ALTR Created Diamonds

Last updated
ALTR Created Diamonds
Products Lab-grown diamond
OwnersAmish Shah
Parent R.A. Riam Group
Website www.altr.nyc

ALTR Created Diamonds is a brand of lab-grown diamonds created by R.A. Riam Group. [1]

Contents

History

Company

ALTR Created Diamonds is a division of the R.A. Riam Group, a wholesale jeweler based in New York City. [2] The principles of Riam Group were heirs to a heritage of 80 years in the mined diamond business, when they released their first lab-grown diamond. [3] Riam introduced ALTR Created Diamonds at JCK Las Vegas trade show in 2016. [4]

Founder

Amish Shah, Founder of ALTR Created Diamonds, is a pioneer in the lab grown diamond marketplace. After gaining experience, through his family business, in the diamond industry and in fine jewelry at an early age, he joined R & R Grosbard Inc. in New York in 2001 and helped transform it into an international powerhouse. Ten years later, Amish took over its operations and went on to conceive ALTR Created Diamonds, who are the only vertically integrated diamond house growing, manufacturing, designing, and cutting with the world's finest artisans to create the purest form of diamonds (type-IIa diamonds) known to man. [5]

Pioneers in the Industry

Leadership

ALTR Created Diamonds was featured on the premiere episode of CNBC's "Streets of Dreams with Marcus Lemonis" titled "Diamond District." The episode aired on December 29, 2020. In the interview, ALTR Created Diamonds and their President Amish Shah were showcased as the pioneers in the industry outlining the development of their lab-grown diamonds and the effects the company has had on the diamond market in the past five years. [6]

First Lab Grown Diamond Consumer Brand to the Market

In 2017, ALTR launched the first-ever lab grown diamond consumer brand, LOVEMONSTER made exclusively from ALTR Created Diamonds featuring larger carat, Type IIA diamonds. [7]

Growing Film

In 2018, ALTR unveiled the world's first ground-breaking diamond growing film at JCK Las Vegas. The film presents how two technologies (CVD and HPHT) are combined to grow the finest Lab Grown Diamonds for ALTR. [8]

Patents

ALTR has 49 patents, providing both created diamonds and uniquely created diamond jewelry that shape the experience of a brilliant diamond. [9]

International Expansion

ALTR Created Diamonds now distributes to 20 countries including the United States, EU, Australia, Germany, Hong Kong, China, India, Canada, Thailand, South Korea, Israel, and South Africa. [10]

Largest Lab Grown Pink Diamond in the World

In 2018, ALTR showcased a 4-carat lab grown pink diamond, the largest in the world, to Borsheims. The diamond is a 3.99-carat Asscher cut grown using the chemical vapor deposition process (CVD) and was graded by GCAL as a fancy orangy pink of VS2 clarity. [11]

Awards

First Place for Laboratory-Created/Gemstone Jewelry Category Of 2020 Instore Design Awards

ALTR secured first prize in the 2020 INSTORE Design Awards for Laboratory-Created Diamond and/or Gemstone Jewelry for their 35-carat necklace called 'Indra's Net', which is thought to be the first high-carriage jewelry piece ever to be created in the lab-grown diamond category. [12]

Related Research Articles

<span class="mw-page-title-main">Diamond</span> Form of carbon

Diamond is a solid form of the element carbon with its atoms arranged in a crystal structure called diamond cubic. Another solid form of carbon known as graphite is the chemically stable form of carbon at room temperature and pressure, but diamond is metastable and converts to it at a negligible rate under those conditions. Diamond has the highest hardness and thermal conductivity of any natural material, properties that are used in major industrial applications such as cutting and polishing tools. They are also the reason that diamond anvil cells can subject materials to pressures found deep in the Earth.

<span class="mw-page-title-main">Gemstone</span> Piece of mineral crystal used to make jewelry

A gemstone is a piece of mineral crystal which, when cut or polished, is used to make jewelry or other adornments. However, certain rocks and occasionally organic materials that are not minerals are also used for jewelry and are therefore often considered to be gemstones as well. Most gemstones are hard, but some soft minerals are used in jewelry because of their luster or other physical properties that have aesthetic value. Rarity and notoriety are other characteristics that lend value to gemstones.

<span class="mw-page-title-main">Synthetic diamond</span> Diamond created by controlled processes

Lab-grown diamond is diamond that is produced in a controlled technological process. Unlike diamond simulants, synthetic diamonds are composed of the same material as naturally formed diamonds—pure carbon crystallized in an isotropic 3D form—and share identical chemical and physical properties.

Gemesis Inc. was a privately held company located in New York City. The company grew synthetic diamonds using proprietary technology.

<span class="mw-page-title-main">Gemological Institute of America</span> Research institute in Carlsbad, California

The Gemological Institute of America (GIA) is a nonprofit institute based in Carlsbad, California. It is dedicated to research and education in the field of gemology and the jewelry arts. Founded in 1931, GIA's mission is to protect buyers and sellers of gemstones by setting and maintaining the standards used to evaluate gemstone quality. The institute does so through research, gem identification and diamond grading services and a variety of educational programs. Through its library and subject experts, GIA acts as a resource of gem and jewelry information for the trade, the public and media outlets.

