MajorsJul 26, 2024
Diamonds Direct Opens Store in AtlantaIt’s the Signet-owned banner’s first location in Georgia.
EditorsMay 30, 2018
Growing a Diamond Using CVD: Video
Watch a diamond go from seed to polished in two minutes and 14 seconds.
A screenshot from Altr’s 2 minute, 14 second video showing how diamonds are grown using the chemical vapor deposition, or CVD, process.
Last week, I had the chance to catch up with Amish Shah, president of lab-grown diamond company Altr, about a video Altr is releasing giving consumers a look inside the company’s growing facility.
That was, of course, before the big jewelry industry news broke that De Beers would begin selling jewelry set with diamonds grown by its own Element Six at a new facility outside of Portland, Oregon.
As I wrote in covering the story Tuesday, it is big, but not shocking, jewelry industry news. Element Six has been growing diamonds for industrial purposes—for items like drills and speakers—since 1946, and there has long been speculation about when De Beers would begin producing gem-quality lab-grown diamonds as well.
Now, this is certainly a story we will be following up on to analyze what it means for the industry, to assess De Beers’ goals in getting into lab-growns, and to gauge industry reaction, some of which already has begun to filter in online. (My favorite so far comes from a LinkedIn commenter: “Sometimes fighting the future is not worth the pain.” Excellent point, sir.)
I am on my way to Las Vegas as I write this, and hope to hear from many in the industry there. If you are not headed to Vegas and would like to weigh in on De Beers’ decision to enter the jewelry end of the lab-grown market, feel free to email me at michelle.graff@nationaljeweler.com or leave your thoughts below in the comments.
In the meantime, I wanted to share this video Altr is releasing giving consumers a condensed view of how it grows diamonds using the chemical vapor deposition (CVD) process at its facility in India. You can watch the video below as well as on the Altr website starting today.
Shah said a professional team of 26 from Open Design & Strategy shot the timelapse video.
It shows the CVD process--sped up to 2 minutes and 14 seconds--starting from when the Type IIa diamond seed, which is as thin as 1 millimeter, is placed in one of Altr’s proprietary reactors. It then shows it emerging with a polycarbon shell that’s removed using a water-jet laser, and culinates with the cutting and polishing process that turns the rough man-made diamond into a polished stone.
Shah said the video is designed to be educational, not advertorial, clearing up confusion among consumers.
“Everybody still has a
myth about [lab-grown] diamonds,” Shah said. “Most people haven’t seen one or know about it.”
But they hear about them and they want to know: What is a man-created diamond? How is it grown? Who made it?
“This is us taking one more step forward so that today a retailer can show it to their guests (and say), this is where it’s coming from, this is how it’s being made,” he said.
Shah’s assertions are backed up by the research De Beers cited in its news release about entering the lab-grown diamond jewelry market, which stated: “We’ve learned from our research that there is a lot of confusion about lab-grown diamonds.”
Consumer confusion also was stressed in the recent survey results released by the Diamond Producers Association, which circulated an interesting press release last week via email with the subject line, “Laboratory-Grown Diamonds Aren’t Considered ‘Real.’”
I am scheduled to conduct a sit-down interview with DPA head Jean-Marc Lieberherr this week at the jewelry trade shows so the “realness” of lab-grown diamonds and the DPA’s survey is a subject that I plan to return to in a future blog post, because there is a lot to unpack there.
For now, though, I asked Shah—who obviously has a very specific viewpoint on the matter as the head of a lab-grown diamond company—about education, consumers' misconceptions and the industry’s perception of lab-grown diamonds in general, and he made what I consider to be a solid point: “Today’s consumer makes an informed purchase. We as an industry are just trying to catch up with this.”
If there are misconceptions and/or confusion about lab-grown diamonds, it’s because the industry hasn’t done enough to educate consumers up until this point. But, as more stores start to carry man-made diamonds, they will get educated when they come into a store and then make their choice.
“As an industry, rather than creating confusion, I think we should look at education and we will all have growth. That’s what I believe,” Shah said.
For those interested in meeting Shah and learning more about Altr, you can visit them at the JCK Las Vegas jewelry trade show, which starts Friday, June 1 at Mandalay Bay. They are in booth No. S10600 in the Currents section across from the Plumb Club.
But they hear about them and they want to know: What is a man-created diamond? How is it grown? Who made it?
“This is us taking one more step forward so that today a retailer can show it to their guests (and say), this is where it’s coming from, this is how it’s being made,” he said.
Shah’s assertions are backed up by the research De Beers cited in its news release about entering the lab-grown diamond jewelry market, which stated: “We’ve learned from our research that there is a lot of confusion about lab-grown diamonds.”
Consumer confusion also was stressed in the recent survey results released by the Diamond Producers Association, which circulated an interesting press release last week via email with the subject line, “Laboratory-Grown Diamonds Aren’t Considered ‘Real.’”
I am scheduled to conduct a sit-down interview with DPA head Jean-Marc Lieberherr this week at the jewelry trade shows so the “realness” of lab-grown diamonds and the DPA’s survey is a subject that I plan to return to in a future blog post, because there is a lot to unpack there.
For now, though, I asked Shah—who obviously has a very specific viewpoint on the matter as the head of a lab-grown diamond company—about education, consumers' misconceptions and the industry’s perception of lab-grown diamonds in general, and he made what I consider to be a solid point: “Today’s consumer makes an informed purchase. We as an industry are just trying to catch up with this.”
If there are misconceptions and/or confusion about lab-grown diamonds, it’s because the industry hasn’t done enough to educate consumers up until this point. But, as more stores start to carry man-made diamonds, they will get educated when they come into a store and then make their choice.
