The Value. There is no delicate way to put it; Shane Co diamonds are overpriced. Whether buying online, or in one of their stores you are likely to pay a huge premium for an average to low quality diamond. The price is fair, and reflects the quality of the diamond.
How much do diamond sellers make?
According to Salary Expert, the average diamond broker salary is $92,628 a year; this does not include an average yearly bonus of $20,758. Entry-level diamond brokers with up to three years of experience average $51,828, and a senior-level diamond merchant salary averages $117,979.
When was Shane Co founded?
1971
Who is the owner of Shane Co?
Type Private
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Founded 1971
Founder Tom Shane
Headquarters Denver, Colorado, U.S.
Key people Tom Shane (CEO)
Did Tom Shane retire?
Retired, Living the Dream!
Is Shane Company family owned?
Today, Shane Co. has grown to 20 locations across the country and it is the largest family-owned retail jeweler in the nation.
How does diamond business work?
Like the gold business, the diamond business is segmented into several groups: Miners and producers, who mine rough diamonds, then sort and sell them. Cutters and polishers: those who buy rough diamonds from the producers, then cut and polish. Retailers who sell the finished jewelry to consumers.
How does diamond business make money?
The Diamond Business They are first mined and these rough diamonds are sold either directly to retailers or to traders. The role of a trader is purchasing in bulk and reselling to retailers on a profitable margin. The broker may also manage the sale of raw diamonds between the mine and a retail partner.
How do you become a diamond trader?
https://www.youtube.com/watch?v=pLN4jCi7Yok
Do you have a friend in the diamond business?
In popular culture Shane Co. is known for their radio advertisements. A typical radio advertisement will contain a marketing message and the often quoted culmination of the spot, the company's tagline, “Now you have a friend in the diamond business.” The company has aggressively defended the tagline.
Is Shane company reputable?
Shane Co. You will get far far better value buying online from one of the best online jewelry stores like Blue Nile or James Allen. Shane Co sells uncertified diamonds next to certified ones. They stock diamonds with terrible cuts.Oct 4, 2021