Lab Grown Diamonds FAQ's
Lab-grown diamonds are diamonds.
They are visually, chemically and physically identical to a mined diamond. They display the same fire, scintillation and brilliance.
Premium lab-grown diamonds are graded using the same value factors – the 4 C’s.
Both mined diamonds and lab-grown diamonds are formed when carbon is placed under immense heat and pressure. The only difference is that one is extracted from the Earth, while the other is grown in a highly-controlled environment.
The US Federal Trade Commission (FTC), the leading US consumer body, has ruled in 2018 that a diamond is a diamond no matter the origin.
A lab-grown diamond, having all the same properties as a mined diamond, is therefore a diamond.
Consumer demand for lab-grown diamonds has greatly increased during the last decade.
A 2018 Wall Street Journal article written by Paul Zimnisky, an independent diamond industry analyst, stated the LGD market is “forecasted to grow at 22% annually by 2023.”
Due to this demand, a downwards price shift for premium lab-grown diamonds is highly unlikely.
No. A lab-grown diamond is visually, chemically and physically identical to a mined diamond.
Highly specialised equipment only found in a gemmological laboratory can reliably tell a lab-grown diamond from a mined diamond.
The best way to tell that a diamond is lab-grown is to look at its grading certificate which is provided for all premium lab-grown diamonds 0.50 carat and above.
In comparison to a mined diamond, a lab-grown diamond is 30-40% cheaper. It represents significant value making it a smarter choice for the diamond consumer.
All LAVANA diamonds above 0.50 carats are certified by the International Gemmological Institute (IGI).
LINK TO CERTIFICATE
Premium diamonds that are above G.
Just like mined diamonds, lab-grown diamonds have different clarities. LAVANA diamonds are only available from SI2 and above.