The Many Reasons Why Lab-Grown Diamonds Are Worth The Money | Thales Learning & Development (2023)

The rising popularity of lab-grown diamonds has led many to wonder if these stones are worth the money. After all, they are created in a lab and not mined from the earth. So, what makes them so special? The truth is, lab-grown diamonds are every bit as beautiful and valuable as natural diamonds. In fact, many experts believe they are actually superior to natural diamonds in several ways. Here’s a closer look at the reasons why lab-grown diamonds are worth the investment. Lab-grown diamonds are chemically identical to natural diamonds. They are made of the same material, with the same physical and chemical properties. The only difference is the way they are created. Natural diamonds are formed over millions of years, deep within the earth, under intense heat and pressure. Lab-grown diamonds are created in a matter of weeks, using cutting-edge technology. This difference in creation process is actually what makes lab-grown diamonds superior to natural diamonds. Because they are not exposed to the same extreme conditions, they are less likely to have impurities or flaws. In fact, many lab-grown diamonds are actually higher quality than natural diamonds. Lab-grown diamonds are also more eco-friendly than natural diamonds. The diamond mining process can be very damaging to the environment. It can cause pollution, habitat destruction, and even conflict. Lab-grown diamonds don’t have any of these negative impacts. So, are lab-grown diamonds worth the money? Absolutely! They are beautiful, high-quality, and eco-friendly. If you’re looking for a diamond that is truly special, lab-grown is the way to go.

A laboratory-grown diamond is a man-made stone that has been created to look and feel like a natural diamond. Because they are made up of carbon atom structures that have the same chemical properties as diamonds, it is nearly impossible to tell whether they are diamond or carbon atom. The price tag is perhaps the only way to determine whether the difference is worth it. Diamonds grown in laboratories are priced in the same way that they are naturally, but you will pay less and lose more. If you decide to sell it at some point in the future, a natural diamond will still be worth around 50% of its original value. Lab-grown diamonds have no resale value, according to the International Diamond Council.

Because laboratory-grown diamonds are produced in small amounts of time, they have a lower price because they only take a fraction of the time that natural diamonds do.

According to science, there is no distinction between laboratory-grown diamonds and diamonds formed in the past. In fact, they are all carbon atoms made of the same material and appear to be the same color to the naked eye as everyone else.

As a result, when compared to natural diamonds, lab-made diamonds have a much larger price gap between them. A 3 carat, H-color natural diamond, VS2 clarity, from James Allen, costs $32,930 on average. On the other hand, this 3.05 carat, H color, lab-grown diamond for $14,750 is of the clarity variety.

(Video) Why are LAB GROWN Diamonds expensive? Should Synthetic Diamonds cost so much? - Real Answers(2020)

A round-cut, two-carat natural diamond costs around $14,000. If you can find a similar diamond in a lab, you can expect to pay about half the cost. A laboratory-grown diamond would be ideal for an engagement ring or a statement piece of jewelry.

Do Lab Grown Diamonds Hold Value?

The resale value of lab-created diamonds is very low. As a result, if you purchase a lab-created diamond, you will not be able to reap the full value of your purchase. When you purchase a lab-created diamond from James Allen, you will have a very nice stone; however, no jewelry store will ever buy it back.

The resale market is broad in scope, even for lab-grown diamonds. Lab-created diamonds, like mined diamonds, sell for a small percentage of the original price when compared to their mined counterparts. The higher the value of a diamond, the more money you will receive for it if it is in good condition and in good quality. If you’re wearing the right piece, with the right cut, resilience, color, and size, you’re likely to recoup some of your money. People believe lab diamonds are worthless. If your item is properly cared for, certified, quality inspected, and unique, it will most likely still be worth its weight in gold.

Lab-grown diamonds are not to be confused with luxury diamonds. It makes no difference how valuable they are and how many of them they are, but luxury consumers will continue to seek out the rarity and mystery of natural diamonds. The story of the diamond has its origins in beauty, history, and tradition. A natural diamond’s journey from Earth to your ring is a beautiful story about a diamond’s journey.

Do Lab Grown Diamonds Have Less Value?

