Stopping estate jewelry synthetics scams
The rise of lab-grown diamonds has had every diamond dealer on high alert over the past several years. But dealers in estate jewelry are now being warned they could also get stiffed by the unscrupulous swapping of synthetic stones, warns professional appraiser and industry consultant Edward Lewand.
Stopping estate jewelry synthetics scams
The rise of lab-grown diamonds has had every diamond dealer on high alert over the past several years. But dealers in estate jewelry are now being warned they could also get stiffed by the unscrupulous swapping of synthetic stones, warns professional appraiser and industry consultant Edward Lewand.
The threat of such unethical switches has been on the rise due to the rapidly growing availability of all shapes and sizes in the lab-grown market. Any attempted substitution of lab-grown stones will likely be in melee and center stones, especially in pieces from eras like the 1920s and 1930s, when diamonds were big, according to Lewand. “That’s when we might see a stone being replaced, say, in an engagement ring.”
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