Nick Fountain
👤 SpeakerAppearances Over Time
Podcast Appearances
This, of course, is a lab grown diamond.
And we got it off a Chinese e-commerce website back in January for one hundred thirty seven dollars.
So cheap, which of course is game changing for the diamond industry and also why you did the show.
So what we learned is that $137, it's pretty close to the wholesale price for a decent one carat lab grown diamond.
At the time, the retail price of a lab-grown diamond like this was still around $1,000.
And that was the lingering question from your episode.
If it is so cheap to make these lab-grown diamonds now, why are prices in stores still so high?
So, have they dropped since then?
You know, I was looking around online a couple days ago, and the prices are getting cheaper.
So we're down from $1,000 to about $800 now.
Any updates on the specific diamond?
What's going on with the diamond?