The reason why diamonds are so expensive can be explained as follows:- Why Diamonds Are So Expensive 1. In just one year, the price dropped 30%. A diamond is the hardest material on the earth and the most expensive gemstone as well. Just what you need to get through the hump. Will they fade away in popularity? As soon as you leave the jeweler with a diamond, it loses over 50 percent of its value. And in this particular situation, water would be more useful than the diamonds, which in economics refers to the utility of water being higher than that of diamonds. The demand for them is high, higher than the supply, and supply and demand is everything in this market.
Yellow diamonds are a variety of colored diamonds. Colored diamonds are considered the rarest gemstones on earth. Water is simultaneously one of the few things we absolutely cannot live without, and one of the things we value least. This distinction has no real meaning. See how the price of these cuts compare in this easy-to-read infographic that highlights the most expensive cuts for diamonds. Most of the diamonds found from the earth are not even a passable size and quality, and are used for industrial purposes. Lab created diamonds which have also been referred to as lab grown diamonds, synthetic diamonds, artificial diamonds, cultivated diamonds or cultured diamonds are man-made diamonds that will mirror a real, natural diamond.
Writing for the American Water Works Association, marketing strategist and executive Melanie Goetz addressed this paradox. However, white diamond supply is not really at risk. Brides love that this cut will sparkle and shine from across the room regardless of the size of the diamond. So for identical diamonds, the lab created choice were 25% more expensive than the natural diamond. Every woman thus gets attracted with the shine of diamonds and thus they long for it making the demand for diamonds rise in the market making the prices of diamonds rise in the market. A flawless, perfectly clear, well-proportioned stone will cost much more than a flawed diamond of the same carat weight.
The size or carat weight of a diamond is only one factor in calculating the value of the diamond. This gave the illusion that diamonds were exceedingly rare. If you purchased a lab created diamond just one year ago, you would see the same diamond on sale. These made good use of the small but nice-quality diamonds this find produced. As we plunge into a future of climate change and rapidly diminishing resources, it seems that many cities will soon be reconsidering how much we value those resources we need the most. Princess cut diamonds are incredibly brilliant, so the light travels throughout the stone and creates a blinding sparkle that hides inclusions.
The first thing that I noticed is that nobody seems to offer Canadian diamonds with the same level of cut quality offered by Brian Gavin. As expected as the natural price was, the price for the lab created diamond was alarming. If diamonds were to go back to being coveted for their rarity — a belief that had just been debunked — something would have to change, or else diamonds would become basically worthless. Among the more prosperous, there is the sophisticated urge to be different as a means of being smart. They should be half as expensive as theynow are. If there is no demand for a diamond, then it's worthless.
If you want to resell it, you have to pay less than wholesale to incent a diamond buyer to risk their own capital on the purchase. There can be other reasons for going with a lab created diamond I have had readers contact me that were engineers and were in love with the fact that it was created instead of natural , but you should recognize that lab-created diamonds seem to be a terrible value bet. Other than that, they hold no unique distinctions. American males enter adulthood through a peculiar rite of passage -- they spend most of their savings on a shiny piece of rock. Any piece of diamond that was genuinely owned by the them should be classified as an antique and quite expensive.
We analyzed many diamonds and the trend is the same. But the diamond market has positioned itself as a must have purchase when getting engaged hats off to DeBeers for incredible marketing the last 80 years. If you were planning to buy one, an auction house like Christies will be your best b … et. De Beers' marketing campaign single handedly made diamond rings the measure of one's success in America. The value of any diamond is assessed according to many different characteristics of the stone.
DeBeers artificially keeps the price of gemstone quality diamond high by restricting the ammount of diamonds that are on the market. Yes it does, because it is one. The grains are compressed so tightly that they will only allow pink light to penetrate and shine through the diamond. Your style, lifestyle, and personality are the true deciding factors when shopping for that ideal diamond. This diamond actually has ideal proportions, it has a total depth of 61.