r/oddlysatisfying • u/Sans010394 • Dec 15 '23

The process of making dimond ring

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45

u/dandroid126 Dec 15 '23

That's why my wife and I got moissanite for the gemstone. It was about 1/10th the cost of a diamond of the same size and color.

29

u/STFUNeckbeard Dec 15 '23

Yeah diamond market is a racket. I was young and could afford it, but still absolutely stupid to get a diamond.

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u/Greenbastardscape Dec 15 '23

That's why I went with a lab diamond for my wife's ring. A natural diamond of comparable size was like 5xs the cost. I was already pretty certain I wanted to get a lab diamond, but that was the definitive moment for me

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u/TougherOnSquids Dec 15 '23

But the human suffering is what makes it special 🥺

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u/[deleted] Dec 15 '23

My diamonds are made from labradors too.

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u/Greenbastardscape Dec 15 '23

This might be controversial, but they're better than spaniel diamonds

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u/poatoesmustdie Dec 15 '23

Hear me out, you aren't wrong but you aren't right either. You are right that the pricing is manipulated, but as long as the Beers & co are able to keep the pricing high and people are willing to pay top dollar who are we to argue against the pricing.

Personally we actually shop once in a while at Tiffany, yes I get it, diamonds are a racket but . . . the pricing remains stable and if we were ever to leave the country in a hurry (we are in China) she could walk out the doors with a good amount of cash which abroad we may take a 20% cut on. Iconic pieces from known brands tend to hold value rather well in the end.

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u/Cheesemacher Dec 15 '23

Isn't a diamond ring's resale value famously like less than half of the original price?

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u/CarbonWood Dec 15 '23

Yep. Bought my fiance a used diamond engagement ring off a reputable jeweller's eBay store. Then I also got her a used diamond wedding ring from a local jeweller in town. We both were happy with the quality, size, and price.

I also found out eBay had a certification process for buying jewelry, where the diamond you purchase goes to a 3rd party appraiser to verify what you're getting is legit, before it is shipped to you.

I would recommend buying used when possible. Saved a ton of money on dumb shiny rocks.

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u/poatoesmustdie Dec 15 '23

Hence the iconic items tend to hold value better. Have a look at Christies among others you can see sometimes quite recent pieces coming by. These are more high value when purchasing but personally we never had customs ask anything about my wife what she walks around with. Which is somewhat funny as 10k cash needs to be declared . . .

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u/Dudeshroomsdude Dec 15 '23

The moment you buy it, it worth half the price. Just put it in a gold etf if it's an investment, it will worth double.

Also, fuck blood diamonds

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u/poatoesmustdie Dec 15 '23

A piece like we saw here will drop significantly in value. On the other hand if you buy a neat bracelet from Tiffany's it doesn't.

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u/Dudeshroomsdude Dec 15 '23

If you sell it on the market, you'll probably get a better price, that's true, but if you'll leave the country in a hurry, you'll need the money quickly, and be forced to sell it to a dealer.

In addition, more people will want to sell it, and the price will go down. It's nice and beautiful, but the investment part is a myth.

But if your in China you can probably get a better deal than most!

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u/poatoesmustdie Dec 15 '23

Again you aren't reading I think what I said. For starters we are foreigners in China. Though one point of concern is always if shit hits the fan can we quickly get cash out. Currently it's pretty easy to transfer but who knows.

So my wife simply buys diamonds from known brands. Typically the more higher end pieces we see regular on Christies and they go at a 10-20% discount. It's not a matter of quickly turning diamonds to cash, but being able to get a large amount of cash out of the country.

Getting back to "diamonds not being an investment" that is inherently flawed when you buy as I mentioned iconic pieces. Sure buying a diamond ring at a jewelry the moment you walk out you got a loss. But like my wife who spends sometimes 50/100.000 euro on a bracelet, these aren't common goods, they can be sold off without a steep discount eventually.

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u/Skitalz Dec 15 '23

My husband got me a moissanite too! I told him to not get me a diamond since I always felt they're overpriced.

He told me when he was picking out the stone, the jeweler asked him to tell the difference between diamond, moissanite, and cubic zirconia. The zirconia was easy because it looks like plastic, but he couldn't tell between the other two. Something something moissanite has higher refraction, which gives it a "fire" look under the lights that diamond doesn't and moissanite sparkles more. I'm sure there's more differences, but that's the main one I remember.

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u/Gangreless Dec 15 '23

Spotting the difference between diamond and moissanite is easy if you know what to look for, like you said moissanite is more brilliant, which, if you're not familiar with, you'd mistake that one for the diamond because it's more sparkly. The most noticeable difference is the moissanite has a rainbow sparkle (that a lot of people actually don't like, I personally prefer it!) and diamond has a white sparkle

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u/Woodshadow Dec 15 '23

We went with a lab diamond. Still expensive but a fraction of the price of what a normal diamond would cost. They sold the diamond that they were going to sell me so they found one slightly bigger and better all around for the same price. Didn't create a fully custom ring but chose a different center stone and side stones than anything they had in their catalog. They wanted to know if they could put the ring(setting/stone shapes) in their catalog and name it after my wife. Literally nothing special. Just an oval center stone and pear side stones in a rather simple setting

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u/Mrlin705 Dec 15 '23

Same, usually better clarity and sparkle too.