Michael, buy a lab grown diamond and take it to Peter Marco and Yossi Dina and ask them how much they would pay for it, but don't say that it is lab grown. That would be very interesting to watch their opinion on it.
@Tamer Ciftci well that is why i want to hear a professional jewelers opinion. Without being said that diamonds are grown in lab. Would they find any difference between a not natural diamond and a natural.
@Tamer Ciftci definitely agree with you. It seems suspicious when the "lab made" diamond cost 5-10 times less than a regular diamond which is found in earth. I would like to hear Peter Marco or Yossi Dina opinion about it and then make a conclusion about all this thing.
Everybody knows, that whole diamond industry is just big scam :-)) Just a simple way how to shave those filthy rich celebrities or rappers, natural or lab grown - it does no matter...
Spazik86 same with anything luxury really. They charge what they do because the market will pay it. An old master painting if you take in labour and materials is not worth tens of millions, it’s what someone will pay, it’s all smoke and mirrors
I Heard that Peter Marco was always selling lab grown and got them certified as real diamonds illegally and sold them to the public at real diamond prices
I assume that because of the "unfair competition" that this would imply for the billionaire diamond industry, laboratory diamonds are bound to have a brand or signature that makes it obvious that they are laboratory diamonds, otherwise the diamond industry would fall down... ... it is right ?
This is exactly where my mind went and I would have to imagine it could be a genuine concern for a collector (and jeweler). Of course, the novelty of "natural" will have it's allure but when two items are indistinguishable in quality but separated by that drastic of a price point it's absolutely a huge threat to the industry. For that reason I could see some sincere steps by big business to remove them from the market in whatever means they can.
Michael: Why is this lab grown diamond more expensive than this one Alligator in cow print: "it just is...sometimes theres not a reason why...it just is"
My fiancé just bought me a pair of 1ct (each) lab grown diamond earrings yesterday that match my engagement ring and they are STUNNING! I began to prefer the lab created diamonds after he bought me a 1ct pendant which is also stunning. I’m just a regular gal but my jewelry says I’m special 💎
@@adventuresintexas natural diamonds have barely any resell value either. surely not paying for child slave labour is more important then a couple thousand of dollars more in resale
Having a fiancé tagging at least 4ct on you tells us that you are probably not "just a regular gal". Congrats, i think you made a really good social economic decision opting in for lab grown.
Peter Marco - out of business... or much less business?? Is there a Diamond Association.. - these are Fakes... - also... are they as 100% hard and dense as real Carbon.. - since they DONT know... how they are formed - Get a pro CHEMIST over here ;) !! How do You tell Best Wine - from Columbo - With a heavy French Accent... By the.. PRICE :) !!
I would love that hear that they have around 400+ machines running 24 x 7 and can churn out diamonds the size of small potatoes within 2 weeks! Putting that DeBeers diamond cartel out of business will make us smile.
@@_Red_Hand_ lmao no... its easier to make counterfeit money then it is a gia certificate, each one is numbered and can have a copy sent from the authorizer.
Jason Chow go put your energy somewhere more productive instead of using it to say non constructive hate speeches to somebody who didn’t do anything to you
He was weird and the other guys are business men and immigrants from other countries with usually are much stronger negotiators than here due to drive. I think this guy was a little off put by Michael at first. Almost like he thought they were fraudulent or didn’t have money.
I like that Michael isn't opposed to the lab grown diamonds. I've heard of these diamonds a long time ago. It was wonderful seeing a guy like Michael be open to the idea of purchasing them. A lot of snobs still prefer natural diamonds they don't care if it's blood diamonds
A lot of jewelers want what they pay for and people will sell them parcels with a mixture of diamonds at the full price of naturals. That should be the only negative thing a jeweler has towards lab diamonds
Better now is the minds opening gateway to Forever ONEMOISSanite. At an even greater savings. 100k natural Diamond = 20k Lab GROWN = 3k for FORVER ONE Moissanite.
sarah Jacobs when Gia grades a diamond they indicate if the diamond is natural, clarity enhanced, and/or lab grown cvd or Hpht man made diamonds. They are all gorgeous and real diamonds... much love.
i disagree, de beers and all other large mining companies would close all mines, use lab grown and charge the same amount for easily accessible diamonds
there are plenty of things to distinguish between lab grown and natural..... lab grown are very cheap coz they dont have any resale value .. natural diamond always will be ur asset of investment..
@@EmVeeBeen Wait what ?!! , can you explain that to me please ?! What does People dying have to do with Diamonds and what is the Blood Diamond Industry ?!
@@spacewanderer9 Many diamond mines are in africa. Many mines are run by corrupt officials that pay their workers barely anything and abuse their workers. Also, many diamond mine workers are children being forced to pull diamonds out of the earth. Also, in countries in civil war, warlords force people to mine for diamonds, then they sell those diamonds to American and European companies for lots of money, then they use that money to buy guns and tanks to kill people in civil wars. That's what the blood diamond industry is, because blood is spilled to mine earth diamonds
I bought a BEAUTIFUL lab grown diamond to get engaged to my wife and hoooottttt damn! I researched like hell and I gotta say, the ethics of the companies on disclosure, environmental friendliness, cost, and everything else was off the charts better! I kept no secret that the diamond wasn't "Natural" and have not stopped sharing since. The ring is beautiful and for the size and quality, my everyday man salary with reasonable saving that didn't debilitate me at all I was able to save for about 6-8 months and comfortably buy it. No regrets. Lab grown is the ONLY way to go!
@@terrorsquadlith all engagement rings are worthless the moment they leave the jeweller. Its no secret diamonds are inherently worthless and inflated due to the monopoly de beers had. People buy engagement rings for sentimental value not for investment
Lab-grown diamonds have decreased in price considerably since this video was filmed 4 years ago. But because they are mass-produced that is the reason. I would definitely buy a lab diamond
Picturing Yossi Dina on the corner being like "I've been making diamonds in my toilette before diamonds were discovered, are you interested in one? best price in the market!"
Thak you for sharing. My guy bought me a beautiful ring. I don't know if it is natural or lab grown nor do I care.I love him the ring and his generosity.
