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Q: Traveling to South Africa tommorow at 1200 PST ( No Answer,   1 Comment )
Question  
Subject: Traveling to South Africa tommorow at 1200 PST
Category: Business and Money > Finance
Asked by: ancientsouth-ga
List Price: $10.00
Posted: 14 Oct 2005 22:17 PDT
Expires: 13 Nov 2005 21:17 PST
Question ID: 580515
On average, how much cheaper are retail diamonds in South Africa compared to
retail diamonds in the United States?
Answer  
There is no answer at this time.

Comments  
Subject: Re: Traveling to South Africa tommorow at 1200 PST
From: myoarin-ga on 15 Oct 2005 07:43 PDT
 
Maybe someone can answer your question in detail, but since local
sales tax is a factor, I doubt it.  And that may have a bearing on SA
prices, I don't know.
You can find many sites with a search for:  diamond prices
such as these two:
http://www.pricescope.com/
http://www.diamondregistry.com/

Again, there is also the question of what access you have to buying
diamonds, locally or via internet.  I would take a couple of lists
from the net and find out about tax if you can before you fly. 
Personally, I don't think you can make a killing by buying diamonds
there, since it is a very close market with only a few producers.  And
if you want to resell diamonds, of course, you will probably have to
take a mark-down on the price since no one but close friends would
accept your word for the quality.

Anyway, have a fine trip, Myoarin

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