Can Diamonds Made In A Lab Replace Natural Ones? | Rise And Fall
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- เผยแพร่เมื่อ 30 ธ.ค. 2021
- For years, diamond-mining companies advertised their gems as symbols of love and romance. But hiding behind that narrative was an industry linked to conflict, corruption, and colonialism. Now, diamonds can be grown in a lab at a fraction of the cost. So is this the future of diamonds?
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Lab is chemically, physically, optically the same as natural. It is designed and engineered in a lab, which to me is very impressive. After spending ten thousands of dollars on jewelry for my wife over the years (Natural diamonds), I came across a factory on Reddit who sells lab diamonds (For like 50% off the market price), I purchased her an amazing tennis bracelet, Even big brands such as James Allen are selling lab diamonds 90% of the time, more and more people understand that natural diamonds are mostly a marketing gimmick. diamonds are not actually all that rare. Their value comes from the DeBeers being able to control their flow into the market
Diamonds are not rare, but Diamonds with color and clarity are insanely rare, close to 95%+ Diamonds which seems to be of Good color and clarity fail the test, and diamonds are not like oil or gold to be concentrated in particular area where you could setup huge rigs to mine, Earth Depths where these are found - Gold 1Km-4Km, Oil 1Km-6Km, Diamonds 150Kms-200Kms
What happened to the black boy in his 21 karat diamond?
I know somebody still have that diamond in their family
we have diamond factory ,i want to say one thing that making diamond jewelary is harder than gold , i can say process is very complicated ,diamond gone from various stages to look elated. and 35%of rough diamond are being wasted in making process.
8 to 10 stages are complied with diamond and they are interconnected.
@pitervain6644 can you tell me price of 1 carate diamond in US market?
not big ones , small diamonds per carat price?
Debeers had to be greedy and cosign on having children mine them. I'm fine w/ lab grown
Diamonds are crystals. Ice is also a crystal. If you don't consider lab grown diamonds as real diamonds, then you don't consider fridge ice as "real" ice because it didn't crystalize naturally.
Well explained
I use the cultured pearl analogy. Mikimoto built an empire on pearl manufacturing. The pearl divers of his time were calling his pearls fakes all the way to the unemployment line. A pearl is a pearl. A diamond is a diamond.
Same with a tree or plant that was grown in the wild vs one that was grown in a nursery. It’s the exact same thing, they were just grown in different ways.
It's just not the same thing. Chemically, yes. Mechanically, yes. But the process of growth and the rarity of the gems make natural diamonds more precious, and therefore more valuable.
@@baguazhang2 The only rare diamonds are very large like 4+ carat, nearly colorless, perfect cut and virtually no inclusions. The typical diamond that the general public would purchase are a dime a dozen. The only thing that makes them so expensive is a great marketing scheme,it is part of the culture to buy your wife a diamond ring, women are conditioned to expect it, it’s a scam.
Man-made diamonds would be an easy substitute for natural diamonds if they were significantly cheaper than they currently are. Moissanite on the other hand is a great replacement for diamonds - extremely affordable, very shiny, almost as hard, available in multiple colours, and the quality only keeps getting better.
If it gets cheaper it wouldn't be as precious and desirable
@@vishwanathasharma1409 people interested in Moissanite tend to value high sparkle at more affordable prices in their jewellery. Not whether it's precious or desirable.
@@user-kpkxgtj very few care about the actual looks of the jewelry, it's all about how much it costs or at least seems to cost to others. It's often subconscious, but essentially people want to wear and show off a pricetag. Manmade diamonds will eventually kill off the diamond mining industry, but not because people will prefer them, but because of them it'll be impossible to tell at a glance how much is on someone's finger, diamonds will stop being status symbols and if they are not that then what good are they for at all? People will find some other bling to show off.
I completely disagree relative to cost when you are looking at a high quality diamond especially when the carrots get larger you can buy junk diamonds for the same money as good quality man made diamonds but if you want good quality mine diamonds you're gonna pay big money
@@aleksandersuur9475 from this comment section it would seem natural diamonds are here to stay - people have a very strong emotional connection to the idea of natural diamonds and consider the lab grown ones to be fake. I'm actually shocked De Beers and Co haven't started a campaign that goes like "the only real diamonds are the mined kind and if it didn't cost half a year's salary it's not worth it". I agree, lots of people want to wear a huge price tag. I'm quite confident the players in the diamond trade will find a way to use that fact to keep business booming for a long time (calling natural diamonds an "investment" is already a popular strategy). As lab grown stones get cheaper (but with De Beers in the lab grown business who knows whether the prices will really go down significantly?) and Moissanite quality gets better, those who only want sparkle at the most cost-effective price are in for a treat.
I’m a gemologist and have been working in the diamond industry for twenty years. I can say that there is absolutely no difference between lab grown and mined diamonds.
Then I need your help to review some of the stones I have
@@BlueMileWaves you can send them to international gemological institute and they will identify what your stones. There are in NYC
@@scratch945 How do I send it to them when I am in Nigeria?
I heard the natural one might be less pure?
@@Liquid-Lithium yes they have been able to make them high clarity but that not all ways the case. A high clarity natural stone is way more money then a high clarity lab grown
I'm from south Africa and I'm glad that the mining conditions of workers are being made well aware.
why do africans put up with it?
south africans actually like working in piss poor conditions, otherwise they wouldnt do it
@@anarchyorslavery1616 no they dont
theyre either forced to work or have no choice but to work in those conditions
@@anarchyorslavery1616 "poor people actually like being poor, otherwise they'd be rich"
@@JusdoinstuF are you being sarcastic or....
My diamond ring is lab grown, and it was a decision my fiancé and I made together. It's as clear and sparkly as a natural diamond that would be waaaaaaayyyy out of our price range. I kind of like that lab grown diamonds are making the diamond much more accessible.