In many ways it's even more of a change than that of natural/cultured pearls. You can X-Ray a pearl and very easily tell if it's cultured. . A 'natural' diamond and 'lab-grown' diamond are IDENTICAL. . In EVERY way. . Both of them are a pure carbon crystal. . No way to tell how old it is. . Was it formed under the crust of the earth in central Siberia, 26 Million years ago?. . Or grown in a lab in Mumbai last year? Nobody knows.
Now they can mass produce diamonds it will surely lower the value of 'land grown diamonds' since you can't really tell the difference and they use the same clarity scale.
@@youngsmollsmokeysmols488 Point is they are the real thing and are physically indistinguishable. And yes, the diamond industry is crapping itself and trying to get them banned or force them to dye the lab grown diamonds so people can tell them apart.
Diamond is a diamond period. Companies run up the prices and they even used to throw them away cause their not even as rare as other gemstones. I’m sure the stigma of buying lab grown diamonds will lessen and be an afterthought in the future. Besides, I’d want a bigger diamond and know that it didn’t cost a fortune too anyways
You didn't ask the most important questions. What about resale value? Surely there must be some kind of laser marking by law that makes them distinguishable from real diamonds? Otherwise they will get passed off as real diamonds and resold at 5 times the price.
By law, all lab grown stones have laser engraving on the girdle that says “ LAB GROWN “ or “LG” in the serial number. We sell natural and lab grown stones. You can check out the laser marking here www.google.com/search?q=lab+grown+diamond+laser+engraved&tbm=isch&ved=2ahUKEwjxu8yrrJfjAhWOjZ4KHVVPClsQ2-cCegQIABAC&oq=lab+grown+diamond+laser+engraved&gs_l=mobile-gws-wiz-img.3...20849.25635..25947...0.0..0.101.1900.20j1......0....1.........35i39j33i299j0i24j0j0i8i30j30i10.JzLDdGOIkLk&ei=EOMbXfFzjpv6BNWeqdgF&bih=659&biw=1024&prmd=sniv&rlz=1C9BKJA_enUS752US752&hl=en-US#imgrc=HTEgRSvr8oHlHM
Thank you for noticing my point. I was considering in investing right away, I mean the guy said they couldn't tell the difference between Lab Grown and earth grown. Please I need to know this, somebody?
+ they dont say how many they have in their vaults. De Beers could probably ruin the market any given time by releasing the stuff they withhold from market...
ME - But it has a GIA certificate with that! GIRL - So, no one would ever see the difference? ME - No, of course not! GIRL - OMG, I love you, YES, YES!
Great Video! Lab grown diamonds are not just beautiful; they're also an ethical choice. Parallel Vault embraces this shift, providing exquisite lab-grown diamond jewelry for all occasions!
It's cool though cuz in reality diamonds aren't really that good at resale value unless there is super super rare. The only reason they are because of the industry. Gold and Light Platinum will keep its value more than actual diamonds will anyways.
And they are molecularly IDENTICAL to naturally occurring diamonds. People (i.e future wife’s) who’d complain receiving a lab-grown diamond over a naturally occurring diamond would not be worth marrying. Like imagine their logic...”but honey, I want the diamond which formed naturally in some exotic location, probably dug out by a cooperation exploiting the local population and bringing destruction to local wildlife”. I haven’t looked into it much but I do hope this guy isn’t bullshitting by saying you cannot physically or molecularly distinguish between the natural and lab grown diamond.
@@sighfly2928 No I have studied them for a bit of time. They are literally just diamonds. 4 carbon bonds in a lattice structure just like naturally occurring diamonds. The diamond seed ensures the structure is the same throughout the entire lab diamond. The gases simply provide a base for the lattice structure to continue spreading based off the original tiny diamond seed. So, there is literally no single difference apart from the variety of the processes from which the lattice diamond is conceived. Diamonds are fairly abundant and the only reason they are expensive is because of monopolies like De Beers only having access to the diamonds mined. They then sit on those diamonds and set the prices themselves to ensure a stable and increasing market value. Although in order for a monopoly to survive there has to be no chance of leakage. Lab created are that diamond and will cause the natural diamond industry to eventually plummet. Although, the small number of purists will lead to the large and highest grade naturals to spike in price and leave the rest of the market behind. Hope this brings some 'clarity' (ha I am so funny) to the whole situation.
@@mnoovurvi That is correct, there is no elemental or structural difference. Only if you want it to be a diamond from the earth specifically such as a purist might.
Patrick Fay was not 100% honest here. Yes chemically, laboratory grown diamonds are the same as naturally formed diamonds and visually they look identical. It is not true though that the two are indistinguishable (for example fluorescence is not the same). With proper specialized equipment, lab-grown diamonds can be singled out. If you have your diamond GIA certified, they will issue a report stating whether it is laboratory or naturally made. GIA now sells a device that allows you to test lab-grown diamonds. Have a look at this article from the Gemstoone Institute of America (GIA): www.gia.edu/gia-news-research/difference-between-natural-laboratory-grown-diamonds Since the two types of diamonds can be distinguished, there is a big push right now from natural diamond sellers to continue the dialog that natural diamonds are rare, made by nature and giving a natural diamond is the way to go if you truly want to express your love. Lab made diamonds will put some pressure on the price of natural diamonds but it will certainly not wipe them out. Also, since no major new sources of diamonds (mines) have been found in the recent years, there is contrary upward pressure on prices due to increasing scarcity of new supply. So, the chances of the price of natural diamonds dwindling down to almost zero is slim. I would be careful about buying large lab-grown diamonds at this time. There are current a limited number of manufacturers producing high quality gem quality diamonds. But many many others are coming on line very soon. With a flood of new producers, this will cause significant downwards pressure on lab-grown diamonds as they become more and more of a commodity. So, will some of the lab-grown diamonds that currently sell for 30%-50% lower than natural diamonds, eventually sell for 95% less than natural diamonds? Large diamonds have good resale value due to scarcity. What will the resell value be for lab-grown diamonds? Remember that the production cost of lab-grown diamonds is very low. Let's imagine a scenario where the actual manufacturing cost is $1000 for something that they will sell for $50,000. What is the incentive for them to buy back at a later date that diamond from you at a decent price (say $20,000-$25,000) when they can just make another one for $1000. In the long term, the buy back price will be close to manufacturing price, and not perceived market value.
