I am looking for a supplier of loose diamonds at low prices, and I was wondering what you think of the sellers on ebay who sell natural diamonds for very cheap. They sell 1 ct white diamonds, granted not as flawless as GIA certified diamonds, for just a few hundred dollars. I bought a .4 carat yellow diamond, slightly included, for $30. The seller was from Thailand and has 100% feedback. Indeed, most of the sellers are from Thailand or India, they have close to 100% feedback, and there have been no reports of these being fakes. What do you guys think about the likelihood of them being fakes? And assuming they are real, how do they get them so cheap?
The only way I can think of is that they source massive rough diamond crystals - possibly conflict diamonds - and cut and shape them in Thailand itself.
Any input would be greatly appreciated,