Lessics
Brilliant_Rock
- Joined
- Jan 6, 2019
- Messages
- 582
Cut and size would be the biggest factors right now- LB caps out at 1ct. Also the ability to be selective about the parameters of the stone. I like my LB studs but for a ring I wanted to be able to choose a specific stone within specific cut parameters.
Availability, maybe. The lightbox diamonds are not always available.
Cut, for one. LB caps out at 1 carat, and if you’re lucky enough to get one of these carefully controlled releases from them, you have no control over the cut, color, exact size, etc. You’re going to pay more for an ideal cut, anything over 1 carat, or for fancy shapes.
Agreed with the others. Cut. The Lightbox stones have decent cuts thankfully but I would also like to see if any of the vendors I've grown to love who cut lab grown coloured stones end up doing diamonds as well over the next few years. (I don't expect to be able to make any lab diamond purchases before our 10 year and I still have several years to go before we hit that lol) The vendors I love do lovely and well cut stones and for reasonable prices. I am sure some say lab gemstones aren't worth more than 50 dollars a carat but I would pay up to 400 a carat if I know it will be a beautiful stone. Same for lab diamonds. I would happily go to 1k to 1.5k a carat, maybe even 2 if i know for sure the cutting is great instead of 800 per carat for good cutting.
The particular pendant you linked has a hole drilled through it, so most (on this board at least) avoid it. They also have a 1ct without a hole in it for $1,000 so maybe you intended to link that one.
Same reason people pay more for any other goods in order to buy from a small business or craftsman vs walmart.
It is very difficult for consumer right now to obtain that holy grail 1ct from LB. As soon as inventory is there, it will be gone in 5 minutes. Also the cut is only VERY GOOD according to GIA. So for ring, most people will prefer a better cut and willing to pay more for it.
We assume that Light Box offer retail price of 800 usd for 1ct VS1/G Very good cut ( GIA standards)
I wrote a blog hereXRF?
www.hollowaydiamonds.com.au
What does the cut of Lightbox rounds look like?
So shift production to a country that has mostly hydro power@missy some interesting "fact check" of the "echo friendly" of MMD, "the smaller physical footprint lab diamonds offer as one advantage?"
Subscribe to read | Financial Times
News, analysis and comment from the Financial Times, the worldʼs leading global business publicationwww.ft.com
"The US Federal Trade Commission issued a warning to eight companies last April over their misleading marketing of lab-grown diamonds. The admonition exposed a simmering war of words between the producers of those diamonds and the miners of natural stones, a row that centres on claims around environmental standards and sustainability"
. ..
Trucost estimated that, in 2016, greenhouse gas emissions associated with lab-grown diamond production are approximately three times greater than natural diamonds produced by DPA members. This was probably an underestimate, it noted, due to a lack of publicly available information.
..
"Jean-Marc Lieberherr, who stepped down in December after almost four years as chief executive of the DPA, accuses some growers of making false claims about using renewable energy. “Some say that they have no carbon footprint, but given the incredibly high temperatures they need to run their reactors, solar or wind energy is not sufficient,” he says.
“Only hydropower would deliver that. How many have access to hydropower? They may have some renewable energy in their grid or buy solar credits but that is not quite the same.”
Given the high temperatures inside the reactors in which the diamonds are grown “15m litres of water are needed every year to cool them off”, Mr Lieberherr says. “In areas where there are already water shortages, that is not great. You have to hold people to account on the claims they make.”
...
"the importance for diamond growers to focus on becoming carbon neutral but, as Mr Mathuram points out, it will not be an easy process. “Many growers are based in China, which has caused market instability, undercutting prices,” he says, questioning “how would they qualify for sustainability"
Hmm. Is that why lab oec pricing is much higher? because they have to use a much larger rough (due to depth) to cut the same diameter oec, vs rb?
Thank you!I wrote a blog here
Many huge diamonds found each year. Why? - Holloway Diamonds
In 500 years up to 2004 there were a few huge diamonds found. About one a year for the past century. Since then many huge diamonds found ...
Unfortunately it is not the case!
Well there for a my idea for kick starting the economy
How can you compete against the dirt cheap sources?
You can't
That' s ideal.
LB diamonds aren’t really $800 per carat, because you cannot purchase them loose. Factor in at least $200 for a 10K gold setting, or more for the new 14k gold jewelry offerings. The least expensive options are set in silver, +$100. You won’t be able to recoup anything but scrap metal costs for these if you reset LB stones. It is true that you can get LB items on sale, but very rarely any of the larger carat stones that are in high demand. Straight from the source, the cheapest LB diamond is $900/carat.
First synthetic ( lab grown) ruby was made in 1837. Those lab grown rubies are priced at 20 usd to 40 usd/ ct nowaday.Hmmm. Personally I want to know when I can get a diamond glass watch or a diamond glass phone! Are we there yet? I'm not talking about that spray on "diamond" stuff. I want to be blinded when I check my phone on a sunny day
If lab grown diamonds make good diamonds more expensive, will people turn more and more to lab diamonds? And mines will eventually close, or will there always be a market for those diamonds regardless of price? Will there be a point where mined are just too expensive for regular people? Will mined diamonds become "investment" pieces then? I'm interested in seeing where this will go, but also sad for livelihoods that may be affected. Darn technology, destroying and creating jobs. Who would have thought that playing video games in your parents' basement could be so lucrative? I shouldn't have discouraged my brothers
Yes. We have to say " Thank you Light Box. You have done a great job of adjusting the market price: 800 usd+- 30% / 1ct MMD. That benefits to consumers!"
They "are" rubies! ( same aluminium oxide, Al2O3 .....)
