"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?
Synthetic diamonds are now purer, more beautiful, and cheaper than mined
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Re: Synthetic diamonds are now purer, more beautiful, and cheaper than mined
#72Over 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…
> I expect diamonds to lose almost all of their value. Artificial diamonds, you mean. The natural ones will keep their price, just as "hand-crafted" goods did (and, I suspect, as "human-produced" content in the future will); it's a matter of status and signalling that you can afford to buy an inferior, more expensive product.
Re: Synthetic diamonds are now purer, more beautiful, and cheaper than mined
#73I'm planning on buying an engagement ring very soon and my own plan (as someone who has never done this before!) is to get a good lab grown diamond but spend more money on the metal in the ring. You can make a gem stone in a lab but until we become a Kardashev II civilization we won't be making any sufficient quantity of gold in a lab. If I buy a good loose lab grown diamond will I be able to find someone who will fi…
Re: Synthetic diamonds are now purer, more beautiful, and cheaper than mined
#74Re: Synthetic diamonds are now purer, more beautiful, and cheaper than mined
#75Earlier quoted context omitted.
> I expect diamonds to lose almost all of their value. Artificial diamonds, you mean. The natural ones will keep their price, just as "hand-crafted" goods did (and, I suspect, as "human-produced" content in the future will); it's a matter of status and signalling that you can afford to buy an inferior, more expensive product.
Now we just need artificial diamonds that are flawed enough to be indistinguishable from real diamonds.
Re: Synthetic diamonds are now purer, more beautiful, and cheaper than mined
#76Re: Synthetic diamonds are now purer, more beautiful, and cheaper than mined
#77Earlier quoted context omitted.
I think diamonds are used in some lathes as cutting tools. So suprising thats not more common. I though diamonds strength and iirc its heat tolerance would be attractive to the folks who cut stuff.
Diamonds are excellent for cutting some materials, e.g. ceramics or some non-ferrous alloys, but they are bad for cutting metals that are good at dissolving carbon, e.g. iron, cobalt and nickel alloys. So for the iron alloys, which are the material most frequently processed by machining, diamond is not suitable. Other hard crystals, like alumina a.k.a. corundum, are much better for this purpose, even if they are less…
c-BN is isoelectronic with diamond; h-BN is isoelectronic with graphite (but is an insulator).
Re: Synthetic diamonds are now purer, more beautiful, and cheaper than mined
#78Earlier quoted context omitted.
This seems to be an American phenomenon. Americans--women in demanding it, and men in acquiescing to it--are keeping this commercially confected "tradition" alive through a vanity bred and reinforced by corporate greed and consumerism. It's not that a diamond ring is bad per se. It's the artificial and frankly socially destructive stipulations around them. It's almost as if the marriage and future spouse were an afte…
If you think lavish spending on weddings and engagements is an "American phenomenon," you're badly mistaken. Read up on weddings in India, Armenia, Cambodia, Afghanistan...
Re: Synthetic diamonds are now purer, more beautiful, and cheaper than mined
#79Over 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…
> Moissanites have already become as near-worthless as synthetic rubies. I've noticed that synthetic sapphires are (or were?) much more expensive than synthetic rubies. Do you know why?
Re: Synthetic diamonds are now purer, more beautiful, and cheaper than mined
#80Earlier quoted context omitted.
> I expect diamonds to lose almost all of their value. Artificial diamonds, you mean. The natural ones will keep their price, just as "hand-crafted" goods did (and, I suspect, as "human-produced" content in the future will); it's a matter of status and signalling that you can afford to buy an inferior, more expensive product.
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 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.