Do you think Mike Jones regrets spending $1,000,000 on his ice age chain

StretfordRed

StretfordRed

Afro-European
Joined
Feb 9, 2014
Messages
11,289
Reputation
-1,985
Daps
32,844
Coronavirus said:
Read the updated OP, that’s from Ben ballers review and he usually hates in other jewelers, he thought the chain was fake until he saw it being repaired in person.
Click to expand...

The tester will test if the diamond is real or not, not the quality.

I had to do a lot of research when buying an engagement ring. A diamond is categorised in the 4 Cs: colour, carat, clarity and cut.

The ring I got my Mrs was 0.9carat VS1, H colour and Brilliant cut in total with the ring 4.7k. The same ring could have gone down to around 1.5k or between 6-7k depending if I changed anything except the size.

So he could have the lower quality diamonds, especially on the clarity section.
 
Bumblebreh

Bumblebreh

Collecting honey and money
Joined
Dec 19, 2016
Messages
8,381
Reputation
2,070
Daps
41,689
kevm3 said:
If he doesn't regret it now, in the future he will if he ever has to sell it and recover those funds because he's only going to get a fraction of what he paid for it.

It saddens me that so many of these young black men are essentially financial slaves and mules for other races and not by force but by choice. They put in all of this hard work and instead of investing it in assets where they can hire other blacks or just build sustainable wealth, they are buying gaudy chains filled with low quality diamonds or cars, which are another greatly depreciating asset. Look at any of these jewelers pages and you'll see the jeweler standing next to, smiling and pointing at a black man who they've just taken to the cleaners. The hint that the product they are selling isn't worth nearly the amount they are selling it for is that the jeweler NEVER has on anything that resembles what they are selling.

What would be much flyer to me is a rapper showing off some houses or land they've bought and telling other black men they can get that too. Chamillionaire, as short as his mainstream (not underground) rap career was, made the right moves and actually invested his money.
Click to expand...

The bustdown trend has to be one of the biggest finesse. Jewellers can cop a few used rolexes and charge five times the amount to buss the watch down.
 
downtheline

downtheline

All Star
Supporter
Joined
Aug 7, 2019
Messages
3,336
Reputation
858
Daps
9,049
Reppin
DMV
Is there any investment opportunities in owning jewelry? If you own a really nice piece of art, it can be resold down the line for a bit more than what you paid.

Hows does that work with jewelry? Specifically rings and chains? I’m not wishing anything bad on Mike Jones, what if times are rough, would someone want to buy it?
 
You must log in or register to reply here.
Top