Lab-Grown Diamonds At A 30% Discount
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- Опубліковано 4 чер 2018
- We took a lab-grown diamond ring to New York's diamond district and even jewelers couldn't tell the difference. But is lab-grown the way to go?
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Lab-Grown Diamonds At A 30% Discount | CNBC Make It.
Lab grow diamond is real diamond, not fake. And more environmentally friendly than mines diamond.
proof?
Real what!? Their only value is that they emulate naturally formed stones.
@@ludotema3615 It's real in a chemical term. Diamond is nothing more than a piece of carbon material superheated and compressed into what it is. The only difference is the lab-grown diamond can be mass-produced and be sold at a cheaper price while the natural diamond has purposely lowered the supply just to make it look rare no thanks to Debeer's monopoly.
@@iblogger3730 >Same allotrope
>Same cleavage
>Same fracture
>Electronegative to same inclusions
>Same refractive index
>Same physical properties
>Both adamantine
>One is made quicker than other
Sorry omg I almost *scammed* you, I'll be sure not to do such a thing ever again
Ludo Tema Lab grown diamonds are chemically and physically identical to mined diamonds. The only difference is one took millions of years to form, the other took months. Other than that, they’re identical that had he not said it was lab grown, jewelers cannot tell the difference because there is not differences.
Gemologist: "Its so clear, what a beautiful piece, I'll buy this from you for $3,000 right now. Please, sell it to me!"
CNBC: "Its lab grown."
Gemologist: "That's aweful, it's worthless, if you bring that around me I'll call the cops!"
Exactly its a scam business the diamond market. Besides what can the cops do? it is a real diamond!
Shows how honest jewelers are when they are on the flip side of the equation
U can tell if its LB or not with GIA certificate witch is the norme in diamond trade.
@@igor-fk3vv To begin with Certs aren't "standard" at all, and a GIA is just one of MANY certifications, they're not even the most popular branded lab cert either. Most diamonds don't have a cert nor have they ever been certified, so it's not like you can rely on a Cert as a identification method for a "real" diamond.
@@KiraSlith Ok mister look, i asked no question, what i tell is fact, I work in Antwerp. rapaport is based on GIA certificat, witch is the most popular trusted and used in this industry. HRD is the alternative. Bye.
Diamonds are a scam. If it wasn't for DeBeers monopoly, you would be paying less than a thousand a carat for earth mined (Canada and Russia mines are finding hundreds of carats per day), and lab grown would be $200 a carat. Moisannite sparkles more, is almost as hard and is flawless. A beautiful one carat Moisannite ring in real 14k gold can be had for under $500., and if you put it together yourself under $300.
Finally a reasonable person
Bill V diamonds come out in droves everyday but they are not all of quality
DeBeers monopoly is finished since 20years...
My boyfriend will propose with A. Moissanite ! I love
Moissanite so much
Bill V That’s why you don’t have a girlfriend or wife. Live forever alone.
My diamond for my fiance is lab grown. She love it. She can get it big and nobody literally can tell whether its lab grown. It has no blood stain, no worker needing to dig for it and be underpaid. Its as gorgeous as the real thing. Why waste money on a diamond when you can use the money to travel.
Also 30% cheaper for lab grown is not cheap. Mine is closer to 50 or 60% cheaper. Remarkable quality too.
E T very smart and sweet of you.
@meaturama lol lab and natural are 99% same, same carbon, same hardness, same 4C, same density, heck it is SAME stone, just like hidroponic veggies and land veggies (even the lab diamond are closer to natural than that), the one that make it different are how to get it and how many blood and tears to get it (and price ofc)
Nowadays you can get a lab grown diamond for as low as $600, and it's only getting cheaper. Now couples can get engaged without going broke.
Lab grown diamonds were legally recognized in the US as diamonds, And GIA will grade them, thus yes. they have value. They're hard to make, hard to cut, and costs money to do all of the above. The market is moving that way, even if old jewelers don't want to recognize it.
