The Latest on Synthetic Diamonds | Dr. James Shigley | GIA at JCK

[@SlainteFromFlorida]

I really love the disruption lab grown diamonds are causing in the industry. Diamonds are a perfectly marketed racket.

[@Spocker93]

I'm still waiting for the disruption.........

[@prtygrl5077]

@@Spocker93 After 5 years, I'm still waiting for the disruption 😂 no body wants to have synthetic ones. It's not about the material. It's all about the natural rock being in the soil for millions of years and having a millions years of history. The growers think we buy them for the crystal 😂

[@eszternagy4196]

Dr. James Shigley you are the best ❤️

[@ActiveAtom]

Thanking you in advance as we watch and listen in very closely. Carlsbad a really nice living and working place located in Southern California along the California coast. JCK show 2019 really opened the synthetic diamonds, we are two watchmakers that are as thrilled as one can imagine since being into the lab grown diamond knowledge base since 2005. Very much for these two guys to think about is there in fact a value because of the the geological time effort versus the synthetic time efforts? Lance & Patrick.

[@EliezaBaby]

Why GIA call it synthetic diamonds if it's the same as earth diamonds in composition ? Should just be call lab created . Synthetic means not real or fake .

[@niceratio1]

I don't think the word synthetic should be put under a bad light. They are synthetic diamonds. They are made by a synthesis and also are not natural. that being said they are exactly the same as natural diamonds.. just the origin is different.

[@anthonybellefontaine6964]

In gemmology, synthetic means the same as natural but man-made. So synthetic sapphire is a sapphire made in a lab and synthetic diamonds are diamonds that are made in a lab. Exactly the same material just man-made. The word you are after for not real or fake is simulant/simulated. Things like CZ and Moissanite would be a simulant.

[@thomasrudder9639]

See ya Debeers, and all you thieves that have been ripping people off for the past 100 years. Here comes justice!

[@David-vb8tg]

I doubt it they are powerful enough to sweep in and dominate the lab grown market. They have been making lab gowns for a long time already mainly for industrial uses. They will probably roll out lab growns on the market for cheaper than anyone else can and then market them as inferior to naturals. People will swallow it. You are never going to have a ticket out of having to spend 10-20k on and engagement ring either way i'll tell you that for free.

[@amandaking6824]

They have gem quality lab growns. Lightboxjewelry.com its literally lightbox by de beers... they are going to dominate because they sell their lab diamonds at 800 dollars a carat.

[@Videos-xe1oh]

I wonder if he is paid off by DeBeers. Also no one needs the Gia to tell them their lab grown diamonds are perfect!

[@gigie555]

DeBeers hasn't had a monopoly on diamonds in years. Lab grown diamonds are OK and can be enjoyed in jewelry as long as you know that they are not natural diamonds, since these are naturally scarce and hold more value to people who appreciate diamonds. GIA is simply advocating for transparency and full disclosure. They are not working for DeBeers. Thank God GIA is there to stop the scammers who will try to pass off lab grown diamonds as natural ones.

[@shibbidydoowop]

So don't, gia certs are for collectors and the ones concerned with origin and authentication. They need to research lab grown diamonds to discern characteristics that seperate them from naturals. Believe it or not, there are people who want the real thing.

[@natemann333]

It is becoming more difficult for small time diamond buyers like myself with the consumer market buying these synthetics. There is without a doubt more marketing on these stones than natural diamonds to the retail market. Without advanced equipment some of these are extremely difficult to tell apart from natural stones. Not to mention the majority of synthetics cost just as much as natural diamonds, yet have almost no value in the secondary market. Thanks for the info!

[@robertbrandywine]

Synthetics don't cost as much as natural diamonds.

[@jesseg9088]

Exactly who and what is GIA. Well there the folkes that give you reasons to spend a lot of money. They are people with a agenda and a opinion. They establish and maintain high prices for gems.

[@nievese2929]

This will really impact the low end of diamonds. But the high end will hold because the rich will back mined diamonds.

[@jamilutanimu6435]

So we need join for your company

[@sajjadkhan-bm7kl]

Hello sir how to check rough diamond colour

[@AfsalPA]

Why is it so important to identify natural or lab grown if both look the same with same hardness and all ?? Actullay lab grown diamonds are more environmental friendly and less labor exploiting and they are the future for sure !!! we don't need GIA anymore .... GIA is becoming obsolete.

[@akshatsrivastava5413]

@Preeti Agarwalyou r right i am selling lab grown diamonds and there is no difference between lab grown and natural diamond

[@gemstarstation]

Monopoly

[@gemstarstation]

@Preeti Agarwal Pricing is a result of manipulated markets.

[@margarets4610]

If you want to secure your investments, go for the natural one. Eventually lab grown will have zero value..

[@leono7380]

I dont want a fake diamond it has no value.

[@nievese2929]

I’m all for lab diamonds! But the industry will do their best not to honor the reselling of lab diamonds...and smaller businesses will support that. But if the demand for them sky rocket...they will have no choice!

[@Spocker93]

The supply of lab-grown diamonds is increasing faster than the demand, so, no chance of a real second-hand market.

[@nickicampbell-barker5494]

I don't understand why they are still so expensive and I will always love the genuine natural diamonds hands down. OK I admit that mining can be dangerous and lab created diamonds stop things like "blood diamonds!" so for that matter alone lab created diamonds are a lot safer, however I would rather have a natural real grown diamond any day. My conscience would be far clearer especially when I buy a diamond solitaire as a gift for someone special.

