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    •  
      CommentAuthorTroutstroker
    • CommentTimeJan 11th 2008 edited
     # 1
    For all those who have bought diamonds for there significant other, you may be entitled to some money back. If you bought diamonds from any place other that De Beers. Thought I would pass this on in hopes that some of you might qualify.

    Diamond Class Action
    • CommentAuthorSatyr
    • CommentTimeJan 11th 2008
     # 2
    Yeah, good luck with that. Going after De Beers seems like asking to be assassinated Princess Diana style. Or like chopping down a mighty oak with a Swiss Army knife.
  1.  # 3
    Well there already has been a settlement agreed upon. Now on April 14th. the Court will consider whether the Settlement is fair and adequate. The Settlement Agreement provides that $22.5 Million be distributed to the Direct Purchaser Class, and that $272.5 Million will be distributed to the Indirect Purchaser Class.

    Hey its worth a shot right? There's no harm in trying. I'm getting a good chunk of change from the Smokeless Tobacco Settlement.
    •  
      CommentAuthorausmike
    • CommentTimeJan 11th 2008
     # 4
    do you have to go to court each time for these claims, or is there a simpler way if u show proof of purchase?
  2.  # 5
    You don't have to go to court at all. Just fill out the application & see if you qualify. If everything goes right & if you qualify, the money will be sent to you.
  3.  # 6
    smokeless tobacco settlement?
  4.  # 7
    It was a settlement UST is paying for monopolizing the market & increasing the price.
    •  
      CommentAuthorsamorost
    • CommentTimeJan 11th 2008
     # 8
    In the US? Could you tell us more about that Smokeless Tobacco Settlement?

    Diamonds are unbelievably valuable, I can only imagine how the global black market could be...
  5.  # 9
    i
    s there an application for the smokeless tobacco settlement somewhere?
  6.  # 10
    I believe the deadline passed for applicants, not positive. You can do a google search for Smokeless Tobacco Settlement. If you were a member of any of the smokeless tobacco company websites, it would have been sent to you by mail.

    Diamonds are valuable because De Beers set the price. Back in the day, there were other companies undercutting De Beers price so eventually they bought out these companies so they could own the market. They are not rare and by all means should not be that valuable. There is plenty of supply to meet the demands. Also there are a lot of stones that are more valuable than diamonds which a lot of people don't realize.
    •  
      CommentAuthorbob
    • CommentTimeJan 12th 2008
     # 11
    Another thing about diamonds being romantic is total crapola. The fact is the origin of buying a diamond as a engagment gift dates back to the american colonies when a woman needed a man to take care of her and only virgins where marriable. So basicly if you wanted to have sex with your fiance before marriage you'd better have a nest egg for her before you could ruin her for marrying anyone else. Not really too romantic is that. Also the conditions in Diamond mines is terrible which again think what you want about that certainly not romantic. Plus diamonds support more wars then drugs do so again not very romantic. I personaly would never buy a diamond for an engagment gift or to be romantic, then again I say go pick some flowers that fit her taste and that is romantic.
  7.  # 12
    I do have 4 diamonds but the only reason I have them is for my gemstone collection. I buy them when I have the chance to get previously owned ones cheap, I would never buy a new to market diamond. I would either add it to my gemstone collection or resell it if I got it cheap enough. However I would love to go to Crater of Diamonds State Park in Arkansas & dig my own. That would be fun in my opinion. Of course I already have a nice collection of various gemstones to choose from & do on occasion give stones from my collection out as gifts.

    If you have to buy them a stone, there are plenty of alternatives that have just as much shine, flash & fire. The only difference is the price & the stones hardness.
    •  
      CommentAuthorausmike
    • CommentTimeJan 13th 2008
     # 13
    bob thats a bit cynical lol.

    the fact tha girls associate diamonds with love etc is the reason they are expensive. Theres nothing easier, cliche perhaps, than diamonds or red roses to show affection. and while i feel the same as you guys, about there being prettier gems, i'm sure most girls still want that diamond ring for an engagement, merely for te fact that its an engagement and its a diamond. its all a bit silly tho :)
  8.  # 14
    If she requires a diamond and nothing else, then its time to move on!! LOL Those demands are just the beginning of a downward spiral. And the whole thing that the diamond you buy should equal at least 3 months of your salary!! Come on.
    •  
      CommentAuthorbob
    • CommentTimeJan 13th 2008
     # 15
    I agree with trout. I have to say although I have been considered a very romantic chap I never will let my self get roped into following some cliche like diamonds or red roses because shes been trained to respond to them without thinking about it. Plus if she can't love you without some stupid token showing your willingness to spend insane amounts of money just to make her feel appreciated then she is not worth it at all.
  9.  # 16
    Don't even get me started on Valentines Day and the whole sham that it is!!! Someone needs to put the kibosh on that nonsense!
    •  
      CommentAuthorbob
    • CommentTimeJan 13th 2008
     # 17
    I have in my personal life. I call valentines day hallmark day
    •  
      CommentAuthorausmike
    • CommentTimeJan 14th 2008 edited
     # 18
    I've never had a gf on valentines day, so i've never had to bother. but I will this yr so that'll be interesting. cliche'd romance is a worrying thing. I might just take her for a swim at the lake, then some xbox or something?? :D
  10.  # 19
    If she's happy with that, then she's a keeper!!! ;~) Take her out gold panning and let her find her own jewelry. That would be a memory that would last forever.
    •  
      CommentAuthorausmike
    • CommentTimeJan 14th 2008
     # 20
    thats a good idea actually, i'm sure a pendant/ring whatever would mean a lot if she found it herself.

