Are you a little bit of a techno geek like me? Do you love the anticipation of getting your hands on the latest trend in technology? If you are then I bet you can’t wait for the newest Apple product to land (Yes, I am a diehard follower – sorry to all the Android lovers)
That’s why I was so excited to see the latest development in the diamond world, ALTR lab created diamonds. The idea that man can create a diamond absolutely blows my mind. It reminds me of the old cartoon The Jetsons, about a futuristic family who lived in the sky travelling around in hovercraft spaceships. Anything they wanted could be printed through a magic printing machine. Isn’t it funny how so many things from science fiction become reality?
Are lab created diamonds new?
While it might seem new, the concept of lab created diamonds has been around for over 60 years. It is just in recent years that they have perfected the art of crafting these stunning stones into gem-quality diamonds. But diamonds for personal use are just a small portion of what the future holds when it comes to creating diamonds. There are so many applications for having a transparent substance that is also incredibly strong. Can you imagine in the future having your iPhone glass face made up of diamond? No more replacing screens because you dropped your iPhone.
Now, in the beginning, I was just as sceptical as the next person, I mean lab created diamonds? What changed my mind was a test given to me by the creators of these amazing diamonds. The creators placed 10 diamonds in front of me and asked me to separate them into mined vs created. I spent a great deal of time looking at each diamond, from the front, upside down and even in different lights. What I found though, was while I thought I could tell the difference between the two, the truth is I failed miserably. Considering I am a diamond expert and I look at diamonds every day, I found this quite shocking. The only way to tell the difference with a 10-x magnifying lens was by looking at the girdle where it is inscribed that it is a lab created diamond.
If you would like to learn more about how these amazing gems are created, check out my blog about ALTR lab created diamonds here. If you take the method of creation out of the picture ultimately what you are left is with a beautiful gem that sparkles brilliantly. I think deep down what everyone wants is to make their partner happy and give them the diamond they deserve and desire. In a perfect world, we could all afford to get the largest diamond possible for our partners. But in the real world, we all have expenses that we need to balance out. What I have seen over the last month with the clients I have shown the ALTR lab created diamonds to has been nothing short of amazing. Clients have been able to give their partners the diamond that will make their heart skip a beat.
While I know some of you are saying, it’s the thought that counts and your partner should be happy with whatever size their partner gives them. What I have come to see over the last 22 years and helping more than 6800 clients choose their engagement ring, is exactly 0% of them have come back in 6 months’ time and asked for a smaller diamond. Further, as we get older, we only want nicer and bigger things not smaller. So, the bigger diamond that you choose now, will undoubtedly last you longer, before you start thinking of upgrading.
I strongly believe in the power of storytelling through jewellery. Whenever I ask someone to tell me the story of how they were proposed to, they can often recant in detail where they were and what their partner said. Never have I heard them say, they proposed to me with a 1ct F VS diamond engagement ring. For me, the sentiment and story behind the giving of a diamond is the same with a created diamond as it is for a mined diamond. What is important is that you have chosen it for your partner and that he plans a romantic proposal, in a way that his partner wants to receive it.
I would say for most of the clients I have served, the size is one of the most contributing factors. I mean who doesn’t love a bit of extra bling. When I got engaged 17 years ago, the average size of a diamond engagement ring was a half a carat. Today the most popular diamond size that we sell is a one-carat diamond. Even now we are starting to see that size increase with some brides looking at the 1.10ct – 1.20ct diamond sizes. So, my usual advice to the guys out there is to propose quickly, because I think we will be at a 2ct diamond size before you know it. At this point in time, it is hard to go past the ALTR lab created diamonds from a value for money standpoint.
The second benefit that often resonates with the clients I speak to is the environmental benefits and minimal carbon footprint associated with created diamonds. Today I think we all realise that we share the same planet and it is the only one that we have, so it’s up to us to look after it. Most people don’t realise that they need to dig up over 1000 tonnes of earth, not to mention using over 100 gallons of water just to find a 1ct diamond. Whereas the ALTR lab created diamonds have their own wind turbines to power the presses that create these diamonds and use a fraction of the water to yield the same 1ct diamond. So not only can you give your partner the diamond you know they want but look after the planet as well. And with every diamond being able to be traced back to the specific lab that it was created in, you can be sure that your diamonds are 100% conflict free.
