Quote:
Originally Posted by Dilligas
Remember.....appraisals are for insurance, not necessarily resale. The price you get, is the estimate if you wanted to buy it now.....not the price to sell it now.
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Yes I know. My dad BOUGHT it in the New York Diamond District in the late 1950's for $800 of 1950's dollars. If he - or anyone else - were to BUY the same ring today, it'd set him/them back $12,500 of today's dollars. Point being, the statement "jewelry doesn't increase in value" is incorrect. It's an absolute statement, which isn't absolutely true.
As for the OP: I personally suggest not looking for a diamond at all. Try an emerald or garnet instead. They're prettier.