Lab-Grown ‘Ranch’ Diamond Sells for $13K
Hidden Valley Ranch auctioned the one-of-a-kind lab-grown stone to benefit Feeding America.
The latest is über-popular condiment and dip Hidden Valley Ranch, which debuted a one-of-a-kind diamond made with its signature ranch dressing on March 10, also known as “National Ranch Day” to those who celebrate.
Created by geologist and LifeGem Vice President Dean VandenBiesen, the 2.01-carat round brilliant, G VVS1 lab-grown diamond was made by heating Hidden Valley Ranch dry seasoning mix to 2,500 degrees and then crushing it beneath 400 tons of pressure, said the company.
The process took a total of five months.
Chicago-based LifeGem is a company that creates diamonds as memorial pieces using the ashes of a beloved human or animal.
“Ranch dressing contains carbon. Technically and theoretically, we can extract carbon from ranch dressing, as the carbon source for diamond growth, using [it] with CVD or HPHT technology,” said Dr. Wuyi Wang, GIA vice president of research and development, in a statement to National Jeweler.
“Practically, I don’t think it could become a real carbon source for diamond growth.”
When asked if just anything can be introduced into the mix when growing diamonds, Wang explained that some elements can be added to the diamond lattice during the growth process, like nitrogen, boron, silicon, and nickel. Their concentrations in diamonds, as impurities, are very low.
“However,” he noted, “we can’t add everything.”
The lab-grown ranch diamond is set in a 14-karat white gold band with “HVR LVR,” or Hidden Valley Ranch Lover, engraved on the inside.
“Last year, when one of our custom Valentine’s Day bottles was used in a marriage proposal, we were inspired,” said Deb Crandall, marketing director at Hidden Valley Ranch, in a press release.
“We saw a love of ranch become part of one of life’s most beautiful moments. It made us wonder, how can we make this act of love even more memorable?”
The ring was listed on eBay from March 10 to 17, with the bidding starting at $310.
The winning bid was $12,550, with all proceeds going to Feeding America, Hidden Valley Ranch said.
Gemologists have long used machines in diamond grading but technology has made it possible for them to “learn” how to do it on their own.
Supplier Spotlight Sponsored by IGI
Watch retailers Jeffery Bolling and Bobby Bengivengo discuss employee training, customer education and the sticky subject of future value.
The most trusted diamond report, available in print or the GIA App.
The company has plans to revamp the Movado brand and offer less expensive watches this year.
Set with a 118-carat unheated Sri Lankan sapphire, it just sold for $3.4 million at Phillips jewelry auction in Hong Kong.
Sponsored by Noam Carver
Navigate origin determination with Continuing Education seminars offered by the GIA Alumni Collective™.
As cybercrime incidents threaten the industry, jewelers need to know what they’re up against and the best ways to protect their businesses.
The Pittsburgh jeweler is redoing the lighting and showcases, and adding a full hospitality bar as well as new shop-in-shops.
Zale has more than 40 years’ experience in the diamond industry, including 17 years as Stuller’s VP of diamonds and gemstones procurement.
The Strip is full of new restaurant and entertainment offerings.
National Jeweler’s senior editor covering fashion, trends, and design highlights the latest looks in the market.
From what ChatGPT is to how to use it, this is the explainer tailored to jewelers.
The D-color, internally flawless, Type IIa stone will be offered without reserve.
When it comes to pricing jewelry repairs, you should start by asking a simple question about the piece at hand, Peter Smith writes.
The industry veteran will serve as the diamond jewelry supplier’s head of business development.
He is the company’s new senior vice president of sales and business development.
The Tennessee school’s CAD Academy is now offering training in Gemvision’s MatrixGold software.
Blackstone is buying the 80 percent stake in the lab owned by a Chinese company as well as the 20 percent held by the Lorie family.
The company confirmed it will be combining the auctions for the fifth and sixth sales cycles into one.
Among other changes, Stanley Zale, the former vice president of diamonds and gemstones, is leaving the company after 17 years.
One new addition was announced at the Conclave membership breakfast.
The 28-piece collection is the largest to be offered at auction.
The deal could be signed as early as this weekend, according to a report by The Economic Times.
It’s an ultra-luxurious version of the designer’s signature style.
Four guests join Michelle Graff and Amanda Gizzi to discuss the importance of being organized and what shoes they wear at the shows.