WORLDS BIGGEST LAB GROWN DIAMOND!!!
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- Опубликовано: 1 июл 2019
- SHOP AT THE PRODUCER MICHAEL LUXURY BOUTIQUE: HTTP://WWW.PRODUCERMICHAEL.COM
Patrick Fay from Big Diamonds USA invited us to see the World's BIGGEST lab grown diamond at the JCK Jewelry Show in Las Vegas and it BLEW MY MIND!
Contact info:
Office: 312-795-1100
Text: 312-622-3457
WhatsApp: 312-622-3457
Instagram: @BigDiamondsUSAofficial
Email: diamonds@BigDiamondsUSA.com
www.BigDiamondsUSA.com
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Развлечения
Michael, buy a lab grown diamond and take it to Peter Marco and Yossi Dina and ask them how much they would pay for it, but don't say that it is lab grown. That would be very interesting to watch their opinion on it.
Yes, very good idea
Adam, please pass this idea onto Michael
@Tamer Ciftci well that is why i want to hear a professional jewelers opinion. Without being said that diamonds are grown in lab. Would they find any difference between a not natural diamond and a natural.
Ahhhhhhhhhhhhhhhh that’s what they’ve been doing to Michael 🤕
@Tamer Ciftci definitely agree with you. It seems suspicious when the "lab made" diamond cost 5-10 times less than a regular diamond which is found in earth. I would like to hear Peter Marco or Yossi Dina opinion about it and then make a conclusion about all this thing.
Yossi Dina is already selling the lab grown diamonds for natural prices
😂
Everybody knows, that whole diamond industry is just big scam :-)) Just a simple way how to shave those filthy rich celebrities or rappers, natural or lab grown - it does no matter...
Spazik86 same with anything luxury really. They charge what they do because the market will pay it. An old master painting if you take in labour and materials is not worth tens of millions, it’s what someone will pay, it’s all smoke and mirrors
Timepiece Enthusiasm 😂😂😂😂😂😂
But you cannot get it. You don't want to buy this. But I sell you this for $2000. You cannot get it. Seriously.
all the rappers are going to love this
And their gfs 🤣
Michael: Are these diamonds?
Patrick: These are diamonds...
Michael: diamonds?
Patrick: diamonds...
Michael: diamonds?
Patrick: diamonds!
(×75)
I’d be great to hear Peter Marco’s opinion on this!!
7 B. in diamonds, that' s more than Peter Marco has in his boutique :)
He's probably using them lol..
Peter will be upset.. I guess)))))
I'm sure Peter at least has a bunch of them in his inventory.
I think they made a video before mentioning it ima go look and see if i can link it
That moment when you can see Michael reconsidering a few of his vault investments
This is exactly where my mind went and I would have to imagine it could be a genuine concern for a collector (and jeweler). Of course, the novelty of "natural" will have it's allure but when two items are indistinguishable in quality but separated by that drastic of a price point it's absolutely a huge threat to the industry. For that reason I could see some sincere steps by big business to remove them from the market in whatever means they can.
Dermot Convery 😭😭😭😭😭😭😭😭😂😂😂😂🤔🤔🤔🤔🤔😵💀
@@V0KAN If they are detected as "real" by tests, that's kind of a problem, yes?
Ryan Chase I mean it’s checkmate at that point
They should have the diamond making machine underground so they can still say it was "formed within the earth"!
It is
Better yet, name your lab “Earth” or “Natural”.
GREAT
Lmao
I would love that hear that they have around 400+ machines running 24 x 7 and can churn out diamonds the size of small potatoes within 2 weeks! Putting that DeBeers diamond cartel out of business will make us smile.
I can hear Peter Marco screaming "That's BULLSHIT"
@@leono7380 can you imagine?
@@leono7380 lol for real
@@leono7380 I would do it lol
@@GrisuXIII read the top comments commentary, you can't fake a GIA certificate and they state whether they're lab grown or earth grown
@@leono7380 nope, hes selling natural ones for the price of lab grown
I think we need a video where peter Marco expresses his feelings of lab diamonds
I Heard that Peter Marco was always selling lab grown and got them certified as real diamonds illegally and sold them to the public at real diamond prices
This would be very interesting
shav legit I wouldn’t doubt it.
