There is one type of natural diamond that doesn’t lose its value. Those are mine cut diamonds. They haven’t cut them at the mines since before the cartels took over. I found this out one day, because my GF would wear her late grandmother’s wedding and engagement bands. We got curious one day, and wandered into the fancy jewelry story in the mall. I said to the guy, “I know you can’t give us an official appraisal, but could you take a look and give us a ballpark.” He slipped the loupe on and took a look. Immediately he said something like, “Oh, wow! Haven’t seen one of these before.” He explained that all 20 of the ¼ carat diamonds and the large 2 carat diamond were all mine cut, so the engagement band could have fetched $100,000 and the wedding band was worth about $250,0000 in 2000 dollars.
Needless to say, she stopped wearing it frequently after she found out.
There is one type of natural diamond that doesn’t lose its value. Those are mine cut diamonds. They haven’t cut them at the mines since before the cartels took over. I found this out one day, because my GF would wear her late grandmother’s wedding and engagement bands. We got curious one day, and wandered into the fancy jewelry story in the mall. I said to the guy, “I know you can’t give us an official appraisal, but could you take a look and give us a ballpark.” He slipped the loupe on and took a look. Immediately he said something like, “Oh, wow! Haven’t seen one of these before.” He explained that all 20 of the ¼ carat diamonds and the large 2 carat diamond were all mine cut, so the engagement band could have fetched $100,000 and the wedding band was worth about $250,0000 in 2000 dollars.
Needless to say, she stopped wearing it frequently after she found out.