Lab grown diamonds?

Diamonds, natural and synthetic, do not show up on an exray. All the female techs I worked with made sure theirs passed the test.
As far as real value goes, diamonds are probably one of the worse investments an individual can make. We've been well trained to think otherwise by the most success ad campaign in history... "diamonds are forever".

John
 
Well, seeing how this is wedding #3 (congratulations by the way!), I'm not sure I would get her ANY kind of gun. Only because of my 1st two joyous journeys in Holy Matrimony.
My #25 years of Heavenly bliss comes sometime this year, I think November, so I'll be hunting for a diamond SOMETHING. I really have to remember that date. I hope it's November, I think the 31st.
 
Around 50 years ago, my best friend’s father worked at a General Electric facility in Columbus, Ohio that made industrial diamonds. It was a very high-security location. He told me that they used huge hydraulic presses, but not exactly how the process worked. At the time, they produced only industrial-grade stones used for cutting and grinding tools, not gemstones. It appears that lab-made diamond technology has come a very long way in the last fifty years. A Brief History of Lab-Grown Diamonds - International Gem Society

Just my opinion, but given that lab-made diamonds are chemically and in crystalline structure identical twins to natural diamonds, and can be graded and GIA-certified using the exact same procedures and standards as natural diamonds, why would anyone of rational mind spend even a penny extra to buy an otherwise equivalent natural diamond? But many people are not rational.
 
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Simply get a hand exercise machine,, and make your own.

Trust me, she will be more impressed with DIY than any store-bought diamond,,

Here is the how-to video,,

[ame]https://www.youtube.com/watch?v=5RD-mRB_nCc[/ame]

The added bonus is that new-found strength will make you more accurate with a Model 629,,
 
The engagement/wedding rings from my last marriage came from my pawnshop. Appraisal is $15,000+. They are for sale in the shop now for $5000. Center diamond is .85ct.
Pawnshop paid $1500 for them.
That is to give you an idea of the different price points.
 

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I suspect that the lab-made diamonds will eventually replace natural diamonds in the retail market and the competition will force the pricing of natural diamonds down significantly. Most everyone knows that for a long time the market dominance of the DeBeers diamond cartel was the only reason that diamonds were expensive. It seems that DeBeers became aware of the threat as they no longer control the market and now have their own line of lab-made diamonds.
 
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I am amazed that folks steeped in all the nuances of S&W collecting wonder that people would prefer a natural diamond over a man-made diamond. What is the difference between original finish and reblue? Why all the fuss over some penciled numbers inside the grips?

Diamonds are like guns, they is or they ain't.
 
My dad and brother both retired from Cincinnati Milacron. One of the largest divisions there was the grinding wheel plant. They produced wheels from tiny to titanic. They used a staggering amount of synthetic diamonds. Security was tight.
 
Well a lab grown diamond is identical to a diamond that has been growing in the ground a million years and no one can tell the difference except an expert with optical magnification. So if I could get a brand new Registered Magnum for 800 bucks that shot as well and had the smooth action and polish and only an expert with a magnifying glass could tell that it wasn't an original, I would buy it fairly quickly. It wouldn't bother me a bit that it wasn't actually made in the 1930s but I guess some people it would.
 
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Go to your friendly neighborhood diamond merchant and you will get a fair price. He probably has a beard and wears a prayer shawl.
I have been in the NYC diamond district a few times (not as a customer), and Cleveland has (or had) a similar area but on a smaller scale. And most of the diamond merchants are indeed Jewish. I earlier stated that we bought my wife’s engagement ring stone at one of them in Cleveland. The guy had trays of hundreds of loose diamonds of all sizes, seems to me that they would be big targets for theft.

