6 things you need to know about lab-grown Diamonds
Diamonds have been treasured and loved for their spectacular beauty and brilliance for years.
Lab-grown diamonds on the other hand are quite new and are quickly gaining popularity.
What are lab-grown diamonds and how are they different to diamonds mined from the ground? Here we are going to uncover 6 facts you need to know about lab-grown diamonds.
(Image shown – Custom Made lab-grown diamond Ring by Moi Moi, click here to get started)
1. Lab-grown diamonds are real diamonds
Lab-grown diamonds are identical to mined diamonds with the exact same crystal structure, physical, optical and composition properties and both are made from carbon.
Lab-grown diamonds does not mean fake. Just like how you can get ice from your freezer or ice from a glacier – they are both frozen water and both real ice.
The only difference is that a mined diamond is made from heat and pressure in the earth taking billions of years to form and a lab-grown diamond is made from a carbon seed with heat and pressure in a lab in a few months.
The results look and last the same and unless you have specialist testing tools, it’s impossible to tell the difference.
To make it official, the US Federal Trade Commission (FTC) ruled in 2018 that lab-grown diamonds are real diamonds.
2. Lab-grown diamonds will save you money
Lab-grown diamonds are surging in popularity, because you can save a lot of money by choosing a lab-grown diamond.
A LAVANA lab-grown diamond of identical quality to mined is typically 50 – 70% less expensive.
While with Pink lab-grown diamonds, you can save up to 90%!
(Image shown – Custom Made lab-grown diamond Ring by Moi Moi, click here to get started)
3. Lab-grown diamonds are more sustainable and more ethical
Lab-grown diamonds are better for the environment.
Made using electricity, the carbon footprint from making them is insignificant compared to mining a diamond.
Not only do lab-grown diamonds use less energy to create, they also use much less water. It takes 480 litres of water to extract and process 1 carat of mined diamonds, versus 70 litres of water for lab-grown.
Mined diamonds have a complicated history with how they are collected. Diamond mining, more specifically blood diamonds, are unethically sourced.
With miners working under inhumane and unethical conditions. The blood diamond trade has fuelled civil wars, which has resulted in a large amount of death, destruction and displacement in these countries.
The worst part is, you don’t know if you are purchasing a blood diamond as they are dispersed around the world for resale through the supply chain and are untraceable.
The major benefit of buying a lab-grown diamond is the guarantee of its origin.
You can have peace of mind knowing that your lab-grown diamond was created conflict free, in a controlled environment and with little to no damage caused to the environment.
4. Lab-grown diamonds are graded, just like a mined diamond
Image shown – Gemological Institute of America (GIA) certificate
Every diamond is unique whether they are lab-grown or mined and quality can vary which will also affect the price.
LAVANA lab-grown diamonds are carefully selected by the Moi Moi team of experts for their premium characteristics and high quality, so all the hard work is done for you.
However, buying a lab-grown diamond with a certificate is an added level of security as no two diamonds are the same.
Image shown – International Gemological Institute (IGI) certificate
A diamond grading certificate will give you an objective overview from a reputable third-party, like IGI or GIA, that describes the 4 c’s of a lab-grown diamond, and also the jewel’s symmetry and polish. The certificate will also correspond with the laser inscription on the jewels girdle to identify exactly which diamond you are purchasing.
5. Are lab-grown diamonds an investment?
If you are buying a lab-grown or mined diamond, buy these beautiful jewels to enjoy them, but not as an investment. Very few diamonds are actually considered investment grade. Lab-grown or mined, diamonds do not hold their value and just like a car, will depreciate the moment you leave the store.
6. Are lab-grown diamonds a good choice?
(Image shown – Custom Made lab-grown diamond Ring by Moi Moi, click here to get started)
Now you have a choice with diamonds and it is a personal choice. There are so many reasons why you should choose a lab-grown diamond over a mined diamond. Here are my top 3 reasons:
- Lab-grown diamonds are a more sustainable and ethical purchase.
- A lab-grown diamond is much more affordable than a mined diamond meaning you can get a much larger diamond with a better clarity that fits in your price range. If lab-grown diamonds remain out of your budget for the size you want, take a look at SUPERNOVA Moissanite, it offers exceptional value and will also last forever.
- Lab-grown diamonds are absolutely beautiful!
Here at Moi Moi Fine Jewellery, we are committed to conflict free, ethical lab-grown diamonds and gemstones. You won’t be disappointed.
Book your virtual or in-store appointment now to view Moi Moi’s huge selection of spectacular LAVANA lab-grown diamonds they carry in stock.
To learn more about lab-grown diamond. click this link here.