Yellow synthetics now on sale, creator discounts market impact: 'even when we look at that specific category of natural fancy colored diamonds, I really do not think we are a competing factor. Some natural colored diamond dealers may at first be taken aback by our product, but they soon realize its limitations.'.

Israel Diamonds, October, 2003

The upsurge in popularity of natural colored diamonds, and the consequent proliferation of techniques to enhance colorless or near-colorless diamonds, has made colored diamonds--both natural and enhanced--more visible than ever in the trade.

But there is a third category of colored diamond available in the market that is neither a naturaly colored, nor an enhanced colored diamond. Indeed, it is a colored synthetic diamond, which, for the first time it seems can be defined by the trade as being gem quality.

The synthetic stones are being produced by the Gemesis Corporation of Sarasota, in the U.S. state of Florida. The firm produces gem quality diamonds in sizes that range between 0.20 up to 3.5 carats, of very high clarity and in a range of colors...