Connect with us

Headlines

Do You Plan to Sell Lab-Grown Diamonds? Here’s What 5 Retailers Had to Say

mm

Published

on

It’s a polarizing topic.

Southern Jewelry News asked five jewelry retailers if they sell or plan to sell lab-grown diamonds in their stores, eliciting a range of answers that collectively spell out the pros and cons of doing so. Depending on who you ask, the question can prompt some impassioned responses – like this one from Everett Osborne, the owner of Osborne’s Jewelers in Huntsville, AL:

“Very few customers have been asking about synthetic diamonds. It’s mostly a price matter, but there’s also the blood diamonds issue. … For those factoring blood diamonds into their buying decision, we offer assurances that the gem and jewelry industry has gone through great efforts and great expense to stop the selling of diamond from designated conflict countries. In those rare instances when people insist on lab-grown colored stones, we’ll order these gems for them. But when it comes to synthetic diamonds, I won’t do it. I don’t want our store to be known for selling those products. I’d rather lose the sale than sell a synthetic diamond.”

Read more retailer responses at Southern Jewelry News

Advertisement

Advertisement

SPONSORED VIDEO

It’s Going to Set Us Up Very Nicely for Retirement

You’ve worked hard all your life. And if you’re like most jewelers contemplating retirement, you’re hoping that your going-out-of-business sale will add to your nest egg — with minimal complications. That’s exactly what Doug and Jacki Friedrich, fourth-generation owners of Friedrich Jewelers Inc., of Vernon, Conn., experienced when they selected Wilkerson to run their sale. “Jewelers who are contemplating a sale should go with Wilkerson because of their experience,” says Doug. And with financial goals “exceeding expectations,” the couple can now focus on enjoying the next chapter of their lives. “It’s going to set us up very nicely for retirement,” says Jacki. “The money’s coming in and we have no complaints. It’s been wonderful.”

Promoted Headlines

Most Popular