Thank you Michael for this very informative video. As I replied to someone below, the natural diamond industry has a very ugly history of slavery, torture, & death. This includes children in Africa who've had their hands chopped off because they touched a diamond that somone else wanted. Also, that industry damages the environment from digging huge holes in the ground (mines) and the pollution from all the digging equipment to produce those huge holes. For this reason, Lab Created Diamonds are called "Environmentally Friendly Diamonds" and rightly so. Because of the rapid developments in lab created diamonds, other applications are opening up, such as diamond computer chips which are far far far superior in performance to any silicon computer chips made today. This is partly because diamond conducts heat extremely well, therefore taking heat away from microcircuits printed on the chips. Therefore the diamond computer chips don't heat up as quickly as silicon chips. Heat causes chips to "crash" (malfunction). Also, electric rechargeable batteries made from diamond can potentially hold far more electric charge than the best lithium ion batteries made today by Tesla (whom I love by the way). Microscopes using lab created diamond lenses will allow researchers to see things never before seen in areas of biology and other sciences. This is because diamond lenses bend light in different ways compared to conventional lenses. Could this lead to a cure for cancer and other diseases? I say yes. How about large windows made from diamond? Good for storm resistance in areas prone to hurricanes, tornados etc. The natural diamond industry is going the way of the dinosaur ... good riddance to it and all the greedy, evil, monsters who run it! May they all rot in Hell! Sorry, but I keep thinking about a picture that I saw of a little girl in Africa with no hand as it had been chopped off. I will never again buy a natural diamond...ever!
Its a very nice piece, you cant get this anywhere, one of a kind, good piece, look give me it here i dont wanna sell this to you, i got this this piece here look one of a kind, special piece
When you do this with plants it’s called propagating! What they are doing is the same thing! So amazing! Coming from a person who propagates their own plants, I find this so exciting!
Had no idea the difference between a lab and natural grown diamond. My aunt has worked in the fine jewelry industry for 33 years and never mentioned this. I've never purchased a diamond, but have received many gifts and had no knowledge. Just started watching your videos, love them! And I learned some very valuable information. Thank you Michael💍♥♥
The process used is to cut a diamond seed and polish it then heat it on tantalum iridium or platinum plate with a microwave methane neon plasma. Add a little borane to make blue ones or phosphene to make red ones. You can see the difference using a polariscope due to the microstirations and use an XRF to identify trace minerals. To grow a 5 carat one takes about 3 weeks , and the plate can grow about a dozen at a time. I used to operate one of those CVD machines but the diamonds were for specialty optoelectronic stuff. 😁❤
Thanks for dropping this knowledge. I've been saving for awhile and now there's this option. Plus for some women this is great cause there is no blood shed over these.
I have heard of these; they are used in some electronic and other equipment that requires diamonds to function so manufacturers use lab grown instead of real formed diamonds to save on costs. I also asked my friend in the diamond industry why would I buy a real earth formed diamond over a lab grown one and he couldn't give me satisfactory answer as I pointed out this is a threat to the diamond mining industry, as these are basically the same thing for a quarter of the price.
Only answer I could come up with is: Natural diamonds take longer time to grow and you are essencially buying part of earth's history too, but if you want the bling, lab's one are way more attractive
Not gonna happen. Synthetic diamonds are not a new thing. They have been around for decades. If they were going to disrupt the diamond industry they would have already done so long ago. Most people just don't want a synthetic diamond, even though it's technically the same thing. Natural diamonds are always going to be more valuable due to their rarity and the fact that the market is tightly controlled by a few companies.
@@masskilla469 Nope, synthetic diamond = lab grown diamond. It's the same thing. Taken from wikipedia: "A synthetic diamond (also known as a laboratory-grown diamond, a cultured diamond, or a cultivated diamond) is a diamond produced by a controlled process, as contrasted with a natural diamond created by geological processes or an imitation diamond made of non-diamond material that appears similar to a diamond."
I know, what are all these people talking about, they've been known to the industry forever and they change nothing except in the first couple of years they were discovered XD
Michael, buy a lab grown diamond and take it to Peter Marco and Yossi Dina and ask them how much they would pay for it, but don't say that it is lab grown. That would be very interesting to watch their opinion on it.
Yes, very good idea
Adam, please pass this idea onto Michael
@Tamer Ciftci well that is why i want to hear a professional jewelers opinion. Without being said that diamonds are grown in lab. Would they find any difference between a not natural diamond and a natural.
Ahhhhhhhhhhhhhhhh that’s what they’ve been doing to Michael 🤕
@Tamer Ciftci definitely agree with you. It seems suspicious when the "lab made" diamond cost 5-10 times less than a regular diamond which is found in earth. I would like to hear Peter Marco or Yossi Dina opinion about it and then make a conclusion about all this thing.
Yossi Dina is already selling the lab grown diamonds for natural prices
😂
Everybody knows, that whole diamond industry is just big scam :-)) Just a simple way how to shave those filthy rich celebrities or rappers, natural or lab grown - it does no matter...
Spazik86 same with anything luxury really. They charge what they do because the market will pay it. An old master painting if you take in labour and materials is not worth tens of millions, it’s what someone will pay, it’s all smoke and mirrors
Timepiece Enthusiasm 😂😂😂😂😂😂
But you cannot get it. You don't want to buy this. But I sell you this for $2000. You cannot get it. Seriously.
I’d be great to hear Peter Marco’s opinion on this!!
7 B. in diamonds, that' s more than Peter Marco has in his boutique :)
He's probably using them lol..
Peter will be upset.. I guess)))))
I'm sure Peter at least has a bunch of them in his inventory.
I think they made a video before mentioning it ima go look and see if i can link it
all the rappers are going to love this
And their gfs 🤣
Better than slave diamonds honestly 😂
I think we need a video where peter Marco expresses his feelings of lab diamonds
I Heard that Peter Marco was always selling lab grown and got them certified as real diamonds illegally and sold them to the public at real diamond prices
This would be very interesting
shav legit I wouldn’t doubt it.
I assume that because of the "unfair competition" that this would imply for the billionaire diamond industry, laboratory diamonds are bound to have a brand or signature that makes it obvious that they are laboratory diamonds, otherwise the diamond industry would fall down... ... it is right ?
