Finding the Retail Value of a Diamond - NOT Appraisal Value - /biz/ - Business & Finance

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Finding the Retail Value of a Diamond - NOT Appraisal Value 2017-01-28 12:06:56 Post No. 1760785
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Finding the Retail Value of a Diamond - NOT Appraisal Value Anonymous 2017-01-28 12:06:56 Post No. 1760785 [Report]

I couldn't find a more relevant board.
I started looking into Jewels as a means of holding value, and it seems appraising a diamond is not straightforward. A jeweler or insurance company usually gives you the appraisal value of a diamond, which can be as much as a 100% markup from what you could sell it for- the retail price.

I cannot find any sources on how to appraise a diamond. Also, is holding value in jewels worth it financially? Its something the Rotheschildes do.

>inb4 high risk if theft, loss, etc.
I understand the risks. I'm more interested in whether they appreciate.

Anonymous 2017-01-28 12:09:09 Post No.1760789
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Anonymous 2017-01-28 12:09:09 Post No.1760789 [Report]

>>1760785
If you invent a way to short women you'll be rich as fuck

Anonymous 2017-01-28 12:12:44 Post No.1760794
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Anonymous 2017-01-28 12:12:44 Post No.1760794 [Report]

>>1760789
Haha- except I wouldn't know if what I score is valuable or not

Anonymous 2017-01-28 12:15:04 Post No.1760797
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Anonymous 2017-01-28 12:15:04 Post No.1760797 [Report]

>>1760785
Jewels have no real value, it's all artificially controlled supply. Fun fact: amethyst used to be diamond-level value.

Anonymous 2017-01-28 12:19:51 Post No.1760801
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Anonymous 2017-01-28 12:19:51 Post No.1760801 [Report]

>>1760797
So what holds value?

Anonymous 2017-01-28 05:34:30 Post No.1761150
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Anonymous 2017-01-28 05:34:30 Post No.1761150 [Report]

>>1760785

They don't appreciate.

Interesting article on the subject:

http://www.theatlantic.com/magazine/archive/1982/02/have-you-ever-tried-to-sell-a-diamond/304575/

Anonymous 2017-01-28 05:43:47 Post No.1761168
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Anonymous 2017-01-28 05:43:47 Post No.1761168 [Report]

>>1760785
I have already looked into this. You will not be able to resell them at a higher value. It only works if you can get them whole sale. Their value is determined by arbitrary measures like cut, clarity and brightness. The only reason to buy loose diamonds is if you want to make some custom jewelry with them later.

Anonymous 2017-01-28 05:51:40 Post No.1761172
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Anonymous 2017-01-28 05:51:40 Post No.1761172 [Report]

>>1761150

seconded, op read this and don't be a dumb fuck

Anonymous 2017-01-28 08:59:49 Post No.1761301
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Anonymous 2017-01-28 08:59:49 Post No.1761301 [Report]

DeBeers controls the world's supply of diamonds, the stones themselves are practically worthless and extremely common.

Finding the Retail Value of a Diamond - NOT Appraisal Value

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