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Diamonds in Singapore

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uams
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Diamonds in Singapore

Post by uams » Thu, 20 Mar 2008 11:32 am

Hi mates,

Does anybody know anything about diamond market in Singapore??
Iwant to buy diamonds here but in some of the shops they are WAY TOO CHEAP. And i am suspicious!? Do I have to be???

What would be the best place/shop to purchase diamonds here?
If you know smth important/valuable about these sort of things, pls, share!!!!! I feel like I need help of smbd who stayed here longer than me and knows more about this market.

Thanksa lot!
:wink:

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ksl
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Re: Diamonds in Singapore

Post by ksl » Thu, 20 Mar 2008 5:17 pm

uams wrote:Hi mates,

Does anybody know anything about diamond market in Singapore??
Iwant to buy diamonds here but in some of the shops they are WAY TOO CHEAP. And i am suspicious!? Do I have to be???

What would be the best place/shop to purchase diamonds here?
If you know smth important/valuable about these sort of things, pls, share!!!!! I feel like I need help of smbd who stayed here longer than me and knows more about this market.

Thanksa lot!
:wink:
Diamonds are overrated by a long way :wink: Any idea how much a second hand diamond is worth? Those that do, would be too afraid to tell here, I'm sure!

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Superglide
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Post by Superglide » Sat, 22 Mar 2008 2:16 am

Come to Amsterdam, if interested in diamonds.
If only we could pull out our brain and use only our eyes.
Pablo Picasso

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ksl
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Post by ksl » Sat, 22 Mar 2008 5:29 am

Superglide wrote:Come to Amsterdam, if interested in diamonds.
That's the place where it all happens....seen it on blood diamonds :lol: is it easy to get them VAT free, too!

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Splatted
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Post by Splatted » Sat, 22 Mar 2008 4:51 pm

uams, there are diamonds, and then there are diamonds.

Do your homework and learn the 4 C's. Clarity, Colour, Carat, and Cut.

All of these will influence the price.

When you compare a cheap diamond to a $20k to 25k Tiffany one, the difference is chalk and cheese.

Other thing to keep in mind are that a lot of the diamonds flooding the market are of the smaller carat which previously were unprofitable because of labour costs, but now are because of production shifting to India.

Jewellery encrusted with these sorts of diamonds will therefore be cheaper.

I guess it really depends on what sort of rock you are after.

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ksl
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Post by ksl » Sat, 22 Mar 2008 5:51 pm

Splatted wrote:uams, there are diamonds, and then there are diamonds.

Do your homework and learn the 4 C's. Clarity, Colour, Carat, and Cut.

All of these will influence the price.

When you compare a cheap diamond to a $20k to 25k Tiffany one, the difference is chalk and cheese.

Other thing to keep in mind are that a lot of the diamonds flooding the market are of the smaller carat which previously were unprofitable because of labour costs, but now are because of production shifting to India.

Jewellery encrusted with these sorts of diamonds will therefore be cheaper.

I guess it really depends on what sort of rock you are after.
Most true! because industrial diamonds for example are very cheap in comparison..many years ago i purchased one here in Singapore for 3$, and tested it too, with two coins and a sledge hammer :D it made holes, straight through the coins :D but it was worthless. It's very easy to con the unsuspecting, when it comes to diamonds, be very careful and do plenty of home work.

cococo
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Post by cococo » Thu, 10 Apr 2008 5:29 pm

to get the best prices for good quality diamonds in singapore, you will have to go directly to the diamonds wholesalers.

The good quality diamonds here are overpriced and those who sells at really low prices are almost always the commercial lousy quality ones.

Do a lot of homework and always get only certified stones from international labs.

edited by moderator to remove solicitation

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