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Diamond Age Coming Soon

Roland Piquepaille writes "In 'The many facets of man-made diamonds,' Chemical & Engineering News (C&EN) writes that synthetic diamonds are getting bigger and cheaper. An example: for Valentine's Day, you can buy a yellow colored man-made diamond, visibly indistinguishable from a natural one, for $4,000 per carat. This is a 30% discount when compared with a natural diamond. This very long article also says that if synthetic diamond makers are targeting the jewelry market first, these new products will have an impact on many other industries. Not only is it now possible to grow bigger diamonds, you also can choose their color. 'Colored diamonds, which are valuable and very rare, can be created by introducing carefully controlled elemental impurities into the stone,' says C&EN. For instance, nitrogen produces a yellow stone. Infusing boron into the growing diamond produces a blue gem. This overview contains some details, references and photos of men-made diamonds, but read the original article for even more technical explanations if you have the time."

134 of 404 comments (clear)

  1. If diamonds weren't a monopoly by Anonymous Coward · · Score: 5, Insightful

    The price would be a lot lower anyway. They've got tons of em, they just let out a select portion each year.

    1. Re:If diamonds weren't a monopoly by AoT · · Score: 5, Interesting

      wow, and insightful first post.
      and you are so right. A few wars might stop as well if the price wasn't so artificially inflated.

    2. Re:If diamonds weren't a monopoly by km790816 · · Score: 5, Interesting

      Wired had a great article about this in September: The New Diamond Age

      The diamond industry is scared. It's interesting.

      (Check out the cover from this issue...Damn!)

    3. Re: If diamonds weren't a monopoly by CrackedButter · · Score: 2, Funny

      This can applied to the gold industries a well, nobody actaully knows how much gold there is because no one is particularly interested for various obvious reasons.

    4. Re:If diamonds weren't a monopoly by RT+Alec · · Score: 5, Insightful

      Old article, from 1982, but quite revealing (I think there was a posting on this to Slashdot a few years back).

      The diamond trade is not only a carefuly controlled monopoly, but the whole idea of diamonds being "rare" and "valuable" is a carefuly crafted (over almost 100 years) con on (mainly) Americans.

    5. Re:If diamonds weren't a monopoly by jmaatta · · Score: 5, Funny

      Open Source diamonds! Yay!

    6. Re:If diamonds weren't a monopoly by 88NoSoup4U88 · · Score: 5, Insightful

      Or we could also save $4000 by not paying such a ridicilous ammount for a crystalline form of carbon.

    7. Re:If diamonds weren't a monopoly by Tassach · · Score: 4, Informative

      Very true. Prior to the 20th century, white diamonds were not nearly as highly prized as colored gemstones.

      --
      Why is it that the proponents of "one nation under God" are so eager to get rid of "liberty and justice for all"?
    8. Re: If diamonds weren't a monopoly by Tassach · · Score: 5, Informative

      The gold industry is not a monopoly; it's a commodity metal available from dozens, if not hundreds, of sources. The vast majority of diamond production & distribution is controlled by a single company -- the DeBeers organization. Also, while the purity (and therefore value) of gold can be easily determined with a chemical test, diamond valuation is very difficult -- even experts can have very different opinions as to the value of a given stone.

      --
      Why is it that the proponents of "one nation under God" are so eager to get rid of "liberty and justice for all"?
    9. Re:If diamonds weren't a monopoly by BuckaBooBob · · Score: 2, Interesting

      I keep hearing stories about Debeers Dumping tonnes into the ocean to cut thier warehousing costs on the overstock of diamonds they have that no-one is suposed to know about to keep costs high..

      I am sure once someone puts man-made diamonds in the mainstream Debeers will just start flooding the market to maintain their "monopoly" on the diamond market safe... But its good to see stuff like this because the man-made ones can still one-up natural ones with colours ect..

      --
      Who needs WiFi when we can have Packet Over Sheep! http://datacomm.org/PoS-InternetDraft.txt
    10. Re:If diamonds weren't a monopoly by PishiGorbeh · · Score: 2, Informative

      """An example: for Valentine's Day, you can buy a yellow colored man-made diamond, visibly indistinguishable from a natural one, for $4,000 per carat."""" Yellow is the worst quality of Diamond!!! Blue is the finest.. and by the way.. The US has THE most expensive diamond market in the world!

    11. Re:If diamonds weren't a monopoly by dubiousmike · · Score: 4, Insightful

      I read this article when it was in the magazine and distictly remember the owner of one of the synthetic diamond startups say that it cost him dollars per carat to create one.

      He got the machines from Russia.

      I'll be damned that now, at least according to the initial listing on /., that the price per carat is now $4k?!?!?

      They are all greedy pigs.

      Folks, next time you need to buy diamonds, buy from each other. I don't believe for a second that the "new" diamonds you buy in stores are often used ones anyway. We all have realatives who are passing on who's diamonds can be sold to one another.

      There is room for a business that independantly verifies quality and clarity when you are buying it not in person...

    12. Re: If diamonds weren't a monopoly by LostCluster · · Score: 3, Informative

      Furthermore, those who come up with a diamond mine not controled by DeBeers can still be crushed because there are many types of diamonds, and no mine find is going to generate all of them... so:

      1. Release extra supply of the type(s) found by the competitor. Prices will naturally plummet.
      2. ????
      2a: Offer to buy out competitor at newly their reduced value.
      2b: Wait for competitor to run out of supply and go away.
      3. Profit!

    13. Re:If diamonds weren't a monopoly by Tony.Tang · · Score: 4, Funny
      (Check out the cover [wired.com] from this issue...Damn!)

      Hey! Those are fake! (diamonds)

    14. Re:If diamonds weren't a monopoly by Penguinshit · · Score: 4, Funny


      Dumping into the ocean, you say? Got some GPS numbers for me?

    15. Re:If diamonds weren't a monopoly by Anonymous Coward · · Score: 3, Interesting

      FYI:

      If you were to talk to your grandparents parents or grandparents, they would have no concept of giving a diamond to someone. For a very long time saphires were the wedding stone of choice, but DeBeers has crafted quite an amazing artificial scarcity, monopoly and hugely successful marketing campaign that just proves that people are f***ing stupid, period.

    16. Re:If diamonds weren't a monopoly by CaptBubba · · Score: 5, Insightful
      Think about it... custom gemstones.

      Send a picture of your sweetheart off with $4,000 and in a month or so you'll get back a 3/4 carat diamond the exact same color of her eyes. I have a hard time believing that the fact that it wasn't "natural' would really set somebody off because after all it is still a diamond and not only that, but it is her diamond.

      These people could make a fortune.

    17. Re:If diamonds weren't a monopoly by CaseyB · · Score: 2, Informative
      the owner of one of the synthetic diamond startups say that it cost him dollars per carat to create one. [...] I'll be damned that now, at least according to the initial listing on /., that the price per carat is now $4k?!?!?

      They are all greedy pigs.

      Right, because researching and developing the technology was free, so they shouldn't have to add anything to the cost because of it.

      By the same logic, all microprocessors should cost pennies, because silicon is cheap and plentiful.

    18. Re:If diamonds weren't a monopoly by digidave · · Score: 4, Funny

      Are the miners in a union? Because that would perfectly explain why they'd have to dump them instead of stop mining. Then again, union miners would probably never mine enough to create a surplus; they'd be too busy filing grievances against their bosses.

      --
      The global economy is a great thing until you feel it locally.
    19. Re:If diamonds weren't a monopoly by Anonymous Coward · · Score: 5, Funny
      so you'll get back a 3/4 carat diamond the exact same color of her eyes

      Considering that most people have brown eyes....
    20. Re:If diamonds weren't a monopoly by stevejsmith · · Score: 5, Interesting
      Miners...UNION!? They employ migrant child labor in South Africa. I doubt that they get so much as a lunch break. In fact, I think the only thing they get in addition to a few pennies a day is a full rectal exam each day after leaving the mine.

