Is it a good time to sell an Argyle Pink Diamond?

[Garry H (Cut Nut)]

You are correct Garry. That is the Company that I am dealing with. They have been so very helpful to me. This is such a great new platform that makes it much easier for private sellers and buyers to be able to sell or buy Argyle Pink Diamonds. Before this platform, there really was no way for a seller to be able to make a profit from this very profitable asset. If i had lots of money, there is no way that i would be selling this diamond at this time. I believe if a person has a lot of money Argyle pink diamonds should be a part of your portfolio. However, I am not in that catagory

Good..
There is another company doing similar but I am not as confident with them.
Tim seems to be running a good business.

 

[pink diamond lover]

Good..
There is another company doing similar but I am not as confident with them.
Tim seems to be running a good business.

I just can't express how much i appreciate all that Tim and his people (especially Karen Lindley) have helped me with this! It is by far, the best customer service i have ever received in my life and i am in my 60's so that says a lot!

I did have another company make me an immediate offer, that was very close to the reserve price at Your Diamonds, and they would pay me as soon as they received the stone and verified it.

Instead, i choose to go with Your Diamonds because 1 I am not in a rush to sell and 2 because the expertise, kindness and customer service of Karen Lindley and staff has been nothing short of amazing!! I have asked so many questions and responses from them has always been so efficient and they go out of their way out of their way to help!

If you want to sell your Argyle pink diamond or you want to buy one, I would 100% recommend that you check out there site and then talk directly to Karen at [email protected]. Their profit is split between buyer and seller so everyone wins. Seller can make a profit and buyer gets a good price.

They have shown me they are very trustworthy! That is huge when it comes to sending your life's savings so far away!!

I am excited to share what happens with the next tender that my stone will be in and answer any questions that anyone has. I am so happy that i found this forum and now have others to share my stories and experiences with. The people here are amazing and very supportive. Thank you!

 

[Rockdiamond]

Good..
There is another company doing similar but I am not as confident with them.
Tim seems to be running a good business.

Interesting- glad you can independently verify. How long has the site in question been operating?

There do seem to be aspects that seem a bit ….. unrealistic. They continually mention they don’t give investment advice while constantly framing pink diamonds as financial investments.

 

[pink diamond lover]

Interesting- glad you can independently verify. How long has the site in question been operating?

There do seem to be aspects that seem a bit ….. unrealistic. They continually mention they don’t give investment advice while constantly framing pink diamonds as financial investments.

Your Diamonds has not been operating for more than a few years i think. However, the people involved in it have been in the business for many, many years and are experts in their fields and very well known in the industry. This will be their 3rd public tender. The other 2 were very successful.

As far as I can tell they are not in the investment business. Not once, has financial investment ever been talked about with me. It is myself personally that feels, if you have extra money, Argyle pink diamonds are a very good investment idea. Your Diamonds fills a void that makes it possible for private sellers and buyers to come together easily which makes the process much easier than ever before. Like I have said, if i had extra money, I would NOT be selling now but things in my life have not gone the way i expected and i can't afford the insurance and proper storage anymore. Which means, i haven't been able to wear it as planned and it has become very stressful for me to own it.

I am extremely appreciative to have found this company. For me personally, this argyle pink diamond has been an excellent investment and has gone up substantially since i made my purchase, many years ago. I feel as time goes on, it is just going to keep going up as there will always be people who want natural over man made.

I had a cash offer where i would have made over 10,000 profit but choose to go this way instead because i am in no rush to sell and this solves my insurance and storage issues. I am happy to keep it with them as they have shown me nothing but AMAZING customer service and support.

If you have an Argyle Diamond that you are thinking about selling, I would highly recommend talking to Karen Lindley about it. Her email address again is [email protected]! If you are thinking about buying check out their website at https://yourdiamonds.com/ and have a look at their past tenders and keep an eye out for their new upcoming tender.

 

[Garry H (Cut Nut)]

Interesting- glad you can independently verify. How long has the site in question been operating?

There do seem to be aspects that seem a bit ….. unrealistic. They continually mention they don’t give investment advice while constantly framing pink diamonds as financial investments.

It is a legal requirement in Oz David.

