Posts

Showing posts with the label LGD

The diamond disruptor returns!

Image
The diamond disruptor back with a new ep! The Diamond Disruptor is back with a new ep - Lock down  Cultured Diamonds - w/ Great British Brands Editor Charlotte Metcalf said Lark & Berry! The Diamond Disruptor podcast is back with a new episode! It’s been a while - as a reminder, on the Diamond Disruptor podcast, writer and host Clark Watts takes a continuing look at cultured diamonds as a sustainable option in luxury jewelry. Geared towards both industry novices and experts, the DD pod features interviews with jewellery brand leaders, analysts, scientists and more, as well as guests from other marketplaces who promote sustainable interests. On this episode, we examine how Culture has been affected by Covid-19, and how cultured Diamonds play an important role. We chat with Charlotte Metcalf, who was just named the editor of the 'Great British Brands' feature of the UK’s Country and Town House magazine - a premiere periodical examining culture and fashion.

Certification for Lab Grown Diamond

Image
Retains SCS Global Services to Develop Sustainability Certification The Lab Grown Diamond Council (LGDC) trade organization has retained an internationally recognized third-party certifier and standards developer, SCS Global Services (SCS), to create the first sustainability standard in the diamond and jewelry market. Certification to this premier standard will involve a comprehensive assessment of the lab grown diamond production process, compliance auditing, diamond testing, and traceability, and will result in the issuance of SCS Sustainably Grown Diamond certification mark. This consumer-focused mark will be geared toward point-of-sale messaging and advertising. “As an industry, we recognize the high interest from consumers to be provided valid, third-party verification of the sustainability and origin of products they buy,” said Chris Casey, LGDC president. “An important early initiative as an organization was to retain SCS to drive transparent reporting on the

Keep LGD with clear label!

Image
No accidental misrepresentation Should go with Consumers! To call LGD a gemstone is deceptive and unfair Malak Jewelers Wants to Defend Consumers from the Invasion of Synthetic Diamonds! More and more synthetic diamonds are entering the marketplace every day and Malak Jewelers is lobbying for mandatory labeling of synthetic diamonds. Malak Jewelers is lobbying for mandatory labeling of synthetic diamonds. Labeling the stones will protect consumers from both intentional and accidental misrepresentation. In partnership with the Diamond Producers Association, which are running the Real is Rare, Real is Diamond campaign to combat the lab-grown diamond (LGD) or synthetic diamond invasion. This family owned retailer wants to make it clear to consumers that natural diamonds are the only true diamonds. The natural, geologic processes is what makes them gemstones as synthetic diamonds by the very nature of their origin are not gemstones, as they are laboratory grown cr

Remain vigilant on undisclosed diamond!

Image
It is impossible for even the most experienced Gemmologist to be able to detect LGDs definitively by eye, or with standard desktop equipment! AnchorCert Gem Lab encourages the jewellery trade to remain vigilant, as they report an increase in the number of Lab-grown diamonds (LGD) being identified. In the context Birmingham Assay Office said to remain vigilant. Lab-grown diamonds are growing in popularity with consumers, for a range of motivating factors including ethical considerations and price. Lab-grown diamonds are being produced world-wide not just by small private companies but also larger dealers such as De Beers’ Lightbox, Swarovski and Cred Jewellery; all focused on leveraging the commercial benefits of lab-grown diamonds for their customers and businesses as an alternative. It is impossible for even the most experienced Gemmologist to be able to detect Lab-grown diamonds definitively by eye, or with standard desktop equipment because the chemical and o

World’s first all diamond LGD ring

Image
Project D creates & Graded at HRD Antwerp Dutch Diamond Technologies (DD) has created the world’s first ring that is entirely made from a lab-grown diamond. Project D, DD’s name for the ring, took a year to manufacture and was created in honour of the company’s 10th anniversary. For grading this unique piece of jewellery, DD turned to HRD Antwerp, Europe’s leading authority in diamond grading. The Project D ring has been made from a large piece of 155 carat rough CVD lab-grown diamond, which was polished using laser cutting and traditional techniques into a ring which has 133 facets, compared to 57 for a standard brilliant cut. The ring has a total weight of 3,865 carats. It wasn’t until 2017 that it became technically possible to grow large enough monocrystalline lab-grown diamond plates. This is not the first ring to be created from a single diamond. In 2011, Shawish, the Swiss jeweller, unveiled the world’s first wearable ring made from a single crystal of na

Pink diamonds dazzle in winter

Image
The Winter 2018 edition of Gems & Gemology (G&G), GIA’s (Gemological Institute of America) quarterly professional journal, brings together the beauty and science of gemstones to unveil new discoveries in colored diamonds, a Russian cultural landmark, corundum, pearls and laboratory-grown diamonds. G&G’s Winter 2018 issue is available in print by subscription and in the GIA Store, and digitally – at no cost – on GIA.edu. Discover the current science of natural-color diamonds in the lead article, “Natural-Color Pink, Purple, Red and Brown Diamonds: Band of Many Colors.” GIA researchers Sally Eaton-MagaƱa, Troy Ardon, Karen Smit, Christopher Breeding and James Shigley provide unprecedented gemological and spectroscopic characterizations drawn from more than 90,000 pink to red diamonds analyzed by GIA. Russell Shor, GIA senior industry analyst, chronicles a Russian landmark in the article “The History and Reconstruction of the Amber Room.” Read firsthand accounts o

Current growth rate of LGD over 15% pa

Image
LGD market could grow between 10 to 17 mn cts by 2030 Lab-grown diamonds (LGD) have existed for more than 60 years, with limited effect on the natural gem-quality market. But advancements in technology have pushed the lab-grown market into a more competitive position. Most notably, new chemical vapor deposition (CVD) technology deeply cut the cost to produce larger, higher-quality diamonds. Today, it costs $300 to $500 per carat to produce a CVD lab-grown diamond, compared with $4,000 per carat in 2008.   As production costs have dropped, retail prices have followed. The retail price of gem-quality lab-grown diamonds have nearly halved in the past two years, while wholesale prices dropped threefold. Prices are expected to decrease even further as production efficiencies increase, new competitors enter the market and the segment commoditizes. Lab-grown diamond producers have two options:1: to pursue gem-quality production for retail jewelry sales or to produce diamonds