What is To Love About Fake Diamond Jewelry?
Penetrate advances have made the latest fake diamonds closely imitate the properties of mined diamonds. They cut glass, they refract light into wonderful hearts-and-arrows, and they have excellent fire and brilliance. Actually, in almost all measurable variations, they match or are superior to mined diamonds.
An ordinary practice in retailing mined diamond jewelry is to use phantom prices and then show imposing discounts in an effort to entice buyers. This practice is called phantom pricing. With imitation diamonds all these concerns disappear.
In a short time, what you had pay in extra premiums to make sure just a few pieces of mined diamond jewelry, you could fill your jewelry box with synthetic diamonds.
All mined diamonds have flaws, birthmarks, and vary in quality. These realities breed ground for a buffet mined diamond fraud that victimizes and robs consumers. From rating bumping to laser drilling to fracture filling, the mined diamond industry is awash in unscrupulous business practices. Lab-created diamonds are uniform, flawless, and priced low so frauds simply do not exist.
It all starts at the top with the De Beers diamond cartel, which would run afoul of federal anti-trust laws if headquartered in the United States. Diamonds are in fact cheap to produce and would be lower in price if it were not for the global cartel. In controlling the mined diamond market, De Beers has exploited a relatively simple idea: put a stranglehold on production, hold inventory, and limit distribution, thereby keeping prices stratospheric, and making diamond alternative engagement rings a popular choice.
No “slave” or child labor used: Diamond mining operations are widespread with horrific conditions and have a long history of dehumanizing humiliating practices. Debt slavery and child labor is common in diamond cutting operations in India, where much of the world’s diamonds are cut and polished.
