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07-07-2017 05:35 PM
@lulu2 wrote:
@Shanus wrote:
Maybe shouldn't have copied such a long quote. An interesting read and good points made for CZ engagement rings. Here's my personal take: My diamond was purchased 49 yrs. ago on 47th St. (the diamond district) in NY city. It was a ridiculously low price....under $3000 for 2.5 carats. It is now appraised for $32,000. So to me and others who can find a good deal, it's an investment.
49 years ago $3000 was a lot of money.
@lulu2, good point. Counting inflation $3,000 in 1968 is equal to $21,531 today.
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