Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote: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.
This is the mentality of someone who grew up poor with a low educated family.
lol. Sure. Go ahead and see what you can get for your grandma's jewelry.
I don't need to, this is the beauty of compounding for a longer time. But my grandma didn't grow up on septic in West Virginia with an elementary school education, like yours, so we define value differently.
Anonymous wrote:Anonymous wrote:Anonymous wrote: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.
This is the mentality of someone who grew up poor with a low educated family.
lol. Sure. Go ahead and see what you can get for your grandma's jewelry.
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
Anonymous wrote:Anonymous wrote: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.
This is the mentality of someone who grew up poor with a low educated family.
Anonymous wrote:Anonymous wrote:Anonymous wrote:If you live in the DC area, especially the DCUM demographic, real diamonds will never be worth it. Go to other parts of the country, including the UES of NYC, and you'll get very different answers.
It really depends on your social circles.
The little secret is there is no way to tell if a diamond is lab grown or natural. They say 50% of natural diamonds are actually labs. The certifications are faked.
New York is the heart of the diamond cartel in the US. Of course they will push natural diamonds. Though do you really think all those natural diamond is real? No way.
It's very easy for an experienced gemologist to say and they can even identify the growing method of the lab diamond. There's also a tool that one can buy to test for lab vs natural but it's expensive.
Anonymous wrote:Anonymous wrote:If you live in the DC area, especially the DCUM demographic, real diamonds will never be worth it. Go to other parts of the country, including the UES of NYC, and you'll get very different answers.
It really depends on your social circles.
The little secret is there is no way to tell if a diamond is lab grown or natural. They say 50% of natural diamonds are actually labs. The certifications are faked.
New York is the heart of the diamond cartel in the US. Of course they will push natural diamonds. Though do you really think all those natural diamond is real? No way.
Anonymous wrote: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 wrote: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 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
Anonymous wrote:I was thinking of buying a vintage diamond tennis bracelet with natural diamonds ($5k) from a relative in the jewelry business but I am worried that diamonds will be worth much less soon due to advances in the lab grown type. Does anybody know about this issue? My relative is very knowledgeable but it feels rude to ask about since she owns a whole lot of natural diamonds.
Anonymous wrote: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 wrote:Anonymous wrote:If you live in the DC area, especially the DCUM demographic, real diamonds will never be worth it. Go to other parts of the country, including the UES of NYC, and you'll get very different answers.
It really depends on your social circles.
The little secret is there is no way to tell if a diamond is lab grown or natural. They say 50% of natural diamonds are actually labs. The certifications are faked.
New York is the heart of the diamond cartel in the US. Of course they will push natural diamonds. Though do you really think all those natural diamond is real? No way.