• Justas🇱🇹
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    17 days ago

    My wife is wears a .45 carat moissanite on her engagement ring. The stone cost 80 euros three years ago.

  • @[email protected]
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    12911 days ago

    Lab-grown rocks

    When I was getting married a few years ago, I remember thinking fuck real diamonds lab-grown are literally the same thing. I remember getting some push back from some weirdos about how “real” diamonds are some how better or how people will think I’m a cheapskate or how people will feel bad for my wife…

    Well, fast forward a few years and literally nobody cares, thinks about, or has said anything negative about my wife’s ring. We are both 1000000% happy and satisfied with the decision to buy lab grown.

    • @RedditWanderer
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      5911 days ago

      We said fuck diamonds entirely, even lab grown, and even had to go out of our way to find something that didnt have diamonds on it somehow

      • @voracitude
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        410 days ago

        I got us bare tungsten carbide bands. If “Diamonds are forever”, then tungsten carbide is 9.5/10ths of forever, and it’s the whole band instead of just a small easily-detachable part of it. More practically, it won’t get beat to hell like the white gold ring from my first marriage. Plus, if I ever need a really strong connector for jury-rigging something, I’m now carrying one with me at all times!

          • @voracitude
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            9 days ago

            So are diamonds, but hey - don’t pollute my symbol with your facts! As far as romance is concerned, hardness == durability, end of story :P

    • @[email protected]
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      1310 days ago

      We decided on some cheap silver rings. We really didn’t want to carry around something extremely valuable everywhere. Go swimming and lose 5000€ in the lake? Do some yard work and lose your diamond ring there? Getting mugged and the robber is getting something really expensive? No, thank you.

      Expensive wedding rings & jewelery did make sense in the past when women were not allowed their own money, bank accounts etc. as a way to escape an abusive husband. Pawn your expensive wedding ring, get cash for the getaway. But we’re not living in the 50s, my wife has her own bank account, is earning her own money, so no need for something like that.

      • @[email protected]
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        19 days ago

        We did the same. Some silver bands from a local artist.

        Paid off when one was lost. The artist was still available for a new order.

      • @AdrianTheFrog
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        110 days ago

        We decided on some cheap silver rings. We really didn’t want to carry around something extremely valuable everywhere. Go swimming and lose 5000€ in the lake? Do some yard work and lose your diamond ring there? Getting mugged and the robber is getting something really expensive? No, thank you.

        Yeah, on a similar note it is really nice to finally have a new phone, but I’ll miss the fact that losing my old phone would only set me back $50.

    • Flying Squid
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      610 days ago

      I gave my wife an engagement ring with natural diamonds, but it belonged to my great-grandmother who died in the 1940s, so I didn’t feel that there was an ethical issue.

    • @[email protected]
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      210 days ago

      I’ve unfortunately lost my wedding ring in palladium. My wife is planning to offer me a new one but this time I want a steel ring made by a local jeweler.

      Not because it is cheaper but because I am using my money in the right place.

      Precious metal/stones is a social flex saying “Look ! I can afford the labor of X African slaves that have worked in the mine to extract this mineral” (plus the ecological impact of mining)

      I’d rather spend money to buy the labor of a local artisan than buy African slave labor through a myriad of intermediaries

    • idunnololz
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      110 days ago

      Same. My SO’s ring looks great and easily looks 20 to 50x what it actually costs. We get to spend the savings on a honey moon with no compromises.

    • @TehWorld
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      4711 days ago

      I disagree. They ARE pretty. Just not as pretty as a rose or a sunset and yeah best used as industrial tooling.

      • @Feathercrown
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        2410 days ago

        I would rate them above roses personally. Below a good sunset though; nearly nothing manmade beats those

        • @froh42
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          1010 days ago

          Good sunsets are frequently man-made too, the most beautiful red glowing ones own their look to dust - air pollution.

        • @TehWorld
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          10 days ago

          Pedantry because funny: Diamonds and Roses aren’t man made either. On a more serious note, some things aren’t beautiful because they last but because they are fleeting.

          • Flying Squid
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            10 days ago

            Any rose you buy at a florist or other store is the product of centuries of selective breeding by horticulturists. So they are, in that sense, man-made. And now they’re getting into genetic modification.

