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Posted: 8/21/2006 3:32:29 PM EDT
[#1]
Just wait until the next one come along and recycle it.
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Posted: 8/21/2006 3:32:29 PM EDT
[#2]
It's not a car. Unless you damage the stone, their intrinsic value doesn't decline. UNLESS there is a glut in the market. The last time this happened was when the Russians released stones from their reserves without notice, flooding the market. That can no longer happen, as DeBeers has since purchased those rights. Only 100,000 ring quality diamonds are released worldwide per year (by DeBeers). Of that 100,000 only so many of a given carat weight/clarity/color are released to the retail market. This is why the stones already in the public realm do not depreciate, because there is global control of the release of rough-to-finish product. If the diamond market was deregulated (as the US .gov wants), then all the stones in the world would drop to their ACTUAL worth. Which is only about $30 per carat. The INTRINSIC worth of diamonds is much higher. Everywhere in the world. Diamonds have been, and remain, a valued commodity globally. This is a short answer as to how they appreciate. Remove the perceived value of the stones, and the actual value will fall. Even without marketing, people all over the world have desired diamonds for centuries. Now with global markets and easier mining access and greater kimberlite pipe knowledge, the market must remain globally regulated to sustain value. Hope this helps explain it some. As a global commodity, it is complicated. |
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Posted: 8/21/2006 3:34:15 PM EDT
[#3]
Do more research, okay? DeBeers is the largest MAKER of diamonds in the world, too. ETA See what I highlighted in blue. Jewelers can always tell lab created stones. Their value is shit. I will not explain why, as you can probably guess. |
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Posted: 8/21/2006 3:39:19 PM EDT
[#4]
I had a friend with the same problem, and since a good friend of mine was a jeweler, he asked me the same question. My friend the jeweler said that his biggest problem was the HUGE mark-up on jewelery. He advised him that the best way to liquidate the wedding set, with the least ammount of anal soreness was to trade it in on heavy gold or a high end watch. I think that the presidential Rolex made him feel better about the situation.
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Posted: 8/21/2006 3:44:07 PM EDT
[#5]
As I said in my first reply, page 1
Wife V2.0 said she would love to use the ex's ring. It was a .44 carat E color VVS1 clarity diamond, 14 kt gold ring and band. It cost me $200 to have it transformed into this, and my wife wears it a couple times a week.  |
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Posted: 8/21/2006 3:46:28 PM EDT
[#6]
So, just for shits and giggles, mind you, go to Lowes/Home Depot and buy a diamond toothed saw blade. Knock off one of the saw teeth and give it to the next woman you want to marry, see what she says. See how much pie you get as a result, too. After all, it is a real diamond, right? |
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Posted: 8/21/2006 4:09:59 PM EDT
[#7]
Fortunately, I was spared this dilemma.
My ex took great delight in telling me how much she hocked my rings for. 
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Posted: 8/21/2006 4:12:14 PM EDT
[#8]
Good job ignoring my point...specifically the part in red. |
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Posted: 8/21/2006 4:15:03 PM EDT
[#9]
I didn't ignore the part in red. My point was this. A diamond IS PERSONAL to women! |
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Posted: 8/21/2006 4:20:25 PM EDT
[#10]
When my ex and I broke up, I had her ring melted and made into a little paperweight.
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Posted: 8/21/2006 4:23:52 PM EDT
[#11]
Regardless of what our resident DeBeers cheerleader would have us believe, no one will ever pay close to retail for a diamond except the initial purchaser. After that, jewelers will only look to pay low wholesale --if that-- and the general public will still expect a steep discount from the initial purchaser for 'used' jewelry.
Diamonds in the public's hands don't appreciate because there are always new ones coming on the market and there is nothing about existing diamonds that can't be duplicated by brokers, cutters and jewelers tomorrow or next week. Diamonds only have the ridiculous value they do because women think they do. |
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Posted: 8/21/2006 4:25:45 PM EDT
[#12]
In my state (PA), the state supreme court ruled that the engagement ring (specifically), is part of the marriage contract. No marriage=no ring. If the couple decides to not go through with the wedding, she has to return the ring. If the couple become divorced, this could also be raised to get the engagement ring back to the husband, (but not the wedding ring). Pre-nup, pre-nup, pre-nup... |
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Posted: 8/21/2006 4:35:31 PM EDT
[#13]
I recall that ruling. I saw something about it a few months ago. I'm thinking another motorcycle or older musclecar because I'm damn sure not keeping that lump of charcoal. |
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Posted: 8/21/2006 4:36:24 PM EDT
[#14]
melt it down into a bullet so if you ever have to kill a demon you can |
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Posted: 8/21/2006 4:44:48 PM EDT
[#15]
Hold on to it.
