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Re: What Is This?

Posted: Mon Jan 02, 2017 9:57 pm
by jsburger
Ed in Tampa wrote:
jsburger wrote:
I understand what a diamond is. I have bought thousands and thousands of dollars worth of diamonds for my wife. A good investment.
Keep telling yourself that! Great investment for the diamond dealer!
But since the value of a diamond is in the eyes of the seller you may have a valuable diamonds or you may have cheap diamonds that cost you a fortune.

One thing sure is unless you are a diamond broker you will pay many times over actual broker costs for a diamond. Guaranteed!
Know you what Ed? You don't know who I buy my jewelry from. I started buying gold in Dubai, UAE when I was over there during the first gulf war in 1990. I think I bought about $10k. Since then I have been in Saudi Arabia and Bahrian. Have you got any idea how much gold has gone up since then? You buy gold jewelry by weight in the Middle East (it is all gold no gems). The gold is 22 karat in Dubai and 18 karat every where else. You will never find 22 K gold in this country unless you relay look. The "jewelry" value has nothing to do with the price. You bargain with the seller on the price based on weight only. The first thing you ask over there is how much. Then you ask how much does it weigh. Then you take out the calculator and figure out the price per gram/once. Then you bargain. You don't buy anything for the first few days. You do the bargaining routine to find out the bottom price.

I have only one jeweler. He buys estates. I only buy from him. All I buy is antique gems. He provides appraisals. What I buy is old diamonds and Sapphire's and an occasional Ruby. These items are about %50 on the dollar of the appraised value.

Re: What Is This?

Posted: Tue Jan 03, 2017 9:20 am
by everettdavis
John,

I think we have seen some of your Gems that were diamonds in the rough so to speak. They bear the name Shopsmith or Magna frequently as well, restored to near perfection.

Happy New Year my friend.

Everett

Re: What Is This?

Posted: Tue Jan 03, 2017 5:33 pm
by robinson46176
reible wrote:
Yes there were a lot of these polymorphic machines designs for a while but now we are down to just the shopsmith so far as I know. Anyone know of another such machine still being made?

Ed


Take your pick. :)
I understand that they are very common in Europe.
https://www.google.com/search?q=multifu ... 23#imgrc=_



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Re: What Is This?

Posted: Tue Jan 03, 2017 7:08 pm
by ERLover
Yep I did not know about them, till I bought one of my SS from a guy that was getting a Swedish one, I did not know about any of the European ones.
They seem to be more all internally designed, not mounting separate SPTs but then no band saws or jig/scroll saws on them.
Just table saw, jointer, planer.

Re: What Is This?

Posted: Tue Jan 03, 2017 8:31 pm
by jsburger
everettdavis wrote:John,

I think we have seen some of your Gems that were diamonds in the rough so to speak. They bear the name Shopsmith or Magna frequently as well, restored to near perfection.

Happy New Year my friend.

Everett
Thank you Everett! Bless you and yours in the new year. :)