The Pros and Cons of Lab Grown Diamond // What you need to know

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  • Опубліковано 1 лип 2023
  • In this video, we're discussing the pros and cons of lab-grown diamonds. We're going to cover things like quality, ethics, and the environmental impact of diamond production.
    If you're interested in learning more about lab-grown diamonds, this is the video for you! We'll discuss the pros and cons of this diamond production process, and help you decide if lab-grown diamonds are the right choice for you.
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КОМЕНТАРІ • 58

  • @vickyburton2434
    @vickyburton2434 8 місяців тому +43

    There is really no resale on natural diamonds either. Unless you have a museum quality piece, no one will give anything for your diamond. Remember, Debeers jacked up the prices of natural diamonds. Thay are not rare either.

    • @ajewelerslife21
      @ajewelerslife21  8 місяців тому +3

      Natural diamonds are still a finite source. There is a resale value on them, just not as much as when you first bought it. Think of it like buying a brand new car. In a couple of years, it won't hold the same resale value on it because of wear and tear. Natural diamonds are the same way.

    • @rbtheballer
      @rbtheballer 8 місяців тому +7

      @@ajewelerslife21but a car is a mechanical machine that can provide value or lack there of vs a Diamond that basically does nothing besides shine, it’s more of a commodity.

    • @HaywoodsJewellery
      @HaywoodsJewellery 8 місяців тому +4

      @@rbtheballer they aren't really a commodity as no two diamonds are the same, there are subtle differences that affect the price of each, compared to two 1oz gold coins, they are worth whatever gold is worth that day. Faceted diamonds are a luxury product that no-one needs but people want.

    • @rbtheballer
      @rbtheballer 8 місяців тому

      @@HaywoodsJewellery 💯💯💯

    • @maxalicea543
      @maxalicea543 5 місяців тому

      It’s a scam nature has no value either

  • @Midwestmama612
    @Midwestmama612 5 місяців тому +4

    Thank you for being honest about diamonds or other gemstones not being an investment; gold is. You'll never get anywhere near what you paid for it so just buy what you like and rock it.

  • @Infinitelight8888
    @Infinitelight8888 8 місяців тому +8

    Give it 10-15 years and natural diamonds will be seen in museums.

    • @Pentax67
      @Pentax67 2 місяці тому

      They are still forming in nature … it’s not finite. It’s very common . Debeer and other company inflated prices

  • @Jaymac8272
    @Jaymac8272 8 місяців тому +3

    I randomly came across your video. Wanted to give kudos great break down and great video. Awesome reviews.

  • @tommycoleee1810
    @tommycoleee1810 6 місяців тому +2

    Great info thanks man

  • @touyang2608
    @touyang2608 11 місяців тому +2

    Keep it up! Love the quality of the videos!

  • @anyaturker412
    @anyaturker412 14 днів тому

    Best video on youtube
    great info

  • @lindajolly935
    @lindajolly935 7 місяців тому

    Thank you 🙏🏽

  • @hannahporter9698
    @hannahporter9698 4 місяці тому +2

    Diamonds are Diamonds and all will depreciate as the rarety is now gone..

  • @maximhollandnederlandthene7640
    @maximhollandnederlandthene7640 8 місяців тому +4

    What were the prices of natural diamonds before De Beers started their monopoly ?

  • @jacquelinetran9746
    @jacquelinetran9746 8 місяців тому +7

    You lose money reselling your natural diamond as well
    Not a good investment commodity
    Buy it for anything but investment

    • @ajewelerslife21
      @ajewelerslife21  8 місяців тому +2

      Correct; diamonds are symbolic for special moments; not true investments unless you get into extremely expensive and rare diamonds like red diamonds.

  • @puctbridge
    @puctbridge 8 місяців тому +8

    Pro: Cheaper than natural African Diamonds. Cons: Cost about as much to produce as Moissanite, but Moissanite is 100 times cheaper...

    • @ajewelerslife21
      @ajewelerslife21  8 місяців тому +3

      Yes, technically true. But lab grown diamonds are much harder than moissanites and don't break as easily as moissanites.

    • @kk45859
      @kk45859 8 місяців тому

      Don't feel like buying diamonds at all 😢

    • @rosej9686
      @rosej9686 5 місяців тому +1

      Diamonds are 10 in hardness on the Mohs scale, and Moissanite is 9.5, so it's not that much softer.

    • @elenam848
      @elenam848 4 місяці тому

      ⁠@@ajewelerslife21”brake as easily as Moissanites”??? 😂 Are you kidding? Moissanite is the next after the diamond 💎 in the hardness scale 10 vs 9,5 😅

    • @PaddleTales24
      @PaddleTales24 Місяць тому

      @@rosej9686Mohs is a measure of hardess - it has nothing to do with tensile or compressive strength

  • @TheBTGMovement
    @TheBTGMovement 11 місяців тому +1

  • @LauraGomez-bj6nc
    @LauraGomez-bj6nc 11 місяців тому +1

    💎💎💎

  • @BarnabasLawson
    @BarnabasLawson 11 місяців тому +6

    Is it actually possible for anyone to tell the difference between the lab grown and the natural diamond?
    How would a jeweller know if buying a second hand diamond if it’s natural or lab grown?

