Re:De Beers admits defeat over man-made diamonds
by tempestn on Wednesday May 30, 2018 @01:52AM
(#17185398)
For our second anniversary I got my wife a Moissanite stone to replace the relatively poor (I1) diamond in her engagement ring. It's larger, much more flawless, more attractive all around, and cheaper. She's happier having a beautiful stone without me wasting a bunch of our money on a diamond. (Wouldn't have bought the diamond in the first place, but it came with the ring, which we both loved.)
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Re:De Beers admits defeat over man-made diamonds
by himom on Wednesday May 30, 2018 @04:08AM
(#17185954)
Even though most jewelry and gems are seldom capital-efficient investments, moissanites likely retain more value as a percentage of retail purchase price than do diamonds. The main reason diamonds are expensive is demand, manufactured by shrewd marketing by De Beer’s since 1938. It could’ve been opals or rubies chosen to represent “what every bride should have.”