Diamonds sparkle like no other gemstone on earth. Additionally, they are among the hardest and most durable natural materials found on earth.
People all over the world are in love with diamonds. They are one of the most popular pieces of jewelry in the world, and millions of people purchase them every year.
However, in a world of ever-decreasing attention spans where perception is reality, diamonds aren't all that they appear to be.
So, what if we told you that they aren’t always a good value?
What if we told you that they could be more trouble than they are worth?
The Value Of A Diamond:
Let's start by saying that diamonds are NOT a monetary investment, they are an emotional investment.
The truth about diamonds is they are overpriced and have a low resale value.
On the resale market, a diamond will lose about 40 to 50% of its value.
As a matter of a fact, jewelers will mainly price your jewelry based on the value of the purity of the material used may it be platinum, silver or gold.
Which means that the material may hold a higher price than the stone itself! OUCH!!!!
Nobody really knows how much a diamond costs to mine.
No one knows what a fair price per carat is. Over 90% of all diamonds are mined in Africa, and just like all other precious metals, diamonds are bought and sold on commodity exchanges worldwide.
As consumers we'd like to think you're getting a deal when you purchase a diamond because it's being traded as a luxury good, but the truth is you are probably paying too much for it, regardless of whether it's from a family owned jewelry store or a national jeweler conglomerate.
Diamonds have long been considered the ultimate milestone when it comes to weddings. In fact, about 85 percent of engagement rings on the markets contain this precious gemstone.
Diamonds are said to be a girl's best friend, but is this really true?
Lab-Diamonds as alternative
Lab-diamonds are a responsible choice given that no mining is required.
Lab grown diamonds are grown in highly controlled laboratory environments using advanced technological processes that duplicate the conditions under which diamonds naturally develop when they form in the mantle, beneath the Earth’s crust.
These lab created diamonds consist of actual carbon atoms arranged in the characteristic diamond crystal structure.
Since they are made of the same material as natural diamonds, they exhibit the same optical and chemical properties.
Our lab created diamonds are readily available in a variety of colorless ranges.
Our lab created diamonds are also available in fancy colors such as our Aqua collection of lab-diamonds.
What about Moissanites?
Read more about these gorgeous stones HERE.