answersLogoWhite

0

Who buys diamonds?

Updated: 9/28/2023
User Avatar

Wiki User

11y ago

Best Answer

Whomever needs/ wants or requires diamonds will buy them. The market includes:

  • Industries that use industrial-quality diamonds in their tool making and distribution
  • Crafts people who make jewelery
  • People interested in investment-quality diamonds
  • Emotionally-motivated people who pass along emotion with diamond gifts
  • People who purchase 'only the best'.
User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Who buys diamonds?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Who buys the pink Argyle diamonds?

People interested in owning fancy diamonds are likely to purchase pink diamonds, even those from the Agile mines.


Which country buys the most diamonds?

Generally, countries are not in the business of buying diamonds.


Who buys diamonds in Reno?

Almost anyone with money who wants to buy diamonds can find a place to buy them in Reno, Nevada.


Is there a jewelry store in Tucson that buys and sells loose diamonds?

A Zylant Jewelry Store in Tucson buys and sells diamonds. They are located at 1902 South Craycroft Street or reached at (520) 747-1847. A number of other stores sell lose diamonds such as Rainbow Jewlers Inc.


Where can you get Diamonds in the Rough by Avenged Sevenfold?

You can purchase Diamonds in the Rough by Avenged Sevenfold at almost any music store. Most Best Buys will have it, and you can also purchase it online.


How can you figure out the value of your diamonds?

The best way to figure out the value of your diamonds is to visit a jewelry store and have them appraised by a professional. If you plan on selling your diamonds any local store that buys gold will probably buy diamonds as well and can give you a good resale value.


Who buys diamonds from south Africa how much do they pay how do they get the diamonds there and why are they buying diamonds?

Diamonds are a commodity. South Africa is a major contributor to the diamond industry, based on its diamond mining operations. Raw diamonds are purchased according to their grade and size. People involved in the diamond business make profits.


Why do people mine blood diamonds?

Blood diamonds are diamonds used to support wars, terrorism and mayhem against humans in the areas of the world that are in upheaval. People mine them -- usually at gunpoint or under threat of death or dismemberment -- because the terrorists' world buys the diamonds so the terrorists can buy more guns.


How do diamonds get their names?

Large diamonds, typically more weighty than 14-20 carats, and many larger, earn their names based on who owns them, or who has owned them. Buying a 'large' diamond also buys diamond naming rights.


Why diamond is a bad investment?

'Bad investment' is relative. When one buys anything and then sells it for less than the purchase price, it can be said to be a bad investment. Diamonds can fit into this category, but do not necessarily.


When was Diamonds Diamonds created?

Diamonds Diamonds was created in 1982.


Are chocolate diamonds the same as regular diamonds?

'Regular diamonds' are diamonds described without colour. 'Chocolate diamonds' are brown diamonds that include a description of the colour.