Diamond market
-
[email protected]replied to rockerface 🇺🇦 last edited by
I want a stone so un-natural that the mineral is named cthulite.
-
[email protected]replied to [email protected] last edited by
A Veblen good is a type of luxury good, named after American economist Thorstein Veblen, for which the demand increases as the price increases, in apparent contradiction of the law of demand, resulting in an upward-sloping demand curve. The higher prices of Veblen goods may make them desirable as a status symbol in the practices of conspicuous consumption and conspicuous leisure. A product may be a Veblen good because it is a positional good, something few others can own.
That said, part of the problem with lab-grown diamonds is that they're not competing against a rare commodity. They're competing against a powerful vertically integrated cartel. There isn't any real diamond shortage, just a supply-side monopoly. There isn't a natural high demand for diamonds, just a market saturated with aggressive advertising. There isn't a wholesale diamond exchange judging the rocks objectively on their quality, just a series of elaborate marketing gimmicks and scammy sales goons trying to upsell you.
Diamonds have always been a racket. The one blessing of manufactured diamonds is that they're no longer a racket putting market pressure on industrial grade diamond equipment. But the jewelry exists to separate gullible superficial status-fixated people from their money. Ethics was never part of the equation.
-
They aren't that much cheaper
Getting there, but not down to what I'd call cheaper yet
-
[email protected]replied to rockerface 🇺🇦 last edited by
These exist
It's a rabbit hole. Some of these things don't even have names. You can buy them and wear that shit in a ring. Some of them are wildly expensive. But imagine somebody asking you what that stone is and being able to say, I don't know lol
-
[email protected]replied to [email protected] last edited by
This. If you really want an economical alternative, moissanite is a great option. Obviously not 1 for 1, but pretty damn close for jewelry.
-
[email protected]replied to rockerface 🇺🇦 last edited by
Moissanite (Synthetic Silicon Carbide):
While natural silicon carbide (moissanite) does exist, it is extremely rare and is not used in jewelry. The moissanite used in jewelry is entirely synthetic.
Its properties, such as brilliance and hardness, make it a common alternative to diamonds.
YAG (Yttrium Aluminum Garnet):Originally developed for industrial and laser applications, YAG is sometimes used as a gemstone.
Although it is named a "garnet," it is not related to the natural garnet family of minerals.
Strontium Titanate:Developed in the mid-20th century as a diamond simulant.
It has a much higher dispersion than diamond, giving it a fiery brilliance, but it is too soft for practical jewelry use.
Synthetic Rutile:While natural rutile exists, the synthetic version created in the lab has been used as a gemstone due to its high dispersion and brilliance.
The synthetic version is engineered for specific optical qualities.
Titanium Sapphire (Ti:Sapphire):A synthetic material often used in lasers. While not commonly used in jewelry, it is a synthetic gemstone that does not naturally occur in this form.
These synthetic gemstones are often engineered for specific aesthetic, optical, or industrial purposes and are distinct from natural gemstones, either because they do not naturally occur in gem-quality form or because they are entirely man-made.Synthetic Alexandrite (Czochralski or Flame Fusion):
Although natural alexandrite exists, synthetic versions often have unique compositions or colors that don’t occur naturally, created purely for novelty.
Boron Nitride Crystals:Synthetic boron nitride can be engineered into gem-like forms. It’s extremely rare in nature and appears in fascinating, unusual forms in the lab.
Synthetic Opal (Novel Patterns):Lab-grown opals can exhibit color patterns or transparency levels not seen in natural opals, such as extreme brightness or perfectly uniform "play-of-color."
Synthetic Quartz Variants:Quartz can be synthesized with inclusions or colorations (e.g., deep purple or unique patterns) that are unattainable in natural environments.
Colored Synthetic Diamonds:Lab-created diamonds can be grown with colors that are extremely rare or impossible in nature, such as perfectly vibrant reds, blues, or even neon shades due to precise chemical doping.
Bismuth Crystals:While not technically a gemstone, synthetic bismuth crystals are grown in labs and have rainbow-colored, step-like structures not naturally found in geological settings.
Synthetic Spinel:While spinel exists naturally, synthetic spinel can be created in colors or with clarity not found in nature, such as vibrant neon hues.
Synthetic Perovskites:Perovskites are naturally occurring but rare in gem-quality form. Synthetic versions, often used in solar panels, can be cut into unusual, sparkling gems.
Synthetic Corundum with Patterns:Sapphire and ruby (corundum) can be synthesized with added colors or patterns, such as stars, gradients, or even mixed hues that are impossible naturally.
Gallium Nitride Crystals:Used in electronics but can be fashioned into gemstones with unusual optical properties, entirely absent from nature.
Synthetic Fluorite Variants:While fluorite exists in nature, synthetic fluorite can exhibit colors and patterns engineered for jewelry or purely aesthetic purposes.
Zirconium Carbide or Nitride:These materials are synthetic and metallic, with a high refractive index and an unusual, futuristic appearance when polished.
Metal-Organic Framework (MOF) Crystals:MOFs are a class of synthetic porous crystals with complex geometric structures and vibrant colors, making them unique and striking.
Hyper-Modified Glass or Vitreous Materials:Glass-like gemstones doped with rare elements (such as europium or neodymium) can fluoresce or shift colors in ways impossible in natural stones.
Synthetic Garnets (Uncommon Types):Garnets like gadolinium gallium garnet (GGG) or yttrium iron garnet (YIG) are synthesized for industrial purposes but can be cut into gemstones.