    Do you have any jewellery that was made from ur finds, or do you just sell the gold to the jeweller?
    •  
      CommentAuthorbob
    • CommentTimeJan 14th 2008
     # 21
    See doing something that is actualy personal instead of prescribed is far more romantic and valuable in my opinion. I'am glad there are more ladies that admit to loving the Xbox these days.
    •  
      CommentAuthorausmike
    • CommentTimeJan 14th 2008
     # 22
    gaming compatability is big on my of things that make a relationship work, although she does beat me a little too often for my liking :)

    personal activities are alwas better
    •  
      CommentAuthorbob
    • CommentTimeJan 14th 2008
     # 23
    Definately on both accounts. My girlfriend can't beat me at most games but definately gives me a good run for the money so to speak.
    •  
      CommentAuthorausmike
    • CommentTimeJan 14th 2008
     # 24
    mine always beats me at fighting games (mortal combat etc) but i've got her on racing and shooting :) she could kick me at sims if u can win at sims. She loves those games
  11.  # 25
    @ausmike, I have made some jewelry with my finds. Soldering pendent slides onto nuggets etc. I also buy pendant casting to use with the gemstones I have & just set the stones myself. Also the pendant vials I put flake in and sell. I do sell nuggets to the jeweler on occasion.
    Now the pics are of the very first & only ring I have made. I know it looks a little crude but it was my first. All the gold in the ring is stuff that I have found myself. The center quartz has gold all through it, you can kind of see in pic. I found the quart with a metal detector. Now the ring has taken a beating over the years. Some of the onyx has chipped. It is a ring I wear all the time. I think it brings me luck when I go panning as I have never come home skunked. I've got a nose for gold & find it every time I go out. I normally wouldn't wear jewelry but there is a little pride about wearing something you made yourself with gold that you found. I know its not the fanciest ring, but I'm proud of it anyway and don't care. Looking down on it and remembering all the fun prospecting trips that were involved. It also comes in handy for fine tuning my metal detector. I lay it on the ground & run the detector over it a few times and get it all calibrated.

    •  
      CommentAuthorMo
    • CommentTimeJan 14th 2008
     # 26
    Thats great Troutstroker, I remember when I was in the 9th grade making a ring in a shop class I was taking that we did from wax, cast it into a mold and fired it to melt the wax , then I made my ring from silver that I found metal detecting with my dad, Melt it down and poured it into the mold, spun it while cooling, extracted it and polished it. What a great learning experience. I think back about that class and remeber all the practical things I learned that year that I have used even to this day. Things such as welding, wood-working, and drafting; the types of things that in my opinion all young men should have the opportunity to learn.
    •  
      CommentAuthormerdock69
    • CommentTimeJan 14th 2008
     # 27
    Well, at the risk of being flamed... I bought my wife a diamond engagement ring and wedding band... My father is a jeweler, I purchased everything at wholesale and he hand built the ring. My wife's birthstone is the diamond. I agree that the markup on ALL jewelry / precious and semi-precious stones is rediculous... It's got to be somewhere around 100 - 150% just over wholesale, there's no telling what the markup over cost is to the wholesaler. But hay, if you afford jewelry and that's what you want to spend your money on, then more power to you. Since then the only jewelry I've bought her is a tahitian pearl ring, diamond ear studs (again, both my father built) and ruby ear studs (birthday gift from zales)...
  12.  # 28
    Yeah I agree Mo, learning a trade in school should be a lot more important than it currently is. I took 4 years welding, 4 years auto, I didn't take wood shop because I already had those basics down from my stepfathers shop. Before graduating each student has to take a creative arts class. Well on my junior year there was nothing I wanted to take so I got together with the welding teacher & we created "Creative Metal" where you could make anything creative out of metal. So my Senior year we started it. This class was a big hit and is still going on. I made things like horseshoe napkin holders, old west style dinner bells & a lot of other cool things. A lot of these things I was able to sell in a local outdoor market.
    •  
      CommentAuthorbob
    • CommentTimeJan 15th 2008
     # 29
    No worries merdock. I might flame you if you said you worked high up in De-beers. I'am not going to fault you for buying diamonds, I just think it's good to at least realize that it's a sham industry (in my opinion). Though I must admit I do love rubies. Though I like jade.
    •  
      CommentAuthorausmike
    • CommentTimeJan 15th 2008 edited
     # 30
    Bob, i saw this a few yrs back when i went to a museum with my dad. Cause i was younger it bored the hell out of me, but i appreciate it now :) and if u like jade you'll like it. Its a carriage carved entirely from jade!! its exquisite

    http://www.shfa.nsw.gov.au/dyncontent.cfm?menuID=626

    i'll try to find a better pic
    only tiny ones, this jade suit looks fun though [img]http://www.greatcommission.com/china/2002028.jpg[/img]