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- Jul 27, 2009
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I'm not an expert on the second hand market but I have been around long enough to know that most jewelers buying from the public pay as little as they can get away with. It is a shame that such is the prevailing ethic. A fairly priced second hand market for diamonds would do wonders for the the jewelry business. Efforts are being made by influential people in the industry to bring that about. And there are many ethical jewelers who do pay strong prices.n64bomb|1422030102|3820895 said:I'm not buying from a jeweler. I am buying secondhand. So I am trying to see how much a jeweler would have to pay wholesale to buy that stone and/or how much and jeweler would pay to buy that stone secondhand to see where I should land at in negotiation.
My guess is that the median price paid today by jewelers buying from the public for a stone like that is in the range you suggested: 50% -60% of rap.