 

[LilAlex]

^ They have a vested interest in creating this type of "virtual bazaar" where consumers can confidently buy and sell APDs back and forth. They are not doing you a favor by being kind and attentive; this is their business model. It does not matter how much the market goes up or down -- the house always wins.

 

[Rockdiamond]

Argyle pink diamonds are a very good investment idea.

It’s a horrible investment idea for consumers. As a trade member for over 40 years, one of the most despicable behaviors of dealers I’ve seen is making efforts in convincing people that diamonds are sound financial instruments . Buy them for love.

It is a legal requirement in Oz David.

What legal requirement are you referring to Garry?

 

[Garry H (Cut Nut)]

It’s a horrible investment idea for consumers. As a trade member for over 40 years, one of the most despicable behaviors of dealers I’ve seen is making efforts in convincing people that diamonds are sound financial instruments . Buy them for love.


What legal requirement are you referring to Garry?

Anyone in Australia who is selling things that may be construed as "investments" is advised to mention they are not a registered or licenced investment advisor.
Simply mentioning you are not suffices.
Real estate agents, bank tellers, insurance salespeople, diamond floggers etc

 

[Daisys and Diamonds]

Anyone in Australia who is selling things that may be construed as "investments" is advised to mention they are not a registered or licenced investment advisor.
Simply mentioning you are not suffices.
Real estate agents, bank tellers, insurance salespeople, diamond floggers etc

Sounds like my stupid bank (ANZ)
when we renewed the mortgage last

 

[Daisys and Diamonds]

Good luck for a profitable sale @pink diamond lover

 

[Rockdiamond]

First- I also wish nothing but the best of luck for @pink diamond lover
The issue, as I see it, is the unrealistic promotion of diamonds ( be they Argyle or not) as an investment.

Anyone in Australia who is selling things that may be construed as "investments" is advised to mention they are not a registered or licenced investment advisor.

It's so easy to get around this requirement. They flaunt this regulation at every turn.
Here's a paragraph from the site in question, under the heading

Are pink diamonds a good investment?
We do not provide investment advice.

We are a secondary market facilitator for buyers and sellers in return for a modest transaction fee. However, we can report the facts. ASX listed Rio Tinto owns and operated the Argyle diamond mine (1983 – 2020). Rio Tinto reports publicly that the selling prices of pink diamonds from its mine increased by 500% during the twenty years from 2000 to 2020. This has been reflected by massive increased prices paid by consumers.

Yielding a good return on an investment can be more about the way you buy. If you buy well on the secondary market, it is more likely you will experience capital growth quicker than if you buy on the primary market.

Here's a link to the page:

Buying

YourDiamonds are the leaders in the pink diamond trade. Buy, bid and sell pink and argyle diamonds. See Australia's biggest tender for diamonds ever.

pink.yourdiamonds.com

Then this gem..here: https://pink.yourdiamonds.com/
Referring to Argyle diamonds(sic)
Storage of Wealth since 1983
500% ↑ 2000 – 2020

This- under the heading:
Buying an investment class asset is all very well but what if I want to re-sell it? ( my bold and underline- remember they are NOT selling investments)


Until now this has been a problem.

The yourdiamonds.com secondary market platform is new and highly successful. We make a lifetime guarantee to our buying customers that when they wish to sell, we will do so with their seller’s fee cut in half. Yes, their re-seller’s fee will be reduced to just 5%.

They are not guaranteeing a sale- except a reduced commission if someone decides to sell.

Heck, they're even offering 12 month interest free financing!
There are no published details on that offer.....want to bet that at the first minute after the 12 months is up, interest begins to accrue?
Extremely likely that the buyer will get a bill for the entire year's interest...and likely at close to 30%.. This is a common practice in promotional offers- but since there are no details on the site, we can't see


Something really seems amiss....

 

[Garry H (Cut Nut)]

Just hit my email:

 

[LilAlex]

This makes me laugh. I have been pricing a few US stamps that were out of reach when I was a kid and -- even after these many decades of appreciation -- are a teeny, tiny fraction of the typical PS budget. I saw one classic find for sale and it was still in its '70s-era holder from a stamp "investment company." I know they are long gone.