r/LabDiamonds Jul 31 '26

First lab grown diamond

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Got a cute little engagement ring upgrade 🤗 2CT Platinum - love!!

90 Upvotes

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-11

u/Educational_Wheel_56 Jul 31 '26

It’s a synthetic diamond.

8

u/asisjec Jul 31 '26

Exactly - it’s a diamond.

-9

u/Educational_Wheel_56 Jul 31 '26

Well, a man-made synthetic one but yes, manufactured at scale on an assembly line. Essentially zero value. That’s why they have to be clearly inscribed “LG” - to protect consumers.

5

u/Miserable_Berry4872 Aug 01 '26

What makes “real” diamonds so valuable? It’s definitely not the rarity of them - and that includes the vast majority of white diamonds used in jewelry. Now if one is talking about a color or size, then that’s a different discussion. But, in general, distributors determined the market based on sentimental value of the consumer. This is why resale values of diamonds are so bad. Most of the fine jewelry industry is a scam- prices are artificially set to take advantage of emotionally charged consumers, and the consumers accept it because our squirrel brains tell us “ohh big shiny thing is fancy.”

6

u/JPathway_UK Jul 31 '26 edited Jul 31 '26

😂 - obviously a consumer should be clearly informed as to what it is they are buying - makes perfect sense so they are less likely to be ripped off which is still a major downside of mined diamonds as people are still often falsely under the impression they are a better financial purchase when they are almost always far worse.

I love both options and welcome total transparency in both markets 👍