The diamond world takes radical steps to stop a pricing plunge
1–10 of 619 posts
Re: The diamond world takes radical steps to stop a pricing plunge
#2Re: The diamond world takes radical steps to stop a pricing plunge
#3I would like to take this moment to thank https://diamondssuck.com/ for preventing me from buying my wife a diamond, and getting her a much prettier moissanite instead. It's been on hn's front page several times.
Re: The diamond world takes radical steps to stop a pricing plunge
#4Has anyone ever tried to sell an engagement or wedding ring with diamonds?
You get cents on the dollar. Even or I should say especially brand names like Tiffany.
The whole thing is a scam from start to finish and I wish I could go back in time and avoid the entire thing.
Re: The diamond world takes radical steps to stop a pricing plunge
#5I would like to take this moment to thank https://diamondssuck.com/ for preventing me from buying my wife a diamond, and getting her a much prettier moissanite instead. It's been on hn's front page several times.
I would like to have done this. Maybe we’ll get it reset with a proper, clean, nice man made one instead!
Re: The diamond world takes radical steps to stop a pricing plunge
#6Has anyone ever tried to sell an engagement or wedding ring with diamonds? You get cents on the dollar. Even or I should say especially brand names like Tiffany. The whole thing is a scam from start to finish and I wish I could go back in time and avoid the entire thing.
I bought my partner's diamond and wedding ring set before we were hip to the shenanigans around diamonds. We had the ring melted down to make a pendant for our child with the diamond (which they'll receive when they're an adult) and no longer wear wedding rings (mine was a ~$20 tungsten ring from Amazon luckily). Thousands of dollars wasted in hindsight.
Hot take: Diamonds are scams, don't buy them! Take a trip, buy a house, start an investment account instead.
Re: The diamond world takes radical steps to stop a pricing plunge
#7Has anyone ever tried to sell an engagement or wedding ring with diamonds? You get cents on the dollar. Even or I should say especially brand names like Tiffany. The whole thing is a scam from start to finish and I wish I could go back in time and avoid the entire thing.
Yeah. I'm glad I figured this one out before getting married. They have no real value. They do look nice and are great for grinding metal. But they aren't rare. The value has always been completely managed. And the notion that you spend a lot on a ring is so insidious.
It rains diamonds on Neptune.
Re: The diamond world takes radical steps to stop a pricing plunge
#8Has anyone ever tried to sell an engagement or wedding ring with diamonds? You get cents on the dollar. Even or I should say especially brand names like Tiffany. The whole thing is a scam from start to finish and I wish I could go back in time and avoid the entire thing.
Jewelry isn’t an investment, it’s conspicuous consumption.
That said there’s really no reason to buy new unless it’s a custom made piece.
Re: The diamond world takes radical steps to stop a pricing plunge
#9Has anyone ever tried to sell an engagement or wedding ring with diamonds? You get cents on the dollar. Even or I should say especially brand names like Tiffany. The whole thing is a scam from start to finish and I wish I could go back in time and avoid the entire thing.
Yeah. I'm glad I figured this one out before getting married. They have no real value. They do look nice and are great for grinding metal. But they aren't rare. The value has always been completely managed. And the notion that you spend a lot on a ring is so insidious. It rains diamonds on Neptune.
Rains diamonds on neptune?
Re: The diamond world takes radical steps to stop a pricing plunge
#10https://archive.today/89rNF
I haven't been able to access archive.today in a good long while. Cloudflare's challenge page lets me solve a captcha, but doesn't actually remember that I've solved it. So I'm in an endless loop of challenge pages.
If you're wondering, I'm on Firefox connected thru Google Fiber. I've tried disabling Enhanced Tracking Protection, but all that does is make it so I don't have to solve a captcha. I still get the endless loop of challenge pages.