There seems to be two schools of thought when it comes to the issue of fake diamonds: in one camp, you have people who think they are the best deal in the world, and in the other camp, you have people who wouldn’t be caught dead wearing a fake diamond!
Many of these conflicting opinions come from the marketing the drives the diamond industry. The concept that diamonds are “forever” is ingrained into many people’s heads, and as a result the demand for diamonds rises and prices rise accordingly. Over the past few decades, this has created a rise in the popularity of fake diamonds due to people who don’t want to pay such high prices for real diamonds.
Some people will choose to use a “fake diamond,” such as a cubic zirconia or moissanite, in place of a real diamond for financial reasons. With real diamonds, a high quality 1 carat diamond in a nice setting in an engagement ring can run between $5,000-$10,000 or more! A cubic zirconia of equivalent size, on the other hand, will likely be under $50. And many people will choose to go this route but then have the cubic zirconia set into a nice setting from a jewelry store, and the result is a ring that no one will be able to tell is fake without examining it in a lab. And by going with a fake diamond, these people have just saved thousands of dollars that can be used to pay off debt, make a down payment on a home, or go on vacation.
Of course, some people only want the real thing. It comes down to individual choice. But it is worth it to do some research on fake diamonds vs. real diamonds so you can justify your choice.
Jennifer Skorla loves wearing her fake diamond engagement ring.
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