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Old 03-03-2014, 14:41   #13
Studio25
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Re: `Investment grade diamonds`

I was hoping it might be a typo - and they just wanted me have bigger pens.

Quote:
Originally Posted by shillelagh View Post
whats an 'investment' grade diamond? have heard of industrial grade diamonds but never investment ones ...
Anything can be investment grade - it's simply the term used to indicate to the customer that the reason for buying is that they will resell it later for a profit. It seems diamonds have been a poor choice for investment since De Beers lost their monopoly over a decade ago, because the discovery of new mines is dropping the price of raw diamonds and the second-hand price is plummeting as a result.
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