June 18th, 2008

Smithsonian on Lab Grown Diamonds

generic diamond pictureSmithsonian Magazine covers Lab Grown Diamonds. Very interesting. Here’s a blurb:

“This is a virtual diamond mine,” says Apollo CEO Bryant Linares when I arrive at the company’s secret location, where diamonds are made. “If we were in Africa, we’d have barbed wire, security guards and watch towers. We can’t do that in Massachusetts.” Apollo’s directors worry about theft, corporate spies and their own safety. When Linares was at a diamond conference a few years ago, he says, a man he declines to describe slipped behind him as he was walking out of a hotel meeting room and said someone from a natural diamond company just might put a bullet in his head. “It was a scary moment,” Linares recalls.


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8 Responses to “Smithsonian on Lab Grown Diamonds”

  1. Anthony says:

    I had my misgivings regarding lab grown diamonds. Nature had to work millions of years to give you a rough diamond which in turn was cut in to a fiery piece of art.

    All the smart guys at Apollo do is go in to the lab, and hey presto, diamonds on demand.
    On hindsight, i was being harsh as not everyone has $5,000 to spend on a diamond engagement ring.
    So more power to them but Mr. Bryant is right to watch his back. His company can cause a major dent in the pockets of De beers and Co!!

  2. i liked the article, but nothing beats a genuine mined diamond in my eyes. There’s just something magical about knowing it came out of the ground, not out of a lab.

  3. Carrie says:

    I guess I’m the odd woman out, but I have forbidden my boyfriend from purchasing a diamond. Although I know he intends to propose, I don’t want something so cliched. As an amateur geologist I don’t see the allure of something that is, quintessentially, a rock. All of the mystique around it is pure fabrication and although diamonds are beautiful and I would happily wear jewelry made of them, for something that means as much as an engagement ring will, I don’t want something everyone else has.

  4. I personally have seen some beautiful synthetic diamonds. I have a chemistry degree before I went into the diamond business but I must say I value the mined ones more.

  5. Great article, but I’m sure most people would agree that there is no substitute for genuine diamonds, however there is a market for these as a more affordable option for consumers to wear as everyday jewelery rather than as an engagement ring.

  6. people so naive… there no magic, only business and big and dirty money.

  7. I have to agree with carrie. There is nothing at all wrong with lab created diamonds. They are the wave of the future. Debeers has controlled the market for far too long overpricing people for decades. Its time for modern technology to take over and provide the consumer with a quality affordable stone!

  8. Edward says:

    Interesting article. That’s great that there is the technology for us to grow the stone as opposed to mining it from the earth. From what I actually gather from customers is that there is no comparison between a lab created diamond and a mined diamond even if the mined diamond is a lot more expensive. In my opinion the lab created diamonds are similar to that of moissanite’s value.

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