Lab-Grown Diamonds Cost Up To 40% Less Than Earth-Mined Diamonds

The whole and sole reason behind investing in lab-grown diamonds is that they are eco-friendly and absolutely authentic. We, as humans, want to invest in something that is surreal, natural, and has its own demand. At such times, real earth-mined diamonds come into the picture. But as we take a look at the bigger picture, earth-mined diamonds are much more costly than lab-created ones.

Lab-created diamonds are man-made diamonds that have the qualities of mined diamonds. They are made using the high-pressure high-temperature method where diamonds are heated up to a certain level but at the same time, utmost care is taken that the diamond does not lose its natural shine and authenticity. These diamonds consist of a carbon atom and have the same chemical and visual characteristics as a mined diamond.

Lab grown diamonds cost up to 40% less than a similar mined diamond. The prices of lab-grown diamonds also fluctuate with time. They can be as low as 1.08 carat for $1,960 or as high as 4.03 carat for $95,890. There are some important factors that affect the prices of lab-grown diamonds.

Shape:

As unique as the shape is, it will cost you more. Round brilliant diamond is one of them, followed by Oval cuts, Asscher cuts, and more.

Clarity:

If clarity is something that you seek, you might end up putting in a lot of money than you originally planned. If there are minor, noticeable blemishes on the diamond, that will cost you a little less than usual.

Certification:

It does not increase or decrease the value of a diamond but it verifies what you are paying for. Having a certificate is very vital. We recommend an IGI certificate for especially lab-created diamonds. It offers the most reliable and durable experience with diamonds.

These were some pointers about why there is a huge price gap between mined and lab-grown diamonds. We hope that reading this will give you an overview of buying a lab-grown diamond.