I assume that because of the "unfair competition" that this would imply for the billionaire diamond industry, laboratory diamonds are bound to have a brand or signature that makes it obvious that they are laboratory diamonds, otherwise the diamond industry would fall down... ... it is right ?
@@shavlegit7087 where did you hear that , bitch
Lab-grown diamonds have decreased in price considerably since this video was filmed 4 years ago. But because they are mass-produced that is the reason. I would definitely buy a lab diamond
i'd buy a lab grown diamond in a heartbeat.
this way i'm not supporting the GOD DAMN Blood-Diamond industry.
Don't forget to mention child slavery/kids trying to help their dad work.
Yesss, whenever I see a 10+ carat diamond, I would just be thinking "I wonder how many people got exploited/died to get that stone."
@@EmVeeBeen Wait what ?!! , can you explain that to me please ?! What does People dying have to do with Diamonds and what is the Blood Diamond Industry ?!
@@spacewanderer9 Many diamond mines are in africa. Many mines are run by corrupt officials that pay their workers barely anything and abuse their workers. Also, many diamond mine workers are children being forced to pull diamonds out of the earth. Also, in countries in civil war, warlords force people to mine for diamonds, then they sell those diamonds to American and European companies for lots of money, then they use that money to buy guns and tanks to kill people in civil wars.
That's what the blood diamond industry is, because blood is spilled to mine earth diamonds
@@spacewanderer9 History
Diamonds are only valuable in people's minds.
Michael: Why is this lab grown diamond more expensive than this one
Alligator in cow print: "it just is...sometimes theres not a reason why...it just is"
Buy lab grown - sell as natural
as long as it valuable in people's minds you can sell it
100%
Lebogang Campbell It is the hardest material on earth, and is extremely rare, of course it’s valuable it is useful but rare
Peter Marco : 3 million
This guy : 3 thousand
Peter Marco - out of business... or much less business?? Is there a Diamond Association.. - these are Fakes... - also... are they as 100% hard and dense as real Carbon.. - since they DONT know... how they are formed - Get a pro CHEMIST over here ;) !! How do You tell Best Wine - from Columbo - With a heavy French Accent... By the.. PRICE :) !!
lol
My fiancé just bought me a pair of 1ct (each) lab grown diamond earrings yesterday that match my engagement ring and they are STUNNING! I began to prefer the lab created diamonds after he bought me a 1ct pendant which is also stunning. I’m just a regular gal but my jewelry says I’m special 💎
Molly Tuberose I will find Mathew
@@adventuresintexas natural diamonds have barely any resell value either. surely not paying for child slave labour is more important then a couple thousand of dollars more in resale
Having a fiancé tagging at least 4ct on you tells us that you are probably not "just a regular gal". Congrats, i think you made a really good social economic decision opting in for lab grown.
Your character says you aren't special at all.
@@raffie_exe how do you know the "starter" diamond was not mined with "slave labor"?
The gentleman that selling the diamonds comes across as a real nice guy.
I can just hear Yosi: “I don’t want to sell these to you.”
"You cannot get this"
😂🤣😂🤣
"I only carry the best. You cannot get."
lol god damnit guys now i have it stuck in my head
@Hennessy Lmfao😂
I bet 90% of Jeweler’s selling the lab ones for the price of natural diamonds
Darius and why would you do that if you sold a $20,000 lab diamond for over a million to some rich stupid oil field owner
GIA certificate must say if natural or lab produced.
@@ojosazules8828 thank you rob.
But you can fake that easy...
@@_Red_Hand_ lmao no... its easier to make counterfeit money then it is a gia certificate, each one is numbered and can have a copy sent from the authorizer.
@Louis Jewelry c
Blue is beautiful. Great information about these diamonds and stones absolutely amazing
Michaels videos are so entertaining, always brings a smile to my face no matter how tough my day was... Thankyou Michael!
Diamond guy: This is a diamond.
Michael: *So this is 100% a diamond?*
Now lets hear Peter Marcos opinion on this topic.