      Debeers is one of the most cruel and devious corporations in the world. Their tactics are desicable, yet oh-so-creative. They've successfully stopped Australian and Russian diamonds from being so much as marketed in the United States with these tactics, and I'm sure it'll only take their executives a small amount of time to figure out how to keep these artificial diamonds out of the market.

      You know their slogan, "a diamond is forever"? Yes, forever. Meaning you keep it forever. Meaning you don't sell it. Meaning there is no second-hand market. They really are good at eliminating markets, no?

    21. Re:If diamonds weren't a monopoly by RussP · · Score: 3, Funny

      Ya, and the biggest marketing scam of all is the notion that you don't love your wife if you don't send a suitcase full of money to some billionaire in South Africa. What a farce.

      --
      I watch Brit Hume on Fox News
    22. Re:If diamonds weren't a monopoly by stevejsmith · · Score: 4, Informative
      DeBeers is a single company run and controlled by Anglo American. A cartel insinuates multiple parties. In the diamond industry, there is only one...whether you want to call it DeBeers or Anglo American, it's all the same. It is a monopoly.

      http://www.angloamerican.co.uk/

    23. Re:If diamonds weren't a monopoly by Anarke_Incarnate · · Score: 5, Informative

      Actually, no.
      Blue diamonds are not that rare. Pale yellow diamonds as well as brownish colored diamonds in the K-M range are lower in value. However Fancy Yellow diamonds in the S and higher range are quite expensive.
      Blue diamonds are expensive, but are not as rare as pink or red diamonds. Pinks and reds are orders of magnitude higher in price compared to yellows and blues. As well, do not buy from a vendor who claims they sell "blue/white" diamonds because this has been called a deceptive practice when diamond vendors would sell white diamonds that had blue flourescence that made them appear slightly bluish in hue when in sunlight. Many diamonds exhibit flourescence in many colors. They usually lower the asking price as well. Blue flourescence can be a good thing if it is moderate and does not cause a milky appearance because it can offset a light yellow tone and make it appear a whiter stone.

    24. Re:If diamonds weren't a monopoly by phatsharpie · · Score: 4, Informative

      Below is the exact quote from the Wired article with regards to dollars per carat:

      "But the greatest potential for CVD diamond lies in computing. If diamond is ever to be a practical material for semiconducting, it will need to be affordably grown in large wafers. (The silicon wafers Intel uses, for example, are 1 foot in diameter.) CVD growth is limited only by the size of the seed placed in the Apollo machine. Starting with a square, waferlike fragment, the Linares process will grow the diamond into a prismatic shape, with the top slightly wider than the base. For the past seven years - since Robert Linares first discovered the sweet spot - Apollo has been growing increasingly larger seeds by chopping off the top layer of growth and using that as the starting point for the next batch. At the moment, the company is producing 10-millimeter wafers but predicts it will reach an inch square by year's end and 4 inches in five years. The price per carat: about $5."

      It sounds like ultimately it will only cost $5 per carat to produce these diamonds. However, this is a price on CVD diamonds, which is still a very new process, so it likely would take time to drive the cost down. Furthermore, the price quoted above may only be achievable if diamonds are used in semiconductors, thus driving demands up and prices down. Presently, diamonds are used mainly in jewelry (ignoring industrial usages, which cares less about carats), which supports higher prices. Besides, if a man-made diamond used in jewelry is priced too low, it may even drive potential buyers away. It's the monetary value that drive up demand in jewelry, so if the price is set too low, the demand might actually diminish... Strange, I know.

      -B

    25. Re:If diamonds weren't a monopoly by Old+Wolf · · Score: 2, Funny

      Typical Slashdot comment.

      The rest of us, who actually want a wife and kids..

    26. Re:If diamonds weren't a monopoly by Ed+Avis · · Score: 4, Funny

      But you can buy gold jewellery... it may not be so heavily marketed as 'romantic' compared to diamonds, but it can be just as expensive and that's the important thing.

      Gold mining is not a cartel, and I don't think artificial gold will be made in large quantities any time soon.

      --
      -- Ed Avis ed@membled.com
    27. Re:If diamonds weren't a monopoly by KE1LR · · Score: 2, Informative
      Wired replied to that accusation in the November issue that the only "enhancements" they made were to amp up her eyes a bit and make the diamonds sparkle better.

      On top of that, they say their model had to sit for hours "half-naked and nursing a cold".

  2. Perhaps... by Oen_Seneg · · Score: 4, Funny

    They're also sending hundreds people here to mine the diamonds for them.

  3. Thanks for reminding me... by Valiss · · Score: 4, Funny

    ...that I can't even afford the knock-off diamonds on this V-day, you insensitive clod!

    --

    -Valiss
    1. Re:Thanks for reminding me... by Patrik_AKA_RedX · · Score: 2, Funny

      I have noone to buy any kind of diamond for on S.A.D. (Singles Awareness Day), you insensitive clod!

  4. huh? by andih8u · · Score: 4, Funny

    $4,000 a karat sounds a bit higher than a natural diamond.

    "Look...I got you this overpriced diamond...and its all nice and yellow"

    --


    slashdot, news for crazed liberal socialist zealots
    1. Re:huh? by wmt · · Score: 5, Informative

      A very high quality one carat diamond can easily run upwards of $10,000. Try pricing one on bluenile.com.

    2. Re:huh? by Ralph+Wiggam · · Score: 5, Informative

      Diamonds are graded on color. A is the clearest and the more yellow pigment there is the farther into the alphabet the color grade. The price falls significantly as you move down the scale. Then you get all the way to Z+ which becomes "fancy yellow" and then the price goes WAY up. The yellow is caused by nitrogen impurities. The diamond manufacturing people can make a lot more per carat if they intentionally put nitrogen into their diamonds.

      -B

    3. Re:huh? by wildsurf · · Score: 4, Informative

      Diamonds are graded on color. A is the clearest

      Actually, in the current standard of grading, D is the clearest. This originally came about because of "grade inflation" of diamonds, when it became common practice to label stones as AAA, A+++, and the like. (Similar to eBay auction feedback.)

      So, the new standard began with D to avoid any confusion. In practice, no visible difference in color is apparent until you get into H, I, J color diamonds, at least in my limited experience.

      --
      Weeks of coding saves hours of planning.
    4. Re:huh? by JPriest · · Score: 5, Funny
      What is wrong with the people that leave eBay auction feedback anyway?

      Please rate this post as:
      Super wonderful AAAAAAAAAAAAAAAAA++++ ./ er

      --
      Saying Java is nice because it works on all OS's is like saying that anal sex is nice because it works on all genders.
  5. no dice by maxbang · · Score: 5, Funny

    The next girl who fakes an orgasm with me will get one of these. Then we'll see who's a fat jobless loser.

    --
    I also reply below your current threshold.
    1. Re:no dice by Anonymous Coward · · Score: 4, Funny

      "The next girl who fakes an orgasm with me will get one of these. Then we'll see who's a fat jobless loser."

      So, are you telling us that you are a fat, jobless, loser that can't satisfy women, and afterwards buys the unsatisfied woman an impure diamond.

      Am I missing something here?

  6. $4000? by wmspringer · · Score: 2, Insightful

    $4,000 per carat is a 30% discount? I'm so glad I don't collect jewelry..

  7. Possible regulation? by glpierce · · Score: 5, Interesting

    The diamond industry (mining, cutting, and selling) is quite large. Is it possible they can convince governments to regulate the man-made ones, and have them somehow marked to allow people to note the difference? It may seem a bit out-there, but there's a lot of money at stake for a lot of people.

    --
    G
    1. Re:Possible regulation? by Herkum01 · · Score: 2, Insightful

      I find that it will be hard for a bunch of people who's primary interest in diamonds as bobbles being able to influence governments to regulate the industry. Especially since they have been getting occasional bad press due to associations with instabilities in Africa, for example.

      There is alot of money at stake, but it is not for alot of people. Diamonds are a relatively small industry and they might be able to market them based on differentiation and authenticity, but I doubt that would really keep people in check from manufacturing man-made diamonds.