So you did it for price right? Because they just said lab grown diamonds still start from a small regular diamond
@@trentrockwell6598 Part of it was price, yes. The other part was because we wanted something that had no ethical problems.
@@epreston3245 but they start off from a regular diamond so it’s kind of a game of chance I don’t think there is a lot of things that don’t affect something else when you buy it on earth
@@trentrockwell6598 listen it again...the seeds can be from LAB GROWN or mined naturally she says just around 6:36..
You’ve been lied about accessibility of diamonds. We have a surplus of diamonds to the point that it’s value can literally be worthless mining company like da beers. Creates artificial scarcity to keep the price high. It’s all profit
I never understood the hype for diamonds. There are many, many more gems that truly outshine and are so much more beatiful - including opals! Even salt & pepper diamonds are way more interesting, and they're considered "flawed".
I'm with you Sarah
Although i agree with you, most gems come from the global south, and therefore are probably mined in the same way diamonds are.
For me it's the physical properties. The hardest material... It always amazed me. But I would absolutely go for lab grown diamonds.
I agree. That’s why I picked a blue sapphire. I absolutely love it 🥰
Diamond goes well with any outfit and looks timeless. Colored stones are hard to pair. Pearls are occasional too.
My family owns 3 jewelry stores and I can tell you diamonds are the biggest scams ever pulled on people.
We received a few samples of lab grown diamonds recently and are considering to switch our entire supply from natural diamonds to lab grown but that’s the easy part because most our clients think lab grown diamonds are fake or not as good and prestigious as the mined ones so it’s slow process because of the risks involved.
What about other gemstones? Are their prizes justified?
send ur mail id
Environmentally, humanitarianly and even aesthetically, lab-grown diamonds are clearly superior. It’s unfortunate that due to the historically outstanding PR of the diamond trade, it’s so difficult to turn the tide of public perception. I hope we eventually make the transition as a society.
@@DocBree13 For luxury products it's all about marketing and perceived status gains. It's the same reason "hand made" and other signs of authenticity and scarcity that do not necessarily affect the quality of the emd product still demands a premium. People pay more because the fact that they can afford it and others cannot is a large part of the appeal.
i have heard that lab grown diamonds generally have fewer flaws than diamonds from nature.
as with most status symbols, the difference between marketing and scams is a matter of perception. gold, silver and other gems are in the same category as diamonds. even "organic" food can be considered a marketing scam, as there is no clear definition and natural pathogens in food sometimes kill.
In my teens, in the early 2000s, I had mentioned to several people that I would never want a diamond engagement ring; rather I’d choose sapphire or something with color. Every single person I mentioned this to gave the same reaction: I was told I was silly, stupid, or crazy as they rolled their eyes.
While window shopping in a franchise jewelry store, I made this declaration of not caring for diamonds. The clerk didn’t even have a response, & said gemstone rings aren’t available in the engagement ring selection.
Now, I see gemstone engagement rings everywhere!
You were just way ahead of your times.
Gotta tell you the colored stone industry is full of corruption, drugs and death. Emeralds are the worst. The info about colored stones is well hidden from consumers..
My Grandma gave me the diamond out of her old engagement ring. It is real and my fiancée loves it. Personally I don’t see the appeal either. I’m just glad I got a free one because they’re way overpriced
@@clamier she is not just ahead but also waay backward because colored gemstones are used for engagement for centuries
You're not alone my friend. I told a jeweler that I wanted an opal ring and she gave me this very long spiel about how diamonds are better because they last forever, don't break, don't have to be replaced, blah blah blah. The problem is, they still fall out of their settings and you do have to sometimes replace them. So what's the difference between replacing a pricey small diamond and an affordable opal?
Before seeing this video De Beers had achieved a permanent negative brand with almost everyone I know. Now that I’ve seen this, not only is there no way in hell we’d buy from them, we will now only support open market purchasing of man-made gems. It is nuts to pay more for a product because it is defective. If you want imperfection for esthetic reasons, buy hand made rugs and pottery.
But its a one time investment for a ring that lasts decades and for generations. Versus clothing that you buy that gets replaced every other month or the thousands of cows that you eat through your life time or the amount of animals you slaughter for the leather in your car seats. Its all about perspective
@@sew_gal7340 Not if it is a symbol of centuries of abuse and oppression. You've got human blood on your hands now and you want to pass it to the next generation? How could you?
@@sew_gal7340 I think I failed in communicating my central point: having a diamond indeed could last for many many generations, and provide lifetime meaning to the recipient. No question. But what is so valuable about a natural diamond which, in practice means it has at least some flaw in it, versus a perfect stone made by science and engineering? And requiring such a huge premium, which in turn causes misery to a huge part of the world. By all means buy the diamond, but make it a synthesized diamond with no money flowing through companies like De Beers. And like the relationship a bride and groom dream of, it is perfect!
@@marcmckenzie5110 I enjoyed reading your response, thanks for being so reasonable and you actually convinced me to rethink my position! Thanks!
@@syrupybrandy2788 I agree with your first part, i was just saying there is no difference between a "blood" diamond, and that H&M shirt that you bought and continue to buy consistently throughout the years. The only difference is that with the diamond you've only exploited once, with the clothing industry you continue to exploit poor and underpaid children. I'm not saying youre wrong, i'm just saying it seems hypocritical of these documentaries to make it seem like diamonds are so evil when the fast fashion industry is 100x worse with not only abuse of the poor but of the environment as well.
I've worked in the jewellery industry for the last 6 years. If people/consumers knew only a tiny friction of what I know about the industry they would stop buying jewellery all together.
Like what? What are some key points we should be aware of, or avoid?
Blood diamond perhaps
He is talking 99% are fake diamond
You purchase
Why not make youtube videos to educate?
Marvin Kwidzinski
I'm curious...and ready to learn!
Teach!
I almost married a gal about 35 years ago and she was into Diamonds in a big way which obviously made me
interested in them, however, we absolutely looked at these rocks very differently and I find it fascinating the
conversation I would have with this girl if she were alive today about these rocks.
