- Joined
- Feb 29, 2012
- Messages
- 12,331
You got AN ACTUAL DEAL ON A DIAMOND???? THAT WAS IN YOUR FAVOR FINANCIALLY????
That stone is indeed a unicorn, then. I applaud your deal making expertise and when I go to IDJ I'm going to ask for the I Like Shiny Unicorn Deal! .
It sounds like a straight up insurance replacement appraisal, to be honest. I doubt IDJ is losing money on diamonds.
It is like a house: a house is worth what someone is willing to pay for it. I assume it is the same with diamonds: the diamond is worth what she paid for it.
@ILikeShiny be sure to read the posts from trade members about inflated appraisals. You pay more for insurance and you get nothing in return for it if you have to replace your diamond-- you only get like for like, which is usually around the price of what you paid and not a dime more.
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