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Posted: 8/21/2006 4:48:05 PM EDT
[#16]
I vote for titanium nipple rings. |
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Posted: 8/21/2006 5:02:38 PM EDT
[#17]
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Posted: 8/21/2006 5:09:07 PM EDT
[#18]
Troy brings the knowledge once again. |
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Posted: 8/21/2006 5:09:29 PM EDT
[#19]
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Posted: 8/21/2006 5:11:47 PM EDT
[#20]
Do that thingy we can't say anymore and post pics.
 GR |
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Posted: 8/21/2006 5:19:13 PM EDT
[#21]
I am in this very boat myself. I had mine cutom made. It apprasied for twice what I paid for it and it is up for sale at about $100.00 under what I paid for it. I am hugley torn about this but I think selling it will help me move on. Hell when we broke up I had the thing in my hand standing on the shore of the Atlantic Ocean ready to toss it in. The fact that it is 2 carats is the only thing that kept it in my hand...
IPSC_GUY SIERRA II ALPHA |
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Posted: 8/21/2006 5:37:15 PM EDT
[#22]
Hey...if Debeers starts using that, do I get a royalty or something? 
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Posted: 8/21/2006 5:49:31 PM EDT
[#23]
 [montyburns]"Smithers, get me that saucy fellow's name- I like the cut of that fellow's jib!"[/montyburns]
Absolutely right. My wife and I never went in for that big-as-a-house diamond engagement/wedding ring BS. Just a simple gold band. Of course, she's not American, so, that's probably why. 
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Posted: 8/21/2006 5:51:29 PM EDT
[#24]
Whatever you get, just make sure to sue the bitch for the depreciation value!
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Posted: 8/21/2006 6:11:08 PM EDT
[#25]
Amen. |
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Posted: 8/21/2006 6:46:19 PM EDT
[#26]
The true value of all diamonds is shit. DeBeers artificially inflates the price of what should be a semi-precious stone. Damn dude, did Zales let you off early today? |
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Posted: 8/21/2006 6:49:42 PM EDT
[#27]
Not to be contentious, but to point out "value". Explain how an AR-15 has the ridiculous value it has? Perceived value=value. Women (and men) perceive diamonds to have value. Therefore they're expensive. AR-15's have value in excess of the cost of manufacture/marketing. An AR has what? $25.00 worth of steel, aluminum and synthetics in it? Retailing at $1000.00+ Diamonds have value in excess of the cost of mining/cutting/polishing/grading/marketing, as well. |
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Posted: 8/21/2006 6:54:21 PM EDT
[#28]
Never said they didn't, just explained why the price point is where it is. |
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Posted: 8/21/2006 6:54:47 PM EDT
[#29]
+1 Some indian tribe in Australia would put a higher value on their favorite pointy stick than all the gold in the world. Women are emotional beings. To get pussy, men need to make women happy. The psychologist on M*A*S*H said it best. Everything in the world is based on sex. Women are happy when they feel good about themselves. One way a woman will feel good about themselves is when other women admire something about them. I purchased the ring I did for my wife because I NEVER wanted her to admire someone else's ring over hers. If all it takes is a rock to make her feel special, then it is worth whatever Debeers wants. My wife would have been happy without a diamond. But I couldn't respect myself to let that happen. |
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Posted: 8/21/2006 6:58:40 PM EDT
[#30]
 So they have to maintain an artificial 'shortage' in order to keep prices at a level they find acceptable, is what you're saying? Also, you're going to have to explain the differences between INTRINSIC and ACTUAL worth for those of us that don't have our thumbs on the pulse of the highly-complicated global diamond commodity market. |
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Posted: 8/21/2006 7:03:12 PM EDT
[#31]
+1 to this. Some women just don't like diamonds. Period. Gem wise they gravitate towards other equally expensive stones instead. Look at the prices for emeralds and rubies. Equal carat weight to a diamond will cost you more based on stone quality. For two precious stones that are (globally) just as common as gem quality diamonds. |
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Posted: 8/21/2006 7:07:28 PM EDT
[#32]
DeBeers is aggressively marketing the diamond engagment ring / image thing to developing markets. Last I read they had even made serious inroads into China - a country where the idea of an egagement ring really didn't exist that long ago - now the "diamond" engagement ring is becoming an accepted norm there as well. How anyone could defend an "above the law" monopoly like Debeers is mindboggling. Comparing it to the free market in AR-type rifles is a travesty of logic. |
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Posted: 8/21/2006 7:08:28 PM EDT
[#33]
Yes, DeBeers controls the global market by maintaining the commodity level through restriction of free commerce. ETA But remember, DeBeers owns the stones they release, owns the mines the stones come from, and has the right to sell to siteholders or not. If DeBeers refused to release stones for a year, any already out on the market WOULD go up in value. That is considerable control on an essentially unneeded commodity, but fashion/culture/perception of value drives the market. Also, the siteholders don't release all the diamonds they purchase from DeBeers, thereby hedging the market, so DeBeers isn't the only culprit. Your local jeweler probably has stones in a safe that are not for sale, until there is a shortfall of that particular cut, weight, grade, etc. Then they will sell for higher retail, just sound business strategy. Buy low/sell high. INTRINSIC worth=perceived value ACTUAL worth=worth of the stone in comparison to its commonality Better?  |
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Posted: 8/21/2006 7:11:53 PM EDT
[#34]
My woman, in her own words, doesn't care. She isn't materialistic. She would have been happy with just a plain band. But when she broke down and cried when she saw it, it was worth every penny. I have purchased more dollars worth of guns than her ring cost, and she has never said a negative word about it. She is into buying shoes. Lucky for me, that only means she buys two or three pair a year. |
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Posted: 8/21/2006 7:13:58 PM EDT
[#35]
If it was a nice stone, it would come out and I would soon have a new pinky ring.
