Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Why are you wasting your money on something that is essentially worthless?

“Real” diamonds are equally worthless.

No, they aren't equally worthless. Close, but not quite.

Try to resell your mined engagement ring and then come back and truthfully tell us how much value it lost. If one wants a diamond nowadays, it is absolutely foolish to waste money on mined unless you have absolutely unlimited money to blow.

You will get very little for a mined-diamond engagement ring. Maybe 20-30% of the purchase/insurance value. You will get nothing for a lab. So again -- they aren't equally worthless; close but not quite.

This. I was reading something about how over time, b/c more people will be buying lab diamonds, real diamonds will be more of a status symbol.

Nope. No one will be able to tell the difference.

It could be amusing though, to watch people try to work it into conversation that their diamond is "real".

Anonymous wrote:I’m fascinated by lab diamonds bc unlike other “fake” jewels they are not fake. They are real diamonds with a chemically identical structure to mined diamonds. They are typically flawless unlike mined diamonds which is how a jeweler can tell it’s synthetic. But that is a really wild situation.

CZs are not even on the same page, they have a different structure and you can see the difference with the naked eye. Just garbage.

But the synthetic diamonds present a really interesting alternative bc they essentially ARE diamonds.

+1
I honestly don’t quite understand how they are the exact same thing as mined diamonds. I’ll have to watch a video on the process!

Can anyone answer the damn question!

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Why are you wasting your money on something that is essentially worthless?

“Real” diamonds are equally worthless.

No, they aren't equally worthless. Close, but not quite.

Try to resell your mined engagement ring and then come back and truthfully tell us how much value it lost. If one wants a diamond nowadays, it is absolutely foolish to waste money on mined unless you have absolutely unlimited money to blow.

You will get very little for a mined-diamond engagement ring. Maybe 20-30% of the purchase/insurance value. You will get nothing for a lab. So again -- they aren't equally worthless; close but not quite.

This. I was reading something about how over time, b/c more people will be buying lab diamonds, real diamonds will be more of a status symbol.

Nope. No one will be able to tell the difference.

DP. If no one can tell the difference, why aren’t lab diamonds sold at a huge markup, like mined diamonds? Who would know?

Anonymous wrote:Why are you wasting your money on something that is essentially worthless?

Diamond prices are artificially inflated

Plus why would you want to contribute to blood diamonds? There is no such thing as a non-blood diamond.

Here’s one area in Sierra Leone -

Workers get a couple of dollars a day and they’re sold for billions all over the world. The Sierra Leone caves had been used to fund civil war in the country previously and now owned by outsiders.

“Now owned by Israeli mining magnate Beny Steinmetz’s BSG Resources, the company has played a defining role in the local diamond industry ever since.
To expand its original mining operations, the company destroyed a significant proportion of the city and its surrounding, evicting hundreds from their homes. This caused major disruption to local livelihoods, destroying swaths of farmlands, polluting the air and contaminating underground water in the area.”


https://www.occrp.org/en/blog/17046-duplicity-and-destitution-how-sierra-leones-artisanal-diamonds-fail-to-benefit-local-communities

Why would anyone buy these rocks knowing their history. Lab diamonds are smart and just as beautiful.

Anonymous wrote:

Anonymous wrote:This is a bit of a random question. Given all of the talk about how mined diamonds also lose their value by a significant amount, is there a place where I can buy a "used"/"re-sale" large mined diamond (e.g., 3 carats) at a discount? For example, for 15K instead of 30K+?

Ah, see that’s is biggest scam in the industry. When YOU want to sell your mined diamond, they’ll tell you they don’t hold their value and offer you 20%. When they resell it, they’ll price it at exactly what you paid for it. It’s not that diamonds don’t have resale value, it’s that the industry is a grift.

Exactly. Why would a jeweler sell a diamond cheaper “used?” It’s not a car, it’s not like you can tell. The diamond itself will re enter the market, where they will take it out of the setting, put it in a different one, and sell it as a new diamond.

I’m fascinated by lab diamonds bc unlike other “fake” jewels they are not fake. They are real diamonds with a chemically identical structure to mined diamonds. They are typically flawless unlike mined diamonds which is how a jeweler can tell it’s synthetic. But that is a really wild situation.

CZs are not even on the same page, they have a different structure and you can see the difference with the naked eye. Just garbage.

But the synthetic diamonds present a really interesting alternative bc they essentially ARE diamonds.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Why are you wasting your money on something that is essentially worthless?

“Real” diamonds are equally worthless.

No, they aren't equally worthless. Close, but not quite.

Try to resell your mined engagement ring and then come back and truthfully tell us how much value it lost. If one wants a diamond nowadays, it is absolutely foolish to waste money on mined unless you have absolutely unlimited money to blow.

You will get very little for a mined-diamond engagement ring. Maybe 20-30% of the purchase/insurance value. You will get nothing for a lab. So again -- they aren't equally worthless; close but not quite.

This. I was reading something about how over time, b/c more people will be buying lab diamonds, real diamonds will be more of a status symbol.

Nope. No one will be able to tell the difference.