Eternity bands | Imamother

amother

↑ Eggplant ↓

Tue, Aug 06 2024, 7:18 pm

amother Tomato wrote:

lets say you buy a diamond tennis bracelet - 7 carat for $8,000. You keep it for 10 years and sell it for $4,000 if even that. Google says the top amount you can get for used tennis bracelets is 50%. You will probably get less but I am going to estimate higher. Your total amount lost is $4,000.

lets say you buy the same bracelet but lab grown. I am currently seeing 7 carat for $2500. You keep it for 10 years and then sell it for the gold lets say $500 or lets say you cant sell it and its worthless.

Which one did you come out ahead? For something that looks exactly the same with the same properties.

Diamonds are not a good investment. buy lab and invest the difference in the stock market.

Actually based on the percentage you lost you lost way more with lab diamonds. Not that you should buy jewelry for investments, but real diamonds maintain their value more than lab grown.

amother

↑ Tomato ↓

Tue, Aug 06 2024, 7:20 pm

ahh you edited your post while I was responding.

I think we are coming to this from different perspectives. I buy jewelry that I like. That I think is pretty. It doesnt matter to me if someone in the De Beers marketing team is telling me whats considered rare or special.

amother

↑ Tomato ↓

Tue, Aug 06 2024, 7:23 pm

amother Eggplant wrote:

Actually based on the percentage you lost you lost way more with lab diamonds. Not that you should buy jewelry for investments, but real diamonds maintain their value more than lab grown.

I dont disagree that lab doesnt hold value.

Your dollar amount lost is higher with mined. Plus factor in 10 years of opportunity cost of that $2000. Not insignificant.

Your jewelry looked the same for the last 10 years you enjoyed it but at the end of those 10 years you paid more with mined.

amother

↑ Eggplant ↓

Tue, Aug 06 2024, 7:27 pm

amother Tomato wrote:

But at the end of the day lab grown is pretty much worthless and diamonds aren't.

Why do people buy a real chanel bag if they can buy a copy that's exactly the same for much less?

amother

↑ Tomato ↓

Tue, Aug 06 2024, 7:31 pm

amother Eggplant wrote:

But at the end of the day lab grown is pretty much worthless and diamonds aren't.

Why do people buy a real chanel bag if they can buy a copy that's exactly the same for much less?

because for some reason having that doube CC splashed on the front of their bag symbolizes something to them. I get it actually. if it says chanel on the front you are showing the world you can afford an expensive bag.

with jewelry, there is no emblem that tells you what it is so why bother? it doesnt symbolize any status to anyone.

amother

↑ Springgreen ↓

Tue, Aug 06 2024, 7:32 pm

amother Jetblack wrote:

For the record, everyone in my circles (well off, head to toe designer) is getting lab grown jewelry

If I had to guess it’s bec they wear head to toe designer and like showier pieces so they get lab to get bigger

Personally I wear 1 ct diamond real studs and am not interested in buying lab grown 3 ct studs bec I like a more toned down look.

So far all my jewelry is real and I walk around knowing that my jewelry probably costs as much as the giant pieces I see people wearing but no one can tell- which I like Smile

I don’t like displaying wealth and in general my vibe is understated elegance.

amother

↑ Eggplant ↓

Tue, Aug 06 2024, 7:34 pm

amother Tomato wrote:

You can buy a chanel copy with the logo. Same for any designer item there are perfectly good copies out there but people like the original because that retains value.

amother

↑ Tomato ↓

Tue, Aug 06 2024, 7:41 pm

amother Eggplant wrote:

You can buy a chanel copy with the logo. Same for any designer item there are perfectly good copies out there but people like the original because that retains value.

I think bags are in a different category because limited editions sometimes go up in value rather than standard jewelry that goes down.

most people dont buy bags as an investment either. if you are serious about investing, you buy real estate, stocks, bonds, etc. you dont buy jewelry or handbags.

amother

↑ Cadetblue ↓

Tue, Aug 06 2024, 8:02 pm

amother Tomato wrote:

ok exactly. Jewelry is not something to buy because you are trying to keep the value or have as an investment. Jewelry is meant to enjoy now and buy and wear what you like. So a lab grown diamond that looks exactly like a mined diamond is not better or worse. Its just cheaper. So personally I see zero value in buying something more expensive.

I'm not buying either, lol.
But if I was buying jewelry, I'd look for something pretty as well as up to date, which is part of what makes the money spent on it worth it. Not something that will look dated and passe a couple years from now. So I wouldn't spend it on diamond jewelry, natural or lab.

I've read 2 articles recently about the colored gemstones taking over diamond trend--in the New York Times and the Wall Street Journal, which to me means it isn't expected to be just a short lived fad. This is what a growing number of women are choosing for their engagement rings, so this is what they are choosing as long term pieces.

It may take a bit of time to trickle down to the frum world, but it will. Probably in a few years, you won't see frum women wearing that much diamond jewelry anymore, it'll be other stones (who knows, maybe even pearls will make a come back). So if I was spending a chunk of money to buy something that I want to last me awhile, that's what I'd buy instead of diamonds.

amother

↑ Lightcoral ↓

Tue, Aug 06 2024, 8:10 pm

amother Cadetblue wrote:

Lady dear, pearls is making a come back. Slowly, but it's already coming back. I'm so excited. I love pearls.

amother

DarkRed ↓

Tue, Aug 06 2024, 8:11 pm

When it comes to lab grown diamonds, you need to do your research. It’s a lot of trust when buying. You can buy an eternity band with with same size lab diamonds for $2000 by one store and a different store only $1600. There’s different quality’s out there etc.

I recently got mine from Abecasis (Lakewood). Very happy bH. Im guessing diamonds are about .25. Not sure exact price but was definitely not more than $2000. She’s very reasonably priced and people are very happy.

amother

↑ Cadetblue ↓

Tue, Aug 06 2024, 8:14 pm

amother Lightcoral wrote:

Lady dear, pearls is making a come back. Slowly, but it's already coming back. I'm so excited. I love pearls.

I'm not surprised to hear that lol. After reading about the gemstones vs diamonds, I figured there is going to be a complete turnaround with jewelry trends.

amother

↑ Tomato ↓

Tue, Aug 06 2024, 8:16 pm

amother Cadetblue wrote:

It's already there. I see women with lots of sapphire and rubies these days. You can get them lab grown as well. 😆

amother

RosePink

Tue, Aug 06 2024, 8:17 pm

amother Tomato wrote:

The whole value of lab grown diamonds is that it looks so similar to the real thing. The money itself that u spent on it gives it its chashivus. Lab grown is as knock off as it gets, the best imitation diamond there is

amother

↑ Springgreen

Tue, Aug 06 2024, 8:17 pm

amother Tomato wrote:

It's already there. I see women with lots of sapphire and rubies these days. You can get them lab grown as well. 😆

I just got a sapphire and Diamond piece. The store owner suggested I buy real vs lab if I can afford, and also said that sapphire lab has a long way to go- she doesn’t sell it, she only sells lab diamonds for now.

amother

↑ Eggplant

Tue, Aug 06 2024, 8:19 pm

amother RosePink wrote:

But lab grown also costs thousands of dollars. It's less than real diamonds but still pricey. And it keeps going down in value.