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Learn About Synthetic Diamonds

What is a synthetic diamond? A synthetic diamond is a man-made diamond produced in a lab under controlled conditions. Synthetic diamonds have been produced now for around 30 years, originally only produced in tinted white and fancy colours, technology has improved in recent years with larger and better quality white man-made diamonds being produced. Synthetic diamonds are produced identical to natural gems in brilliance and structure and without the legal requirements of labelling, synthetic diamonds are indistinguishable from natural gems. The process of creating synthetic diamonds is less expensive and customers should pay around half the natural diamond price.

Marketability of Synthetic Diamonds

Originally, the marketability of synthetic diamonds was quite poor, with very few consumers willing to buy a man-made diamond of below standard jewellery grade quality. However in recent times, synthetic diamonds are becoming a more accessible and acceptable option. The Australian diamond market is comparatively small on the world scale and has taken some time to take on synthetic diamonds into the market but now has a firm and growing place in the jewellery industry.

Although synthetic diamonds will take some of the market share off the natural diamonds market, the perception of a natural product over the man made option will not change. Natural diamonds will always hold their value in the luxury market. In 2015, synthetic diamonds accounted for about 1% of the overall market but that figure has now started to climb significantly through acceptance of affordable pricing and great marketing. It is also interesting to know that the world’s largest current producer of synthetic diamonds for the jewellery market place is, DeBeers, who are also the worlds largest natural diamond distributer.

Certification of Synthetic Diamonds According to Diamond Queensland

Synthetic diamonds like naturals, should be purchased with internationally recognised diamond grading certification like GIA, HRD or IGI, which clearly indicates the diamond to be a synthetic product on the certificate. For both the natural and synthetic markets to hold credibility, the industry must diligently work to ensure that synthetic diamond engagement rings and synthetic diamond jewellery is never passed off as natural stones. It is foreseen that the synthetic market will eventually gain a significant share within Australia in the coming years as natural diamonds become more expensive and harder to mine. Synthetic diamonds vs. natural diamonds have different advantages, so the diamond industry is taking good care to ensure that both markets are well distinguished and represented.

Diamond Simulants

t is easy to get the two terms, diamond simulant and synthetic diamond mistaken but the two products are vastly different in both price and product. A diamond simulant is a diamond like product that mimics the appearance of a diamond at a fraction of the cost and does not have the same physical properties as a diamond. The most common and effective diamond simulants are cubic zirconia and moissanite which can be cut to very closely resemble a natural diamond when new but are flawed by the fact that they are prone to scratching and will turn cloudy with wear.

A synthetic diamond although slightly cheaper than a natural diamond is actually a physical diamond. To almost all testing and observations a synthetic diamond is undetectable against a real diamond and is only different because it was created in a laboratory rather than in the earth by nature.

There are currently no diamond simulants that actually match as a long lasting replacement for a diamond and no matter how good the simulant proclaims to be they are very inexpensive.

Search Wholesale Diamond Prices Online

Once you have decided on the type of diamond you would like to buy, our wholesale diamond search tool is a great place to start looking for quality loose diamonds in your budget.

The online diamond search inventory is an international list of available loose certified diamonds that will give you a great guide to the wholesale price of different quality diamonds to help make your selection.

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