Do diamonds increase in value?
I have a 14K Diamond Solitare Marquise -27TW that was an engagement ring that I need to sell? It was purchased in 1987. I didn't wear it very long.
- 1 decade agoFavorite Answer
hey this question has been answered before!
- Anonymous5 years ago
The worldwide diamond trade is controlled by a few organisations based in Holland, South Africa, Botswana and USA(new York). The most important of these are a company called "De Beers", and they are the largest Whole seller(and miners) of diamonds in the world. They hold back most of what they mine, so that they can keep the prices high. Things like the Gold-price goes up and down, but thanks to (or because of) DE Beers, diamonds almost always stay the same...