@Tamer Ciftci sissy
This guy is so flamboyant he makes Michael look like a maths teacher lol
It would have balanced out if Michael was wearing a colorful shirt lol
There was a big diamond standing right behind Micheal !😍
M: Will you marry me?
W: Is this natural?
Its not natural? The wedding is off!
M to W: Are you?
you mean 'is this force-laboured?'
hahaha yes
@@alexandercummins Gottem
Michael pooping his pants thinking of all his diamond investments lol
i was thinking the same lol
This is good for him. In 10 years the real diamond price will be up the roof.
@@yycyyc3755 Quite the opposite, it'll sink below sea level lmao
moe saeedi did you even watch the video? This is a real diamond
No one can tell the difference, so the real ones are worth exactly the same as this lab shite now lol
Thak you for sharing. My guy bought me a beautiful ring. I don't know if it is natural or lab grown nor do I care.I love him the ring and his generosity.
This is absolutely insane. First time I’m hearing this.
I think peter Marco has been selling these lab grown diamonds 😂😂😂
for shoooooooooooo
Hahaha in that case hè Made alot of money if hè can just sell m for 4times the price hè bought them at 😂😅
100% for sure because his only proof its GIA which lab diamonds are also GIA
sarah Jacobs when Gia grades a diamond they indicate if the diamond is natural, clarity enhanced, and/or lab grown cvd or Hpht man made diamonds. They are all gorgeous and real diamonds... much love.
Compared to Michael's other diamond people this guy seems very normal.
He's the most normal and he's wearing a leopard pattern blazer selling diamonds grown in a lab, that's saying something isn't it.
He was weird and the other guys are business men and immigrants from other countries with usually are much stronger negotiators than here due to drive. I think this guy was a little off put by Michael at first. Almost like he thought they were fraudulent or didn’t have money.
REO Speedwagon...I can't help it, he's a body double. Now as far as lab diamonds go...awesome!
I just bought a lab-grown 2.5 ct oval with a diamond band for just under $10,000 and it's stunning. My dream ring.
michael - how long does it take for a diamond to grow?
this guy - the big ones 1 month, the smaller ones only 4 weeks.
Katerina Patiniotis calm down babes. Its a joke
Hahahhah
He corrected himself and said 1, no maybe 2 months, for the big ones. Maybe 3 to 4 weeks for the small ones.
Theodoros Kalopedis I know that you can grow a diamond in a day, but it is possible to grow one in 24 hours.
@@theodoroskalopedis just hold this L. or facepalm - your choice.
Good day people
Just arrived at my office, gonna make myself a coffee and watch michael before I start my day at work. Priorities.
Agent Dale Cooper snap
Jason Chow says the dude who thought anyone give a fuck about his opinion?
Jason Chow go put your energy somewhere more productive instead of using it to say non constructive hate speeches to somebody who didn’t do anything to you
u off work yet
CEREALKILL3R _ rumour has it, he got fired
I love Michael's channel it's like a modern version of Lifestyles of the Rich and Famous
Conversations between them makes me smile for no reason
Michael
better sell off his investment Diamonds before they go down in price!!
Not gonna happen. Synthetic diamonds are not a new thing. They have been around for decades. If they were going to disrupt the diamond industry they would have already done so long ago. Most people just don't want a synthetic diamond, even though it's technically the same thing. Natural diamonds are always going to be more valuable due to their rarity and the fact that the market is tightly controlled by a few companies.
@@tibor29 Synthetic diamonds are different than Lab Grown Diamonds. Lab Grown Diamonds are Diamonds not Synthetic BIG DIFFERENCE!!
@@tibor29 yeah synteich is like CZ. these are not. these are just like the real thing. its made just like a real one they just do it in a lab.
@@masskilla469 Nope, synthetic diamond = lab grown diamond. It's the same thing. Taken from wikipedia: "A synthetic diamond (also known as a laboratory-grown diamond, a cultured diamond, or a cultivated diamond) is a diamond produced by a controlled process, as contrasted with a natural diamond created by geological processes or an imitation diamond made of non-diamond material that appears similar to a diamond."
@@tibor29 but this is Made of diamond material!
Picturing Yossi Dina on the corner being like "I've been making diamonds in my toilette before diamonds were discovered, are you interested in one? best price in the market!"