Gia grade them as LG diamond. if u have economic education u should know LG price is going to decrease non-stop cause we can make as much as we want and the cost production is going to drop. But natural diamond are still rare ;)
@@igor-fk3vv yes. But as demand for natrual diamond decreases because LG are getting cheaper and easier to produce, and thus overtake the market (projections from our suppliers are that by 2022 70% of melee and 40% of larger stones on the market will be LG) the price of natrual will drop as well. Supply and demand. Same supply is coming out of the ground every day. But demand will drop.
@@Mike.The.Jeweler Demand for natural diamond dont decrease... The price of natural diamond dont depend of the LG price.
Did u like ur own comment ?
@@igor-fk3vv the price is completely dependant on demand. Natrual diamonds don't have any more intrinsic value, so if all the upcoming purchasers don't care about if it's LG or natrual, the demand will drop. As will the price. Judging by your other comments you're clearly just a troll. So in your words, "Bye."
@@Mike.The.Jeweler Lol, Yes price depend on demand i just told u, but genuine and LG diamond don't have the same price, and their price are not depending each other because everybody dont want a "printed" diamond. Of curse natural diamonds have more intrinsic value than LG, they are limited in quantity u stupide. "Bye"
Anyone who is smart is going to buy a lab grown diamond, unless it's really big or something. Diamonds are not rare, it's a monopoly so they price fix.
If you are smart you wouldn't buy a real, nor a lab grown diamond. Really, you are okay with 30% your purchase.
Debeers Monopoly is over since year 2000 my friend. Diamond are rare, thats why people dig all their life in africa and are still poor.
i work in this industry.
igor igor
You are quite ridiculous. Lab grown diamonds has the exact same chemical and physical properties as “natural” mined diamonds, Therefore it has the same value as mined stones. Period.
Anything else is propaganda aimed at taking advantage of people for money. Any idea stating otherwise is artificial and not based in reality. There is no difference of opinion that is valid. On an atomic level they are the same. The process by which one is created is neither here nor there. Need I remind you that they are rocks? Saying it’s more valuable because it came out of the earth and is, usually, lesser quality is the absolute definition of self serving stupidity. We get it you’ve devoted your life and career to an artificially inflated industry. You have monetary interest in perpetrating this enormous lie but please get over yourself. You can say the same hysterical madness over and over it does NOT make it true.
Scientifically and based in FACT which is measurable and quantifiable, the actual value is exactly same. If you say otherwise you’re just lying, maybe even to yourself, for MONEY.
@@LaDivinaLover @LaBartoliLover To me you look so naif, u wrote ur comment only to convince urself it's ok to buy "printed" stones to ur girlfriend cause ur broke a.f., its more easy to say "diamond is reptilo complotism from evil jew" than making money and buy something authentic. The problem to me s u assume everyone agree on the fact that printed diamond have the same value than genuine, but it's not the case my broken friend. Thats why LG are actually priced cheaper than genuine one, and this disparity increase. Check rapaport on google, u will see the quote of natural diamond, and everything is perfectly find for us, increasing as always. U can check moissanite or even Cz if u like stone from machine, it's cost almost nothing and have better refractive index than diamond ! :) But iT HAVE NO VALUE CAUSE MEN MADE. See ya
@@igor-fk3vv Only two kinds of people defend the value of natural diamonds: those who own a lot of them (investment) and those in the diamond industry (e.g. jeweler in the video). You are in the diamond industry and your opinion is obviously biased.
So you can't tell the difference between lab grown and natural yet they suddenly become
'worthless' when you're told they're from the lab. We really are surprisingly stupid at times.
What would a clay pot be worth if I told you that it is from 2000 BC? What if I, then, revealed that I had just made it in my garage? Some people care about extrinsic value. For something that is merely supposed to look pretty, I think that is stupid. But, extrinsic value is very important to some.
