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GIA's New Synthetic Diamond Report
Post#1 @
12-10-06
, 11:15 AM
I saw this info on another board and had to check it out. Sorry if this has already been reported, but it was big news to me! GIA will now be issueing reports for synthetic diamonds starting Jan 2007!! http://www.gia.edu/newsroom/608/275...ase_details.cfm |
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Re: GIA's New Synthetic Diamond Report
Post#2 @
12-10-06
, 11:32 AM
And so it begins....  I think this is great news. It will be very interesting to see which of the high end retailers carry them and which refuse to touch them, and how that will change over time. Diamlady, what's your opinion on synthetic diamonds? Would you buy them if say they were 50% less then natural diamond? What's everyone else's opinion of buying them? |
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Re: GIA's New Synthetic Diamond Report
Post#3 @
12-10-06
, 11:55 AM
I personally wouldn't buy them - regardless of cost. Just as I wouldn't buy a laser drilled stone or a CE stone. I'd rather save my pennies and buy something extra special and natural. |
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Re: GIA's New Synthetic Diamond Report
Post#4 @
12-10-06
, 12:01 PM
Adylon, I don't know. I have issues with the colored synthetics already. I do like them but only in certain cases, and most of the current synthetic colors are far too vibrant for my tastes. Now if they could make more subdued lighter versions, I would prefer those. The pinks are really the only color that I like in all tones from light to deep. As for colorless.. I don't know. I'd want to see some good pictures first. And the cost would have to drop considerably for me to consider synthetic as opposed to real. I don't think that will happen anytime soon. But if it did......... hmm..... it would give me something to seriously consider. |
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Re: GIA's New Synthetic Diamond Report
Post#5 @
12-10-06
, 12:11 PM
I am not sure that I would want a synthetic, but I do know plenty of people who would. I guess it depends on how you look at things. I am with DJ on this one in that I would rather have a smaller real diaomnd without out any enhancements. But, as long as the person knows what they are buying I can see that there would really be a market for them. |
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Re: GIA's New Synthetic Diamond Report
Post#6 @
12-10-06
, 12:17 PM
Diamlady, not all synthetic gemstones are equal, in fact most of them aren't even synthetic but are some other material made to look like the natural gem. If a synthetic saphire was 100% pure saphire crystal with the same color and sparkle, would your opinion change? These synthetic diamonds are pure carbon. Real diamond. And they can be cut just as brilliant and sparkle just as nicely as a natural diamond. The word "synthetic" will need an overhaul that's for sure, so people understand it really means "man made" rather then "poor quality". My opinion on the matter --- I think women will buy them, not men. And women will buy a lot. The diamond industry has run all those ads for right hand rings empowering women, trying to get them buy more, etc.... but they don't. Women don't enjoy shopping for jewelry, they feel intimidated when they enter a store and feel like the jeweler is just there trying to make them buy something rather then show them designer jewelry that's fresh and exciting to wear. But the synthetic diamond will make that more of a reality. Many women won't care if the diamond is natural or manmade, it is after all real diamond, and it sparkles just as well and is just as hard. So I think designer fashion jewelry with precious metals and synthetic diamonds will be the next big rage. But most men I think will always be buying natural diamonds for engagement rings I suspect. And it won't be 1 carat SI2/H diamonds, it will be the 3+ carat VVS/E variety or the 2+ carat VS natural blue or yellows, those are the true rare gems. The men that can't afford them but still want something natural and untouched will look at gemstones more and more and I think that's where you're going to see an explosion in value. A lot of $200 natural gems are more rare then some of today's $2000 natural diamond. The market will correct for these stones I think. |
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Re: GIA's New Synthetic Diamond Report
Post#7 @
12-10-06
, 12:38 PM
Quote:
I know this wasn't directed at me but I can whole heartedly say, NO my opinion wouldn't change. I'm also not convinced that a huge proportion of women will flood to them either - certainly not in the short term. Neither am I convinced that men will no longer look to smaller natural diamonds for ERs. I think if they have a limited budget, they will stick to natural stones of a size and quality they can afford. I am very curious about women not enjoying jewelry shopping though. Obviously, here on DT we are somewhat jewelry obsessed which wouldn't help if we were to run a poll. I'm going to ask all my GFs this week how they feel about jewelry shopping in general - I'll report back! |
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Re: GIA's New Synthetic Diamond Report
Post#8 @
12-10-06
, 02:58 PM
Interesting DiamLady Thanks for letting us know! I'm with DJ on this matter... |
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Re: GIA's New Synthetic Diamond Report
Post#9 @
12-10-06
, 04:34 PM
Quote:
Diamlady, Thanks for passing along that link, I am not a huge fan of synthetic diamonds, however it is a great resource to pass along and use myself. |
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Re: GIA's New Synthetic Diamond Report
Post#10 @
12-10-06
, 06:17 PM
Quote:
Well, can't say I personally agree with much in this post. 1) Of the women I know who like diamonds, they prefer natural diamonds -- that's much of the point of diamonds for them; 2) I love shopping for jewelry and more *men* I know are intimidated by walking into jewelry stores than women; 3) I don't know anybody with a 3 carat engagement ring, though I know plenty of people (like people on this board) do have rocks that big; I also know more men who would *rather* avoid the expensive diamonds in favor of synthetic (assuming it's less expensive) or a different type of stone but *wouldn't* unless it's what their lady wants them to do; further, if the market corrects for the overvaluation of diamonds, it won't happen in any of our lifetimes. But you guys are the ones selling the jewelry so you know what is actually happening better than I do. This post just doesn't reflect my little anecdotal tribe of peers.
