Do you know about diamond rings?
crazylegs asked:
I am trying to invest in a diamond ring that is listed at 1,750 USD. Before receiving the ring I can pay $80 for a C.G.A. Gemologist report that values the ring. Can you sell a ring just based on this report and should I be worried that the company I am dealing with is Canadian? How much do you think a retail valued ring for 1,750 USD could be sold to a jeweler for? Any advice would be appreciated.
I am trying to invest in a diamond ring that is listed at 1,750 USD. Before receiving the ring I can pay $80 for a C.G.A. Gemologist report that values the ring. Can you sell a ring just based on this report and should I be worried that the company I am dealing with is Canadian? How much do you think a retail valued ring for 1,750 USD could be sold to a jeweler for? Any advice would be appreciated.
November 19th, 2008 at 2:29 pm
There is a tremendous mark-up between wholesale and retail prices for diamonds. Expect to get approximately half the retail price when selling. I have bought two diamond rings for my wife and she loves them. However, I don’t think of them as investments. Diamond prices over the recent 25 years have not kept up with inflation, so don’t expect great increases in price in the future.
March 24th, 2009 at 2:32 pm
Well, Very interesting topic… I will tell my friend and they will like this. Thanks…
May 19th, 2010 at 1:53 am
my favorite gemstone is none other than diamond. the most expensive and priceless gemstone ever.~::
July 20th, 2010 at 11:17 am
Diamonds and Rubys are my favorite gemstones, i like the color red and the sparkle of diamond..`”