I wish you were still here Susie.
I would love to have that argument with you 1 more time.
Oof
I’m sorry for your loss 😞
She may have changed her mind. I certainly have. I feel a lot different about diamonds now than how I did years ago!
Hopefully she's enjoying a beautiful diamond.
I offered my wife any stone she wanted on her engagement ring, I told her about conflict diamonds and I told her about other rare stones and she has a Tanzanite on her ring. She loves it and never looked back, guranteed conflict free.
Did you tell her where her smartphone comes from?
You know you didn’t have to get her a conflict diamond, right?
@@jamesbizs Lol, you talk like it's something you can guarantee. Conflict diamonds are constantly smuggled across the border and mixed in with other diamonds to hide their origins.
@@jamesbizs Tanzanites are conflict free
@@jamesbizs There aren't any diamonds on the ring
It has irritated me for a long time that so much of the Diamond craze is so utterly contrived. Diamonds are cool. They are even useful.
But they are not worth the trouble the exploitation of the global sourcing and marketing has caused.
Neither is true of art galleries and new artist painters. But it's one of the main arteries of money laundering, so...
I love my lab grown diamond engagement ring. I was able to get my dream ring that would have cost $25-30k for a mined diamond which is absolutely bonkers. My partner spent about $4500 which is a much more reasonable amount. It's my dream ring and has sentimental value forever. I'm so glad lab diamonds are an option!!
🤣🤣🤣😭 25k for a ring. That's absolutely delusional.
I also bought lab engagement ring 1.38ct for $1k 18k white gold
And once worn even that $4500 ring is now only worth a couple of $100 at best. Diamonds are massively marked up, it's silly.
When Australia found diamonds in it's north west lands, De Beers wanted to buy them. They said no, because Australian Trading and Commerce laws prohibited geographic monopolies. After this announcement, the price of De Beers stock market shares went down by 30%. Australia has a large range of colored diamonds.
Cause they need to buy all the diamond mines they can.
Their company is built using a monopoly structure with advertising to make people think they are rare.
Their brainwashing of the population and the rarity of diamonds is slowly being worn down.
But will still be long time before it's gone if ever.
i think red diamonds in particular are in oz and those are the most valuable of all diamonds just due to scarcity.
Lab grown diamonds I feel are alot better for the environment, feel like it prevents the destruction of land by digging mines and stuff. And it's alot cheaper and who cares where it's from it's still a diamond
I remember an old 60 minutes episode about diamonds from YEARS ago. Russia was in need of a lot of stuff but had a hard time buying it. Medicines, etc. They showed a warehouse full of diamonds and the reporter asked why they didn't sell them. They were told if they sold all those diamonds on the open market that children would be playing with them like jumble jacks in the street. Diamonds are kept high priced and it's a sham in my opinion. They are worthless.
And one of the longest running shams. I think because of the internet, many shams are being exposed....because it's easier to piece things together. And easy...with a few clicks...so people delve.
Gold and sliver are better investments
I never thought about getting a diamond when my husband was planning to propose bc they're crazy expensive, but after finding out my ring is lab grown, I couldn't be more happy bc I feel better about ethics and price. He did well 😂
He did very well same make up!
That's awesome!
I prefer lab grown 1 because they use the same material as any other diamonds 2 no conflicts involved with them
@Plague Doctor "Not all" doesn't mean it's a precisely favourable ratio. 'Not all' southern slaveowners mistreated their slaves. 'Not all' age of sail pirates brutally killed every crewmember in a boarded ship. 'Not all' zebra steak comes from illegal poaching.
See how bloody stupid your argument sounds?
No one forces you to buy a conflict diamond. And if you’re going to buy a lab grown diamond, you might as well buy some other stone. Diamonds are special because they aren’t lab grown. Otherwise they are just pieces of “glass”
Tell that to the Indian guy working for $50 a month making them. Where you think the majority of Lab diamonds come from? Defenitly not 1st world nations for profitable reasons.
@@jamesbizs Lmao, a diamond is a diamond. Unless you're a collector or obsessed with which mine the diamond is from, then it doesn't matter if it's lab grown or not.
@@user-ft3jq5vi2l well, they are the Plague Doctor. so it's unsurprising that their argument is in favor of death
As a part of the jewelry industry, I wish you guys had touched on another reason why diamonds are still the best option for heirloom quality fine jewelry. They’re the only gemstone that can withstand decades of daily wear and still look as good as they day you bought them. Diamonds are unparalleled in their longevity, and are the easiest gemstone to work on when repairing. Because they can withstand high heats they don’t need special attention or protection when repairing with lasers or torches, and are durable enough that you can file and polish directly over them without worrying about damaging the stone. THATS another major reason why diamonds, be they lab created or natural, will probably continue to lead the industry in sales of fine gemstones.
That's not true. Moissanite lasts longer than diamonds. Diamonds are not that, though and they chip and crack pretty easily. Moissanite is thougher than diamonds, it is more beautiful than diamonds and for a fraction of the cost.
@@jadmsaber1 to be correct diamond has a hardness 10 grade and moissanite is 9.25 on the scale. so it isn't tougher. But i would still buy a moissanite or maybe just maybe when i ever would buy one I'd buy a grown diamond
@@NaziemSaki To correct you back, a material's durability consists of hardness, toughness and stability. First, Hardness is how much a material can resist scratches and wear, and it is ranked on the Mohs scale from 1 to 10. Diamonds are 10 the hardest and moissanite 9.25 the second hardest on the earth. Second, thoughness is a material ability to withstand pressure and force applied to it before it cracks. Moissanite is remarkably tougher than diamonds, as it can survive direct hits without breaking or shipping. In contrast, diamonds are brittle and can easily crack because they have a weak direction of cleavage. Third, stability is a material ability to resist chemicals, dust, oils etc. Moissanite is not affected by most household chemicals and repels dust and oils, while diamonds can be damaged by multiple household chemicals and attract dust and oils.
