Natural vs lab-grown diamonds: What's the difference?

Jewelers of America director Amanda Gizzi explains the difference between lab-grown and natural diamonds on 'Varney & Co.' #foxbusiness #varney
Subscribe to Fox Business! bit.ly/2D9Cdse
Watch more Fox Business Video: video.foxbusin...
Watch Fox Business Network Live: www.foxnewsgo.com/
FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York - the business capital of the world - FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.
Follow Fox Business on Facebook: / foxbusiness
Follow Fox Business on Twitter: / foxbusiness
Follow Fox Business on Instagram: / foxbusiness

[@darrenmonette3088]

As a former diamond broker I have to say the concept of diamonds " holding their value" to trade up or sell is a lie lie lie. Unless you have a 6 carat and up stone there is no investment value. Buy the lab grown diamond...they are molecule for molecule the same material!

[@tbone-ml4ex]

The funny thing is dimonds are not rare. The only reson they are expensive is the debeers company only release so many a year to keep pirces up. They have train car loads of them by the hundreds

[@usfanlovesminho5085]

I think you need to do some research on what natural diamonds are rare and what natural diamonds are not gem quality before making a statement that diamonds are not rare. There is a lot more to natural diamond than what so many people think.

[@user-sk2ix7fv2q]

not true because during the pandemic when they closed the mines and the price of diamonds went up alot there werent any rough diamonds available in antwerp in the rough market, they didnt bring out the secret stash to cash in and im in the diamond industry. de beers isnt a monopoly anymore people buy it from another company in antwerp now which sells on the behalf of 6 or 7 private mines as its cheaper than de beers or russia has 40 percent of mining now.

[@fuzzyschwartz]

Very Anti-semetic of you.

[@IMRROcom]

35k for a rock…. What a scam.

[@Whatnok]

35k for a car for a bag for whatever. It’s subjective.

[@codrinvechiu2832]

god bless you

[@IMRROcom]

@@Whatnok a car has a use, it is a tool. The only tool in a Diamond purchase is the tool that paid 35k for it

[@user-sk2ix7fv2q]

btc is 60k , usd paper money is backed by nothing

[@lancerooke]

There is no difference chemically. A diamond is a diamond.

[@martymcfly256]

A few years ago, my wife and I were at the range. She was the only one shooting and I got hit with a 9mm ricochet. I had the mangled bullet put into a small gold basket and put on a chain as a pendant. Now she says that, when I die, she wants to turn me into a diamond. I joke with her that, when people ask her about the ring (me), she can say "that's my husband". And when they ask about the pendant, she can say "that's the bullet I shot him with". Both statements would be true, but totally out of context.

[@shandhaula]

😂 Thank you for sharing! Ricochet, mmmhh...

[@TheBagOfHolding]

They need to redesign their range.

[@djdynieldaniel1395]

Does she plan to die before you?

[@williamerkert7583]

Neither are worth what you pay for them.

[@thedude5040]

The entire engagement ring, setting and wedding band was like $5k. So it's worth it to me. Our combined income is now $190k, so $5k is not very significant to us.

[@iscariot666]

@@thedude5040People that actually have money don’t speak like that.

[@thedude5040]

@@iscariot666 cool. Glad you know how all people with money speak. The monthly interest off my savings account pays my electric bill as well.

[@usfanlovesminho5085]

That's your opinion and you have a right to it. I though disagree with you

[@jasonburns6307]

​@@thedude5040so your dumb?

[@covidisascam4556]

Diamonds are a scam. 😂

[@double_joseph327]

Everything’s a scam now it’s absurd lol. Literally anything that costs money in America is price gouging the crap out of you.

[@goldbud2287]

So is climate change

[@nunyabiznez666]

Thanks to DeBeers for making an actually common stone such a ridiculous price 🙄🤬

[@greyeye6371]

A common stone ? There is a difference from gem quality and and stone used for industrial applications. A big difference . And beyond that larger stones , over 5 carats , are very rare .

[@johnathanwroe2148]

Even the natural ones are only valuable because of DeBeers. It's disgusting, along with many other things

[@IMRROcom]

Nice that 35k will put a rock on your finger that had to be unearthed by slave labor that got next to nothing to dig it out of the ground.

[@Bob-bm1fk]

200,000 tons of rock is moved for a one carat natural diamond...

[@rngnv4551]

There are only 30 minable Diamond locations in the world of Gemstone quality. Rare is real.

[@78.BANDIT]

Men all over the world are thankful. I bought my girlfriend a lab grown Dimond gold ring. It saved me thousands.

