Hello Tay,
I would be interested to know the cost of these synthetic
diamonds as I am somewhat confused over the need for detection
methods. Some 8-9 years ago I had a customer with several
synthetic diamonds in various colours including white (D/E).
These were cut for maximum clarity and resulted in a poor
recovery but there were no SI’s or worse. None of the
appraisals on these stones gave a value which approached the
costs, none of the appraisals mentioned synthetic. My customer
lost interest in developing this venture further, I think he had
no idea of cutting costs when he made the original purchase, he
did make a profit on the synthetic Alex and Emerald that he
bought at the same time because the cutting costs here were a
fraction.
Recently I was discussing synthetic diamonds with a local gem
dealer who had just returned from his foreign travels where he
visited the lab which had supplied my customers diamonds.
According to him the lab claims to be able to produce consistent
high quality stones that defy the methods of detection previously
mentioned on this list. They also claim that their lab is the
only one producing gem diamonds and that DeBoys, Kyocera and GE
are nothing but boart makers. Their most interesting claim was
that they would be able to provide stones with less than a 50%
premium over natural by the end of this year. Apparently they
also do not consider the jewellery trade to ever become a market
worth pursuing.
Am I missing something here? does anyone know of a source for
top quality synthetic diamonds that are NOT twice or three times
the cost of natural? Isn’t this huge price disparity a dead
giveaway for identification? If you find you have a synthetic
diamond and you paid market price for a natural for it, who has
just been ripped off?
There are many circumstances outside of our trade that values
synthetic gems above natural, try cutting a few natural ruby
watch bearings and see if you can get anything near what a
synthetic goes for. For gemcutting purposes I have always used
synthetic diamonds in spite of the fact that I can obtain natural
boart for approximately 1/10th the cost. I wonder how our
synthetiphobes feel about synthetic gold? Last I heard was that
it was still in excess of a $million oz.
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@Anthony_Lloyd-Rees
http://www.opalsinthebag.com
ICQ# 15173706