"Both women and men had to be made to perceive diamonds not as marketable precious stones but as an inseparable part of courtship and married life."1I'm involved in a ladies study, we're currently working through the book, Lies Women Believe and the Truth That Sets Them Free by Nancy Leigh DeMoss.
This isn't a review of the book - yet, rather, I'm amazed how easily marketing can mislead and deceive us.
"The diamond invention—the creation of the idea that diamonds are rare and valuable, and are essential signs of esteem—is a relatively recent development in the history of the diamond trade."1Diamonds are a girls best friend? True or false?
First we might want to describe the term best friend. I'm having a hard time 'agreeing' with an inanimate object being a best friend! A dog perhaps, but not a rock...not even a pet rock!
Diamonds are forever. True or False?
"The illusion had to be created that diamonds were forever -- "forever" in the sense that they should never be resold."1Diamonds have value beyond sentimental? Or phrased differently, they have long term value, they increase versus maintain (or lose) their value?
"The diamond-holding public, which includes people who inherit diamonds, had to remain convinced that diamonds retained their monetary value."1Interest in researching this topic was stirred by a recent post from American Vision titled, My $3,500 advice to couples contemplating marriage regarding spending money on an 'asset' which really isn't and quoted Epstein's Have You Ever Tried to Sell a Diamond. I recommend reading both articles.
For those who interested in reading Epstein's book on the topic: The Diamond Invention.
1. Quotes taken from Edward Jay Epstein's 1982 article Have You Ever Tried to Sell a Diamond?
Note: Use of a website for research, quoting thereof or references thereto in no way constitutes approval or disapproval of a site (unless specifically stated) - the reader should research and come to their own conclusions regarding each website.
1. Quotes taken from Edward Jay Epstein's 1982 article Have You Ever Tried to Sell a Diamond?
Note: Use of a website for research, quoting thereof or references thereto in no way constitutes approval or disapproval of a site (unless specifically stated) - the reader should research and come to their own conclusions regarding each website.
They are beautiful, but a poor investment indeed
ReplyDeleteThis was such an eye-opening read through! Thank you so very much for posting and sharing (I know you emailed it to me a while ago, I am just getting around to commenting on it. =)
ReplyDelete