The final question that I am often asked is, ‘would you buy an ALTR lab created diamond for your own wife?”. My answer is YES!!! Currently, I am looking for a set of matching .75ct diamonds to create stunning diamond studs for her. After all, they have the same physical, optical and molecular structure as a mined diamond, and according to the FTC, they are a diamond in every sense of the word. So, the only question you need to ask yourself is whether you are ready to join the future of diamonds with me?
In recent times almost every industry has either gone through or is about to go through massive disruption, on a scale never seen before. The diamond industry is by no means immune to the changes that are coming with man made diamonds.
We have seen a marked increase in the enquires around created diamonds in the last month. Some is general curiosity, but most are as a genuine interest in purchasing a man made diamond. Up until recently, there has been little information about them to give a client the complete confidence in their purchase choice. The important thing to remember is that is exactly what it is – a choice. I honestly don’t believe that one will replace the other, just as Uber hasn’t completely replaced Taxis. If you are making an informed decision, you can be comfortable with whichever choice you go for.
Before going into the characteristics of laboratory created diamonds, it is important to understand that there are two main ways to create a man made diamond. High Pressure / High Temperature (HPHT) and Chemical Vapour Disposition (CVD). HPHT process mimics the high pressure that created diamonds in the earth crust. It uses a metal catalyst (graphite/carbon) to dissolve the carbon onto a diamond seed, essentially drawing the carbon out of ferrous metals. Whereas the CVD process in contrast uses low pressure but employs a vacuum which is fuelled with hydrogen and methane. Which means that it derives its carbon source from a vapour. The CVD method starts with a diamond seed crystal to grow the diamond, much the same way you might have grown crystals as a child at school in your science experiment.
You can watch how an Altr created diamond is grown here.
Born of Fire, Born Perfect : The making of a Type IIa ALTR Created Diamond from ALTR Created Diamonds on Vimeo.
Diamonds naturally occur in nature as either a Type 1 (a/b) or Type 2 (a/b) crystal. The most purist and transparent form of Carbon crystal in the world is the Type 2a crystal, it has almost no impurities which leads to the colourlessness and only accounts for 1.8% of the world’s supply and is a rare quality gem.
Every Altr created diamond begins with a Type 2a seed crystal and is guaranteed to be only a CVD diamond, so it’s quality can be assured. Type 2a diamonds have much less nitrogen so they face up looking whiter and crisper, which is in line with their “Shine Brighter” campaign.
So that is most of the technical information out of the way. The simplest take way is that Altr created diamonds have;
When I am showing a client an Altr created diamond, the first thing I will say is one was created below the ground, the other was created above the ground. That is essentially the only difference. Just like if you had two siblings, one was made by IVF and the other through the traditional way, you wouldn’t look at your sibling and call them a synthetic human. They just had a different start, but they are identical to you as a human in every way.
A man made diamond is a very different stone to a Cubic Zirconia or a Moissanite stone, both of which are softer and have different optical properties. Both a cubic and a moissanite are known as stimulants, which means that they are like a diamond, but not the same.
The first thing to look out when shopping for a Laboratory created diamond is whether there is accurate disclosure around the way that it was created. Cheaper versions are made through either straight HPHT, or a combination of HPHT and CVD. If the stone you are looking at purchasing can’t guarantee the method of its creation, then it is most likely a cheaper combination creation stone.
The second thing to look out is for where the diamond was certified. If it is certified by IGI (International Gemmological Institute) it will be a cheaper stone, as the grading parameters for IGI are not as strict as the GCAL (Gem Certification and Assurance Lab). An IGI laboratory has been known to be a colour &/or clarity grade out compared to that of a GIA laboratory. Also, an IGI cert won’t tell you whether your diamond was created through HPHT or CVD.
As mentioned previously the GCAL is one of the strictest grading laboratories’ in the world and completely stands behind their grading. A GCAL cert in addition to the normal 4C’s information also has several additional features
Man Made diamonds GCAL certificateAll Altr created diamond presses are powered by the earth’s natural wind cycles through the power of wind turbines. This renewable energy source creates the power required to form these amazing gems, ensuring that there is minimal impact on the environment.
