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Forum
-> Fashion and Beauty
amother
OP
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Mon, Nov 27 2023, 8:41 pm
Our kallah and her chosson were looking at rings and she mentioned liking one that is lab created.
Does anyone know what this is? How does it differ from a regular diamond? Would it be OK for her engagement ring?
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chanatron1000
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Mon, Nov 27 2023, 8:44 pm
It's a real diamond that's created in a lab, and it looks like any other diamond, but the resale value is lower, and its monetary value is less stable. Some people don't like the idea of a diamond that isn't mined, and some people prefer a mined diamond because they want the diamond to be a store of value. There's nothing wrong with them, and they are a little cheaper, so they're a great choice for people who either want to spend less or want a bigger diamond for their money and do not intend to resell the stone.
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amother
Mint
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Mon, Nov 27 2023, 9:35 pm
Newsflash- the resale value of a mined Diamond is also low.
The most you can get for selling your Diamond is 90% of its wholesale price.
Diamonds don’t retain value- it’s all marketing.
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chanatron1000
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Mon, Nov 27 2023, 9:50 pm
amother Mint wrote: | Newsflash- the resale value of a mined Diamond is also low.
The most you can get for selling your Diamond is 90% of its wholesale price.
Diamonds don’t retain value- it’s all marketing. |
That is true. Diamond jewelry is not a good financial investment.
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