            In fact, if you bought someone a dozen wild roses, they might be disappointed.

            Really, virtually anything plant-related you can buy in a store is a human creation at least in part. We don’t think of flowers we tend to grow and buy as domesticated, but they are.

          • @[email protected]
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            410 days ago

            Lots of diamonds are man made, and most people can’t tell them apart from natural diamonds, especially without a microscope.

            • @TehWorld
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              210 days ago

              True. My wife specifically requested a Moissanite. Most engagement rings are (sadly) still natural diamond.

          • @AdrianTheFrog
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            110 days ago

            Diamonds and Roses aren’t man made either.

            Yeah, but have you seen an unprocessed diamond? They don’t look all that interesting, especially when compared with other natural crystals. It certainly isn’t what most people think of when they picture a diamond.

        • @AdrianTheFrog
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          210 days ago

          Yes, but you can’t take a good sunset and put it somewhere where you can look at it whenever. Pictures don’t really convey the full experience.

    • @ch00f
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      11 days ago

      The same can be said for precious metals as well except precious metals can’t be manufactured. Their natural scarcity gives them some value beyond their utility.

      Diamonds however are not scarce.

  • @knexcar
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    7710 days ago

    Thank goodness, maybe I’ll finally be able to buy a diamond pickaxe for what few emeralds I have. I’ve been having to use stone tools in this economy and I’d really like some obsidian for a nether portal.

    • @Emerald
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      810 days ago

      I’d really like some obsidian for a nether portal.

      Water and lava buckets, you peasent

      • @[email protected]
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        910 days ago

        They said they were using stone tools. You think they’d have spare iron lying around for a bucket?

  • ᕙ(⇀‸↼‶)ᕗ
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    10 days ago

    i never understood why a mined diamond has a bigger value than an artificially made one when the only difference is the suffering of the workers. ppl who like diamonds are stupid.

      • @NatakuNox
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        410 days ago

        Yup. It someone wasn’t killed for it, it’s less valuable.

    • Flying Squid
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      2510 days ago

      There is this idea that seems to be really pervasive that natural is always better. And it’s not true so often. A common example I like to give is that natural almond extract contains cyanide and artificial almond extract does not. No, it isn’t enough cyanide to kill you, but I would say no cyanide is better than some cyanide.

      And a lot of those “natural is always better” people would happily take fentanyl over willow bark if they were in agony.

      • @[email protected]
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        1310 days ago

        I think a better analogy would be oxycodone or hydromorphone over opium but your point stands

      • @[email protected]
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        910 days ago

        Another aspect of this is that “natural” things like supplements are not usually “naturally occurring” but rather highly refined.

        • Flying Squid
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          410 days ago

          Indeed. As is arsenic. You can even find it in water supplies (especially in the U.S., where there are “acceptable” levels).

    • @DreamlandLividity
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      10 days ago

      Same reason diamonds are valued in the first place. Marketing campaigns tricking the gullible majority and most of the rest conforming to not stand out and cause issues for themselves.

      • @SparrowRanjitScaur
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        810 days ago

        Diamonds do make sense as gemstones because of their hardness. They’ll stay scratch free for life. But ya, the diamond industry is garbage.

        • @DreamlandLividity
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          10 days ago

          Maybe, but realistically, most jewelry will have them inlaid in gold anyway, which is not hard at all. So you need to take care not to scratch it regardless of what gem is used.

          Also, many other gems are harder then steel which is about the hardest thing your jewelry would come into contact with.

          So I would say the benefit is minor.

        • @JcbAzPx
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          310 days ago

          They’re too common to be truly valuable, though, and that’s before factoring in that you can just make them now.

    • @NotMyOldRedditName
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      10 days ago

      For a long time (and maybe still currently I don’t know) they weren’t able to make diamonds bigger like people want. So for a small diamond it might not make any sense, but there was a point where ones we made weren’t meeting what people wanted.

