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kleinbl00  ·  142 days ago  ·  link  ·    ·  parent  ·  post: De Beers to start selling synthetic diamonds

Dude. Rio Grande has craptons of diamonds from all over the place. Have done for 30 years. The difference between "what people pay" and "what jewelers pay" can be 95%.

Went to a rock'n'mineral show over the weekend. Every single person there had opals (of questionable quality, as per always) for the low-low-never-seen-before price of $20/ct. However, there was only one crew clever enough to put the damn things in glass display cases.

Everyone else was selling 1" pyrite crystals for $40. Put it in glass? $200.

Capitalism.