Right... I'm getting some now. It can come in handy later.
@@Austin1990 Love this comparison
@/root
Nah, I think the extrinsic value of natural stones makes even less sense because there is no human connection. My point is just that many people are not like me; they do care about extrinsic value. And, I respect that difference.
@/root
If someone lies to you about the origin of an “ancient” vase, you are paying a lot more money than you would have otherwise. Thus, it is an extrinsic value. That is not different from being told that a diamond formed naturally vs being made in a lab. Someone who values the stone just for being natural would similarly pay more for a natural stone as you would pay more for an ancient vase.
Just as your valuation differs from mine, our valuations differs from valuations of other people. People place different prices on intrinsic values as well. So, this isn't surprising. But, intrinsic values seem easier for others to relate to.
Telling me a lab grown diamond isn't real is like telling me water I freeze in my freezer isn't real ice because it didn't come from the north pole!! Seems kinda silly doesn't it?
I am a GIA GG and I love the lab grown diamonds...no blood, no politics and no pit mining. They are the future.
What is a GIA GG?
@@tethc7580 Gemologist, the one that can tell the origin of diamond and other gem, and he is certified by GIA
@@khazaharto515 thanks bro
@teresat5496 would you recommend buying a lab grown GIA cert diamond on a DTC website?
Go with lab-grown diamonds. They are conflict-free. No sad stories of other human beings when you look into your ring while admiring its brilliance. 🤷♀️
These Women be like "thanks for spending $4000 on jewelry for me to symbolize how much you love me, but it didnt come from the center of the earth so it isnt good enough"
Not true. I don't even care if you give me something for my birthday. I'll buy with my money what I like. Don't need you to pay for me for something that I'll probably never wear if it's not to my tastes. Spend time with me pay me a lunch or dinner sometimes, buy me some flowers ( that are not roses (please for Gods sake)) and you got a happy girl.
It 7k. Real one is 3k if the girl so picky. it easier for me get new one.
I will probably buy a used LG because i think a 30% discount is not good enough.
No. Really it was debeers capitalizing on the fact women couldn’t own property or have bank accounts up into 1900s, and we needed something to sell for cash in case the man left us.
@@TheSaltRose the problem with that is that diamonds lose more than half of their worth the second they leave the jeweler store.
$3,000 ill buy right now.
It LG
REEEEE its worthless
But you just quoted it at $3,000......
I got engaged with a lab grown diamond for both financial and ethical reasons. It's absolutely beautiful and I constantly get comments on it!
Glad to hear this from a woman. I took the time and opportunity to share lab grown options with my SO who is a family oriented, catholic and traditional woman. She had no clue it was even an option and was remorseful when she thought I would think a natural diamond is the only option. She did some more investigating on them and agreed that doing anything else is financially irresponsible. The ring has become a social construct and pressure to show social status. I am certain she is the woman I described above and is someone I can commit my life to. Any signs of hesitation would’ve been against her character and I would likely be reconsidering her motives. This was even more refreshing to read.
I dont want a ring more than a couple hundred dollars. I want the rest towards a down payment on a house!
Alisha C ... You are my kind of woman! Actually knows what’s more important 🙂
Smart woman
Exactly!!! My fiancé and I did the same! We got ours from SimplyBridall on Etsy!
Very sensible thoughts.
Yes, a much better investment! Being as I don't think the 'average' everyday person could afford a diamond engagement ring of a large enough size and good enough quality for it to really be an investment that will pay off in the future, especially when you consider the mark-up on gold and diamonds- if you paid retail for a diamond ring, you already lost money as soon as you walked out of the store. I'm nor divorced, but my family went through quite a rough time a few years back and I sold my natural platinum and diamond engagement/wedding rings. I worked in the jewellery business in NYC for several years, not specifically with diamonds though I did sell some so I had to have some knowledge of the product... Even with a little behind the scenes knowledge, I still could only sell them for a third of the retail price- and I went to several dealers.
