Should You Consider a Lab-Grown Diamond for Your Ring?

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lab-grown diamond ringHere’s another interesting post from our friends at Savvy Sugar. Check it out: 

Do a diamond’s origins matter that much? We have come to a point in which scientists can create diamonds in the lab that are virtually indistinguishable from mined diamonds. If you’re contemplating buying this lab-grown gem during your engagement ring hunt, here are a few things you should know:

It’s not cubic zirconia. Everyone’s familiar with cubic zirconia, which is known to imitate the look of a diamond but does not have the chemical makeup of one. Gems that mimic the look of diamonds are classified as a diamond simulant. Others that go under the simulant category include moissanite, quartz and glass.

You won’t be able to tell the difference between a lab-grown diamond and a mined diamond. If you go to the legitimate sources, you’ll find that their gems are essentially the same as mined diamonds. The gems have the same physical and chemical properties as mined diamonds. The proper names for these diamonds are laboratory-created, lab-grown or man-made diamonds.

It’s cheaper. Although the price varies on different diamonds depending on the shape, cut, carat, clarity and color, president and CEO Stephen Lux of Gemesis Diamond Company, a producer of lab-created diamonds, tells SavvySugar that “generally speaking, Gemesis lab-created diamonds retail for approximately 20 to 30% less than mined diamonds.” Lux gave sample prices of what you can expect to see at Gemesis—a 0.50 carat can range from $500 to $2,500 while a 1.00 carat can go from $2,000 to $8,000.

The drawbacks. The main drawback seems to be the limits to the size of the diamonds, perhaps due to the technology and equipment of the producer. Gemesis sells colorless diamonds in sizes ranging from 0.50 to 1.50 carats, but they do have bigger sizes for colored diamonds. Another negative is the unromantic notion that the gem is created in a few days, as opposed to taking millions of years to form.

Where to buy. Currently, the leader in the lab-grown diamond industry seems to be Gemesis. You can order diamond jewelry on its website, or you can also opt to order loose stones.

To all ring shoppers, here’s a basic guide to buying an engagement ring if you have no clue where to start.

  • Yoda

    Ah-mazing! I’m not a diamond girl although they are exceptionally beautiful. I do not like the conflict associated with it nor trust conflict-free organizations. I like gems but am absolutely thrilled to hear the new alternative. if only they could make a deep blue diamond i’d be head over heels. 

    • Mitch

      D.NEA Diamonds offers lab grown diamonds as well and they have intense blues.