Labgrown diamonds

Should You Buy Lab-Grown Diamonds?

Cost-effective lab-grown diamonds are popular, but their financial value is debatable. Some believe their resale value is lower than genuine diamonds, but others say they are a good investment because they are morally and environmentally responsible and comparable in quality and durability. Individual choices and priorities determine whether lab-grown diamonds are worth investing in.

But don’t worry this article will guide and help you with lab-grown diamonds.

What Are Lab-Grown Diamonds?

Lab-created diamonds are man-made diamonds that are designed to resemble natural diamonds. These diamonds are formed using the same chemical and physical properties as natural diamonds, which are made up of carbon atoms. 

The cost of a lab-grown diamond is usually lower than that of a natural diamond and has dropped by as much as 30% in the past year. This is because lab-grown diamonds have no resale value, so people purchase them less frequently.

How Are These Diamonds Made?

Lab grown diamonds infographic

The steps used to make lab-created diamonds are the same ones used to make real diamonds. It takes a lot of heat and pressure to grow a pure diamond. The way these things work over millions of years turns carbon atoms into diamonds, which are beautiful rocks. Gems made in a lab grow similarly; it only takes a few weeks instead of millions of years. A diamond seed is the first part. It’s a very small piece of diamond. This seed is put in a small room that is closed off and made to look like the shell of the Earth.

It will finally turn into a man-made diamond that is scientifically identical to a real diamond. The seed is covered in pure carbon. Two methods are used to create lab-made diamonds: High Pressure-High Temperature (HPHT) and Chemical Vapor Deposition (CVD). A lot of heat (about 1,500 degrees Celsius, or 2,700 Fahrenheit) and pressure (1.5 million pounds per square inch) are applied to the diamond seed and the carbon atoms that cover it by HPHT. But CVD doesn’t use as much heat or pressure. Instead, a mix of chemical gases is used to break down the stuff and turn it into solid carbon atoms.

Both ways lead to the same thing: a man-made diamond that is made from scratch in a few weeks.

Lab-Created Diamonds vs. Natural Diamonds

ComparisonLab-Created DiamondsNatural Diamonds
RESALE VALUEIt’s cheaper but has no reselling value.More expensive with a selling value of 50% or more
USE IN ENGAGEMENT RINGA little bit desired for engagement ringsA must-have for engagement rings
VARIETYComes in different forms and carat weightsComes in different forms and carat weights
CONSTRUCTIONLab-grown in a matter of weeksBuilt up under the earth’s crust over a very long time
STRUCTUREStructures made up of carbon atomsStructures made up of carbon atoms
RARITYLarge amounts of productionUnique

Lab-made diamonds and natural diamonds are mostly different in how they are made, but they are also different in price, resale value, rarity, and popularity. Here is a comparison between lab-made diamonds and real diamonds:

Even if you’re a trained gemologist, you can’t tell the difference between lab-made diamonds and real diamonds without special tools. A diamond’s grading report is the best way to tell the difference between a real diamond and one that was made in a lab.

Professional gemologists use magnification to look at the types of inclusions in a diamond to figure out whether it was mined or made in a lab. In a natural diamond, the flaws look a little different from those in a lab-made diamond. There are also times when the way a diamond and a man-made gem reflect light is different.

Most of the time, though, you can’t tell the difference between a lab-made diamond and a real diamond.

7 Reasons Not to Buy Lab-Grown Diamonds

We will talk about seven reasons why you might not want to buy a lab-grown diamond in this piece since the market for lab-grown diamonds is growing, so it’s important to think about everything before buying one. But there are also reasons why some people might choose to stick with real diamonds. For example, lab-grown diamonds are cheaper and come from sources that are good for the environment.

Here are the 7 reasons for not buying it:

1. Resale Value

The number one reason why you should not buy lab-grown diamonds is their resale value. While they cost less than natural diamonds, they have a lower resale value and cannot be considered an investment.

2. Market Saturation

As lab-grown diamonds gain popularity, their market is becoming saturated, which may hurt their long-term value. Keep this trend in mind when making investment decisions.

3. Potential Devaluation

The fast progress in technology used to make lab-grown diamonds could cause their value to drop in the future.

4. Ethical Concerns

Lab-grown diamonds are conflict-free, but the process of making them might not be completely moral because they use a lot of energy and could have an effect on the environment.

5. Emotional Value

Rare and formed naturally over billions of years, real diamonds often have more emotional value.

6. Allure of Natural Diamonds

When compared to lab-grown diamonds, natural diamonds are seen as more classy and valuable.

7. Lack of Tradition

Some people may prefer natural diamonds to lab-grown ones because they have a longer past and are more traditional.

What’s the Value of Lab-Made Diamonds?

The cost of lab-created diamonds varies significantly, much like that of genuine diamonds. They can cost as little as $674 for this 1.00 carat or as much as $152,010 for this enormous 20.65 carat from Brilliant Earth.

Here’s a chart showing the difference between Lab-Grown Diamonds and Natural Diamonds:

CaratLab-Grown Diamond PriceNatural Diamond Price
1 ct.$674 – $703$4,042 – $4,346
2 ct.$1,571 – $1,722$16,990 – $18,258
3 ct.$2,050 -$2,303$40,788 – $43,991
4 ct.$2,594 – $3,017$74,137 – $81,917
5 ct.$3,469 – $3,949$109,076 – $122,880

That being said, you shouldn’t completely ignore the value either. Let’s say that after being bought, the normal natural diamond keeps about half of its value. The diamond’s value will go up over time, so if you ever decide to sell it, you should get at least half of what you paid for it.

Of course, a diamond that was found in the ground will lose about half of its value right away, but a diamond that was made in a lab will lose all of its value. On the other hand, a lab-made diamond will cost at least half as much as a real diamond of the same size.

Lab-Grown Diamond FAQs

Having talked extensively about lab-grown diamonds, it’s important to address some common concerns about these man-made stones. Therefore, we have compiled a list of frequently asked questions about lab-made diamonds to help you better understand these gems.

  • Will the worth of lab diamonds stay the same? – After the original purchase, lab diamonds are essentially worthless. Lab-grown diamonds, however, will always be valuable if you define value in terms other than money, such as the diamond’s hardness, quality, and beauty. As they say, lab-created diamonds are everlasting since they are chemically identical to real diamonds.
  • Do most people purchase lab-grown diamonds? – Although lab-grown diamonds are becoming more and more popular, most consumers still favor real diamonds. According to some estimates, lab-created diamonds make up 8–10% of the global diamond market, but that percentage can reach 20%.
  • Is the worth of lab-grown diamonds going down over time? – When it comes to money, lab diamonds lose almost all of their value shortly after being bought. If you decide to sell your lab-created diamond later, you won’t get back much of the money you paid for it. This, along with the fact that lab diamond prices are always going down, means that the diamond you got on sale will likely be much less expensive in a year or two.
  • Do you think lab diamonds are a bad investment? – Diamonds in general don’t make good investments, but lab diamonds are particularly bad in this respect. Lab diamonds lose practically all their value after purchase, but real diamonds keep 50%.

Should You Buy Lab-Created Diamonds?

I believe the answer is NO if you’re seeking an investment or a symbol of rarity, as lab-created diamonds are not as scarce as natural diamonds. Yes, we all know that lab-created diamonds cost less than natural diamonds but I cannot outshine the class, emotional value, resale value, etc,.

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