@@shavlegit7087 where did you hear that , bitch
That moment when you can see Michael reconsidering a few of his vault investments
This is exactly where my mind went and I would have to imagine it could be a genuine concern for a collector (and jeweler). Of course, the novelty of "natural" will have it's allure but when two items are indistinguishable in quality but separated by that drastic of a price point it's absolutely a huge threat to the industry. For that reason I could see some sincere steps by big business to remove them from the market in whatever means they can.
Dermot Convery 😭😭😭😭😭😭😭😭😂😂😂😂🤔🤔🤔🤔🤔😵💀
@@V0KAN If they are detected as "real" by tests, that's kind of a problem, yes?
Ryan Chase I mean it’s checkmate at that point
Diamonds are only valuable in people's minds.
Michael: Why is this lab grown diamond more expensive than this one
Alligator in cow print: "it just is...sometimes theres not a reason why...it just is"
Buy lab grown - sell as natural
as long as it valuable in people's minds you can sell it
100%
Lebogang Campbell It is the hardest material on earth, and is extremely rare, of course it’s valuable it is useful but rare
Michael: Are these diamonds?
Patrick: These are diamonds...
Michael: diamonds?
Patrick: diamonds...
Michael: diamonds?
Patrick: diamonds!
(×75)
I can hear Peter Marco screaming "That's BULLSHIT"
@@leono7380 can you imagine?
@@leono7380 lol for real
@@leono7380 I would do it lol
@@GrisuXIII read the top comments commentary, you can't fake a GIA certificate and they state whether they're lab grown or earth grown
@@leono7380 nope, hes selling natural ones for the price of lab grown
Diamond guy: This is a diamond.
Michael: *So this is 100% a diamond?*
They should have the diamond making machine underground so they can still say it was "formed within the earth"!
It is
Better yet, name your lab “Earth” or “Natural”.
GREAT
Lmao
That’s actually a great idea
My fiancé just bought me a pair of 1ct (each) lab grown diamond earrings yesterday that match my engagement ring and they are STUNNING! I began to prefer the lab created diamonds after he bought me a 1ct pendant which is also stunning. I’m just a regular gal but my jewelry says I’m special 💎
Molly Tuberose I will find Mathew
@@adventuresintexas natural diamonds have barely any resell value either. surely not paying for child slave labour is more important then a couple thousand of dollars more in resale
Having a fiancé tagging at least 4ct on you tells us that you are probably not "just a regular gal". Congrats, i think you made a really good social economic decision opting in for lab grown.
Your character says you aren't special at all.
@@raffie_exe how do you know the "starter" diamond was not mined with "slave labor"?
Now lets hear Peter Marcos opinion on this topic.
@Tamer Ciftci sissy
Peter Marco : 3 million
This guy : 3 thousand
Peter Marco - out of business... or much less business?? Is there a Diamond Association.. - these are Fakes... - also... are they as 100% hard and dense as real Carbon.. - since they DONT know... how they are formed - Get a pro CHEMIST over here ;) !! How do You tell Best Wine - from Columbo - With a heavy French Accent... By the.. PRICE :) !!
lol
I can just hear Yosi: “I don’t want to sell these to you.”
"You cannot get this"
😂🤣😂🤣
"I only carry the best. You cannot get."
lol god damnit guys now i have it stuck in my head
@Hennessy Lmfao😂
I would love that hear that they have around 400+ machines running 24 x 7 and can churn out diamonds the size of small potatoes within 2 weeks! Putting that DeBeers diamond cartel out of business will make us smile.
I bet 90% of Jeweler’s selling the lab ones for the price of natural diamonds
Darius and why would you do that if you sold a $20,000 lab diamond for over a million to some rich stupid oil field owner
GIA certificate must say if natural or lab produced.
@@ojosazules8828 thank you rob.
But you can fake that easy...
@@_Red_Hand_ lmao no... its easier to make counterfeit money then it is a gia certificate, each one is numbered and can have a copy sent from the authorizer.
@Louis Jewelry c
Good day people
Just arrived at my office, gonna make myself a coffee and watch michael before I start my day at work. Priorities.
Agent Dale Cooper snap
Jason Chow says the dude who thought anyone give a fuck about his opinion?
Jason Chow go put your energy somewhere more productive instead of using it to say non constructive hate speeches to somebody who didn’t do anything to you
u off work yet
CEREALKILL3R _ rumour has it, he got fired
Compared to Michael's other diamond people this guy seems very normal.
He's the most normal and he's wearing a leopard pattern blazer selling diamonds grown in a lab, that's saying something isn't it.
He was weird and the other guys are business men and immigrants from other countries with usually are much stronger negotiators than here due to drive. I think this guy was a little off put by Michael at first. Almost like he thought they were fraudulent or didn’t have money.
That's eye opening. I would totally buy a lab grown diamond now! Absolutely incredible.
I like that Michael isn't opposed to the lab grown diamonds. I've heard of these diamonds a long time ago. It was wonderful seeing a guy like Michael be open to the idea of purchasing them. A lot of snobs still prefer natural diamonds they don't care if it's blood diamonds
I asked for extra blood when I bought mine and they didn't laugh smh
A lot of jewelers want what they pay for and people will sell them parcels with a mixture of diamonds at the full price of naturals. That should be the only negative thing a jeweler has towards lab diamonds
Natural is better cause they take billions of years to form and have to be found, these are just rocks made in labs and sold for an insane profit
@@DirtFather407 Natural diamonds are also just rocks fyi, the diamond market is artificially scarce. On top of that they might be unethically sourced
Better now is the minds opening gateway to Forever ONEMOISSanite. At an even greater savings. 100k natural Diamond = 20k Lab GROWN = 3k for FORVER ONE Moissanite.
I think peter Marco has been selling these lab grown diamonds 😂😂😂
for shoooooooooooo
Hahaha in that case hè Made alot of money if hè can just sell m for 4times the price hè bought them at 😂😅
100% for sure because his only proof its GIA which lab diamonds are also GIA
sarah Jacobs when Gia grades a diamond they indicate if the diamond is natural, clarity enhanced, and/or lab grown cvd or Hpht man made diamonds. They are all gorgeous and real diamonds... much love.
