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(RealClear)   Extremely rare blue diamond found in South Africa is just another overpriced carbon atom lattice randomly made by nature   (realclear.com) divider line 112
    More: Interesting, South Africa, diamonds  
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9010 clicks; posted to Main » on 22 Jan 2014 at 2:44 PM (39 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2014-01-22 08:01:58 PM  

miniflea: Shadow Blasko: miniflea: Is this the thread where I pop in and say I bought my wife an amethyst engagement ring because her favorite color is purple?

Something wrong with a nice alexandrite?

Not unless you count me being unaware of it.  She likes amethyst, was happy with her ring, and we are happy with each other, which is more than can be said for some guys I know who paid ten times what I did for the rings they bought.


Amethyst is a strong, beautiful stone. You really can't go wrong with quartz.

Me, I'm more of a garnet person. Doesn't hurt that it's my birthstone. I really don't get the appeal of diamonds, but... what can you do.
 
2014-01-22 08:24:22 PM  
Hssssssssssss......
 
2014-01-22 09:19:41 PM  

bullsballs: Buttknuckle: I would really like to learn the history of how diamonds came to be a "thing".  Sure, I can understand it if you are interested in stones or geology, but not for the average person.  Whoever was able to create this market and turn it into what it is today is a genius and one of the best businessmen the world has seen so far.

DeBeers and the other cartels of diamonds made diamonds popular the world over.
As many diamonds that are released for sale each year, there are many more stored for the future.
It is called a monopoly in other words.



That's also why if you try to resell a diamond, you'll only get a pittance.  If diamonds really had any value, the resale market would be huge since diamonds don't age or wear.  But this would severely impact the market for selling 'new' diamonds, if not outright destroy it.  So most diamond jewelers won't even buy back diamonds, or, for the few that will, give you next to nothing.
 
2014-01-22 09:30:20 PM  

TheDirtyNacho: bullsballs: Buttknuckle: I would really like to learn the history of how diamonds came to be a "thing".  Sure, I can understand it if you are interested in stones or geology, but not for the average person.  Whoever was able to create this market and turn it into what it is today is a genius and one of the best businessmen the world has seen so far.

DeBeers and the other cartels of diamonds made diamonds popular the world over.
As many diamonds that are released for sale each year, there are many more stored for the future.
It is called a monopoly in other words.


That's also why if you try to resell a diamond, you'll only get a pittance.  If diamonds really had any value, the resale market would be huge since diamonds don't age or wear.  But this would severely impact the market for selling 'new' diamonds, if not outright destroy it.  So most diamond jewelers won't even buy back diamonds, or, for the few that will, give you next to nothing.


Except these guys are willing to give you 100% of the price as long as you put it towards another diamond.

http://www.bluenile.com/diamond-upgrade-program

Apparently, the jewelry world is not too fond of blue nile...for other reasons as well.
 
2014-01-22 10:35:03 PM  
This is a good read.

I have been down into the Cullinan Mine. We were taken 1800+ meters (yes, meters) under ground and shown a fair bit of the operation, including watching a load of raw kimberlite get dumped from several large ore carts into the initial crusher. It's loud and very dusty. I have a couple of fist-sized pieces of the material in my rock collection. They aren't very pretty, but they are unique. I doubt many people who collect rocks & minerals would have it, since it breaks down quickly when exposed to the elements and most of it gets processed for its precious content.

And no, I haven't broken my pieces apart.
 
2014-01-22 10:43:50 PM  

relaxitsjustme: To The Escape Zeppelin!: On a related note, does anyone know big can they make artificial diamonds?

IIRC it was somewhere around 1/2 carat



The biggest for sale over at Gemesis.com is 1.34 carats.   Pretty respectable size these days.  I'm sure they can grow diamond wafers for electronics applications, too.

Diamonds do have resale value... basically if you look around you can probably get 40% below "rap" i.e. the Rapaport Report pricing sheet (based on various qualities of the diamond, the price per carat is listed).

The fact that you probably paid 6x that might not be very encouraging, but the value is not zero.
 
2014-01-22 10:49:43 PM  

Phins: My engagement ring has a simulated diamond


Phins: afraid they would get it mixed up with a real diamond and wouldn't be able to tell the difference.


Bullshiat. Utter bullshiat. A simulated diamond is not a diamond. A man-made diamond is a diamond. Any jeweler could tell the difference between a simulated and mined or man-made diamond. They manage to keep track of the different diamonds they have in stock, it's just farking stupid to think they could mix one of them up with a thing that is not a diamond.
 
2014-01-22 11:27:23 PM  

lindseyp: relaxitsjustme: To The Escape Zeppelin!: On a related note, does anyone know big can they make artificial diamonds?

IIRC it was somewhere around 1/2 carat


The biggest for sale over at Gemesis.com is 1.34 carats.   Pretty respectable size these days.  I'm sure they can grow diamond wafers for electronics applications, too.

Diamonds do have resale value... basically if you look around you can probably get 40% below "rap" i.e. the Rapaport Report pricing sheet (based on various qualities of the diamond, the price per carat is listed).

The fact that you probably paid 6x that might not be very encouraging, but the value is not zero.


Didn't know that. Interesting enough they're also more expensive.

Gemesis: Round 1.16 G VVS2 Ideal $9031
Blue Nile: Round 1.16 G VVS2 Ideal $8752

Couldn't find a diamond greater than G either.  You would think that in a lab setting every damn one would get E~D.
 
2014-01-22 11:38:25 PM  
www.realclear.com

I just want to smoke it.
 
2014-01-22 11:40:04 PM  
I bought my wife, for our 10, 1 carat center stone. For 15, 1.5. Then I decided they were getting too expensive for the bigger ones. was gonna go for  2 carat for 20 years, way too much money.
 
2014-01-23 03:36:04 AM  
Mankinds obsession with owning the rare and useless to appear a better mate and attain social standing is depressing.

jaredsurnamer.files.wordpress.com
 
2014-01-23 04:43:59 AM  

x1v16: Mankinds obsession with owning the rare and useless to appear a better mate and attain social standing is depressing.

[jaredsurnamer.files.wordpress.com image 384x288]


Naked apes with the minds of Corvids.
 
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