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Beauty and Fashion
Reply to "Lab-Grown Diamond"
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[quote=Anonymous][quote=Anonymous]It is very true that the resale market for mined diamonds is extremely poor. You can expect between 10-25% of what you paid retail for it. Unless of course the jewels are otherwise significant, the types that Christie's auctions. But for your run of the mill 3 ct round diamond, they're not worth anywhere close to what someone paid retail for them.[/quote] It depends entirely what you mean by “retail.” 3 carat total weight pave ring from Jared’s? Yes. 3 carat solitaire with GIA paperwork from James Allen? You can expect closer to 80% back. Buy someone else’s GIA diamond that they bought from James Allen and pay them 70% of current comps? You won’t lose money at resale. [/quote]
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