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Polki diamond

Discussion in 'Jewelry & Accessories' started by kanaka Raghavan, Mar 3, 2014.

  1. kanaka Raghavan

    kanaka Raghavan IL Hall of Fame

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    One of my friends recently purchased a polki diamond set and is very apprehensive about it as someone told her it has no re sale value,is it so?
     
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  2. Rakhii

    Rakhii Moderator IL Hall of Fame

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    I wouldnt say "no" re-sale value but I think the value would be less. Polki diamonds according to my knowledge are uncut and they lack fire unlike the kundands and real diamonds. This is why there may not be much resale value.
     
  3. kanaka Raghavan

    kanaka Raghavan IL Hall of Fame

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    thanks for the reply thought the same
     
  4. rekhaatu

    rekhaatu Silver IL'ite

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    Polki diamonds do have resale value. It varies from 60% to 85% based on the store.
    Generally, the larger the raw diamond is, the more value you'll get when you exchange.
    I've seen a store giving 90% value for the polki items bought in their store.
    Diamonds have 100% resale and other precious stones like rubies and emeralds have 60-75% value based on the store.
     
    Last edited: Mar 5, 2014
  5. kanaka Raghavan

    kanaka Raghavan IL Hall of Fame

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  6. vathsala30

    vathsala30 Platinum IL'ite

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    yes , it has less resale value compared to real diamonds but at the same time the cost of the polki diamonds are also less compared to real diamonds, So we can go with it
     

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