thank's for your information i am really confused in angola thing are going crazy
@charlessavoie2367
9 ай бұрын
People buy a diamond at a mall outlet, the highest prices around. They get in a bind and take it to an independent jeweler to get some cash. This is what they hear "But friend, I just can't pay you more for a diamond than what I can call up to New York and get one for, and they work all day in India for a bowl of rice." The jeweler's nickname? Penny A Point Jack!
@sonnyyilmaz4579
Жыл бұрын
Thanks for the info. I'm just curious. If natural diamonds are losing value, lab diamonds are also falling. Is it true that lab diamonds are sold at a discount wholesale between 92-94 percent?
@mjgabel
Жыл бұрын
Hello, thanks for the comment. I cannot really disclose the true cost of lab grown stones, but you're very close to what you stated.
@EliseF.I.R.E.mePlease
Жыл бұрын
Thanks so much for the updates!
@KeyurShah1988
11 ай бұрын
97-98% if you are with the correct supplier.
@jasmikko
Жыл бұрын
Gabel report, it is!
@AnneLi236
9 ай бұрын
We, we like ”the world”, got deflation. Everything is falling.
@andreg508
11 ай бұрын
Would love to hear your thoughts in an upcoming video on Martin Rapaport's most recent webinar.
@mjgabel
11 ай бұрын
I left half way through. I thought that Martin Rapaport's message to the trade was not thought through very well. Basically, he wants to tell consumers NOT to buy lab grown, and ONLY buy natural for a much higher price point. Because, naturals are real diamonds and lab growns are not. (I am paraphrasing). That is very hard to do when a clients tells you they want a lab grown. I am not going talk him out of it, however, I will educate him on lab grown stones, discuss the pros and cons. I feel that Martin and many other people in the trade feel that this is just a trend and will pass. I feel differently about it. I will do a video covering my thoughts.
@andreg508
11 ай бұрын
I watched the whole thing and completely agree with your sentiments. His graphs didn't make a compelling argument against Lab Grown, if anything I felt it reinforced the need for lab grown diamonds in the market. The whole presentation seemed rushed, reactionary and fearful, I certainly understand the need for self-preservation and immensely respect everything Martin has built. He was the first disruptor in the diamond industry, now its lab grown. I imagine the fears were the same when Mikimoto sold his first pearl or when Chatham grew his first ruby, then they both slowly took a larger share of the market. I look forward to your next video.
@socalifone3044
11 ай бұрын
Does Stigna also own James Allen? Thx Great video 👍
@mjgabel
11 ай бұрын
@@socalifone3044 - Do you mean Signet? Signet owns: Kay Jewelers Zales Jared Banter by Piercing Pagoda Diamonds Direct Blue Nile James Allen Rocksbox Jewelry Peoples Jewellers H. Samuel Ernest Jones
@socalifone3044
11 ай бұрын
@@mjgabel Trying to stay away from big corporations for my purchase Probably go with The Art of the Jewels from San Francisco
@daddyschainsjewelry
11 ай бұрын
I seen 1 carat lab vvs1 rounds on eBay for 60 bucks a pop lab grown :(
@daddyschainsjewelry
11 ай бұрын
They are probably selling CZ hoping you won’t bother returning it after you get it but that seems like a rug pull to me.
@mjgabel
11 ай бұрын
Beware!! Those are NOT true lab grown diamonds. You have to be careful on Ebay. Many stones are sold as Lab Grown and they are diamond simulants, not lab grown.
@mjgabel
11 ай бұрын
@@daddyschainsjewelry - Correct, or poor moissanite. I can tell you for sure, they are NOT authentic lab grown diamonds. the cutting and polishing of a lab grown cost roughly 200 for a 1.00ct. No way are they real at $60.
@familiadereyes4773
Жыл бұрын
I'm looking for rough. Please help
@ryfu10
9 ай бұрын
Not synthetic!
@3falexchina
7 ай бұрын
Yes synthetic) Now best for the man)
@AvgJoe-ru8tj
10 ай бұрын
In your opinion will the lab diamond ultimately overtake the natural diamond's market share sort of like how it's happening with the electric vehicle with the combustion vehicle?
@mjgabel
10 ай бұрын
I think lab grown diamonds is a bigger issue, and putting a much larger strain on natural diamonds. If we compare or EV, less than 50% of the population or car market is driving EV. Maybe in 5-8 years we may see 50% EV (probably not). As of today, lab grown diamonds have a 50% market share of what is being sold over natural. That is a HUGE number considering the VERY SHORT time lab grown diamonds have been in play. So as of now, the lab grown diamonds have already taken over.
@LIZARD909ALIEN
Жыл бұрын
dealers only offer to pay for the metals, they want the diamonds for free, yeah there is a problem 🤣
@mjgabel
Жыл бұрын
You may be dealing with the wrong gold buyers / metals dealer if that is your experience. My suggestion is find a company that WILL pay your for the diamonds. No surprise as I hear this a lot from gold sellers. We have always paid for diamonds in gold scrap.
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