I suppose this is scientifically impressive. This 5.03 carat, synthetic lab grown blue diamond is the largest lab grown blue diamond ever seen. While that is true, but something tells me that nobody will be fighting over it at Sotheby’s like the natural Blue Moon diamond which fetched 48.5 million dollars at auction last November.
This may be the largest lab-grown blue diamond produced to date, but it’s still a synthetic, which means it doesn’t have a natural, earth-born pedigree. It may be big, but it cannot capture the timelessness of any natural diamond. “Oh this little thing? Produced last week. Yes indeed, it was hatched in a Russian laboratory in St. Petersburg, which may also be cloning troops for Count Dooku’s droid army.”
More critically: People are being sucked into buying lab grown diamonds without being told the long term implications. Natural diamonds have steadily appreciated in value over time. Synthetic diamonds can only depreciate, starting immediately. This principle is generally true of every technology, and lab grown diamonds are all about technology.
One of the things that impresses me most about Wink from High Performance Diamonds is that he backs every Crafted by Infinity diamond with a Lifetime Trade-in and Buy Back policy. Want to know why the Crafted by Infinity brand will never include lab grown diamonds? Because they don’t fit the brand’s value proposition. Lots of jewelers might be willing to earn a fast buck selling them, but none will want to buy them back years later. Nobody. I admit that my view may not be shared by everyone, but for me… Who cares if somebody produced the largest synthetic blue diamond of all time? We don’t even know whether it’s stable enough to withstand the test of time after a month or two. Whereas the Blue Moon diamond has more than a billion years of proof behind it.
Read the Full Story at GIA.edu
Photo credit: GIA