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The Diamond's Business

4M views · Mar 27, 2024 · Entertainment

Comments · 1.4K

  • @Rock-Bottem1982 · 1 year ago

    Go ahead and spend $50,000 on an engagement ring, then try to sell that same ring back to a jewelry store.  They will only give you 5% of the price you originally paid.   Jewelry is one of the BIGGEST scams in modern time

    743

  • @ianmckenzie319 · 2 years ago (edited)

    This channel unironically has the best documentaries, especially since they started pumping more out over the last year.

    130

  • @shelbynamels973 · 2 years ago

    Keep in mind that diamonds in jewelry making is a relatively recent fashion. Before the early 19th century, jewelers relied on colored gemstones and pearls for their creations. Diamonds really got their boost in the 30s when DeBeers started the 'two months salary' for an engagement ring campaign.

    184

  • @yaheeaalzuhary1607 · 2 years ago

    as a young gemologist and jeweler, i absolutely loved this video, its formal and very entertaining

    81

  • @TheWardDispatch · 1 year ago

    This documentary is actually very well-done and gives a real good glimpse into the world of diamonds.

    3

  • @Mom_sBasement · 2 years ago

    It takes one hell of a marketing department to sell worthless rocks.

    52

  • @brucejedwabny3473 · 2 years ago

    They have bins, like farmers have for corn, but these are full of diamonds, fact. There is no shortage of diamonds.

    24

  • @Actingskint · 2 years ago

    In a world where life is often seen as cheap , yet a shiny rock can cost more than most people. Will earn in an entire lifetime

    28

  • @cypress-Z71 · 2 years ago

    Rubies, Sapphires, and Emeralds are rarer than Diamonds. One heck of a monopoly, though.

    39

  • @afnanardi27 · 2 years ago

    Best documentary

    9

  • @thomasburke7995 · 2 years ago

    Very objective and well presented.. diamonds are basically used for wealth and nothing else

    5

  • @kathleenmartin7498 · 2 years ago

    I remember seeing a documentary years ago where a diamond dealer in Russia showed a huge warehouse with shelves full of cases of cut diamonds. There was a massive amount of them, and he said they only let out so many for sale each year, do they don't flood the market and their value stays high.

    70

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