[Jewelry making - Article 00905] - Re: [Orchid] Gemesis laboratory grown diamonds

[Epaul Fischer]

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Dear Ron,

    I have to say I disagreed with many of the statements from your
    first posting, and feel even stronger dislike for your response to
    Sojourner. 

    I have not seen the "canned blurb from Gemesis" that you referred
    to, but I have been familiar with the company for quite a while from
    the perspective of the work that they are doing in creating diamond
    wafers for the microprocessor industry. Diamond has the highest
    thermal conductivity of any known substance so that a microprocessor
    made from diamond can operate a speeds substantially faster that
    silicon wafers. At least in the geek community Gemesis has always
    been very clear that they are using Russian processes with Russian
    engineers and that they are in the jewelry industry to subsidize R &
    D for microprocessors. The original process was developed by GE in
    the mid 50s, but recently the availability of machines and new
    technologies have taken the whole industry to new plateaus. 

    I am really confused by your statement " the fact that these lab
    created diamonds typically come in shades of yellow was interpreted
    as being a virtue by comparing them to canary yellow diamonds. "
    Fancy colored diamonds are rarer and more valuable than Near
    Colorless diamonds. Synthetic diamonds are graded on the same scale.
    A diamond that is Z+ yellow color IS a canary yellow diamond, so why
    should it not be compared to a canary yellow diamond, and how is
    that not a virtue? They are making pink and blue diamonds as well,
    again - more valuable per carat, easier to make, very marketable
    these days. 

    I also agree with Zen (and disagree with you Ron) on the subject
    that you raised of their distributers. To quote Zen: "Scottsdale? 
    LA?  Chicago?  Albequerque?  Fort Worth?  Houston?  Milwaukee? 
    Tuscon?  San Francisco? St. Petersburg?  Tulsa?  Salt Lake City? 
    Honolulu?  You have a mighty strange idea of what constitutes a
    "podunk  location"...." 

    You mentioned that "Selling gobs of high ticket luxury goods in a
    rural agricultural community defies logic. " Perhaps you should
    mention this to the jewelry stores listed as retailers. I checked
    out a few websites and they all seem to be selling De Beers diamonds
    as well as rubies, emeralds, and other illogical high ticket luxury
    goods. 

    I do agree with you that synthetics are not as valuable as mined
    stones, only because the marketplace BELIEVES that they are not. In
    my opinion where created stones excel is in sizes and shapes that
    are simply not found in nature. Gemesis is cranking out 3 carat
    fancy pink diamonds. Anyone have a value on a mined stone that size
    and color? Chatham sells 5 carat emeralds that are finer than
    anything mined in the last 200 years. 

    I am not one of those people who agree with the standard market. Ron
    mentioned "natural gemstones are valued and appreciated for their
    rarity and natural beauty. The crystals from whence most gemstones
    are wrought are the flowers of the mineral kingdom.....they are
    rare, infinitely variable, hard won and express man's love for
    nature. " I agree, the CRYSTALS are rare and valuable. I will never
    forget holding a ruby crystal the size of a baseball and just
    melting in awe of it's beauty. However, if you cut that natural
    crystal into a faceted gem that cannot be distinguished from a
    laboratory grown gem without the aid of technologically detailed
    equipment, why is one more valuable. I would rather see the
    beautiful crystal stay a crystal. 

    I find it fascinating to have an argument about the value of created
    diamonds, when mined diamonds are the most cost controlled substance
    in the world. 

    I need to mention, I am not affiliated with Gemesis and have never
    done business with them. I am familiar with then from the computer
    industry where they are looked on as one of the leaders in tomorrows
    microprocessors, and I would hate to seem them get a bum rap in the
    jewelry industry if it is not deserved. If it is - that's fine.
    Otherwise I look forward to a laptop computer with a 20GHz
    processor. 

Epaul Fischer
Gryphon Song Creations
Signet rings and custom gem carvings
www.gemartist.com

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