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Are Diamonds Really Rare? Decide For Yourself...

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Batgirl76

Shiny_Rock
Joined
Aug 7, 2018
Messages
178
Who cares if diamonds are not rare?
“Real is Rare” is the entire basis of De Beers’ latest multi-million dollar ad campaign, which is designed to convince Millennials that they should buy questionably ethical mined diamonds instead of lab grown. So obviously De Beers’ market research team determined that FALSELY IMPLIED RARITY would convince these young men and women to pay THOUSANDS of $$$$ more for an IDENTICAL diamond.
 

Johnbt

Shiny_Rock
Premium
Joined
Mar 13, 2018
Messages
257
It appears that Real is Rare is the promotion of the Diamond Producers Association.

diamondproducers.com

"Formed in May 2015 by seven of the world’s leading diamond companies, the Diamond Producers Association (DPA) exists to maintain and enhance consumer demand for, and confidence in diamonds."

De Beers is listed as one of the members.

Members

Lots of fun reading...

"Chief executive officer of the Diamond Producers Association, Jean-Marc Lieberherr, has claimed that no lab-grown diamond companies are using renewable energy. "

www.professionaljeweller.com/no-lab-grown-diamond-producer-uses-renewable-energy-claims-dpa-chief-exec/
 

Karl_K

Ideal_Rock
Trade
Joined
Aug 4, 2008
Messages
8,525
Rare compared to what?
Rare compared to iron it's very rare.
Rare compared to blood red untreated mined ruby its not rare at all.
By some comparison everything is rare.
If you compare humans vs ants, humans are very rare.
 
Last edited:

Garry H (Cut Nut)

Super_Ideal_Rock
Trade
Joined
Aug 15, 2000
Messages
14,680
Rare compared to what?
Rare compared to iron it's very rare.
Rare compared to blood red untreated mined ruby its not rare at all.
By some comparison everything is rare.
If you compare humans vs ants, humans are very rare.
For the past few hundred years ants as measured by weight have been rarer than humans.
https://www.bbc.com/news/magazine-29281253
(hehehehehe)
 

pwsg07

Brilliant_Rock
Premium
Joined
Nov 21, 2016
Messages
637
I think diamonds are not as rare as they used to be. The synthetic colorless diamonds look identical to naked eyes. I love diamonds but I can’t afford the high price. I will buy synthetic diamonds only if they were not so expensive.
 

Garry H (Cut Nut)

Super_Ideal_Rock
Trade
Joined
Aug 15, 2000
Messages
14,680
I think diamonds are not as rare as they used to be. The synthetic colorless diamonds look identical to naked eyes. I love diamonds but I can’t afford the high price. I will buy synthetic diamonds only if they were not so expensive.
Would it worry you that the resale value will be similar to phones and old trechnology?
 

Batgirl76

Shiny_Rock
Joined
Aug 7, 2018
Messages
178
No one really knows what the resale value of lab OR mined diamonds will be 5, 10, or 20 years from now. The cost of both is decreasing. The only thing that is GUARANTEED is that, today, you will pay about 40% more for an identical product if you buy a mined diamond.
 

Garry H (Cut Nut)

Super_Ideal_Rock
Trade
Joined
Aug 15, 2000
Messages
14,680
No one really knows what the resale value of lab OR mined diamonds will be 5, 10, or 20 years from now. The cost of both is decreasing. The only thing that is GUARANTEED is that, today, you will pay about 40% more for an identical product if you buy a mined diamond.
95% of natural diamonds are 'different' (type I) and easy for people in stores to detect loose diamonds with inexpensive tools. All manufactured diamonds are Type II.
The rare type II natural diamonds need gemologists to test, but there are many companies making easy to operate detection equipment.
25% of natural diamonds have noticeable Blue fluorescence with cheap UV LEDs, 0% of manufactured diamonds have noticeable blue fluorescence.
 

Batgirl76

Shiny_Rock
Joined
Aug 7, 2018
Messages
178
The most desirable lab grown diamonds can easily compete with the most desirable mined diamonds both with the unaided eye and under a loupe. And even an expert like you would not be able to tell the difference. These ideal cut lab diamonds are easy enough to find and purchase online.

How many consumers do you know who will be buying electronic detection equipment to look at their diamonds at home?
 

Garry H (Cut Nut)

Super_Ideal_Rock
Trade
Joined
Aug 15, 2000
Messages
14,680
The most desirable lab grown diamonds can easily compete with the most desirable mined diamonds both with the unaided eye and under a loupe. And even an expert like you would not be able to tell the difference. These ideal cut lab diamonds are easy enough to find and purchase online.

How many consumers do you know who will be buying electronic detection equipment to look at their diamonds at home?
A person with cancer can be identical to look at to others.
The word in question is identical.
And if you share my preference to strong blue fluorescent diamonds, then you can at home too.
 

pwsg07

Brilliant_Rock
Premium
Joined
Nov 21, 2016
Messages
637
Would it worry you that the resale value will be similar to phones and old trechnology?
That is why I will buy the synthetics only if they are not expensive. A lot of coloured stones I bought probably don’t have good resale value but I still love them. After all, the gemstones are luxuries. They are not necessary. We buy them because we love them. If I am a billionaire, I will spend money only on natural untreated diamonds.
 

