(PRESS RELEASE) Last month the webinar attendance for Shane Decker and GN Diamond’s, Asaf Herskovitz, had record numbers for the ever-popular topic of lab created diamonds. In fact, it was so popular that time ran out and Part 2 of the lab created diamonds webinar will be held on Friday, June 24th at 2 pm EST.
At the end of the webinar a variety of questions were asked, the below answers some of them. If you would like to attend the upcoming webinar, simply click on this link to register. We welcome everyone.
Lab Grown Tips:
- LEADING PARTNER – DIAMOND FOUNDRY – MADE IN AMERICA;
- TRULY GREEN – LEONARDO DECAPRIO IS PARTNER;
- INDIA AND CHINESE BASE LAB USE TOO MUCH ELECTRICITY CHINA’S GOVT WANTS TO SHUT DOWN 35%;
- WHY CVD? Cleaner and better quality rough – truer to natural diamond;
- MANY MANUFACTURERS LOSE 70% OF THE ROUGH FOR FANCY SHAPES DUE TO THE FACT THE ROUGH IS SQUARE;
- DIAMOND FOUNDRY CHANGED THAT MODEL AND IS ABLE TO MAKE ELONGATED GOODS;
- IGI HAS MULTIPLE LOCATIONS AND DEPENDING ON THE COUNTRY (SIMILAR TO NATURAL) YOU WILL SEE SIGNIFICANT UPGRADES. THIS IS GOING TO LEAD TO CONFUSION IN THE MARKET AND SELLING ADDED VALUE AND BEING UPFRONT IS GOING TO BENEFIT IN THE LONG RUN;
- THE ADDITION OF GIA CERTIFIED LAB GROWN DIAMONDS HAS INCREASED EVEN MORE THE DEMAND FOR LAB GROWN.
While there has been much skepticism regarding lab grown diamonds, the fact of the matter is that they are HOT among buyers of all ages. Once GN Diamond became more familiar with Lab Grown Diamonds, we were pleasantly surprised with the brilliancy and craftsmanship of this option for loose diamonds and diamond jewelry. By having the reputable certification of IGI and GIA validating the color and clarity GN has deeply invested in this relatively, new market.
Many questions were asked of Shane and Asaf in this webinar on mark-ups, appraisal values, distinguishing features. The below provides some information to answer many retailers’ questions. We encourage everyone to attend the next webinar and participate in any questions at the end.
Lab Made Diamonds – Two Popular Methods:
There are two processes used to create Lab Grown Diamonds:
- Chemical Vapor Deposition Diamonds
The first process is called Chemical Vapor Deposition (CVD). A “seed crystal,” which is a very small diamond seed, is placed in a small chamber. The chamber is then filled with gases that are heated. Once the gases reach the right temperature, layers of carbon begin to form on the seed crystal. This causes the seed to grow and create a square-shaped diamond crystal. - High Pressure High Temperature Diamonds
The second process is called High Pressure High Temperature (HPHT). This is meant to replicate the earth’s process of forming Natural Diamonds. In this process, natural graphite is placed in a large machine that crushes it with extreme pressure and temperatures. Under these conditions, the graphite turns into a diamond.
What is the Difference Between CVD and HPHT Diamonds?
You cannot tell the difference between a CVD and HPHT diamond with the naked eye. Both methods create a real diamond that is chemically and physically similar to natural diamonds. When it comes to grading Lab Grown Diamonds, the same 4 Cs: Color, Cut, Clarity and Carat are applied.
Lab Grown Diamonds are real and have the same physical and chemical properties as natural diamonds. Visually they have the exact same durability and hardness level. Both come with diamond certifications. They are so visually alike that the differences cannot be seen to the naked eye.
Many questions were asked of Shane and Asaf in this webinar on mark-ups, appraisal values, distinguishing features. The below provides some information to answer many retailers’ questions. We encourage everyone to attend the next webinar and participate in any questions at the end.
The Vegas show will surely be a great venue for people to personally ask GN any questions as well as view the extensive line of Lab created and Natural loose diamonds and diamond jewelry. Visit GN Diamond in Las Vegas at LUX1217 or simply call our office with any questions 800-724-8810, check our website here, or email us with any questions sales@gndiamond.com.