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"then it's just another store of value" I agree with this if the Jewellery in question is pure gold 21k and the like. Diamonds however, i do not believe to be
by ismail 12y ago
"then it's just another store of value"
I agree with this if the Jewellery in question is pure gold 21k and the like. Diamonds however, i do not believe to be a store of value.
Ever try selling a diamond back after a few years? I doubt you would get back the price you paid for it.
Gold however, can be easily sold back. Dealers will pay you at the going rate of Gold per gram, or maybe at a slight discount.
"I think a diamond can be damaged, but it cannot be "used". In fact, documenting the history of a diamond (a neat business idea) can only possibly enhance the stone's value."
Interesting idea, think it may have some value for people who want unique stories to tell.