© Bruce Trick 2023
Lab-grown diamonds, also known as synthetic diamonds or cultivated diamonds, are diamonds that are created in a laboratory setting rather than being mined from the earth. There are several potential benefits to lab-grown diamonds over mined diamonds and visa versa. We will go over both.
Lab-grown diamonds do not require mining, which can have negative environmental and social impacts, such as deforestation and human rights abuses.
Lab-grown diamonds are generally less expensive than mined diamonds of comparable quality, as they do not incur the costs associated with extracting diamonds from the earth and transporting them to market.
Lab-grown diamonds can be produced in a controlled environment, which means that they can be more readily available and consistent in quality.
Lab-grown diamonds can be produced in a variety of colors, including colors that are rare or impossible to find in nature.
Lab-grown diamonds can be customized to specific sizes and shapes, allowing for more flexibility in design.
It’s worth noting that lab-grown diamonds are chemically, physically, and optically identical to mined diamonds, and they have the same optical and physical properties as natural diamonds. They are also graded using the same grading system as mined diamonds and are often accompanied by a certificate of authenticity.
There are several potential benefits to mined diamonds over lab-grown diamonds.
Mined diamonds are considered more rare and valuable due to their limited availability and the fact that they are formed naturally over millions of years. Due to this rarity, they also maintain their value over time.
Mined diamonds may hold sentimental value for some people due to their history and the fact that they are formed naturally. Just look at the history of the famed Hope diamond.
Mined diamonds may be perceived as being of higher quality because they are formed naturally under high pressure and temperature conditions.
Both lab-grown and mined diamonds can be beautiful and valuable, and the choice between the two ultimately comes down to personal preference. Which one is right for you?