GREY:PGDIF - Post by User
Comment by
ekimon Feb 23, 2017 3:05pm
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Post# 25884662
RE:RE:RE:Rapaport Opens Auction with Over 120,000 Carats
RE:RE:RE:Rapaport Opens Auction with Over 120,000 CaratsIt is same with the synthetic argument.
They say that there product is 10% cheaper then the natural product....but the companies themselves keep losing money year over year.
and to say the cost of a 1 carat pulled out of Mine A versus Mine B is going to be the same is ridiculous.
They don't take into account varying profit margins at varying site.
I would not call synthetic diamonds 10% cheaper then natural product..I would say that synthetic diamonds have to be discounted 10% to polished natural diamonds just to create a market for them...they have no hope to be sold at equal pricing.
LONG...PGD
EKIM