The Many Reasons Why Lab-Grown Diamonds Are Worth The Money | Thales Learning & Development (2)
(Video) Laboratory-Grown Diamonds: Updates and Identification | GIA Knowledge Sessions Webinar Series

Lab Created Diamonds are not worthless to traditional jewelers; there is no such thing as a zero value diamond. The resale value of Earth-Mined Diamonds is similar to that of Lab-Contained Diamonds, and the value of Lab-Contained Diamonds is comparable.

I’d suggest asking yourself whether a lab-created diamond or a natural diamond is the best choice for you. Natural diamonds, like lab diamonds, look and feel alike. Natural diamonds, unlike synthetic diamonds, do not contain any nitrogen, which is a tiny chemical difference between the two. The only thing that matters most in terms of the appearance of a diamond is that it is made or natural. The best way to distinguish between the two is to look at the diamond’s certification. With magnification, a professional will be able to distinguish between the inclusions of lab-grown diamonds and those of mined diamonds. Natural diamonds’ resale value is higher than synthetic diamonds’.

While natural diamonds typically retain 50% of their initial value, lab-created diamonds are nearly impossible to resell for less than one dollar. Many people may be concerned about the environmental and humanitarian consequences of natural diamond mining. When it comes to color, texture, and hardness, lab diamonds and natural diamonds are always the same. The reduction in the quality of a lab-created diamond to a moissanite or cubic zirconia is noticeable. Simulating diamonds are not as brilliant or as bright as real diamonds. Some people believe lab diamonds are fake, but this is not the case. When lab-created diamonds are compared to real diamonds, they are also as brilliant, sparkling, and shine as genuine diamonds.

Diamonds in the laboratory have a lower long-term value than natural diamonds. A 1 carat lab diamond, depending on its grade, can cost anywhere from $1,000 to $2,000. Buyers are easily irritated and disappointed when lab diamonds are in short supply and their resale values are low. It is more difficult to find a well-cut lab-grown diamond than it is to find an eye-clean stone. Before making any jewelry purchases, consult with industry experts to obtain personal recommendations. Here are some diamond purchase questions to ask.

As the synthetic stone lab diamonds and cubic zirconia have recently gained attention, some jewelers have questioned their authenticity. Despite the fact that the synthetics are still in their early stages, it appears that diamond testing will be successful. As a result, these stones have the same properties as natural diamonds in terms of both physical and chemical properties. It is critical that these stones are durable because they have the same thermal conductivity. Both types of stones have been tested and are clear. As a result, they have the same qualities as diamonds, which is why some jewelers are beginning to accept them.

The Truth About Lab Grown Diamonds

Natural diamonds are worth significantly more than lab-grown diamonds, and the latter could be less than half the price of mined diamonds. The market for lab-created diamonds is smaller than the market for natural diamonds. Furthermore, due to the scarcity of lab-created diamonds, there are few sellers, so there is little bargaining power. Many people do not believe in lab-created diamonds, despite the fact that lab diamonds are of higher quality than natural diamonds. The reason for this is that they have never seen a diamond in person created in a laboratory.

(Video) Lab Created Diamonds - How to Buy Your Engagement Ring

Can You Sell Lab Grown Diamonds As Real Diamonds?

Can you sell a laboratory created diamond? It is possible to resell a lab-grown diamond. Through the Ada Diamonds Public Purchase Program, the public can purchase high-quality, independently graded lab diamonds.

The Public Purchase Program allows Ada Diamonds to purchase independently graded, high-quality lab diamonds directly from the general public. The traditional diamond industry tells the public that there is no resale market for lab-grown diamonds. The resale value of lab-grown diamonds is comparable to that of an original sale price. There is a common misconception that lab diamonds are plentiful and are flooding the market. The lab diamond market is small in size, accounting for a small percentage of the overall market. If you no longer desire or need the lab diamond, it is almost certain that Ada Diamonds will buy it for you. In addition to our Lifetime Trade-In guarantee, all lab diamonds purchased through Ada Diamonds are guaranteed to be 100% worth.

If you bought a lab diamond, you will receive the full value of its purchase back. Certain exclusions may apply. More information can be found in our full terms of service.

