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Old Yesterday, 02:57 PM   #121
Rock
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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.
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Old Yesterday, 07:38 PM   #122
shaunylw
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Quote:
Originally Posted by Gladiat0r View Post
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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Old Today, 12:03 AM   #123
Hollie_Rollie
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lab grown diamonds

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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Old Today, 12:32 AM   #124
AzPaul
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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.
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