Radiophile Wrote:
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> hope it's worth a lot Wrote:
> --------------------------------------------------
> -----
> > Well, yes, since the mark up on jewelry at
> > retailers is about 50%---you might get 50% for
> the
> > ring (it's true value). But you will probably
> get
> > less since buyer cannot choose the style (same
> as
> > furniture---you pay for choice).
> >
> > Good luck.
> >
> > People----we are in a recession. Don't buy
> items
> > that do not generate productivity in the good
> old
> > USA. A ring that is not mined or made in the
> US
> > and that cannot cut wood or something else for
> > export is a crappy way to spend money.
>
> While there may be a 50% mark up dont expect to
> get that money back. You may get what the gold is
> worth, but if it is a diamond - the diamond is
> worth practicaly nothing.
>
> Diamonds are nothing more than a piece of coal.
> The are not rare or unusual. A "used" diamond has
> almost no value in the marketplace.
>
> Maybe you could sell it on craigslist or ebay.
>
> Take any diamond ring to an appraiser. He will say
> "replacement cost is $5000" then you say "great I
> will take half that in cash, thank you." The
> appraiser will refuse. Bargain down to $2000,
> $1500. $1000 and the appraiser will still not buy
> the diamond from you. The diamond is worthless.
>
> While you can buy gold, platinum, and precious
> stones "invetment grade", there is absolutely no
> such "investment grade" status for diamonds. Why?
> Well if you havent figured it out by now,
>
a Diamond is worthless.
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