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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.
All essentials are going up but at least some useless luxury items are coming down.
I like how they sparkle, but I would rather get a perfect diamond for that made in a lab.
I see the beauty in mathematically perfect lab-grown crystals and natural gems made over millions of years, so I don't really mind either kind.
I’ve been waiting for this for years.
Thanks PRC
Diamonds are worthless outside of industrial uses.
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.
I disagree. They ARE pretty. Just not as pretty as a rose or a sunset and yeah best used as industrial tooling.
I would rate them above roses personally. Below a good sunset though; nearly nothing manmade beats those
Good sunsets are frequently man-made too, the most beautiful red glowing ones own their look to dust - air pollution.
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.
Ain't that the truth
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.
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.
When it's time for children I recommend lab grown as well!
fuck children too
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
We have tattoos.
Fucking noice, dude. 👏 Honestly, yeah, why even diamonds. They brainwashed us good.
Mostly because they dont get scratched. Theyre pretty neat. Not blood diamonds though, those are a crime against humanity.
Fuck De Beers.
Now this is my kind of uplifting news!
Good. Fuck rich people.