      • @AdrianTheFrog
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        210 days ago

        synthetic diamond sizes keep getting bigger, but it is much harder to make them I think

        As of 2023 the heaviest synthetic diamond ever made weighs 30.18 ct (6.0 g); the heaviest natural diamond ever found weighs 3167 ct (633.4 g). Wikipedia

        That would be 1.7 vs 181 cm3

        • @NotMyOldRedditName
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          10 days ago

          Well, if they’re getting that big, that’s big enough for a lot of jewelry now.

          • @AdrianTheFrog
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            110 days ago

            Yes, I would imagine that size would be comically large for like a ring or something

    • @[email protected]
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      39 days ago

      The first thing DeBeers tried was “artificial diamonds have imperfections, you want a real rock that’s selected to be as perfect as possible”. Then the artificial industry made diamonds so good that you could only tell the difference from the lack of imperfections. Then DeBeers marketing changed to “it’s too perfect, you want something that has the small imperfections of a natural process”.

  • @shalafi
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    5211 days ago

    Prices are so bad that De Beers is for sale?! Wild.

  • @finitebanjo
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    5110 days ago

    I respect jewelers and stonesetters as an art, but the rock itself has negative value in my eyes.

    • @sploosh
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      4010 days ago

      There’s nothing wrong with orderly carbon. There’s more than a few things wrong with Debeers

      • @[email protected]
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        610 days ago

        Literal monopoly company should have been banned from imports to the US dozens of years ago.

      • @AdrianTheFrog
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        310 days ago

        yeah, like the heat conduction thing is super cool, and the ability to scratch literally anything, while not particularly useful, is still pretty neat

        I bet once diamonds get cheap enough CPU manufacturers will start using them as heat spreaders on their high end chips

          • @AdrianTheFrog
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            19 days ago

            Yes, there just isn’t all that much use I would get from it personally, and I think diamond tools are already not all that expensive.

    • @Wogi
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      1510 days ago

      The rock is quite useful as an industrial tool. It’s when you cut it in to a fancy shape and wear it that it’s pretty useless.

      We use diamonds to test the hardness of materials, grind really hard things smaller, orient and locate specialized cutting tools, and cut through really hard things. Hell we sell garnet by the barrel to help cut through regular materials. Orderly carbon or, in many cases orderly aluminum oxide, is something we need a lot of. The price going down on those is actually good for manufacturing.

      • @finitebanjo
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        210 days ago

        But the industrial rocks are 90% manmade, the stonesetter diamonds were mined with slave labour or close to it, and people probably died for them.

      • Captain Aggravated
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        210 days ago

        I own twns of thousands of diamonds. most of them are embedded in metal plates and I use them to sharpen chisels. A few are on little wheels I use to cut steel.

  • @a9cx34udP4ZZ0
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    4410 days ago

    Bottom falls out on commodity made artifically rare through imperailism and corruption. Is this the part where I’m supposed to feel bad for De Beers?

    • @TankovayaDiviziya
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      1110 days ago

      To be fair, diamonds are indeed rare on earth. But what made diamond price come crashing is because we now managed to synthesise the diamonds. These “fake” diamonds flooded the market. This is good news so that we don’t have to rely on exploitative extraction of the mineral.

      • @[email protected]
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        1210 days ago

        Also because newer generations just aren’t sold on diamonds being a luxury item anymore. Your average Joe just isn’t paying their rent or more on a diamond engagement/wedding ring like they used to because, well, that’s their rent payment or mortgage for something that’s gonna lose value the second they walk out of the store.

      • @[email protected]
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        49 days ago

        They’re not especially rare, not even gem-quality ones. For several generations, almost every married woman in a western country had a diamond on her finger of some size. They found plenty of them to serve that market. The mines created artificial scarcity by colluding together.

        If lab grown had never happened, diamond mines might not have been able to serve industrial customers. Industrial customers don’t care how it looks as long as it cuts, and so lab grown has been good enough for decades. Thus, you can get a two-pack 4.5 inch diamond angle grinder wheel at Home Depot for around twenty bucks.

    • @sunbytes
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      59 days ago

      The free market manages to solve a problem.

      I wonder how much money it’s going to cost the diamond lobby to un-solve it.

