Lab grown diamonds are highly valuable gemstones. They have the same chemical structure as a mined diamond and in most cases look exactly the same. In almost all ways but their formation - they are true diamonds.
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This is great news for jewellery buyers because while lab diamonds are equally beautiful compared to their mined counterparts, they are also more affordable. Cracking down deeper and deeper into the earth can get pricey, and though growing diamonds in a lab is complex, its certainly more efficient and less expensive. You can factor in the environmental and ethical expenses that diamond mining gives birth to as well, which is completely avoided by lab grown diamonds.
So, we can tell you that lab grown diamonds do have value for their beauty and innovative creation. But do they hold that value? For whatever reason you may eventually resell your lab grown diamond jewellery - this is important to know.
Hopefully, you wont ever need to resell your diamonds, as they are a truly special stone. But were always here to help and to provide you with any information you need for buying lab grown diamonds, so lets delve into the topic of lab grown diamond value.
Overview:
Do Lab Grown Diamonds Hold Value?
If you hear that lab grown diamonds dont hold any value after purchase, then that simply isnt true. Lab grown diamonds certainly have value for their appearance and durability, and as weve mentioned they are exactly the same as natural diamonds in chemical make-up and hardness.
From a monetary standpoint, however, your lab grown diamonds arent going to hold very much value after they are taken out of the store. Almost all diamonds you buy will drop in price once worn, but lab grown diamonds are particularly susceptible to losing value after purchase. Again, hopefully, you wont need to sell your diamonds after purchase.
Lab grown diamonds are also becoming more common as more are switching to the eco-friendly option. As greater amounts of diamonds are grown, the retail price is likely going to drop. This is excellent news if you are planning to purchase lab grown diamonds as theyll be more affordable, but this also means their value will also drop a little more after you buy.
Where lab grown diamonds do continue to hold their value after purchase is in their hardness and quality. Diamond is the hardest material in the world, and man-made diamond is no different. The carbon-based gemstone is ultra-resistant to scratch and wear, hence the saying diamonds are forever. If kept clean, diamonds wont lose their sparkle either. You can be sure that a lab grown diamond will stay with you for lifes most important moments for years after purchase.
Do Lab Grown Diamonds Have Resale Value?
In the event you wanted to sell your man-made diamond jewellery, you would find that lab grown diamonds dont have very much resale value. This is one of the very few downsides of buying lab grown; but while many jewellers wont buy back man-made diamonds, you may still be able to sell your pieces online.
If you can find a place to sell your jewellery online, you can get some of your money back from your purchase. Some online diamond sellers will buy back lab grown diamonds, you just might have to do a bit of searching to find them. Otherwise, you won't have too many jewellers willing to buy back worn lab grown diamonds, as they wont be able to sell them again for much profit.
Most diamonds will lose much of their value after wear, so we definitely recommend that you make diamond purchases with the expectation to keep them forever.
What Is The Resale Value Of Lab Grown Diamonds?
As with a natural diamond you can expect your lab grown diamonds to significantly drop in monetary value after purchase. Some estimate that lab grown diamonds can drop to 10% of their original price or lower, while more generous estimators put them nearer to natural diamonds at 30% of the original price.
If you are able to find an online marketplace for your lab grown diamonds, we hope that you can find a reasonable price. Keep in mind that the resale value will also be strongly affected by the quality of your diamond.
Just like mined diamonds, man-made diamonds are evaluated using the 4Cs of diamond evaluation: colour, clarity, cut and carats. The original price that you purchased your lab grown diamond for should give you a good idea of its quality. Its fair to say that the higher quality you own, the more likely it is youll sell your gemstone, as it will be more desirable.
Brand-new top-quality lab grown diamonds can sell for over $10,000, which gives you an idea of the impact and desirability of these perfect stones. We still cant recommend that you buy a lab grown diamond as an investment, but know that they do reach some impressive heights. In terms of their beauty and effortless shine, lab grown diamonds are truly valuable gemstones.
Lab Grown Diamonds: An Investment For Our Future
So lab grown diamonds arent a great investment, at least with regards to their monetary value. As with any gemstone purchase, you should put plenty of thought and time into choosing the right one for you and making sure you arent buying something you wont want to keep forever.
Putting this aside, you should feel great when you walk out of the store with lab grown diamonds. Not just because youve bought a precious and stunning stone, but because youve done your part to invest in a sustainable future.
The destruction of natural habitats and wildlife from large-scale mining leaves scars that are impossible to heal. The chemical solutions used in mining are highly damaging to regrowth in the area, even decades after mining has stopped.
The ethical concerns of mining are important too. Historically, mines have been the sites of conflict, over-working and unsafe conditions. The industry is improving in this regard as unsafe mines lose support and funding, but you can be sure that lab grown diamonds are created without conflict or large-scale mistreatment of workers.
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As the man-made diamond industry grows, so does the efficiency of the growing processes and the sustainability of our energy sources. If you buy lab grown, you are supporting the cause and growing the industry. And, if you ask us - this is a hugely positive step towards a sustainable jewellery market and brighter future.
Diamond gemstones have long been linked with value, status and rarity. While many people associate the gems with love, anniversaries and engagements, others wear them as stylish advertisements for their success.
Once exclusively mined from the Earth, diamonds can now be grown in dedicated laboratory environments. But how well do lab-grown diamonds hold their value over time? Heres what you should know.
Over the centuries, diamond gemstones have held prominence as tangible symbols of the wearers prestige and wealth. That said, as with any other product, the actual monetary value of diamonds has fluctuated over the years, thanks to countless market variants, including supply and demand.