Lookinagain

Brilliant_Rock
Premium
Joined
May 15, 2014
Messages
988
No one really knows what the resale value of lab OR mined diamonds will be 5, 10, or 20 years from now. The cost of both is decreasing. The only thing that is GUARANTEED is that, today, you will pay about 40% more for an identical product if you buy a mined diamond.
Most of us know that. And may still choose a natural mined diamond. You may not make the same choice. That's up to you. I prefer to buy things that are "real". Not a laboratory copy of something real. Just my preference. And I choose to pay more for that. Just my business. And honestly, most millennial folks are pretty savvy with the internet and on their own can figure out the cost differential between lab diamonds and mined diamonds, or the difference between what might be the "truth" vs. an ad campaign. And then they will make their own choices just like you and me.
 

Garry H (Cut Nut)

Super_Ideal_Rock
Trade
Joined
Aug 15, 2000
Messages
14,680
When CZ (and Mossanite) first hit the market they were relatively expensive and prized. Now I can buy 1ct sized CZ for 11 cents.
CZ = fake and worthless
Now Mossanite is out of patent the price has dropped to about a 10th. It should be popular, because it looks better than diamond and is harder than everything except diamond.
But no, now that it is worth less it is worthless.

De Beers have set the value of manufactured diamond at $1,000 per carat irrespective of size and carat weight and color and clarity, because as a made product and with all their patent protection, they can make and retail it profitably at that price (in nice color +VS).
The current practice of grading manufactured diamonds can cost more than growing the rough.
If not now - then definitely in the future.


1574386647984.png
 

Batgirl76

Shiny_Rock
Joined
Aug 7, 2018
Messages
178
Normally I wouldn’t post negative comments about newly mined diamonds on PS. But it seems that, out of the blue, trade members start threads disparaging lab grown stones. And they come across as quite patronizing. As if we are all dumb women with money who need expert males to tell us why their bread and butter product, mined stones, is superior in every way. Don’t be patronizing, and don’t mansplain. Your financial motives are highly transparent.
 

nala

Ideal_Rock
Premium
Joined
Oct 23, 2011
Messages
3,292
Normally I wouldn’t post negative comments about newly mined diamonds on PS. But it seems that, out of the blue, trade members start threads disparaging lab grown stones. And they come across as quite patronizing. As if we are all dumb women with money who need expert males to tell us why their bread and butter product, mined stones, is superior in every way. Don’t be patronizing, and don’t mansplain. Your financial motives are highly transparent.
So is this your motivation for posting?
 

Batgirl76

Shiny_Rock
Joined
Aug 7, 2018
Messages
178
I don’t like to see beautiful diamonds, which have clean histories and are far less expensive than their mined counterparts, be disparaged by tradesmen who have keen financial interests in doing so. I also don’t like to be talked down to by them, on what is supposed to be a consumer forum.
 

PreRaphaelite

Brilliant_Rock
Joined
Feb 2, 2015
Messages
1,534
I’m not a tradesman, nor am I a man. But the gender of the experts who took the time to engage in the debate is irrelevant.

You asked if people are really going to invest in tools? Well, yes, I bought some tech tools to help me determine genuine diamonds. Easy and fun. Thanks, amazon. Of course, since I buy only old-cut diamonds, MMDs are obviated by my search techniques, so I have less risk of being fooled.

Your question was whether mined diamonds were rare. My comment about redheads was meant to show that the nature of that question is slightly misleading. Value wasn’t the question, but it was implied. Are they rare? The ones I collect are, certainly. And more so, every day, as time slips ever onward.
 

Johnbt

Shiny_Rock
Premium
Joined
Mar 13, 2018
Messages
257
I'm not in the trade or anything remotely related to it. I prefer mined diamonds. My wife prefers mined diamonds.

I suppose I am a bit baffled though. You ask for opinions on a public forum and when it doesn't go your way you start name calling. What's up with that?

697530
 

Garry H (Cut Nut)

Super_Ideal_Rock
Trade
Joined
Aug 15, 2000
Messages
14,680
mined, earth, natural etc
synthetic, factory, cultured, manufactured, grown, factory grown, lab grown etc

It is interesting how this nomenclature has evolved.

I am not sure that choices have been accurate or truly representative?

Environmentally friendly, clean vs supporting African communities, solar powered mining, independent auditing of all etc

There are a lot of unresolved issues
 

diagem

Ideal_Rock
Trade
Joined
Oct 21, 2004
Messages
4,884
The value of MMD’s is really irrelevant and becomes more so as we move further into the future. The added value to MMD rough by design processes will determine the genuine value consumers will be willing pay for such a polished/designed MMD.

All these excluding jewelry/design/brand added values.

Garry the resale value question you asked is really irrelevant again, let’s take Lightbox as example, a 1ct MMD @ $800 per carat vs a natural 1ct @ $8,000 per carat, which will suffer more at the resale?
 
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