[Jewelry making - Article 00016] - Re: [Orchid] Gemesis laboratory grown diamonds

[pam]

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>     . . . I referenced this based on someone getting married and having
>     an engagement ring for 25-30 years, that when a partner dies (or
>     whatever) you can, in fact, almost always (unless of course it was
>     purchased during that run up of prices in the 80's--thanks Joel
>     for reminding me) end up getting back about what you paid for it.  
 
Hi Daniel.

    You say that after 25-30 years you can almost always get back about
    what you paid for it.  I agree that the diamond (at least
    historically) will hold its value or increase in value over time
    (disregarding aforementioned 80's timeframe).  

    However, in order for that individual to get the money back, (s)he
    would have to locate a ready market for that diamond - someplace or
    some entity willing to purchase the diamond at a price both consider
    fair. It may be a better idea in theory than in practice as finding a
    buyer could be very difficult for most people outside our circles. 

    Cynically speaking this may change too, if individuals have their
    stone appraised and the appraiser issues a cert to be cited with an
    ebay listing of the diamond. "This diamond ring doesn't shine for me
    anymore."  Why sell wholesale (whatever that is) to a dealer when
    you can sell retail to the public?  

Pam Chott
www.songofthephoenix.com

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