That guys leopard Saint Laurent blazer is AMAZING
A Littlefin Are you gay?
@@Mandology575 Does that matter?
@@jerrybillings3039 yes
@@CerealKiller669 For....what reason?
This is absolutely insane. First time I’m hearing this.
if they are truly indistinguishable, then the diamond industry is screwed .
i disagree, de beers and all other large mining companies would close all mines, use lab grown and charge the same amount for easily accessible diamonds
Jake he’s right. You don’t see anybody investing in diamonds
true
there are plenty of things to distinguish between lab grown and natural..... lab grown are very cheap coz they dont have any resale value .. natural diamond always will be ur asset of investment..
If this guy starts earning multi millions, he's inline to be killed by natural diamond miners
I wonder how many of this LAB GROWN ....
Diamonds 💎 are sold to RAPPERS !!!!!
As real Diamonds
True :)
lol
These clowns rip rappers off
What the hell I was just thinking the same thing
None because you can test to know if its lab grown or natural
This will save lives and the environment. Love it thank you!
i'd buy a lab grown diamond in a heartbeat.
this way i'm not supporting the GOD DAMN Blood-Diamond industry.
Don't forget to mention child slavery/kids trying to help their dad work.
Yesss, whenever I see a 10+ carat diamond, I would just be thinking "I wonder how many people got exploited/died to get that stone."
@@EmVeeBeen Wait what ?!! , can you explain that to me please ?! What does People dying have to do with Diamonds and what is the Blood Diamond Industry ?!
@@spacewanderer9 Many diamond mines are in africa. Many mines are run by corrupt officials that pay their workers barely anything and abuse their workers. Also, many diamond mine workers are children being forced to pull diamonds out of the earth. Also, in countries in civil war, warlords force people to mine for diamonds, then they sell those diamonds to American and European companies for lots of money, then they use that money to buy guns and tanks to kill people in civil wars.
That's what the blood diamond industry is, because blood is spilled to mine earth diamonds
@@spacewanderer9 History
I bought a BEAUTIFUL lab grown diamond to get engaged to my wife and hoooottttt damn! I researched like hell and I gotta say, the ethics of the companies on disclosure, environmental friendliness, cost, and everything else was off the charts better! I kept no secret that the diamond wasn't "Natural" and have not stopped sharing since. The ring is beautiful and for the size and quality, my everyday man salary with reasonable saving that didn't debilitate me at all I was able to save for about 6-8 months and comfortably buy it. No regrets. Lab grown is the ONLY way to go!
Christopher Seifert Hi, do you mind if I ask if you brought from the guy in the video? Thanks
your lab grown diamond will soon be worthless :))
@@terrorsquadlith No it won't lol.
@@ThePeacePlant of course it will. Read up on it ffs, it's common knowledge by now. Just a matter of time
@@terrorsquadlith all engagement rings are worthless the moment they leave the jeweller. Its no secret diamonds are inherently worthless and inflated due to the monopoly de beers had. People buy engagement rings for sentimental value not for investment
"we're in it to .... save money" epic response haha
Lab-grown diamonds have decreased in price considerably since this video was filmed 4 years ago. But because they are mass-produced that is the reason. I would definitely buy a lab diamond
M: Will you marry me?
W: Is this natural?
Its not natural? The wedding is off!
M to W: Are you?
you mean 'is this force-laboured?'
hahaha yes
@@alexandercummins Gottem
Picturing Yossi Dina on the corner being like "I've been making diamonds in my toilette before diamonds were discovered, are you interested in one? best price in the market!"
michael - how long does it take for a diamond to grow?
this guy - the big ones 1 month, the smaller ones only 4 weeks.
Katerina Patiniotis calm down babes. Its a joke
Hahahhah
He corrected himself and said 1, no maybe 2 months, for the big ones. Maybe 3 to 4 weeks for the small ones.
Theodoros Kalopedis I know that you can grow a diamond in a day, but it is possible to grow one in 24 hours.
@@theodoroskalopedis just hold this L. or facepalm - your choice.
The gentleman that selling the diamonds comes across as a real nice guy.
Lab diamonds are the way to go; same brilliance, better cuts, cheaper price
Djerelle Williams yeah they just don’t have enough clarity
@@skrtskrt7159 They literally have better clarity... What are you talking about?
Thomas Kent put a iPhone light up to some of them.
@@skrtskrt7159 Most diamonds you see will be under bright lights
Djerelle Williams I know jewelry store lighting I own gold and silver I was saying lab diamonds look almost clear under high lighting
Michael , helping spread positivity & information. Keep putting out this great content.
Peter Marco: You cannot fake the awesomeness of real diamonds.
Patrick: Hold My De'Beer
Babayega X they’re real diamonds though
Thak you for sharing. My guy bought me a beautiful ring. I don't know if it is natural or lab grown nor do I care.I love him the ring and his generosity.
I actually worked at a company that produces Lab made Diamonds. The vendor did a good job explaining the growing set up.
What's the actual cost of a lab grown diamond? Feels like it can't be more than $300.
@@awesometaiwan6514 it is actually worthless. Thats Why real Diamonds still sell more
@@awesometaiwan6514They are very cheap and their price are still dropping. Exact price depends on size and grading.
For the diamond industry this going to do what cultured pearls did to the natural pearls market, burst it's bubble!
True lab grown will be superior
Digital to Kodak.
How can I short diamonds?
Yes good luck with finding a natural pealr to buy..
In many ways it's even more of a change than that of natural/cultured pearls.
You can X-Ray a pearl and very easily tell if it's cultured. .
A 'natural' diamond and 'lab-grown' diamond are IDENTICAL. . In EVERY way. .
Both of them are a pure carbon crystal. .
No way to tell how old it is. . Was it formed under the crust of the earth in central Siberia, 26 Million years ago?. . Or grown in a lab in Mumbai last year?
Nobody knows.
@@richardrejmer8721 despite what this guy says, the nitrogen levels in the lab frowns give them away.
Michael pooping his pants thinking of all his diamond investments lol
i was thinking the same lol
This is good for him. In 10 years the real diamond price will be up the roof.