Because HPHT created diamonds derive their carbon from a metallic source like iron, the inclusions found in them are often metallic in nature. These inclusions are often easily distinguishable and can even result in the diamond having a magnetic attraction to a magnet.
At the end of the day whether you choose a mined diamond, or a laboratory created diamond, will just come down to your own personal preference. Ultimately the choice will come down to whether it is more important to you that the diamond was created below the ground or whether you would rather have a larger diamond for the same budget. At the end of the day, the best way for you to decide is to compare them side by side and make the choice for yourself. So why not book an appointment and see the diamonds first hand and see if you can tell the difference.
We even have a special promotion on at the moment to celebrate the launch of the Altr created diamonds. You can WIN a .50ct F Colour VS clarity Altr created valued at $2900. All you need to do is book an appointment to come in and see them, to go in the draw to win this amazing diamond.
man made diamond promotion
Like most ladies, I am sure you would love to know how to get diamonds for Christmas. I wish I could tell you that guys love shopping for your Christmas present. The truth is most of us hate going near the shops, especially at this time of year. Even worse there is a constant dread of choosing something that you are going to hate. So, what do we do? We procrastinate, we leave it till the last minute, then in the last chance effort, we dash to the shops on Christmas Eve to join all the other helpless guys looking for a present for their partners.
Sound familiar??
I think it is partly because we don’t know what it is you really want, and partly because shopping for us guys is genuinely not an enjoyable experience. I am going to let you in on a little secret – we would rather be watching our favourite sports team, playing on our devices or pretty much anything else than spending hours at a shopping centre.
Ladies, it would really help us a lot if you left a list of the things you would really like for Christmas, as well as a list of the things that you absolutely DO NOT WANT. I know that you think it is common sense not to get you a blender for Christmas, but for our practical minds, it simply isn’t that straightforward. We don’t take subtle hints, it needs to be written on a big sheet of paper in red and put on the fridge. Somewhere where we can’t miss it is ideal.
Secondly, tell us the stores that you would love us to shop at for you. Ideally, these stores should have great team members that will make the process easy and a pleasurable experience for us. Ideally, these stores should have ample comfortable seating, be away from the bustling crowds, and have offered us a beer or beverage of our choice while we are picking out your perfect gift.
So If you are tired of receiving the same type of gifts every year, try this new tactic and see if this Santa brings you exactly what you have been dreaming of. Not only will you get more of what you want, but we will actually thank you for making the process of choosing your gift easier for us.
Just in case your partner hasn’t been to see our new showroom. We have lots of beautiful diamonds for you to wear, a private upstairs diamond boutique with comfy chairs, a great team of diamond consultants trained to make picking out your Christmas present easy for them. If that wasn’t enough there is also an exclusive scotch bar and/or beer for them to make the experience one that they will want to come back time and time again.
We even have a special promotion running at the moment, to help you get diamonds for Christmas – you can find out more here #LetHerSparkle.
Confused by the diamond certificate?Have you ever looked at a diamond certificate and had no idea what all the numbers and percentages mean? Don’t worry, you are not alone. Starting out can be a bit daunting, not only do you have to find the ring that she likes but you need to make sure the rock you are putting your hard earned cash into is going to be worth it. The first thing that you are probably familiar with, if you have been paying attention to her subtle hints or done even just a little research is this thing called the 4C’s. They are Cut, Colour, Clarity and Cut Grade. The big question is which one is the most important? You can see my short video series here.
Is only talking about how well the diamond is cut – which ultimately means how much it is going to sparkle. It is that twinkle that her friends will see from across the room. Tip – Aim for an Excellent cut grade. Diamonds like a Passion8 diamond sit in the top 1% for diamond cut and will outsparkle normal excellent cut grade diamonds.
Is only talking about how white the diamond is. This is talking about the body colour of the stone and has nothing to do with the colour. The colour grade starts at D and goes down to Z. Tip – Aim for the top 3 colour grades – D, E, F. Any colour that is G in colour or lower will pull a lot of yellow.
Is only talking about the natural inclusions you can see with a 10x magnifying lens. Tip – Aim for eye Clean SI clarity. As everyone’s eyesight is different make sure you look at the diamond with a lens before purchasing it. Looking at the plot on the diamond certificate will not tell you how good or bad the inclusion is.
