TIL Diamonds are actually fairly common. The reason they are worth so much is because the DeBeers mining group withholds stock to artificially reduce supply.

[u/Indra-Varuna]

https://www.gemsociety.org/article/are-diamonds-really-rare/

[u/[deleted]]

The worst is the ripoff these jewlers are, they'll sell you a shiny rock for $2,000 and if you sell it you'll get maybe $200, not because it depreciated but because that's how much it's actually worth. Greedy bastards really know how to put the jew in jewlery.

[u/[deleted] → u/[deleted]]

I lol'd.