Just like the prices of gold, silver and platinum, the value of a diamond will rise and fall based on the demand for the stones as a commodity. For example, when brand-new diamond mines are found, diamond prices will naturally drop due to an increase in the supply line. At the same time, the fundamental laws of supply and demand also dictate value increases when the demand for diamonds rises.
Diamonds are considered a wise investment because they generally retain a competitive market value that either remains consistent or increases over time. This is essentially due to the fact that there is a limited amount of natural diamonds on Earth. So, if you buy a natural diamond at a fair price and take care of the gemstone, you should expect to see a gradual increase in overall value over time.
But, while high-quality natural diamonds tend to retain their value quite well, lab diamonds are less predictable. Physically and optically identical to natural diamonds, lab-grown diamonds do not have a finite supply. Therefore, they dont offer the same type of resale value as a natural diamond.
As previously stated, scarcity is a huge factor that influences a products value. Because natural diamonds are relatively rare, they have a higher value than lab-grown diamonds, which are not in short supply. This means their resale value is relatively low in comparison to a gemstone mined from the earth.
Still, lab-grown diamonds do offer a number of compelling benefits that appeal to modern buyers. In addition to being breathtakingly identical to natural diamonds, these man-made gems are created with responsibly sourced materials in a socially responsible way.
In far too many instances, natural diamonds are linked with human rights issues and ecological concerns. Not all diamond jewelers embrace John Atencios unwavering ethical standards. When crafting his uniquely dazzling natural diamond jewelry, John maintains a strict adherence to unyielding ethical and social standards. This means sourcing his natural diamonds from reputable, eco-conscious suppliers and complying with the Kimberly Process Certification Scheme (KPCS), a critically important worldwide effort aimed at putting an end to the trade of "conflict diamonds'' used to fund wars, human trafficking and other harmful activities.
With all that said, since all lab diamonds are made in dedicated environments, any ethical issues dont exist. Lab diamonds also usually cost about 30% less than natural diamonds of comparable quality and size. In the minds of many, these factors are enough to offset any potential concerns about the limited resale value of lab-grown diamond gemstones.
A natural diamond takes billions of years to form under intense pressure and astoundingly high heat miles within the earth. Lab diamonds, on the other hand, are made relatively quickly using specialized technology. Despite these differences, both kinds of gemstones are exactly the same down to the tiniest molecule. The only difference is that lab-grown diamonds include microscopic inscriptions.
But while they are the same as mined diamonds in every way, lab diamonds dont have a limited supply, and this affects their value. This is part of the reason lab-created diamonds have seen a decline in resale value in recent years.
As with any valuable item, natural diamonds will increase in value in accordance with inflation. A diamond purchased in is worth a lot more today. Whether this increase in value is owed to the rarity of the stone or inflation itself, however, is dependent on several factors, including the uniqueness of the gem, the current popularity of its shape, its quality and color, and so on.
Unlike natural diamonds mined from the earth, lab diamonds wont usually gain value. In fact, in recent years, their value hasnt kept up with inflation, mostly due to the increased availability of lab-grown gemstones. So, to put it simply: a lab-grown diamond isnt going to bring much, if any, return on investment. On the other hand, natural diamonds can increase in value based on relative scarcity and fluctuating market demand. Still, in the eyes of many, the benefit of a beautiful, affordable lab diamond stone and artfully designed ring counters the value shift.
In the past few years, lab-grown diamonds have become more popular than ever, and the prices have responded by dropping.
But wait, you may ask, doesnt increased demand drive prices higher? In normal circumstances, this would be true. But with lab-grown diamonds, suppliers have responded to increased demand by ramping up production. This has caused the price of lab-grown diamonds to fall, allowing modern consumers to attain beautiful diamond jewelry pieces for lower prices.
With that said, its important to remember that a diamond is only part of what makes jewelry valuable; the precious metal content and uniqueness of the design also greatly contribute to overall pricing.
While lab-grown diamonds have seen a decline in resale value, this shouldnt be viewed as a reflection on the quality of the gemstones. The reason lab diamonds are up to 30% less costly than natural diamonds is not that they are lower quality. On the contrary, lab diamonds tend to be less expensive because they arent as scarce, and the supply chain is much shorter.
It is true that their resale value is not as high as a natural diamond. At the same time, its important to remember that the point of buying a stunning diamond piece is not to resell it later. Ultimately, you are buying an elegant reflection of your style or a meaningful token of love that will become an heirloom that can be passed down for generations.
What exactly makes a natural or lab diamond an investment-grade gemstone? In most instances, its the color, cut, clarity and carat weight. The higher a diamond ranks in these key categories, the greater its monetary value now and in the future. Much like the purchase of a vehicle, a diamonds value can rapidly depreciate after the initial purchase. But if you buy a high-quality jewelry piece and take good care of it, you can expect to maintain a relatively consistent value that may even go up over time. Ultimately, however, its important to remember that the real value of a diamond is how it represents your endless love story.
When crafting his unique jewelry pieces, John Atencio only uses the absolute highest-quality diamonds. When they are paired with his artfully designed jewelry pieces, these exquisite gemstones create wearable works of art that hold considerable value, both in terms of dollar figures and in terms of deep emotional meaning.
While deciding on the perfect engagement ring or other jewelry pieces such as diamond pendants, diamond tennis bracelets or diamond studs can feel intimidating, your experience never has to be that way. At John Atencio, our knowledgeable consultants can show you how to select the perfect stone cut and carat, along with the ideal precious metal and setting, based on your distinctive preferences. Shop online, search our lab-grown diamonds, or visit one of our convenient Colorado locations.
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