Popularly said that diamonds value drop by over 25-50% the sec you buy it. I know that diamonds value is low key de beers bullshit.
But what I wanna know is how do they calculate the diamond resale value and rational behind 50% resale value of something that never breaks or damages. How do they come up with this shit?
In: 1922
Because diamonds are not rare. There are some rare types of diamonds but generally they don’t have much value. When u buy then from jewelry stores they are over inflated. You are basically buying an over inflated piece of charcoal.
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