– Why diamond has little to no resale value?

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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

34 Answers

Anonymous 0 Comments

Okay kind of off topic but diamonds do break and quite easily. They are hard, that means that it can scratch any other thing without the thing scratching back.

If you hit a diamond with a hammer it would break

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