If you’re looking for the perfect diamond ring to propose with, a lab created diamond might be your option. Lab grown diamonds are created by machines in controlled laboratories. They are not natural diamonds, but they look exactly like them. These two types of diamonds differ because natural diamonds come from deep inside the earth, whereas man-made diamonds are grown in factories from above-ground materials like graphite.
Lab created or synthetic diamonds can be formed under extremely high temperatures by forcing carbon atoms together until they bond into a diamond crystal structure which is then cut and polished into gemstones or jewelry items such as engagement rings, necklaces, and earrings.
Overview of Lab Created Diamonds
They’re affordable, can also last as long as natural diamonds, and are considered to be of the same quality. Lab created diamonds contain no impurities or toxins and are typically made in a clean room environment, so they can offer an affordable alternative to mined diamonds if you’re looking for a more budget-friendly option.
Value of a Lab Grown Diamond
Diamonds have been the go-to jewel for engagement rings forever because they’re so rare and beautiful. An important part of the value of a lab grown diamond is that they are the future of the diamond industry. Though they may be produced in a lab, they are chemically and physically identical to natural diamonds. They don’t contribute to conflict or environmental destruction. And as the world becomes more conscious of the importance of sustainability, lab grown diamonds are an ethical and responsible choice. So, if you’re looking for a beautiful, affordable, and ethically sourced diamond, a lab grown diamond is a perfect option.
In fact, the technology for creating these types of diamonds is constantly getting better, and these types of diamonds are getting more popular because they don’t fluctuate in value and have virtually the same properties as natural diamonds. The best lab created diamonds are optically clear, hard enough for everyday wear, and sparkly enough for an engagement ring.
Short History of Lab Grown Diamonds
Lab grown diamonds are a fairly new concept, but they’ve been around for quite some time. In the mid-1800s, James Ballantyne Hannay invented the concept of growing diamonds in the lab after seeing how many diamond deposits were being wasted by miners who would often find them embedded deep underground and not worth extracting.
In 1953, Swedish company ASEA announced that they had developed the technology for lab grown diamonds, but this was kept a secret until 1971 when GE revealed its technology publicly. Since then, scientists have continued to improve upon methods of producing these gems through various chemical processes, and they’re now considered real competition for mined diamonds in terms of quality and affordability.
Lab Created Diamonds Vs. Natural Diamonds
The two main differences between lab created diamonds and natural diamonds are price and quality.
Lab created diamonds are just as real and valuable as natural ones, but they have a few key differences.
- Lab created diamonds will never increase in value. Natural diamonds are sold multiple times, so they might be worth more than their purchase price once you sell them.
- The price of lab created diamonds is often lower than the price of natural diamonds. If you’re looking for an engagement ring, don’t hesitate to choose an affordable one.
- Natural diamonds come from deep within the earth, whereas lab created diamonds are made in a laboratory. You may want to consider this before making your decision about which type of diamond to get for your future partner or wife/husband!
Though jewelry companies use the majority of lab created diamonds to sell at lower prices than mined stones, there’s no reason you can’t choose one for yourself or your significant other! If you decide on a lab grown diamond engagement ring or another piece of jewelry, make sure it has its certificate of authenticity, so you know exactly what you’re getting for your sweetheart.
Are Lab Grown Diamonds Worth It?
Lab created diamonds are an excellent option for an engagement ring because they’re cheaper than natural ones and look virtually the same. Natural diamonds are often too expensive for most people, but lab grown synthetic stones cost much less, so it is only natural that many jewelry shops are adoptin lab grown diamonds.
Celebrities have always been trendsetters, and when it comes to fashion, they are often the first to embrace new styles. So it should come as no surprise that some of Hollywood’s biggest stars have been spotted wearing lab grown diamonds. Rihanna, Lady Gaga, Zendaya, Emma Watson, Meghan Markle, Jennifer Hudson, Regina King, Jennifer Lopez, Kate Mara, and more have all been seen sporting these chic and sustainable gems.
A 1-carat lab diamond will cost less than a similar size natural diamond, making it perfect for an engagement ring that will not break the bank.
Lab diamonds are graded based on their quality, which determines how much they sell for: poorer quality stones are cheaper while higher grade stones will be more expensive.
Should You Get a Lab Grown Diamond Engagement Ring?
There is no right or wrong decision when deciding between a natural diamond or a lab grown diamond, as it comes down to personal preference. Mined diamonds are all about their history—they’ve been around for millions of years, and they’re made of all kinds of different elements (including carbon, nitrogen, hydrogen, and oxygen). They’re also incredibly rare. According to De Beers Group, only 20-30% of all diamonds that are mined are suitable for jewelry use.
Lab created diamonds are less expensive than mined ones because they don’t have to travel through an entire supply chain. There is almost no difference between the two in terms of quality, durability, and beauty. The only difference is that lab grown diamonds are created in a laboratory instead of mined from the ground.
Keep in mind that with lab diamonds being considered a novelty item at this time, they cost about $1,000 per carat and can vary greatly in color and clarity depending on the brand you select. Many online retailers offer this type of product at competitive prices, making it easier than ever for consumers seeking alternative options for their special occasion season needs!
Pros of Buying a Lab Grown Diamond
- Lab grown diamonds are about 50% cheaper than natural diamonds.
- Many people believe that buying a lab grown diamond is more ethical than buying a natural diamond, even though this isn’t necessarily true.
- Lab grown diamonds can be an affordable option.
- If you’re looking to buy something larger than normal but want to keep your budget down, consider getting a lab grown diamond instead of an expensive natural one.
The future of lab grown diamonds
The scientific community has been working on developing lab grown diamonds for over half a century now and the process has continued to become more refined and perfected. Thanks to advances in technology, lab grown diamonds are now so close to indistinguishable from their natural counterparts that even trained experts cannot tell them apart.
Perhaps the most compelling reason to choose a lab grown diamond is the fact that they are ethically sourced. So when you purchase a lab grown diamond, you can do so with peace of mind knowing that your purchase isn’t supporting any negative practices. As awareness of lab grown diamonds continues to grow more and more people are likely to choose lab grown diamonds over mined ones for financial and ethical reasons.
And as science continues to advance, even more refinements will likely be made to the process of creating these man-made gems, making them an increasingly attractive option for consumers looking for an engagement ring or other piece of jewelry.
Conclusion
We hope this article has helped you to understand the difference between lab grown and natural diamonds when shopping for an engagement ring, as well as their advantages and disadvantages. If you’re still unsure whether lab created diamonds are right for you, then we encourage you to do more research.
In the end, it really comes down to personal preference. If you’re looking for an engagement ring that’s cheaper than a natural diamond but still has similar properties, then a lab grown diamond might be the way to go. Just keep in mind that lab grown diamonds aren’t as valuable as natural diamonds, and their value may not increase over time.
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