Oh, you can sell it to a jeweler - I was one for 7 years, 
purchased them all the time.  Did I pay retail for them NO WAY.  
I didn't even pay for them what I would pay for them from my 
cutter.  Why, well lets say I need to show a client something 
sepcial, I would go to my safe and get out a selection to show them.
If they purchased it I then turned around and paid my cutter for it.  
So why should I pay you hard cash for something I could pay for 
only if I sold it?

If I didn't have in stock what I needed I could make a phone call 
and have a selection over night - I remember once I did that 
looking for a large emerald - got 3 of them in (needed to have a 
selection - wholesale cost for each was around $90,000 - That was 
when the oil boom was big.  Kept them for about a month and 
returned what I did sale.  All it cost was postage one way.

Now for the stones that were our bread and butter I paid for them 
before I sold them but the inventory truned over on those so fast 
sometimes they were sold before they were paid for.

It's all supply and demand.


On Wed, 1 Oct 2003, Soren Harward wrote:

> Andrew Jorgensen wrote:
> > As far as resale value goes diamonds have none. It may appraise at a
> > certain value but you cannot sell it to a jeweler. Why?
> 
> True.  But you can sell it to another would-be customer.  However, what 
> you'll get for it is a lot lower than what the jewelery would get for it.
> 
> 

-- 
Brad Mugleston, KI0OT

There are 10 types of people in this world.  Those that 
understand binary and those that don't.


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