Are diamonds just done?

[Anonymous]

I really don't understand why anyone would buy a mined diamond at this point. There are only negatives to it.

[Anonymous]

I never liked tennis bracelets when they were all the rage.

I like Austrian crystals and fire polished Czech glass beads over diamonds anymore. They really sparkle and shine.

Unfortunately Swarovski crystal decided to stop selling to individual to make jewelry with their crystals. Now only a few brands of crystals are not made cheaply in China.

[Anonymous]

Anonymous wrote:If anything, diamonds are less stigmatized now because people will assume that you are wearing a lab diamond, not a mined one, and that no child soldiers were killed during the mining of your bracelet.


(PP doesn’t know what “stigma” means. Didn’t we just have a thread on this exact topic? )

Here’s what WILL be stigmatized going forward- big ass emeralds. The Taliban is overseeing the reopening of gemstone and other mineral mines, and apparently some of the most exquisite emeralds on the planet are found underneath Afghanistan.

https://www.nytimes.com/2025/01/06/world/asia/taliban-afghanistan-mining.html

Pp you are referring to. “Real” diamonds never had a stigma in my social circle and people I knew called lab diamonds “fake.” I would venture to say diamond marketing is still pretty powerful.

And your post was unnecessarily rude.

[Anonymous]

Lab diamonds are terrible for the environment

[Anonymous]

Anonymous wrote:Lab diamonds are terrible for the environment

Not nearly as bad as mining.

[Anonymous]

Diamonds were never a good investment. You you are foolish enough to consider them so...I have some ocean front property in AZ to sell you.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Jewelry is not generally a great investment. Buy it if you'll wear it and get some joy from it, and then pass it on to your DCs.

Gold is generally a valid investment, depending on your purposes. It actually is rare and has applications other than jewelry. Gold jewelry has gotten more expensive over the decades.

Gold will always retain value because it's a hedge against fluctuations in currencies. I don't think it has much to do with its value as a fashion accessory. Mined diamonds are going the way of fur. There is increasingly a stigma. Particularly now that lab grown diamonds are just as good if not better than mined diamonds, which always comes with abusive labor practices, environmental degradation, geopolitical instability, corruption, etc. Family heirlooms are one thing - there's sentimental value. But I wouldn't invest in mined diamonds expecting some kind of return. It's like investing in a mink coat.

[Anonymous]

I will only buy mined diamonds. I just can’t get behind a lab diamond. Fake is fake. My diamond jewelry is for me, and to be passed down to my kids if they want it. I don’t view it as an investment and the resale value doesn’t matter to me

[Anonymous]

Anonymous wrote:I will only buy mined diamonds. I just can’t get behind a lab diamond. Fake is fake. My diamond jewelry is for me, and to be passed down to my kids if they want it. I don’t view it as an investment and the resale value doesn’t matter to me

Enjoy paying 10x for the same stone on a molecular level. 🤣😂🤣. Fools and their money!

[Anonymous]

Anonymous wrote:I will only buy mined diamonds. I just can’t get behind a lab diamond. Fake is fake. My diamond jewelry is for me, and to be passed down to my kids if they want it. I don’t view it as an investment and the resale value doesn’t matter to me

Except they're not fake.

[Anonymous]

Are we talking about a 2 ct brilliant round cut bought from a mall in the early 2000 or something like this? Because the true quality ones sell in minutes and keep their value. In general, you should not buy jewelry as investment, unless it's a true rare item, such as an unheated Kashmir sapphire, unheated Burma ruby, signed vintage pieces, like a Cartier diamond from the 40s. Jewelry is to be enjoyed, its not a 401k. You buy them because they make you happy wearing them. That's the point of jewelry.

https://www.instagram.com/p/DEdpxRZSLjZ/

[Anonymous]

Anonymous wrote:I will only buy mined diamonds. I just can’t get behind a lab diamond. Fake is fake. My diamond jewelry is for me, and to be passed down to my kids if they want it. I don’t view it as an investment and the resale value doesn’t matter to me

This is fine, but I'd be surprised if your kids end up wanting them. I think lab diamonds will depress prices but also predict an oversupply of mined diamonds as folks pass on "heirloom" pieces that no longer fit the aesthetic or political sensibilities of the next generation.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I will only buy mined diamonds. I just can’t get behind a lab diamond. Fake is fake. My diamond jewelry is for me, and to be passed down to my kids if they want it. I don’t view it as an investment and the resale value doesn’t matter to me

This is fine, but I'd be surprised if your kids end up wanting them. I think lab diamonds will depress prices but also predict an oversupply of mined diamonds as folks pass on "heirloom" pieces that no longer fit the aesthetic or political sensibilities of the next generation.

Heirloom pieces are often worthless. People are just going to throw them away or give them to little kids to play with.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I will only buy mined diamonds. I just can’t get behind a lab diamond. Fake is fake. My diamond jewelry is for me, and to be passed down to my kids if they want it. I don’t view it as an investment and the resale value doesn’t matter to me

Except they're not fake.

They were not made in the Earth’s mantle over long periods of time and pressure and forced to the surface via volcanic channels, then they are fake. Part of the value of a diamond to me, is the natural phenomenon and process that made them. I’d rather buy a cubic zirconia than spend $1k on a lab diamond, if I don’t want to buy real

[Anonymous]

Anonymous wrote:I will only buy mined diamonds. I just can’t get behind a lab diamond. Fake is fake. My diamond jewelry is for me, and to be passed down to my kids if they want it. I don’t view it as an investment and the resale value doesn’t matter to me

But they aren’t fake. They are literally the same chemical composition. You can convince yourself that the mined diamonds are somehow different, but that is just a figment of your and DeBeers’ imagination.