Funny thing is, I hated those rings. I don't like traditional jewellery, I think diamonds are fine as accent stones. But, IMHO, Mother Earth produces far more beautiful stones than diamonds, diamonds are not rare (though there are rare diamonds), the mark up is ridiculous when considering diamonds as investments, and if your love eternal rests on the size and stone in the ring on your finger, I'd say reconsider if it'ss really love after all.
The best thing is that as we keep growing stones, it will keep getting cheaper. It also fights the monopoly happening in the diamond industry
Monopoly is over since year 2000
I have the real thing, and recently received a simulated set. They make me feel way better. No blood dripping from them, and just gorgeous. If more people cared about the source of their "diamonds", the diamond market would plummet !! There is NO material object worth a human life !! May God have mercy !!
minks1968 not just a human life but the life of our planet!!!!
Kimberley process is an obligation in diamond business, this certificat make authority able to dont let blood diamond on the market. bye.
Exactly!!! I got my simulated set from SimplyBridall on Etsy, she uses recycled materials and simulated diamonds!
I bought my wife a lab grown. I got a much larger, more beautiful diamond than I could have afforded if it was "natural". And it's not like it's fake or anything, it's a real diamond. I don't understand why anyone would care.
Honestly the only problem I have with a lab grown diamond is that it's too expensive.
My engagement ring is Moissanite with diamond halo and if we found a lab diamond ring at the same price then we would may have gone for that (Moissanite has more brilliance than diamond).
If the material is durable and looks beautiful then 👌
As for resale value, in my country (and some of the other places I've been to) gold has better resale value than diamonds do.
The value of a diamond is intrinsic and I'm glad more people are starting to opt for alternatives.
Moissanite is lab grown. It's lab copied from a meteor particle. I have a CZ that is so beautiful that people grab my hand just to get a better look. I don't bother to tell them it's not a diamond.
MY SPARKLER IS LAB GROWN AND I THINK IT IS BEAUTIFUL.....REAL OR FAKE ....WHO GIVES A DARN!!!!!!!!!!!!!!
The love that you have for your better half is priceless 💍💎💍
I’d prefer lab grown, it’s still a diamond! You can get a bigger ring plus no one dies trying to mine for a stone
Lab grown is real, cheaper and better for the environment props to u !! ☺️
It’s not fake
frozen water is called ice. It was only available in cold region or in winter. Then inventor came around and built a freezer. The ice coming out of freezer is same as ice you get in your nearby lake. only cleaner. You are not going to deny those ice are different. Why not same for the lab grown diamonds. Two month salary? why start off the marriage with two month of debt. If some symbolic jewelry is needed to keep the marriage, little huddle in their life will break them apart.
Two months salary ? So I don't eat or what..
Lol do you burn a months salary in a month?
She's crazy lol, funny how ppl prepare for the wedding not the marriage.
That would be 12k for me. I know I'm poor but that's still alot to spend on a ring
do you not have savings?
Sorry but if the reporter didn’t mention it was an LG diamond they would probably buy it if it was for sale for same or close to the same price to the real one. Only when he explicitly said it was an LG did he get a soured reaction. 😏 the so called “experts” couldn’t tell...
Jeweler: "Women want things that are real, not a lab grown stone."
Same 'women' one week later: "Yes doctor, I just don't like my nose, my breasts are too small, and can you do something about my thin lips?" lol
They want a real diamond mined from the ground by african child slaves and sold for way more than it's worth. This is a woman's mindset on american capitalism.
Young Money Investments so true!!!
😂
With the push for "sustainability" and "ethically sourced" things I have no doubt lab grown diamonds are going to see huge growth over the next 5+yrs. Honestly wish it was an option when I bought my wife her engagement ring 7yrs ago.
jewelrers should also be educated on how to market lab grown diamonds. these are still diamonds. women dont care if the rock is lab grown or naturally mined. problem is that the one selling the jewels are the ones putting the lab grown diamonds into bad light thats why the resale value of the labgrown diamond is zero.
