Lab-Grown Diamond

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.


Agree. It's not an investment.
Anonymous
Anonymous wrote:
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.


You're right, the analogy got confusing. But I think you re confused in your own thinking, too. It sounds like you are buying mined diamonds because you don't trust the lab grown diamonds are a robust market. But the idea is that the lab diamonds are going to knock out the mined diamond market, in all likelihood - and it was already a shtty market, because diamonds don't hold their value, even absent new technology.

Hence: buy what you like, aware that it's not a bank in which to park money but something to use.
Anonymous
I'd love to buy lab diamonds but am curious about why they are still so expensive. (My only diamond is my family heirloom ring, so I am not in the habit of paying for mined diamonds.)
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.


Um, it's the people who have the fake diamonds that are hurling insults on this thread.
Anonymous
Anonymous wrote:Of course. It's a real diamond. The only person that will be able to tell is a jeweler who will realize it's lab grown because it does not contain any flaws.


I think they often actually DO have flaws.
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.


Um, it's the people who have the fake diamonds that are hurling insults on this thread.


That's probably true as I have real diamonds and I am not disturbed at all by this.
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.


Um, it's the people who have the fake diamonds that are hurling insults on this thread.

Yes, because the people with mined diamonds keep insisting they’re fake, when scientifically, they aren’t.
Anonymous
My IVF kids were created in a lab and they are very real!
Anonymous
Anonymous wrote:My IVF kids were created in a lab and they are very real!

Sorry but you’re very bourgeoisie and the people here with REAL kids can spot your FAKE kids.

My god this board sometimes I mean really. A diamond is not a stock, it’s not going to be an investment lol
Anonymous
Anonymous wrote:I have a lab grown diamond for my engagement ring. That’s what I wanted because I wanted mine made by lab techs making $20/hr with health insurance rather than people with no other options making $2/week in dangerous conditions. Probably neither scenarios are exactly what’s going on but that’s what I was thinking.


Another way of looking at this: people who only had the option to make $2/hour in dangerous conditions now don't have even that option. And I say that as a bleeding heart liberal who has spent most of her life in these areas of the world. It's never as simple as it may seem on the surface.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I have a lab grown diamond for my engagement ring. That’s what I wanted because I wanted mine made by lab techs making $20/hr with health insurance rather than people with no other options making $2/week in dangerous conditions. Probably neither scenarios are exactly what’s going on but that’s what I was thinking.


This is right on. We should buy fake diamonds because it's better for the environment and all the human beings involved in both processes. Just don't say we should call them real diamonds for those reasons.


They are real diamonds.


No, they're not. But I'm not going to continue explaining that.

I wonder if the people insisting that fake, lab-made diamonds are real have some kind of investment in the business? Cuz they're not "real" to anyone with any common sense. They used to sell them on TV for like $30, claiming they "looked just like the real thing". Now that they've decided to call them "real" instead of "real-looking" they think they can charge way more for them.

They're not real.



Huge difference between a lab grown diamond and a diamond simulant such as c.z. The former are cheaper than naturally ocuring diamonds but muuuuch more like 30% - 50% less, not $30 total.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I have a lab grown diamond for my engagement ring. That’s what I wanted because I wanted mine made by lab techs making $20/hr with health insurance rather than people with no other options making $2/week in dangerous conditions. Probably neither scenarios are exactly what’s going on but that’s what I was thinking.


This is right on. We should buy fake diamonds because it's better for the environment and all the human beings involved in both processes. Just don't say we should call them real diamonds for those reasons.


They are real diamonds.


No, they're not. But I'm not going to continue explaining that.

I wonder if the people insisting that fake, lab-made diamonds are real have some kind of investment in the business? Cuz they're not "real" to anyone with any common sense. They used to sell them on TV for like $30, claiming they "looked just like the real thing". Now that they've decided to call them "real" instead of "real-looking" they think they can charge way more for them.

They're not real.


Lab grown diamonds are not that much cheaper than real diamonds.


Huge difference between a lab grown diamond and a diamond simulant such as c.z. The former are cheaper than naturally ocuring diamonds but muuuuch more like 30% - 50% less, not $30 total.
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).


I've thought about this too, as I'd like to buy a replacement for my (stolen) engagement ring. I would love to wear something now and I love looking at diamonds and I like big diamonds- what can I say- but I wonder how long it's worth waiting. Thoughts?
Anonymous
Anonymous wrote:
Anonymous wrote:I have a lab grown diamond for my engagement ring. That’s what I wanted because I wanted mine made by lab techs making $20/hr with health insurance rather than people with no other options making $2/week in dangerous conditions. Probably neither scenarios are exactly what’s going on but that’s what I was thinking.


Another way of looking at this: people who only had the option to make $2/hour in dangerous conditions now don't have even that option. And I say that as a bleeding heart liberal who has spent most of her life in these areas of the world. It's never as simple as it may seem on the surface.

Oh Jeeze, you’re right, that kid is really going to miss doing backbreaking work for $2/hr. I mean yeah, he could lose a limb but after one day he’ll have made $20 and POSSIBLY have all of his limbs!!!
Anonymous
I have a 12 year old mined Stone and I would actually want a lab diamond MORE. I have all the certificates that it's conflict free, etc but I also know for enough money there are things that can slip through cracks
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