CollectionsJul 31, 2023
Grown Brilliance Launches High Jewelry Collection Lab-GrownAug 10, 2023
Steven Singer Jewelers Giving Away 100 Lab-Grown Diamonds
The giveaway is part of a new nationwide campaign from the Philadelphia jeweler promoting natural diamonds.
As a kickoff to its new national campaign promoting natural diamonds, Steven Singer Jewelers is giving away 100 lab-grown diamonds at its flagship store on Aug. 12.
Editor's note: This story was updated post-publication to clarify how the stated value of the promotion, $3 million, was calculated.
Philadelphia—Steven Singer Jewelers, the Philadelphia retailer known for its creative ad campaigns, has launched a new campaign stating that it has not and will not ever sell lab-grown diamonds.
However, he will give them away.
The jeweler announced Wednesday that a no-purchase-necessary giveaway of 100, half-carat lab-grown diamonds in a first-come, first-serve manner will take place at the store on Aug. 12 from noon to 2 p.m.
The in-store giveaway is happening alongside the jeweler’s new online promotion that gifts a 1-carat lab-grown diamond with the purchase of a natural diamond engagement ring, which the company has branded “Real Natural Earth Born Diamonds.”
The retailer said the total value of the promotion equals what these diamonds would have been worth five years ago, $3 million.
This includes both the 100 half-carat diamonds it is giving away for free at its store this coming Saturday as well as the 600-plus 1-carat lab-grown diamonds that will be given away as a gift with purchase while supplies last.
“Steven Singer Jewelers doesn’t believe in lab-grown diamonds because they lack what makes Real Natural Earth Born Diamonds so special: the incredible formation over millions, if not billions, of years,” store founder and CEO Steven Singer said.
“There’s been a debate in the industry, but I knew anything that can be mass produced infinitely will rapidly lose value, which is exactly what happened as production scaled. Lab-grown diamond value continues to plummet and I just don’t feel right about selling them knowing they will be worthless one day.”
Both promotions are part of a national campaign based around Singer’s message that lab-grown diamonds “will be worthless someday.”
Plans to promote the new campaign include radio, digital ads and more of its well-known billboards in locations including Philadelphia; New York; Los Angeles; Chicago; Detroit; Dallas; New Jersey; Fort Myers, Florida; Washington, D.C.; and more.
It also includes a debut TV spot, “Hello Dolly,” available to view on its website.
“Diamonds are definitely a girl’s best friend, just like the famous song. It’s no surprise Marilyn Monroe, Madonna and even Britney have shot videos draped in diamonds, but we’re talking about real diamonds,” Singer said.
Related stories will be right here …
Philadelphia—Steven Singer Jewelers, the Philadelphia retailer known for its creative ad campaigns, has launched a new campaign stating that it has not and will not ever sell lab-grown diamonds.
However, he will give them away.
The jeweler announced Wednesday that a no-purchase-necessary giveaway of 100, half-carat lab-grown diamonds in a first-come, first-serve manner will take place at the store on Aug. 12 from noon to 2 p.m.
The in-store giveaway is happening alongside the jeweler’s new online promotion that gifts a 1-carat lab-grown diamond with the purchase of a natural diamond engagement ring, which the company has branded “Real Natural Earth Born Diamonds.”
The retailer said the total value of the promotion equals what these diamonds would have been worth five years ago, $3 million.
This includes both the 100 half-carat diamonds it is giving away for free at its store this coming Saturday as well as the 600-plus 1-carat lab-grown diamonds that will be given away as a gift with purchase while supplies last.
“Steven Singer Jewelers doesn’t believe in lab-grown diamonds because they lack what makes Real Natural Earth Born Diamonds so special: the incredible formation over millions, if not billions, of years,” store founder and CEO Steven Singer said.
“There’s been a debate in the industry, but I knew anything that can be mass produced infinitely will rapidly lose value, which is exactly what happened as production scaled. Lab-grown diamond value continues to plummet and I just don’t feel right about selling them knowing they will be worthless one day.”
Both promotions are part of a national campaign based around Singer’s message that lab-grown diamonds “will be worthless someday.”
Plans to promote the new campaign include radio, digital ads and more of its well-known billboards in locations including Philadelphia; New York; Los Angeles; Chicago; Detroit; Dallas; New Jersey; Fort Myers, Florida; Washington, D.C.; and more.
It also includes a debut TV spot, “Hello Dolly,” available to view on its website.
“Diamonds are definitely a girl’s best friend, just like the famous song. It’s no surprise Marilyn Monroe, Madonna and even Britney have shot videos draped in diamonds, but we’re talking about real diamonds,” Singer said.
Singer isn’t the first to build a promotion around giving away lab-grown diamonds or to make a point about the stones' declining value.
Earlier this year, The Clear Cut launched a Travel Ring program.
For each client that buys a natural diamond engagement ring valued over $20,000, the company provides an alternative ring with a complimentary 2-carat lab-grown diamond. The buyer is only responsible for cost of the setting.
Last year at JCK Las Vegas, lab-grown diamond manufacturer Shinebright USA took note of promotions that offered lab-grown diamonds at 97 to 98 percent off the Rapaport Price List.
Shinebright answered with a promotion where, with a purchase, it offered lab-grown diamonds at “100 percent back.”
Also in recent years, even what seems like the least likely brands, including Panera Bread and Pepsi, have participated in the lab-grown diamond giveaway trend.
Editors' Picks
Sponsored by
More on Lab-Grown
The Latest
IndependentsApr 01, 2025
Bergman Jewelers in Omaha Closing After 137 YearsThe independent jeweler first opened its doors in 1888.
