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by konceptz
2937 days ago
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I agree wholeheartedly with this and the original article. I sold diamonds in college and really dislike the blood that goes into each and every one of them. Knowing a few of the arguments that fine jewelers might make, could you help me address? 1. You may pass the diamond to subsequent generation. 2. You may insure the stone at a high value, similar to artwork. 3. What other precious metals or otherwise might be considered to be used in a similar fashion? Gold/platinum is too heavy to adorn commonly as representative of wealth to our SOs. 4. Would removing the “value” of diamonds make them appropriately used for their hardness? Watch faces, etc. |
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2. Why do I need to insure carbon? Its... carbon, super abundant, element 6. Present after the first generation of stars exploded in the universe. Are you investing in diamonds? They almost never go up in price, try reselling one or look at resale value before you worry about insurance.
3. What is the goal of this question? To show the Jones' that you have too much money and can pay the danegeld for authenticity? Before the 1940's diamonds weren't even a thing in marriage. If you could reproduce the Mona Lisa perfectly, would you pay N times as much for the original? Even if it was impossible to tell? Why is that so important?
4. Diamonds are already used for industrial uses, their "rarity" (they're not rare) is all due to a cartel named de beers controlling supply. They're common as hell, as noted, they're just compressed and heated carbon. These industrial uses are why we have these manmade diamonds in the first place. They're better than the originals as they're more consistent without imperfections. Just like modern steel would produce a katana infinitely better than folded crappy steel that the originals were trying to overcome.