Synthetic diamonds are a fundamental threat to the natural diamond industry. They are not just a competitive product like gems, pearls, or gold jewelry. They are a replacement product. Their marketers shout out: Don’t buy natural diamonds, buy synthetic diamonds because synthetic diamonds are more ethical. They are cheaper. They build up synthetic diamonds by tearing down natural diamonds.
Retired Brigadier General Carter Clarke, 77, founded The Gemesis Corporation in 1995. The company, based in Sarasota, Florida, is the first to commercially produce gem-quality synthetic diamonds grown using the High Pressure- High Temperature (HPHT) process. Martin Rapaport interviewed Clarke to get an insider view on this new facet of our industry.
Are laboratory-grown diamonds a threat to the integrity of the diamond industry? Should jewelers support the development of a market for these diamonds? Is it fair to describe these stones as cultured diamonds? What are these stones?
Bryant Linares, president of Apollo Diamonds, a super-high-tech company based in Boston, is interviewed by Martin Rapaport. Apollo produces perfect industrial diamonds using cutting-edge Chemical Vapor Deposition (CVD) technology and plans to enter the gem diamond business in the very near future.
I remember the old days, before certificates, price sheets, fax machines and the internet. I was an apprentice cleaver learning to sort diamonds in the office of Feival Doppelt, one of the great diamond men of Antwerp. Feival liked me and I was lucky to get an opportunity to work at one corner of his massive desk.
De Beers’ decision to sell synthetic diamond jewelry raises important issues that are fundamental to the future of the natural diamond industry.
DiCaprio’s synthetic diamonds threaten the lives of millions of artisanal diggers.
The sale of synthetic diamonds as natural is challenging the integrity of our diamond industry – what should we do about it?