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The CDTA also does not directly deal with the retail diamond sector, as the Act only applies to rough diamonds as opposed to cut and polished diamonds. [2] While some retailers take strong initiatives to avoid conflict diamonds, many do not, so the effectiveness of the Act to eliminate the trade of conflict diamonds is often questioned. [2]
Generally diamonds of exactly similar size, cut, shape, color and clarity are used in a single piece of diamond jewelry. If not, the stones would not match and the piece would not sell. Small recycled diamonds are treated differently from large individual stones. [citation needed] A single small diamond has limited value by itself. It is only ...
In 2012, the company began also selling polished diamonds and diamond jewelry directly to consumers through its website. The company was founded by Carter Clarke Jr., a retired United States Army brigadier general and son of Carter W. Clarke , beginning as a 30,000-square-foot factory, outside Sarasota , Florida. [ 7 ]
“A diamond is forever,” but perhaps not for the increasing number of consumers spurning the gemstone for lab-grown counterparts, gold and even other colored gemstones.
In the U.S., lab-grown diamond sales jumped 16% in 2023 from 2022, according to Edahn Golan, an industry analyst. ... “When you buy a natural diamond, there’s a story that it is three billion ...
“It’s financial,” he said. “One is a commodity and an instrument of value, and the other is a consumer product.” ... said she does not sell lab-grown diamonds in her store. Sommers has ...
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