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The first lab-made diamonds can be dated back to the 1950s, [1] and memorial diamonds started to appear in the market in the early 2000s. More than one company has claimed to be the first to provide memorial diamonds, and both Heart In Diamond [2] and LifeGem [3] have claimed to have a patent covering the growing of a "personalized gem diamond".
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Traditionally, diamonds are considered a valuable commodity and large quantities of rough diamonds have been mined in the last few hundred years via pit mining or alluvial mining. According to Reuters, the lack of quality rough diamonds has been one of the main reasons for the rise of the recycled diamond industry in recent times. [1]
The concept of a diamond eternity ring was created in the 1960s by diamond merchant De Beers. [5] [6] American investigative journalist Edward Jay Epstein stated that at the time the company had a secret agreement with the Soviet Union which, in return for the creation of a "single channel" controlling the world's supply of diamonds, required the purchase of 90–95% of the uncut gem diamonds ...
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