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by Spinosaurus 2416 days ago
Strange that the article does not mention lab grown diamonds. I would have assumed that the increases in production of lab grown diamonds combined with increasing consumer acceptance of lab grown diamonds would be a large contributor to price declines.

Is there reason to believe this is not the case?

As an aside, has anyone ever purchased a lab grown diamond? What was your experience? Where did you purchase it?

3 comments

Funny tangent, check out this company Lightbox Jewelry: https://lightboxjewelry.com/

They sell extremely cheap lab growns with a lot of funny marketing around how "artificial" diamonds are for "light" occasions.

That's because Lightbox is run by De Beers and it's a PR campaign to flood the market with cheap lab grown diamonds with accompanying marketing to push the message that "real" diamonds are more valuable.

Funny thing is, I don't think millenials care about whether the diamond is lab grown. To them it's just a cheaper diamond that is literally the same as one from the ground and doesn't have any conflict diamond associations. De Beers think they're doing something clever but really are just shooting themselves in the foot by not understanding the younger market and giving us access to cheaper diamonds.

I'm a big fan of lab grown. Science is science, I don't need a poor teenager clawing a rock out of the dirt to make it real.

I recently bought some 0.1 carat lab grown CVD diamonds online. I am trying to figure out a method of escrow to buy a 2 carat CVD lab grown diamond from the same people for an engagement ring. To us it is actually more interesting that the diamond is lab grown copy of a natural diamon and it is proof of human ingenuity and work to me.
Not diamond but bought a 3 karat moissanite pendant necklace for my wife a few years back. Being synthetic it had a perfect crystal structure leading to a glow/reflectiveness hard to get in diamond without breaking the bank. It still looks good and wife loves to wear it.

Bought it at a local helzberg store.

SiC (moissanite) is also birefringent which makes it look a lot more sparkly (each incident ray of non-polarized light is split in 2, so if illuminated by a single bright light source you get twice as many sparkles).