Diamonds are a commodity, just like pork bellies or tin. Granted, a diamond is rather prettier than a piece of pork, but it is a commodity nonetheless. A stone of any given weight, colour, clarity and cut has a wholesale price. This is the same in Antwerp xmas links of london on sale, London, New York or Tokyo.
The diamond industry, dominated by the mighty DeBeers, doesn’t want you to think about crystallised carbon in this way. It likes to emphasis the “timeless beauty” of diamonds, a marketing effort that helps protect profits within the retail diamond trade.
The result is that diamonds purchased from a high-street jeweller depreciate xmas links of london sale, appropriately enough, like a stone. A Pounds 10,000 pair of diamond earrings on sale in your local high street will be worth perhaps half to one-third of this amount the moment you walk out of the shop.
There are, however, ways for the canny buyer to get good quality diamonds at prices much closer to the “wholesale” level and thus avoid the worst ravages of depreciation.
The first step is to understand why diamonds bought on the high street carry such a huge mark-up. One reason is that high street jewellers have to carry a massive amount of stock; this means large sums of working capital, which has to be financed links of london bangles . Another is that diamonds pass through many hands before they reach the high street. The “diamond pipeline,” as it is known in the trade, is extremely long.
The mining company that digs “rough” diamonds from the ground will probably sell to DeBeers. It handles about 70 per cent of world trade in rough stones although its grip has loosened in recent years, thanks partly to the chaos in war-torn diamond producing countries such as Sierra Leone and Congo links Earrings .

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