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Posted: 8/22/2006 6:53:06 PM EDT
[#36]
Problem solved.
I talked with my mother tonight and told her what I was going to do with it (most likely trading it in for store credit). She reminded me that she lost her stone in her wedding ring several years ago and hasn't had the $$$ to replace it so, i told her she could have the rings if she didn't feel like there was some bad juju with it. She said not at all since I bought it and she gets it. Her ring was a solitare and so was the one for the soon (not) to be Mrs 89Saleen only the one I bought is larger (I think). She is going to keep the stones and remount them into her wedding set. She was sooo happy for it. So in the end I still made a woman very happy
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Posted: 8/22/2006 7:02:25 PM EDT
[#37]
Class act, bro. |
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Posted: 8/22/2006 7:04:50 PM EDT
[#38]
Indeed, what a guy......the other broad missed out |
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Posted: 8/22/2006 7:08:36 PM EDT
[#39]
replace with WILL!!!!! any |
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Posted: 8/22/2006 7:20:44 PM EDT
[#40]
Bla, bla, bla, and you can put your fake diamond on the finger of a Real Doll. |
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Posted: 8/22/2006 7:29:43 PM EDT
[#41]
You DA Man! It's Cool that you gave it to your mother and made the most special woman in the world to you happy. KUDOS! 
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Posted: 8/22/2006 7:32:10 PM EDT
[#42]
great plan it always good when mom is happy!!!!!!!!! |
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Posted: 8/22/2006 7:38:20 PM EDT
[#43]
I read somewhere once that a woman can tell the quality of a man based on how he treats his mother. |
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Posted: 8/23/2006 3:56:33 AM EDT
[#44]
That IS a cool solution. FTR? "Bad JuJu" can't apply to mom, silly! |
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Posted: 8/23/2006 4:33:24 AM EDT
[#45]
Awsome.
That's Damn Nice, and mothers deserve it for all the crap we put them through as kids!
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Posted: 8/23/2006 5:05:19 AM EDT
[#46]
You hear that whirr? That's DeBeers sucking the brain out of another one. It's sad really. You're right though.. It IS a symbol of your love. It's a big ostentatious way to show her (well really, all of her female friends and family) that you are willing to mindlessly give up ridiculous sums of money for something that means absolutely nothing to you because she wants it. If you can really impress the hen pack, it'll keep her smiling long enough to get through the worst of the early Bridezilla phase of engagement without too much pain. |
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Posted: 8/23/2006 5:17:29 AM EDT
[#47]
Oh bite me. Sad. meh. What's sad is that You totally missed my point.  I don't care if the ring is a diamond or a freshwater pearl. Bottom line, you are pledging your love thru a symbol. Even if that symbol is a cigar band, recycling said band to the next pledged love is frikkin tacky. |
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Posted: 8/23/2006 5:33:07 AM EDT
[#48]
I agree with you, that would be tacky. The whole process is tacky though, and being raped twice by the Cartel is not only disgustingly tacky, it's fiscally absurd. Seems that those on the recieving end of the stones often forget that. |
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Posted: 8/23/2006 7:41:03 AM EDT
[#49]
I disagree...if she had truly forgotten, she woulda kept the rock. I mean, nothing legally obliges a woman to return it...even if it was SHE who broke the engagement, I believe (all you leagel beagles feel free to correct me). |
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Posted: 8/23/2006 7:46:39 AM EDT
[#50]
That's a cool thing to do. I was going to suggest that you melt the rings down and make a ring for YOU! That's what my dad did with a set of rings he was about to give to my mom just before she decided to get a divorce. He melted the rings down and made a gigantic ring for himself that will be passed onto me one of these days. |
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