Cultured ShockIn May, the Gemological Institute of America’s New York City lab identified a near-colorless 1.05 ct. CVD-grown diamond, the largest ever submitted to GIA. The pear-shaped gem received a G color and I1 clarity grade.   “Clearly, CVD synthetic diamonds of better quality and size are being produced as the growth techniques continue to improve,” GIA wrote in an e-brief.While this stoked fears that a new entity was producing man-made diamonds and not disclosing them as Federal Trade Commission guidelines require, Apollo Cultured Diamonds—the only company known to produce colorless synthetics—claimed the stone.“The diamond was submitted anonymously and without attribution to the GIA by a party that is currently exploring a strategic transaction with Apollo Diamond Gemstone Corporation,” said Apollo CEO Bryant Linares in a statement. “As part of its due

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