Despite their less expensive price tag, many people wonder if lab created diamonds hold value. That’s because many traditional jewelers claim that they have little to no resale value.
The truth is, lab created diamonds have resale value just like mined ones lab grown diamonds Malaysia. They’re priced on the Rapaport Price List, which is based on a percentage of the original sale price.
1. They’re more affordable
Lab created diamonds are 40 to 50 percent less expensive than mined diamonds. This is because the materials needed to create them are readily accessible and require less equipment than mining diamonds.
However, they’re not worth the same amount of money as natural diamonds. Because the supply is limited, lab created diamonds aren’t guaranteed to hold value in the future.
2. They’re more environmentally friendly
Lab created diamonds are a more environmentally friendly alternative to mined diamonds. They produce less waste, use fewer resources and emit less carbon dioxide than natural diamond mining.
This makes them a more sustainable option, especially in light of the looming climate crisis and calls for sustainability. They are also less expensive than their natural counterparts, which is a big benefit for many consumers.
3. They’re more durable
Lab diamonds are ten times harder than mined diamonds, so you can be confident that your jewelry will last. Additionally, they are much more durable than diamond simulants like cubic zirconia or moissanite, which can crack and chip with wear.
They are also a good option for those who want to reduce their impact on the environment. However, there is still a lot of debate about whether they actually are more sustainable than natural diamonds.
4. They’re more versatile
Lab created diamonds are a versatile option that can be used to create a wide variety of styles. They can be produced in a range of colors, including pink, blue, and yellow, and are becoming increasingly popular as a more eco-friendly alternative to natural diamonds.
Like mined diamonds, lab created diamonds are formed under high pressure, heat, and chemical conditions. These are then cut and polished to reveal their brilliance.
5. They’re more rare
Lab created diamonds are grown in a laboratory using the same carbon crystallization process that natural diamonds undergo beneath the earth’s surface. This allows gemologists to mimic the extreme temperatures and pressures that natural diamonds undergo, making them an eco-friendly alternative to mined diamonds.
Just like mined diamonds, lab created diamonds come in a variety of colors and can be cut into any shape you can think of. They can also be treated to change their color grade.
6. They’re more customizable
Lab created diamonds are a great way to customize your engagement ring. You can choose from a wide range of gemstones and settings, and you can even design your own unique ring with the help of a virtual designer or an in-house expert.
They are also cheaper than their earth mined counterparts, often by up to 75%. As a result, they have become a popular option for those on a budget tvboxbee.
7. They’re more ethical
The diamond industry has been a subject of controversy for decades, with many people believing that mined diamonds are unethical. It’s common knowledge that diamond mining is environmentally harmful and exploitative.
As a result, lab created diamonds are growing in popularity. They’re a popular choice among millennials and Gen Z, who are more conscious of their choices and want to make ethical purchases.
8. They’re more socially responsible
Lab created diamonds are gaining popularity among conscious consumers who want to make ethical purchases. They offer a more socially responsible man made diamonds UK alternative to traditionally mined diamonds, which have a history of human rights abuses.
One of the main issues with mined diamonds is their association with “blood diamonds,” which are used to finance ongoing wars and human rights abuses. Because of this, many consumers are choosing to avoid them altogether.
9. They’re more affordable
If you’re looking for a diamond that doesn’t come at a hefty price tag, lab created diamonds may be the perfect option. They cost about 30-40% less than natural diamonds and look just as sparkly.
Lab diamonds are created in a lab using the same process that naturally-mined diamonds undergo. However, they are created without the massive environmental and ethical repercussions that occur when diamonds are mined from the Earth therightmessages.