While lab diamonds Perth are becoming more and more popular, there remain numerous questions regarding their cost. In this article, we’ll address some of the key points so you can make an informed decision.
One of the primary factors in determining a diamond’s price is rarity. Natural diamonds take billions of years to form in the earth and therefore tend to be rarer than lab-grown gems.
1. Natural Diamonds Are More Expensive
Natural Lab grown diamonds UK tend to be more costly than lab-grown gems due to several reasons. Firstly, they take millions of years to form in the earth’s mantle under extreme heat and pressure conditions.
Second, these gems are rare and valuable. And, thirdly, they symbolize an investment of love.
Investing in a natural diamond is different than stock or bond investments; you are showing someone how much you care about them and that you will always be there for them. It is an investment that speaks volumes about your commitment to them.
The diamond industry takes measures to keep natural and lab-grown diamonds separate throughout every step of their supply chain. They use tamperproof packaging, separate rooms and employees dedicated to each type of stone, as well as diamond verification instruments or third-party laboratories for verification.
2. Lab-Grown Diamonds Are Less Expensive
Lab-grown diamonds are an excellent option for couples seeking an environmentally friendly and cost-effective engagement ring. On average, they’re around 30% less expensive than mined diamonds of similar size and quality.
Diamonds can be created through two processes: Chemical Vapour Deposition (CVD) and High Pressure, High Temperature (HPHT). Both techniques start as small diamond seeds that eventually grow into fully formed stones with their inherent characteristics intact.
Lab-grown diamonds can be created much more quickly than their natural counterparts, as the process is much faster in a laboratory than mining one deep underground. This means you can have your diamond cut in just a fraction of the time it takes for natural ones to form.
If you’re searching for an engagement ring or something more casual to wear, lab-grown diamonds offer a vast array of choices and styles. They come in various cuts and sizes and can be set in any metal colour or style.
3. Lab-Grown Diamonds Are More Ethical
Lab-grown diamonds are an excellent alternative to natural diamonds for those seeking an ethically sourced engagement ring. These man-made gemstones have become increasingly popular with millennials seeking out sustainable and ethical purchases.
Diamonds can be created through a laboratory process that mirrors nature, but without the massive environmental and ethical damage caused by mining. Instead of digging up from beneath the earth, scientists grow diamonds in labs for similar colour, clarity, and lustre as natural diamonds without digging out of the ground.
Though lab-grown diamonds tend to be cheaper than natural diamonds, their value decreases over time due to an increasing supply of lab-grown stones on the market. As more diamonds enter circulation, it becomes harder for a diamond’s value to increase over time.
4. Lab-Grown Diamonds Are More Sustainable
Lab-grown diamonds are more cost effective than their natural counterparts and much purer, with fewer defects and impurities.
Additionally, these gems come in an array of hues and cuts not found with mined counterparts, making them a great option for jewellery collectors looking to add variety to their collection.
They are more sustainable than mined diamonds since their production requires less energy. Plus, since these stones are produced using renewable energy sources with zero emissions, there’s no environmental harm done to the environment.
The diamond industry is also taking steps to produce more sustainable jewellery and gemstones, an initiative which will have significant benefits for the environment.