Inspired by the Mewtwo card thread. Every time something like that pops up like "who would pay that amount of money for a Pokemon card??" I wonder about something that is socially acceptable in paying large sums of money for: jewelry. Chains, necklaces, bracelets, earrings, gold, diamonds, assorted precious gems, etc. I went through a phase as a kid where I was into gem collecting and local gem shows used to come around where you could pick up pretty polished things like tigers eyes and whatnot for a few bucks each. But when it came to a perfectly shined, cut, and graded stone? Not my thing. Pure gold and a high karot count? That's neat, I guess. I would never pay that much for those things, though.
Jewelry has long been more a thing of status and wealth, and apparently with Millennial "killing the diamond" industry, I guess the interest is going away a little? Or is it? How do people feel and value jewelry/precious gems, even if income WAS very disposable? I honestly do not think I would even bother, even with lots of money. And yet, I value things of actual rarity like collectibles and such. Those that have a finite amount made. Gems/gold/etc? Those can just continuously be mined, anyways. They can still be used as currency, but I just don't value them in the way that many people do. How do you guys feel about them?
Jewelry has long been more a thing of status and wealth, and apparently with Millennial "killing the diamond" industry, I guess the interest is going away a little? Or is it? How do people feel and value jewelry/precious gems, even if income WAS very disposable? I honestly do not think I would even bother, even with lots of money. And yet, I value things of actual rarity like collectibles and such. Those that have a finite amount made. Gems/gold/etc? Those can just continuously be mined, anyways. They can still be used as currency, but I just don't value them in the way that many people do. How do you guys feel about them?