Blood diamonds !! Lab grown seems the best !
I definitely love that guy, explaining him how it’s a real diamond and Michael cannot believe it
if they are truly indistinguishable, then the diamond industry is screwed .
i disagree, de beers and all other large mining companies would close all mines, use lab grown and charge the same amount for easily accessible diamonds
Jake he’s right. You don’t see anybody investing in diamonds
true
there are plenty of things to distinguish between lab grown and natural..... lab grown are very cheap coz they dont have any resale value .. natural diamond always will be ur asset of investment..
If this guy starts earning multi millions, he's inline to be killed by natural diamond miners
He reminds me of Austin powers 😂😂
Josh Bellis yeah baby yeah 😂
mix between Austin Power and Goldmember
I thought Donald Trump crossed with Paul McCartney.
His accent isn't similar though. Mike Myers impersonated the musical style voice.
Mike myres in bohemian Rhapsody
That's eye opening. I would totally buy a lab grown diamond now! Absolutely incredible.
Fantastic!!diamonts are for everyone now, super
5:10 he wanted to say , They are "st...upid" but stopped mid way lmao
"Stu... um, oh', um... pendous! Yeah! That;s it. Ahhhhhhhh........! OMG!
XD omg that is so true
That guys leopard Saint Laurent blazer is AMAZING
A Littlefin Are you gay?
@@Mandology575 Does that matter?
@@jerrybillings3039 yes
@@CerealKiller669 For....what reason?
Awesome information thanks for showing us and sharing!
Nothing can replace the natural, uncut by hand.
I wonder how many of this LAB GROWN ....
Diamonds 💎 are sold to RAPPERS !!!!!
As real Diamonds
True :)
lol
These clowns rip rappers off
What the hell I was just thinking the same thing
None because you can test to know if its lab grown or natural
Peter Marco: You cannot fake the awesomeness of real diamonds.
Patrick: Hold My De'Beer
Babayega X they’re real diamonds though
I love lab grown diamonds they have made diamonds affordable for the average Joe to buy his Queen.
Half the price, exactly the same composition, and no animals or people suffered for it. I honestly can't imagine paying for natural diamonds anymore.
"we're in it to .... save money" epic response haha
Please make a video where you get Peter Marco's thoughts on Lab Grown Diamonds
I too would like to see that..
Me to
Yes
Michael anything will be lovely😍😍😍🙃🙃😇😇😇🙏🙏🙏♥️♥️♥️♥️
Groovy baby lol he’s the most humble guy in the planet 🌎 gbu I watching this 👌👌
I like that Michael isn't opposed to the lab grown diamonds. I've heard of these diamonds a long time ago. It was wonderful seeing a guy like Michael be open to the idea of purchasing them. A lot of snobs still prefer natural diamonds they don't care if it's blood diamonds
I asked for extra blood when I bought mine and they didn't laugh smh
A lot of jewelers want what they pay for and people will sell them parcels with a mixture of diamonds at the full price of naturals. That should be the only negative thing a jeweler has towards lab diamonds
Natural is better cause they take billions of years to form and have to be found, these are just rocks made in labs and sold for an insane profit
@@GODOFLIQUOR Natural diamonds are also just rocks fyi, the diamond market is artificially scarce. On top of that they might be unethically sourced
Better now is the minds opening gateway to Forever ONEMOISSanite. At an even greater savings. 100k natural Diamond = 20k Lab GROWN = 3k for FORVER ONE Moissanite.
how can a man who invests in diamonds not know about lab diamonds? I am a poor guy and i heard about these around 10 years ago.
Lab diamonds 10 years ago were tiny and incomparable to natural diamonds, so they were used for commercial purposes(drill bits and what not), its a huge revelation that now they can exceed 10 carats.
Even Peter Marco talked about lab grown diamonds in one of Michael's videos so I'm surprised Michael never heard about them lol
Exactly
Exactly!!!! I was stunned at that.