      Diamonds have alot of properties that people have been unable to test. It has been to expensive, but as the man-made stuff is used to do things like do a "diamond-coating" of electronics. They are discovering all of these properties and incredible uses for them that noone have even considered. Maybe a diamond coated CPU perhaps?

    2. Re:Possible regulation? by Chester+K · · Score: 5, Insightful

      The diamond industry (mining, cutting, and selling) is quite large. Is it possible they can convince governments to regulate the man-made ones, and have them somehow marked to allow people to note the difference? It may seem a bit out-there, but there's a lot of money at stake for a lot of people.

      You can bet that DeBeers will fight until the bitter end to preserve their diamond monopoly.

      Let's hope they lose.

      --

      NO CARRIER
    3. Re:Possible regulation? by kfg · · Score: 2, Insightful

      No. The diamond industry is very tightly locked into only small number of countries.

      So every other country actually benefits financially by participating in the synthetics market.

      Check into the history of porcelain. Same deal.

      KFG

    4. Re:Possible regulation? by Pakaran2 · · Score: 4, Funny

      Yeah, they won't let them call the artifical ones LinDiamonds (tm) :)

    5. Re:Possible regulation? by orthogonal · · Score: 2, Insightful

      The diamond industry (mining, cutting, and selling) is quite large. Is it possible they can convince governments to regulate the man-made ones, and have them somehow marked to allow people to note the difference?

      The synthetic diamond manufacturers have already agreed in principle to mark their diamonds. The one firm will engrave some acronym (what, I've forgotten), and the other is in discussions as to what to engrave.

      But this idea you have that an industry would lobby government to prevent what's essentially generic competition is ridiculous.

      I mean, the legislature would never write, the executive would never sign, laws to, for instance, force you buy a printer manufacturer's *cough* Lexmark *cough* replacement cartridges by calling generic replacements a violation of some Draconian Misapplied Copyright Abuse.

      That's unpossible!

    6. Re:Possible regulation? by damien_kane · · Score: 2, Funny

      ...call it "DaBrews".

      If you live in Chicago, you could call it "DaBears"... although you might get sued by someone else

    7. Re:Possible regulation? by fbg111 · · Score: 2

      Perhaps, but not if Intel, IBM, Microsoft, Siemens, Fujitsu, Toshiba, and the rest of the world's IT companies decide that cheap manufactured diamond wafers are in their best commercial interest. DeBeers is powerful, but I doubt they can take on the world IT industry.

      --
      Flying is easy, just throw yourself at the ground and miss. -Douglas Adams
    8. Re:Possible regulation? by billh · · Score: 2, Insightful

      Second point - Vanillin is to vanilla as high fructose corn syrup is to sugar. I concede the regulation point, though.

    9. Re:Possible regulation? by Moofie · · Score: 2, Insightful

      The diamond industry profits from what is essentially slavery, on rocks that are nowhere near as uncommon as they would have you believe. Their entire industry is a marketing ploy.

      They can go fuck themselves.

      --
      Why yes, I AM a rocket scientist!
  8. dupe? by SHEENmaster · · Score: 2, Funny

    Aparently I'm not the only one that can't afford a knock-off diamond.

    --
    You can't judge a book by the way it wears its hair.
  9. Machine shop changes by jhines · · Score: 5, Interesting

    I visited a friend's workplace last week, a machine shop.

    He said that diamond tooling has made a big change in his workplace, allowing heat treated steel to be machined rather than ground.

  10. Wait a minute. this is a repost, isn't it by iammaxus · · Score: 2

    Didn't i just see something about lots and lots of cheap diamonds posted on /. ?

  11. Time to sell! by incuso · · Score: 5, Funny
    Hey, thankyou for pointing me to this.

    I understand it is time to sell my bag of diamonds before they still have some value :)

    M.

    --

  12. Could Diamond Age come a little bit faster,please? by Lobsang · · Score: 3, Funny

    That would save me some bucks this Valentine's Day...

  13. Talk about timing!!! by instantkarma1 · · Score: 4, Funny

    Way to go, slashdot! This is just what the few geeks who actually have significant others want to hear...ON VALENTINE'S DAY AFTERNOON!!!!!

    Perhaps last week or before would have served us a bit better, eh?

    1. Re:Talk about timing!!! by RyLaN · · Score: 2, Funny

      No, the /.'rs with significant others aren't on the computer right now..

      --
      At least the war on the environment is going well
  14. Poster doesn't have a girlfriend! by Anonymous Coward · · Score: 5, Funny

    "visibly indistinguishable from a natural one"..suuure buddy, let me introduce you to a new and sofisticated tool for certifying the authenticity of a diamond, the girlfriend. Somehow they always know...damn it

    1. Re:Poster doesn't have a girlfriend! by pod · · Score: 2, Insightful

      Hint: You're supposed to take the price sticker off the box BEFORE giving it to someone.

      --
      "Hot lesbian witches! It's fucking genius!"
  15. Obligatory Beautiful Girls quote by Teddy+Beartuzzi · · Score: 4, Funny

    Tommy: What's got him creased?
    Kev: It's a diamond
    Tommy: The fuckin' thing's brown.
    Paul: It's called champagne; it's a trend
    Tommy: Oh right, they were calling it "piss", but they weren't moving any units

  16. Re:Could Diamond Age come a little bit faster,plea by rampant+mac · · Score: 4, Funny
    "That would save me some bucks this Valentine's Day..."

    Dude, this is Slashdot.

    Our imaginary girlfriends would be more than happy with a cubic zirconia. ;)

    --
    I like big butts and I cannot lie.
  17. Re:Positive charge only? by Anonymous Coward · · Score: 2, Informative

    Oh, my. No, "conducting positive charge" does not mean it has a lot of extra charges or the energy associated with them to provide an infinite supply. Silicon in computer chips has stuff added to make it more positive or negative balanced, allowing it to conduct positive or negative charges. Sandwich a positive area between two negative areas and voila! You have a transistor!

    Now, try making one out of diamond (carbon) instead of silicon. This.... could be fun to work with.

  18. Then inform your girlfriend that her 'real' ones by Anonymous Coward · · Score: 4, Interesting

    are likely mined in poor Africian countries with DeBeer's cartel has control of the government and will turn the other way when that government forces children into the state militias. Many of the natural diamonds floating around the market were born out of murder.

  19. a morbid turn by pytheron · · Score: 3, Interesting

    Trust us Brits to come up with this - we had a news article on TV a while back about getting the ashes of your cremated loved ones turned into yellow diamonds ! The coloration comes from the nitrogen content of the ashes apparently.

    --
    "I am not bound to please thee with my answers" [William Shakespeare]
    1. Re:a morbid turn by core+plexus · · Score: 2, Informative
      Might want to RTFA that you linked to: "British customers are flocking to an American company which has developed the technology to turn human remains into diamonds." Sorry, the Brits did not come up with this.

      -cp-

  20. colored diamonds by b17bmbr · · Score: 5, Funny

    isn't that offensive? perhaps they prefer to be called diamonds of color?

    --
    My problem? I was perfectly gruntled, until some numbnuts came by and dissed me.
  21. Re:Positive charge only? by keirnoff · · Score: 2, Informative

    Actually that would mean it is acting as a doped semiconductor. But because of the physics, diamond will almost never act as a conductor. And the positive holes are just the majority carrier. And either way current will flow, whether electrons or holes. It does not imply it supplies any energy.

  22. The real money isn't in jewelry by Sycraft-fu · · Score: 5, Insightful

    It's in electronics. Diamonds have plenty of intersiting properites that make them highly desirable for semiconducter applications, as well as heatsinks. See this article for some info. There's a problem, though, real diamonds simply don't come large enough, pure enough, and in the right kinds to make this practical on anything but a small scale. This will not be a problem with synthetics, they can cook up whatever kind they like, and Apollo at least makes them very, very pure. That's where the real money will be at. As big as jewelry is, it pales in comparison to eveltonics, espically given that we will eventually hit the limit of what silicon is capable of. The synthetic makers are basically just using jewelry as a means to an end, to finance their bussiness to get them to the state where they can start mass producing for other uses.

