WIll Synthetic Diamonds KIll the Market For Natural Stones?
Monday, May 24 2010 A recent article in the Gems and Gemology e-brief reported that a 1.05 pear shaped carat G VS1 synthetic diamond was submitted to the Gemological Institute of America lab in New York. In addition, Gems and Gemology recently did a story on the pink synthetics produced by Apollo Diamonds in Boston. A lot of people were alarmed by the idea that companies are producing larger synthetic diamonds. It’s true that synthetic diamonds are improving in quality, and there will probably be more of them on the market. Synthetic diamonds are not a new product. General Electric first began growing diamonds in the 1950s — sixty years old. It is only in the last decade that people have tried, with varying success, to market gem synthetic diamonds as a commercial product. So far, there are very few out there. You hear more about them on the news than you see them on the market. But we feel that synthetic diamonds will not give natural diamonds any competition, for a number of reasons