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[quote=Anonymous][quote=Anonymous]Buy used.  The markup on diamonds puts Tiffany's markup to shame.  [/quote]

Maybe on settings, but not on the stone. Certified stones are sold at on-line jewelry stores for about 15% profit, which I am pretty sure is less than Tiffany's markup.

Certified stones by their nature don't really have a "used" price vs new price - it has a single market price. That is unless the stone has been damaged or altered since it was certified. As long as a jewelry store can authenticate the diamond to a certificate, and can see that the condition has not changed, you will be able to get 70-80% of the market value of the diamond. The setting will be worth "melt value".

Now you can try to find a private party on craigslist who doesn't know what they have, selling off a ring for much less than its worth, but people who spent the extra money on a GIA/AGS diamond mostly know what they have and will offer it to a jewelry store before putting it up on craigslist.

Buying uncertified diamonds from private party is worse than gambling. [/quote]

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