So, I’ve always been curious about diamonds, like, do they really hold their value? I mean, they’re expensive, right? So, I decided to do a little digging on my own, just to see what’s up with their worth over time.

First, I started asking around.
I talked to a couple of friends who work in jewelry stores, and even hit up a few pawn shops – you know, just casual conversations. What I heard was a bit of a mixed bag. Some folks said diamonds are forever, others were like, “Nah, they drop in value the moment you walk out of the store.”
Then, I dug up some articles online.
What I found out is that, yeah, just like buying a new car, when you buy a diamond, it loses a good chunk of its value right away. We’re talking like 20% to 60% gone, poof! Just like that. That’s kind of a bummer, right?
Next, I tried to get a feel for the market myself.

I looked at some online marketplaces and compared prices. I even pretended I was going to sell a (non-existent) diamond ring, just to see what kind of offers I’d get. Let me tell you, it wasn’t pretty. Most offers were way below what I’d “paid” for it. They are around 30% to 40%.
After all that, here’s what I figured out:
- Diamonds are not exactly an investment, at least not like gold or something.
- They lose a lot of their value right after you buy them.
- Selling a diamond is not easy, and you probably won’t get back what you paid.
- Lab grown diamonds and natural diamond are similar.
So, do diamonds lose their value?
From what I’ve seen, yeah, they do, at least in the short term. But, you know, people still buy them for the sparkle and the sentiment, right? It’s not always about the money. Just don’t expect to make a fortune reselling them. This was my little adventure in the diamond world. Hope it was helpful!