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Jewelry maker Pandora moves toward lab-made diamonds
cnbc ^

Posted on 05/15/2021 4:13:18 PM PDT by BenLurkin

Pandora’s new collection of lab-grown diamonds will be launched initially in the United Kingdom and will be available in other key markets next year, it said.

Pandora said it expected the diamond market to continue to grow, with sales of lab-grown diamonds outpacing overall growth.

Pandora’s lab-grown gems will be made using a technology in which a hydrocarbon gas mixture is heated to 800 Celsius (1,472 Fahrenheit), spurring carbon atoms to be deposited on a small seed diamond, growing into a crystal layer by layer.

Pandora, which has until now sourced mined diamonds from KGK Diamonds, said it will get its lab-grown stones from suppliers in Europe and North America.

Mined diamonds already in Pandora stores would still be sold, it said.

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy
KEYWORDS: diamonds; pandora
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To: Liz

yup cz has been a mainstay for a long time.

I did jewelry professionally a few decades back and now just dabble with beaded fun stuff... but When I personally lost a small diamond out of “whatever” I had my friend who would replace with cz.

Not sure how this new thing compares to CZ. CZ is quite beautiful


21 posted on 05/15/2021 4:57:36 PM PDT by DollyCali (Don't tell God how big your storm is -- tell the storm how big your God is!)
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To: DollyCali

OH BTW ,, i love Pandora. Wore my bracelet yesterday. Each bead/charm very meaningful.. Yes I have knock off bracelets but my genuine Pandora is my fav.


22 posted on 05/15/2021 4:58:56 PM PDT by DollyCali (Don't tell God how big your storm is -- tell the storm how big your God is!)
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To: BenLurkin

Fine then I would expect a price drop of at least 85%.


23 posted on 05/15/2021 5:00:09 PM PDT by Captain Peter Blood (https://www.freerepublic.com/focus/bloggers/3804407/posts?q=1&;page)
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To: BenLurkin

Diamonds made for industrial use have been around a long time


24 posted on 05/15/2021 5:01:50 PM PDT by Fledermaus (The Republican Party is DEAD! It took 160 years but The Whigs Struck Back!)
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To: Spirit of Liberty
What’s wrong with old-fashioned cubic zirconia?

Ask a gold-digger.

25 posted on 05/15/2021 5:03:40 PM PDT by wastedyears (The left would kill every single one of us and our families if they knew they could get away with it)
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To: untenured

If they can make the lab diamonds look “natural” then how is anyone going to tell the difference since the core material is going to be the same?

It’s like being able to convert lead to gold. One you can, the price of gold moves to the price of lead plus conversion costs.


26 posted on 05/15/2021 5:07:41 PM PDT by alternatives? (If our borders are not secure, why fund an army?)
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To: 98charlie

The same can be said about cultured and natural pearls.


27 posted on 05/15/2021 5:27:53 PM PDT by 353FMG
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To: LegendHasIt

HE probably only eats filet mignon.


28 posted on 05/15/2021 5:30:40 PM PDT by 353FMG
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To: wastedyears

LOL Apparently I’m not one then. If a guy proposed to me with a diamond ring that cost the average of $5500, I’d seriously re-consider. It would be obvious we didn’t get each other.


29 posted on 05/15/2021 5:52:48 PM PDT by Spirit of Liberty (Idiots are of two kinds: those who try to be smart and those who think they are smart.)
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To: Liz

Pretty....but I would prefer one with a simple band and an emerald cut.


30 posted on 05/15/2021 5:57:49 PM PDT by RushIsMyTeddyBear (RIP my "teddy bear". )
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To: 98charlie

Diamonds aren’t rare.


31 posted on 05/15/2021 6:46:50 PM PDT by BiteYourSelf ( Earth first we'll strip mine the other planets later.)
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To: wastedyears

Saw a documentary on PBS (of all places!) once about the DeBeers monopoly, and how they bribe, or do whatever they have to in order to maintain that monopoly, and to push the fairy tale that diamonds are either rare, or have any real value.

Why don’t jewelry stores sell used stuff? SURELY it could be cleaned up, and resold, right? That is, unless the diamonds really are mostly worthless trinkets marked up by a global monopoly.


32 posted on 05/15/2021 6:54:36 PM PDT by FrankRizzo890
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To: BiteYourSelf

AMEN


33 posted on 05/15/2021 6:54:55 PM PDT by FrankRizzo890
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To: 98charlie

I’ve always heard that diamonds actually AREN’T rare, but the company that owns all the diamond mines limits their availability to keep the prices high.


34 posted on 05/15/2021 7:01:39 PM PDT by Flaming Conservative ((Pray without ceasing))
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To: BenLurkin

Jewelry store mark up is insane. My son frequents a Gold/Silver coin shop in his hometown that has a gemologist on staff. Guys come in often looking to sell an engagement ring from a relationship that went bust and are shocked to find out their retail purchase is only worth 1/4 of what they paid for it.


35 posted on 05/15/2021 7:09:22 PM PDT by Rebelbase
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To: wastedyears

Cache...”look dear...some poor sap dug through the earth and found this rare example of a rare physical process. I paid money to have them clean it...and cut it, so its SPARKLES and gives you the willies.....and I love you”...
Isn’t that more romantic than...”Using cheap labtech labor, we superpressured hydrocarbon gas at very high temp and deposited the carbon layer by layer and shaped it to SPARKLE and give you the fake willies...and pass the sammich”?
So we add a tth C to diamond selection...cut, color, clarity, and carat... and now cache...


36 posted on 05/15/2021 8:16:06 PM PDT by Getready (Wisdom is more valuable than gold and diamonds, and harder to find.)
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To: Getready

Learn how to proofread! tth = 5th.


37 posted on 05/15/2021 8:20:13 PM PDT by Getready (Wisdom is more valuable than gold and diamonds, and harder to find.)
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To: Getready

These lab made diamonds are DAMNED expensive check out a few of the web sites that sell them GEEZE!!


38 posted on 05/15/2021 8:23:15 PM PDT by Trump Girl Kit Cat (Yosemite Sam raising hell)
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To: Getready

Something like a guitar can bring you pleasure and entertainment for decades. You can even make money with it if you’re good enough.

What does a diamond do? Reflect/refract light?


39 posted on 05/16/2021 12:51:45 AM PDT by wastedyears (The left would kill every single one of us and our families if they knew they could get away with it)
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To: FrankRizzo890

I have my husband’s great-grandmother’s diamond engagement ring. It is pretty and the diamond is good quality, however the way diamonds were cut a hundred years ago is different than modern methods. The mine cut diamond is less brilliant than a modern faceted one.


40 posted on 05/16/2021 1:46:34 AM PDT by kalee
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