News for hackers. Stuff that matters.

A comment on Synthetic diamonds are now purer, more beautiful, and cheaper than mined. Parent comment

Re:Synthetic diamonds are now purer, more beautiful, and che... by CatWChainsaw on Monday September 09, 2024 @09:47PM (#41496400)
On FM radio, Mervis Diamond Importers talks about how they offer both natural and lab-grown, but they make sure to mention that natural will "increase in value over time" (I assume because limited quantity + as lab becomes more common, natural becomes rarer). As cynical as I am, I'm sure they'd justify a high price for a natural diamond on those grounds, but also justify a similar high price for lab-growns because they're so environmentally conscious or something.
[ Parent | on HN ]
Re:Synthetic diamonds are now purer, more beautiful, and che... by red-iron-pine on Tuesday September 10, 2024 @02:23PM (#41503944)
they will not increase over time, and there is a ton of market proof to show that, going back to the 1980s.

e.g. https://www.theatlantic.com/magazine/archive/1982/02/have-yo... (spoiler: it's harder to do than you'd think, and you won't get anything near what you pay -- and that in the 80s, before synthetic diamonds pushed the market down further)

[ Parent | on HN ]
Re:Synthetic diamonds are now purer, more beautiful, and che... by CatWChainsaw on Tuesday September 10, 2024 @05:24PM (#41505738)
Figures they were lying through their teeth.
[ Parent | on HN ]