Love Patrick's glasses🤣🤓
Imagine having spent $2M on a red diamond to find out you can get the same diamond that no one can tell apart from one that costs $25K. People better start cashing out.
exactly! it's kinda dumb to buy real diamonds now lol
no one can tell difference untill we say its lab grown and with certification
Red diamonds are rarely over 1/2 carat.
Diamond prices should fall. Lab diamonds are superior. No conflicts. No need to have enormous mines. No fighting.
if it is about the red earing he made like 4 million plus on them. Watch the latest Jacob and co video.
As stupid as it is, this buy was a good investment
Imagine peter marco walking in saying hey patrick you got my diamonds?
LOL
Yooooo 😂😂😂😂😂
Michael probably went home and sold his investment pieces before uploading this and tanking the market 😂
Paul Axel that’s all I could think of when he kept on saying the prices lol
Millions thanks for your video from Chicago with love
This guy was pretty patient with Michael asking him over and over about the quality of lab grown.
Yosi Dina is watching this video while preparing his bankruptcy papers.
lmao
Yosi's whole vault is probably filled with these, he is making a killing.
lol
Haha yossi is the TRUTH though..been in the game 1000yrs. Its nothing new.
He probably has a diamond making lab out the back of the shop!
Lab diamonds are the way to go; same brilliance, better cuts, cheaper price
Djerelle Williams yeah they just don’t have enough clarity
@@skrtskrt7159 They literally have better clarity... What are you talking about?
Thomas Kent put a iPhone light up to some of them.
@@skrtskrt7159 Most diamonds you see will be under bright lights
Djerelle Williams I know jewelry store lighting I own gold and silver I was saying lab diamonds look almost clear under high lighting
Never heard of you but I’m liking these videos. Subscribing ❤️❤️❤️❤️❤️
Love the big blue michael ring🙏🙏🙏🙏
Always watching fr Sydney Australia,
Keep safe God Bless
For the diamond industry this going to do what cultured pearls did to the natural pearls market, burst it's bubble!
True lab grown will be superior
Digital to Kodak.
How can I short diamonds?
Yes good luck with finding a natural pealr to buy..
In many ways it's even more of a change than that of natural/cultured pearls.
You can X-Ray a pearl and very easily tell if it's cultured. .
A 'natural' diamond and 'lab-grown' diamond are IDENTICAL. . In EVERY way. .
Both of them are a pure carbon crystal. .
No way to tell how old it is. . Was it formed under the crust of the earth in central Siberia, 26 Million years ago?. . Or grown in a lab in Mumbai last year?
Nobody knows.
@@richardrejmer8721 despite what this guy says, the nitrogen levels in the lab frowns give them away.
Peter Marco: this diamond necklace is all perfectly identical diamonds, good luck finding that
This guy: hold my beer
Aaron TV Peter Marco is a finesseeeeeee
Best comment hahahahahah
DeBeer*
How my lab
De beer
I'm getting engaged soon, was gonna overspend on a 1ct princess cut for my girl, now getting her a 1.75 princess cut vs2 lab grown for way cheaper and putting the rest in savings for our future
Cheapskate
Guys, dudes, calm down. Please! We are talking about jewelry here. Jewelry gets lost, stolen, damaged.
1:50 the girl behind... broh no words 💎💎💎
ME - Will you marry me?
GIRL - Is this a lab grown?
Me - Yes!?
GIRL- GTFOH!!!
Thing is, if you dont say its lab grown, they will never ever know. Its 100% the same as a natural diamond.
ME - But it has a GIA certificate with that!
GIRL - So, no one would ever see the difference?
ME - No, of course not!
GIRL - OMG, I love you, YES, YES!
🤣👍
@@Lex-Rex Me: Have a Snickers.
You market it as a 100% ethical diamond. People love that. :)
THIS IS CRAZY.. The same thing when computer become so cheap that everyone can have it, this will change the diamond's world industry
I would absolutely choose a lab grown over a mined diamond any day of the week...they need to rethink third price tho. It’s ridiculous. So one will spend 100,000 on lab grown even if they are enormous whennyou can get an amazing mined diamond for the same price. Good luck and this is coming from a big fan.
Lab Diamonds are the fairest. No poor soul has to suffer from them and it still makes a fortune. I support this 100%.