  • Emotional_Series7814
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    4311 days ago

    Geoffrey Farrow at Raphael, a jeweller on the other side of the street, can only just bring himself to sell lab-grown diamonds. “They are synthetic,” he said. “Lab-grown sounds exotic, but it’s created – they make it by the buckets. There’s no history to it. The price is going to go down further and further.”

    I find that a very interesting perspective. I prefer the idea of something we made with human ingenuity as opposed to some thing you dug out of the dirt, probably with a shoddily-hidden special history of slavery and tears, and before that, just sitting in the ground like a bunch of other boring things. The history of a lab-grown is entirely mine and my hypothetical partner’s to create.

    If I was a diamond person anyways. I’d be more worried about losing the expensive ring somehow and worrying over it, and would much rather buy the cheapest thing that can still socially function as “look, I am married, don’t hit on me!” without having to wear some ugly shirt that says that. Ideally both me and my hypothetical partner would just forgo expensive rings (and don’t get me wrong, I’m adamantly not a T-shirt and jeans person, I like to dress up, I have just never been a ring person) and spend it on something else we would both like.

    For those who do not share my opinions on wedding rings, which is valid, I am also glad to hear lab-grown prices are down so people can still get that ring they love without breaking the bank and without supporting De Beers.

    • fafferlicious
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      510 days ago

      While violence behind diamond mines is real and should never be forgotten, don’t be obtuse. It’s not some thing you pulled from dirt.

      It’s still beautiful. It’s still a gem. It’s still something that naturally formed over millions of years in the crucible of fire and pressure beneath our crust. That history is astounding and something people can marvel at.

      Don’t begrudge Geoffrey Farrow his wonder at the world around him.

      P.s. Fuck De Beers. Fuck the false scarcity. Fuck the slavery and violence and exploitation of nations the diamond trade relies on.

      • Emotional_Series7814
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        510 days ago

        I suppose I’m probably the most anti-nature environmentalist. Protect this because we need it to live, and animals need it to live. But I really personally hate nature, it doesn’t bring me pleasure. I have been to some of the wonders of the world and was not floored, breath not taken away. “Checks out, let’s move on.” (Why’d I go to see it then? Someone else with me wanted to see it :P I’m a lot more interested in history that directly involves humans or something once living. For me, dinosaurs and artifacts of early human civilization are cool, gems are not.) I don’t marvel at it, and any reason to dismiss something made with cruelty is something I’ll eagerly jump on, even if it’s definitely not a popular perspective. To me it really is an overvalued thing you pulled out of the dirt, no matter the facts behind how it formed inside the dirt.

        Disclaimer: I don’t say this to be contrarian, I am really not the type. Popular ≠ bad and I’m not some special unique snowflake, I just have some quirks where I have a different opinion, as does everyone else! I don’t like nature, others don’t like chocolate. I think most people have at least one unpopular preference/dislike, this is mine.

  • @[email protected]
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    4110 days ago

    Artificially expensive shiny rocks less valuable than advertised.

    Fun fact, reputable pawn shops don’t pay for gemstones because they’re effectively worthless. They only pay for previous metals. If you sell a wedding ring they’ll only pay you what the metals are worth.

    • @[email protected]
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      1810 days ago

      Not really. They will pay you as little as they can get away with. Often that’s the value of the metals.

      • @[email protected]
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        110 days ago

        That’s basically what I said. But the diamond especially and other gemstone cartels (who set the prices) won’t buy from the aftermarket. Which means you can basically only sell them to 3rd parties, such as pawn shops. They then have to convince people that they should buy second hand instead of custom or “official” merch, which I imagine is a tall order.

        So without a precious metal value as a starting point, they usually won’t bother. They won’t usually buy a tungsten ring, for example, even with gemstones that cost the buyer hundreds of bucks, because it has no resale value to them. Worst comes to worst, they can always offload precious metals somewhere. The gemstones just give them an excuse to artificially inflate the resale price.

        Of course as private businesses there’s always exceptions, and maybe I’m wrong and on a nationwide scale it’s different. But I doubt it.

    • Dr. Moose
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      710 days ago

      It’s clearly beginning of an end for diamond mining.

  • y0kai
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    3810 days ago

    Finally, rocks might be worth what rocks are worth.