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Wired 11.09: The New Diamond Age

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Wired 11.09: The New Diamond Age
Topic: Science 5:26 am EDT, Aug 14, 2003

] Armed with inexpensive, mass-produced gems, two startups
] are launching an assault on the De Beers cartel.
]
] Next up: the computing industry.
]
] By Joshua Davis
]
] Aron Weingarten brings the yellow diamond up to the
] stainless steel jeweler's loupe he holds against his eye.
] We are in Antwerp, Belgium, in Weingarten's marbled and
] gilded living room on the edge of the city's gem
] district, the center of the diamond universe. Nearly 80
] percent of the world's rough and polished diamonds move
] through the hands of Belgian gem traders like Weingarten,
] a dealer who wears the thick beard and black suit of the
] Hasidim.
]
] "This is very rare stone," he says, almost to himself, in
] thickly accented English. "Yellow diamonds of this color
] are very hard to find. It is probably worth 10, maybe 15
] thousand dollars."
]
] "I have two more exactly like it in my pocket," I tell
] him.
]
] He puts the diamond down and looks at me seriously for
] the first time. I place the other two stones on the
] table. They are all the same color and size. To find
] three nearly identical yellow diamonds is like flipping a
] coin 10,000 times and never seeing tails.
]
] "These are cubic zirconium?" Weingarten says without much
] hope.
]
] "No, they're real," I tell him. "But they were made by a machine
] in Florida for less than a hundred dollars."

Wired 11.09: The New Diamond Age



 
 
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