You didn't ask the most important questions. What about resale value? Surely there must be some kind of laser marking by law that makes them distinguishable from real diamonds? Otherwise they will get passed off as real diamonds and resold at 5 times the price.
A diamond without papers is worth shit
It is a real diamond!
By law, all lab grown stones have laser engraving on the girdle that says “ LAB GROWN “ or “LG” in the serial number. We sell natural and lab grown stones. You can check out the laser marking here
www.google.com/search?q=lab+grown+diamond+laser+engraved&tbm=isch&ved=2ahUKEwjxu8yrrJfjAhWOjZ4KHVVPClsQ2-cCegQIABAC&oq=lab+grown+diamond+laser+engraved&gs_l=mobile-gws-wiz-img.3...20849.25635..25947...0.0..0.101.1900.20j1......0....1.........35i39j33i299j0i24j0j0i8i30j30i10.JzLDdGOIkLk&ei=EOMbXfFzjpv6BNWeqdgF&bih=659&biw=1024&prmd=sniv&rlz=1C9BKJA_enUS752US752&hl=en-US#imgrc=HTEgRSvr8oHlHM
@@billjohnson69 they didn't mention that in the video. The guy said it would be indistinguishable from earth grown
Thank you for noticing my point. I was considering in investing right away, I mean the guy said they couldn't tell the difference between Lab Grown and earth grown. Please I need to know this, somebody?
Nobody:
Yossi Dina: They selling fake diamonds. Come see what i got for you my friend.
😂🤣🤣
😂😂
Its a very nice piece, you cant get this anywhere, one of a kind, good piece, look give me it here i dont wanna sell this to you, i got this this piece here look one of a kind, special piece
🤣🤣🤣🤣
catalanluke so true 😂😂😂
Saving this video for when I meet that special girl 😏 Thanks for coming in clutch years ago for me today! The beauty of Internet 🤝
"It's a Diamond, Lab Grown, But it's a Diamond!"
Hell yes thank you Michael!
I legit had a feeling all day that you & Adam were going to post a video
Earth grown diamonds just depreciated faster than a brand new Range Rover being driven off the lot.
Watch out for him man, you be putting all on the table 😂 😂 😂 I’m thinking if custom made diamond bling bling are made of lab diamond.
I actually love the fact that I know more about lab diamonds and knew about them years before you guys did, i feel smart asf!! but i also love your channel. 💯
They are just into diamond trends they don't know much about real world and behind the stage that is
A lab grown costs even less than stated in video
And he told them lab grown has resale value but it doesn't actually coz jewellers mostly are beware from simultants
1/10th of the price of a real diamond... I bet you people are selling them as if they were real!
That's crazy
It's cool though cuz in reality diamonds aren't really that good at resale value unless there is super super rare. The only reason they are because of the industry. Gold and Light Platinum will keep its value more than actual diamonds will anyways.
Adrian Lamann Maybe you misunderstand, they are real
“As if they were real”. They are.
Everybody knows diamonds are scam, they expensive only because it is monopoly market. Resale value is shit.
Did anyone notice how he always kept agreeing with Michael, saying yes to everything and not correcting any of his prices
Natural diamonds have gases from the atmosphere including nitrogen and boron. These add florescence which can make for a cloudier appearance in daylight (not always noticable with high quality diamonds). Lab grown diamonds do not have these flaws and is detectable with machinery that costs around $5k or more like DiaTrue Galileo.
Beautiful diamonds !!!!
Peter Marco will not be amused 😂
I think this guy is your new best friend😁
this video actually lowered prices of all his diamonds...
are they lab grown too?
@@911madza probably not, maybe yes, he has no way to find out tbh....
