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🖐 Why Are Diamonds Worth So Much? : NPR

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The cut grade of a diamond is related to its brilliance. Better-cut stones have more sparkle, and that’s why cut is a characteristic that is worth paying for, even if it is the highest grade. However, if you’ve decided that cut is also something you’d rather save money on, don’t buy diamonds whose cut is graded lower than Good. Fair and. Click to Play!

The non-linear pricing of different sizes (weights) of diamonds means that it is not realistic to exchange, for example, two quarter-carats (50 mg) for one half-carat (100 mg). With commodities such as gold, it is clear that one 20-gram bar is worth the same as two 10-gram bars, assuming the same purity. Click to Play!

Therefore, half of a gold coin is worth half of what a whole gold coin is worth. A gold coin does not become useless or worthless just because it’s form has been altered. Gold is fungible. Gold is money. Diamonds are not fungible. Diamonds are not money. Diamonds Vs. Gold : Buy Gold. Diamonds are not money and diamonds are not currency. Click to Play!

Diamonds are worth money for one reason, people are willing to pay money for them. Diamonds act like money in the underground economy in many parts of the world because they are nearly impossible to trace and are highly liquid (i.e. they can be sold for money very quickly). Click to Play!


How Much Do Diamonds Cost?


If you're buying diamonds at all, you're not getting much value for your money. In case you haven't heard the news yet, the diamond industry is a massive scam.First of all, diamonds are nowhere near as rare as we have been led to believe.
This calculator works as a guideline of value for most diamonds. It is not an indication of our purchase or sale price. We are very competitive in our valuations, but many factors go into pricing specific diamonds. This original Diamond Price Calculator™️ has been relied upon by millions across the world since 2005.
This site uses cookies to analyze our traffic, personalize content and serve targeted ads. These are completely secure and only used by WP Diamonds or our trusted partners. By clicking “I accept all cookies” you are agreeing to this. Find out more on how we use cookies and how you can change your settings here. I ACCEPT ALL COOKIES DECLINE


Diamonds resale value in Telugu


Canadian Diamonds - Are They Worth The Extra Money (And Hype)? Are diamonds worth the money


This calculator works as a guideline of value for most diamonds. It is not an indication of our purchase or sale price. We are very competitive in our valuations, but many factors go into pricing specific diamonds. This original Diamond Price Calculator™️ has been relied upon by millions across the world since 2005.
Several blog posts claim that "Black Diamond Collection" Disney VHS films are worth thousands of dollars, but the tapes are not selling for nearly that much.
Diamonds are worth money for one reason, people are willing to pay money for them. Diamonds act like money in the underground economy in many parts of the world because they are nearly impossible to trace and are highly liquid (i.e. they can be sold for money very quickly).



Diamond vs. Moissanite: Why Diamonds Are Worth the Money | The Diamond Pro


are diamonds worth the money
Without industry knowledge of the second-hand diamond market, finding what a diamonds worth is is difficult. Keep reading to learn what affects a diamond’s value, how you can determine your diamonds worth and where to get an honest and competitive price for your diamond. What affects a diamond’s price?
What is My Diamond Worth? Our Diamond Value Calculator compares your diamond to our database of over 100,000 certified diamonds on the market. the money for 3.

are diamonds worth the money Considering my deep personal involvement in the diamond business, my opinion might surprise you -- diamonds are a terrible waste of your money.
This post was published on the now-closed HuffPost Contributor platform.
Contributors control their own work and posted freely to our site.
If you need to flag this entry as abusive, I've been in the diamond business for over 10 years.
I've traveled all over the world buying are diamonds worth the money selling diamonds.
I've passed through are diamonds worth the money of the major airports across the United States with about a million dollars worth of diamonds in a leather wallet stuffed inside my pants.
I've bought and sold diamonds in Dubai, Mumbai, Moscow, Hong Kong, Paris, Stockholm, Tel Aviv, Madrid and Barcelona.
Even today I am involved are diamonds worth the money the fringe of the diamond business, running a helping would-be buyers.
Considering my deep personal involvement in the diamond business, my opinion might surprise you -- diamonds are click terrible waste of your money.
This is completely false.
The idea of a diamond engagement ring is roughly a century old.
Guess who invented the concept?
Not surprisingly, are diamonds worth the money the same people who mined the diamonds -- the De Beers diamond syndicate.
How far did De Beers go in their quest to create demand for diamonds?
Ayer outlined a subtle program that included arranging for are diamonds worth the money to visit high schools across the country.
It's not like with cars, for example.
You know you need a car, so the car companies compete for your attention with their ads.
In this case De Beers spent millions upon millions convincing the public that they needed to buy a product that they basically created out of thin air thin air that they alone controlled.
People explain away spending thousands of dollars on a little stone because they mistakenly believe that the diamond is a solid investment.
Are there any other investment classes where the person selling you the asset makes a minimum 10 percent profit margin usually much more?
Most people would be lucky to get half of what they paid if they tried to sell a ring the day after they bought it.
Don't fool yourself into thinking that buying a diamond is a safe place to put away money for are diamonds worth the money rainy day.
There's virtually no end to the various games dealers can play to help them are diamonds worth the money out a higher return and therefore giving you less value.
I'm not only a very experienced diamond dealer, I'm also a father of six, married for 13 years.
The expenses only grow with time, they don't get easier!
Believe me, five years later, you'll be wishing you had a spare five grand lying around.
Find someone more grounded who is excited about building a life together with you -- not someone who's trying to continue being single while taking you along for the ride.
I have consciously left out of this list any arguments about immoral practices in the diamond business i.
The odds of buying an actual blood diamond in developed countries are extremely low.
There are checks and balances in place that would make it extremely risky for a dealer to sneak something in illegally.
I don't want to be perceived as hypocritical.
If one takes a stance against poor working conditions, then I believe it should be done across the board.
I don't believe the diamond business is any more guilty than any other industry that does most of its production in poorer countries on the other side of the world.
Moral issues aside, there are diamonds worth the money enough reasons not to succumb to the greatest scam in history.
If you hang around a group of diamond dealers for a day, there's a word you'll hear passed around quite a bit -- "illusion.
When you what are online casino bonuses your illusion" in a diamond, it means you have succumbed to the reality that you will be selling it for less than you had hoped for.
When you "have illusion" in a diamond, it means that you still believe you're going to sell it for a great price because it's such a knockout stone.
It's rather amazing that the very people who buy and sell millions of dollars of diamonds a year acknowledge the ephemeral nature of their value at the same time that their lives are completely invested in them.
Ladies and Gentlemen, please.
Don't believe in the illusion.
Pass this article on to your friends.
Share it, Like it, Tweet it.
Lets start a new movement together.
If you find yourself not being able to fight the social pressure to get a diamond ring, it's OK.
There are many like you.
It's not a simple thing to resist.
Just please do yourself a favor and speak to an expert who can help you make sure that at the very least you spend as little as possible on the illusion and still come away with something that serves its purpose.
Ira Weissman is a diamond industry veteran with a decade of experience at one of the world's largest diamond polishers.
He has traveled the world buying and selling diamonds and now dedicates his time to helping consumers make the most of their diamond buying decisions.
He has been featured on, and has been quoted by MarketWatch, The Village Voice, and BankRate.
Visit to educate yourself about diamonds.


Why Diamonds Are A Scam


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The diamonds on the car weigh in at a whopping 23 carats and are worth $140,000 by themselves. Of the 2,700 diamonds, there are 40 white ones. Each diamond represents a year in the legacy of Hot Wheels. The car itself was made to commemorate the production of the 4 billionths Hot Wheels vehicle made.


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Total 5 comments.