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Beauty and Fashion
Reply to "Are engagement rings getting bigger?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]So is having a real diamond vs a lab diamond a flex? [/quote] I'm going to disagree with pps who said no. I don't know if it will, but if you look at the market of other man-made items, the natural versions still fetch a premium. A pp used the example of pearls. Natural pearls are absolutely a flex. They are far more expensive than cultured versions, even though cultured pearls are generally what's put into jewellery. Colored stones also have man made versions, but the naturals are again worth far far more. So who knows what the future holds. Maybe the majority of jewellery will start to be made with lab diamonds. It's certainly attractive to the jewellery who drops their costs dramatically, and to the consumer who can afford some gorgeous bling that may not have been in their budgets before. But there will always be people who prefer natural/mined diamonds, I'm just not sure who their consumer will be in the future when all the MMDs are equally as beautiful, sparkly and much lower price.[/quote] A Natural diamond loses at least half it's value or more right after it leaves a shop. A Natural diamond is also sold at a cost that depends on the seller and the buyer not much consistency. Not a good investment. And now we have DeBeers leaving the natural stone market because Labs are kicking their butt. Labs are not worth anything once they leave a store so I guess a natural is sort of better, but honestly given it's not a great investment spending less on a Lab makes way more sense financially. Anyone thinking natural diamonds are better it's a slim better and now that DeBeers is selling they will be worth zip.[/quote] People in our society routinely think things are better simply because they cost more. It's silly but it's pervasive. As long as natural diamonds fetch a higher price people will think it's some sort of flex that they got the "real" one. I don't know how long that will last now that labs are becoming more popular, however.[/quote]
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