Re: Why is this worth over $20 Million Dollars??
[Re: Canvasback2]
#7049632
11/14/20 12:45 PM
11/14/20 12:45 PM
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Joined: Jan 2007
Posts: 3,960 Northern Nevada
Bob
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Joined: Jan 2007
Posts: 3,960
Northern Nevada
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It’s rarity makes it a status symbol for the ultra rich. Other than that it is intrinsically worthless, just like diamonds.
"I have two guns, one for each of ya."
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Re: Why is this worth over $20 Million Dollars??
[Re: Bob]
#7049641
11/14/20 12:53 PM
11/14/20 12:53 PM
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Joined: Sep 2010
Posts: 6,590 NC, Orange Co.
QuietButDeadly
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Posts: 6,590
NC, Orange Co.
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It’s rarity makes it a status symbol for the ultra rich. Other than that it is intrinsically worthless, just like diamonds. Diamonds have physical properties that gives them vale for utilitarian purposes. Their hardness certainly make them valuable for a number of uses.
Life Member: NCTA, VTA, NTA, TTFHA, MFTI Member: FTA NRA NWTF
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Re: Why is this worth over $20 Million Dollars??
[Re: Canvasback2]
#7049651
11/14/20 12:59 PM
11/14/20 12:59 PM
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Joined: Jan 2007
Posts: 3,960 Northern Nevada
Bob
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Northern Nevada
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I stand corrected, they are not completely worthless, but there isn’t a diamond in the world worth more than a couple hundred dollars for its utilitarian value. Anything above that is because diamond dealers are really good salesmen.
"I have two guns, one for each of ya."
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Re: Why is this worth over $20 Million Dollars??
[Re: Canvasback2]
#7049655
11/14/20 01:04 PM
11/14/20 01:04 PM
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Joined: Jun 2010
Posts: 476 Oregon
SpottedOwl
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Oregon
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Because someone is stupid.
Diamonds are the ultimate in marketing genius. If you read up on the history of them and the De’beers(or however they spell it) it’s interesting. At one point they were complete junk and thrown out.
Owl
Spend time with your kids while THEY still have time
Your life is an occasion ..... Rise to it
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Re: Why is this worth over $20 Million Dollars??
[Re: SpottedOwl]
#7049660
11/14/20 01:10 PM
11/14/20 01:10 PM
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Joined: Dec 2006
Posts: 63,092 Minnesota
330-Trapper
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Minnesota
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Because someone is stupid.
Diamonds are the ultimate in marketing genius. If you read up on the history of them and the De’beers(or however they spell it) it’s interesting. At one point they were complete junk and thrown out.
Owl Wow. Ice yourself
NRA and NTA Life Member www.BackroadsRevised@etsy.com
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Re: Why is this worth over $20 Million Dollars??
[Re: Canvasback2]
#7049664
11/14/20 01:14 PM
11/14/20 01:14 PM
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Joined: Aug 2011
Posts: 45,505 james bay frontierOnt.
Boco
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james bay frontierOnt.
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How many of you have been sucked in buying diamonds for your women? People are somewhat like corvids-they like to have and look at shiny bling that have little practical use.
Last edited by Boco; 11/14/20 01:15 PM.
Forget that fear of gravity-get a little savagery in your life.
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Re: Why is this worth over $20 Million Dollars??
[Re: Canvasback2]
#7049679
11/14/20 01:28 PM
11/14/20 01:28 PM
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Joined: Aug 2011
Posts: 45,505 james bay frontierOnt.
Boco
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james bay frontierOnt.
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Buying a woman is like buying friends-It works out as long as the weather remains fair. That said I have bought and inherited a few baubles in my day.It is part of our culture entrenched.
Last edited by Boco; 11/14/20 01:29 PM.
Forget that fear of gravity-get a little savagery in your life.
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Re: Why is this worth over $20 Million Dollars??
[Re: 330-Trapper]
#7049714
11/14/20 02:07 PM
11/14/20 02:07 PM
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Joined: Feb 2014
Posts: 25,694 nm
adam m
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nm
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Because someone is stupid.
Diamonds are the ultimate in marketing genius. If you read up on the history of them and the De’beers(or however they spell it) it’s interesting. At one point they were complete junk and thrown out.
Owl Just like lobsters. getting a woman has some practical uses... True x3
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Re: Why is this worth over $20 Million Dollars??
[Re: nramemb]
#7049717
11/14/20 02:12 PM
11/14/20 02:12 PM
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Joined: May 2010
Posts: 10,481 mn north of blakely
Steven 49er
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Why is gold worth so much? Worth so much? It's undervalued.
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
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Re: Why is this worth over $20 Million Dollars??
[Re: nramemb]
#7049735
11/14/20 02:53 PM
11/14/20 02:53 PM
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Joined: Dec 2006
Posts: 17,650 Rodney,Ohio
SNIPERBBB
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Posts: 17,650
Rodney,Ohio
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Why is gold worth so much? Gold has some practical uses outside of jewelry. Plus it's a universal currency. You can now get debit cards that use gold as it's currency.
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Re: Why is this worth over $20 Million Dollars??
[Re: Canvasback2]
#7049738
11/14/20 02:58 PM
11/14/20 02:58 PM
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Joined: Dec 2006
Posts: 21,716 Sandhills Nebraska
Gary Benson
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Sandhills Nebraska
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What's that gem? What's a corvid? What's a bauble?
Last edited by Gary Benson; 11/14/20 03:00 PM.
Life ain't supposed to be easy.
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