So, in summary, when it comes to durability, moissanite outranks diamonds in the two most essential parts toughness and stability.
@@NaziemSaki to summarize for the guy above: just because you read the brochure doesn’t mean you understand anything about gems
@@jadmsaber1 thank you for the concise explanation! I had no idea about moissanite and think I'll have to look into it 💖
I love some lapis, chevron amethyst, ruby in fuchite, bismuth, rainbow moonstone, blue fire labradorite, opal, alexandrite!
I've always been a rock nerd lool 🤓
Tbh in my eyes the natural pearl is much more precious than diamonds because it was actually grown by a living thing over time.
interesting
This has nothing to do with what's beautiful but how you can control an industry. For example, 75% of pearls sold aren't natural, they are cultured.
its crazy how we overvalue a stone whose best use is in industrial applications. in reality, diamonds should be around the same value of other gems like ruby and emerald. as a result, alot of the conflict in africa could and would have probably been avoided. on the other hand, gold is limited by its carat and the value added by the labor of jewelry, we have created a scenario where diamonds don't follow this as people overpay for "imperfections" and other insignificant characteristics
Rubies, sapphires and emerald of quality are far more expensive per carat than diamonds.
Emeralds and rubies are the elite of the stones..diamonds don't come anywhere near it.
@@reneepypiak5427 for a premium quality of those big three they are more expensive than diamond. Medium and decent quality ones (color not that amazing but still beautiful) are cheaper than flawless diamond
When the standard African family has 8 kid's each it is the diamonds that are keeping the population down which is exactly what we need to do
i would say they should still cost more than other gemstones because they are scratch resistant and sparkle more.
Truth is yes if they're given or percieved to be value. Once people are prepared to pay what is perceived or accepted as a quality stone you have a market. Swarovski after all is glass cut in a particular way.
"two month's salary" I remember that. I realized at that moment that De Beers was evil. I vowed never to buy a diamond that had been tainted by their curse.
There is absolutely 0 reason to not prefer a lab-grown diamond to a natural when it is, by definition, identical to “real” diamonds chemically, physically and optically, at a lower price, and without human suffering.
There's a chemical difference of 1 element. Im no pro but saw on google that the natural one is the prefered for the beauty category. It's allure. I had bought some in the day, now im just after gold. bitcoin is a porn scarce. i dont invest on spun.
As someone who works in fine jewelry sales in a very low to middle income area (or high income blue collar who isn't interested in but a few very special pieces of jewelry), my lab grown sales have increased a lot in the last two years, and our selection has increased about three-fold from when I first started my current job in '19.
please send ur email we are manufacturer
@@pravjayaexports1759 I'm sorry, but I work for a corporation. I would not be able to be a customer for you.
Sounds great! Do you have the stable supplier of Lab Grown Diamonds? 😁
I have a moissanite and it's honestly the most beautiful diamond alternative out there. They are also made in the lab and have more flash/sparkle than actual diamonds since they have a higher refraction index.
In general, it's nice to see in the comments that people actually care about being conflict-free and that there's so many beautiful alternative stones out there! I highly recommend researching your options and finding out what's important to you when you're out there looking.
Not only more beautiful and sparkly than diamonnds, Moissanite is also thougher than diamonds. It actually outperforms diamonds or any other similar gemstones in every aspect.
The optical properties of moissanite are just flat out better than diamond, unless you prefer less color and brilliance.
I agree, Moissanite is a great substitute for diamonds.
When my partner told me he was planning on giving me an engagement ring, I asked him not to give diamonds. After carefully considering other gems, I decided to go for a classy one, a 0.5ct moissanite. Only a fraction of the price of a lab grown diamond. No family or friends know that it is not a real diamond. Besides, no one really cares anyway.
I’d rather a lab grown diamond over moissanite, if i were looking for alternatives i’d get a lab grown sapphire
My fiancé proposed just a few weeks ago with a GORGEOUS lab-grown diamond ring. It's a beautiful piece, everybody was floored by it (including me). I love that my ring got us a bigger bang for the buck, and that im not carrying someone's suffering on my finger.
That's the right way to look at it.
Society needs to look at all things we purchase that way. Ethical purchasing.
if u paid more than $300/ct for it u got raped
@Alyssa Taylor, hmm now i feel like exchanging my diamond for a lab grown one🤔. About to propose soon so i have to decide quickly😂
Great video my daughter just turned 21A few months ago and I bought her one carrot lab grown diamond earrings, they are fantastic I will never buy a mined diamond again.
Lab grown diamonds are cheaper, far more ethical and chemically identical to ground grown diamonds. It's a no brainer!
Yes! I don’t understand why people are so against lab grown. You are right that they are chemically the same, so why all the hate? The only difference is where they come from!!! People need to get over it and stop knocking labs. Have fun with your overpriced blood diamond, I’ll stick with a non-conflict one that experts can’t even tell isn’t mined💁🏻♀️
Lab growns are better in most ways. But I'm biased as a chemist.
More brilliant, sparkly, more fire.
But you have no resale value for lab diamonds
@@LordBagdanoff who gives a rats ass, don't overpay, don't overpay
Diamonds are the biggest scam of all time. They are useless rocks that are highly valued because the supply is artificially kept low. I will not be buying my future wife a diamond. I’ll buy her an expensive ring fine but not a diamond it really infuriates me that it is so expensive that money can be used to pay off bills go on vacation pay off debt. They have women brainwashed by stupid films and ads
Diamonds belong in saw's not rings. There are way cooler gems that are better and cheaper, people seem to fall for anything they made brown diamonds the cheapest type "chocolate" and sold them at stupidly high costs.
You say women but the early marketing actually targeted only men, saying “it’s not an engagement ring without a diamond”, creating the “two months salary” norm to prove men’s wealth or success. Early marketing towards women actually failed, because the buyers were mostly only men gifting women diamond jewelry (especially rings).
