If you’re in the market for an engagement ring, you’re likely to hear a lot about lab grown diamonds. Maybe you’re growing more and more interested because you’ve discovered that lab grown diamonds are very significantly less expensive than earth-mined diamonds. When you make a very substantial investment like an engagement ring, it makes sense to consider your options. Here are some thoughts on lab grown diamonds for you.
Some of the Pros
Beauty. Lab diamonds look exactly like mined diamonds because they are exactly like mined diamonds. Chemically, they’re the same. Carbon. Physically, they’re the same crystals. Optically, they’re the same as well, and their shimmer and shine will be a diamond’s shimmer and shine because they are real diamonds.
Budget. This one is pretty significant. You’ll get a bigger and higher quality diamond for the same budget. Or you can get the same size and quality for substantially less money.
Environmentally Ethical Purchase. Lab grown diamonds don’t require mining. This means they avoid any of the environmental impacts of diamond mines. In addition, they can be sourced from laboratories that focus on a minimal carbon footprint.
Socially Ethical Purchase. Lab grown diamonds are inherently conflict free, so you know your purchase will never involve “blood diamonds” on your engagement ring.
Some of the Cons
Resale. Lab grown diamonds are not as well tested for resale value. Earth-mined diamonds have maintained wholesale appraisal values for a very long time, making them a safer investment than lab diamonds right now. As lab diamond become more established, that might change. If resale is important to you, you may want to go with a natural diamond.
Origin Prestige. For some people, there is more prestige with a naturally formed diamond even though the laboratory and earth-mined diamonds are chemically the same.
If you’re in the market for an engagement ring, considering a laboratory diamond is a smart thing to do. If you’d like some help, feel free to reach out. If you’re looking for an engagement ring in San Diego, drop by our showroom. You’ll be glad you did.
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