount that is even close to its retail price, especially if you are selling to jewelry stores. In fact, depending on who buys your stone, you may even get less than 50% of what you bought the ruby for. Source: http://www.jewelrynotes.com/how-can-you-sell-your-ruby-jewelry/ http://www.jewelrynotes.com/how-can-you-sell-your-ruby-jewel... Other gems in general: > Jewelers often sell stones for 2-3 (or more!) times their cost, but they are unlikely to buy stones from the general public for more than half their normal wholesale cost (i.e., they may buy a stone at a regular wholesale cost of $100, sell it at retail for $200-300, but only buy it back from an individual for $50) Source: http://www.tradeshop.com/gems/invest.html http://www.tradeshop.com/gems/invest.html