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One day it will be possible to cheaply manufacture man-made diamonds that are 100% indistinguishable from natural diamonds. You might think such a development
by MarkMc 14y ago
One day it will be possible to cheaply manufacture man-made diamonds that are 100% indistinguishable from natural diamonds.
You might think such a development would destroy De Beers, but I'm not so sure. Perhaps girls would simply switch from wanting a 'diamond ring' to wanting a 'diamond ring with dug-out-of-the-ground certificate'?
- ankeshk 14y agoYour thought is correct: factory made diamonds will just create a new diamond category. We have seen this before in the pearl industry with the advent of "cultural" pearls. Cultural pearls have not reduced the prices of natural pearls one bit.