Darkwind, on 25 December 2012 - 12:35 PM, said:
Depending on the diamond they can be a good investment, (diamonds are a girls best friends), but as others said it might not be an expensive one. Find out what it is worth. I have found with children time is the greatest gift you can give them. If he is not giving her time he will pay for it in the end.
Actually, in 99% of cases, diamonds are like a new car; once they leave the showroom they're worth about half of what you paid, or less.
I would very rarely consider a diamond to be a good investment.
In fact, when two friends of mine recently got engaged, and he really wanted to buy a diamond for her but didn't want to overspend and wanted to keep it under $2000, I ended up taking him to a pawn shop (most good pawn shop owners know their diamonds pretty well) we selected a VERY ugly setting that had a nice one plus carat stone in it. He paid $525 for it. we then took it to a local jeweler who has his own on-site workshop, and had the diamond removed and a whole new ring made. Total cost was a hair over $1000 after buying the diamond and having the ring remade. The original ugly ring would have retailed for right around $4500. The reality was that the bulk of the value of her new engagement ring was in the gold, not the stone.
Edited by MissMelsWell, 25 December 2012 - 04:48 PM.