Is only talking about the physical size that you see. While this might seem like the most important to some ladies, it isn’t if it is coming at the expense of quality. Smaller more perfectly cut diamonds will actually have the same diameter as larger average cut diamond. Tip – Always go for a diamond that is slightly smaller of better quality. After all, do you want a diamond that looks better or one that weighs more? So now that we have that sorted, let’s look at what all the percentages mean. I wish it was as simple as looking at an excellent cut grade. The truth is the goal posts have widened significantly in the last 5 years. Today more and more diamonds are falling into the excellent category than ever before. 
In a recent price comparison on diamond certificates, I found as much as a 28% price difference between two identical diamonds (based on their paperwork). Both stones had been graded as a triple excellent cut grade. So it is vital to make sure you have a cut specialist look over your diamond. Just like going to a heart surgeon instead of a GP when you need specialist surgery, a diamond cut specialist will be able to show you where your diamond sits in the cut spectrum. Tip – Aim for a 57% table percentage – It will give the diamond more dispersion. (The blues, reds and yellows) If you want to make the best-informed decision on how to pick a stunning diamond and design a ring that will really blow her away – you can learn more about how to choose the perfect diamond by getting a free copy of the international award winning book and Amazon best seller – Rock Her World here.
Billionaire investor Warren Buffett famously stated that “diversification is protection against ignorance.” At the moment it seems pretty hard to make money in most of the usual asset classes. Many of the most historically reliable investment vehicles, such as shares or property have failed to deliver spectacular results in the last few years. But you don’t have to be a billionaire like Warren Buffett to start investing in pink diamonds. The Pink diamonds have been increasing by 20%-30% every year for the last 5 years, which is a return that many fund managers would envy. What we have found is that the price of the investment pink diamonds has at least doubled over the last 5 years. Every year I go to buy pink diamonds I am always amazed at how much they have increased. Of course, it would be remiss of me if I did not mention that this is not legal or financial advice and you should seek your own advisor that can determine if this strategy is right for you. Clients today are looking to acquire Pink diamonds not just in their personal names, but in other investment vehicles such as a Self-Managed Super Fund (SMSF). Whatever your reason, whether it is diversifying your portfolio, saving for your own retirement or looking to acquire a family heirloom, The Pink Diamonds can be a solid investment.
There are 5 main reasons contributing to the year over year price increases.
1. In 2013 Argyle Transitioned from an above ground mine to an underground mine. The Argyle mine and processing plant operate 24 hours a day, 365 days of the year. All of these factors contribute to increasing running costs, which have an inflationary pressure on the rough cost of Pink diamonds. Furthermore, with underground mining, there is always the risk of a fatal accident which could see the mine close earlier than expected.
2. The kimberlite pipe where Argyle diamonds are found looks similar to a funnel. As they move further down the pipe, they are finding fewer and fewer diamonds. This leaves less rough to be cut into the desired round brilliant cut diamonds, which are in the highest demand.
3. Similar to the above point, as they find less and less diamonds the number of high quality deep pink diamonds they are finding is getting less and less. This is causing the deep pinks to increase at a faster rate than the mid – light pinks.
4. The demand for pinks is ever increasing. With this stunning Australian product attracting more and more attention, locally and internationally, more clients are seeking them out, not just for investment, but for personal use as well.
5. Projected end date. With the well-documented end date of 2020 predicted by Argyle, there is a finite timeframe in which to acquire them. While no one has a crystal ball, the prediction is that they could increase markedly after this end date, or when the mine is exhausted.
There are 4 main colour grades when it comes to classifying Pink diamonds. Purplish Pink, Straight Pink, Pink Rose and Pink Champagne. The colour scale ranges from 1 -9, with one being the deepest pink diamond and 9 being like a decaf, skinny soy latte (or as I call it a ‘why bother’) Almost all pink diamonds have a primary colour and some have a secondary colour. Sometimes this secondary colour can give a little extra kick to the diamond. In the Purplish Pink scale, the purple hue can make a pink diamond look one shade deeper on the straight pink scale. So a 4PP pink diamond can sometimes look like a 3P. In the case of the Pink rose, it is often a brownish undertone that gives the diamond its stronger colour. A good tip when looking to buy a loose pink diamonds is to turn them upside down in a white sleeve to see the secondary colours.