MajorsApr 01, 2025
QVC Group to Cut 900 Jobs in the U.S.The layoffs come amid the TV shopping channel’s efforts to restructure and focus on live shopping through social media.
Events & AwardsApr 01, 2025
U.S. Antique Shows Adds Fall Show in FloridaThe debut event will take place in Miami’s Coconut Grove neighborhood this fall.
Brought to you by
The Heart of the Industry: Giving Bench Jewelers the Recognition They DeserveBench jewelers spend years honing their skills, Jewelers of America’s Certification validates their talents.
Events & AwardsApr 01, 2025
TJS to Host Discussion on Jewelry Industry’s Labor ShortageThe roundtable will take place May 17 ahead of the trade show’s welcome dinner.
Weekly QuizMar 27, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
CollectionsApr 01, 2025
Monica Rich Kosann Says ‘Good Grief’ in Peanuts Jewelry CollectionThe “Peanuts x Monica Rich Kosann” collection features the comic strip’s classic vocabulary across 10 bracelet designs.
Recorded WebinarsMar 31, 2025
Watch: What Do We Mean When We Say ‘Recycled’ Gold?Three industry experts dive into the complexities of the material often marketed as an “ethical” alternative for metal in jewelry.
Brought to you by
Natural Diamonds Should Mean MoreNatural diamonds mean more than lab-grown, but when every cut is ideal, they all look the same. Customers want more—Facets of Fire delivers.
TrendsMar 31, 2025
Amanda’s Style File: Dripping in DiamondsDiamonds are not only one of the most prominent gemstones, but the birthstone for those born in April.
MajorsMar 31, 2025
Lashbrook Expands Into Luxury Golf Gifts With AcquisitionThe Utah-based company known for making wedding bands has acquired Doubloon Golf.
WatchesMar 31, 2025
Bulgari CEO Jean-Christophe Babin Will Also Head LVMH WatchesThe longtime luxury executive led one of LVMH’s watch brands, TAG Heuer, for 12 years before taking over Bulgari in 2013.
CrimeMar 28, 2025
2 Suspects Arrested in $1.7M Smash-and-Grab Robbery of NY Jewelry StoreAuthorities said the robbers fled with jewelry and 70 Rolex watches, later taking pictures of themselves posing with big stacks of cash.
SourcingMar 28, 2025
19th-Century Jade Book Now Available in EnglishLotus Gemology founder Richard W. Hughes has translated Heinrich Fischer’s 1880 book “Nephrit und Jadeit” from its original German.
CollectionsMar 28, 2025
Piece of the Week: Löf’s ‘The Valentine’ RingThe ring's design features contrasting lines influenced by work from architecture-inspired photographer Nikola Olic.
SurveysMar 27, 2025
Consumer Confidence Falls in March Amid ‘Gloomy’ OutlookThe Conference Board’s index fell as consumers continued to worry about the impact of tariffs, the labor market, and the price of eggs.
AuctionsMar 27, 2025
300-Year-Old Ring Linked to Witch Trial Judge Goes Unsold at Auction However, two medieval jewels surpassed estimates at Noonans Mayfair’s recent jewelry auction in London.
WatchesMar 27, 2025
Austin Butler Joins Breitling as Brand AmbassadorThe Oscar-nominated actor debuted in the campaign for the new “Top Time B31” collection, which introduced Breitling’s Caliber B31.
SourcingMar 27, 2025
Susan Jacques, Gaetano Cavalieri to Headline 2025 ICA Congress The Congress is scheduled to take place May 19-22 in Brasilia, Brazil.
IndependentsMar 26, 2025
Bailey’s Fine Jewelry Acquires Fellow NC Independent JewelerThe family-owned retailer is the new owner of Morrison Smith Jewelers in Charlotte, North Carolina.
WatchesMar 26, 2025
Bulova Celebrates 150th Anniversary With Art Deco WatchesThe “150 Art Deco” collection features a Miss America timepiece and a pocket watch from the brand’s Archive Series.
MajorsMar 26, 2025
QVC Group Appoints New PresidentAlex Wellen, formerly CEO and president of MotorTrend Group, has taken on the role.
Events & AwardsMar 26, 2025
Jewelers of America Announces New Funding Initiative The Impact Initiative is part of the nonprofit association’s new three-year strategic plan.
AuctionsMar 25, 2025
Christie’s To Auction 35-Carat Sapphire, 13-Carat RubyThe ruby and the sapphire, which Christie’s calls a “once-in-a-generation masterpiece,” are part of the upcoming Hong Kong jewelry auction.
CrimeMar 25, 2025
Tiffany & Co. Earrings Swallowed Following Grab-and-Run Theft RecoveredThe two pairs of earrings, snatched from a Tiffany & Co. store in Orlando, Florida, are valued at a combined $769,500.
ColumnistsMar 25, 2025
The Smart Lab: Using Short-Form Videos to Sell More JewelryThe time to start experimenting with video content is now, writes columnist Emmanuel Raheb.
CollectionsMar 24, 2025
Pomellato’s Latest ‘Nudo’ Collections Revamp its Classic DesignFrom striking high jewelry to miniature fine jewelry, the new chapter continues to highlight gemstones featuring its signature 57-facet cut.
MajorsMar 24, 2025
4 Top Executives to Depart Signet Jewelers Amid TurnaroundThe jewelry giant is reducing its senior leadership by 30 percent as part of its new turnaround strategy.
