Site icon Wiz Article

Lab-Grown Diamonds: Why They Are So Expensive?

Lab Grown Diamonds

What are Lab Grown Diamonds?

Lab-grown diamonds made in a lab, rather than in nature. Because they’re man-made, they can be engineered to have certain traits like clarity and color.

traits that are not possible for earth-mined diamonds. These lab-grown stones also tend to cost less than earth-mined diamonds of similar quality. In fact,

at one point you could grow a diamond of your very own in just two weeks with a relatively low budget! That said, one reason why Lab Grown Diamonds are so expensive is that they still require many hours of intense research and labor before they can be created and polished. As technology continues to improve, however, their prices will likely fall in line with traditionally mined diamonds.

Lab-grown diamonds, sometimes called cultured diamonds, are becoming more and more popular with each passing year. We’re here to answer one of the most common questions about these lab-created rocks: why are they so expensive?

How Lab-Grown Diamonds Differ From Natural Diamonds

Natural diamonds found in mines, usually miles underground. As you dig deeper and deeper into a mine, it takes more effort to get to each new layer of diamond-containing rock. The deeper you go into a mine, therefore, the harder it to get to that layer of rock where natural diamonds are found. This true even though mining technology improves every year (and it’s now possible for humans to safely dig as deep as seven miles underground). Natural diamonds are already priced high due to their scarcity (mined diamonds make up only about 0.0003% of Earth’s crust) and growing demand worldwide. It stands then that lab-grown diamonds would cost less than mined natural ones because they’re grown in controlled environments by machines at much shallower depths.

Three Major Differences Between Lab-Grown & Natural Diamonds

Roughly 50% of gem diamonds come from Russia and another 20% come from Botswana, but both regions are coming under pressure for their practices. Natural diamonds mined deep underground in dangerous working conditions and rely on a highly corrupt government to maintain their monopolies. Meanwhile, lab-grown diamonds grow in a controlled environment, resulting in much higher safety standards for workers. Lab-grown diamonds  also typically more brilliant than natural gems because they’re free of impurities and don’t need to be cut as heavily.

The Benefits of Buying a Lab-Grown diamond

1. You’re Not Degrading Natural Diamond Mines Lab-grown diamonds don’t take anything away from natural mines, and they are inherently eco-friendly. If you buy a lab-grown diamond, you don’t have to worry about destroying millions of years of geological work. This particularly important when you consider how much oil used in mining diamonds in comparison to lab-grown diamonds, which require only electricity and water. 2. Don’t Worry About Supporting a Conflict Ring Mining diamonds in areas like Africa can indirectly support brutal regimes or organizations that help fund terrorists; there are no such risks with lab-grown stones.

Lab-Grown Diamond Vs Lab Created Diamonds

Although they are both diamonds, lab-grown diamonds, and lab-created diamonds are not necessarily of uniform quality. While they might be similar, there is a fundamental difference between them. Lab-created diamonds are man-made in a laboratory setting, while lab-grown diamonds have undergone at least 30 to 40 years of mining before they became available to consumers as jewelry pieces. It noted that lab-grown diamonds are cheaper than their mined counterparts. If you want to understand why these stones priced so high compared with other gemstones like diamonds or pearls or emeralds or sapphires, then you need to understand where these stones come from. Choose Lab Grown Diamond Manufacturer.

Mined Diamonds

When you think of a diamond, what do you think of? Most people likely associate it with something valuable and quite possibly rare. That is because diamonds indeed valuable, and they also very rare—roughly 2% of diamonds mined today considered high-quality or gem-grade. The rest have to be carefully graded and sold as industrial or commercial quality diamonds; these lesser-quality stones make up roughly 98% of all mined diamonds. Because so few mined diamonds are suitable for jewelry, it can cost as much as 100 times more to produce a single lab-grown diamond than it does a mined one. And that additional cost comes from three primary factors: equipment costs, process refinement, and labor costs.

Lab-Created Diamonds

When it comes to choosing a diamond, there are many options available. From mined diamonds to lab-created diamonds and everything in between, one of these is probably more your style than another. The most common choices natural mined diamonds or lab-created diamonds; both have their pros and cons. Best Lab Created Diamond Manufacturer. With that said, even though they have similar qualities, not all lab-created diamonds cost as much as you might think. You can still purchase a beautiful lab-grown diamond for an affordable price if you know where to look for them. Lab grown diamonds  made in a lab.

Exit mobile version