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Forum user values movie diamond at €100 million
A forum user estimates the diamond from the film Blood Diamond at between €25 and €100 million, contrasting with those who advocate gold as an investment.
How much does the diamond from the movie Blood Diamond cost?
In the film, the diamond that drives the entire plot is the size of an egg, and its price skyrockets to figures no ordinary jeweler deals with: estimates circulating in the debate range from €1 million to €100 million. The fictional stone is the least of it. The real question—the one asked by anyone searching for the actual price—is another: why buying a diamond as an investment is, for much of the analysis, a bad deal.
How much is the diamond in the movie Blood Diamond worth?
The film doesn't give a fixed price, and that's where all the calculations come from. Some put it at "a million or more" depending on how exclusive it is; other estimates raise the bet to a range of between €25 and €100 million depending on carats. The size of an egg, as a reference, places the stone far above any display-case specimen.
To gauge the scale, one participant provides another data point: a natural pink diamond of 50 carats doesn't go below €5 million. The stone in the film, created for fiction, plays in another league.
Why the diamond is a disputed investment
The harshest argument against the diamond as an asset doesn't come from cinema, but from the market structure, according to one participant. Investing in a product whose price is maintained by a lobby you don't belong to, made from the sixth most common material in the universe, bought at jewel value and sold at mineral value, doesn't seem like the best plan.
Some add another factor: technology now allows producing synthetic diamonds that are cheaper and often more perfect. The scarcity of natural diamonds sustains their price; that of synthetic ones doesn't. And although extraction is spread across half the world, control of cutting—Antwerp concentrates much of the business—is enough to move the market at will.
Gold as an alternative: tax advantages
Compared to diamonds, many prefer gold, and not just for aesthetic taste. According to one participant, money can be printed without limit and diamonds can be produced in a lab; the transmutation of metals, however, is not foreseen. Add to that a concrete advantage: investment gold—not jewelry gold—has no VAT, which makes the entry transaction cheaper.
The diamond, on the other hand, suffers the classic asymmetry: expensive to buy, disappointing to sell. The spread between purchase price and sale price eats up the appeal before you even start.
Are taxes paid when buying and selling a diamond?
According to one participant in the debate, only on purchase; on sale "you probably won't even notice." The loss of value on resale is, in any case, the most repeated argument against diamonds as an investment.
It's worth not confusing collecting with investing. A diamond kept in a safe yields less than the shop window promises, and that gap is what sustains the entire commercial narrative.
With these figures, the appeal of keeping a few stones worth €10,000 or €12,000 each still tempts more than one. What if the real business was never the stone, but the story told about it?
Summary of a discussion on Burbuja.info - Foro de economía, actualidad y política., translated from Spanish and reviewed before publication.
Read the full discussion (23 replies).