<span class="mw-page-title-main">Jewelry Television</span> American television network

Jewelry Television is an American television network specializing in the sale of jewelry. On-air and online, the network is mainly branded by its jtv initials in lower-case letters. It has an estimated reach of more than 80 million U.S. households, through cable and satellite providers, online streaming and limited over-the-air broadcasters.

<span class="mw-page-title-main">Diamonds as an investment</span>

Diamonds were largely inaccessible to investors until the recent advent of regulated commodities, due to a lack of price discovery and transparency. The characteristics of individual diamonds, especially the carat weight, color and clarity, have significant impact on values, but transactions were always private. With the standardized commodity as an underlying asset, several market traded financial instruments have been announced.

<span class="mw-page-title-main">Diamond (gemstone)</span> Gemstone

Diamond is one of the best-known and most sought-after gemstones. They have been used as decorative items since ancient times.

International Gemological Institute (IGI) is a Belgian diamond, colored stone and jewelry certification organization. Established in 1975, it is the largest independent gemological laboratory worldwide.

Graff is a British multinational jeweller based in London. It was founded by British jeweller Laurence Graff in 1960. A vertically integrated company, Graff operations comprise the design, manufacture and retail distribution of jewellery and watches.

<span class="mw-page-title-main">Green Lake Jewelry Works</span>

Green Lake Jewelry Works is a Seattle jewelry designer, manufacturer, and retailer. Selling mostly custom made jewelry, the company is known for a customer experience of personalized contact with traditional artisans that is profitably scaled up to a relatively large business operation, made possible by its use of computer-aided design and manufacturing (CAD/CAM), in combination with effective use of e-commerce technology. They maintain a relatively small physical inventory that is augmented by a "virtual inventory" of renderings of their offerings. The company's sales volume grew quickly from about $2 million per year in the years 2003–2005 to over $7 million for 2006, passing $10+ million by 2018.

WD Lab Grown Diamonds ("WD") was a market leader in Chemical Vapor Deposition (CVD) diamonds, headquartered in the Washington, D.C. area. Founded in 2008, WD produces lab-grown diamonds for distribution under the brands, in addition to creating diamonds for high-tech Advanced Materials applications.

Todd Reed is an American fine jewelry designer best known for his use of rough diamonds. Reed's designs are hand-fabricated in Boulder, Colorado using recycled metals.

<span class="mw-page-title-main">Vladyslav Yavorskyy</span>

Vladyslav Yavorskyy is a gemstone dealer and jeweler based in Bali, Indonesia, United States. He is best known as one of the world's largest dealers and authorities on spinel. He is also the author of at least six gemstone-related books, one of which was named as one of the Best Books for Gem Lovers by JCK magazine in 2016.

<span class="mw-page-title-main">Pink diamond</span> Type of diamond that has pink color

Pink diamond is a type of diamond that has pink color. The source of their pink color is greatly debated in the gemological world but it is most commonly attributed to plastic deformation that these diamonds undergo during their formation.

Diamond Foundry is a producer of lab grown diamonds in San Francisco, California, USA. Diamond Foundry claims that its lab-grown diamonds are of similar quality to natural diamonds and are more environmentally sustainable, as they do not require the extraction and processing of diamonds from the earth.

<span class="mw-page-title-main">Gemological Science International</span> Independent gemological organization

Gemological Science International, or GSI, is an independent gemological organization that is one of the largest gemological entities in the world, with offices in four continents.

<span class="mw-page-title-main">Moritz Glik</span> Jewelry designer

Moritz Glik is a Brazilian naturalized American jewelry designer known as the creator of the Kaleidoscope Shakers™.

Gabriel & Co. is an American jewelry design house headquartered in New York City, USA. It was founded in 1989. Their offerings include a diverse range of bridal and fine jewelry, notably bracelets, earrings, necklaces, and rings crafted primarily in white, yellow, and rose gold.

References

  1. Danziger, Pamela (2 September 2017). "Diamonds Disrupted: How Man-Made Diamonds Will Disrupt The Mined-Diamond Industry". Forbes.
  2. Bhattarai, Abha (21 July 2017). "How 'seeds' and super-hot gas could take down the $80 billion diamond industry". The Washington Post.
  3. Sanderson, Henry (31 October 2017). "Spot the difference: why DIY diamonds pose a threat to big miners". The Financial Times.
  4. Graff, Michelle (20 June 2017). "The Monster Looking to Disrupt Man-Made Diamond Marketing". National Jeweler.
  5. "The ice farmer: a techno-whiz who grows gem-quality diamonds". Crains New York. 3 May 2018.
  6. "Marcus discovers the world of synthetic diamonds". CNBC. 4 December 2020.
  7. "Lovemonster Launch by ALTR Created Diamonds". South Florida Insider. 6 June 2017.
  8. "Disruption By Demand: ALTR Created Diamonds Founder And CEO Amish Shah". Entrepreneur. 3 February 2020.
  9. "How technology is disrupting the diamond industry". Digital Journal. 20 June 2020.
  10. "ALTR Created Diamonds expands to cover 20 countries". Retail Jeweller. 13 April 2018.
  11. "4-Carat Lab-Grown Pink Diamond Unveiled". INSTORE Magazine. 4 May 2018.
  12. "Laboratory-Created Diamond and/or Gemstone Jewelry". INSTORE Magazine. 18 May 2020.