[@williambuck5617]

simply put the whole diamond as a gem industry is f..ked no diamond you buy can you be sure is a real natural diamond unless its a well known old one the value of the diamond is done soon people will be able to grow them in their homes and in all sizes making the millions of dollar ones worthless this is justice for them being over priced for many years and the whole industry being currupt

[@odilefrappierdemontbenoitd7282]

Yes IT IS A RACKET

[@maximhollandnederlandthene7640]

I think Gold and other metals will be getting a more better investment, as is in many centuries. 🙂

[@misterbanshee7992]

Won’t lab diamonds in future be so cheap to make it will cost the same as buying cz. I know cutting isn’t cheap though

[@gigie555]

That's right. Back in the late nineteenth century, they started creating lab grown rubies. They became all the rage back then because people who could not afford a natural ruby could buy them at an affordable price. But as they produced more, the prices went down and people lost interest in them as an investment. They can now be had for a few dollars a carat. The same thing will happen with lab grown diamonds.

[@misterbanshee7992]

gigie555 probably take a good 30 years for diamond to get that cheap. I have a hard time even finding well cut cz or white sapphire.

[@kolkatagems]

These will also help to save nature.

[@gemgemstoned4556]

We have rough and polished

[@heinousnesslesssweetness5857]

Time and blood

[@maximhollandnederlandthene7640]

The Beers also started to make them I heared. Haha 😅

[@Videos-xe1oh]

MeLee is trash left when you cut a diamond.

I'm convinced to never buy a mined diamond. The lab versions are better looking along with being environmentally and morally more desired. As technology improves the mined diamonds should be expected to drop in value even more. Ideally you can get the best value from synthetic stones like moissanite or cubic zirconia which are even less costly than lab grown diamonds. Get an engagement ring with a synthetic and it will provide a better future for your marriage because you are more prudent with money.

[@shibbidydoowop]

A rare commodity only holds its value if it's in fact rare. If you get a lab grown you could save some money sure, but expect 0 resale value as it is not rare by any sense. The same goes for things like currency. If you're willing to use cubic zirconia in an engagement ring, why even pantomime the ritualistic archetype of proposal with a ring at all? To each his own. I do agree that the allure of diamonds has been hyped up through history but to charge 75% of the price for a lab grown that has no value at all is an even bigger sham.

[@shibbidydoowop]

@ I think we just have different points of view on where value is in this arena. The point that a lab grown diamond 'could' be better in the 4 C's is irrelevant. That's interchangeable between any 2 stones you compare; natural or lab grown. I can see the merit in your point of view but, for me personally, I rather have a stone that has some resale value and potential. Lab diamonds will only get cheaper with time (which is great as long as it's being disclosed as lab grown). I cant see natural diamonds becoming cheaper. With luxury items that store value and have no utilitarian purpose, rarity is of the utmost importance. A lab grown diamond may have psychological value and value in savings for the consumer but will never be a store of value. For instance, you could alloy brass in a way that it looks identical to gold, it will never hold value like gold though. Admittedly, diamonds are of more arbitrary value than gold, but my example is analogous. My biggest issue though is lab grown diamonds being passed off as natural to consumers. That's really where my quandary lies.

[@JoelBondurant]

GIA is becoming obsolete.

[@Muonium1]

What an idiotic comment. How are they becoming "obsolete"? If anything their relevance and importance is INCREASING with the increased need of the market to distinguish such product characteristics and the increased need for scientific research into various phenomena of synthetic gems.

[@gigie555]

I would agree with the previous reply. GIA is more essential than ever in order to stop scammers from passing off lab created diamonds as natural ones. It's all about transparency and disclosure. If you were making any kind of investment, not just diamonds, but say an investment in a stock. Would you not want full disclosure in order to protect your investment? I would.

[@badsantaclaus4522]

What happen when people buy real diamonds and change out the real diamonds replace with synthetic diamonds then return to stores. One day people will not buy real stones like other gemstone the value drop!. GIA iD100TM gem testing device what is the cost?..What?. The cost is crazy $4000 dollars I can see the Diamond business going down hill small business can not afford it.just to sell a few stone. Be to worried to lost money!. .So why sell.real?.

[@dcentral]

A jewelry shop that wants to sell me a $5,000-$30,000 engagement ring can't afford to buy a $4000 device to protect the consumer and industry's reputation from fraud?

[@nievese2929]

Says he won’t talk about commercial devices: ....talks about devices and gives tips before you consider buying the devices🖕🏽

[@Videos-xe1oh]

Lab grown diamonds are not Synthetic

[@niceratio1]

They are synthetic. The process of making lab diamonds are a synthesis. However they are the exact same as a natural diamond in terms of the carbon structure.

[@allenforehand3731]

The crowd isn't even listening to his bullshit. Bye bye blood diamonds!

[@tompipps3383]

TOM PIPPS . FOAM - BATON ROUGE LOUISIANA USA . HI HELLO &

[@simonkluczyk7092]

Synthetic diamonds always will be very BAD product without any future. I will never support the sale of synthetic (also known as lab-grown) diamonds, because I always support hard-working miners especially in Africa, where mining industry is for local african miners everything. Without this job, many people will lose their jobs, so diamond is only one- this 100% natural product, that gives work and a lot of joy to many people in Africa and all over the world. Remember one thing: When you buy lab-grown diamonds many miners for which mining diamonds in the mine is the only source of income for themselves and their families lose their jobs every day ************** PLEASE RESPECT AND SUPPORT MINERS **************

[@ericbell217]

What about the people that work at these labs? They are people too and receiving income from their work.

[@anklebiter9116]

Yes. I support lab jobs.

[@felixzhou1351]

How about digging up the earth, damaging the environment ???

[@gigie555]

@@felixzhou1351 There isn't an industry in the world that doesn't do some damage to the environment. How about the shale oil industry? If you are one of those drill baby drill guys, I would have to question your sincerity.

[@gwynwilliams4222]

Diamonds are not rare the diamond people are keeping them artificially high it's all ballocks buy lab grown and safe the world