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When attributing a monetary or emotional value to cultured diamonds, the issue becomes more subjective. At this point in time, cultured diamonds are rarer than natural diamonds and so, following that line of reasoning, they should be more valuable than a natural stone. In addition, the process to create them involves a large output of energy and therefore, expense. Even at the lowest temperature and pressure needed to create diamond crystals, a significant cost is involved.  Ultimately, costs may come down as the process becomes more refined and research and development issues are resolved. Even so, cultured diamonds sell for less than natural diamonds regardless of their current rare state. The main reasons are that they don’t require the considerable money, time and equipment needed to mine and export them from distant locations. This enables more people to afford the diamond of their dreams, much the same way as Mikimoto’s cultured pearls made pearl ownership affordable to nearly everyone.  Fancy colored diamonds that were once reserved only for those individuals with large discretionary incomes, are now within the reach of many other people. The traditional symbol of pure love, as personified by a white diamond, can be expressed now on a grander - and more cost effective - scale than ever before. This is especially exciting when keeping in mind that a well-cut cultured diamond possesses all the attributes of its natural diamond counterpart: its unequaled hardness, its fire and scintillation, and its ability to bring pleasure to you every time you look at it, recalling the occasion or sentiment it was meant to commemorate. 

Remember, “A rose by any other name…..”, or is that, “A diamond by any other name…”?

RESOURCES

Barnard, Amanda (2000)  The Diamond Formula  Diamond Synthesis: A Gemological Perspective.  Boston,  Butterworth-Heinemann

Landman, Neil; Mikkelsen, Paula; Rudiger, Bieler; Bronson, Bennet (2001)  Pearls  A Natural History.  New York, Harry N. Abrams

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