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Because mined diamonds have at least some resale value compared to the lab grown diamonds prices - which are a race to the bottom.
by kashyapmehta 7y ago
Because mined diamonds have at least some resale value compared to the lab grown diamonds prices - which are a race to the bottom.
- irrational 7y agoA 1 carat diamond costs about $6000, a 1 carat Moissanite stone costs about $600. Even if you could resell the 1 carat diamond for $3000 (you can't, they depreciate in value once you leave the store faster than a car when it leaves the lot) it would still be 3-4x cheaper to buy the Moissanite stone.