Why Lab-Grown Diamonds Over Mined Diamonds?
It's a huge choice to choose a diamond for your engagement ring. Buying a diamond is a major financial investment for most of us, and we want to do it right. We're here to help you cut through the hype so you can make an informed and rational decision about which diamond is best for you.
Pricing
The retail price of lab-created diamonds tends to range from one half to one third of the retail price of mined diamonds. On the one hand, while lab-grown diamonds and mined diamonds cost roughly the same amount to cut, polish, and inspect, mined diamonds have a long supply chain due to the physical labor required to actually procure the diamonds.
Lab-grown diamonds, on the other hand, have a relatively short supply chain going from the grower to the processor, inspection, and finally distributors, retailers and consumers. Lab-created diamonds simply pass through fewer hands, resulting in fewer markups and lower costs.
Moreover, lab-grown colored diamonds are accessible for a fraction of the cost of natural colored diamonds, which sell for inflated rates due to their rarity value. What's more, lab-grown colored diamonds are brighter and more perfect than natural colored stones: they're pure, consistent in hue, and easier to find. Another significant advantage of lab-grown diamonds is their cost. Thanks to advances in technology, in most situations, though, you may save 10-30% by choosing a lab-grown diamonds over a natural one. Also, if you're shopping for a colored diamond, the savings increase dramatically.
Social Impact
Because over 6 billion carats of diamonds have been extracted from the Earth over the last few centuries, and the vast majority were mined in the century before the Kimberley Process was established in 2003, determining the exact origin of every single mined diamond in a piece of diamond jewelry is not impossible. The majority of diamond collectors like to be informed about their stone's origins and subsequent purchase. Unfortunately, because most naturally mined diamonds come from disputed areas, their origins might be hazy. These stones, known as 'blood diamonds,' have a black background and may have been sold to support military wars or civil unrest. Even diamonds obtained outside of war zones may have a history of child labor, human rights violations, or terrible working conditions. Synthetic diamonds, on the other hand, have a spotless track record and a verified, traceable source.
Environmental
Lab-grown diamonds are significantly less detrimental to the environment than mined diamonds. Some estimates claim that producing a lab-created diamond requires as much as 70% less energy than an equivalent mined diamond, to say nothing of the direct physical impact of literally digging holes in the ground.
Diamond mining has the potential to cause significant environmental damage. Natural diamond mining consumes enormous amounts of fossil fuel; however, synthetic diamonds have none of these drawbacks. In reality, with the demand for diamonds continuing to climb and the supply of mined diamonds expected to diminish, growing diamonds rather than mining them is a considerably more sustainable option. Synthetic diamonds are the answer to the rising demand for this dazzling stone, which is outpacing supply. It is widely acknowledged that growing a diamond in a lab consumes far less energy than digging one up from the ground. A lab produced diamond also does not need the removal of several tons of soil. Synthetic diamonds, unlike naturally mined diamonds, are completely vegan. Lab-grown diamonds do little to no environmental damage and are also more cheap, making them an excellent choice for everyone concerned, including the customer, the maker, the supplier, and the planet as a whole.
Diamond Quality
We have already discussed in our article before the lab-grown diamonds are mostly Type IIa diamonds. And when we want the quality and the purity, the lab-grown diamonds are the purest form than the natural diamonds because the natural diamonds are mostly Type Ia diamonds. Whereas, you can find only 2% of Type IIa in natural diamonds.
The purest form of a diamonds exhibits the brighter, sparkling, and the whiter like the natural diamonds. The lab-grown diamonds doesn’t have any impurities like the natural diamonds. Lab-grown diamonds are created under the controlled process, which makes them purer than natural diamonds.
Conclusion
When you choose the lab-grown diamonds you are exactly investing in the future of humanity by supporting the development of cutting-edge technology and the research.
Lab-grown diamonds are the best choice if considered. It is our goal to share our values of the environment and to all living beings. Our job is to educate people and let them know the difference between natural diamonds and lab-grown diamonds and the benefits of lab-grown diamonds.
