goldsilverpro said:Man, that same price of $.50 - $1 per point has been in effect for at least 20 - 25 years. I guess inflation doesn't count when you're dealing with an artificially priced material.
GSP I think it points more to the margins available in the very closed world of the diamond bourses.
A friend of mine had a big parcel of over 100 1/2 carat stones all certified and all of G and SI quality or better and the dealers didn't want to know at 50% off their selling prices! I get the impression that many dealers are basically salesmen for the big sight holders, not owning the stock just working on a percentage of the sale price.