The ad from 1993

[whitewave]

Look at what I found cleaning out my closet just now. Remember how I told you all when we bought my engagement ring in 1993, we walked into a store and bought a ring based on the ad? Dh had cut the ad out to show me at lunch that day. Lol

If I remember correctly, this is May 1993 I thought someone might get a kick out of it.

.75 $1100.00


.

 

[daintyG]

Aww, how special! What great memories, I'm sure. Is the round ring pictured your actual ring?

 

[WinkHPD]

a 3.25 for 19,000. I remember those days and just HOW FREAKING EXPENSIVE diamonds had gotten.

LOL, I wish we could roll back the pricing clock to THOSE days.

When I started in the jewelry business, a 1 ct D-IF with GIA report was a whopping $2,500 and gold was at $35 per ounce. I turned down a bag of Krands at $50 per coin while I was in the back country of Brasil escorting and translating for some American colored gem buyers because I thought the price was too high per coin. Sigh, wish I had bought the bag, and every 1 ct D-IF I could find. By 1980 the gold was worth about $850 per ounce before it came tumbling back down and in Feb of 1980 a 1 ct D-IF traded between dealers at the diamond dealer's club for a mere $65,000 per carat. A few months later, reality had set back in and you could only get 12 - 15 k for it.

Thanks for the memories whitewave!

Wink

 

[tyty333]

That's so sweet that you kept the ad (and were still able to find it)!

 

[whitewave]

Dainty, no, that is not mine (would be cool of it were). I had it set in a 6 prong yellow gold tiffany setting.

Wink, I love hearing the stories from trade members. You all sure have seen a lot of changes.

Tyty, I am surprised too that I kept it because I am generally not sentimental...

 

[WinkHPD]

LOL, yes we have, and I try not to be like those Old Man Caricatures, sitting in my rocking chair telling you how it was in the old days. For one thing, I do not have a rocking chair.

I do have some wonderful tales to tell as I was blessed to live during some "interesting" years. I watched the AGS Laboratory become a reality after the GIA refused to adopt a reasonable cut grading system for the jewelers who were beginning to understand that cutting was important.

I watched Hearts and Arrows go from a "What the HECK is THAT all about" with the public to a fairly large percentage of people now actively look for a good H&A cut.

I have also seen some epic FAILS in the industry when promised technology did not do as promised, but even those fails advanced the knowledge base of our industry and will help lead us to eventually being able to offer even better information to the public that depends on us to know what we are talking about.

Oops, starting to ramble again. See you on the boards.

Wink

 

[whitewave]

Wink, I am very seriously that person who likes to hear the stories. I'm interested.