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The Truth No One wants to hear Diamond Prices explained by Mina D
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The truth nobody wants to hear …
Natural Diamonds 💎 will not resell for what you paid for them.
Wait… unless it’s a high color, high quality GIA certified significant diamond.
I’m not saying you won’t get value years down ….but diamond 💎 prices are constantly fluctuating and if you are looking for an investment, diamonds 💎 may not be the best option unless you are buying a high color, rare jewel.
Yes, you might get up to 60% of what you paid initially but it will vary on the market price, which is forever changing. The Diamond Market is similar to the stock market and also fluctuates with it at times. Yes, up to 60% and that is being generous. In fact most of the time whatever you paid the resell will be significantly lower.
It will also vary if you are buying something else from your Jeweler, or just selling it and walking away. Chances are if you are trading up, you might get a bit more for your diamond.
