Lab diamonds Melbourne, also referred to as lab created or manufactured diamonds are carbon-based gemstones that are artificially grown in a laboratory.
They are chemically and physically identical to mined diamonds and go through the same grading process. They are valued based on the 4 Cs – carat, cut, clarity and color.
1. They are more affordable
Man made diamonds, also known as synthetic diamonds, are a more affordable alternative to natural diamonds. They are also more environmentally friendly because they do not contribute to earth diamond mining, ocean dredging or habitat destruction.
Lab-created diamonds are created in a laboratory using advanced technology that recreates the process of diamond growth. They exhibit the same fire, brilliance and scintillation as mined diamonds, depending on their 4Cs grading.
While they are more affordable than natural diamonds, lab-created diamonds don’t have much resale value. They typically devalue around 50% of their price immediately after purchase.
However, there are many factors that affect the value of a diamond, including cut quality and shape, color, clarity, and carat size. The cut of a diamond is the most important factor because it determines its beauty, which is why you should always pay close attention to how your jeweler cuts the stone.
2. They are more durable
Whether you’re in the market for a diamond engagement ring or just want to give one as a gift, you’ve probably heard the slogan, “Diamonds are forever”. But that’s not necessarily true.
In fact, lab created diamonds are as durable as their natural counterparts. This is because they undergo the same formation process.
They’re formed through a chemical reaction that occurs in the earth, where carbon is subjected to intense heat and pressure, creating a diamond crystal.
It’s that exact same process that can be mimicked in a laboratory to create lab diamonds, also known as synthetic or man made diamonds.
These stones are similar in appearance to natural diamonds, and can be cut into all of the same shapes. They also come in a range of colors, carat weights, and clarity grades.
3. They are more environmentally friendly
Man made diamonds are more environmentally friendly than natural diamonds because they don’t require the destructive mining process. They also don’t give off any mining waste, which causes a lot of environmental pollution.
The lab diamond industry is growing, and it’s causing some concerns about how it affects the environment. Companies such as Pandora, De Beers Group and Kimai all make lab grown diamonds but it is unclear if they are truly eco-friendly or not.
The FTC has warned some lab diamond companies not to use the term “eco-friendly” without proof. The agency discourages such claims as they are too general and hard to substantiate.
4. They are more trendy
Man made diamonds have become a hot trend. They are a popular choice for engagement rings and diamond jewelry because they look just as stunning as natural ones and are significantly cheaper.
They also help to reduce the environmental impact of mining diamonds, which is something that many people are concerned about. Additionally, they help to alleviate concerns about conflict diamonds.
But despite their popularity and positive reputation, man made diamonds have a few pitfalls. One of them is that they have a much shorter life expectancy than natural diamonds, which means they are more fragile.
Another problem is that they do not retain their value over time as well as natural diamonds. This makes them less desirable in the long run for some consumers.
In conclusion
However, if you are in the market for a diamond, it is always important to do your research before making a purchase. It is also best to avoid buying a lab-created diamond if you are planning on selling your jewelry in the future.