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A comment on Diamonds Keep Getting Cheaper. Parent comment

Re:Diamonds Keep Getting Cheaper by bsanr2 on Wednesday November 13, 2019 @04:14PM (#21529648)
>Diamonds cannot be resold.

I wasn't aware of this. What's the rationale?

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Re:Diamonds Keep Getting Cheaper by praptak on Wednesday November 13, 2019 @05:00PM (#21530091)
Try the classic "Have you ever tried to sell a diamond?" article:

https://www.theatlantic.com/magazine/archive/1982/02/have-yo...

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Re:Diamonds Keep Getting Cheaper by sbierwagen on Wednesday November 13, 2019 @04:17PM (#21529679)
They can be sold of course, but you'll get back maybe 50% of the purchase price.

https://www.diamonds.pro/education/sell-diamonds/

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Re:Diamonds Keep Getting Cheaper by takeda on Wednesday November 13, 2019 @04:31PM (#21529819)
Superstition that wearing someone's wedding ring is a bad luck. Probably was similarly manufactured to keep higher demand for diamonds.
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Re:Diamonds Keep Getting Cheaper by ncmncm on Wednesday November 13, 2019 @07:47PM (#21531583)
More that the people you would take it to have way too many already, and would love to unload them on the next pigeon.

I have got some mileage out of characterizing mined diamonds as symbolizing south-African slavery. At least, my wife didn't want one.

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