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 What happens to the trade ins?

P:  11/4/2006 10:31:20 PM  
Cehrabehra
Cehrabehra

Ideal Rock
Total Posts: 7,597
Last Post: 11/21/2009
Member Since: 6/29/2006
 
So..... just curious.... what happens to the trade ins?  Typically stones cannot be resold at the same price, and we know some of these vendors do a LOT of trade ins.... so like, taking mara for example... she's had a few trade ins.... do they get resold at current market price and the consumer is none the wiser?  I don't think it would bother me to have a trade in so long as the polish was still immaculate... but what???

 


Sara

The most beautiful experience we can have
is the mysterious - the fundamental emotion which
stands at the cradle of true art and true science.
~ Albert Einstein ~
Posted:  11/4/2006 10:31:20 PM

 There are 4 replies to this message.  There are 4 replies on this page.

P: 11/4/2006 10:48:22 PM
Stone Hunter
Stone Hunter

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Total Posts: 3,778
Last Post: 11/18/2009
Member Since: 5/12/2006
 
Regular jewelry stores take them out of the setting and polish them if needed.  Then they mark them up and resell them.

I guess the internet vendors do the same.

Posted:  11/4/2006 10:48:22 PM
P: 11/4/2006 10:57:37 PM
Lynn B
Lynn B

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Total Posts: 5,142
Last Post: 11/22/2009
Member Since: 5/9/2004
 
There've been discussions about this before, I'm sure you'll find a lot of reading pleasure if you do a search.

But yes, basically, traded-in diamonds are examined, usually re-certed, and then resold at current market value.  Most of the time the new buyer is none the wiser.  


And THAT'S my story and I'm sticking to it!

Posted:  11/4/2006 10:57:37 PM
P: 11/4/2006 11:18:49 PM
Cehrabehra
Cehrabehra

Ideal Rock
Total Posts: 7,597
Last Post: 11/21/2009
Member Since: 6/29/2006
 
Date: 11/4/2006 10:57:37 PM
Author: Lynn B
There've been discussions about this before, I'm sure you'll find a lot of reading pleasure if you do a search.

But yes, basically, traded-in diamonds are examined, usually re-certed, and then resold at current market value. Most of the time the new buyer is none the wiser.

I never thought to search THIS topic!!!  I thought I'd seen everything already ;) lol!!  Okay, I think the key here is *RE-CERTED*!  That way you just never know... interesting!!!  Though kinda unfair that they can resell like new and we can't!!!

Sara

The most beautiful experience we can have
is the mysterious - the fundamental emotion which
stands at the cradle of true art and true science.
~ Albert Einstein ~

Posted:  11/4/2006 11:18:49 PM
P: 11/4/2006 11:30:59 PM
diamondfan
diamondfan

Ideal Rock
Total Posts: 10,996
Last Post: 11/21/2009
Member Since: 6/17/2005
 
From experience I know Tiffany's sells them on the secondary market...such a shame, because my three stone ring that I traded was amazing and it was not nice for me to think it was just going to be taken apart and shipped off...

****************************
"There is no such thing as fun for the whole family-there are no massage parlors with ice cream and free jewelry" Jerry Seinfeld

Posted:  11/4/2006 11:30:59 PM

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