Manufactured Diamonds
It takes millions of years to make a diamond - pure carbon under intense heat and pressure is what made diamonds in the earth billions of years ago.
But now, thanks to modern technology, these conditions can be recreated in the lab and the result is a stone identical to natural diamonds but at a fraction of the cost.
These manufactured diamonds are so close to the real thing, that most jewelers would not be able to tell the difference. To combat that, DeBeers, who has held a monopoly on the diamond industry by controlling most of the diamond mining has been doling out sohisticated equipment that is sensitive enough to tell the man made from the real thing.
Manufactured Diamonds VS Natural
The colored diamonds, which are rare to find naturally can be made as manufactured diamonds quicker than the colorless diamonds. Since colored diamonds such as the pink and yellow have become so popular, buying manufactured ones would allow people who normally can't afford them to buy jewelry made with these stones. The cost can be 50% less than natural diamonds.
For some this is a great thing - many people who couldn't even think about a piece of jewelry with diamonds can now afford it and others can afford to buy more if they go with manufactured diamonds.
Others just see these as fakes and still only want the real thing. Since this industry is rather new it remains to be seen if they will hold their value like the real thing. But if you are just buying a piece of jewelry for fun, maybe you don't care. In the end, you'll have to decide what's right for you based on cost and value.
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