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| Products | Lab-grown diamond |
|---|---|
| Owners | Amish 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.
History
Company
ALTR Created Diamonds is a division of the R.A. Riam Group, a wholesale jeweler based in New York City. 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. Riam introduced ALTR Created Diamonds at JCK Las Vegas trade show in 2016.
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.
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.
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.
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.
Patents
ALTR has 49 patents, providing both created diamonds and uniquely created diamond jewelry that shape the experience of a brilliant diamond.
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.
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.
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.
References
- Danziger, Pamela (2 September 2017). "Diamonds Disrupted: How Man-Made Diamonds Will Disrupt The Mined-Diamond Industry". Forbes.
- Bhattarai, Abha (21 July 2017). "How 'seeds' and super-hot gas could take down the $80 billion diamond industry". The Washington Post.
- Sanderson, Henry (31 October 2017). "Spot the difference: why DIY diamonds pose a threat to big miners". The Financial Times.
- Graff, Michelle (20 June 2017). "The Monster Looking to Disrupt Man-Made Diamond Marketing". National Jeweler.
- "The ice farmer: a techno-whiz who grows gem-quality diamonds". Crains New York. 3 May 2018.
- "Marcus discovers the world of synthetic diamonds". CNBC. 4 December 2020.
- "Lovemonster Launch by ALTR Created Diamonds". South Florida Insider. 6 June 2017.
- "Disruption By Demand: ALTR Created Diamonds Founder And CEO Amish Shah". Entrepreneur. 3 February 2020.
- "How technology is disrupting the diamond industry". Digital Journal. 20 June 2020.
- "ALTR Created Diamonds expands to cover 20 countries". Retail Jeweller. 13 April 2018.
- "4-Carat Lab-Grown Pink Diamond Unveiled". INSTORE Magazine. 4 May 2018.
- "Laboratory-Created Diamond and/or Gemstone Jewelry". INSTORE Magazine. 18 May 2020.