@@gundamator4709 EXACTLY ... ONLY USELESS WHEN SOMEONE WEARS THEM ..
Yeah diamonds are not that rare
Not just women. Men too. Women weren't the ones buying them. But I agree with you they are total scams
Blood diamond was one of the best movies ever made
@@howyoudoin2733 Cool as Ice.
@Plague Doctor fair enough lmao
I was grateful my wife wanted a very specific type of stone. She wanted an Opal, which is uncommon, and waaay cheaper than diamonds. I feel some shame from time to time when I see someone wearing a whopper of a ring on their finger, but my wife and I are money conscious and Opals interested her more. I hope to buy her something very special someday when our financial plans finally pay off
FYI, not all opals are ethically sourced either, so please do your research before purchasing one. They're also very soft compared to diamonds and other stones like rubies, so they may become scratched and dull overtime
My ring is diamond but I didn't want some huge rock on my finger.. I have a nice beautiful cut smaller stone.. Think it was $300, didn't want a big wedding either 🤣
Why do you guys need stones to symbolize your love?
@@taureansun1501 why not?
@@MsLouie76 cus its unnecessary expensive and almost always sourced from child labour. If you need a rock to rock as a symbol of proof of love from a man, to me that's kinda sad. Also aren't rings enough? Why must it have a diamond or precious stone? But I guess that's just me.
Lab growth diamonds are cheaper and their value are also going down each year. However for mines diamonds the value have increasing all the time.
Your much better off taking the savings from the first lab diamond, investing it in financial instruments and then by the time you want to upgrade your can get whatever you want. Diamonds are not investments
Yes, the price depends on the market!😁
That Blood Diamond movie is really good. Great performances from Djimon and Leo.
It’s scary how ads can manipulate millions of people for a single goal.
Yeah like corona pandemic
Google why corn flakes were made and the ad campaign behind it
Like MAINSTREAM media
I think we already have a precedent regarding on how artificial diamonds will affect the industry:
Cultured pearls.
Artificial diamonds will become the majority of the diamonds on the market.
Natural diamonds will still have demand among the ultra rich.
Not when the bottom falls out of the natural diamond market. Rich people want diamonds because they *"hold their value"...used to. I'm no expert, but aren't we seeing a continued slide in the value of natural diamonds? As more people become aware of lab-grown diamonds and of the conspiracy to prop up the diamond market, the public will buy more lab-grown diamonds. Afterall, costs less and more fire and about the same hardness.
Apparently there is currently no test that can distinguish between natural and lab grown. Rich people will stop buying "new" diamonds, and stick to stones that have a well documented provenance.
@@PLuMUK54Moissanite has far more fire so that should be easy enough to see.
Natural diamond and from lab dificult to see difference
@@bennyirawan5086 Shine a flashlight on the two and the lab-grown will project more spectrum around it, more fire by a lot.
I think people got scared of the lab diamond not having the same value as mined diamonds but the rebranding of the lab diamonds might be it's saving Grace. For example one approach to selling lab pressed diamond by offering people the opportunity to choose it as an alternative to cremation or burial. On the day of your death turning your body's ashes into lab pressed diamond to be handed down to your children in memorial and as an inheritance is too hard to resist. THAT'S GOING TO BE BIG BUSINESS. IF THEY HAVE AN IPO I NEED TO BUY IN NOW!
That's kinda unsettling honestly.
but real diamond does not hold their value anyway. not in the same level as gold. but gold is not as expensive. so buying real diamond is not worth it.
There’s no way to predict the color or quality. Also, cremation jewelry ends up in thrift stores eventually when people die and whoever cleans out their home doesn’t know what it is. I’d rather have my loved one’s ashes scattered or interred.
My "engagement" ring, is a replacement my husband bought for one of our anniversaries. It's a deep pink, 4 carat, pear shape sapphire, and it's lab grown. It looks flawless more than ten years of daily wear, it cost practically nothing, and I get compliments on it everywhere. I wouldn't buy mined diamonds if they were free. Herkimer diamonds, moisanite, and other lab created stones look better, the colorless mined diamonds wash my paddle skin out and make me look like a cadaver. Not worth the money.
Diamonds are actually plentiful. But the strangulated supply and the artificially promoted "necessity" for them is what makes them costly.
Lab grown diamonds are the way to go!!!!
No one will ever be able to convince me that a Diamond is worth what they are sold for. They aren’t exactly rare. They are a rock.
Millions suffer to make one man rich
They also hold no resale value. Very few want a used diamond.
there are such things are rare rocks. but diamonds aren't one of them
Uhm diamonds are not rocks. They are gemstones made up of strictly carbon. Rocks are made up of multiple minerals.
@@billyyank5807 ok, Bill Nye. They still aren’t rare.
Bought my wife a cubic zirconia ring as our wedding ring cause we were broke. Everyone always commented how good the ring looked with the nice “diamond” in it. Regular folks can’t tell the difference and unfortunately my wife got robbed last year and the guy stole the ring thinking it was a diamond. We are only out the 70 usd we paid for the ring instead of the 5k I was planning to save and spend on a “real diamond”. The diamond industry is a scam that 99% of people can’t tell the difference between the rocks. Wish I could have been at the pawnshop when they told the robber the ring was worthless.
I can tell, but I would never say anything because it's not polite. I'm just glad all the thief did was take the ring, and didn't hurt your wife.
I'd love to see the look on that thief's face when he tries to sell that diamond !!! You got the last laugh....
It's all kudos to marketing that a stone became so expensive, which if not can make it's scientific application cheaper
Scientific use diamonds are cheap
The qualities of Moissanites are enhanced so it's better than the real Diamonds. I would definitely recommend everyone getting it cause it's more eco friendly and shinier. Anyway, I'd still like a Diamond; at least a few to own.
A very interesting review of the industry and the products. Thank you.