@@martinkulik9466 in fact you can never be sure unless you dig it up from the dirt yourself
Patrick Fay was not 100% honest here. Yes chemically, laboratory grown diamonds are the same as naturally formed diamonds and visually they look identical. It is not true though that the two are indistinguishable (for example fluorescence is not the same). With proper specialized equipment, lab-grown diamonds can be singled out. If you have your diamond GIA certified, they will issue a report stating whether it is laboratory or naturally made. GIA now sells a device that allows you to test lab-grown diamonds. Have a look at this article from the Gemstoone Institute of America (GIA): www.gia.edu/gia-news-research/difference-between-natural-laboratory-grown-diamonds
Since the two types of diamonds can be distinguished, there is a big push right now from natural diamond sellers to continue the dialog that natural diamonds are rare, made by nature and giving a natural diamond is the way to go if you truly want to express your love. Lab made diamonds will put some pressure on the price of natural diamonds but it will certainly not wipe them out. Also, since no major new sources of diamonds (mines) have been found in the recent years, there is contrary upward pressure on prices due to increasing scarcity of new supply. So, the chances of the price of natural diamonds dwindling down to almost zero is slim.
I would be careful about buying large lab-grown diamonds at this time. There are current a limited number of manufacturers producing high quality gem quality diamonds. But many many others are coming on line very soon. With a flood of new producers, this will cause significant downwards pressure on lab-grown diamonds as they become more and more of a commodity. So, will some of the lab-grown diamonds that currently sell for 30%-50% lower than natural diamonds, eventually sell for 95% less than natural diamonds?
Large diamonds have good resale value due to scarcity. What will the resell value be for lab-grown diamonds? Remember that the production cost of lab-grown diamonds is very low. Let's imagine a scenario where the actual manufacturing cost is $1000 for something that they will sell for $50,000. What is the incentive for them to buy back at a later date that diamond from you at a decent price (say $20,000-$25,000) when they can just make another one for $1000. In the long term, the buy back price will be close to manufacturing price, and not perceived market value.
Magic I would totally buy a lab grown diamond thanks Michael
tHanks for this very good educational vid. i Had heard of heses. Reminds me of cultured pearls starting with a "seed'
Go for the deep BLUE!!!
Blue Blue Blue would look the Best on YOU!
That's how I roll, and I stand by my choice for the in venerable Michael....
Peace
How the HECK has Michael never heard of diamonds made in labs??!!! WTFFFF
Because his jewelers would lose business if they told him lol
Absolutely. How can he have not heard of them??
It's a fairly new market that has a lot of lash back from the diamond industry trying to ruin them. It can't and won't happen, but they sure did try.
@@Namron9797
WTFFFF makes no sense at all!!
There are people in other countries in the middle of nowhere that already knew about this years ago!!
Explain why he thinks they are actually worth something. It's a complete scam
Michael should Buy the lab grown diamond factory and start producing stones😊😊😊😊
i must agree... that blue one looks nice!
Diamond prices are artificial , notice how abundant diamonds are ? Only like 3 companies in the world mine diamonds and control the price.
+ they dont say how many they have in their vaults. De Beers could probably ruin the market any given time by releasing the stuff they withhold from market...
You know that 1/10 of the price of a diamond is still expensive right?
Makendu yes ,diamonds are very plentiful .Diamond company’s are a cartel .
Yes, and they create artificial scarcity. An organized criminal regime.
Yes Sir, you are right. Diamonds in general are way overpriced.
I bought a BEAUTIFUL lab grown diamond to get engaged to my wife and hoooottttt damn! I researched like hell and I gotta say, the ethics of the companies on disclosure, environmental friendliness, cost, and everything else was off the charts better! I kept no secret that the diamond wasn't "Natural" and have not stopped sharing since. The ring is beautiful and for the size and quality, my everyday man salary with reasonable saving that didn't debilitate me at all I was able to save for about 6-8 months and comfortably buy it. No regrets. Lab grown is the ONLY way to go!
Christopher Seifert Hi, do you mind if I ask if you brought from the guy in the video? Thanks
your lab grown diamond will soon be worthless :))
@@terrorsquadlith No it won't lol.
@@ThePeacePlant of course it will. Read up on it ffs, it's common knowledge by now. Just a matter of time
@@terrorsquadlith all engagement rings are worthless the moment they leave the jeweller. Its no secret diamonds are inherently worthless and inflated due to the monopoly de beers had. People buy engagement rings for sentimental value not for investment
Wow that's crazy in lab diamond sweet.
thank you so much for all your hard work Michael. I love all your videos and giving us people who follow you a way to make our dreams come true is just a unbelievable blessing. keep doing more of ur videos!!