    • @ajewelerslife21
      @ajewelerslife21  11 місяців тому +9

      So it’s not possible to tell with the naked eye or even under a microscope the way you would with a cubic zirconia vs a natural diamond. As jewelers we actually need fancy machines to tell us if it’s lab grown or natural.

    • @BarnabasLawson
      @BarnabasLawson 11 місяців тому

      @@ajewelerslife21 That's really interesting, thank you for the reply

    • @PaddleTales24
      @PaddleTales24 Місяць тому

      @@ajewelerslife21gimme a high school chemistry lab Uv-Vis and I’ll be able to tell natural vs synthetic 95% of the time. Theres no way to replicate that 415nm peak with HPHT or CVD.

  • @billkats5432
    @billkats5432 3 місяці тому

    Well summarised, visited a jewellery shop today and I was surprised by the mark-up they had a lab 1 CRT $5900 sticker price.. when i said cash .. she said $5300. Ahhhh ??

  • @AHomeofLove
    @AHomeofLove 11 місяців тому

    😮

  • @maximhollandnederlandthene7640
    @maximhollandnederlandthene7640 8 місяців тому

    Invest in yourself first 🤗

  • @finned958
    @finned958 8 місяців тому +2

    What’s the difference compared to cubic zirconium?

    • @ajewelerslife21
      @ajewelerslife21  8 місяців тому +3

      So cubic zirconium is essentially plastic; while lab grown diamonds have the exact chemical makeup of a natural diamond and have the same brilliance and durability.

  • @ezra420420
    @ezra420420 3 місяці тому

    cost of production limits supply of labs and anticipated future increase in supply is already priced in

  • @combatflyingpig2385
    @combatflyingpig2385 6 місяців тому +1

    Only D vvs1 or higher have high resale value.

  • @dalehammond1749
    @dalehammond1749 7 місяців тому

    I have a question, if lab grown diamonds are the same as natural diamonds, how can anyone tell them apart?

    • @ajewelerslife21
      @ajewelerslife21  7 місяців тому +1

      Nobody can tell them apart with the naked eye. We need fancy machines to tell us that they are lab grown. They are different on their molecular form.

  • @nyang1010
    @nyang1010 7 місяців тому +1

    As the lab grown dias grow cheaper, so will the natural ones.

  • @rosej9686
    @rosej9686 5 місяців тому +1

    If diamonds can be grown in a lab, why aren't they all vvs1 and D color? Can this not be controlled?

    • @ajewelerslife21
      @ajewelerslife21  5 місяців тому +1

      Unfortunately we can't control the way a diamond grows on a molecular level. It's like a plant. You can't control how tall it's going to get and how big the leaves are going to grow.

  • @rbtheballer
    @rbtheballer 8 місяців тому +2

    Seems like lab grown diamonds will continue to get cheaper over time. You might pay 25k for it today but 5years later it’s worth 5-10k do to advances in technology and supply. Minus labor cost the price will continue to fall vs natural diamonds.

    • @ajewelerslife21
      @ajewelerslife21  8 місяців тому +1

      correct! They continue to get lower and lower every year, you're completely right which is why again they're a great alternative to the expense of a natural diamond but should be bought as jewelry not as an investment!

    • @rbtheballer
      @rbtheballer 8 місяців тому +3

      @@ajewelerslife21 Yea, I’ll just stick to gold seems like no matter what your going to be throwing money away as the price continues to drop. If I want diamonds it’ll be something natural and very subtle; I’m not tryna blow out a Rolex or a chain.

  • @evamac9941
    @evamac9941 8 місяців тому +2

    I heard that lab grown diamonds have a low to no resale value. Is that true.

    • @ajewelerslife21
      @ajewelerslife21  8 місяців тому +3

      Yes, unfortunately it is true because lab grown diamonds basically have no limit to them. But they are a great option for a lower cost engagement ring meant for a lifetime.

    • @rbtheballer
      @rbtheballer 8 місяців тому

      The price will eventually go down to zero minus production costs. I’d research the cost to produce the stones and the tech before spending any money. It’s like the Fed just printing money.

    • @Midwestmama612
      @Midwestmama612 5 місяців тому +2

      All stones including diamonds (natural or lab grown) have very bad resale value. You'll never get anywhere near what you paid for them.

  • @9fiveb180
    @9fiveb180 3 місяці тому +1

    Lab diamonds are the price that Earth mined diamonds should have been sold for all along.
    There's literally no reason to choose an Earth mined diamond over a lab one. Especially when the only difference is the amount of money that's being deducted from your bank account to call it yours, or theirs.
    If your fiancé insists that you spend 10X the amount on a solid chunk of sparkly carbon over the exact same carat, cut, color, and clarity chunk of sparkly carbon........ Then ya might want to reconsider whether or not you'll be happy married to an idiot.

  • @vietimports
    @vietimports 7 місяців тому +1

    the only pro that matters: no slave labor

  • @TheJoeeReflex
    @TheJoeeReflex 7 місяців тому

    so basically unless youre rich and have a miss priss of a wife, go lab grown and save money