What Is Synthetic Diamonds
It is known that the first synthetic diamonds were produced by General Electric in 1954. It is said that a synthetic diamond is basically a rock that has the durability, refractive index and hardness of a natural diamond except it is man-made. A synthetic diamond should not be confused with stimulant diamonds, such as glass, cubic zirconia, or moissanite.
Even though the technology for synthetic diamonds came into play in 1954, no synthetic diamonds were ever seen on the market until the early 1990's. It took many years for General Electric to produce a synthetic diamond that could compare with the quality of a natural diamond. By the time they figured out how to do it, the cost of producing a synthetic diamond is more expensive than it did to mine and cut natural diamonds.
Eventually, Gemesis Corporation figured out a way to produce synthetic diamonds that were of the same quality as natural diamonds but at a cheaper price. Till today, Gemesis produces synthetic white diamonds and colored diamonds. These diamonds sell for about 1/3 of the cost of a natural diamond. There is a shortage of them therefore they are hard to find. Fact shows that synthetic diamonds are rarer than natural diamonds!