industrial grades are all the bad stuff and rough diamonds need to be cut anyways, the wastes that cant give any other cut stone its never thrown away, some of it stays at the cutter if they make their own abrasive pastes and the rest its sold. Artificial diamonds give wastes too.
I make jewels for a living and i can tell you that the same diamond can cost 5 or 500 or 5000, the differences in between the prices would be due to clarity, cut, etc but unless you work with that stuff by the naked eye you wouldnt notice, so you find absolute crappy stones sold for a lot of money (and i dont even go into the artificial sold as natural that is pure scam). But yet for a customer its a "so nice and sparkly diamond"!:jerkit:
Then there are the trends pushed by the big dealers (not the big jewellery at the corner but the ones that provide the world with gems) like the 'champagne' colored diamonds. In the past that would have defined pee color, so a blah stone, now they are sold like they are...well... diamonds:grumpy: .
In the past past customers were partially more knowledgeable they were looking for something that represent fashion but investment too, the jewellers were more serious and they actually knew what they were selling because it was either handmade by them or handmade by equally serious suppliers, and the possibility to scam were a little less. Now fake stones look like the real ones in all the details, theres a lot of them, the person at the desk most of the time knows nothing of jewellery, serious jewellers are a lot less, serious manufacturers even less, and people is content with a 10 karats (gold) ring bought in television worked so that the two crumbs of diamonds on top look like ten big nice ones, but it sparkles so its worth it...:foot:
Sorry about the rant but, look the coincidence, today it really hit the spot.