Word: rareness
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...inside feeling of knowing an industry so well?knowing it inside out?and knowing the stones so well, knowing how rare they are and how very beautiful they are,? he says. ?And knowing that people want to buy those things and that they will come to me for them. All of that's within me, and it gives me the confidence. I have no hesitation at acquiring any kind of gem, as long as it's fine and quality. It's inside me, this confidence...
...learned very early on that if you give your customers the best, then you will have the best customers,? says Graff. ?I myself am happy to pay higher and higher prices for rare stones, and so are my clients...
Eventually, in the 1990s, those diamonds that were ?stockpiled? came back on the market at a just price. Today Graff estimates that the values of fancy and rare diamonds have gone up as much as 60% in just the last year. ?The world is a wealthy place. It's lateral wealth too,? he says. ?There's wealth everywhere...
...Graff's favorite stones is the Graff blue, an extremely rare, 3-carat round blue diamond that he has bought and sold three times over the past 25 years. The first time he saw it was at auction, where it sold to someone else for $180,000. Years later he spotted it on the hand of a client but couldn't buy it until after the client died, and his widow offered it to Graff for a much higher price. He eventually sold it to a Japanese client who offered $1.5 million. Fifteen years later, the same client wanted...
...Edwards Jr., professor of the history of Christianity and associate HDS dean for academic affairs, says intelligent design is bad science and bad theology.And Richard A. Rosengarten, who is dean of the University of Chicago’s divinity school, says that “it would be the rare divinity school that would be sympathetic” to intelligent design.Even though opposition to intelligent design can be found in classrooms of prestigious institutions, supporters of the theory are by no means uneducated. The leaders of the intelligent design camp hold Ph.D.’s in biochemistry, philosophy...