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  #1  
Old 12-05-2014, 12:04 PM
actius362436 actius362436 is offline
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Default Resale Price of Diamonds

Just curious.

What are the prices of resold diamonds like? Is there any market for them? Like non-mounted but polished diamonds as well as diamonds jewelry, e.g. on rings and necklaces.
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  #2  
Old 12-05-2014, 03:28 PM
Aaronlovesyou Aaronlovesyou is offline
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For investment? Novelty?
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Old 12-05-2014, 04:19 PM
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TheCoolPlayer TheCoolPlayer is offline
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There are investment grade diamond and there are jewelry grade diamond which will loose at less 60% to 80% for the price u pay for it.
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Old 12-05-2014, 04:40 PM
actius362436 actius362436 is offline
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Well, I "picked up" a coloured diamond ring some time back but I realize I hardly have chance to wear it. Thus asking here to see if there is any secondary market for such stuff.
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Old 12-05-2014, 04:45 PM
Altima Altima is offline
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Heard that diamonds especially in the form of jewellery hardly retains its value.

Which is why I told my wife to ask for gold and not diamonds. :P
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Old 12-05-2014, 05:00 PM
daniel6886 daniel6886 is offline
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My friend told me jewellery grade diamond are called "stone" (in Hokkien) during buy-back, so does not worth a lot.
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Old 12-05-2014, 05:02 PM
actius362436 actius362436 is offline
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Quote:
Originally Posted by Altima View Post
Heard that diamonds especially in the form of jewellery hardly retains its value.

Which is why I told my wife to ask for gold and not diamonds. :P

Hahaha......I bought it in a fit of vanity. Afterall, coloured diamonds are kinda rare. Then I realize that I hardly have chance to wear it, as my work environment doesn't allow for it. So it's sitting in a safe place currently and hardly see sunlight. It's a shame really.

I'm wondering what I can do with it.....
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Old 12-05-2014, 11:46 PM
Jamon Jamon is offline
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Diamonds are not rare but their supply is tightly controlled by the De Beers' Cartel.
80% of diamonds are used for Industry as cutting, drilling, grinding etc uses.

Diamonds don't have good resale values because of the crazy markups we pay when we buy from the jewelers.
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Old 13-05-2014, 12:12 AM
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alor alor is offline
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Old 13-05-2014, 05:47 AM
Ruubgaal Ruubgaal is offline
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Since u have it in jewellery form and im guessing its mot 1 of those museum grade pieces sp I guess u shuld just hang on to it since the resale wont be close to your purchase price. Unless of cause u got it at 2nd hand and u find a non retail 2nd hand buyer then maybe got chance hahah.
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