This guy apparently knows what all women want and what they prefer! Wow
The complete failure was to not ask the following question of the women: Would you prefer a 1ct diamond or an equivalent 1.25ct diamond?
Resale value of mined diamonds is zero as well though. I brought mine in to the jeweller we bought it from. Original price was $5000 1.5ctw and I was offered $200.
@@lookhowshegobbledthat I would too! Either way you get next to nothing for it for resale so might as well save buying lab grown, plus it’s better for the planet/people don’t have to die in order to get them
@@brooke86 Yes " it's the same game with a house or a car" I got a BMW...IT WAS LOW MILES...NICE RIMS..ETC ...ETC...I PAID" $6000 CASH FOR THE CAR" I BOUGHT IT BACK 6MONTHS LATER TO TRADE IT ON A TRUCK THEY HAD" I ONLY PUT 700 MILES ON THE CAR" HE SAID THE CAR NEEDED THIS & IT HAD TO MANY MILES ON THE CAR..AND THE RIMS WERE NOT THAT NICE" AND THE CAR WAS ONLY WORTH $1200 ON A TRADE IN" A ASKED HIM WERE WAS CHARLES" HE SAID HE LEFT 3 MONTHS AGO" MY POINT IS THIS..I LOST $4800 DOLLARS ON A TRADE IN...I GOT THE TRUCK"...THE BMW" I WENT BACK UP THERE AND ANOTHER SALES PERSON TRIED TO SELL ME THE SAME BMW FOR $5800 PLUS TAXES... EVERY THING THAT WAS SUPPOSE TO NO GOOD TO MANY MILES..RIMS WASN'T THAT NICE" YET NOW THE BMW IS REALLY NICE..LOW MILES FOR THE YR MODEL" AND THE RIMS REALLY MADE THE CAR STANDOUT..WHAT A LOAD OF SH#!T ?
Asked 4 women I know who are into jewelry. 3 of them have both a mined and an LG. 1 has only an LG. The 3 women with both diamonds say they prefer the LG because it means so much to them that it was sustainably and ethically sourced. The 1 who didn’t own a mined diamond says she’s hoping her hisband buys her a mined diamond on their 10th anniversary. LOL.
I agree, and probably true for most humans regardless of gender. I want to be in a million dollar home, but my friends who have that sort of life keep telling me they want my little island shack and surf/kayak as often as I do:)
3 of them are actually rich and 1 of them just want to be rich
AAH ??? worth nothing if it is lab grown ??? sorry but diamond is still diamond ! the goodie does not change if it is ground dug or lab grow... diamond is still diamond, no matter how it was made.... what a silly jewler... So if dug up diamond costs people lives it is worth much and if PREVENTS human lives to be found then it is worth 1000's of dollars.... man ... that is a killer mentality... I would prefer live saving diamond OVER life costing diamond - blood diamonds - 1000's times over.... I dont want blood on my fingers... in fact BECAUSE of being lab grown they should be much more valuable right BECAUSE it saves lives.....
Is money as valuable if we all have our own money press???
But I get your point tho
diamond is a high value material just incase you overlooked the Technicall value of it, like high temperature windows in certain applications, what to think of high tech cutters, or high pressure applications. diamond is so much more then jewelry.
A company may also pretend that they mined diamonds but they produce synthetic diamonds to increase their market value.
@@Olifor84 We make the difference between LG or not with certificate. If a diamond miner sell synthetic as genuine, his face his show in every diamond bourses.
The worst contender for diamond prices is Tiffany’s. So overpriced and you’re just paying for the name. Thankfully my father in law is a jeweler and makes jewelry so I don’t get ripped off.
I NEVER buy brands. Tiffany's has such simple designs anyway. My real dilemma is when I see some gorgeous design and part of me wants to go to my Jeweler and have him copy it but that is unethical and he probably would not agree anyway.
