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
High end diamonds hold their value pretty well.
If you’re buying low grade, sub 1.5 carat stones you probably lose all or most of your money on resale.
Diamonds that retail for more than 20k for the stone, you keep most or substantially all of the resale. Local jewelers near me have buyback guarantees on their high end stones, if you drop 25k on a loose diamond through them they’ll buy it back at that price for life.
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