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Synthetic diamonds are now purer, more beautiful, and cheaper than mined

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281–290 of 511 posts

Re: Synthetic diamonds are now purer, more beautiful, and cheaper than mined

#281
post #13

When TFA talks about semiconductors it really only directly compares it to silicon, when GaN is probably the nearest competitor to diamond, both in cost and performance. I believe diamond is "only" about 20x the cost of GaN; anyone know what the economics would be for substituting diamond for GaN in e.g. HVDC?

They just GaN there? I thought they where just using SiC and legacy Si for high voltage high power fixed infrastructure?

Re: Synthetic diamonds are now purer, more beautiful, and cheaper than mined

#282
post #50

> A perfectly cut, flawless lab diamond costs a fraction of the price of a mined diamond of lesser quality. When I shopped for an engagement ring in 2012, there was a clear cohort of women who significantly valued a diamond from the ground. Fortunately, my (now) wife and I saw through the marketing gimmick, and laughed all the way to the bank.

On FM radio, Mervis Diamond Importers talks about how they offer both natural and lab-grown, but they make sure to mention that natural will "increase in value over time" (I assume because limited quantity + as lab becomes more common, natural becomes rarer). As cynical as I am, I'm sure they'd justify a high price for a natural diamond on those grounds, but also justify a similar high price for lab-growns because they're so environmentally conscious or something.

Re: Synthetic diamonds are now purer, more beautiful, and cheaper than mined

#283
post #80
post #58

Earlier quoted context omitted.

It's based on supply and demand. In 2012, when I was shopping for an engagement ring, a natural 2ct diamond cost $250,000. (I bought a 2ct moissanite for much, much less, and my wife is very happy with it.) When I looked in fall 2023, a natural 2ct diamond cost $20,000. That's a loss of over 90% of value, not counting inflation! (Now the supply of diamonds is much higher, and the demand for natural diamonds is much l…

> I also wonder if impurities will become fashionable, just to show that a specific diamond is actually natural and can't be made in a lab. I hope that happens for purely aesthetic reasons too: natural "imperfections" add a lot of visual variety and interest that's otherwise missing in a lot of diamond jewellery—at least the sort that I've seen.

Pretty sure you can add random/natural imperfections in the lab too!

Re: Synthetic diamonds are now purer, more beautiful, and cheaper than mined

#284

Earlier quoted context omitted.

You can do that in an accelerator. It's not going to be cost-effective for a long time, though. Once we get to asteroid mining, we'll be able to get gold cheaply enough to not care about it. On Earth, most of the gold sank into the planet's core because it dissolves well in molten iron. So the gold that we're mining comes mostly from meteorites.

If you do the math on the theoretical maximum energy efficiency of turning iron into gold we'll never be able to do it cost-effectively until energy becomes cheaper by like 10 orders of magnitude. That's why heavy metals all come from the most energetic processes in the universe, like supernovae and neutron star collisions :)

Well, you don't really need iron, lead is good and abundant enough (since it's the first stable element at the end of the decay chains).

Re: Synthetic diamonds are now purer, more beautiful, and cheaper than mined

#285

That's a good article. The whole history is there. The commercial side has made huge progress, too. Look up "diamond making machine" on Alibaba. You can buy a high-pressure, high temperature six sided press for about US$200,000. A chemical vapor deposition machine is about the same price. De Beers, the diamond cartel, has an R&D operation, Element Six. They sell synthetic diamonds for lasers and other exotic applicat…

This is certainly good news for lasers. Many people don't realize how good diamonds are for this. Transparent with a 65% higher refractive index than glass, and 8x the thermal conductivity of copper. And completely scratch-proof!

I just want a diamond heat sink. And a diamond kitchen knife.

Re: Synthetic diamonds are now purer, more beautiful, and cheaper than mined

#286

Over the past 10 years, there has been an explosion in cheap lab diamond and moissanite producers in China and India. 10 years ago, it was hard to find quality lab diamonds at a reasonable price, and moissanite was still reasonably expensive at $400-600/ct. Today, given cutthroat competition and "race to the bottom" pricing strategies, lab diamonds are ubiquitous, extremely high quality, and cheap. Less than $200/ct…

200 USD is retail price, bulk purchase is even less than 100 USD

Re: Synthetic diamonds are now purer, more beautiful, and cheaper than mined

#287
post #62

"Synthetic diamonds are now purer, more beautiful, and vastly cheaper than mined diamonds. Beating nature took decades of hard graft and millions of pounds of pressure." What does graft mean in this context? Is there a process where you graft diamonds, like plants? Does it refer to the diamond seed crystals mentioned in the article?

Hard graft is an idiom. It means hard work.

Ah! Thanks, I misread that as “grift” and thought it was another jab at De Beers.

Re: Synthetic diamonds are now purer, more beautiful, and cheaper than mined

#288
post #67

Earlier quoted context omitted.

most people taking this strategy that I know use platinum instead of gold. Most engagement rings only have ~~~$200 worth of gold on them.

Did you mean rhodium?

Rhodium is very expensive. It's used as a coating for white gold, but actual rhodium jewelry doesn't really exist.

Re: Synthetic diamonds are now purer, more beautiful, and cheaper than mined

#289

Earlier quoted context omitted.

There is a difference in going all out for an event vs spending all that money on essentially a useless rock.

When diamonds held their value they were a useful vehicle for dowry (and showing off your dowry). Now that they don't...an Instagram account with 100K followers might be a suitable modern replacement

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Re: Synthetic diamonds are now purer, more beautiful, and cheaper than mined

#290

Over the past 10 years, there has been an explosion in cheap lab diamond and moissanite producers in China and India. 10 years ago, it was hard to find quality lab diamonds at a reasonable price, and moissanite was still reasonably expensive at $400-600/ct. Today, given cutthroat competition and "race to the bottom" pricing strategies, lab diamonds are ubiquitous, extremely high quality, and cheap. Less than $200/ct…

You said they are legit, does that mean you have them tested by an independent lab? I know that almost all shops in China (and India) show nice certificates for such purchases. But I also know from experience that many of these certificates are worthless as rubber stamps. Maybe you live in China and know more about such things? I'm thinking about buying and would like to know more from your perspective. Thanks!
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