  23. Diamond branding by DigiShaman · · Score: 2, Interesting

    I hear the DeBeers uses a laser to etch their own logo on diamonds. I'm sure the logo is really small, but this is done to authenticate the real thing. So even if fake diamonds are cheaper and better, DeBeers will still sell their own "natural" rocks based purely on marketing.

    And with synthetics, you can't use their logo or it would be trademark infringement.

    --
    Life is not for the lazy.
    1. Re:Diamond branding by mekkab · · Score: 2, Interesting

      They only use laser etching on the really perfect ones for identification purposes. The ones with lots of inclusions are, for the most part, unique (like finger prints) and can easily be matched to their cert.

      And unless things have changed since I've been diamond shopping, they're just an Identification number. But given the IP/Trademark lawsuits I've seen on the net, I wouldn't be surprised if DeBeers had a "method for imprinting an identification code on a diamond" patent! ;)

      --
      In the future, I would want to not be isolated from my friends in the Space Station.
  24. That's nothing... by ReadbackMonkey · · Score: 4, Funny

    My boss has been diamonds sythethically between his ass cheeks for years.

    1. Re:That's nothing... by presearch · · Score: 5, Funny

      Although comment understand your syntax mangled.

    2. Re:That's nothing... by Richard_L_James · · Score: 2, Funny
      My boss has been diamonds sythethically between his ass cheeks for years.

      I won't ask how you know that.... ;-)

  25. *YAWN* by m0nkyman · · Score: 5, Informative

    1952 was the year that man made diamonds made their debut. Despite all the innacurate blather from Wired, we can still tell man made from natural diamond.Spectroscopic examination of Chemical Vapour Deposition (CVD) created diamonds, which is the method Apollo uses, or the classic High Pressure/High temperature (HPHT) method, both have characteristic absorption spectra. Furthermore, there are some clues to be had with less esoteric equipment. CVD diamonds have a chararacteristic strain pattern in the crystal structure that is discernable. HPHT diamonds are more identifiable, as the gemmologist community has had more time to examine them... decades.

    Man made emeralds and rubies have been made for decades, and in many cases are superior. Chatham offers a life time warranty on their emeralds for example. It hasn't destroyed the price of emeralds, as there are enough people who want the real thing, much like many people can paint a repica of the Mona Lisa, down to the brush strokes, but the real thing is still more expensive.

    The real problem as far as the jewellery industry is concerned is that unscrupulous people try and sell these as real, and less knowledgeable jewellers pass them on to consumers. I have no problems selling man made stones as man made stones, but disclosure is the important part. I expect that this might even drive the price of diamonds that are certified as natural up, due to the difficulty but not impossibility of identification.

    p.s. To those people who think that diamonds are overpriced due to DeBeers, why is it that now that DeBeers no longer controls the industry (less than half of worldwide production now goes through DeBeers), why have prices stayed stable? Could it be that the price of mining and cutting is reflected in the price of diamonds, and that the pricing actually is correct?

    --
    ~ a low user id is no indication I have a clue what I'm talking about.
    1. Re:*YAWN* by Anonymous Coward · · Score: 2, Informative

      This interview http://www.globes.co.il/DocsEn/did=444509.htm
      wit h #2 in the business (Lev Leviev) may explain it for you if you read between the lines. It's the same people playing the same monopoly game, it only looks like competitors.
      Google on "Debeers leviev" for more, or "diamonds israel london new york"

    2. Re:*YAWN* by geekoid · · Score: 2, Interesting

      emeralds are 19 times rarer the diamonds.
      Why are the cheaper?
      could DeBeers and others be in collusion?

      --
      The Kruger Dunning explains most post on /. http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
    3. Re:*YAWN* by Sleeper · · Score: 4, Informative

      your skepticism is admirable however substantially missinformed.

      let's start from the bottom of your post. quick trip to a google site will tell you that DeBeers controlls currently roughly 60% of the diamond market (it's not 85% as it used to be, but still substantial chunk) with Russia slowly gaining on them with 23% current share (btw. it took decades to Soviet Union and then Russa that mines their diamonds in Yakutia to get that much share of the trade) but still majority of Russain (Yakutian) diamonds are cut and sold by DeBeers. You quote about "less then half" actually belongs to the share of diamond trade in DeBeers profits. It is true diamond trade is not a major source of profits for DeBeers. Well, any "natural" monopolist if he/she is not complete moron will eventually try to diversify his/her business. Isn't it what Microsoft is trying to do since beginning of 90's?

      Comparison to emeralds and rubies is not exactly fare. Several things separates diamond market from other gemstones. The main reason for that is that people (who bought into this marketing campain back in 1930's) are idiots. When you buy little 1.5 karat diamond you also buy a "marketing bubble" the size of Alaska. Compared to other gemstones substantial amount of diamonds do not end up in jewelry. Everyboy is so convinced that diamonds are such a good investment (mostly due to their ignorance) that in essence almost all diamonds go one way and almost never leave the extended family of the original buyer of the diamond. Secondary market as really tiny dwarf compared to the original one. Well, untill it's time to go to a pawn shop.

      The fact that you need to have a small spectroscopy laboratory to distinguish natural diamond from artificial can actually decrease the price. Diamond dealers (both cut and uncut) follow the rules that were established (i'm not kidding you) over the centuries. These people do not want to change. Here are the rules (at least the way my friend who tried to do this in 90's told me). Rough uncut diamond is pretty cheap. The dealer who buys it from you has only a microscope at most to look at it. If he/she sees just as little a scratch or attemt to polish the stone (to look what's inside) he or she will tell you "good buy" and then will call to every dealer he or she knows to tell them not to have any business with you. You will be literally finished in diamond business. The reason? Originally when you bought rough diamond you would not really know how much of cut diamond you would get due to the impurities inside. As soon as dealer will get just a feeling that you try to inflate the price of uncut diamond buy trying to find out what and where it has impurities he/she will stop any relations with you.

      Diamond cutting industry however made significant progress over the years. It can be probably compared with electronic industry. AFIK this was pionered buy Japanese. Before cutting the diamond every stone goes through all kinds of tests X-ray, ultrasound spectrography etc. And then a computer program optimizes the cut to get the highest value possible. This is being done probably since 70's. 80's for sure. This all is actually great. The problem I have with all this is that price of a cut diamond has not significantly changed. It's like buing a CPU from Intel or AMD and they charge you for every fucking transistor (how many of them now tens of millions?) they have there the price they used to ask for transistor back in 50s.

      If you can make artificial diamond that will not be distinguishable from natural one visually it is great. (Thinking soon you might have to have a certificate of authenticity or God forbid actual spectroscopic data makes me laugh). That is why those guys are probably scared now. That is why they are going to demand that every artificial diamond should be sold on separate market. They are clever salesmen but they are essencially leeches.

      Oh well this post is too long for me to check spelling.

      --
      - Back off man. I am a scientist
  26. Also covered in Wired Magazine by telstar · · Score: 3, Informative

    Wired Magazine had a cover-story about synthetic diamonds a few months back with some pretty detailed information. Slashdot covered the story here.

  27. Re:Spotting a natural diamond is possible by Tassach · · Score: 4, Interesting
    Also the flaws are noticably different -- synthetic gemstone flaws are usually symmetrical bubbles, whereas natural stones have different kinds of flaws which look more, well, natural.

    --
    Why is it that the proponents of "one nation under God" are so eager to get rid of "liberty and justice for all"?
  28. Re:The point of buying a diamond... by mrscorpio · · Score: 2, Insightful

    Yeah but this "point" is a totally falsified marketing ploy that is already devoid of meaning.

    Chris

  29. Date of bitter end by tepples · · Score: 5, Insightful

    The bitter end will come in 2023, when Apollo Diamond's U.S. patents on chemical vapor deposition are scheduled to expire.

  30. Coke and Pepsi by tepples · · Score: 3, Interesting

    DeBeers will still sell their own "natural" rocks based purely on marketing.

    Likewise, Coca-Cola had a monopoly on cola soft drinks until Pepsi and RC came around. Some people will always prefer De Beers's conflict diamonds, but others will prefer Apollo brand cultured products, and competition will drive prices down until the bottom falls out of the market in 2023 when Apollo's patents run out.

