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Why You Should Consider Buying a Lab-grown Diamond for Your Engagement Ring

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You have probably been exposed to the urban legends that surround the purchase of a lab-grown diamond engagement ring. "Lab grown diamonds aren't as durable," or, our personal favorite, "It isn't a real diamond." "They aren't high quality," "Lab grown diamonds aren't as durable," and "It isn't a real diamond." Today, we're going to clear the air about something! We have collaborated to bring you just a few of the many reasons why you might want to think about purchasing this traditional diamond substitute!

  1. Diamonds that were grown in laboratories are still considered to be genuine diamonds.

    The fact that these diamonds were grown in a laboratory rather than extracted from the ground does not make them of a lower quality. In point of fact, they are evaluated and graded by the same gemologists who evaluate and grade naturally occurring diamonds, which means that they are held to the same rigorous standards. Both mined diamonds and diamonds grown in laboratories have identical physical and chemical compositions, and to the untrained eye, they are virtually indistinguishable from one another. The only significant difference between them is where they came from. Humans now have the ability, thanks to advances in science, to understand the process of diamond formation that takes place deep below the surface of the earth and to recreate it in a laboratory setting. However, despite the fact that the process remains the same, no two lab-grown diamonds are ever exactly the same. As is the case with diamonds obtained from mines, there are variations in terms of clarity, color, and size.

  2. They cost much less than the other option.

    To name just a few of the processes involved, the supply chain for mined diamonds consists of exploration, extraction, transportation, manufacturing, and distribution. Each of these comes at a cost, and when added together, they all contribute to the hefty price tag that is placed on the finished diamond that we see in jewelry stores. When the mining process is done away with entirely, a significant portion of the associated costs are also eradicated. In addition, born and raised in the digital era and provide their clients with diamonds through online shopping, are eligible for increased discounts. When purchasing a lab-grown diamond customers can save up to forty percent of their purchase price. Because of this, a couple can purchase an engagement ring for a lower price or get more value for their money without compromising the ring's size or quality.

  3. You don't need to worry about making a purchase.

    The diamond industry is notorious for its shady practices. An article that was published on Time.com states that somewhere between 5 and 10 percent of the world's mined diamonds are traded illegally. Even though this statistic has decreased since it was 25% in 2003, it still equates to tens of thousands, if not hundreds of thousands, of people who are being exploited, forced into slavery, or subjected to violence in the name of jewelry and profits. Buying a lab-grown diamond rather than a mined one is the only way to have complete and utter assurance that you are not unwittingly purchasing a "blood diamond." This is because mining for diamonds is illegal in many countries. You are free to relax now that you know the ring you are currently wearing does not contain any controversial elements.

  4. You will earn the gratitude of Mother Nature.

    The good news is that more and more engaged couples are opting for environmentally responsible wedding practices. Weddings are notorious for being extremely wasteful. On the other hand, these actions toward a more environmentally responsible celebration can begin well in advance of the main event. The production of lab-grown diamonds is more environmentally friendly than the mining of natural diamonds. Consider the consumption of water as an example. According to information provided on the website of Great Height, the production of one carat of mined diamond requires approximately 126 gallons of water, whereas the production of one carat of lab-grown diamond requires only 18 gallons. Because of this, as well as the lower amounts of energy used, carbon emissions, sulphur oxide production, land disruption, and waste production, a lab grown diamond is an easy choice for couples who want their union to have a smaller environmental impact.

  5. A contemporary couple warrants a contemporary option.

    Millennials are putting their own spin on wedding traditions in a variety of different ways, such as using puppy bouquets, having a "man of honor," and forgoing the formalities of a reception altogether. More than any other generation, married couples in today's world are more self aware, more socially conscious, and more willing to challenge the status quo. Why shouldn't this also apply to wedding bands and engagement ring sets? Modern duos now have access to an additional option that does not require them to make value sacrifices in order to maintain tradition.

Bonus!

Sell your diamonds with ease with Diamond Registry’s comprehensive approach and vast global industry connections to help you find the best buyer for your diamond fast. Visit www.diamondregistry.com/sell-your-ring to take your first step to fast, easy and reliable way of selling your diamond.

Want to check and calculate diamond per carat instantly? Go to DR’s diamond price calculator www.diamondregistry.com/diamond-price-list/#calc-move-to to know how. Reliable and trusted carat calculator in the diamond industry since!

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