Retailers of jewelry may initially hesitate to offer lab diamonds NZ alongside Earth-Mined stones because they fear foregoing sales; however, due to the increasing popularity of lab diamonds they must revaluate their strategy and consider offering both products.
Though natural diamonds may seem like the better investment choice, their exact resale value cannot be accurately determined. Here are several reasons why lab diamonds might be superior:
1. They’re cheaper
A lab grown diamonds Melbourne are more cost-effective than their earth-mined counterparts and that is one of the reasons they have become such popular choices for engagement rings.
Lab grown diamonds can save consumers significant money – especially young couples and anyone on a tight budget. This can make a major difference.
Lab diamonds differ from their cheaper “diamond” alternatives in that they’re made entirely from carbon crystallization – not plastic! A genuine lab diamond not only looks and sparkles like its mined counterpart but is even cheaper!
But is a lab diamond worth the investment? Ultimately, that decision lies with you and your partner. In general, lab-created diamonds don’t command the same resale value as earth mined stones of comparable size and quality; but that doesn’t have to be seen as negative: lab diamonds allow you to enjoy diamond ring for less and then trade up later if your tastes change or finances improve.
2. They’re more durable
Diamonds have an almost indestructible quality thanks to being composed of carbon – one of the hardest minerals on Earth and thus making them so long-lived and beautiful.
Lab diamonds are created from the same material used to mine natural diamonds, ranking 10 on Mohs’ scale of hardness and being just as strong if not stronger than their mined counterparts.
Diamonds are stronger and more durable than other gems such as moissanite or cubic zirconia, even though these stones appear similar. While these appear similar, they’re not considered real diamonds and do not hold equal value as lab created stones.
As well as their durability, lab created diamonds are also more eco-friendly than mined counterparts. Their production requires far less energy compared to mined diamonds, leading to lower carbon footprint and environmental impacts – an advantage which becomes especially crucial as the jewelry industry increasingly recognizes the need to minimize environmental impacts.
3. They’re more environmentally friendly
Lab diamonds differ significantly from natural ones in that they’re produced using renewable energy and emit zero carbon, using significantly less water and electricity than mined diamonds.
Traditional jewellers may be cautious to promote lab grown diamonds as a sustainable solution, yet aren’t completely opposed. Hurwitz believes the increased interest surrounding lab-created diamonds is beneficial for the industry as a whole.
Lab-grown diamonds provide consumers with an exciting opportunity to support environmental initiatives. At WD Lab-Grown Diamonds, these lab-created gems can be produced through CVD (Coolant Vaporous Deposition), an industrial process using microwave power to heat a mixture of hydrogen and methane gas in a chamber equipped with a seed crystal.
While diamonds may seem like aspirational purchases and can be one of the more costly purchases you ever make, they do retain significant resale value; typically reselling at 20%-60% of its original purchase price.
4. They’re more available
Due to not requiring a large mine and infrastructure, lab diamonds are more readily available and more cost-effective than their earth mined counterparts, making them easier to locate and more cost-effective than their earth counterparts.
One reason many opt for lab-grown diamonds over earth-mined alternatives is price. You may often get the same stunning ring at significantly reduced costs!
Although lab grown diamonds may save up to 40% compared to earth mined ones, their resale values will differ due to being purchased more for sentimental value rather than investment purposes.
Lab-made diamonds typically feature a laser inscription on their girdles that can be seen with magnification. While most people won’t notice, trained eyes can discern this indication that marks the diamond as manmade.