    1. Re:Coke and Pepsi by Rude+Turnip · · Score: 2, Insightful

      "Some people will always prefer De Beers's conflict diamonds,..."

      Please, call them by their proper name....blood diamonds. Nothing more, nothing else.

  31. The Super X-Prize by LostCluster · · Score: 2, Funny

    Find a way to get BPM 37093 or just a large part of it returned to Earth, and you'll have DeBeers out of business instantly...

  32. De Beers monopoly by debrain · · Score: 4, Interesting

    For those of you who haven't followed diamonds for a while, De Beers is arguably the largest and most prolific monopoly in the world, having survived, among other incidents, an American anti-trust inquiry with its reputation, and vicariously that of diamonds, entirely unscathed.

    There are several forms of producing synthetic diamonds, and the closer these synthetic diamonds are to real ones, the more likely the company will be bought and all its intellectual property dissolved.

    One company is Apollo Diamond, I recall. From what I understand, their research is conducted in the back of a pharamacy in an undisclosed mall somewhere in the USA.

    Apparently, threatening to undermine a multi-billion dollar industry is very risky. I seem to recall there have been numerous coincidental deaths related to diamonds, diamond mines, and synthetic diamonds. Like all things involving enormous economics, life, liberty, and security of person are hardly the most important.

    1. Re:De Beers monopoly by openmtl · · Score: 2, Informative
      For those of you who haven't followed diamonds for a while, De Beers is arguably the largest and most prolific monopoly in the world, having survived, among other incidents, an American anti-trust inquiry with its reputation, and vicariously that of diamonds, entirely unscathed.

      No - Microsoft is the largest and most prolific monopoly in the world without a question. De Beers did not survive the US Anti-trust as its senior officers are forbidden to touch US soil for fear of being arrested.

      --

  33. GPTV by NetNinja · · Score: 3, Informative

    There was a show on Gerogia Public Television last night about Australia's diamond mine called Argile and the rare pink diamond that it produces.
    They don't even mention the prices because they go into private collections.

    Actually Rubies and Saphires are a more rare gem.

  34. conflict diamonds ... by Punctuated_Equilibri · · Score: 5, Informative

    I think I would actually prefer a man made diamond, in places like Sierra Leone and Congo diamond mining is the cause huge amounts of criminal violence and suffering.

    --
    In group behavior: 'because they're evil/morons/sheep/crazy' is not 'insightful' it's 'oversimplified'
  35. for more, go to PBS by tloh · · Score: 5, Informative

    A few years ago, there was an exellent installment of NOVA that looked into the whole natural/synthetic diamond business. Everything from the early history of how DeBeers cornered the market to the (then) latest attempts at producing gem quality crystals.

    --
    Stay sentient. Don't drink bad milk.
  36. Diamonds-Value- Ha! by shubert1966 · · Score: 5, Funny


    Here's something: Literally give your significant other the sun . . . A white dwarf diamond that is!

    Scientists from the Harvard-Smithsonian Center for Astrophysics, the University of Cambridge, and UFSC Brazil have identified in the constellation Centaurus what is likely to be the fate of our own sun. With a rhythmically harmonious core and a 'suface' of hydrogen and helium this carbon-predominant cellestial body is known as BPM 37093. It is the largest diamond ever indentified in the wild at Twenty-five hundred miles across and weighing 5 million trillion trillion pounds!". Artistic Representainions and Videos are available here.

    The Catto Diamond
    A businessman boarded a plane to find, sitting next to him, an elegant woman wearing the largest, most stunning diamond ring he had ever seen.
    He asked her about it.
    "This is the Catto diamond," she said. "It is beautiful, but there is a terrible curse that goes with it."
    "Oh - what's the curse?" the man asked.

    "Mr. Catto."

    --
    Stuff that matters.
  37. Re:I heard an interview on NPR with one of the by Pakaran2 · · Score: 2, Insightful

    They can only do that so long, though, quite seriously. Imagine trying to corner the aluminum market in 1850, or force everyone to keep using vacuum tubes in 1955, by making death threats against individuals. Sure, it might work for a year or two, but after awhile people might realize that paying a year's pay per pound for Natural Aluminum (tm) isn't worth it.

    Granted, this is a flawed analogy.

  38. A rose by any other name... by thecountryofmike · · Score: 3, Funny
    Diamonds are a really cool material, especially for engineers. Look at thermal conductivity graphs...there's diamond, showing off as the best thermal conductor. Now look at graphs of modulus of elasticity (~hardness)...again, diamond is showing off. Want a material with a high refraction index? Diamond has the highest

    I say enough of this. I'm tired of diamond being the best at everything. Let's all surround diamond after posting, and set it straight. Maybe we can go all Orwell on this holier-than-thou tetrahedral structure, and erase it from history. Now who's the hardest, huh?

    Diamond thinks is so tough....

  39. Jewelry isn't the best part-- by Anonymous Coward · · Score: 2, Insightful

    Try extremely hard, optically clear from infrared through ultraviolet, and a near-superconductor for heat. If we are going to have optical chips enter the mainstream, it's probably going to be diamond rather than silicon for the substrate.

  40. Re:The point of buying a diamond... by kfg · · Score: 3, Funny

    A diamond ring needs to cost about twenty bucks.

    Until then it's cubic zirconia and $3980 worth of food and heating oil for you, my sweet.

    KFG

  41. So what's the betting by gidds · · Score: 2, Insightful

    ...that DeBeers manage to persuade everyone, with a cunning advertising campaign, that there's nothing like a natural diamond, and that she'd be insulted to receive anything artificial as an engagement present? After all, it worked for cubic zirconia... They can afford it, and they do have an awful lot to lose if they fail.

    --

    Ceterum censeo subscriptionem esse delendam.

  42. Won't last by DumbSwede · · Score: 4, Interesting
    So where is all the high value aluminum trinkets not obtained through bauxite processing? Aluminum use to be a precious metal, and now it isn't. I'm sure naturally occurring aluminum has some crystalline properties that processed aluminum doesn't, and yet there is no market for "natural aluminum".

    The resorting of finding ways to distinguish crystalline properties, is just a stalling tactic on the part of the diamond industry. I doubt the public cares about minute differences in the crystalline structure if all other properties are identical (which is not the case for say cubic-zirconium).

    Should the public care, then eventually technology will find a way to make the diamonds the same on even this level. More likely synthetic diamonds will exceed natural diamonds in purity and regularity of structure. The diamond cartel will try to convince the public (unsuccessfully) that they want inferior natural diamonds, and the whole thing will collapse.

    For a while the two may exist side by side, much like the cultured pearl industry and natural pearls, but it will have a depressive effect on the price of natural diamonds.

    The writing is on the wall my friend.

    1. Re:Won't last by Graff · · Score: 3, Informative
      So where is all the high value aluminum trinkets not obtained through bauxite processing? Aluminum use to be a precious metal, and now it isn't. I'm sure naturally occurring aluminum has some crystalline properties that processed aluminum doesn't, and yet there is no market for "natural aluminum".

      Well there is the most famous one of them all, the cap to the Washington Monument. That aluminum was produced from the mineral corundum - a form of aluminum oxide. Corundum is the base mineral that rubies and sapphires are formed out of, chemical impurities in the aluminum oxide form the characteristic red and blue coloration.

      Pure aluminum is pretty much never found free in nature. This is because aluminum, like most metals, is reactive enough to have combined with oxygen. There are many forms of aluminum oxide, you can read more about it here.

  43. Diamonds are no longer a GIRLS best friend by Linuxathome · · Score: 4, Interesting

    The interesting point about that Wired article is that the owner of one of the companies is not really interested in making money in diamonds via selling it as jewelry. Rather, he may be selling some as jewelry to bankroll more research in developing diamonds that are large enough to supplant silicon in creating new types of computer processors. The semiconductor business is where the money's at. In fact, that's how he originally made his fortune, as an engineer in Silicon Valley developing chips. When he dropped everything and pursued diamonds, many thought he was a kook. Both heads of the companies fear for their lives, I'd imagine, and rightly so -- you don't know how ruthless DeBeers can be.

