Diamonds are considered one of the most precious stones in the world. It is why diamond engagement rings are the preferred choice when proposing to the love of your life. However, when it comes to choosing between mined and lab grown diamonds, many are stuck with which side they belong to.
Lab grown diamonds have been stereotyped by lots of marketers who deal with mined diamonds. Many people would love to get value for their money. Despite the fact that buyers want to stay within their budget, they seem not to have made up their minds to buy a lab grown diamond.
Some of the myths associated with lab grown diamonds include the possibility that they are not real. Some worry about the durability of lab made diamonds and how unique they might be. Just as we’ve stated, all the concerns raised about lab grown diamonds are nothing but myths surrounding them.
Lab grown diamonds would save a buyer thousands of dollars. If you want a beautiful engagement diamond ring for your loved one at a lesser price, then stick with us as we demystify some myths surrounding lab grown diamonds.
What is a Lab grown Diamond?
Lab grown diamonds are grown in a laboratory, usually replicating the natural conditions responsible for creating a mined diamond. Lab grown diamonds are the same in terms of physical and chemical composition as natural diamonds. A jeweler can only differentiate between natural and lab grown diamonds with standard equipment. Otherwise, their properties are comparable.
What Are Some of the Myths About Lab-Grown Diamonds?
Significant concerns have been expressed about diamonds made in the lab. However, we shall be giving a detailed clarification on the various issues below.
- Lab Created Diamonds Are Not Genuine Diamonds
Over the years, some marketers have pushed the dogma that lab grown diamonds are not real diamonds. That fact is invalid, as the International Gem Society has clearly stated that lab grown and natural diamonds are of the same composition.
- Lab Made Diamonds are Not as Durable as the Natural Diamonds
One of the major characteristics of lab grown diamonds is their durability and stability compared to natural diamonds. Diamonds created in the lab are less susceptible to scratches and blemishes than mined diamonds.
- They Do Not Hold Any Certification
Lab diamonds are usually certified just like the natural type. The certificate helps buyers distinguish between natural and lab grown diamonds at the point of purchase.
Advantages of Lab Grown Diamonds
The use of lab grown diamonds has increased over the years. This section itemizes the reasons to buy lab grown diamonds.
- Lower Cost Alternatives
Lab grown diamonds cost less than natural diamonds. In addition, you could get a larger-sized diamond at a cheaper rate. Lab made diamonds are, therefore, the best alternatives to those explored on Earth.
- Environmental Concerns
Some may argue that a lot of energy is expended in the growth of lab grown diamonds, which impacts the environment in the form of carbon emissions. However, mining has a greater impact on the environment, as you would need to excavate large portions of the soil before you could get a natural diamond. The prices of lab grown diamonds are lower because they cost less to produce.
- Cuttings of Your Diamond
This is one of the essential features of a diamond that you should note. This is because it determines its design and value. The cuttings of natural diamonds are usually less regular than those created in the lab. Natural diamonds are not as stable as those made in the laboratory. You tend to observe normal and beautiful cuttings more on a lab grown diamond than on a natural one.
If you are working with a particular price range in mind, you could get a bigger size of man-made diamond than those that are mined. A 2-carat lab grown diamond would cost the same as a 1.5-carat natural diamond.
- Ethics (conflict-free)
If your deciding factor when buying a diamond is ethics, then lab grown diamonds are your best choice. Because one of the issues surrounding diamonds is ethics, some natural diamonds are the products of conflicts in various regions of the world, especially Africa. You may be concerned about the ethics of such a diamond. However, with lab grown diamonds, you are sure of their source, as they are produced in a laboratory devoid of ethical issues.
Lab created diamonds are more sustainable than natural diamonds; mined diamonds are limited in supply. With lab grown diamonds, you are sure of a continuous supply of your beautiful diamonds, as the process takes less than two weeks to finish production. Furthermore, lab grown diamonds are not only sustainable but also much more affordable than mined diamonds.
Our discussion shows that lab grown diamonds have huge advantages over mined ones. If you are on a budget or considering the environmental impacts of diamonds or even the ethical aspects, then the lab grown diamond is an easy pick.
When acquiring engagement rings similar to the natural type, lab grown diamonds should be considered as cheap alternatives. Lab created diamonds are identical in chemical and physical properties and, above all, a more affordable option.
What is the Time Frame for a Diamond Grown in a Lab?
Lab grown diamonds take 2 to 7 weeks to grow in the lab, which is a sharp contrast to the natural ones that take millions of years to form.
Do Lab-Grown Diamonds Retain their Resale Value?
Contrary to popular opinion, lab grown diamonds hold 50–60% of their resale value after purchase. However, purchasing lab grown diamonds for investment is strongly discouraged.
Are Lab-Grown Diamonds Similar to Natural Ones?
Diamonds made in the lab are physically and chemically similar to those mined. It would require special equipment to differentiate them.
What are the Metrics Used for Evaluating Lab-Grown Diamonds?
There are a few things you should think about before buying lab grown diamonds. The yardsticks are called the 4Cs: color, clarity, cut, and carat. In some instances, the fifth C is added, which is the cost.