Consider a lab-grown diamond for your engagement ring if you want an inexpensive, conflict-free, and eco-friendly diamond. They are as durable and beautiful as natural diamonds, but they are 10-30% less expensive. Many millennials now prefer lab-grown diamonds over natural diamonds for their engagement rings because they are physically, chemically, and optically similar to natural diamonds and are cost-efficient.
What Exactly Are Lab-Grown Diamonds?
Unlike natural diamonds, which are mined, lab-grown diamonds are made by humans. Unlike diamond simulants such as cubic zirconia or moissanite, lab-grown diamonds are genuine diamonds. They are stunning gem-quality stones with the same chemical makeup and structure as genuine diamonds.
Natural diamonds can be replaced by lab-grown diamonds. They are assured to be conflict-free and eco-friendly because they are created in a lab rather than mined from the earth. Lab-grown diamonds, on the other hand, aren’t the sole conflict-free option. The Kimberley Process, which strives to keep conflict diamonds out of the market, was used to mine the majority of diamonds on the market today.
Buying Lab-Grown Diamonds
Purchasing a lab-grown diamond on the internet is quite similar to purchasing a natural diamond. Before you acquire a diamond, always check its qualities. Online dealers with a good reputation will have thorough information about the cut, color, clarity, and dimensions of the diamond.
The quality and appearance of lab-grown diamonds are identical to mined diamonds, but they cost 10 to 50 % less. A lab-grown diamond’s price is determined by its qualities, just like a real diamond. Greater cut, color, and clarity ratings in lab-grown diamonds will fetch higher prices.
The price of a lab-grown diamond does not rise massively with carat size, unlike natural diamonds. A 2-carat round-cut natural diamond costs over $14,000. For nearly half the price, you can get an identical lab-grown diamond. Choose a lab-grown diamond for your engagement ring or a display piece of jewelry if you desire a huge diamond.
Lab-grown diamonds are graded on cut and carat in the same way as genuine diamonds are. When it comes to cutting, however, lab-grown diamonds have an interesting benefit. The surplus material cut from a completed diamond gem is discarded, reducing the carat size of the diamond. To retain a diamond’s size, some diamond cutters would sacrifice cut quality, resulting in a Good or Very Good cut rather than an Ideal or Excellent cut.
If the diamond is huge or close to the sought 1 or 1.5-carat weight, this is more likely. Because huge diamonds are scarce, the cost of natural diamonds rises exponentially with carat size.