  44. Re:The point of buying a diamond... by Qzukk · · Score: 4, Insightful

    And what meaning would that be? "I'm willing to spend a few thousand dollars on you"? Buy her a nice car, it will have a purpose and cost way more than some piddling little ring. Buy a house, you're going to be making a family theoretically, you'll want a place to live, right?

    There are plenty of better ways to show that you're willing to spend money on someone (how exactly does this relate to love again?) that are actually useful, or that could be just as, if not more, romantic (Paris for two for a week?)

    --
    If I have been able to see further than others, it is because I bought a pair of binoculars.
  45. Not sold for guns by m1kesm1th · · Score: 2, Interesting

    Gemesis have a gallery showing the usage of their stones in jewellery (also it seems some are from the Accendo Collection,

    Accendo Collection a reseller of cultured diamonds also make jewellery and also a loose stone inventory and pricelist.

    Or alternatively (if you have the cash) there are other authorised retailers

    It is probably wise to bear in mind, that unless the manufacturers can keep the prices close to mined diamond prices, there is no incentive to buy. If I believe a cultured diamond I will buy will produced at a lower price in a few months, I will feel disappointed to put it lightly. However, regardless of cost. I'd prefer a manufactured diamond to a mined diamond. The history surrounding most areas involved in diamond trade and companies involvement in it does not endear me to them.

    Personally however I'd like one of these diamonds, however I've never really liked Yellow, regardless of its fancy nature. I prefer blue or black.

  46. Down with de Beers by Rick+Zeman · · Score: 2, Interesting

    Anything that helps destroy their hegemony I'm all in favor of; they're worse than Microsoft and Wal-Mart together in my book.
    Luckily for the me, the wifal unit doesn't hates diamonds so I've never had to buy one.

  47. I would never buy a diamond by Schemat1c · · Score: 5, Insightful

    Any woman that ends up with me knows right from the start not to expect diamonds or gold from me. I have no problem buying jewlery, but I buy from independant artisans. Not only does it support the little guy but to me it means lot more to give a unique, one of a kind gift as opposed to some generic diamond/gold piece that you can buy in any mall in the country.

    --

    "Nobody knows the age of the human race, but everybody agrees that it is old enough to know better." - Unknown
  48. As a geek, I prefer fake stuff anyhow. by NotQuiteReal · · Score: 2, Insightful
    I think synthetic emeralds, rubies, and saphires look better than the natural ones - they are chemically identical, but without imperfections. Soon I will get cheap diamonds. Sweet!

    I understand and appreciate the amount of labor involved in digging "real" gems out of the ground - and this adds to the intrinsic value of those things. [Of course there is some monoplistic markup, too, but that is not the point.] At the end of the day, the utility of a material good is what counts. Just about any other kind of stuff you can think of gets cheaper all the time [adjusted for inflation] - why shouldn't diamonds? [Boo Hoo, De Beers... Boo Hoo RIAA... both of you have distribution models being upset by technology]

    In general, I like machine-made, manufactured goods anyhow. I don't really care for artsy-crafty things. Would you rather have a robot-built flow-soldered TV, or some hand-made thing made by the local hobbiest?

    "Fake" diamonds are still diamonds - just without all the human toil to get them (and without natural imperfections!) Why should my gems be any different? [Even most "art" - I can enjoy and appreciate copies. Why do I need the original? Heh, if you like some of my programming, I'll sell you the original bits if you like.] How long before they manufacture gems with imperfections so that they seem more natural?

    Here is a question I have always had - if you have something that is atomically/chemically/perfectly identical to something else - why isn't it the same? Where do you draw the line? Mfg carbon crystal = diamond. Why is a conterfeit gold coin worth less than a "real" gold coin, if they are both made out of gold and struck with the same dies? Makes you wonder about printed currency. What if you fake the bits that represent my bank account? Now I am getting waaay OT...

    --
    This issue is a bit more complicated than you think.
  49. DeBeers by t0ny · · Score: 5, Funny
    Cool. I can see the headlines now:

    Scientists to DeBeers: FUCK YOU!!!

    --

    Manipulate the moderator system! Mod someone as "overrated" today.

    1. Re:DeBeers by dnoyeb · · Score: 4, Informative

      Please. DeBeers to scientist. Pow!

      They had synthetic diamonds for years (i mean the top quality ones too). Scientific purposes required them and have been using them. Its like Linux, we cant afford yours so well roll our own.

      DeBeers is essentially trying to get the governments to forceibly label them as synthetic because otherwise no one can tell the difference.

      Diamonds are a racket. I will never buy *another* one. What can I say? This logic stuff don't work to well on women :-)

    2. Re:DeBeers by trinity04 · · Score: 2, Insightful

      Lovely generalization about women there. Unfortunatrly the logic stuff does not seem to work with men either.

    3. Re:DeBeers by trinity04 · · Score: 2, Insightful

      I didn't mean you were being illogical by making a generalization. All I meant is that men can be just as illogical as women. It's not a gender thing. Women, as men, have appreciation for beauty. And diamonds are beatiful forms of crystal carbon. Just as mountains can be beautiful piles of dirt and water. sI am sorry if this is totally of topic.

  50. thats just silly, by pablo_max · · Score: 5, Insightful

    Its amazing to me that we all know diamonds are NOT rare at all, yet we still pay a premium for them. Anyone who watched the discovery channel knows that there are in fact HUGE stores of diamonds held back to keep the price up. I would be willing to bet that colored diamonds are not that rare at all, but are kept back in all but tiny numbers to make them seem that way. We know that DeBeers is evil. We know that deal in blood diamonds so they are certainly not above this.
    Heck ADM and its competitors were in a global plot to keep lycean (spelling) prices high for years and they weren't killing people, so just think how far DeBeers would go. \

    Assuming that the diamonds are not rare at all as most of us know, what then is the point of making them? They are only cheaper then the inflated price but would most likely be more expensive if people knew the truth about diamonds. IMHO anyways.

  51. Other information about Diamonds by tres3 · · Score: 5, Informative
    There was a good story in Wired about synthetic diamonds not to long ago. It was discussed on Slashdot too. Where diamonds are going to be interesting in the future is when they displace silicon in chip manufacturing. A diamond chip can operate at temperatures that would turn silicon into a puddle in the bottom of your machine. If Moore's law is to continue, and faster chips = hotter chips, then silicon is going to have to be replaced. The eetimes has an interesting article about a diamond semiconductor, verified by NTT, that operates at 81GHz or 81,000MHz! Another one of diamonds benefits is its high thermal conductivity.

    There is even a third type of diamond that has been developed at City University in Hong Kong. It differs from the one found in nature (a cubic form) and the one found in meteorites (a hexagonal form) by the way the carbon atoms bond to each other: rhombohedral form.

  52. Re:Apparently they both were. by Anonymous Coward · · Score: 2, Informative

    Actually, Wired responded that her breasts were NOT photoshopped. I don't recall an apology for anything.

  53. Re:Fake diamond strength? by Rasta+Prefect · · Score: 4, Informative
    They look the same, but could you use the phony diamonds for industrial uses that real diamonds are used for? ie. diamond-tipped drill bits? Would they hold up?

    Somebody apparently didn't read the article. They aren't "phony" diamonds. They're _real_. Purer than the real thing in fact. On top of which, diamonds used in diamond tipped drill bits are _already_ industrial (read: artificially manufactured) diamonds. The only difference here is that traditional methods generate only diamond dust or a thin film.

    --
    Why?
  54. Re:Then inform your girlfriend that her 'real' one by m0nkyman · · Score: 3, Insightful

    Your post would have been valid seven years ago.

    Kimberly Process. It is being taken very seriously in the trade, and for very selfish reasons, as well as ethical ones. The idea of children with their legs cut off does not sell diamonds. The diamond industry has made every effort to sort it out. Compare our attitude to that of the clothing industry while they continue to use third world slave labour.

