Lab-Grown Diamond

[Anonymous]

The diamond market will probably collapse someday.

[Anonymous]

So, is anyone going to post something informative, or personal experience or are you all just going to post repeatedly how perfect and fabulous you are for having a “real” diamond? What I’m asking is if any of you have actual advice for Op rather than just saying “ew no that’s fake I can just tell even though most trained jewelers can’t”?

I have no skin in this game as my diamond is mined and I’m not in the market for another but I’m curious why the naysayers are the most defensive.

[Anonymous]

Anonymous wrote:So, is anyone going to post something informative, or personal experience or are you all just going to post repeatedly how perfect and fabulous you are for having a “real” diamond? What I’m asking is if any of you have actual advice for Op rather than just saying “ew no that’s fake I can just tell even though most trained jewelers can’t”?

I have no skin in this game as my diamond is mined and I’m not in the market for another but I’m curious why the naysayers are the most defensive.

No. They are too busy being speshul and “classy” with their real diamonds! And you need to know that!

[Anonymous]

Anonymous wrote:So, is anyone going to post something informative, or personal experience or are you all just going to post repeatedly how perfect and fabulous you are for having a “real” diamond? What I’m asking is if any of you have actual advice for Op rather than just saying “ew no that’s fake I can just tell even though most trained jewelers can’t”?

I have no skin in this game as my diamond is mined and I’m not in the market for another but I’m curious why the naysayers are the most defensive.

Lots of these posts are helpful. Diamonds are rare and do have resale value. Lab diamonds are chemically identical to mined diamonds and not even a jeweler with a loupe can tell—unless you’re actually talking about CZs, which have been marketed as “lab” diamonds, but are not.

I’ll also add that my fear for lab diamonds is the market will fall out. DeBeers already sells them for much cheaper than their competitors. I wouldn’t want to pay $3k for a big lab diamond that ends up costing $500 in a few years. I own lab diamonds, but only spent $1k. I wouldn’t feel comfortable spending more, knowing how prices for other materials came down over time (eg moissanite).

[Anonymous]

Why do you need a 2.5 to 3ct lab diamond?

[Anonymous]

Anonymous wrote:Why do you need a 2.5 to 3ct lab diamond?

To appear much wealthier than they actually are. OP can either buy a 1 ct natural diamond like the rest of the middle to upper middle class or get a 3 ct lab diamond and look like a baller.

It is bourgeoise.

[Anonymous]

Anonymous wrote:

Anonymous wrote:So, is anyone going to post something informative, or personal experience or are you all just going to post repeatedly how perfect and fabulous you are for having a “real” diamond? What I’m asking is if any of you have actual advice for Op rather than just saying “ew no that’s fake I can just tell even though most trained jewelers can’t”?

I have no skin in this game as my diamond is mined and I’m not in the market for another but I’m curious why the naysayers are the most defensive.

Lots of these posts are helpful. Diamonds are rare and do have resale value. Lab diamonds are chemically identical to mined diamonds and not even a jeweler with a loupe can tell—unless you’re actually talking about CZs, which have been marketed as “lab” diamonds, but are not.

I’ll also add that my fear for lab diamonds is the market will fall out. DeBeers already sells them for much cheaper than their competitors. I wouldn’t want to pay $3k for a big lab diamond that ends up costing $500 in a few years. I own lab diamonds, but only spent $1k. I wouldn’t feel comfortable spending more, knowing how prices for other materials came down over time (eg moissanite).

You do not own a single diamond that won't decrease in value as soon as you bring it home. Lab, mine - they are all things you should buy because you like them, not because they're worth anything.

[Anonymous]

Anonymous wrote:They are real diamonds and literally jewelers can't even tell without running it through a machine to test for carbon. Doubt some snooty moms at your future kid's prep school will be able to tell from across the carpool line. So yes.

I am not sure this is actually accurate. OP have you seen one of the lab created diamonds in person? Does it have the same fire and brilliance of a natural diamond? My understanding was that it did not. I also didn't think the price differential was that great.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So, is anyone going to post something informative, or personal experience or are you all just going to post repeatedly how perfect and fabulous you are for having a “real” diamond? What I’m asking is if any of you have actual advice for Op rather than just saying “ew no that’s fake I can just tell even though most trained jewelers can’t”?

I have no skin in this game as my diamond is mined and I’m not in the market for another but I’m curious why the naysayers are the most defensive.

Lots of these posts are helpful. Diamonds are rare and do have resale value. Lab diamonds are chemically identical to mined diamonds and not even a jeweler with a loupe can tell—unless you’re actually talking about CZs, which have been marketed as “lab” diamonds, but are not.

I’ll also add that my fear for lab diamonds is the market will fall out. DeBeers already sells them for much cheaper than their competitors. I wouldn’t want to pay $3k for a big lab diamond that ends up costing $500 in a few years. I own lab diamonds, but only spent $1k. I wouldn’t feel comfortable spending more, knowing how prices for other materials came down over time (eg moissanite).

What vendor are you using for your lab created diamonds? I, too, am afraid of the CZs being marketed as diamonds (and they definitely have a different look from diamonds).

[Anonymous]

Anonymous wrote:

Anonymous wrote:They are real diamonds and literally jewelers can't even tell without running it through a machine to test for carbon. Doubt some snooty moms at your future kid's prep school will be able to tell from across the carpool line. So yes.

I am not sure this is actually accurate. OP have you seen one of the lab created diamonds in person? Does it have the same fire and brilliance of a natural diamond? My understanding was that it did not. I also didn't think the price differential was that great.