[@Freedomforall1290]

Just want a President who’s not corrupt and puts Americans first. 🙏

[@oldgoat50]

George Washington has been gone awhile.😮😮😮

[@donaldpump8882]

Trump got indicted FIVE TIMES. That's about as corrupt as you can get.

[@eattherich9215]

😂😂😂

[@user-sk2ix7fv2q]

india gave joe a worthless lab grown , i think it was a insult to him after all china gave his son a real one worth 300k

[@happynurse8706]

Thank God you're voting for Harris and not a fascist like Trump

[@Gemini530]

Visually, no one can ever tell the difference between a natural and a lab grown diamond. They are identical, and they're both REAL diamonds.

[@usfanlovesminho5085]

The man in the video just picked the lab and yet you say "no one can EVER tell the difference" I can tell the difference as well and so can many others. Labs are real diamond but not exactly like natural diamonds. You should watch some GIA seminars and webinars on the subject.

[@Gemini530]

@usfanlovesminho5085 ... Hahaha, it was a blind pick. You cannot tell the difference.

[@LordTrayus]

@@usfanlovesminho5085 Blind luck. You should pay more attention at those GIA seminars on the subject. All diamonds, whether lab grown or mined, are the same at the molecular level. In fact, lab grown stones are less likely to have impurities that diminish its sparkle because the inputs can be controlled.

[@nicholas.veniamin]

Lab diamond is the same as an IVF baby. Still full human.

[@d.banerjee4777]

The only difference is the phosforecence

[@lymanhall5449]

I guess the only real difference is the amount of labor and mining that goes into the stone.. one thing for sure, you definitely know it’s not a blood diamond.. 💎

[@JasonRMJ]

That's because lab grown diamonds have no impurities than natural diamonds.

[@burger_draws]

@@JasonRMJop is talking about the fact that people are forced to work dangerous jobs when mining for diamonds and are basically being labored.

[@socalifone3044]

​@@JasonRMJ You are 💯% wrong. Lab and Natural diamonds both have imperfections. That's why they are graded the exact same way via GIA or IGA standards.

[@Southernburrito]

I’ve always found it interesting. Stones are beautiful.

[@AmandaPandaWhoLivesInaVeranda]

No thanks to either of them. I have a blue topaz for my wedding ring stone. I’m secure with myself enough to use the $10k people would spend on a diamond ring on investment instead of wearing it to show off.

[@laratheplanespotter]

Diamonds are exactly like cars. As soon as that ring comes out of that store, it’s depreciating rapidly. So no, they do told their value at all.

[@user-sk2ix7fv2q]

its not that the depreciate. If you look at the historical price of diamonds they havent until only very recently gone down in value. The issue is unlike gold for example there isn't a set price and the consumer often loses more money selling the diamond than they do buying them .

[@user-sk2ix7fv2q]

for example lets say the diamond is 4000usd, depending on the jeweller they have to pay for all their staff insurance rent etc so they sell for maybe double that around 9k including the gold ring and taxes. When the consumer goes to sell that diamond thats worth 4000usd a dealer or jeweller will offer 2 or 3000 usd a lot less than what the jeweller can buy it for from the diamond manufacturers. So what they paid 8000 basically for they get 2000 back. If you deal with a dealer, broker or competitive private jeweller then the profit margins can be much much less. If you try and sell a diamond straigh away in a diamond market dealers will offer ludicrously low prices. you have to deal with a broker who can put it back in the market and wait for a jeweller to buy it

[@CaptainBeefheart90]

“Diamonds are forever” James Bonds

[@californigirl]

Shirley Bassey, man- great song!

[@user-md9kb9xd8j]

Actually no they aren’t necessarily. Due to their volatile properties, a diamond can, believe it or not, spontaneously disappear when it’s complete carbon structure breaks. However, it would perhaps take a long time, and also, no one has yet reported such an occurrence.

[@JohnSmith-ug5ci]

If there is no difference, then why would anyone care which they got? Size and quality are all that matters.

[@thedude5040]

Winner! I paid $5k for my engagement ring and wedding band using a lab grown diamond. With earth-grown diamonds, I would have paid around $7.5k at the time.

[@ryandannenhauer]

It’s mainly about holding the value. The supply of lab grown can grow 100x over a period and the $5,000 lab grown diamond you bought could drop to be worth only a few hundred. If you’re finance/ wife doesn’t care then it doesn’t really matter

[@thedude5040]

@ryandannenhauer the lab-grown demand is not $5k, as this also includes the gold, lessor diamonds, sapphires, and a customization upcharge. No one should be thinking about the resale value of an engagement ring. $5000 to me is just 1 month of saving.

