The diamond world takes radical steps to stop a pricing plunge • Hacker News Board

Re: The diamond world takes radical steps to stop a pricing plunge

#171

Post by AlexandrB » Mon, Nov 13, 2023, 5:14 AM UTC

pbj1968 wrote: post #49

These threads are always great for men posting about how their wives love the imitation stones “just as much” and “I didn’t foolishly spend money.” As always, if it worked for your marriage, it worked, but many of us can sniff out a fake from across the room. And it will always look tacky and cheap and she will be wearing it, in theory, the rest of her life. I have visited exactly one jeweler in my life that set man…

This is like the "have fun staying poor" argument crypto backers use but for diamonds. If I don't care about your opinion of what's "tacky" it has no effect.

Re: The diamond world takes radical steps to stop a pricing plunge

#172

Post by ericjmorey » Mon, Nov 13, 2023, 5:14 AM UTC

huytersd wrote: post #33

SenAnder wrote: post #27

Earlier quoted context omitted.

> Has anyone ever tried to sell an engagement or wedding ring with diamonds? You get cents on the dollar. Does that mean you can buy one second-hand at a low price, and avoid the inflated market entirely?

There’s specifically no market for them somehow. I tried to look but the only places I could found that sold them was at pawn shops.

They're sold as "estate jewelry".

Re: The diamond world takes radical steps to stop a pricing plunge

#173

Post by xwdv » Mon, Nov 13, 2023, 5:15 AM UTC

shiroiuma wrote: post #127

xwdv wrote: post #41

Diamonds are worthless, but reject them at your own peril. When my friend proposed to his girlfriend of 3 years, because the ring didn’t have a diamond she said no.

He avoided a doomed marriage to a shallow woman. It's just too bad he wasted 3 years on her.

He got a diamond ring later and she accepted. Didn’t waste.

Re: The diamond world takes radical steps to stop a pricing plunge

#174

Post by dboreham » Mon, Nov 13, 2023, 5:15 AM UTC

And we make fun of NFTs.

Re: The diamond world takes radical steps to stop a pricing plunge

#175

Post by jonkho » Mon, Nov 13, 2023, 5:16 AM UTC

Nick87633 wrote: post #166

paulddraper wrote: post #151

Earlier quoted context omitted.

oh yes preference for a diamond ring is definitely a dealbreaker

god forbid you should ever decide you want a sports car as a husband

Happy wife, happy life. And honey do.

Re: The diamond world takes radical steps to stop a pricing plunge

#176

Post by xwdv » Mon, Nov 13, 2023, 5:16 AM UTC

pbj1968 wrote: post #106

xwdv wrote: post #41

Diamonds are worthless, but reject them at your own peril. When my friend proposed to his girlfriend of 3 years, because the ring didn’t have a diamond she said no.

That’s the version he gave you. Think critically.

If she had said no for some other reason why would he come up with that diamond story instead?

Re: The diamond world takes radical steps to stop a pricing plunge

#177

Post by jojobas » Mon, Nov 13, 2023, 5:19 AM UTC

throw_m239339 wrote: post #161

jojobas wrote: post #134

Oh no, a cartel poised on a scam is losing money! Won't somebody please think of the hedge funds!

The whole diamond market absolutely is a scam, you'd think it would violate some anti-trust laws of some sort but apparently no, everything is "legal"... go figure.

There are plenty of perfectly legal scams.

You can buy "quantum radiation remover stickers" on eBay, have been there for years. Apple stores get overnight queues of people on release dates. Homeopathy is paid for by the German public health system.

Re: The diamond world takes radical steps to stop a pricing plunge

#178

Post by jonkho » Mon, Nov 13, 2023, 5:19 AM UTC

Horffupolde wrote: post #97

engineer_22 wrote: post #75

Earlier quoted context omitted.

Happy wife, happy life.

No, it’s happy life, happy wife. Think about it.

Men’s “happy life bar” is low. Women’s “happy life bar” is high. Generally speaking. And is the dividing issue.

Re: The diamond world takes radical steps to stop a pricing plunge

#179

Post by ridgeguy » Mon, Nov 13, 2023, 5:20 AM UTC

gnicholas wrote: post #112

bombcar wrote: post #70

Earlier quoted context omitted.

And make sure you appraise her of it - shenanigans like buying something else and passing it off as a diamond could result in her being absolutely embarrassed in front of her friends, which should not be a position you want to put her in.

From what I hear, moissanite (and man-made diamonds) are pretty much indistinguishable from natural diamonds. How would someone's friends figure out that it's not a natural diamond? I would think the only way the wife would know is if she asked about the diamond's papers, if she was going to get an insurance policy for it or something.

There are cheap handheld thermal conductivity testers that will immediately distinguish diamond from moissanite and other stimulants.

Re: The diamond world takes radical steps to stop a pricing plunge

#180

Post by jonkho » Mon, Nov 13, 2023, 5:23 AM UTC

lelanthran wrote: post #135

smt88 wrote: post #99

Earlier quoted context omitted.

Do you, uh... want to explain? It's definitely a cringy, antiquated phrase, but it doesn't seem harmful. People with wives should tie their own happiness to their wife's, shouldn't they?

> People with wives should tie their own happiness to their wife's, shouldn't they? I think it's more that the expectation that husbands exist to serve their wives is harmful. Be honest, do you really think a phrase meaning "keeping your husband happy and satisfied would make your life better" is not harmful?

The reality is the person with lower leverage in the relationship does the keeping of the one with higher leverage happy. In marriages men have the lower leverage due to various reasons. One of which is favorable treatment of women in the family courts.