If DB would release all of their diamonds to the market at once, the price of diamonds would drop like a rock and be super cheap. Gotta admit though, their marketing is the best ever, they convinced us that this shiny rock is a must have to show of wealth.
👍
I love how Africa's failures have always been blamed on capitalisms, while in the rest of the world, success is because of capitalism. maybe if we actually properly diagnose the problems, something can be done about warlordism, corruption, a lack of economic security and little to no institutional stability in Africa.
Exactly
What the video didn’t mention is that the pre loved market is a huge draw as well as you can find a really beautiful ring for frankly 1/16 of the price. My cousin found her dream ring of two carats for only $500 at a local pawn shop.
Nonsense. you couldnt even get the I3 in 2ct for near that price, even if it was stolen.
Truth! There’s no resale value with a diamond - they always go down in price. That’s why you can get a great deal at pawn shops or second hand stores.
Because that wasn’t the point of the video
@@somerandy3062 Even lab made diamonds don't go that cheap in 2ct sizes
Actually, it may have been 1 carat that she got looking back at it now, my bad. The design was from the nineties and while she loves it some people in our family called it "dated" so that possibly got her that good of a deal as well.
I actually like the moissanite ones better. They have a rainbow refraction to them. Plus they are so clear and more affordable. It's about time DeBeers Corp. had some competition.
Lab-grown diamond is a great substitute for natural diamond, it's impressive because we can no longer hurt the earth by mining deeper into it just to have a natural diamond ❤
Yes, lab-grown diamond is cheaper and greener!👍
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They look literally the same as the real ones and there is no scope for illicit activities.
No scope for illicit activities lab made diamonds ? In your wettest dreams. Just think about the post-manufacturing possibilities of selling them under the tax radar. Small and therefore easy to smuggle. The possibilities are endless.
@@DavidM2002 you think on my wavelength my friend lol
lab grown diamonds are cheaper and greener! A nice choice!
I make customized accessories with Lab Grown Diamonds! Would you like to make a technique gift to yourself, lover or parents? Such as a 1CT, E(color), VS1(clarity), 3EX(Cut), only costs $740! I also can provide you GIA or IGI certificate, which totally costs $850~980. And I have pink, blue, and yellow diamonds! Besides the round shape, I also have oval, pear, princess, marquise shapes. If you want to make a customized earrings, bracelet, necklace, or ring, you can call me!
For the first customized item, I can give you a 20% discount of the labor costs. And it only takes 15 days to complete the production.
If you only have some ideas about the gift, never mind! I can provide you the free design! Please follow us!
Looking forward to your kind reply!
I’ve always thought diamonds were overrated. My fiancée and I designed a signet engagement ring that represents the both of us. It’s one of a kind and gorgeous!
I am learning so much from watching your videos. Thank you so much for sharing this amazing source of information. This one is quite helpful.
This is one of my favorite channels!
Truthfully most of us would NEVER know the difference. Why pay thousands?
Your still paying thousands for lab made diamonds might as well go for cz
Pandora just launched the diamond collection. They are using 100% renewable resources. And have very strict regulations on working conditions. Highly recommend looking into it.
I recently purchased a lab diamond necklace from Vrai and I am absolutely pleased with the sparkle of my diamond 💎 Absolutely I will continue to support lab grown diamonds. I think it's amazing our technology has progressed to achieve this!
Diamonds are more common than Gold.
In fact, Silver is rarer than both Gold and Diamonds. The only reason Diamonds cost so much is because of artificial market scarcity.
In South Africa, Diamond companies have warehouses full of raw diamonds. They only sell a fraction to increase prices.
Fraction of the cost??? They are almost selling for the actual diamond price.
Exactly, she apparently did no price checks before making this video. They started at even more expensive when they first came out.
Not true, lab diamonds presently much less expensive than the same quality natural mined diamond. Has been for a few years. And the lab prices are expected to continue to drop and it gets less and less expensive to manufacture them and the market gets more saturated.
@@juliaballaron2684 Same quality? That isn’t a equal comparison. That’s like saying a gold nugget you found when mining isn’t as pretty as a gold bar. Well of course a gold nugget from the earth isn’t going to look like a forged gold bar.
@@TankTheSpank I've also observed no significant price differences between natural and lab grown diamonds so I wonder where people are getting all these dirt cheap lab diamonds 🤔
I want to find one of the "worthless" used lab grown diamonds. Please - where are they?
There is no doubt that Diamonds are beautiful. But anybody who can mentally justify paying the hideously expensive price demanded for any High Grade diamond, especially those of 2carats up, are insane when you can get a lab to make you a custom sized, clear, flawless, colourless 'diamond' that is indistinguishable to the naked eye from a natural diamond.
Also there is a new movement in Gem Cutting as Lapidarists now have easy access to new Spectral Imaging of the stone, 3D Imaging software where they can do a virtual cut of the stone before the real one and superior Laser Tech allowing perfect cuts & facets on the outside but also cuts/shading/etc INSIDE the stone.
Wouldn't you rather have a Pixel Cut, Starbrite Cut, Pharaoh's Eye Cut, etc of the many hundreds of new truly unique and gorgeous cuts instead of another Princess Cut? I know I would.
Diamonds are not as rare as most people think they are, they are very common compared to other elements in the ground its just marketing and controlling the supply in order not to flood the market and destroy its current price, so the idea of the ones made in a lab makes it less spacial is insane and am sure that they will always try and make it be that way in order for them to keep insane money. gold is significantly rarer than diamonds are.
Very interesting, informative and worthwhile video.
My lab diamond was a third of the price of a natural diamond and it’s the essentially the same thing. It was a no-brainer for me.
you accepted the fake?
