Originally posted by Menelaus
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Reply to: Engagement ring help...
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Previously on "Engagement ring help..."
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I paid around £2500 for a .8 carat diamond engagement ring from Hatton Garden.
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Originally posted by AlfredJPruffock View PostShoud it have been 'Divorces are a girl's best friend '?
From the financial perspective ?
BTW - who's the hottie in your avatar?
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Originally posted by Sysman View PostWhich comes to mind any bloke who says "If anything happens to me she'll be able to sell the ring." Apart from the fact that she might not want to sell it, that mark up will be felt if she tries to raise cash from the thing.
"Diamonds are a girl's best friend" was just a marketing slogan, albeit a very clever one.
From the financial perspective ?Last edited by AlfredJPruffock; 29 July 2009, 15:05.
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Originally posted by minestrone View PostI used to know someone in the business, she told me that the mark up on jewelry is astonishing.
"Diamonds are a girl's best friend" was just a marketing slogan, albeit a very clever one.
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Originally posted by Amiga500 View Postexpect to sell your diamond for about 25% of what you paid for it.
And anyway, if she scarpers and keeps the ring, wouldn't it be nice to know she's not getting much for it?
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Originally posted by oracleslave View PostI proposed after we'd both hiked to the top of the drakensberg amphitheatre. Hurt my flipping knee kneeling on a rock in the process
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Originally posted by Weltchy View PostI proposed in November in the middle of Central Park New York. The engagement ring was a 1.06 carat Asscher Cut, VVS2 E, GIA Certified Diamond.
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I proposed in November in the middle of Central Park New York. The engagement ring was a 1.06 carat Asscher Cut, VVS2 E, GIA Certified Diamond.
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Originally posted by sasguru View PostExplain why diamonds have no value.
They don't hold their value because sellers add about a 300% mark up to them, expect to sell your diamond for about 25% of what you paid for it.
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Originally posted by NetwkSupport View PostBT: When did this whole diamond engagement ring thing start?
JR: Diamonds became engagement stones around the end of the recession. Ernest Oppenheimer, who was in control of De Beers in the 1930s, was shutting down diamond mines to control supply and keep the price of diamonds high. He sent his son Harry to New York to meet with advertisers, because he realized that he couldn't have diamonds being bought up just by rich people. They needed something that would appeal to everyone.
Well, everyone has to get engaged. So they spent a million pounds a year (about $1.7 million) to establish the diamond engagement ring as a sacrament -- a spiritual thing. "Diamonds are forever." They invented that and advertised it at every high school at the time. They got Paramount Studios involved by having the female stars wearing diamonds and by creating diamonds films. Marilyn Monroe's "Diamonds are a girl's best friend" and such. That advertising campaign created the myth.
It was quite different in old times. Diamonds in India, for example, were worn for many years mostly by men. Their hardness was a symbol of fertility. They had to create a new story about diamonds for the woman.
Which is why I was determined to get a bargain, at least with an antique ring it has some character.
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