Why is Moissanite So Cheap?
For the longest time, dating back to the 15th century, diamonds have been celebrated as a symbol of luxury and everlasting love. But there's a sparkling secret that's been catching the eye of savvy shoppers and budget-conscious romantics alike. Moissanite, a gemstone with a dazzling brilliance that rivals even the most precious of jewels, has been making waves in the world of fine jewelry. But here's the burning question:
Why is Moissanite so Cheap?
The first secret to moissanite's affordability lies in its synthetic nature. Unlike diamonds, which are forged by the Earth's geological processes over countless millennia, moissanite is meticulously crafted in laboratories.
Additionally, moissanite can be produced and made available in larger quantities which destroys the artificially inflated value of scarcity that causes the price tags for diamonds go as high as hundreds of thousands of dollars.
If you think about, the diamond industry is run and monopolized by the big players like De Beers Group, Alrosa, Rio Tinto, and BHP Billiton which gave them the power to drive up the price for diamonds. But moissanites are cheaper because there are more manufacturers and there is no single monopoly that controls the market.
Points You Should Know Before You Buy
If you're considering buying moissanite, here are some key points to keep in mind:
- The 4 Cs (cut, carat, color, and clarity)
- Your budget
- Jewelry styles, shape, cut, and preferences
- Moissanite Certification
And if you have more questions about the moissanite jewelry you're eyeing, don't hesitate to reach out to the jeweler you'll purchase from! They are often helpful and will not hesitate to guide you so you can get your dream moissanite jewelry.
Is There a Resale Market for Moissanite?
Certainly! The value of a resold moissanite piece is influenced by various factors.
First and foremost, a well-maintained moissanite piece with minimal wear and tear is sure to command a higher price when it re-enters the market. Branding and certification also come into play. Moissanite from reputable brands and those with proper certifications is more likely to maintain its value.
You might also want to check out the market demand so that you can gauge the resale price. You can sell your jewelry to a local jeweler or pawn shop, online marketplaces such as eBay or Etsy, or dedicated online platforms such as TheRealReal or Worthy.
Is Moissanite a Good Investment?
Absolutely! Moissanite's affordability is one of its primary strengths as an investment. Compared to natural diamonds, moissanite is significantly cheaper while offering similar brilliance and durability. It is also something can last for a lifetime which means that you will get the most wear out of it and you can even pass it down the family line as a treasured heirloom. Lastly, for as long as you take good care of your moissanite jewelry, you can secure its resale value without a lot of depreciation.