@@yycyyc3755 Quite the opposite, it'll sink below sea level lmao
moe saeedi did you even watch the video? This is a real diamond
No one can tell the difference, so the real ones are worth exactly the same as this lab shite now lol
Michaels videos are so entertaining, always brings a smile to my face no matter how tough my day was... Thankyou Michael!
Now they can mass produce diamonds it will surely lower the value of 'land grown diamonds' since you can't really tell the difference and they use the same clarity scale.
Incorrect, people want the real thing and will pay more
@@youngsmollsmokeysmols488 Point is they are the real thing and are physically indistinguishable. And yes, the diamond industry is crapping itself and trying to get them banned or force them to dye the lab grown diamonds so people can tell them apart.
Actually these Lab grown Diamonds are so hard to make that they are in most cases more Expensive
@@youngsmollsmokeysmols488 how do you define a real diamond
@@B52StratoBomber goes against everything the jeweller said in the video.
Oh my gosh! Michael, this is BY FAR the BEST video on this subject EVER! GREAT JOB!
Please make a video where you get Peter Marco's thoughts on Lab Grown Diamonds
I too would like to see that..
Me to
Yes
I just bought a lab-grown 2.5 ct oval with a diamond band for just under $10,000 and it's stunning. My dream ring.
He reminds me of Austin powers 😂😂
Josh Bellis yeah baby yeah 😂
mix between Austin Power and Goldmember
I thought Donald Trump crossed with Paul McCartney.
His accent isn't similar though. Mike Myers impersonated the musical style voice.
Mike myres in bohemian Rhapsody
5:10 he wanted to say , They are "st...upid" but stopped mid way lmao
"Stu... um, oh', um... pendous! Yeah! That;s it. Ahhhhhhhh........! OMG!
XD omg that is so true
Michael probably went home and sold his investment pieces before uploading this and tanking the market 😂
Paul Axel that’s all I could think of when he kept on saying the prices lol
I definitely love that guy, explaining him how it’s a real diamond and Michael cannot believe it
This is becoming my favorite channel on TH-cam!
Imagine peter marco walking in saying hey patrick you got my diamonds?
LOL
Yooooo 😂😂😂😂😂
Hell yes thank you Michael!
I legit had a feeling all day that you & Adam were going to post a video
Blood diamonds !! Lab grown seems the best !
THIS IS CRAZY.. The same thing when computer become so cheap that everyone can have it, this will change the diamond's world industry
Wow perfect timing . I been wanting to propose to my girl and this just motivated me and got me super excited :)
Anthony Gonzales don’t do it bitch
R.I.P pretty sure she's gonna say no if she found out about the LAB diamond she got on her finger.
Diamond is a diamond period. Companies run up the prices and they even used to throw them away cause their not even as rare as other gemstones. I’m sure the stigma of buying lab grown diamonds will lessen and be an afterthought in the future. Besides, I’d want a bigger diamond and know that it didn’t cost a fortune too anyways
@@haroldgomez6895 I think diamonds aren't even worth the money , I believe gold is the best way to go, that's why I purchase gold jewelry only.
Peter Marco: this diamond necklace is all perfectly identical diamonds, good luck finding that
This guy: hold my beer
Aaron TV Peter Marco is a finesseeeeeee
Best comment hahahahahah
DeBeer*
How my lab
De beer
I love Michael's channel it's like a modern version of Lifestyles of the Rich and Famous
Earth grown diamonds just depreciated faster than a brand new Range Rover being driven off the lot.
Nobody:
Yossi: all natural diamonds I sell for 500 hundred
You didn't ask the most important questions. What about resale value? Surely there must be some kind of laser marking by law that makes them distinguishable from real diamonds? Otherwise they will get passed off as real diamonds and resold at 5 times the price.
A diamond without papers is worth shit
It is a real diamond!
By law, all lab grown stones have laser engraving on the girdle that says “ LAB GROWN “ or “LG” in the serial number. We sell natural and lab grown stones. You can check out the laser marking here
www.google.com/search?q=lab+grown+diamond+laser+engraved&tbm=isch&ved=2ahUKEwjxu8yrrJfjAhWOjZ4KHVVPClsQ2-cCegQIABAC&oq=lab+grown+diamond+laser+engraved&gs_l=mobile-gws-wiz-img.3...20849.25635..25947...0.0..0.101.1900.20j1......0....1.........35i39j33i299j0i24j0j0i8i30j30i10.JzLDdGOIkLk&ei=EOMbXfFzjpv6BNWeqdgF&bih=659&biw=1024&prmd=sniv&rlz=1C9BKJA_enUS752US752&hl=en-US#imgrc=HTEgRSvr8oHlHM
@@billjohnson69 they didn't mention that in the video. The guy said it would be indistinguishable from earth grown
Thank you for noticing my point. I was considering in investing right away, I mean the guy said they couldn't tell the difference between Lab Grown and earth grown. Please I need to know this, somebody?
Conversations between them makes me smile for no reason
Diamond prices are artificial , notice how abundant diamonds are ? Only like 3 companies in the world mine diamonds and control the price.
+ they dont say how many they have in their vaults. De Beers could probably ruin the market any given time by releasing the stuff they withhold from market...
You know that 1/10 of the price of a diamond is still expensive right?
Makendu yes ,diamonds are very plentiful .Diamond company’s are a cartel .
Yes, and they create artificial scarcity. An organized criminal regime.
Yes Sir, you are right. Diamonds in general are way overpriced.
ME - Will you marry me?
GIRL - Is this a lab grown?
Me - Yes!?
GIRL- GTFOH!!!
Thing is, if you dont say its lab grown, they will never ever know. Its 100% the same as a natural diamond.
ME - But it has a GIA certificate with that!
GIRL - So, no one would ever see the difference?
ME - No, of course not!
GIRL - OMG, I love you, YES, YES!
🤣👍
@@Lex-Rex Me: Have a Snickers.
You market it as a 100% ethical diamond. People love that. :)
Yosi Dina is watching this video while preparing his bankruptcy papers.
lmao
Yosi's whole vault is probably filled with these, he is making a killing.
lol
Haha yossi is the TRUTH though..been in the game 1000yrs. Its nothing new.
He probably has a diamond making lab out the back of the shop!