[@NathanielHellerstein]

Lab grown are a little bit purer than earth-grown. That's how jewelers can tell.

[@yb6706]

That is not how you tell them apart. Like the expert in the video said, lab diamonds come in different clarities just as natural diamonds do.

[@vinicy78]

Diamonds are for bracelets. Gold is the real value

[@TomCrockett-bl1gp]

You are a natural buddy. You just found your side hustle as a diamond flipper.

[@ericheine2414]

She's wearing a lab-grown diamond.

[@eattherich9215]

I guessed right that number 4 was lab grown, but it's probably not of the higest quality.

[@yb6706]

The anchor person said that it looked darker but it has nothing to with the fact that it is lab grown but more to do with light return due to how it's cut.

[@rockerch1ck]

You're losing money to the lab grown diamond industry because the diamonds are THAT GOOD. Natural diamonds aren't "RARE". People are onto this BS.

[@jackayoub8647]

How old baby is born in the stomach and one is born in a test tube

[@terrencemilton5088]

I thought the lab one was the first one. Because of how hard it sparked. The natrual shines more.

[@ManyHeavens42]

You grow that I'll grow Foam, and Quantum Salt 🧂

[@Mike-zk7rh]

ivf baby and natural baby are still a baby right?

[@oldgoat50]

Next time you pay $35,000 for a car that rusts and needs parts, think gee that diamond, Never did that

[@The1stDukeDroklar]

It didn't get you around either.

[@budmonk2819]

At one point aluminum was so precious that the cap of the Washington monument was made if that. Now its so common that you wrap food in it. So too for diamonds. Biggest ever scam to sell at such high markup.

[@hangtime1111]

It's exactly the same only way to know is with the machine

[@williampomplun6750]

Hell NO! YOUR WOMAN would appreciate you later when your one bedroom apartment is going up in rent, and the first born is on the way!

[@davidmeserole6566]

Very Educational, Diamonds have their own characteristics Formed in the Earth. Lab Grown Diamonds are an Enviornmentally Friendly Alternative Type of Stone Very Similar to a Real Diamond. The Classification grading system is the Same. Personally I'm Quite Satisfied with my Set of 1913 White Sapphire Earrings 👍

[@Whatnok]

Wrong. Lab grown are not environmentally friendly. They still use a speck of genuine Diamond to make the lab grown diamonds. Sooo they still dig up the planet for the lab grown so called diamonds. It’s kinda like saying electric is best for the planet. No digging up the planet for Lithium is horrible for the planet not to mention the animal kingdom etc.

[@NickDrinksWater]

How do you grow something like that exactly?

[@NathanielHellerstein]

By high pressure or by vacuum vapor deposition.

[@drinny26]

Which are better for the environment? Lab grown or mined? And which ever is better let’s just go with that and ban the other.

[@TheresaREAberilla]

like, herface is lab grown, and mahface is love grown!lols

[@Whatnok]

Lab grown sucks! Never!!!! Real genuine diamonds and gems or nothing!

[@The-Fergusons]

So branding, makes sense.

[@louiswhite805]

Hey, confused 😕 people, diamonds are formed, not grown!

[@diegojines-us9pc]

show me the form they are made in. and who made that form. i saw superman make on the same way mother nature does, but it didn't take 100000 years to do it.

[@louiswhite805]

@diegojines-us9pc then they're not real diamonds, are they?

[@catalinamarquez6937]

Did the real diamond have zero carbon mean very dark and then dip almost shine Gray

[@happynurse8706]

When things get normal and settle down never pay more than 10% for man-made diamonds in a lab of a real diamond

[@tkblondie]

I wish people would stay on topic ,this is supposed to be about diamonds and everything other comment is about AMS39K which has nothing to do with this video.

[@user-tx8jf2iy1m]

That lady was a terrible representation of the lab grown diamonds. Not buying Lab after listening to her

[@jessiejoseph1093]

There is no achievement in owning a lab grown diamond. Just buy cubic zirconia if you do not want a natural diamond. Cheaper.

[@AK88.]

Lab grown all the way it's the end of De Beers. They were right, diamonds are forever. As in the supply.

[@SC-fj2zp]

We bought a man made diamond ring from (Diamond Nexus) about 6 years ago they are set in real gold and the stone is next to flawless she works with it doing labor and not a scratch on the stone would definitely recommend for those looking for a nice ring set or just jewelry in general price range from $300-$2000 really not bad for what they are.

[@rawbacon]

Biggest scam ever. Diamonds are one of the least interesting stones ever too.

[@rmwtsou]

Get out of the diamond business now, while you still have your shirt!