@@Rivracost3 I have that problem too, so how I solve it: I take the design and alter it so it looks similar to the piece I liked without it being a direct copy (and who really wants to wear something someone else could just buy also? I don't- especially with jewellery) and then have it made with stones different from the original. I'm not fond of solo diamond pieces so it's somewhat easy to do this if you have a good relationship with a decent jeweller (not always easy to find).
They sold me czs at vs prices and I was SO MAD. They wouldn't acknowledge it and tried to say I was scamming them. RIDICULOUS
For some strange reason, people put a ton value on nothing more than a shiny rock.
The last girl
I'm pretty sure she's a child
lol!!! That's a New Yorker for ya!! Gotta love em!!
Chinese lady
Mostafa Saker ... she was like a 9 year old, why are they asking her?🤔🤣
DJQuikSilva most little girls plan their wedding by that age. I did 😂
I'm in love with my - rarer than diamonds - blush pink 1.3 ct Morganite engagement ring - so pretty and feminine ♥️ it didn't cost the earth, makes me feel very special and a little unique!
My engagement ring and wedding band all have lab grown diamond and I love it. I went with the non traditional blue diamond and am very happy with the price because there is no way we can afford a blue diamond at 0.6 ct from the ground.
The one thing I love about lab-grown diamonds is they are ethically sourced!!!! No conflicts!!
So happens that there's a stigma associated to lab grown diamonds. In reality even a gemologist couldn't tell the difference 😂
Diamonds. Pure marketing crap. F-that.
U stupid complotist
so are most things we purchase. but we still purchase it anyway
My engagement ring is simulated as well and it sparkles like crazy with no inclusions. I love it so much more then a “real diamond” that looks dirty and flawed plus it’s way cheaper then spending 10k on something that doesn’t look good. Got mine from SimplyBridall store on Etsy!!!
3:45 "I'm just a guinea pig aren't I?" Yes, yes you are :)
you know it always bugs me when people call lab diamonds fake diamonds. there is literally no difference in substance here, the only real difference is where it came from. it's like saying gold rings made from recycled jewelry is fake. I mean come on people.
Diamonds are diamonds
It doesn't matter where or when those atoms formed a lattice structure, the point is that they are the same, to me
But to be completely honest, I'd never pay 5k for a 1ct diamond, lab or not
When there are GIA certified 1ct diamonds running for 1k
Sure they aren't engineered to be F1 flaweless but I'd personally want 5 diamonds instead of having 1 rock
Well it's better than blood diamonds, but nobody mentioned that.
2:01 you got a juuler, not a jeweler. silly cnbc.
What many don't know is that natural white Sapphires are nearly as hard as Diamonds... so I would rather have a natural white sapphire than a lab-grown diamond. I also have had a necklace custom made for myself with an 11 carat natural White Zircon from Cambodia and it is just superb... I have an antique brooch with white sapphires and when I look at it through a magnifying glass it is just as beautiful as my high grade diamond ring...
White sapphire has no fire. It is only comparable to a poorly cut diamond. It is still a good stone; I’m just saying that diamond is still better for some people. But, if someone likes the fire, moissanite has even more fire than a diamond. Diamonds have higher contrast than a moissanite, though. If diamond was the same price as moissanite, it would be an interesting option.
I think I'm the weirdest female alive because, even though almost every other woman is crazy about diamonds, and even though diamond is my birthstone, I've always found them to be plain and boring...they're CLEAR. Yes, they sparkle....under the right lighting, but if all it does is sparkle, but is otherwise boring, what's the point?!? I actually prefer almost any other stone to a diamond any day. All the others have color and charachter.
Is nobody going to talk about the jeweler with the Juul?
"natural stone goes back to the earth"
like boy where tf do you think the carbon they used to make lg diamonds came from? lol
My name is Devin and I support lab grown diamonds. I don't have 1.3 billion years to wait around for my fancy red diamond!
