Thanks for this user. I know the industry is more or less a meme, but if it’s what your girl wants, it’s what she wants, and I would prefer to spend money on a flight and security in Africa so I could find something absolutely amazing, than on a ring at a store.
Interesting information you provided regardless
Getting your diamonds cut costs the most.
My fiancé’s uncle is a jeweller who would do that at cost price, I just have to get him the diamonds
i bought a diamond for btc online from a trustworthy retailer. it was tax free (im an american, company was in eu, they export diamonds tax-free legally)
we discussed what the best deal was they could make me not for a specific diamond but what special deals he can find.
i bought at -50% list price and can easily resell it at -60 at worst -65
if you buy something from someone and the cost is far higher than production value, of course youre going to lose money and overpay
nothing is stopping anyone from making a 100% markup on a diamond, which is usually done
in short, its a solid idea, but you need to do it from a trusted vendor, and you need to talk to them about "seasonal pickings"
But are these real diamonds? In my eyes if it wasn’t mined, it’s not a diamond. It needs to be from the earth, not made by some Californian liberals in some lab
user this the the kind of information I was looking for. Much appreciated. Can you list me the website you used or is this something you would prefer to keep to yourself
lab made diamonds have a lower resale value than natural ones
especially if you find a proper company giving you a personalized deal, you will get much more back from your lets say $1K in natural diamonds than meme diamonds
meme diamond market is going to get assraped soon anyway, de beers entered it but not to increase sales but to short the natural gem market and screw it over by selling at crazy low profits or even a loss forcing current producers out of business
whatever lower resale value lab made diamonds have, it will probably drop further with cost of natural diamond mining staying high but that of lab made only reducing in the long term as well
*short the artificially made diamond market
pardon
There's literally no difference, and it's impossible to tell them apart.
Very interesting. You seem quite educated on this topic.
Is diamonds trading an actual business that you see potential in? Or is it saved for the big merchants like De Beers.
Surely if you found the right connection over seas you could make a pretty penny
Also did you mind sharing the website you found your dealer from?