Reply to Lab vs. mined diamond engagement ring

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I would not spend $10k on a fake diamond. Got my engaging ring close to 20 years ago, and it was $25k for a 2 carat. Have diamonds gone down that much in value? [/quote]

You clearly have no idea how lab diamonds are made.   Lab diamonds aren't fake diamonds.  It is the same process that happens in nature, just in a controlled environment.  For all the technology it is a pretty slow process.

The lab diamond process isn't cheap.  It is simply a supply and demand issue.  [b]The supply of natural diamonds is pretty thin[/b].[/quote]

The supply of natural diamonds is not thin. They are abundant.  deBeers etc have controlled this from the time they started the great marketing campaign that made it seem like they are incredibly precious. Mined diamonds are a scam.

They have also tried to exert control over the manufacture of lab diamonds but have lost that fight. Right now the prices for lab diamonds are still too high but they will fall and we are seeing larger, better quality stones from multiple sources. deBeers can't stop or control the many countries that are now creating lab diamonds.

[/quote]

OP here. The more I research, the more I agree that the diamond industry is a scam. I’m not interested in a moissanite or any other stone but a diamond, however. This thread has been enlightening and I think there is still a lot of ignorance. Hell, I was ignorant when we started looking, too. I really think that getting a lab diamond and using the 10k to go on a blowout vacation or do home renovations or whatever would be okay with me if I could get the premium stone I want and boyfriend would pay way less for it.

Maybe it’s a generational thing. I know lab diamonds, especially in larger sizes and great quality, are a recent phenomenon. [/quote]

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