These stones are not just rare but impossible to find naturally, offering a unique and unconventional aesthetic perfect for someone looking to stand out.Synthetic Alexandrite (Czochralski or Flame Fusion):
Although natural alexandrite exists, synthetic versions often have unique compositions or colors that don’t occur naturally, created purely for novelty.
Boron Nitride Crystals:Synthetic boron nitride can be engineered into gem-like forms. It’s extremely rare in nature and appears in fascinating, unusual forms in the lab.
Synthetic Opal (Novel Patterns):Lab-grown opals can exhibit color patterns or transparency levels not seen in natural opals, such as extreme brightness or perfectly uniform "play-of-color."
Synthetic Quartz Variants:Quartz can be synthesized with inclusions or colorations (e.g., deep purple or unique patterns) that are unattainable in natural environments.
Colored Synthetic Diamonds:Lab-created diamonds can be grown with colors that are extremely rare or impossible in nature, such as perfectly vibrant reds, blues, or even neon shades due to precise chemical doping.
Bismuth Crystals:While not technically a gemstone, synthetic bismuth crystals are grown in labs and have rainbow-colored, step-like structures not naturally found in geological settings.
Synthetic Spinel:While spinel exists naturally, synthetic spinel can be created in colors or with clarity not found in nature, such as vibrant neon hues.
Synthetic Perovskites:Perovskites are naturally occurring but rare in gem-quality form. Synthetic versions, often used in solar panels, can be cut into unusual, sparkling gems.
Synthetic Corundum with Patterns:Sapphire and ruby (corundum) can be synthesized with added colors or patterns, such as stars, gradients, or even mixed hues that are impossible naturally.
Gallium Nitride Crystals:Used in electronics but can be fashioned into gemstones with unusual optical properties, entirely absent from nature.
Synthetic Fluorite Variants:While fluorite exists in nature, synthetic fluorite can exhibit colors and patterns engineered for jewelry or purely aesthetic purposes.
Zirconium Carbide or Nitride:These materials are synthetic and metallic, with a high refractive index and an unusual, futuristic appearance when polished.
Metal-Organic Framework (MOF) Crystals:MOFs are a class of synthetic porous crystals with complex geometric structures and vibrant colors, making them unique and striking.
Hyper-Modified Glass or Vitreous Materials:Glass-like gemstones doped with rare elements (such as europium or neodymium) can fluoresce or shift colors in ways impossible in natural stones.
Synthetic Garnets (Uncommon Types):Garnets like gadolinium gallium garnet (GGG) or yttrium iron garnet (YIG) are synthesized for industrial purposes but can be cut into gemstones.
These stones are not just rare but impossible to find naturally, offering a unique and unconventional aesthetic perfect for someone looking to stand out. -
[email protected]replied to [email protected] last edited by
In it, you see a tiny civilization. You are the cosmic horror.
-
Anything to the effect of "this ring isn't expensive enough" is the only reason you need to never marry that person.
-
This is fascinating and badass. Now I want a crazy neon pink gemstone.
-
1/10 to 1/20 the price. Literally an order of magnitude cheaper. I bought a bunch of people diamonds for Christmas this year.
-
[email protected]replied to [email protected] last edited by
Best comment that I also hated reading all month.
-
They arguably refract better and don't have a history of slavery and death.
-
Dharma Curious (he/him)replied to Mr. Zeus last edited by
My (former) best friend got married young, and her and her husband had rings they got at the flea market that cost about 20 bucks a piece. I always respected the hell out of her for that. Her sisters tried to make it out like it was some kind of bad omen, or like it meant they didn't love each other. She had a lot of pressure to cave into and act like a snotty brat about the cost of the rings. She never did, and loved her cheap ass flea market ring.
She turned out to be a terrible person in a multitude of other ways, but on that note, good for her.
-
[email protected]replied to [email protected] last edited by
So the answer is just to buy a lab-grown diamond, and then tell everyone it's real, because once the poors have it, it won't be cool anymore
-
[email protected]replied to [email protected] last edited by
Before I proposed, my (now)wife and I discussed this and we did some research, then went with Moissanite.
She has a ring with a huge very shiny stone that doesn't break when it hits something, and we both also still have some money left.
It's awesome that all these other options exist as well!
(Similarly, we got married at home with a friend as an officiant* and only close family present. It was great.
*He had earlier gotten himself ordained by mail so he could officiate the wedding of his own daughter.)
-
[email protected]replied to [email protected] last edited by
For April Fools, Cards Against Humanity was literally selling diamond studded potatoes for $69.99 (USD) - and claimed a $1000 value, which I'm sure they would be at retail prices.
The FAQ said they had thousands of them, but I didn't get there in time.
-
[email protected]replied to [email protected] last edited by
The suffering has absolutely nothing to do with their value. It’s shit like this dilutes the water of topical debate. But why does that matter when you can hitch your agenda to a sting of words that sound deep and impactful.
Here is a simple and easy to understand unbiased explanation of why diamonds are valuable.
-
Queen HawlSerareplied to [email protected] last edited by
The fact that the human race sees scarcity as a good thing....
Is everything I need to justify misanthropy in its most literal form (Hatred of humanity)
-
[email protected]replied to Dharma Curious (he/him) last edited by
Not the ending I was expecting.
-
[email protected]replied to Dharma Curious (he/him) last edited by
360 nopost