    --
    ~ a low user id is no indication I have a clue what I'm talking about.
  55. The trouble with "flawless" as a goal by Animats · · Score: 4, Insightful
    The diamond industry has dug itself into a hole in the gemstone area, by valuing diamonds by lack of flaws. The "ideal diamond" is a perfect crystal. This is not where you want to be positioned when going up against an industrial manufacturing process. Especially against a process borrowed from the semiconductor industry.

    Expect PR campaigns emphasizing "the natural flaws of diamonds".

  56. Re:The point of buying a diamond... by michael_cain · · Score: 2, Insightful
    And what meaning would that be? "I'm willing to spend a few thousand dollars on you"? Buy her a nice car, it will have a purpose and cost way more than some piddling little ring. Buy a house, you're going to be making a family theoretically, you'll want a place to live, right?

    There are plenty of better ways to show that you're willing to spend money on someone (how exactly does this relate to love again?) that are actually useful, or that could be just as, if not more, romantic (Paris for two for a week?)

    Exactly. By the time you get to where the advertisers are telling you that a $4,000 diamond is appropriate, people ought to be thinking in terms of "our" money, not "his" money or "her" money (with apologies to couples of the same sex). Side note -- counselors say that if you can't bring yourself to think of it as "our" money, and agree in general on financial priorities, your relationship has an excellent chance of failing. Somehow, spending $4,000 of "our" money on a diamond, which was going to spend most of its time in a safe-deposit box because you have to be nuts to walk around with that much in easily stolen/fenced goods on your finger, seemed like the wrong thing to do. Take a romantic trip, save towards a house, pay off some of your school loans, start a college fund for your kids, buy a new television; there have to be a zillion things that are more important to a couple starting out than a $4,000 diamond.

  57. Human rights benefits. by ron_ivi · · Score: 4, Insightful
    I think the best part is that the alleged abuse of diamond miners and the alleged wars in africa over their control would go down.

    I, for one, would pay a premium for a diamond's profits went to high-tech inventors instead of to slave owners.

    1. Re:Human rights benefits. by afeeney · · Score: 3, Interesting
      I so wish that this would send DeBeers and the diamond cartel down.

      Unfortunately, history suggests otherwise.

      Synthetic rubies and sapphires go for less than a dollar per carat wholesale. Natural ones are still more expensive, even ugly, flawed, tiny ones. The high-quality stones still go for hundres per carat, rising into the thousands as the size increases.

      The synthetics are used mostly for industrial use, class rings, and similar very cheap jewelry (except where it's passed off as the real thing).

      I don't see anything indicating that this is going to change, unfortunately, not until consumers decide that the DeBeers syndicate is just too dirty, and either insist on stones from outside the syndicate (Canada is producing some very nice ones) or choose diamond alternatives.

  58. Totally missing the point by Effugas · · Score: 4, Insightful

    The reason a $10,000 diamond is valuable is because it cost $10,000. If it cost $100, you just bought your girl -- the love of your life -- a symbol worth less than an XBox.

    Rarity in fashion is a strange thing; the cost of the object becomes an inherent part of the value -- it's not that the object is worth some certain amount, it's that the acquisition of it was so horrifyingly expensive and difficult that only a very precious few could achieve it. To gift someone with the results of this effort -- that's a sign of significance.

    This might seem difficult to comprehend, so let me jump domains for a moment. What's the value of a moon rock? I mean, it's just rock from the moon; we could probably synthesize something chemically identical trivially. Ah, lets say you got an award, and were given the moon rock as a prize. Tell me you wouldn't show it off to everyone.

    Same sh*t -- only difference is, instead of the cost being that of a trip to the moon, the cost is an enormous amount of one's savings. The price of diamonds is set high enough to be interesting but low enough to be possible.

    It has NOTHING AT ALL to do with the value of the rocks themselves.

    --Dan

  59. Re:Could Diamond Age come a little bit faster,plea by the+gnat · · Score: 2, Informative

    I loved in college (I went to an Ivy League school, so it's worse there) how all the women are still idealistic and romantic and have ridiculously high standards, and being college-age are of course very loud and indiscreet. You get to overhear (or worse, take part in) some wonderful conversations that, if you're a complete nerd like me, will pretty much ruin your week.

    One of my favorites was a girl (who I worked with at the time) who said that if *her* (hypothetical) boyfriend asked her to marry him, he'd better have at least a 2-carat ring for her or she'd break up with him immediately. Some women could have said this and it would have been taken as a joke, but not her. (I imagine every guy who read that email felt his testicles recede into his body cavity.)

    Now I'm in grad school, so there are actually girls getting married and showing off their shiny new rings, which is even more depressing. (Especially since on my salary I'd probably have to pawn my laptop to buy even a fake diamond.)

  60. Re:Then inform your girlfriend that her 'real' one by drinkypoo · · Score: 2, Insightful
    The fact remains that DeBeers has diamonds in their posession which are old enough to have been "produced" (made salable) with real live honest to god slave labor. Furthermore, since they control such a significant portion of the trade, supporting them is supporting a company whose success was founded on slavery.

    Of course, Krups made gas chambers for the third reich, but they still make a badass espresso machine; GE's weaponry has killed more men than measles. Most sizable corporations which have been around long have a checkered past. While I'm mentioning the third reich, I guess I oughta bring up Mercedes and Volkswagen, too.

    I'm not sure what my point was in general, but I'm pretty sure that in general, the odds of getting a diamond which came from someone you don't want to support are far too high. I know there are diamonds which are certified to have been processed without ruining anyone's lives, but in general the industry is overinflated because of the actions of some terrible ruthless people, and I'm committed to avoiding natural diamonds at this point. Especially when the artificial ones are going to be cheap as hell and distinguishable from the natural ones mostly because their quality will be higher.

    --
    "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
  61. Thanks DeBeers by marshac · · Score: 3, Insightful

    Personally, I'm glad that the price of diamonds is so high... I don't care if it's a monopoly or not. If diamonds weren't worth so much, there wouldn't be as much R&D dollars spent towards developing synthetic diamonds... and without that technology, the "diamond age" of electronics would be much much farther in the future.

  62. Re:Could Diamond Age come a little bit faster,plea by Eccles · · Score: 2, Funny

    One of my favorites was a girl (who I worked with at the time) who said that if *her* (hypothetical) boyfriend asked her to marry him, he'd better have at least a 2-carat ring for her or she'd break up with him immediately.

    I'dlike to pull a Churchill on her. Tell her you don't have a diamond ring, but you would give her $50 to sleep with you once. "We already know what kind of girl you are, we're just haggling over the price."

    --
    Ooh, a sarcasm detector. Oh, that's a real useful invention.
  63. bah I say, bah! and bah again! by ShadowRage · · Score: 2, Insightful

    The real diamond people are gonna keep buying real diamonds as long as they have the money, this is a better solution to "OH SHIT! I forgot to pay the $20,000 wedding ring" problem, personally, I think this is great, because if I want to give my girl a nice ring, I can.

    however, for them to waste this on the jewelry industry is what bothers me, the fact that now we can create diamond is something we need to embrace because we can now make diamond-tipped drills and saws cheaper, and can make quality car parts, (aka, racing parts for real muscle cars) etc.

    That's where the money is.

    of course, people do like shiny things so jewelry will prolly suffice, all I say is that it's a giant waste of a new source of one of the toughest elements in nature.

  64. Re:Spotting a natural diamond is possible by Muhammar · · Score: 3, Informative

    Not qute so. Melt-grown High pressure/high temeperature diamonds can have inclusions (tiny specs of the metal solvent) in them and a microscopic defect from the original seed crystal. Also the fancy yellow kind which Gemesis produces used to be extremely rare, so if you see one like this chances are that it is artificial. Then there is fluorescence (shine under UV) with most of these stones, although not with every one. (And a portion of natural diamonds have fluorescence also). The most reliable test is FT-infrared spedtroscopy, there are characteristic absorbtion bands in these artificial diamonds because of a different nitrogen atom distribution than in naturals.