How Much Does A 1 Carat Lab Diamond Cost?

On average, the price of a one-carat diamond created in a lab ranges between $800 and $1,000.

A 1-carat lab diamond will cost anywhere from $400 to $4000, depending on the 4 Cs of the stone. This reference diamond is a round brilliant-cut, lab-grown diamond with the following grades. Our Guide to Buying a Lab-Grown Diamond is a must-read for anyone who wants to begin the process. The cost of lab-grown diamonds is at least 30-40% lower than that of mined diamonds. Furthermore, they have a higher social impact on society and a better environmental impact. At Brilliant Earth, we sell lab-grown diamonds that are both environmentally friendly and sustainable. Vrai is also an option, but we believe that Brilliant Earth is the best place to find diamonds that are responsibly mined.

Natural diamonds are the most popular type of diamond and are frequently the least expensive. A carat of one of these diamonds can cost anywhere between $10,000 and $17,000. However, lab-grown diamonds are more expensive, ranging from $3,500 to $5,000 per carat.

(Video) Saleem Ali discusses the environmental impact of lab-grown versus mined diamonds

Why Do Lab-grown Diamonds Have No Resale Value

Lab-grown diamonds have no resale value because they are not considered to be “real” diamonds. They are created in a laboratory, not found in nature. Because of this, they are not as valuable as natural diamonds.

It is not a good idea to buy a lab-grown diamond with the intention of selling it at a later date. There are other ways to invest your money that may be more profitable for you. If you have a down payment on a house, you may be better off purchasing a diamond rather than a house. In the United States, personal debt amounts to approximately $38,000 on average. A down payment, unlike reselling a diamond ring, can help you save money. Experts agree that debt payment is, in fact, an investment, particularly when compared to jewelry.

The Disadvantages Of Lab-grown Diamonds

Lab-grown diamonds can have some disadvantages that make their resale value less appealing. Because the market for lab-created diamonds is small or nonexistent, the price of diamonds created in the lab is not the same as the price of diamonds mined from rock. Retailers who sell lab-created diamonds have a reputation for not accepting lab-created stones.
Despite these disadvantages, lab-grown diamonds can be resold in the same way that mined diamonds can be. Rapaport’s method of calculating a diamond’s wholesale and retail prices is used.

Are Lab Grown Diamonds Real

Yes, lab grown diamonds are real diamonds. They are physically and chemically identical to diamonds that are mined from the earth. The only difference is that lab grown diamonds are created in a laboratory instead of underground.

A laboratory-created diamond is frequently less expensive than a mined diamond. It costs the same to cut, polish, and inspect lab-created diamonds as it does to mine diamonds. It takes significantly less energy to grow a diamond in a laboratory than it does to dig it out of the ground.

Disadvantages Of Lab-grown Diamonds

Some experts believe that lab-grown diamonds will not have a long-term resale value due to the sector’s expansion and outsize supply. Some people find these items lacking in emotion, because they are not created by nature but by technology.

(Video) Lab-Grown v Natural Diamonds Explained

An “in-the-wild” diamond is one that has been cultured or grown in a laboratory. A “grown” diamond is one that has been made up of synthetic diamonds, man-made diamonds, engineered diamonds, or cultured diamonds. The arrival of these diamonds has sparked debate, particularly because they are nearly identical to mined diamonds. Diamond grown in labs exhibits the same physical, chemical, and optical properties as diamonds mined in mines. Industry experts cannot tell the difference without special equipment. Gage Diamonds is Chicago’s premier jewelry showroom and online retailer of fine and engagement jewelry, as well as bridal and wedding bands. Diamond-grown diamonds are created to look like diamonds, but they are made from materials such as cubic zirconia or moissanite. The atomic composition of diamonds grown in labs is the same as that of diamonds grown in natural mines.

