There’s absolutely no argument that rough diamond prices are much too high today. Manufacturers are having an extremely difficult time selling the polished coming out of this rough as buyers are simply unwilling to pay more. That this is mainly because diamond miners have only looked at their own bottom lines and ignored the warning signs in the production pipeline is also an uncontested fact.
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What goes round, comes around. Here’s proof that trying to palm off lab-grown diamonds as natural stones leads to disaster for everyone — including the fraudsters themselves. The whole house could come tumbling down
The idea of trying to pass a lab-grown diamond off as a natural is to benefit from the extra price the natural stone fetches. But here’s a different angle. Use moissanite instead. Sell it cheap, but claim it is a lab-grown diamond!