[@tedjones-ho2zk]

Diamonds are forever but marriage isn't , save your money.

[@harrisonmccullough1183]

A CZ is not a diamond. When dirty they don't shine like a real diamond. They won't take heat. Buy a diamond.

[@shandhaula]

This is not a ZrO2 aka CZ. It's a lab grown diamond : C.. Identical chemistry as the natural diamond but grown in a laboratory. This said, it has opened the Pandora's box on the market, nightmarish as you can't identify them with the usual tools.

[@rongardner4157]

One doesn't use slave labor to mine

[@user-sk2ix7fv2q]

wrong, the labs are grown in china in sweatshops bascially slave labour, the mines in africa now are much different with highly trained well paid workers from botswana and namibia that pulled their countries out of the third world status.

[@TheresaPowers]

lab grown don't have the color that natural diamonds have.

[@diegojines-us9pc]

on the average. grown ones are better quality. the natural ones waste so much to cut out all the bad.

[@LeileeBaker805]

Pass🙄

[@FilizKablan-mr8od]

How long to get AMS39K in the presale?

[@HACKER04920]

make their move and history repeats itself as it usually does

[@sourpatch_king]

if gold and diamonds are truly rare.. how come almost everyone owns them?

[@EldersTree]

Ok

[@bryonhills6172]

Nobody had to die for the lab grown

[@user-sk2ix7fv2q]

who died mining diamonds ? please I work in the diamond industry in antwerp and there is a world diamond counsel that i can inform them of where this mine is where the people are dying and it can be blacklisted and put on an embargo . Please send me the information asap

[@TheresaPowers]

freckles in diamonds are carbon spots.

[@diegojines-us9pc]

dirt then. which isnt in the labs. so the ones grown are dirt free.

[@LongNguyen-ce8nn]

They’re trying to bring back diamond and smoking attraction. Since the younger generation no longer cares about diamonds or smoking cancer. Too bad not many can afford any of that, in this economy.

[@charlesstansell9264]

Diamonds do not shine, diamonds reflect light.

[@FreeGunzz]

That’s what it means to shine

[@robhaythorne4464]

A perfect lab-grown diamond makes more sense to me than an imperfect natural one. Many years ago I asked a girl to marry me. She said yes and immediately dragged me to a shopping mall to look at diamonds. I had some jeweler friends so I wasn't going there. In the mean time she was more impressed with size rarher than quality. This was one point of contention that ultimately led to our disengagement. Save the $$$$$ for a better honeymoon and a bigger house down-payment.

[@stevengarcia9367]

You got natural vs man made . I like natural not made from scratch diamonds !

[@Hanzo1777]

Yes a Lab diamond is visually and physically chemically the same as natural diamond and much cheaper So my question to the ladies is this is a luxury designer name brand hand bag like Gucci or Louis Vuitton the same as a knock off no name hand bag made from China factory made of the exact same material and design I mean they look the same are chemically and physically visually the same aside from the label and it’s much cheaper lol My questions to the guys is a luxury Rolex watch the same as an identical knock off non name watch made in china factory of exact same material design and it’s much cheaper Yes these things are all man made and are not investment just waste of money have little to no resale value But yet people still opt for the luxury designer brand name Rolex watches and Gucci prada and Louis Vuitton hand bags

[@greensombrero3641]

what a scam

[@darkren88]

even documents can be faked. the only difference of the 2 is document which is can be easily be faked

[@Station606]

He's wrong about diamonds holding it's value. You can buy that 30k real diamond and turn around and ask them to buy it back and they will offer you 20K. A real jeweler said that. They will offer you 30 to 40% less than what you paid.

[@charlesbarkely3021]

Literally no difference

[@SB80yankee]

There’s no way too tell unless your a jeweler

[@eattherich9215]

Jewellers cannot tell if the lab grown stone is of the highest grade. As the woman said, disclosure is key as there will be a significant difference in the secondhand value.

[@tylerwilliam97]

@@eattherich9215they have serial numbers laser engraved that you can see under magnification, so they can just look it up. there are scanners which detect nitrogen impurities from naturals, and jewelers can tell the quality of the stone without needing to see the documentation to evaluate the price once they know whether it’s natural.

[@geert574]

theres literally chunks of diamond the size of cars floating in earth crust and entire planets made of diamond

[@jab-gn3sw]

Astroids have the largest source of precious metals & minerals

[@joe62845]

They're the same, but natural diamonds I feel like are more sentimental which is why I bought one of those for my wife. But no one can tell the difference between the 2 unless you look up the serial number.