@@xpengfangirl7942 lmao do you think lab diamonds are fake? Fruit might as well be fake too because all of the engineering we have done to them
@@graceross4888 thanks Grace, this kind of research is important to china, we will now just copy everything, then say it is the same, thank you
@@xpengfangirl7942 glad I could serve our Chinese overlords ;)
But there’s no resale value
Got my fiancée a lab grown diamond. Almost 3 carats cost me close to 4k. It’s a princess cut on cathedral setting. Very nice and clear, nobody knows it’s lab grown and all her engaged and non engaged friends beam with jealousy in a good way lol
what can I say, I have good taste. The same ring as a “real” diamon would have set me back 15k. Not doing that for sure!
PURCHASED A 3.5 C Lab grown diamond for my wife's Engagement Ring. A perfect stone that only cost me $3,500 at the time. A mined stone of that size and quality would have cost me $80,000+. My wife get's compliments how beautiful it is all the time.
I get compliments on my $20 fake 3ct purple quartz looking ring all the time too. It’s all about showing off like you spent $ 80,000. If you live a lifestyle where you can get people to believe it could be real, I guess. Otherwise people who know about diamond prices just guess it’s fake. You can get a natural diamond for $3500.
Sounds great! Spent less money but got the same effect!👍
I make customized accessories! Would you like to make a technique gift to yourself or parents also? Such as a 1CT, E(color), VS1(clarity), 3EX(Cut), only costs $740! I also can provide you GIA or IGI certificate, which totally costs $850~980. And I have pink, blue, and yellow diamonds! Besides the round shape, I also have oval, pear, princess, marquise shapes. If you want to make a customized earrings, bracelet, necklace, or ring, you can call me!
For the first customized item, I can give you a 20% discount of the labor costs. And it only takes 15 days to complete the production.
If you only have some ideas about the gift, never mind! I can provide you the free design! Please follow us!
Looking forward to your kind reply!😁
Diamond engagement and wedding rings came into fashion because of Hollywood movie hype that advertised them for the diamond businesses. The worth of mined diamonds is due to artificially controlled supply to increase the price for demand. Cultured pearls are no longer considered second rate. Cultured gems may take longer for equal esteem, but they may soon outsell the mined gems.
This only teaches us that humans are extremely greedy animals, only run after shiny stuff, give them value.
Don't forget, the diamond industry is killing itself with all the price gouging. Young people such as myself simply don't have the money to spend thousands of dollars on real diamond. This is not the 1950's, and the economy is crashing
Not true, since the pandemic our sales have gold and diamonds have dramatically increased to record numbers.
Nope. The demand just moved to asia 😁
are you kidding me! I would much rather have a larger lab grown diamond, then a smaller natural diamond! same amount of sparkle but bigger! like Marilyn said diamonds are a girls best friend😍😍
Shame I got into metal detecting a bit too late with all the diamond rings I've found. I assume they would have been worth a lottt more back then 🤷 😏
I like natural diamonds... 💎💎💎 everything that the diamond has endured and the time it took for it to become that diamond makes it worthy to be polished up and worn with significance 💍❤♾️
But besides the diamonds Sapphires are my favourite gems it's my birth stone.
I personally think Opal is the most beautiful gem in the world. Seriously. Especially Australian Opal. I bought my girl one set in sterling silver on a necklace a year ago and she was elated. 🍻
Fire Opal is the one true gem for me
Black opal and crystal opal are both amazing in their own ways too.
Yes and I like blue color
Opals are beautiful just like diamonds i like them both 💎💎💎✨
Katie Nixdorf has such a pleasant narrator voice. It really adds to the subject matter that the delivery is clear and smooth.
My engagement ring is teal sapphire with moissanite accent stones. Nobody can ever tell the difference between moissanite and diamond, and my partner and I are both anti-diamond. Would rather spend more on an amazing honeymoon than a piece of jewelry (that I could lose or have stolen!).
I think diamonds will one day be replaced by common sense.
Highly underrated comment 💯 👏
"lab" diamonds are actually better than mined ones, because they are purer. They were grown in a lab, so obviously they can't have impurities (or at least they wouldn't add them for no reason).
Excellent idea!👍
I make customized accessories with Lab Grown Diamonds! Would you like to make a technique gift to yourself, lover or parents? Such as a 1CT, E(color), VS1(clarity), 3EX(Cut), only costs $740! I also can provide you GIA or IGI certificate, which totally costs $850~980. And I have pink, blue, and yellow diamonds! Besides the round shape, I also have oval, pear, princess, marquise shapes. If you want to make a customized earrings, bracelet, necklace, or ring, you can call me!
For the first customized item, I can give you a 20% discount of the labor costs. And it only takes 15 days to complete the production.
If you only have some ideas about the gift, never mind! I can provide you the free design! Please follow us!
Looking forward to your kind reply!
Anything can be easily replaced, but that replacement will never hold the same quality! ✨💎✨👈🤩👍
Moissanite is gonna shadow diamonds pretty soon, it is way much more beautiful than diamonds and much thougher for a fraction of the price.
And it comes in multiple colours too 🤩
Blood Diamond was a bit cringy but they were right with the line ‘a lot of wouldn’t buy a diamond (ring) if they knew it cost someone else their hand’
Just like any and everything else in white history, the bloodshed of black/brown people is a footnote when speaking on the greater scheme of things (greed, power, control).
Basically, im surprised it was given the few sentences it did🤷🏿💯
Unfortunately.. there will also be a market where the value of the diamond will be higher as the number of hands it costed goes up. Such is human nature.
@@bruthabrandon2966 wow twisting my comment. If you want to look at the history of greed and bloodshed, be my guest. But miss me with this racial hyping stuff. Human history is steeped in blood from devaluing human life. We're only experiencing one slice of it atm. The whole dynamic needs to stop.
Diamonds are beautiful gems formed by nature and now also formed by man. Diamonds wouldn't be so bad if only companies sold them at a fair, uninflated prices and if they didn't exploit the poor so much. I also can't completely blame the diamond industry for this "scam" that diamonds are rare and are the symbol of love since, at the end of the day, it's still people's gullibility and ignorance that is at fault if they buy into a scam. The diamond industry never forced people to buy diamonds, it was still people's free choice so the main fault is still in people's ignorance.
