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The company that became Blue Nile began in 1995 when Doug Williams of Williams & Son Inc. of Seattle started a website to sell diamonds online. [3] Mark C. Vadon, then a management consultant at Bain & Company, purchased a diamond engagement ring from the site in 1998. [3]
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 ...
The new lab-grown diamonds retail for about one-tenth the cost of naturally occurring diamonds. The new brand began selling in September 2018 and the stones are produced in Gresham, Oregon, a $94 million facility using the region's cheap electricity, which opened in 2018 with the capacity for 500,000 rough carats of diamonds per year. [58] [59 ...
HB Antwerp uses a blockchain to track diamonds and to route more money to the stones' home country. Industry giant DeBeers has followed suit.
Some high-end fine jewelers have gotten on board with the trend. In 2023, jeweler Jean Dousset, the great-great-grandson of Louis Cartier, opened a showroom with “designer” lab-grown diamonds ...
Diamond cutting, as well as overall processing, is concentrated in a few cities around the world. The main diamond trading centers are Antwerp, Tel Aviv, and Dubai from where roughs are sent to the main processing centers of India and China. [3] Diamonds are cut and polished in Surat, India and the Chinese cities of Guangzhou and Shenzhen. [4]