Soln: Be in a relationship with smart females - no need to worry about things like this
Lab diamond & mined diamond have the same atomic composition. It is crystalize carbon , the same hardness , both diamond are beautiful , they will both last forever , some people can not accept it yet , they will become equal in value
Ive been feeling uncomfortable having a diamond now that I know how they are mined "blood diamonds"... I think we may have to make a switch....
Actually man made diamonds are much much more rare than naturally made diamonds
A wedding ring should be GOLD. A pure smooth surface ring of gold, and nothing else.
Gotta agree that selling a lab grown back to the jeweler is gonna be difficult. But whats the point of buying a ring if you're planning on reselling it later.
I bought my wife 27 shares of Boeing on the 15 March 2019 at USD 379 per share. She was confused on what kind of a gesture that was. But she accepted it anyway.
Lab-grown diamonds are created with the same process and element as regular diamonds. If anything they should be worth more due to the controlled environment causing less inclusions. Despite that being said, diamonds aren’t rare of intrinsically valuable. But if you are so inclined to spend thousands on a shiny rock, buy your diamonds from an estate sale or auction and have them set on a band.
This show how "SHEEPS" people are following trends set by corporates that do not even reflect love at all! With my 3 months salary, I will take my possible wife for a round the world adventure from tropical Islands to hikes around the Himalayas, meeting new people, eating new food and experiencing much much more creating true memories that will last forever... This is what I will be offering screw diamonds...
Showed this to my girlfriend, her instantaneous reaction: "I want a lab-grown diamond"
Mined diamonds, lab grown diamonds, they're just compressed carbon. Dunno why youd choose the more expensive mined diamond when a lab grown one from a chemical sense is exactly the same thing lol
Jared and James Allen now sells lab grown diamonds
Lab grown diamonds are so cool. Its a literally shining example of human progress. Thats the only kind of diamond I want. My wedding ring will be tungsten and lab grown diamond.
An HPHT-grown, type IIa, isotopically-pure carbon-13 monocrystal cut into a flawless 33.19 carat, D-colour, Octavia-cut diamond…would be the only one of its kind in the entire universe.
It will not be sniffed over.😉👍
I only eat plants that grow naturally in the wild, I don't eat plants if people planted them. I think that's roughly what it comes down to.
I just yelled across the room for my guy to get a lab grown diamond.
I think it would be great to have a lab grown diamond if one is not expecting to sell it for profit or even less than half for what they paid for it! Lab grown diamonds are expected to keep decreasing in value, while many mined diamonds will hold their value. Colored diamonds, especially blue and pink, will increase in value. I think it's a great idea to have both. Perhaps buy colorless lab grown and colored natural/mined.
The only really interesting things about diamond are its shine and its hardness. I wouldn't especially want one on my finger but it's a pretty cool stone.
But again, at the end of the day, it's only a stone.
Just so it’s clear, GIA came up with the four C’s. Not DeBeers.
Uhhhh... A lab grown diamond IS a real diamond.
I have a very nice GIA Triple Ex diamond ring currently but if we were to ever "upgrade" for a larger stone I'm going Moissanite 100% I'd never want another diamond, the same look and quality for less why the heck not!
lmfao at the jewler holding a juul
mined diamonds companies are threatened by these lab-grown diamonds that's why they have to market it as "no-value" diamond.
I dont mind a labbie either, give it here!
I think it depends on what 'the couple' decides. Going into hock for years over a ring is no way to start a life together. But for pure dazzle and splendor: Elizabeth Taylor at the height of her beauty, wearing one of her breathtaking diamond suites. WOW!!
"It takes the entire weight of the Eiffel Tower to create enough pressure for a diamond"
*Or you can use the rice setting on an Insta-Pot*
Anyone wanna point me to the direction of a good lab grown diamond company that I can purchase from,
Thanks😊
How do you grow compressed carbon?
