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Diamonds - Are They Really Worth the Cost?

Posted by Cliff on Tue Aug 13, 2002 06:07 PM
from the ethics-in-the-diamond-age dept.
hardDiamond asks: "I'm going to get engaged. I know my 4 C's. I know I'm going to get screwed by the jeweller, but that's okay: after all, a diamond engagement ring is a time-honoured tradition... NOT. Having checked out the goods, looked for the flaws, I found the biggest one of all. Diamond engagement rings are the creation of a well orchestrated advertising campaign for most of the last century - according to this article. Would you buy one for the love of your life? I know my girlfriend would love a diamond, but ethically I have my doubts. Diseased-miners, child slave labour, cartel inflated prices... and as if that wasn't enough, diamonds have no resale value. Naddah. Zilch. They'll sell you the shit, but damn it, they're not taking it back at any price. So what have my fellow slashdotters done with regards to engagement rings? What's a good substitute for diamonds? My girlfriend understands my thoughts regarding diamonds, but deep down, I'm sure she would like a diamond. Even a small one." I've never even thought about questioning such a time honored tradition, but now I'm curious. Have any of you looked at the issues surrounding diamonds and found them wanting? What alternatives have you found and were they acceptable?
After researching this a bit, one of the key facts to surface is that 2-4.5% of diamond sales will go to finance terrorism or forms of violence. Such diamonds, for want of a better term, have been named "conflict diamonds". For those of you interested in following up on this subject, here are a few more links:
Fatal Transactions
Conflict Diamonds: Sanctions and War
The Campaign to Eliminate Conflict Diamonds
The Kimberly Process, which will attempt to track diamonds to their origin. This is to begin in November.
For those of you who have a subscription to Science News, the cover story, this month, deals with this issue as well.
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  • The Answer by Chester K (Score:1) Tuesday August 13 2002, @06:09PM
  • alternatives? (Score:3, Insightful)

    by garcia (6573) on Tuesday August 13 2002, @06:09PM (#4065449) Homepage
    There are none. The girlfriend will be bombarded w/her friends pissing her off w/the fact that she doesn't have one, and how dare her fiance not buy one for her.

    My gf's brother just got engaged. His fiance announced this to my gf by saying, "here's mine, where's yours?"

    Whether or not this is obnoxious is not the point. Her friends are going to do much the same.

    Time honored is true, but expected is more the reality.
    • Re:alternatives? (Score:5, Insightful)

      by Gudlyf (544445) <gudlyf&realistek,com> on Tuesday August 13 2002, @06:22PM (#4065617) Homepage Journal
      Yes, you do need to understand that this is a gift for her, not you. The question is, what does she want? Does she agree with your concerns, or are you going to just pick an alternative and hope for the best?

      I may have plenty of ethical issues against the fine leather used in the new shoes my wife wants for her birthday, but it doesn't mean I'll try buying her a pair of canvas sneakers and hope she doesn't notice.

      [ Parent ]
      • Re:alternatives? by Anonymous Coward (Score:1) Tuesday August 13 2002, @06:44PM
      • Re:alternatives? (Score:5, Interesting)

        by Anonymous Coward on Tuesday August 13 2002, @09:44PM (#4067229)
        You're right, it comes down to what she wants. Keep in mind that the "surprise" diamond engagement ring was invented by DeBeers (who paid for for the placement of said surprises in movies) specifically because their research showed that when the man asked the woman what she wanted, she almost _always_ preferred the man to spend the money on something practical like a down payment on a house or a car. Only by making men believe that women wanted a diamond ring, and didn't want to be asked about it, could they convince men to spend several months' salary on something the woman didn't actually want, and embarrass the woman into not admitting to that fact.

        So if you want to donate money do DeBeers (hint: they don't need any more) go ahead and surprise your wife with a diamond ring. But if you have a relationship of trust and communication (i.e. you're not already screwed), talk about it with your wife -- she's an adult, and can tell you herself what she wants. And keep in mind that any diamond you're likely to buy had no significant value until 1938, and there's no particular reason to think that they will in 2038, so the only real value is sentimental (which in this case is up to your wife-to-be). So talk it over. If she thinks that a diamond ring is important, then it is, and you should buy her one. But treat her like an intelligent human being, and give her the chance to talk it over.

