Dear Ron,
I have to say I disagreed with many of the statements from your
first posting, and feel even stronger dislike for your response to
Sojourner.
I have not seen the “canned blurb from Gemesis” that you referred
to, but I have been familiar with the company for quite a while from
the perspective of the work that they are doing in creating diamond
wafers for the microprocessor industry. Diamond has the highest
thermal conductivity of any known substance so that a microprocessor
made from diamond can operate a speeds substantially faster that
silicon wafers. At least in the geek community Gemesis has always
been very clear that they are using Russian processes with Russian
engineers and that they are in the jewelry industry to subsidize R &
D for microprocessors. The original process was developed by GE in
the mid 50s, but recently the availability of machines and new
technologies have taken the whole industry to new plateaus.
I am really confused by your statement " the fact that these lab
created diamonds typically come in shades of yellow was interpreted
as being a virtue by comparing them to canary yellow diamonds. "
Fancy colored diamonds are rarer and more valuable than Near
Colorless diamonds. Synthetic diamonds are graded on the same scale.
A diamond that is Z+ yellow color IS a canary yellow diamond, so why
should it not be compared to a canary yellow diamond, and how is
that not a virtue? They are making pink and blue diamonds as well,
again - more valuable per carat, easier to make, very marketable
these days.
I also agree with Zen (and disagree with you Ron) on the subject
that you raised of their distributers. To quote Zen: “Scottsdale?
LA? Chicago? Albequerque? Fort Worth? Houston? Milwaukee?
Tuscon? San Francisco? St. Petersburg? Tulsa? Salt Lake City?
Honolulu? You have a mighty strange idea of what constitutes a
“podunk location”…”
You mentioned that "Selling gobs of high ticket luxury goods in a
rural agricultural community defies logic. " Perhaps you should
mention this to the jewelry stores listed as retailers. I checked
out a few websites and they all seem to be selling De Beers diamonds
as well as rubies, emeralds, and other illogical high ticket luxury
goods.
I do agree with you that synthetics are not as valuable as mined
stones, only because the marketplace BELIEVES that they are not. In
my opinion where created stones excel is in sizes and shapes that
are simply not found in nature. Gemesis is cranking out 3 carat
fancy pink diamonds. Anyone have a value on a mined stone that size
and color? Chatham sells 5 carat emeralds that are finer than
anything mined in the last 200 years.
I am not one of those people who agree with the standard market. Ron
mentioned "natural gemstones are valued and appreciated for their
rarity and natural beauty. The crystals from whence most gemstones
are wrought are the flowers of the mineral kingdom…they are
rare, infinitely variable, hard won and express man’s love for
nature. " I agree, the CRYSTALS are rare and valuable. I will never
forget holding a ruby crystal the size of a baseball and just
melting in awe of it’s beauty. However, if you cut that natural
crystal into a faceted gem that cannot be distinguished from a
laboratory grown gem without the aid of technologically detailed
equipment, why is one more valuable. I would rather see the
beautiful crystal stay a crystal.
I find it fascinating to have an argument about the value of created
diamonds, when mined diamonds are the most cost controlled substance
in the world.
I need to mention, I am not affiliated with Gemesis and have never
done business with them. I am familiar with then from the computer
industry where they are looked on as one of the leaders in tomorrows
microprocessors, and I would hate to seem them get a bum rap in the
jewelry industry if it is not deserved. If it is - that’s fine.
Otherwise I look forward to a laptop computer with a 20GHz
processor.
Epaul Fischer
Gryphon Song Creations
Signet rings and custom gem carvings
www.gemartist.com