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Diamond prices are in free fall in one key corner of the market

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Re: Diamond prices are in free fall in one key corner of the market

#231
post #182
post #104

I just got engaged. When we looked at rings, the jeweler asked my fiancé if she wanted natural or synthetic, and she responded “I don’t want a blood diamond!!” Of course, mined diamonds aren’t blood diamonds, but her impression was still they were a little ickier. The jeweler told me that one reason to get a natural diamond was that the prices of lab grown diamonds had been falling, whereas natural hasn’t as much, so…

Yea lab grown diamonds are insanely cheap. You can buy them on Alibaba. A 3 carat, D VVS1 with an excellent cut is $3K.

I do see some entries like you're describing on Alibaba for bulk orders, but is there anything for consumers buying a single gem in this price range? I couldn't find anything on other websites that's as cheap.

Re: Diamond prices are in free fall in one key corner of the market

#232
post #143

Earlier quoted context omitted.

What is? The certificate? Because otherwise you wouldn't know. For the same value of 'how much it cost', a lab-grown diamond (we're not talking about other non-diamond synthetics) will look better (clearer, fewer flaws) and/or be bigger. If you want to show it off on your finger, you want lab-grown.

Sure you can just lie about it but most people don’t. This isn’t about when people look at it but for the follow up conversation where you mention “its natural and x carats.”

I'm not suggesting lying about it, I've just never heard anybody show off their finger and say 'it's natural' and it didn't occur to me anyone would. One can just not do that, and as a bonus, seem more normal.

Re: Diamond prices are in free fall in one key corner of the market

#233
post #182

Earlier quoted context omitted.

Yea lab grown diamonds are insanely cheap. You can buy them on Alibaba. A 3 carat, D VVS1 with an excellent cut is $3K.

I do see some entries like you're describing on Alibaba for bulk orders, but is there anything for consumers buying a single gem in this price range? I couldn't find anything on other websites that's as cheap.

https://m.alibaba.com/product/1600612782670/Diamond-Lab-Crea...

Min order is 1 carat.

Re: Diamond prices are in free fall in one key corner of the market

#234
post #222

Earlier quoted context omitted.

It's not really bullshit, it is a physical manifestation of the commitment that is supposed to accompany a marriage. People are human, the stone is both a reminder of the vows that they took as well as a sacrifice the husband made to demonstrate love and commitment for that particular spouse. Yes of course it doesn't have to be a diamond per se, but that's basically what the entire world has agreed upon for this part…

You should read that article about how y’all got duped into buying diamonds as tokens of your love. It’s enlightening. And… I mean… we have (thank Satan) done away with swearing on bibles in all nations and all but a few backwater states in the US where politicians that sexually abuse children are viewed as champions of the people. Also, I’d wager a good chunk of my savings that most of the 50% of marriages that diss…

Pointing out that diamonds specifically are not actually special, unique or rare gems and that marriage oaths they are intended to represent are still likely to be broken, does not make you as smart as you seem to think you are. All of this is already well-known and well-accepted by the vast majority of the population. Swearing on a Bible or just verbally affirming that you promise to tell the truth in court, again, entirely symbolic. However, these are the customs that the general population has chosen to acknowledge, and it is the ritual, the recognition of widely-accepted customs and traditions, that makes them valuable as signifiers that one is, to some degree, participating as a normal member of society. Like putting up a Christmas tree or singing the national anthem at a sporting event. Opting out is absolutely fine, but it's not a sign of enlightenment.

Re: Diamond prices are in free fall in one key corner of the market

#236
post #104

I just got engaged. When we looked at rings, the jeweler asked my fiancé if she wanted natural or synthetic, and she responded “I don’t want a blood diamond!!” Of course, mined diamonds aren’t blood diamonds, but her impression was still they were a little ickier. The jeweler told me that one reason to get a natural diamond was that the prices of lab grown diamonds had been falling, whereas natural hasn’t as much, so…

> whereas natural hasn’t as much, so the ring would hold more value.

This is purely the diamond scam. There is no market for selling ur used diamond. The diamond merchant sell u the high price, but u will not be able to do same to get the money back from the next sucker

Re: Diamond prices are in free fall in one key corner of the market

#237

Earlier quoted context omitted.

Go with moissanite. Vastly cheaper. Looks better.

But how on planet Earth will my wife carry around a moissanite ring that's worth the 3 months of salary I'm supposed to spend on this thing? That's a heck of a big chunk of mineral! A diamond is just more practical /s

Frankly, if you're marrying a person who requires you to spend 3 months on a diamond ring, it may be time to remember an important bit of wisdom:

Never enter into a contract where one party benefits by breaking it.

I'm not knocking marriage or (outright) stating that financial motives may be at play, here, but it's a big indicator if "who your with" is more concerned about what's "on their finger" than about what's "around their arm".

Re: Diamond prices are in free fall in one key corner of the market

#238
post #58

Earlier quoted context omitted.

If you ask her if she'd prefer a lab diamond or one from the ground, and she says ground, you have your answer. If you force the issue and insist on getting the lab diamond, you're the douche.

Why ask? Personally I just nerded out over the specs a bit, filtered for colourless and unflawed as far as the naked eye can see (i.e. you can get better but requires a specialist with specialist equipment to tell, so who cares, she's wearing it not collecting or selling it) and then went with the largest I didn't think would look silly (or alternatively that's within budget, whichever limit's tighter). I don't reall…

Why ask? Because when I’m giving a gift to my wife, the main thing I’m trying to optimize for is her happiness. And the criteria that I consider most important may not be the most important to her.

Re: Diamond prices are in free fall in one key corner of the market

#239
post #222

Earlier quoted context omitted.

You should read that article about how y’all got duped into buying diamonds as tokens of your love. It’s enlightening. And… I mean… we have (thank Satan) done away with swearing on bibles in all nations and all but a few backwater states in the US where politicians that sexually abuse children are viewed as champions of the people. Also, I’d wager a good chunk of my savings that most of the 50% of marriages that diss…

Pointing out that diamonds specifically are not actually special, unique or rare gems and that marriage oaths they are intended to represent are still likely to be broken, does not make you as smart as you seem to think you are. All of this is already well-known and well-accepted by the vast majority of the population. Swearing on a Bible or just verbally affirming that you promise to tell the truth in court, again,…

Subordinating women and minorities/outsiders “are the customs that the general population has chosen to acknowledge” for most of civilized history “that ma[de] them valuable as signifiers that one is, to some degree, participating as a normal member of society”. I would encourage you to never use that as an argument for anything, ever. It is devoid of weight or reason. You can do better, I promise.

Re: Diamond prices are in free fall in one key corner of the market

#240

Earlier quoted context omitted.

> Of course, mined diamonds aren’t blood diamonds, but her impression was still they were a little ickier For all intents and purposes, they are. The voluntary processes the diamond cartels adopted to supposedly reduce diamonds coming out of "conflict areas" are a joke. Most diamonds are mined under exploitive conditions, often with severe ecological impact, and the owners are almost without exception "blood on their…

Sources to any of these wild (and grossly outdated) claims? > Most diamonds are mined under exploitative conditions You’ve clearly never been to a diamond mine. More than 70% of diamonds come out of “modern” countries like Australia, Canada, Russia, and South Africa. Botswana used their diamond bounty to teach hundreds of their citizens to grade/cut/polish the very stones mined in the country, ensuring tons of high s…

And yet you just respond with your own unsourced claims?
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