        Personally, we bought a moderately sized diamond (this was before I knew just how artificial a diamond's value actually was), but more importantly, it's set in a custom ring that we designed and bought together. Instead of surprising her with a ring, we flew to Paris, and I proposed under the Arc de Triumph looking at the Eiffel Tower (after hitting the Louvre and eating an insanely fantastic dinner). She was still surprised (and had a goofy grin for weeks), and this all cost far less than the "two months salary" line DeBeers pitches, and was a lot more memorable because it represented real effort to arrange rather than simply writing a check. We designed and bought the ring a month or two later, together.
        [ Parent ]
        • Re:alternatives? (Score:5, Interesting)

          by Anonymous Coward on Wednesday August 14 2002, @03:21AM (#4068417)
          Totally agreed, my wife and I designed our own wedding bands. Her folks donating a family heirloom 3 carat diamond (yes her hand drags across the ground, and yes we already knew diamonds are worthless, but the size of the ring is quite uncommon) seated in a suspension band (this allows it to adapt to body weight and still be able to take it off). The jeweler designed the band to allow for additional customizations, kinda of a lego ring :D

          As for mine, tiny skulls side-by-side that wraps around my finger molded out of white gold. It was originally based on a cheaply made silver ring I got from OzFest'97. When I first met my wife to be, the ring broke that nite. She offer to repair it and no sooner than after i put it on, it broke. Years later when we decide to marry, she surprised me by recasting the old broken ring into something new and improved. The Jeweler made considerable number of structural improvements and left plenty of room for future customizations (ruby eyes, plenty of surface area to attach additional skulls, etc). Needless to say, I was floored by her surprise.

          My point? Why buy stock jewelry at all?? treat it like open source, extend, embrace and wear =)
          The uniqueness alone makes it valuable in it's own right, maybe not on the marketplace, or maybe so, but who really cares, it's the sentimental value that matters the most, regardless of cost.

          What's that??? some of you are saying i'm blowing shit out my mouth cuz we were able to afford these rings, our tune would probably change if were poorer...HEH...Well remember, her folks gave us the worthless diamond, and all the customizations were under $1000 combined and that's STILL less than 2 months salary, way less,
          but worth a million times more than any old piece of junk from a jewelry store.

          mindrape
          damaged cybernetics
          [ Parent ]
        • Re:alternatives? by mpe (Score:2) Wednesday August 14 2002, @06:18PM
        • 3 replies beneath your current threshold.
      • Re:alternatives? by eltardo (Score:1) Tuesday August 13 2002, @10:46PM
      • Yeh, OK... by autopr0n (Score:2) Wednesday August 14 2002, @12:23AM
        • Re:Yeh, OK... by Gudlyf (Score:1) Wednesday August 14 2002, @09:04AM
          • Re:Yeh, OK... by non-poster (Score:1) Wednesday August 14 2002, @11:05AM
        • 1 reply beneath your current threshold.
      • Re:alternatives? (Score:5, Insightful)

        by squaretorus (459130) on Wednesday August 14 2002, @02:38AM (#4068292) Homepage Journal
        this is a gift for her, not you

        JESUS! It never fails to amaze me how little geek guys know about women!

        Every single woman I've ever been out with went week at the knees at the sight of me refusing to eat at a restaurant because of poor practice, avoiding a brand for poor ethics, or cycling to work to live 'carbon neutral'.

        If you care about this stuff - and your women doesn't I dont care how nice her tits are or how often she gets them out for you - DUMP HER. She'd sure as hell get rid of you if the tables were turned, and theres another one out there with BETTER tits who shares your ethics, and cooks a better omlette - you just have to find her.

        If you can shelve your ethics for sex - they weren't your ethics in the first place.
        [ Parent ]
      • Re:alternatives? by SWestrup (Score:1) Wednesday August 14 2002, @07:44AM
      • Re:alternatives? by Gudlyf (Score:1) Tuesday August 13 2002, @09:15PM
      • Re:alternatives? (Score:4, Funny)

        by BollocksToThis (595411) on Tuesday August 13 2002, @09:18PM (#4067078) Journal
        Who the fuck do these bitches think they are?

        Well, apparently, they're the materialistic small-minded bitches who would marry someone for the financial security they could provide. OF COURSE they're going to want something ridiculously expensive and p