lab grown diamonds

[Rock]

My Wife wears a beautiful 125 yo diamond engagement ring originally worn by my grandmother. The size and quality of the diamonds in it are nothing special and I would venture to say that whatever intrinsic 'value' the ring has lies solely in it's curiosity value as an antique piece. For my Wife (and I) however, it is rightly a treasured item that represents something entirely different. It will of course, be passed down to the next generation. Diamonds are common as glass and the most price-inflated item on the planet (after maybe Rolex) The 'value' is all in the eye (and heart) of the beholder.

[shaunylw]

Originally Posted by Gladiat0r

Apparently yes. When seeing a large multi karat diamond on the hand of someone with a very meager living situation and luxuries, the assumption is indeed that it’s a lab grown. So people start talking and of course someone will have enough nerve to ask it.
At least that’s how I think the rumors start, being a bit of a fly on the wall hearing my wife’s friends spewing gossip.

My wife wears a 3.5ct solitaire lab diamond. It’s insane, and it’s not expensive. She wanted something large, laughed at the price of a natural diamond so she got a lab. The color is way too good for $10,000.


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[Hollie_Rollie]

I don’t mind lab grown at all. Heck the divorce rate is between 40-50% in America for first time marriages. You spend 40k on a mined diamond and you get divorced its value is now 10k.

Get engaged with the lab grown …if you make it to 10yr anniversary get the mined diamond.

Tangentially, I wondered how this affects the ADs who require a bundle of high margin diamonds? Mined diamonds just aren’t sexy anymore


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[AzPaul]

I'll say this much, the diamond industry has done a fine job of convincing people that the stones they sell are much more than just stones.

[ThatOtherGuy7]

Originally Posted by Hollie_Rollie

I don’t mind lab grown at all. Heck the divorce rate is between 40-50% in America for first time marriages. You spend 40k on a mined diamond and you get divorced its value is now 10k.

Get engaged with the lab grown …if you make it to 10yr anniversary get the mined diamond.

Tangentially, I wondered how this affects the ADs who require a bundle of high margin diamonds? Mined diamonds just aren’t sexy anymore


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Those were two of the reasons why we went with lab. She told me that the more expensive rings and weddings typically equate to higher rates of divorce. And to your point, we could always upgrade and get her a different stone as needed. She has petite fingers and chose a 2.1 carat stone. It was 1/5 the cost of a real diamond.

Originally Posted by AzPaul

I'll say this much, the diamond industry has done a fine job of convincing people that the stones they sell are much more than just stones.

DeBeers definitely has done a great job with the “diamonds are a girl’s best friend” campaign. The only other comparable one would be “got milk?”

[Greenp]

Originally Posted by ThatOtherGuy7

Those were two of the reasons why we went with lab. She told me that the more expensive rings and weddings typically equate to higher rates of divorce. And to your point, we could always upgrade and get her a different stone as needed. She has petite fingers and chose a 2.1 carat stone. It was 1/5 the cost of a real diamond.



DeBeers definitely has done a great job with the “diamonds are a girl’s best friend” campaign. The only other comparable one would be “got milk?”

I think Patek's "generation" advertisement beats them.

[shaunylw]

Originally Posted by Hollie_Rollie

I don’t mind lab grown at all. Heck the divorce rate is between 40-50% in America for first time marriages. You spend 40k on a mined diamond and you get divorced its value is now 10k.

Get engaged with the lab grown …if you make it to 10yr anniversary get the mined diamond.

Tangentially, I wondered how this affects the ADs who require a bundle of high margin diamonds? Mined diamonds just aren’t sexy anymore


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I just don’t think most people are going to care about mined vs lab in the future. The price difference is just too large. The ADs love it. Their margin on lab is huge. I get substantial discounts on anything lab I’ve bought my wife.


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[enjoythemusic]

Originally Posted by Hollie_Rollie

Mined diamonds just aren’t sexy anymore

And where were they mined, who mined them, what damage was done to humans in the mine, and to the massive land excavation needed and resources accordingly?

Go lab.

[inadeje]

If they’re allegedly indistinguishable how is it that any jeweler worth his certification can tell you in 5 seconds that it’s a worthless lab grown stone ?

[shaunylw]

Originally Posted by inadeje

If they’re allegedly indistinguishable how is it that any jeweler worth his certification can tell you in 5 seconds that it’s a worthless lab grown stone ?

Worthless stone that’s 100% identical to a natural diamond in every way. On a diamond test it will read as a diamond. You need a different diamond test to determine lab or not. What lab diamonds have done is make natural diamonds less valuable.


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[Pw92676]

Just my opinion: lab grown diamonds seem like superclone watches….they look identical from afar and cost way less….but those aren’t necessarily advantages.