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    All About Diamonds

    Scheduled Pinned Locked Moved Money Matters
    72 Posts 29 Posters 63.1k Views 1 Watching
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    • K Offline
      kiasimom
      last edited by

      Hi.

      Actually it is not true that the more cuts the diamond has, the more expensive…
      Round brilliant diamond usually has 57 or 58 cuts.
      If you buy a perfect cut diamond, insist on a cert from AGS as AGS is a prestigious for grading diamonds.

      1 Reply Last reply Reply Quote 0
      • H Offline
        HyperKiasu
        last edited by

        Hi,


        Any idea how much has diamond appreciated in value over the past 5 years? depending on the grade ?

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        • V Offline
          verykiasu2010
          last edited by

          HyperKiasu:
          Hi,


          Any idea how much has diamond appreciated in value over the past 5 years? depending on the grade ?
          depending on grade and market sentiment, recession or not, whether it is certified by well known authority

          it is not easy to sell second hand diamond because in the first place, it is a high profit margin product

          in fact, in the last 5 years, from my observation, retail diamond price has dropped, cheaper to buy the same grade same carat today than 5 years ago = depreciation

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          • H Offline
            HyperKiasu
            last edited by

            i only know 2nd hand diamond depreciate as fewer ppl is willing to buy...


            but did not realize that new diamond devalues in the past...

            today just passed by one jewelry shop, was interested in a very very beautifu burmese ruby ring with two diamonds engraved beside the ruby.... was told by the staff that diamond appreciated as well as gold....

            i resisted the temptation as i recalled some reports that most of the rubies in the market are enhanced in some way (hi-tech mah)...beautiful and 100% natural rubies are very very rare...which at the same time are subject to downward price pressure due to people's confidence in the \"gem grade\"...

            (one high-end jewerly shop in the US - forgot the name-, is reported to sell burmese ruby which was later found to have glass fillings, though the ruby are certified...)


            O.T... πŸ˜‰

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            • ChiefKiasuC Offline
              ChiefKiasu
              last edited by

              HyperKiasu:
              ... was told by the staff that diamond appreciated as well as gold ...

              You can look the staff in the eye and tell him that he either has no idea what he is saying or was just trying to sell you a load of hogwash.

              Read this article: http://www.straightdope.com/columns/read/2524/is-a-diamonds-price-a-true-measure-of-its-value

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              • C Offline
                cherrygal
                last edited by

                Diamonds are never bought for investment, meaning it will not retain its value. It’s just the marketers’ ploy to get women to buy diamonds (diamonds are a girl’s best friend). In times of war, only gold holds value or appreciates. Buy gold. BTW, gold is very expensive now.

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                • H Offline
                  HyperKiasu
                  last edited by

                  ChiefKiasu:
                  HyperKiasu:

                  ... was told by the staff that diamond appreciated as well as gold ...


                  You can look the staff in the eye and tell him that he either has no idea what he is saying or was just trying to sell you a load of hogwash.

                  Read this article: http://www.straightdope.com/columns/read/2524/is-a-diamonds-price-a-true-measure-of-its-value

                  perhaps he meant the labour cost of diamond cutting increase over years? :shock:

                  anyway, i only have one diamond ring and rarely wear it....

                  more interested in color stone...but now perhaps 99% \"gem stones\" are synthetic ones....
                  (even gold are fake, the other day watched the channel 8 news about the Hi-Tech gold was found in HK market...)

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                  • V Offline
                    verykiasu2010
                    last edited by

                    HyperKiasu:
                    ChiefKiasu:

                    [quote=\"HyperKiasu\"]... was told by the staff that diamond appreciated as well as gold ...


                    You can look the staff in the eye and tell him that he either has no idea what he is saying or was just trying to sell you a load of hogwash.

                    Read this article: http://www.straightdope.com/columns/read/2524/is-a-diamonds-price-a-true-measure-of-its-value

                    perhaps he meant the labour cost of diamond cutting increase over years? :shock:

                    anyway, i only have one diamond ring and rarely wear it....

                    more interested in color stone...but now perhaps 99% \"gem stones\" are synthetic ones....
                    (even gold are fake, the other day watched the channel 8 news about the Hi-Tech gold was found in HK market...)[/quote]everything could have fake ones, except 2 items : denture and wig - they are GENUINE fake teeth and fake hair

                    ζ‰€ζœ‰ηš„δΈœθ₯Ώιƒ½ζœ‰ε‡ηš„,εͺζœ‰ε‡η‰™ε’Œε‡ε‘ζ˜―ηœŸηš„.

                    1 Reply Last reply Reply Quote 0
                    • D Offline
                      duriz
                      last edited by

                      verykiasu2010:
                      ζ‰€ζœ‰ηš„δΈœθ₯Ώιƒ½ζœ‰ε‡ηš„,εͺζœ‰ε‡η‰™ε’Œε‡ε‘ζ˜―ηœŸηš„.

                      ηη ιƒ½ζ²‘ι‚£ιΊΌηœŸ :rotflmao:

                      1 Reply Last reply Reply Quote 0
                      • H Offline
                        HyperKiasu
                        last edited by

                        verykiasu2010:
                        HyperKiasu:

                        [quote=\"ChiefKiasu\"]
                        You can look the staff in the eye and tell him that he either has no idea what he is saying or was just trying to sell you a load of hogwash.

                        Read this article: http://www.straightdope.com/columns/read/2524/is-a-diamonds-price-a-true-measure-of-its-value

                        perhaps he meant the labour cost of diamond cutting increase over years? :shock:

                        anyway, i only have one diamond ring and rarely wear it....

                        more interested in color stone...but now perhaps 99% \"gem stones\" are synthetic ones....
                        (even gold are fake, the other day watched the channel 8 news about the Hi-Tech gold was found in HK market...)

                        everything could have fake ones, except 2 items : denture and wig - they are GENUINE fake teeth and fake hair

                        ζ‰€ζœ‰ηš„δΈœθ₯Ώιƒ½ζœ‰ε‡ηš„,εͺζœ‰ε‡η‰™ε’Œε‡ε‘ζ˜―ηœŸηš„.[/quote] :rotflmao: :rotflmao: :rotflmao:

                        little wonder ppl dare not put monies in those rare rare gems,
                        and HDB (REAL estate, public type though) now also rocket to S$1.1million !!

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