enyouartist
Rough_Rock
- Joined
- May 19, 2004
- Messages
- 72
With gold at record prices, I was just wondering whether 2010 diamond prices have gone up significantly from when I purchased my ACA 1.2ct G/SI1 diamond in 2004. Thanks!
2010 diamond prices vs 2004 diamond prices
- Thread starter enyouartist
- Start date
Stone-cold11
Super_Ideal_Rock
- Joined
- Sep 9, 2008
- Messages
- 14,069
Why not just search what is WF selling their ACA for now?
Well, it depends. What did you pay in 2004?
This one (1.23 ct G SI1 ACA [same vendor, see]) is about $8.1k:
http://www.whiteflash.com/loose-diamonds/round-cut-loose-diamond-2231246.htm
But, we also have to take into account inflation since 2004 (real dollars vs current dollars). Using a compounded inflation calculator tied to the CPI, this means that what is worth $8.1k today, was worth about $7.1k in 2004 dollars.
So you can figure it out from that.
* If you paid more than $7.1k in 2004, the price has gone down in real terms.
* If you paid less than $7.1k in 2004, the price has gone up in real terms.
* If you paid about the same, then diamonds are keeping up with inflation.
This one (1.23 ct G SI1 ACA [same vendor, see]) is about $8.1k:
http://www.whiteflash.com/loose-diamonds/round-cut-loose-diamond-2231246.htm
But, we also have to take into account inflation since 2004 (real dollars vs current dollars). Using a compounded inflation calculator tied to the CPI, this means that what is worth $8.1k today, was worth about $7.1k in 2004 dollars.
So you can figure it out from that.
* If you paid more than $7.1k in 2004, the price has gone down in real terms.
* If you paid less than $7.1k in 2004, the price has gone up in real terms.
* If you paid about the same, then diamonds are keeping up with inflation.
enyouartist
Rough_Rock
- Joined
- May 19, 2004
- Messages
- 72
lol I paid exactly $7.1K!
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