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Re:Diamond Prices Are in Free Fall in One Key Corner of the ... by rasz on Thursday September 07, 2023 @01:19AM (#37415019)
>it appraised for 16k

wasnt that a fraud by a jewelry store, claiming its worth 16K while not willing to pay that much for it?

Re:Diamond Prices Are in Free Fall in One Key Corner of the ... by BluePen8 on Thursday September 07, 2023 @01:33PM (#37422555)
I agree, and don’t really get it either. Some stores it’s even advertised that their goods are appraised at more than their price.

Maybe it’s a marketing thing, but to me it just feels like fraud against whoever has to insure it (if I list it on my home insurance for example).