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
Think of it less like “the price drops by 50%” and more like “the price goes back to normal after the crazy markup that is somehow completely allowed and ignored by everyone”.
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