There are gems literally one million times rarer than diamonds yet usually cheaper. Amazing.
I’m too clumsy for real diamonds lol I’m really into moissanite ..😍💍 it’s cheap and beautiful and some come with authentication depending on the company. When I search for a piece, I notice a lot of jewelry stores sell them at 3x the price.
I'm so glad I prefer stones to diamonds. My birthstone is sapphire and I feel that would be more personal than an ordinary diamond for an engagement ring. I would also rather not wonder who may have had to suffer in order for me to wear it.
Diamonds are stones
Diamonds are diamonds. If you 'd like to upgrade them in the future, there are many, including the jewelry store you got them from that will accept them as trade in to upgrade it to a bigger lab created diamonds or mined diamonds. They will give you the same amount you purchased it for if you trade in same store you got it from. And now that it's becoming more popular, lab diamonds might even be worth more in the future, but of course, so will mined diamonds.
No way will lab diamonds be more in the future. They are mass-producing in at an extraordinary rate, also manufacturing processes have become cheaper to make . No jeweller will buy a lab diamond from a customer
I find it absurd that there are people who still give value to a stone just because it was created naturally, when they can obtain exactly the same characteristics, no more and no less, for a fraction of the price and above all without involving conflicts associated with diamonds. If you do not consider selling them later, which would be the only aspect against laboratory diamonds, it is not worth paying more for the same.
I got an engagement ring ad halfway through this video. This is the only video I’ve watched related to rings or engagements.
The best explanation I've heard regarding a lab-grown diamond is asking yourself if a test tube baby is any less a baby for having been conceived outside of the womb. For our 25th wedding anniversary, we replaced my ring. I could have had a mined diamond but chose to get a lab-grown one instead. It is truly one of the prettiest diamonds I've seen. An added benefit is that we only spent $11,000 vs what would have probably been $25,000 for a mined stone.
That’s still a lot of money for an object with zero resale value. Should’ve went for a gold ring instead
@@codecode1948 Well the good news is it doesn't matter because I didn't buy it to sell it. 😉
$11,000 is absurd amount of money to buy a piece of jewelry. like that's an entire nice car
@@nigelwest5776 It's only absurd if you don't have the income to support such a decision. Making sense of what you spend on anything, be it clothes, cars or homes is all relative to your income. And since we already have cars and multiple homes spending $11,000 on a piece of jewelry wasn't an issue for us.
@@mmc9828 spend your money on whatever you want but a tiny rock that has no practical purpose except to look pretty cannot have true value of $11,000. I think it's kind of like how companies will make a product with fake prices so that they can say it's on sale. The diamond companies have won by convincing people It's okay to spend thousands of dollars on a single piece of jewelry
Also, maybe now that we all know that the De Beers company manufactured the connection between engagement and diamonds, we can choose one of the other stones, hopefully without the ethical problems. Colors are great!
Diamonds are white, the color that represents purity(although it's also an easier color to dirty, whatever that means.) There's a reason it caught on. All the same, I think other colors would be cool. Diamonds are a bit boring.
And the white wedding gown never existed until Queen Victoria wore one to be easily seen, because she was very short. Brides are pitching fits, making demands, and people are going into debt over “traditions” that aren’t even traditions.
I would choose lab grown diamond rather than Diamond from conflict.
Nothing sparkles like a diamond. I prefer mostly lab grown gemstones because you can get a larger size that is perfect. Also, it is relatively guilt free. Hopefully the industry will begin to grow and cut larger sizes and they will become more affordable. I can’t wait!
It’s a misconception that diamonds are rare, they hold diamonds in factory, and only allow so much out, all diamonds companies came to an agreement to only send out so many.
It pains me that African countries don’t benefit from the natural resources that are on the continent. Africa should be one of the richest places on earth 🤦🏾♀️
Glad to see this vedio and terribly disturbed to know the FACT in dimond market. What really matter to me is the honestly and integrity of each brand they offer. I don't mind lab-grown STONE but the sales should tell or label "the product" with it's origin/source to customer before any transaction.
When you buy a diamond, you get a certificate with the origin of your diamond. All lab diamonds are laser inscribed with their number on the rim.
This can be answered with a simple question: Would you buy a phone that has the exact same specs (or even better) with an iphone and is way cheaper but doesnt have the apple logo on it? It doesnt have anything to do with aesthetics, its all about the "brand" and the price of it. If you buy something expensive people are gonna be way more surprised.
Zales is having a sales on their lab made diamond jewelry with prices dropping from 2k to $50 🎅
For real my sista what!!??? I’m headed to the website now! Good looking out! 🙌🏾💍
Told my fiance not to spend too much on engagement ring. I'd rather use that money for vacation. He got me a 0.8 carat lab diamond. And it's so beautiful, you can't really tell it apart from the natural one. Also lab diamonds are still real diamonds anyway. Such a rip off to buy natural ones for 3x the price, when they are just physically and chemically identical anyway.
and where did he take you for vacation with the money he saved?
Wise decision. And when you look at your ring, you'll remember the great vacation you had.
Unless you can physically see nitrogen you definitely can't tell it apart from the natural one, because, as you say, it is a diamond. Ironically, the lack of Nitrogen is a quality revered in the very finest diamonds...yet is de rigueur for lab grown diamonds.
Also, congratulations 🙂
Haha , i would cancel a vacation for a diamond
Im in love with the voice of the narrator,love it❤
I spent thousands as a teenager on diamond earrings and i don’t regret it, because as an adult I know I will never buy them again, I cant believe how superficial I was
It's easy when you are blinded by it's beauty.
I actually want that Eterneva brand. The one that makes diamonds from your loved one's ashes. If I were to have a memento of a passed loved one, I'd choose to have a jewelry made of them so I can have them with me forever.
I have to say that is one creepy concept
That’s my plan for remains. Not creepy to me