Great Video! Lab grown diamonds are not just beautiful; they're also an ethical choice. Parallel Vault embraces this shift, providing exquisite lab-grown diamond jewelry for all occasions!
1/10th of the price of a real diamond... I bet you people are selling them as if they were real!
That's crazy
It's cool though cuz in reality diamonds aren't really that good at resale value unless there is super super rare. The only reason they are because of the industry. Gold and Light Platinum will keep its value more than actual diamonds will anyways.
Adrian Lamann Maybe you misunderstand, they are real
“As if they were real”. They are.
Everybody knows diamonds are scam, they expensive only because it is monopoly market. Resale value is shit.
This is astonishing, thank you for sharing this information Michael!
from 3 million dollars to 15,000. That’s insane!!!
And they are molecularly IDENTICAL to naturally occurring diamonds.
People (i.e future wife’s) who’d complain receiving a lab-grown diamond over a naturally occurring diamond would not be worth marrying. Like imagine their logic...”but honey, I want the diamond which formed naturally in some exotic location, probably dug out by a cooperation exploiting the local population and bringing destruction to local wildlife”.
I haven’t looked into it much but I do hope this guy isn’t bullshitting by saying you cannot physically or molecularly distinguish between the natural and lab grown diamond.
@@sighfly2928 No I have studied them for a bit of time. They are literally just diamonds. 4 carbon bonds in a lattice structure just like naturally occurring diamonds. The diamond seed ensures the structure is the same throughout the entire lab diamond. The gases simply provide a base for the lattice structure to continue spreading based off the original tiny diamond seed. So, there is literally no single difference apart from the variety of the processes from which the lattice diamond is conceived. Diamonds are fairly abundant and the only reason they are expensive is because of monopolies like De Beers only having access to the diamonds mined. They then sit on those diamonds and set the prices themselves to ensure a stable and increasing market value. Although in order for a monopoly to survive there has to be no chance of leakage. Lab created are that diamond and will cause the natural diamond industry to eventually plummet. Although, the small number of purists will lead to the large and highest grade naturals to spike in price and leave the rest of the market behind. Hope this brings some 'clarity' (ha I am so funny) to the whole situation.
@@bambamson238 So there is no point of buying natural diamond unless you are a someone that wants it from earth specifically ?
@@mnoovurvi That is correct, there is no elemental or structural difference. Only if you want it to be a diamond from the earth specifically such as a purist might.
this video actually lowered prices of all his diamonds...
are they lab grown too?
@@911madza probably not, maybe yes, he has no way to find out tbh....
@@martinkulik9466 in fact you can never be sure unless you dig it up from the dirt yourself
Patrick Fay was not 100% honest here. Yes chemically, laboratory grown diamonds are the same as naturally formed diamonds and visually they look identical. It is not true though that the two are indistinguishable (for example fluorescence is not the same). With proper specialized equipment, lab-grown diamonds can be singled out. If you have your diamond GIA certified, they will issue a report stating whether it is laboratory or naturally made. GIA now sells a device that allows you to test lab-grown diamonds. Have a look at this article from the Gemstoone Institute of America (GIA): www.gia.edu/gia-news-research/difference-between-natural-laboratory-grown-diamonds
Since the two types of diamonds can be distinguished, there is a big push right now from natural diamond sellers to continue the dialog that natural diamonds are rare, made by nature and giving a natural diamond is the way to go if you truly want to express your love. Lab made diamonds will put some pressure on the price of natural diamonds but it will certainly not wipe them out. Also, since no major new sources of diamonds (mines) have been found in the recent years, there is contrary upward pressure on prices due to increasing scarcity of new supply. So, the chances of the price of natural diamonds dwindling down to almost zero is slim.
I would be careful about buying large lab-grown diamonds at this time. There are current a limited number of manufacturers producing high quality gem quality diamonds. But many many others are coming on line very soon. With a flood of new producers, this will cause significant downwards pressure on lab-grown diamonds as they become more and more of a commodity. So, will some of the lab-grown diamonds that currently sell for 30%-50% lower than natural diamonds, eventually sell for 95% less than natural diamonds?
Large diamonds have good resale value due to scarcity. What will the resell value be for lab-grown diamonds? Remember that the production cost of lab-grown diamonds is very low. Let's imagine a scenario where the actual manufacturing cost is $1000 for something that they will sell for $50,000. What is the incentive for them to buy back at a later date that diamond from you at a decent price (say $20,000-$25,000) when they can just make another one for $1000. In the long term, the buy back price will be close to manufacturing price, and not perceived market value.
Lab grown diamonds are absolutely beautiful
Thank you Michael for this very informative video. As I replied to someone below, the natural diamond industry has a very ugly history of slavery, torture, & death. This includes children in Africa who've had their hands chopped off because they touched a diamond that somone else wanted. Also, that industry damages the environment from digging huge holes in the ground (mines) and the pollution from all the digging equipment to produce those huge holes. For this reason, Lab Created Diamonds are called "Environmentally Friendly Diamonds" and rightly so. Because of the rapid developments in lab created diamonds, other applications are opening up, such as diamond computer chips which are far far far superior in performance to any silicon computer chips made today. This is partly because diamond conducts heat extremely well, therefore taking heat away from microcircuits printed on the chips. Therefore the diamond computer chips don't heat up as quickly as silicon chips. Heat causes chips to "crash" (malfunction). Also, electric rechargeable batteries made from diamond can potentially hold far more electric charge than the best lithium ion batteries made today by Tesla (whom I love by the way). Microscopes using lab created diamond lenses will allow researchers to see things never before seen in areas of biology and other sciences. This is because diamond lenses bend light in different ways compared to conventional lenses. Could this lead to a cure for cancer and other diseases? I say yes. How about large windows made from diamond? Good for storm resistance in areas prone to hurricanes, tornados etc. The natural diamond industry is going the way of the dinosaur ... good riddance to it and all the greedy, evil, monsters who run it! May they all rot in Hell! Sorry, but I keep thinking about a picture that I saw of a little girl in Africa with no hand as it had been chopped off. I will never again buy a natural diamond...ever!
Nobody:
Yossi Dina: They selling fake diamonds. Come see what i got for you my friend.