    Plasma-deposited diamonds (Apollo) are typicaly flawless, and they do not grow from a seed. So far, these tend to be small and very flat. If anything, they tend to appear "too perfect" upon inspection.

    --
    I doubt that we will ever figure out - and I suspect that even if we did figure out we couldn't do much about it
  65. Diamonds aren't forever, just a long time by nfabl · · Score: 2, Informative
    You know their slogan, "a diamond is forever"?

    As i understand it, although an extremely strong physical substance, the chemical nature isn't quite so resilient, and they break down over 10,000 years or so. I'm not quoting facts here, just something i vaguely remember from chemistry.
  66. Re:Could Diamond Age come a little bit faster,plea by Guppy06 · · Score: 2, Funny

    If you're going to have an imaginary girlfriend, you need to learn to do it right. My imaginary girlfriend was quite happy with a new copy of Metroid: Zero Mission.

    I mean, hell, may as well go for broke.

  67. $4000 for an artificial diamond?! by oohp · · Score: 2, Insightful

    That's a lot. Why the hell would anyone pay that amount anyway, because the stone isn't natural in the first place and they can make 10e6 pieces a year on a production line just like cars and other goods. Why would anyone want a diamond that's not unique at 30% discount from the real thing? I mean it has to cost a fraction of the equivalent real diamond. I bet the production costs are a fraction of what they seel the diamonds for.

    1. Re:$4000 for an artificial diamond?! by bhima · · Score: 2, Funny

      Hell! I'm still trying to understand why anyone would buy a diamond, real or otherwise.

      --
      Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity.
  68. Some musings on Diamond as a metastable material by dbIII · · Score: 4, Informative
    As i understand it, although an extremely strong physical substance, the chemical nature isn't quite so resilient, and they break down over 10,000 years or so.
    It all depends on temperature. Diamond really wants to be graphite, the same stuff that is in pencils, because it takes less energy to be graphite. Transformation will happen very slowly over time, unless you add a bit of energy by warming things up, so a hot diamond will transform into graphite much more quickly. There's a James Bond film where the villans smuggle diamonds in coffins with corpses and get them out of the ashes later, but anynone that tried that would just get expensive ashes. At a few hundred degrees the transformation would occur in seconds instead of thousands of years, and you would end up with very expensive bits of graphite.

    The term for what the diamond structure is at room temperature is "metastable", which means it isn't stable, but may as well be since you don't care what is going to happen to the diamond in a few thousand years at room temperature.

    As for the chemical vapour deposition machines, the technique is simple and the machines are relatively cheap (I used to work in the same room as one in a fairly poorly funded university), and there are quite a few now being used in industry to put diamond and other coatings on things. The trick is always getting the reaction to occur at the surface, and getting things to stick.

    Industrial diamond coatings that just have to be hard is one thing, but things that have to be low in flaws or have carefully placed impurities (doped semicondutor junctions) are a bit trickier, or things with large thicknesses (a dirty great big rock to put on someones finger instead of a ten micron thick layer) are also tricky. The old way of producing artificial diamonds, used by DuPont, is to wrap explosives around some graphite and set it off. This produces lots of nice little diamonds, which are great if you don't care about optical properties (they look black) or size (average around 0.1 mm). This is of course completely useless for electronics or jewelry, and it's not that easy to stick little diamonds together to make a large solid object (you need to hit it really hard and really fast, and you can't hit it fast enough in a normal atmosphere).

  69. I HATE IT when people think small... by Anonymous Coward · · Score: 2, Insightful

    You guys are all guilty of trivializing what is probably a breakthrough in materials science equal to the semiconductor IC or plastic.

    Sure right now these guys are pricing their rocks at Thou$and$ per Carat because they are trying to wrestle up enough venture capital to push to bigger and better production levels in the future.

    Now let's try to see beyond the shiny bling blings and see where this technology is gonna take us in the next few decades.

    How much would Uncle Sam be willing to pay for a Solid Diamond Tank? Or for that matter a diamond-clad warhead for an anti tank missile? Potentially it'll become possible to "grow" enormous sizes and oddball shapes virtually as easily as we press out fiberglass today. I wonder how easily automobiles with diamond structural components can pass NHSA crash tests? How about replacing home and business windows with diamond sheets instead of tempered glass?

    The potential applications are mind boggling to say the least. Undoubtedly the production costs will come down as the technology matures and by the time the patents expire we'll start seeing diamond consumer junk on every shelf. The jewelry industry better sell off its stockpiles while they can for whatever price they can get cause in a few decades a 5 carat diamond will be about as valuable as a 70's era mood ring.

    The only real downside I can see about this is how do we dispose of obsolete diamond artifacts when we're done with them? How do you scrap 30 sq. ft. sheets of obsolete diamond window glass?

    Personally I'd love to own a chunk of Apollo right now, but they haven't announced an IPO yet. Shiny eye candy and IC wafers are just the beginning of a materials revolution that's gonna blow a hole in conventional industry in a few years, and we're standing here babbling about shiny chunks of glass-like material that we overpay for in the hopes of getting laid :)

    1. Re:I HATE IT when people think small... by ChaoticLimbs · · Score: 2, Interesting

      A diamond tank wouldn't be desireable. Diamond is HARD, not strong. Steel is strong, and (kind of) hard. The strength is what's really needed- however, if we could make thin layers of diamond and laminate them with layers of steel, who knows what the results would be like?

  70. Re:Some musings on Diamond as a metastable materia by red_gnom · · Score: 4, Informative

    "At a few hundred degrees the transformation [of diamond] would occur in seconds instead of thousands of years, and you would end up with very expensive bits of graphite."

    In air (which is about 20% oxygen) diamonds will withstand heat to around 1560 degrees Fahrenheit. It is not necessary for jewelers to remove diamonds from jewelry prior to soldering it with a blowtorch. If you coat a diamond with boric acid, you can heat it to higher temperatures then that.

    Diamonds Lasting Forever

  71. It's the thought that counts? by nounderscores · · Score: 2, Funny

    not if you're using it as gambling collateral

  72. Re:Some musings on Diamond as a metastable materia by dbIII · · Score: 2, Interesting
    Er, I suspect diamonds are *very* stable. They've been in the ground for around a billion years
    Tranformation occurs on free surfaces (the atoms can't move easily within the crystal, there is a lot of stress in the strusture, which is what makes diamond so hard), not instantly through the entire crystal - so you gradually lose bits from the surface over time. If you increase the temperature you decrease the time. The word "metastable" can be interpreted as stable for all practical purposes. A few hundred thousand years in the hot sun isn't going to do anything measureable, but heat it up to a few hundred degrees and diffusion can happen a lot faster and the crystal structure can change into graphite in rates measured in millimetres per second. Diamond conducts well so the whole thing needs to be hot.
    anything that hard is likely to have very strong and stable bonds
    The majority of things that are very hard are not stable materials, like quenched steel - give it enough temperature and it will go into a more stable and softer state. If there's a lot of stress in the structure caused by atoms that really want to be somewhere else then we need to overcome that extra stress before we can break the material - hence we have a stronger or harder material.
  73. Re:Some musings on Diamond as a metastable materia by phr1 · · Score: 2, Funny
    The old way of producing artificial diamonds, used by DuPont, is to wrap explosives around some graphite and set it off.

    Oh man, those guys in Iraq were actually trying to make diamonds and not A-bombs, so the explosives were wrapped around graphite instead of uranium. No wonder the WMD search squad didn't find anything. Thanks for the explanation.

  74. Re:Some musings on Diamond as a metastable materia by red_gnom · · Score: 2, Informative

    Actually you are wrong. A diamond can be heated for several minutes, without losing its shape or color, and during all that time it can be so hot that it would emit white light. And yes, it would be so hot inside out.

    "Silver solder melts at a fairly low temperature"

    Yes, tin or lead based silver solders can melt around 400 F, but that kind of solders are not very useful for jewelry. Jewelers use hard silver solders, which melt at 1400-1600 F, and silver melts at around 1700-1760 F.
    Usually for diamonds more appropriate is gold or platinum, and solders for those metals melt in even higher temperatures.