Here’s what IGS says:
Diamonds are popular gemstones surrounded by popular misconceptions. We'll tell you how they became so prized and debunk some of those diamond myths, too.
“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.Who cares if diamonds are not rare?
For the past few hundred years ants as measured by weight have been rarer than humans.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.
Would it worry you that the resale value will be similar to phones and old trechnology?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.
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.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.
A person with cancer can be identical to look at to others.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?
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.Would it worry you that the resale value will be similar to phones and old trechnology?
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.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.
So is this your motivation for posting?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.