Lab Grown Diamonds: A Viable And Less Expensive Option

Because the price of natural diamonds continues to rise, many people are looking to lab grown diamonds as a viable alternative. It is just as undeniable that lab grown diamonds, like mined diamonds, have the same chemical and physical properties. These vehicles, on the other hand, are estimated to be 30% less expensive. There is also the belief that lab grown diamonds do not have as much value as they should, and that they can be sold for a percentage of the original purchase price. Despite the fact that lab-grown diamonds have flaws, they are still diamonds. They can be inspected using traditional tools of the diamond industry, just as mined diamonds are. They are not only as beautiful as traditional diamonds, but they are also extremely durable. A lab-grown diamond, as opposed to a mined diamond, is an excellent choice if you want a less expensive and more chemical-like stone.

FAQs

Why lab-grown diamonds are better? ›

Today, lab diamonds are 40-50% less expensive than mined diamonds of comparable quality. This is for two reasons: the supply chain for lab-grown diamonds is much more efficient and the profits of De Beers and the other diamond mining companies are quite large.

Is lab created diamond worth it? ›

Are Lab-Created Diamonds Worth Anything? Lab-created diamonds are less valuable than natural diamonds. But, unless you're dropping some serious cash on a large, high-color white diamond — or a rare fancy colored diamond, like a blue diamond — a natural diamond isn't going to appreciate much in value.

Why is a lab diamond a poor investment? ›

They have NO resale value.

Unlike natural diamonds which holds value over time, laboratory-grown diamonds are industrial products that are factory produced in matters of weeks. Since they are not rare and easily mass produced, there is NO secondary market for them.

Are lab diamonds as good as real diamonds? ›

Oh yes. Lab Grown Diamonds are just as real as diamonds that are mined from the earth. They have shape, size, color and clarity grades, just like Natural Diamonds. Both Natural and Lab Grown Diamonds have the same physical and chemical properties and both come with diamond certifications.

Which is better natural diamond or lab grown diamond? ›

Natural diamonds have more prestige

Scientifically speaking, there's no difference between lab-grown diamonds versus real diamonds that have formed over billions of years. They're made of the same carbon atoms, and look identical to the naked eye of laymen and professionals alike.

Do lab diamonds pass diamond tester? ›

Will Lab Diamonds Pass A Diamond Tester? Yes, lab diamonds have the same carbon composition as natural diamonds. Therefore, they have the same thermal conductivity. The test results are positive when exposed to the diamond tester, since the diamonds have the same physical and chemical properties as natural diamonds.

Do lab diamonds get cloudy? ›

This is not true for lab grown diamonds. A lab diamond sold by Ada Diamonds will never get cloudy, fade in brilliance, or change color. In fact, we offer a lifetime warranty on our lab diamonds. Our lab diamonds have the same physical properties of a mined diamond.

What are the cons of a lab grown diamond? ›

Lab-grown diamond cons:
  • Investment value yet to be proven (some experts predict they will have little to no resale value as the sector grows and supply outstrips demand)
  • They are a product of technology, not nature, which for some people lacks emotional punch.
8 Jan 2022

Do lab diamonds last forever? ›

The Lab Created Diamond is a heirloom-quality diamond stimulant. This means that—just like a mined diamond—a Lab Created Diamond will last a lifetime and beyond as long as they are cared for properly.

Can you tell the difference with lab grown? ›

To the naked eye, there are no differences between lab grown diamonds and natural diamonds. Diamonds grown in a lab have the same physical and chemical properties and exhibit the same optical properties as those found in the earth.

Are lab diamonds going down in price? ›

While the market has been changing over the last several years, the trend in lab diamond prices is going down compared to mined diamond prices. You can expect to pay between 50 to 80% of the price of a natural diamond, depending on the size and quality of the stone.

Do lab created diamonds turn yellow? ›

Lab-grown diamonds yellowish and bluish tint

Well, it's because these diamonds contain nitrogen. It can happen both in natural and lab-grown diamonds.

Does Tiffany have lab grown diamonds? ›

“Our position is lab-grown diamonds are not a luxury material. We don't see a role for them in a luxury brand. They have their use and they have their place, but I think luxury consumers will continue to desire the rarity and amazing story of natural diamonds.”

How can you tell if a lab diamond is real? ›

Lab grown diamonds are chemically the same as mined diamonds, and one of the only ways to tell the difference is for a gemologist to look under a magnifier for a laser inscription on the girdle of the diamond and determine the origin. Wilhite said Metal Mark does not sell any man-made diamonds.

