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Question: Why would I spend a pretty penny on a lab grown diamond where the prices are a race to the bottom. Yes, I do agree that I'd probably lose 20 cents on
by kashyapmehta 7y ago
Question: Why would I spend a pretty penny on a lab grown diamond where the prices are a race to the bottom.
Yes, I do agree that I'd probably lose 20 cents on my dollar as soon as I buy the diamond even if I did my homework and bought it at a good price. But at least there is a resale value of the stone since unlike lab grown diamonds, there isn't an unlimited supply of mined diamonds:
https://www.bain.com/contentassets/7b9f04068ca64542a17b7171365277cb/bain-diamond-report-2018-fig31_1440x810.gif?width=1440&height=810&mode=crop https://www.bain.com/contentassets/7b9f04068ca64542a17b71713...
Disclaimer: At Liquid Diamonds, we are building an online exchange for naturally mined diamonds; think Nasdaq for diamonds.