[@diegojines-us9pc]

nothing like saying. here honey someone making a dollar a day in the sun, or 5000 feet under ground found for you.

[@joet7136]

Just know that a bunch of dirt poor men, women, and children probably died working diamond mines for pennies a day. Deboers is a disgusting company.

[@lvtuba]

Natural diamonds are losing value fast. I wouldn’t be so sure about them holding their value long term.

[@robertvazquez2964]

The answer is in the question, one is natural and the other lab made.

[@diegojines-us9pc]

what is gold, until someone makes it something. a rock.

[@somethingnewhere]

If you don’t know it’s lab or natural there is no way to tell the difference

[@sunsolstar]

Artificially overpriced rocks

[@JTOTHEW3000]

SURE one is a diamond, the other is like printing money...One has value...the other is inflated.

[@diegojines-us9pc]

digging with slave wages vs lab workers, which is inflated?

[@JTOTHEW3000]

@@diegojines-us9pc You are right in that aspect too. The entire way in which blood diamonds are procured is reprehensible. If you're a lab worker, your skilled labor and your value are different from those of the slave kid in the mine. I have empathy for the child or adult slaving for crumbs in servitude to an evil corporation. One is in a dirty, dangerous mine, and one is in a clean room. Both are working to keep this trade going. Both are producing real diamonds. One has just found a better way to do it. So, how is the kid in the mine still employed? You would think that once we found a way to do it safely, the other would become irrelavant.

[@user-sk2ix7fv2q]

@@diegojines-us9pc the lab workers in china getting paid 1 dollar a day ? vs the highly trained and well paid workers in bostwana and namibia who have made careers in the diamond industry ? its not the 90s anymore

[@user-sk2ix7fv2q]

@@JTOTHEW3000 that was 30 years ago , blood diamond child miners etc is a thing of the past .

[@okistewart1359]

Lab grown diamond, meats, babies and later humen!!! 😢

[@juanelos]

Lab grown won’t hold resale value….get the clearest natural diamond you can afford 💯

[@mrvincentpcspes]

Same applies to fake Rolexes.

[@hangtime1111]

I bought every lab grown stock question will I be millionaire or billionaire

[@maestrovso]

The only diamonds that I care for are tools diamonds. All else are man made vanity driven by De Beers.

[@HELPINGHAND03]

You should tell your partner maaaannnn what? it’s the same stone chemically & physically…. They tryna save face on natural diamonds market value

[@_33Illuminate]

The real difference is they’ll get better and start making these lap grown diamonds at a crazy rate and over time they’ll be worth pennies on the dollar 💍 What’s next lap grown gold?

[@californigirl]

Nothibg. They are both diamonds. DeBeers doesn't want you knowing that.

[@goldbud2287]

Does big Mike like diamonds ?

[@Nazoto]

If you're gonna invest in diamond... Don't, just invest in something better

[@kgt87]

BUY ONLY LAB GROWN AND PUT THE DeBEERS FAMILY SYNDICATE OUT OF BUSINESS!

[@Payaso_M13]

Unsubscribe how dare you give my wife thoughts about this !

[@theodorabruin4601]

So if they're diamonds also, how can a jeweler tell the difference? Etched number or something?

[@nunyabiznez666]

The ones with value are laser etched, invisible to the eye.

[@piedpiper7051]

I think lab formed have no occlusions in them unlike natural stones.

[@user-sk2ix7fv2q]

lab grown detector, its a machine that can tell in seconds

[@RagnarGartnar]

Now diamonds don't have value anymore

[@BloodTypeMatters]

2 comments…. Don’t get married fellas & don’t buy a lab-grown diamond.

[@justinlawrence111]

It’s a rock

[@Alex.McManus]

Nice try. Still not falling for the marriage trap.

[@lynnap2478]

Only difference, one is from the earth and one in a lab

[@x-armysarge]

Cubic Zirconia, or real?? Nike, or Walmart brand?

[@karenmcbride1264]

I got it right! 😮

[@aceocean3450]

I don’t think no child in Africa should die or be enslaved for a diamond especially if I can get a real diamond lab grown

[@user-sk2ix7fv2q]

where would be that ? there are no children being reported in diamond mining for decades pal this isnt the 90s

[@DevBabu-o5z]

❤Thunkyou very much

[@isoawe1888]

Not going to buy another diamond … EVER! So I’ll ask. If a diamond is a diamond , how can a jewelry store tell you later that yours is lab grown ? Sounds like you’re not telling us something. Just sayin.

[@George-664]

Moissanites are the best.

[@BigErnieBrown]

This lady doesn't sound as educated as she should