Actual lab diamonds do have all the fire and brilliance of mined. CZs and moissanites are visually different.

[Anonymous]

It is very true that the resale market for mined diamonds is extremely poor. You can expect between 10-25% of what you paid retail for it.

Unless of course the jewels are otherwise significant, the types that Christie's auctions. But for your run of the mill 3 ct round diamond, they're not worth anywhere close to what someone paid retail for them.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So, is anyone going to post something informative, or personal experience or are you all just going to post repeatedly how perfect and fabulous you are for having a “real” diamond? What I’m asking is if any of you have actual advice for Op rather than just saying “ew no that’s fake I can just tell even though most trained jewelers can’t”?

I have no skin in this game as my diamond is mined and I’m not in the market for another but I’m curious why the naysayers are the most defensive.

Lots of these posts are helpful. Diamonds are rare and do have resale value. Lab diamonds are chemically identical to mined diamonds and not even a jeweler with a loupe can tell—unless you’re actually talking about CZs, which have been marketed as “lab” diamonds, but are not.

I’ll also add that my fear for lab diamonds is the market will fall out. DeBeers already sells them for much cheaper than their competitors. I wouldn’t want to pay $3k for a big lab diamond that ends up costing $500 in a few years. I own lab diamonds, but only spent $1k. I wouldn’t feel comfortable spending more, knowing how prices for other materials came down over time (eg moissanite).

You do not own a single diamond that won't decrease in value as soon as you bring it home. Lab, mine - they are all things you should buy because you like them, not because they're worth anything.

Fine but that’s different than buying something with rapidly changing technology.

[Anonymous]

Anonymous wrote:It is very true that the resale market for mined diamonds is extremely poor. You can expect between 10-25% of what you paid retail for it.

Unless of course the jewels are otherwise significant, the types that Christie's auctions. But for your run of the mill 3 ct round diamond, they're not worth anywhere close to what someone paid retail for them.

It depends entirely what you mean by “retail.” 3 carat total weight pave ring from Jared’s? Yes. 3 carat solitaire with GIA paperwork from James Allen? You can expect closer to 80% back. Buy someone else’s GIA diamond that they bought from James Allen and pay them 70% of current comps? You won’t lose money at resale.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So, is anyone going to post something informative, or personal experience or are you all just going to post repeatedly how perfect and fabulous you are for having a “real” diamond? What I’m asking is if any of you have actual advice for Op rather than just saying “ew no that’s fake I can just tell even though most trained jewelers can’t”?

I have no skin in this game as my diamond is mined and I’m not in the market for another but I’m curious why the naysayers are the most defensive.

Lots of these posts are helpful. Diamonds are rare and do have resale value. Lab diamonds are chemically identical to mined diamonds and not even a jeweler with a loupe can tell—unless you’re actually talking about CZs, which have been marketed as “lab” diamonds, but are not.

I’ll also add that my fear for lab diamonds is the market will fall out. DeBeers already sells them for much cheaper than their competitors. I wouldn’t want to pay $3k for a big lab diamond that ends up costing $500 in a few years. I own lab diamonds, but only spent $1k. I wouldn’t feel comfortable spending more, knowing how prices for other materials came down over time (eg moissanite).

You do not own a single diamond that won't decrease in value as soon as you bring it home. Lab, mine - they are all things you should buy because you like them, not because they're worth anything.

Fine but that’s different than buying something with rapidly changing technology.

Not really. I would say the better analogy is how much $ do you want to invest in a taxi medallion while Uber and Lyft are becoming the cars-for-hire of choice. In this case the mined diamond is the traditional taxi, and Uber and Lyft are the lab grown diamonds.

In either case, buy the diamond you like - and buy it because you like it, not because it's going to be worth anything. Don't think of it as an "investment" because it's not.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So, is anyone going to post something informative, or personal experience or are you all just going to post repeatedly how perfect and fabulous you are for having a “real” diamond? What I’m asking is if any of you have actual advice for Op rather than just saying “ew no that’s fake I can just tell even though most trained jewelers can’t”?

I have no skin in this game as my diamond is mined and I’m not in the market for another but I’m curious why the naysayers are the most defensive.

Lots of these posts are helpful. Diamonds are rare and do have resale value. Lab diamonds are chemically identical to mined diamonds and not even a jeweler with a loupe can tell—unless you’re actually talking about CZs, which have been marketed as “lab” diamonds, but are not.

I’ll also add that my fear for lab diamonds is the market will fall out. DeBeers already sells them for much cheaper than their competitors. I wouldn’t want to pay $3k for a big lab diamond that ends up costing $500 in a few years. I own lab diamonds, but only spent $1k. I wouldn’t feel comfortable spending more, knowing how prices for other materials came down over time (eg moissanite).

You do not own a single diamond that won't decrease in value as soon as you bring it home. Lab, mine - they are all things you should buy because you like them, not because they're worth anything.

Fine but that’s different than buying something with rapidly changing technology.

Not really. I would say the better analogy is how much $ do you want to invest in a taxi medallion while Uber and Lyft are becoming the cars-for-hire of choice. In this case the mined diamond is the traditional taxi, and Uber and Lyft are the lab grown diamonds.

In either case, buy the diamond you like - and buy it because you like it, not because it's going to be worth anything. Don't think of it as an "investment" because it's not.

Yes exactly but your conclusion makes no sense. Buy a taxi medallion if you want to be a taxi driver—except if you know how these new fangled ride sharing apps maybe don’t buy it right this second and see what happens next.