“As an industry, rather than creating confusion, I think we should look at education and we will all have growth. That’s what I believe,” Shah said.
For those interested in meeting Shah and learning more about Altr, you can visit them at the JCK Las Vegas jewelry trade show, which starts Friday, June 1 at Mandalay Bay. They are in booth No. S10600 in the Currents section across from the Plumb Club.
More on Editors
The Latest
TrendsJul 26, 2024
Piece of the Week: Bea Bongiasca’s ‘Double Loop’ EarringsCommemorate “brat summer” with these green hoops.
Supplier BulletinJul 25, 2024
Meet Gemology’s Next Generation Microscope: GIA® Gemolite® NXT Professional EditionSponsored by Gemological Institute of America
Brought to you by
The End of an Era? Lab-Grown Diamonds' Journey Towards Price StabilityAs the demand for lab-grown diamond jewelry may still be increasing, the most notable change we are likely to see is price stabilization.
TechnologyJul 25, 2024
Amazon, BBB Sue Website Allegedly Peddling Fake Reviews They claim ReviewServiceUSA.com was selling both positive and negative reviews of products and businesses.
Weekly QuizJul 25, 2024
This Week’s QuizTest your jewelry news knowledge by answering these questions.
SourcingJul 25, 2024
De Beers’ H1 Revenue Falls 21% in ‘Weak’ MarketLab-grown diamond sales in the United States and ongoing economic challenges in China are impacting natural diamond demand.
IndependentsJul 25, 2024
Store Designer Ruth Mellergaard DiesA longtime member of IJO, she’s remembered for her passion for design, learning, and environmentalism.
Brought to you by
Meet Gemology’s Next Generation Microscope: GIA® Gemolite® NXT Professional EditionGIA®’s most advanced microscope has new features to optimize greater precision and comfort.
FinancialsJul 25, 2024
Boucheron, Pomellato Post Double-Digit Growth in Q2 The gains come amid a tough time for parent company Kering, which saw sales slide 11 percent in the first half of the year.
MajorsJul 25, 2024
Shane Co. Partners With Kids In Need Foundation to Donate 7,200 BackpacksThe fine jewelry retailer filled backpacks with back-to-school essentials for students in 13 states.
FinancialsJul 24, 2024
LVMH’s First-Half Jewelry, Watch Sales Dip 5%Tiffany & Co. is focusing on its “iconic” collections while the company has made changes at the top at TAG Heuer and Hublot.
MajorsJul 24, 2024
See Chaumet’s Paris Olympic Medals Inspired by its High JewelryThe Parisian brand is the first jewelry company in the history of the Olympic and Paralympic Games to design the medals.
MajorsJul 24, 2024
Jewelers Mutual Acquires Pawnbroker Insurance ProviderUnion Life & Casualty will join JM Insurance Agency Partners, expanding the provider’s pawnbroker coverage.
MajorsJul 24, 2024
Ben Bridge Announces 2024 Lonia Tate Scholarship WinnerLos Angeles-based Bradlei Smith was selected for this year’s award.
ColumnistsJul 23, 2024
Peter Smith: The Case for Optimism in Sales In his latest column, Smith shares multiple reasons why people who look at the glass as being hall full often make better salespeople.
SourcingJul 23, 2024
De Beers’ Production Drops 15% in Q2The company also reported the $150 million sale of an iron ore royalty right, part of its ongoing effort to divest “non-core” assets.
IndependentsJul 23, 2024
Long’s Jewelers Is Giving Away a Luxury Cape Cod VacationThe giveaway is part of the New England jeweler’s summer bridal event.
CollectionsJul 23, 2024
Guzema Debuts ‘Flower Power’ CampaignThe ad features three celebrity florists creating floral sculptures while wearing jewelry by Guzema.
Policies & IssuesJul 23, 2024
Diamonds Do Good Announces Its 2024 Entrepreneurship Grant WinnersThe grant provided a total of $100,000 to support 13 entrepreneurs from diamond communities in Africa and India.
CrimeJul 22, 2024
Florida Jeweler Shot, Killed Following Argument With CustomerGhazi Michel Osta, or “Gus,” was killed Friday by an 83-year-old man said to be a frequent customer at his store, Volusia Gold & Diamond.
Policies & IssuesJul 22, 2024
JVC’s Elyssa Jenkins-Pérez Joins RJCThe organization also announced Effie Marinos as its new specialist advisor for technical standards, as well as four other appointments.
SourcingJul 22, 2024
AWDC Names Karen Rentmeesters as CEORentmeesters has served as interim CEO since April following former CEO Ari Epstein’s resignation.
IndependentsJul 19, 2024
Longtime D.C. Jeweler Brian Mann Dies at 70Mann, whose family’s jewelry store was located inside the Pentagon, is remembered for being a thoughtful champion of the industry.
IndependentsJul 19, 2024
The 1916 Company Opens New Tudor BoutiqueThe 500-square-foot boutique is located in Denver’s Cherry Creek Shopping Center.
CollectionsJul 19, 2024
Piece of the Week: Messika’s ‘So Move Max’ NecklaceDance all night long with the “So Move Max” set’s necklace.
WatchesJul 18, 2024
TAG Heuer, Hublot Will Have New CEOs Luxury giant LVMH is reshuffling the leadership in its watches division.
MajorsJul 18, 2024
New Etsy Campaign Prioritizes Creators Amid BacklashSellers and shoppers have spoken out against a rise in mass-produced merchandise on the platform meant to highlight handmade goods.