What are lab diamonds called? ›

Lab-created Moissanite is engineered to look similar to diamonds, but is physically quite different from a true diamond. Cubic Zirconia (also known as CZ) was first created in 1976 in a lab for its low cost, reasonable durability/wear ability, and some scintillation in it's sparkle.

Are lab grown diamonds the same as cubic zirconia? ›

While lab grown diamonds are considered to be real diamonds, simulant diamonds like cubic zirconia are not. This is because lab grown diamonds share the same physical and chemical properties as their mined counterparts, while cubic zirconia stones have a completely different mineral structure all together.

What is the difference between lab grown and lab created diamonds? ›

Lab diamonds aren't real diamonds

Same goes for lab grown diamonds. They're au naturale, just made in a different way (by machines instead of mother Earth). Lab created diamonds are atomically, physically, and optically identical to natural diamonds.

Do lab Created Sapphires pass diamond tester? ›

Yes! Lab diamonds will pass a diamond tester and test as real diamonds. They have the exact same properties as natural diamonds.

What color lab diamond is best? ›

Colorless (Grades D, E and F)

The highest color grade available. A “D” grade color lab diamond is completely colorless. The diamond will not show signs of any color–even under magnification. Almost as perfect as grade D diamonds, Grade E and F diamonds look colorless to the naked eye.

Do lab diamonds turn green? ›

This assertion of diamond changing in color is typically not true for a lab-grown diamond because every lab-grown diamond has the same physical properties just as a mined diamond. It neither changes in physical nor visual appearance.

Do jewelers sell lab diamonds? ›

Yes! A manufactured diamond is as real as one that's mined from the earth and has the same chemical and physical properties as a natural diamond. “Lab-grown diamond technology has gotten so good that most jewelers can't tell the difference between a lab-grown and mined diamond using the naked eye,” says Rosen.

Is a lab grown diamond a cubic zirconia? ›

They may look a lot alike and be produced in a very similar manner but lab created diamonds and cubic zirconia stones are not the same. While lab grown diamonds are considered to be real diamonds, simulant diamonds like cubic zirconia are not.

How much cheaper is a lab grown diamond? ›

Lab-Grown vs. Mined Diamonds. In a general comparison, lab-grown diamonds can typically cost 50-70% less than natural, mined diamonds. This percentage difference is based on a few factors.

Does Tiffany sell lab created diamonds? ›

“Our position is lab-grown diamonds are not a luxury material. We don't see a role for them in a luxury brand. They have their use and they have their place, but I think luxury consumers will continue to desire the rarity and amazing story of natural diamonds.”

What is another name for lab grown diamonds? ›

A “Lab Diamond,” also known as a “Synthetic Diamond,” or “Man-Made Diamond” is a diamond gemstone that was made in a laboratory instead of the Earth's crust.

Do Lab diamonds have certificates? ›

Every diamond, whether it is natural or lab grown, is provided with a certification by leading diamond grading laboratories like IGI, GIA, AGS and EGL. These certifications are documents that possess details about the diamond's characteristics.

Can you insure a lab grown diamond? ›

Yes! Just like a mined diamond, laboratory grown diamonds can be insured. In fact, by choosing a lab-grown diamond, you'll not only save money on the diamond itself, but you'll also save money on the annual premium of the insurance policy due to the lower overall cost of the insurable piece.

How can you tell if a lab diamond is real? ›

Lab grown diamonds are chemically the same as mined diamonds, and one of the only ways to tell the difference is for a gemologist to look under a magnifier for a laser inscription on the girdle of the diamond and determine the origin. Wilhite said Metal Mark does not sell any man-made diamonds.

Will diamond prices go down in 2022? ›

In the wholesale market, diamonds are priced per unit of weight, referred to as "per carat." Updated Thursday, September 1, 2022, diamond prices moved LOWER by an average of 1.3% in August 2022.
...
227.0 1.3.
Weight RangeAvg. Price/Carat
5.00 ct. or more$29,566
7 more rows
1 Sept 2022

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