Right. There's also the fact that cubic zirconia has, like moissanite, a refractive index higher than diamond's. So a lot of poverty-tier CZ costume jewelry is, like moissanite, extremely shiny. That moissanite is basically indistinguishable from CZ -- but highly distinguishable from diamond -- is not a point in its favor.
> In ye olde times, a vibrantly bright colored article is a rarity
I had heard that medieval nobility was very fond of brightly-colored clothes. Blues, reds, yellows, etc. It stands to reason that this was to exhibit their wealth in an immediate and obvious way.