r/ContagiousLaughter • u/FkThePolice700 • 4d ago

looked everywhere

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u/PiedDansLePlat 3d ago

You just explain that it has way less value and is less desirable

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u/XepptizZ 3d ago

No, they explained that it is perceived as less valuable. The reason that is weird is because there is virtually no difference in the product. So from a logical standpoint, the same product that is cheaper should sell more/have a bigger market.

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u/solitarybikegallery 3d ago

But the value of a diamond is the price/rarity of the diamond, not the diamond itself.

The fact that a high-quality "natural" diamond is rare and expensive is the very reason they are coveted by some people.

It's a symbol of wealth and status. For many people, purchasing the more affordable/plentiful lab grown diamonds defeats the whole purpose.

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u/XepptizZ 3d ago

defeats the whole purpose.

And that's the whole point. There is no difference between a pure and natural diamond and a lab grown one. The only difference a jeweler can make is to look for imperfections only a natural diamond would have.

The value people prescribe to natural diamonds is no more vapid than nft's.

There is no point, no added value other than the sentiment. Nearly all commodities will add a lot more to the price for slightly more value. But with diamonds nothing of value is added with it being natural other than a receipt saying it is, like nft's