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Questions tagged [jewelry]

For questions on how or when to buy or sell jewelry, questions about valuations and tax concerns.

90
votes
3answers
18k views

Is it true that the price of diamonds is based on a monopoly?

I've heard quite often that the only reason diamonds have the high value they have is because the price is set by a single worldwide diamond mining monopoly. That, if actual quantity versus demand is ...
2
votes
1answer
286 views

How do diamond investment brokers make their money?

Here's the scenario: you decide to invest in a rare gem and you approach a registered diamond broker to do the sourcing for you. The firm duly comes back and says that they have found something ...
1
vote
0answers
108 views

Best precious stone from an ROI standpoint?

I'm wondering what kind of jewelry-grade mineral (excluding precious metals) would be the least risky investment. So the binding requirement is: it has to be jewelry-worthy (so both pretty and not too ...
0
votes
1answer
88 views

How does agreed value insurance work with inflation?

In an agreed value insurance plan I understand that the number X is the amount that will be paid out upon loss. However I have two questions in regard to this: Upon renewing my policy yearly am I ...
0
votes
1answer
73 views

How do these factors affect engagement rings as an investment?

I'm shopping around for an engagement ring. At the moment, I'm considering two options. From a "will she like it?" perspective consider them equal. (I say that because that is really the MOST ...
-2
votes
1answer
471 views

What is the secondary market like for diamond jewelry?

What is the secondary market like for diamond jewelry? How does it compare to the secondary market for gold jewelry? How do secondary market prices for pieces of diamond jewelry move relative to ...
5
votes
1answer
343 views

How to sell jewelery without getting ripped off?

Related to this question: If I have some old gold jewellery, is it worth it to sell it for its melt value? What is some good advice for getting a piece appraised? Who is a typically trustworthy ...
9
votes
4answers
23k views

Is the warranty on an engagement ring worth it

Many jewelery stores around here offer a warranty on ring purchases. For example a $2000 ring might cost $250. The deals offer free repair, cleaning, maintenance and sometimes replacement and vary ...
15
votes
4answers
1k views

If I have some old gold jewellery, is it worth it to sell it for its melt value?

TV, radio, and print ads make it look easy to get cash for gold jewellery. But, really, is it worth it to sell jewellery for its melt value or is there a better alternative? Do places that offer to ...