😂🤣🤣
😂😂
Its a very nice piece, you cant get this anywhere, one of a kind, good piece, look give me it here i dont wanna sell this to you, i got this this piece here look one of a kind, special piece
🤣🤣🤣🤣
catalanluke so true 😂😂😂
When you do this with plants it’s called propagating! What they are doing is the same thing! So amazing! Coming from a person who propagates their own plants, I find this so exciting!
Had no idea the difference between a lab and natural grown diamond. My aunt has worked in the fine jewelry industry for 33 years and never mentioned this. I've never purchased a diamond, but have received many gifts and had no knowledge. Just started watching your videos, love them! And I learned some very valuable information. Thank you Michael💍♥♥
Go for the deep BLUE!!!
Blue Blue Blue would look the Best on YOU!
That's how I roll, and I stand by my choice for the in venerable Michael....
Peace
I wonder how many "lab" diamonds are going around priced the same as a "natural" diamond....Crazy price saving...Clean looking watch
That's probably hella illegal though
Son of Everything DC & Marvel don’t people already do hella illegal stuff tho
hands down best video on your channel.... and ive watched them all :)
Saving this video for when I meet that special girl 😏 Thanks for coming in clutch years ago for me today! The beauty of Internet 🤝
The best thing in my opinion is that lab grown diamonds create a lot less pollution than mined diamonds
FACTS, and A LOT LESS PEOPLE BEING KILLED AND ENERGY BEING USED AND POLLUTING OUR PLANET AND SO ON
Louka Seitz boi
Try selling or pawning a lab grown diamond, there’s no real value.
@@decks8927 the value is there. what people wanna buy it for. it will change within a few years.
I would love to see what Michaels jewler friends think of these. Please do it
Michael is going to propose to his cameraman. congrats!
Fantastic!!diamonts are for everyone now, super
How the HECK has Michael never heard of diamonds made in labs??!!! WTFFFF
Because his jewelers would lose business if they told him lol
Absolutely. How can he have not heard of them??
It's a fairly new market that has a lot of lash back from the diamond industry trying to ruin them. It can't and won't happen, but they sure did try.
@@Namron9797
WTFFFF makes no sense at all!!
There are people in other countries in the middle of nowhere that already knew about this years ago!!
Explain why he thinks they are actually worth something. It's a complete scam
Peter Marco will not be amused 😂
I think this guy is your new best friend😁
I love my lab grown diamond! So brilliant and no blood shed! 💎💎💎
The process used is to cut a diamond seed and polish it then heat it on tantalum iridium or platinum plate with a microwave methane neon plasma. Add a little borane to make blue ones or phosphene to make red ones. You can see the difference using a polariscope due to the microstirations and use an XRF to identify trace minerals. To grow a 5 carat one takes about 3 weeks , and the plate can grow about a dozen at a time. I used to operate one of those CVD machines but the diamonds were for specialty optoelectronic stuff. 😁❤
Did anyone notice how he always kept agreeing with Michael, saying yes to everything and not correcting any of his prices
Thanks for dropping this knowledge. I've been saving for awhile and now there's this option. Plus for some women this is great cause there is no blood shed over these.
7:17 this is unreal. This is literally Austin Powers!
Blue is beautiful. Great information about these diamonds and stones absolutely amazing
Michael is giving some serious consumer advice.... if you have natural stones sell them now before the price drops dramatically
You are an incredible person Michael. May God bless you with a longer life. You are an inspiration to me ....
@@oslatron do you write a whole Essay if you like someone vlog and feel that inspiration behind you?
I knew that there was a thing like lab grown diamonds.
But was totally unaware of the price difference between the lab grown and the natural ones.
There are also Moissanites which are very similar to a lab grown diamond.
ASTROWORLD I’ve see moissanite and it is very fake looking ,it’s too sparkly .Thats just my opinion ,I’m no expert.😂💍👍🇬🇧
ASTROWORLD moissanite is silicon and carbon. Physically similar but in chemistry, worlds apart
Wow!
They are beautiful 💎
Thank you Patrick and Michael for such an informative video 💕
I have heard of these; they are used in some electronic and other equipment that requires diamonds to function so manufacturers use lab grown instead of real formed diamonds to save on costs.
I also asked my friend in the diamond industry why would I buy a real earth formed diamond over a lab grown one and he couldn't give me satisfactory answer as I pointed out this is a threat to the diamond mining industry, as these are basically the same thing for a quarter of the price.
resale value. All lab grown have numbers lasered on them. cost 1/4 the price of real diamonds but are Pretty much worthless if you go to sell
Only answer I could come up with is: Natural diamonds take longer time to grow and you are essencially buying part of earth's history too, but if you want the bling, lab's one are way more attractive
because they are not real diamonds
@@gregking8350 How are they not real diamonds?
Greg King carbon is carbon...it just didn’t take a million years to do it
Michael
better sell off his investment Diamonds before they go down in price!!
Not gonna happen. Synthetic diamonds are not a new thing. They have been around for decades. If they were going to disrupt the diamond industry they would have already done so long ago. Most people just don't want a synthetic diamond, even though it's technically the same thing. Natural diamonds are always going to be more valuable due to their rarity and the fact that the market is tightly controlled by a few companies.
@@tibor29 Synthetic diamonds are different than Lab Grown Diamonds. Lab Grown Diamonds are Diamonds not Synthetic BIG DIFFERENCE!!
@@tibor29 yeah synteich is like CZ. these are not. these are just like the real thing. its made just like a real one they just do it in a lab.
@@masskilla469 Nope, synthetic diamond = lab grown diamond. It's the same thing. Taken from wikipedia: "A synthetic diamond (also known as a laboratory-grown diamond, a cultured diamond, or a cultivated diamond) is a diamond produced by a controlled process, as contrasted with a natural diamond created by geological processes or an imitation diamond made of non-diamond material that appears similar to a diamond."
@@tibor29 but this is Made of diamond material!
This technology been around for decades I knew about 20 years ago
I know, what are all these people talking about, they've been known to the industry forever and they change nothing except in the first couple of years they were discovered XD
Beautiful diamonds. Thanks for the introduction Michael. Guess I found where I'm buying my gf's engagement ring from.
These are marvellous sir