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A comment on De Beers admits defeat over man-made diamonds. Parent comment

Re:De Beers admits defeat over man-made diamonds by himom on Wednesday May 30, 2018 @04:00AM (#17185915)
Diamonds have little resale value because of high retail markups, on top of previous De Beers monopoly price controls. If someone paid $3000 retail for a ring, good luck getting $700 for it.
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Re:De Beers admits defeat over man-made diamonds by 6nf on Wednesday May 30, 2018 @06:13AM (#17186455)
If that is true, where can I buy second-hand diamonds for a fraction of the cost?

I've looked and I can't find any.

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Re:De Beers admits defeat over man-made diamonds by gowld on Wednesday May 30, 2018 @01:04PM (#17189430)
https://sfbay.craigslist.org/search/jwa?query=diamond+engage...
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Re:De Beers admits defeat over man-made diamonds by 6nf on Wednesday May 30, 2018 @05:36PM (#17192074)
Hmm I cant seem to find any listings that include the colour or clarity so I assume those are all pretty low value diamonds anyway?
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Re:De Beers admits defeat over man-made diamonds by astura on Wednesday May 30, 2018 @09:51AM (#17187612)
Pawn shop?

I don't know if they actually do this but I imagine if you sell your ring to a jeweler they can send it off for the band to be melted down the stone to be polished and re-set so the resulting ring is resold as "new."

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