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 you buying the story of the diamond. That’s what they are selling you.
You aren’t buying the stone’s value. The diamonds most people buy really aren’t worth anything. They aren’t rare. They are not coveted. The are run of the mill diamonds that lose most of their value the moment you leave the store.
Latest Answers