Posted 11/30/2010 22:09 (#1462314 - in reply to #1462267) Subject: Re: Engagement ring prices
Rolla, ND
Diamonds are in the situation of a significant oversupply. They'd be even much cheaper than they are except for the attempted induced shortage. The price was artificially high caused by a monopoly limiting supply for many years. Due to the way things are now, they are not as effective as they once were.
It's still overpriced from any realistic value but there you go.
Engagement ring prices