I worked for a short period in Colombia. Most know that Colombia is well known for its emeralds. Wife and I decided we had to buy an emerald before we returned to the states, so we visited a recommended emerald shop in Bogota. When we went inside and told the guy what we wanted to see, he invited us into a back room to see his selection. He must have had millions worth of loose cut emeralds in a safe, all sorted by size and color. He locked the store door behind us, and there was a guard with a shotgun with us the whole time. We picked out and bought a fairly good-looking deep green stone of around one carat and took it back home. I gave it to my mother, and she had it made into a ring. When she died I got the ring and still have it. I have no idea what its monetary value is today. In fact, I don’t remember what I paid for it, which was close to 50 years ago.
 
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Years back I heard an “expert”on the radio claiming Debeers was holding back on the supply of diamonds available.
He said if they were to release their stockpile the values would plummet.
I know little about diamonds. I bought my bride a smaller size diamond ring. I had little money(still don’t:))
Thing I disliked buying diamonds is you are relying on someone else’s opinion on what it’s worth.
Then there is the outlandish profit margins.
 
It looks as though DeBeers has been dethroned from its long-time market dominance position for some time. It presently has only about a 30% diamond market share, about the same as the Russian Alrosa mining conglomerate. The balance is composed of numerous smaller diamond interests. DeBeers apparently sold off most of its once-huge diamond inventory about 20 years ago, mainly to Asia (China? India? Japan?). So it can no longer control diamond prices to nearly the same extent as it formerly did.
 
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As in #52 above, Hypothetically, say that S&W went into production today of a Registered Magnum which was in every respect identical to one made in 1938, except for its serial number. Unlikely but certainly possible. If it existed, how would you value it in comparison to an original RM in as-new condition? And why? That is essentially the situation in comparing a lab-grown diamond to a mined diamond of the same quality, weight, and cut.
 
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OK here is what I know about diamonds, besides being too expensive. Color, cut and clarity. I took some man made diamonds to my jeweler and he wanted NOTHING to do with them. Said they were worth nothing and he will not deal in them. Somebody that wants 5500.oo for a lab diamond is selling you just the gold, according to my jeweler.

2Karat is overboard IMHO. I would be looking for a 3/4 to 1 K, Color D, VS1 rated if you want a fine stone, and that will cost you plenty.

Everybody knows a guy who knows a guy. Buy a loose diamond based on getting appraisal before you buy and have it set. If you can follow that and get the appraisal, you can save a ton of money. There is at least a 400% markup in jewelry. so think about in the 5500 fake diamond a 400% is worth just the gold. Gold is 1850.00 or thereabouts an ounce.

Do your homework!!!

As a sidebar, a Colt collector friend told me years ago that since about 1874, a standard new Colt Single-Action Army revolver has historically been of approximate equal value to an ounce of gold, even with inflation.
He said that a $20 gold piece would always buy a new Colt SAA, and it still will.
 
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As a sidebar, a Colt collector friend told me years ago that since about 1874, a standard new Colt Single-Action Army revolver has historically been of approximate equal value to an ounce of gold, even with inflation.
He said that a $20 gold piece would always buy a new Colt SAA, and it still will.
That has been a saying in the Colt collector community for as long as I can remember.
 
OK here is what I know about diamonds, besides being too expensive. Color, cut and clarity. I took some man made diamonds to my jeweler and he wanted NOTHING to do with them. Said they were worth nothing and he will not deal in them. Somebody that wants 5500.oo for a lab diamond is selling you just the gold, according to my jeweler.

2Karat is overboard IMHO. I would be looking for a 3/4 to 1 K, Color D, VS1 rated if you want a fine stone, and that will cost you plenty.

Everybody knows a guy who knows a guy. Buy a loose diamond based on getting appraisal before you buy and have it set. If you can follow that and get the appraisal, you can save a ton of money. There is at least a 400% markup in jewelry. so think about in the 5500 fake diamond a 400% is worth just the gold. Gold is 1850.00 or thereabouts an ounce.

Do your homework!!!

How did your jeweler determine that the stones were man-made "diamonds"? Does he have one of the $25,000 machines from GIA to test? Or were you duped when you got the loose stones? There are plenty of kinds of Fake Diamonds.
The normal diamond testers will test the lab-grown stones as diamonds because they are diamonds.
 
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