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Re: GIA's New Synthetic Diamond Report
Post#11 @
12-10-06
, 06:45 PM
Quote:
There was a jewelry trade magazine I recently read that either Debeers or the Gold Council or Jewelers of America or some large jewelry organization conducted a very thorough study to find out why women don't shop as much as they do, etc... and why jewelry underperformed so much against all other products people spend disposable income on. And most found the reason was they were intimidated, felt they couldn't trust their jeweler, that the jewelers were always pushy to close a sale, the products were boring, etc. They found this behavior by the jewelers and perception from the consumer was causing women to spend their disposable income on things like Coach purses, Gucci Sunglasses or Prada shoes, etc., and their "accessory" money was not really being spent on jewelry. I'll see if I can find the article and scan it for you, it's a very interesting read. Some of the suggestions were that: #1 They try and bring some fresh, designer pieces. That too many people said they couldn't remember which jewelry was in which showcase between different jewelers because everyone's merchandise looked the same --- old and boring. #2 That jewelers not try to be pushy and ENCOURAGE window shoppers just like all the other women's accessories boutiques have done. Let her try it on, never push her to buy anything, and encourage her to always come back even just to talk about jewelry. #3 Make displays organized by colors or types of fashions rather then just bracelets, necklaces, rings.... so that women can see how it may look as a set all together and or they can try and picture how the jewelry would look with them wearing it rather then just how it's just propped up in a display. Anhow it was very interesting reading. I'll see if I can find the article and show it to you. |
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Re: GIA's New Synthetic Diamond Report
Post#12 @
12-11-06
, 12:41 AM
OK I have scanned the article, I think it's really worth reading. The study was conducted by Debeer's. I kept the scanned images large to make it easy to read, so I couldn't attach them, and I uploaded them instead. I apologize for the fringing of the edges where it's photocopied. http://adylon.com/DR/JCK_Debeers_Study_1.JPG http://adylon.com/DR/JCK_Debeers_Study_2.JPG http://adylon.com/DR/JCK_Debeers_Study_3.JPG http://adylon.com/DR/JCK_Debeers_Study_4.JPG http://adylon.com/DR/JCK_Debeers_Study_5.JPG I know a lot of people here love diamonds, so do I believe me, but I admit that I love jewelry in general more. And I know change is inevitable, that's human nature. If you had asked someone 100 years ago if man would walk on the moon they would have thought you were crazy. If you had told someone 100 years ago that the US dollar would not be fixed to gold and that it would trade in an open market as paper only, they would have thought you were nuts too. Fortunately for us, our government is able to do a very good job of artificially inflating the value of the dollar and making everyone think this paper is worth something, but that's a discussion for another day  We'll see if Debeer's can do the same for diamonds, especially through these very changing times.But anyhow, I'm curious and I want to pose another question for you ladies to think about. Say they were able to duplicate gold or platinum exactly like they now can do with diamond. Right down to the molecular detail it was exactly the same. Think Star Trek... you asked the replactor for 1 kilo of gold and walla there it magically appears. Would that keep you from wearing this "synthetic gold" or "synthetic platinum" just because it was not extracted from the Earth? |
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Last edited by Adylon : 12-11-06 at 01:02 AM.
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Re: GIA's New Synthetic Diamond Report
Quote:
Adylon, Great comment and I will have to take a look a the different links. I will be the first to comment on the Synthetic Gold, I think it is a little different with the process of gold vs how a diamond is made both in the earth vs synthetic. I think that it is much more impressive, on how a diamond is formed naturally and the complexity of duplicating of them I feel that there will be too many cookie cutter replications. |
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