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Re: bizzyboy2 post# 34227

Sunday, 03/25/2007 4:50:19 PM

Sunday, March 25, 2007 4:50:19 PM

Post# of 82105
No. I am saying that an uneducated person may have paid $7000 for the stone that I got for $5600. I suspect the wholesale price of this stone to be in the $4800 range. Wholesale bulk diamonds are one thing, retail are completely different. As with almost any wholesale bulk item, the profir margin is much closer.
Again I am not an expert, but I have been taught a bit about diamonds from an associate of mine.
I have been dabbling in coins and jewelry for over thirty years.

WHAT I POST IS ONLY MY OPINION.




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