2:03 juuler 😂😂
The grandpa jeweler was actually nice to deal with. I don't agree with him at all but it was pleasant to listen to him.
5:54 I don't know if that was a little girl, a teenager, or an adult woman but she has a point.
There still controlling the diamond supply. Diamonds are everywhere and they’re worthless. Control the supply, you control the price.
I'm such a cheapskate I would rather it look expensive rather than it actually be expensive so i would love a lab grown, or honestly a natural cut gem ring
it's still expensive though😂
2:02 anybody else notice hes holding a juul lol
I'll take grown lab diamond... where do I sign up?
Lab grown diamonds are expensive too...I'm happy with moissanite, or cubic zirconia...and a happy man.
2:00 juuler hahah my puns are terrible.....
5:50 why is that 11 year old talking like a 40 year old lol
All diamonds half carat and larger should be laser inscribed as to origin (maybe MM and/or NE as man made, natural earth). Currently among dealers, disclosure is honest and forthcoming.
The 'problem' will arise from resale if and when there is no marking on the jewel. A universal standard would be very helpful and is overdue. There is a major risk of loss of trust in which
the 'earth' diamonds' value will be re-adjusted downward.
Wait so where can we all shop for lab grown diamonds?
I would actually prefer lab grown diamond. First there is no children that were killed in mines to make this diamond and second and it costs less. I dont care if its natural or not because it looks like a normal diamond to me
The chick with the Brooklyn accent is a hero.
Actually a gemologist can tell if it is lab grown or not, on the band of the diamond, in tiny laser written letters it will state whether it is or not. This is so that a jeweler can not scam somebody selling someone a lab grown diamond for the price of a real one. And by real I mean one that is mined and made naturally by nature.
...and by real you mean one that was dug up by slave labor and resulted in a dead body.
Nah. Not all diamonds are blood diamonds, and it’s ignorant to think otherwise. I sport what I like, and what I can afford. I can afford and I like natural diamonds so that’s what I wear.
@@evilqueen09 You have no real way of knowing 100% that what you have isn't a blood diamond.
I wore a deep rich 150 carat Aquamarine , 1980.
Too the Plaza.It started mens jewelry.
Many men loved jewels through out history.The blue should be sapphire blue.
A red is beyond Ruby.You have woman, but the Hollywood left out men.You must be a strong guy to keep great diamonds, before phones.Even today many have weapons when blinging out.
I would love a sparkly diamond on my finger even if it is LG, as long as it's given with love, BTW the bigger the best.
Here's a dollar don't spend it all in one place.. :) btw your glitch video gave me a siesure so thanks.
I love my lab grown,conflict free, diamond 💍💎
2:03 Did he mean juulers or jewelers lmao
I wouldn't be surprised if lots of people buy lab-grown diamonds unknowingly when they say they want mined diamond but the store wants to get rid of their lab-grown diamonds so lie to the customer especially if the grade is the same.
I bought a nice 3ct lab grown diamond at $160. It is amazing. Go to aliexpress
I don’t think you can even cut them for that little. You got a CZ.
Lab grown Diamonds are definitely real diamonds, the process on how it was made is the only difference. The value depreciates a bit because of the process but the authenticity is just the same. Just like test tube babies formed in the lab, aren't they real babies? That jeweler was just so funny saying LB diamonds have zero value. What!?
Try and resell a lab grown. You can't. They have zero value.
@@fakenamefakeaccount7174 Only because those buyers _refuse_ to _give_ them value . I'd be happy to have a secondhand lab grown diamond for my personal use and rejoice in the savings!
Anyone else notice that the Jeweler is also juuling lmao
I dont like those “jewellers” aditudes! Im not even gonna get into how diamonds are actually worth way way less than theyre advertised because this video says it all very clearly
Buy gold. Gold is actually useful, that's why it's expensive. The price of gold wasn't artificially created like De Beers did with diamonds.
Wait, soon is going to be $800 @ CT. Not 30%less