Bandman Kevo says custom jewelry doesn't lose its value despite coli belief

[BrothaZay]

 

[Jasonmask]

He does kinda have a point. Some places take gold quality as well as the triple CS in diamonds into account. But it doesn’t go up in value

 

[B86]

I don't see how any of that shyt is worth anything. Do you know how much a real diamond costs? I promise you these rappers know and they can't afford them. How much is a couple ounces of gold really worth? Because the stones can't have much value

 

[MoveForward]

The gold and diamonds (considering the CCC is good) don’t lose their value BUT the mark up on custom jewelry is crazy and that’s where you lose money. That’s why a lot of investors buy loose diamonds and gold bars... A kilo of PURE gold will run you about 58k but a 18 karat (alloy added to make it stronger) 1 kilo Cuban will hit you for 100k.

 

[prince_peoples]

it does because of the markup


he can't sell that chain for what he paid for it.

 

[CrimsonTider]

I don't see how any of that shyt is worth anything. Do you know how much a real diamond costs? I promise you these rappers know and they can't afford them. How much is a couple ounces of gold really worth? Because the stones can't have much value

Dummy

 

[B86]

Dummy

Says the person that was only smart enough to come up with an insult rather than being able to say what's on his mind...

 

[JNew]

Snake oil doesn't devalue either it only triple's its value after a few years.

 

[Standing on business]

He does kinda have a point. Some places take gold quality as well as the triple CS in diamonds into account. But it doesn’t go up in value

He doesn’t have a point, he cannot take that custom patek back and get his full refund, that jeweler who made that custom piece is not giving him back $90k for it. We have 20 years of rappers admitting that the jewelry they have looses a lot of value.

 

[froggle]

The gold and diamonds (considering the CCC is good) don’t lose their value BUT the mark up on custom jewelry is crazy and that’s where you lose money. That’s why a lot of investors buy loose diamonds and gold bars... A kilo of PURE gold will run you about 58k but a 24 karat (alloy added to make it stronger) 1 kilo Cuban will hit you for 100k.

Tell me more

I always see on movies they are smuggling loose diamonds. Loose Diamonds can lose their value?

 

[NatiboyB]

It does lose its value compared to what it would be otherwise. This dude is a scammer let’s just be 100 he’s not the first and won’t be the last. Of course you can break it down and sale for pieces or to melt but original pieces hold value better.

 

[GoFlipAPack]

Say what you want but buss down watches are tacky

 

[King]

He doesn’t have a point, he cannot take that custom patek back and get his full refund, that jeweler who made that custom piece is not giving him back $90k for it. We have 20 years of rappers admitting that the jewelry they have looses a lot of value.

The jewelry is ONLY worth its weight in gold.

FACT.

All those “VVS” are worthless since they’re cut.

 

[MoveForward]

BMK also shouldn’t be giving financial advice because it won’t resonate with the average everyday working person. It takes a while to build wealth without the infusion of 100’s of thousands of cash on hand, so most of the stuff he says is geared towards successful street dudes...

 

[Apprentice]

He pocket watchin in this joint cant fukk wit it

and he clearly boosting the #s on his chain to sound sweet