ACORN
Member
This could be better than tomatoes, what do I need to get started growing’em?
Why, seed diamond of course!
This could be better than tomatoes, what do I need to get started growing’em?
We've been well trained to think otherwise by the most success ad campaign in history... "diamonds are forever".
John
I have been in the NYC diamond district a few times (not as a customer), and Cleveland has (or had) a similar area but on a smaller scale. And most of the diamond merchants are indeed Jewish. I earlier stated that we bought my wife’s engagement ring stone at one of them in Cleveland. The guy had trays of hundreds of loose diamonds of all sizes, seems to me that they would be big targets for theft.Go to your friendly neighborhood diamond merchant and you will get a fair price. He probably has a beard and wears a prayer shawl.
OK here is what I know about diamonds, besides being too expensive. Color, cut and clarity. I took some man made diamonds to my jeweler and he wanted NOTHING to do with them. Said they were worth nothing and he will not deal in them. Somebody that wants 5500.oo for a lab diamond is selling you just the gold, according to my jeweler.
2Karat is overboard IMHO. I would be looking for a 3/4 to 1 K, Color D, VS1 rated if you want a fine stone, and that will cost you plenty.
Everybody knows a guy who knows a guy. Buy a loose diamond based on getting appraisal before you buy and have it set. If you can follow that and get the appraisal, you can save a ton of money. There is at least a 400% markup in jewelry. so think about in the 5500 fake diamond a 400% is worth just the gold. Gold is 1850.00 or thereabouts an ounce.
Do your homework!!!
That has been a saying in the Colt collector community for as long as I can remember.As a sidebar, a Colt collector friend told me years ago that since about 1874, a standard new Colt Single-Action Army revolver has historically been of approximate equal value to an ounce of gold, even with inflation.
He said that a $20 gold piece would always buy a new Colt SAA, and it still will.
OK here is what I know about diamonds, besides being too expensive. Color, cut and clarity. I took some man made diamonds to my jeweler and he wanted NOTHING to do with them. Said they were worth nothing and he will not deal in them. Somebody that wants 5500.oo for a lab diamond is selling you just the gold, according to my jeweler.
2Karat is overboard IMHO. I would be looking for a 3/4 to 1 K, Color D, VS1 rated if you want a fine stone, and that will cost you plenty.
Everybody knows a guy who knows a guy. Buy a loose diamond based on getting appraisal before you buy and have it set. If you can follow that and get the appraisal, you can save a ton of money. There is at least a 400% markup in jewelry. so think about in the 5500 fake diamond a 400% is worth just the gold. Gold is 1850.00 or thereabouts an ounce.
Do your homework!!!
Why, seed diamond of course!