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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."

79 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 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.

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

      Open Source diamonds! Yay!

    5. 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.

    6. 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"?
    7. 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"?
    8. 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...

    9. 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!

    10. 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)

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


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

    12. 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.

    13. 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.

    14. 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.
    15. 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....
    16. 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?

    17. 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
    18. 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/

    19. 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.

    20. 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

    21. 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
  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
  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. 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 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
    2. Re:Possible regulation? by Pakaran2 · · Score: 4, Funny

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

  7. 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.

  8. 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.

    --

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

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

  10. 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?

  11. 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

  12. 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

  13. 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.
  14. 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.

  15. 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]
  16. 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.
  17. 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.

  18. 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.

  19. *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 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
  20. 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.

  21. 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"?
  22. 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.

  23. 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.

  24. 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.

  25. 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.

  26. 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'
  27. 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.
  28. 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.
  29. 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....

  30. 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

  31. 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.

  32. 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.

  33. 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.
  34. 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
  35. 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 :-)

  36. 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.

  37. 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.

  38. 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?
  39. 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.
  40. 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".

  41. 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.

  42. 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

  43. 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.

  44. 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
  45. 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).

  46. 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