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
Most things can only be resold for a fraction of retail, this is no different. Since jewelry is so highly emotional and subject to individual tastes, it can be hard to find a buyer willing to pay near-retail, and resellers have overhead.
Latest Answers