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Would You Pay $32,709 for a Lab-Grown Diamond?

wsj.com

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Re: Would You Pay $32,709 for a Lab-Grown Diamond?

#11

Post by hotsauceror »

mastrsushi wrote: post #6

We should stop posting links to article posts that block and require payment. I have no idea why no one else has mentioned this.

I’ve wondered that, too. It pisses me off to no end. WSJ is the worst, but the Washington Post, Economist, and Bloomberg are hot on their heels.

Re: Would You Pay $32,709 for a Lab-Grown Diamond?

#12

Post by hinkley »

bsder wrote: post #7

I have been seeing these links for CVD diamond for almost 10 years now, and yet I still can't buy a CVD diamond in any store. I wonder why that is?

My history is probably a little off, but the first time I heard of lab grown diamonds in the press was right around the time a couple people were testing a theory that they could identify diamond bearing rock from aerial surveys.

They bought a chunk of land in Canada and turned it into a big ol’ diamond mine. Another source of conflict free diamonds (other than the poor bastards who sold their mineral rights) and at a comparable price.

Re: Would You Pay $32,709 for a Lab-Grown Diamond?

#14

Post by throwawaymath »

The diamond I purchased for my wife's engagement ring costed about the headline price, and it wasn't lab-grown. If the lab-grown diamond was significantly better in specification for the same price, I'd probably have no issue buying it. If no one can tell without specialized equipment and your spouse doesn't care, why not?

But if there wasn't a significant improvement in the diamond across several dimensions, I'd stick with the "real" one. When I purchased one I used diamond screener[1] to find as efficient a price as possible for what I was willing to spend. My research at that time showed that there wasn't a significant price improvement in lab-grown diamonds compared "real" diamonds at the most efficient prices for similar quality. But maybe that's changed now.

In any case, I think it would be great if the price of diamonds came down overall. Lab-grown diamonds are hopefully a good step in that direction. Though I'm concerned they'll evolve to be just as expensive, but marketed to a different set of values.

EDIT: Am I being offtopic? Why am I being downvoted?

__________________

1. No affiliation, but I highly recommend.

Re: Would You Pay $32,709 for a Lab-Grown Diamond?

#16

Post by hotsauceror »

jdormit wrote: post #8
supermw wrote: post #5

Like many I always thought I wouldn't buy a diamond, I saw no reason to buy what was basically just a rock (to me), but when I proposed to my girlfriend, since the ring didn't have a diamond, she said no.

Damn seriously? I know you're not looking for unsolicited relationship advice, but that's a bit of a red flag...

I’d say buying that non-diamond engagement ring was an even better investment than my dude realized.

Re: Would You Pay $32,709 for a Lab-Grown Diamond?

#20

Post by m0zg »

hinkley wrote: post #15
m0zg wrote: post #4

Don't see any reason whatsoever to pay more than a fiver for a shiny rock. As in $5, not 5K.

You’ll pay more than that for semiprecious gems. Heck I don’t think I could get more than a chip of amethyst for $5 as a kid.

No _I_ won't. I don't need shiny rocks. :-)
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