Sell your diamonds..NOW

[Marshmallowman]

Manufacturering of high quality large diamonds is a Reality now.

http://www.eetimes.com/at/hpm/news/OEG20030822S0005

http://www.wired.com/wired/archive/11.09/diamond.html

I knew it would happen eventually

let me see...diamond heatsink
Diamond car engine. (diamond coated ceramic maybe)
Diamond Glasses..cool
Diamond teeth...

Diamond coated this and that..oh man

[Chrono_Wanderer]

saw those articles before, but come to think of it

yes, sell them all NOW!!!!

good excuse if girls ask to buy diamonds. Tell them silicon chips will be more vaulable eventually

Benefits for the guys

I like this news haha

[VJ]

A couple of years ago, there were some articles that we might be entering the diamond age... This is backing that hypothesis up.

However, to the best of my knowledge, making "large" diamonds is very expensive (well over the cost of the diamond). Also, impurities must be introduced in industrially made diamonds, so that they show a slight shift in colour when put under a special light (don't remeber if it is UV or infrared).

Making ruby's and sapphires has been possible for quite some time, and doesn't seem to have impacted the price of the gems...

On the fun part:
"I gave my girlfriend a 512 MB ring !"
"Did you get the matching GPU-necklace ?"


Jörg

[GNEP]

Hmm funnily enough I do have some diamonds to sell . Maybe I should get off my arse and do something about it.

[Gurm]

No. Natural stones will always be worth more. Lab-created rubies, emeralds, and sapphires are nice, but haven't affected the overall price of natural stones very much at all. There will be SOME fluctuation. If you want to sell your diamonds based on the idea that they might drop 10% and you'd realize a profit, go for it. But don't sell because they'll become worthless, 'cuz that just isn't gonna happen.

Gpar_

[Sasq]

VJ read the articles, one is quite long. the detection of the second style is almost impossible

[GNEP]

I don't want to sell because of any vague potential loss in value, but because I don't want them and want the cash... just hope there aren't any tax complications as these were bought in Australia "tax free" and no tax was paid on entry to the UK

[VJ]

Originally posted by Sasq
VJ read the articles, one is quite long. the detection of the second style is almost impossible

Yes, but I meant that *legally* the industrial diamonds may not be made 100% pure. The manufacturer must (at least, it was put like that in the previous articles I read on it) introduce impurities to make the diamond distinguishable from natural diamonds.
(it is not a technical obligation, but a legal one )


Jörg

[Sethos]

Originally posted by Gurm
No. Natural stones will always be worth more. Lab-created rubies, emeralds, and sapphires are nice, but haven't affected the overall price of natural stones very much at all. There will be SOME fluctuation. If you want to sell your diamonds based on the idea that they might drop 10% and you'd realize a profit, go for it. But don't sell because they'll become worthless, 'cuz that just isn't gonna happen.

Gpar_

Yes this is very true. of couse telling a fake from a real is hard, but doable. and you can be sure Debeers isn't going to let the price of a natural diamond fall...

~Sethos

[cjolley]

Hmmm......
I've got a place in my garden where a 75kg diamond would look realy nice.
chuck

[GNEP]

Well De Beers has that system going now where they make a tiny engraving inside with a laser or something to guarantee genuineness or something - guess this would take care of that...

[Gurm]

Yeppers. De Beers has a monopoly on diamonds. Why the feds are after Microsoft and not De Beers is beyond me, that is the slimiest family on the face of the earth.

And yeah, if these lab-created gems catch on, De Beers will rein in the amount of "real" diamonds getting out in order to bump up prices. But it's a dangerous game... if they bump the prices TOO MUCH, people will just buy the created gems.

Gpar_

[rylan]

Yeah, I wouldn't be surprised if the diamond cartel starts a campaign saying stuff like "Its not a diamond if its not from De Beers"... or "Isn't she worth it to give her the real thing?".. stuff like that to try to make people think that only a diamond that was mined counts, even though the man-made one is the same quality.

[agallag]

According to the Wired article, with the boston company's diamonds, the only way to tell they're fake is that they're too perfect. You just don't find such perfect diamonds naturally. Physically and chemically, they're absolutely 100% pure diamond.

They also said they can make up to 3 carat stones at a price of about $5 per carat. Hopefully they'll be on the market before I get engaged

[KRSESQ]

Don't worry about De Beers. There are plenty of people who will choose real diamonds over synthetic any day, just for bragging rights. As Gurm said, the introduction of synthetic gems in the past hasn't significantly impacted the market of real stones.

Just give me one of those 200GHz Diamond CPUs!

Kevin