Does anyone know the prices of diamonds 10 years ago?

[threepwood]

My mum was telling me how she paid $5k for a good one carat 20 years ago.. I have no idea if she over paid for that.. So that left me wondering how many percent has the price of diamonds went up in last 10 years.. It could be prices for 1,2,3 carats.. Do you think diamonds many good investment piece if its over a carat big?

 

[slyons29]

Hmmm, that''s a really good question -- when most of my friend got married about 10-12 years ago, most with a carat (rounds, princess and pears where the popular ones then) they ranged from $3K-$6K, but of course I don''t know what cut quality they were.

And since pricescope didn''t exist back then I''m guessing they all weren''t the best cut grades

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My sister''s husband bought her a Marquise (which she didn''t like but kept) of about .9 carats with a so-so color and mediocre cut grade (J/SI2) from Fortunoff, (which I am currently referring to as "RIPYOUOFF"). He spent a total of $4K on a flimsy white gold setting that was already falling apart at their 8 year wedding annivesary and then one of her prongs came loose and she lost her stone. (But found, remarkably, on her front stoop!) Hey, he didn''t know better, but now I do and am trying to help her decide on a reset or a different ring all together.

Anwyhoo, I think it''s hard to find solid prices, knowing what people know now. I''m guessing that the average consumer was only look at the 4Cs back then.

Just my two cents!

tx,

 

[belle]

this might help https://www.pricescope.com/community/threads/diamond-price-decrease.39472/

 

[threepwood]

Thank Bella for the link.. That was an interesting article..

 

[oldminer]

We have Rapaport Sheets from way more than 10 years ago. What Date, shape, weight, color and clarity is the stone. We can readily construct a percentage change for that from then to now.

 

[threepwood]

Hi Oldminer, do you have the link to the Rapaport Sheets? I cant seem to find it from your link.