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Diamond Markup


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Comparable stones are generally cheaper in the US but how much varies depending on the dealers involved and what exactly you are looking for. Given comparable dealers the pricing is about the same and the sensible banking system, consumer protection laws and generally reasonable business climate makes the US a popular place to buy expensive things. There are a few people who can make money shipping diamonds between markets but it's a far more complicated business than most are imagining. If you're already in the US and your looking for a 'deal', start with the US internet houses. If you're in SA, I would probably buy locally just because of the convenience factor and the savings isn't worth the trouble of dealing with customs but for 'hardcore' shoppers it may gain you enough to be worth it.

 

Neil

Edited by denverappraiser
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