If you are looking for Investment Pink Diamonds the ideal range that I recommend is to aim for a 4P or 4PP to a 5P or 5PP. This allows for capital appreciation and can still be an affordable entry point, not just for you, but the purchaser you wish to sell the diamond to down the track. While deeper pink diamonds might be rarer and also appreciate in value at a greater rate, the number of potential buyers down the track will be less. Budget permitting, if a portfolio of pink diamonds is something that you would be interested in the minimum amount that I recommend would be $100,000. The aim here is to put together a selection of diamonds that will allow you to sell certain portions of the portfolio at a future point in time if you so wished. That way you can either neutralise the initial investment or greatly reduce it, while still leaving a portion of diamonds to further increase in value.
If you are ready to take the next step in your pink diamond investment journey, please feel free to contact me for complimentary 10 min pink diamond investment call or request our Investment Pink Diamond report. Alternatively, visit us in our Queen St Mall Diamond boutique to see a selection of pink diamonds for yourself. About Karl
His international award-wining book, ” Rock Her World” is available now. If you would like help, in choosing the perfect diamond and would like an amazing experience around jewellery there is a lot of great information in “Rock Her World” Karl believes that choosing a piece of jewellery should be a phenomenal experience, and over the last 21 years has helped more than 5800 clients choose a special piece of jewellery that tells their story. Come and experience their brand new diamond boutique in the Queen St Mall.
Buying diamonds overseas, can often be fraught with danger. Particular if it is from a place like Afghanistan. We always recommend extreme caution when considering to purchase a diamond from a source that you don’t know. If someone offers you a deal that sounds too good to be true, then it probably is.
Case story – Defence force (name withheld)
A client came to see me to show me a diamond he was sold on deployment in Afghanistan. The diamond was sold to him by a man know as “Aussie Mike” who gave him all the assurances of the diamond’s quality. Claims such as “you can trust me, I service all the defence personnel”, and “These diamonds are a fraction of the price you can buy them back home”, are all statements that are synonymous with a great con man, looking to con someone into buying diamonds overseas. He was also promised that if he wasn’t happy with the diamond he bought, he had a contact that could help “move the diamond for him”. All claims which proved to be false.
The diamond that was promised to him was a 1ct G colour and VS clarity diamond, which would have been valued at more than $10 000. He paid $5,000 for what he thought was a bargain, from a man who claimed to be giving him the deal of a lifetime. At a time where our defence personnel have been away from home for several months, it is perfectly understandable that they would want to pick up something special to take home to their loved ones.
What he received however, was no where near what he had been promised.
Here is the diamond the client purchased on the right, next to a GIA certified G colour on the left. As you can see the colour is visibly lower and yellow. I believe this colour to be closer to an N colour, which is a variation in the price of approximately $5000 dollars.
A perfect cut 1ct diamond should measure 6.5mm in diameter. The diamond the client bought from overseas measured only 6.3mm, which is closer to a 0.90ct. As seen here the diamond on the left looks larger in diameter. The diamond on the right should be significantly cheaper because it is a much deeper cut stone and doesn’t sparkle as well. This should reduce the price by about $1000 – $2000. As well as being poorly cut the diamond did not come with an internationally recognised diamond grading certificate. Which would have most likely graded this stone as a good cut grade. A good cut grade stone would have made the stone approximately $2000 cheaper.
The diamond which was supposed to be a VS clarity, actually had a large visible feather on the girdle and has been graded as an SI2 clarity. The price difference for this variation is around the $2500.
Had the client purchased the exact same stone in Australia, he would have paid around the $4500. Not only that, but the diamond would have come with all the correct papers, certifying it. Diamonds world wide are always priced exactly for what they are. So if someone is offering you a diamond for $5000 less than what it would cost locally, there is always a reason why. It is always better to purchase your diamond from a reputable jeweller.
As a qualified diamond grader, gemologist and valuer, i personally like to check and grade each diamond that we sell to ensure each diamond has been correctly graded. That way you have the peace of mind knowing that you are getting exactly what you have paid for. Long term looking for value for money is always better than a bargain.
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