Lab-grown diamonds are man-made stones that have the same chemical and physical properties as natural ones. They can be cut and shaped just like mined diamonds, and are available in many different sizes, shapes, and colors.
Lab-grown diamonds are graded according to four key factors – color, clarity, carat, and shape – just like naturally mined diamonds igi vs gia lab grown. They are often available at a lower price point than natural diamonds.
1. They are more affordable
Many people are tempted by lab-grown diamonds because they are significantly cheaper than natural diamonds. They also come in a wider range of sizes and shapes than mined diamonds, allowing you to get the size you want at the price you can afford.
The main reason why natural diamonds are more expensive than lab-grown diamonds is because of the cost of mining them. The mining process is costly and the amount of diamonds that are mined each year is a lot less than it was.
This means that you could end up paying up to 50% more for a mined diamond than you would for one that is lab-grown. This is a major concern for many consumers because they don’t feel it is worth the money.
2. They are more environmentally friendly
Lab grown diamonds are more environmentally friendly than natural diamonds because they use less energy to produce them. In fact, they release far less carbon into the atmosphere than mined diamonds do.
In addition, lab diamonds can be produced using renewable energy such as solar or wind power. Some companies even offer eco-friendly options like those created with recycled or sustainable materials, such as aluminum and wood.
However, despite their green marketing claims, many lab diamond producers still use fossil fuels and don’t run their operations in a sustainable or environmentally friendly way. That’s why it’s important to ask manufacturers for proof of sustainability before buying their products.
3. They are more durable
Unlike fake diamonds, lab grown diamonds are durable and are not likely to chip. They also have more sparkle than their glass counterparts and come in a wide variety of sizes, colors, and shapes.
Natural diamonds are formed when pure carbon is crystallized in an isometric cubic form beneath the earth’s surface. The high pressure and temperature under the earth’s surface over billions of years create these gems.
Laboratory-grown diamonds are created in laboratories using one of two methods – Chemical Vapor Deposition (CVD) or High Pressure, High Temperature (HPHT). Both of these technologies produce gem-quality diamonds that have the same properties as natural diamonds.
4. They are more versatile
When it comes to purchasing a diamond, there are many things to consider. For one, it’s important to choose a high-quality gemstone that is both beautiful and durable.
If you’re looking for a diamond that can be used in any jewelry setting, lab grown diamonds are a great choice. They can be cut, polished and shaped to create stunning designs and are available in a variety of sizes, shapes and colors.
Another advantage of lab diamonds is that they are safer than natural mined ones. They’re also much cheaper, making them a good choice for consumers who want to buy diamonds but are on a budget.
5. They are more eco-friendly
Lab grown diamonds are more eco-friendly than natural mined diamonds because they do not consume as much water, electricity or carbon dioxide. They also do not displace hundreds of tons of soil like mining diamonds.
The process for creating lab diamonds involves converting carbon into diamond crystals under high pressure and heat. This is much more energy efficient than drilling the earth or using dynamite to mine diamonds.
6. They are more affordable
Lab grown diamonds are more affordable than natural diamonds because they do not involve mining. They also have a shorter supply chain and touch fewer hands along the way gia vs igi, making them 20-40% less expensive than mined diamonds.
They are chemically identical to natural diamonds and are graded to the same standards as naturally mined diamonds by leading independent gemological institutes such as GIA.
Conclusion
While they are more affordable than natural diamonds, they are not as valuable over time and lose value quickly. Because of this, they are more difficult to resell if you decide to sell your engagement ring or wedding band.