Aurora43|1479687569|4100899 said:Many things like homes or cars depreciate as soon as they are sold unless there is a lot of upgrading done on them. Is this the case with a diamond ring as well? Or, do they become more valuable with age if they are still in mint condition?
Yes.Aurora43|1479687569|4100899 said:Many things like homes or cars depreciate as soon as they are sold unless there is a lot of upgrading done on them. Is this the case with a diamond ring as well? Or, do they become more valuable with age if they are still in mint condition?
Aurora43|1480127774|4102654 said:Thanks for the great answers. I was wondering this because my sister inlaw has a beautiful diamond ring that was owned by her great grandmother and she was told about ten years ago that it was worth $15,000. She is in a bit of a financial bind now and wondered if she could still get that amount out of it to pay off a couple of her credit card bills. I'll tell her it is best to have it appraised by a few different jewelers so she can know exactly what it is worth now.