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What rich people are buying during coronavirus. Hint: It’s not toilet paper

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https://www.latimes.com/lifestyle/story/2020-06-16/rich-people-buying-coronavirus-not-toilet-paper

In accordance with his client’s budget, Webster sent off a 120-carat diamond necklace, priced at $1.5 million, for consideration.

“That will buy a lot of forgiveness,” Webster said with a laugh a few weeks ago. “We’re seeing quite a few sales in the $50,000-to-$100,000 range.

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