4 Good Reasons to Consider Lab – Created Diamonds

Diamonds may be a girl’s best friend, whether draped elegantly around the neck or sparkling as an engagement ring on the finger, however, the price tag that usually accompanies this precious gemstone means it is often out of many peoples’ price range.

In addition to their prohibitive cost, greater awareness of the diamond mining trade has tainted the allure of this timeless jewellery in recent years. The exploitative and anti-humanitarian practices employed have created devastation to many local communities coining the term ‘blood diamonds’ due to their use in funding corrupt governments, terrorism and civil wars. The extraction process has also had a devastating effect on the environment contributing to issues such as soil erosion, ecosystem destruction and deforestation.

Fortunately, there are alternatives which can still offer the beauty, brilliance and luster of naturally sourced diamonds which are ethically sound and often much cheaper. The rise of lab-created diamonds has opened up the market as technology has improved and more businesses have entered the diamond creating domain. The market for lab-grown diamonds is set to reach $29.2 billion USD by 2025, with an estimated market share of 10% of the global diamond market by 2030.

Whether you’re a jewellery designer or shopping for a special jewellery item this article will outline some of the benefits of considering lab-created diamonds.

Affordability

Compared to natural diamonds, lab-created ones can offer the same, if not better quality in terms of colour and clarity, however, due to less labor-intensive extraction methods and a shorter supply chain they are often between 40% to 60% cheaper. Unlike naturally sourced diamonds which are formed over billions of years, lab-created ones can be made in less than ten weeks. To learn more about buying lab-grown diamonds read this guide to lab grown diamonds from Ringspo.

Ethically Sourced

With workers in developing countries often being exploited due to poor working conditions, child labour and other human rights violations, the allure of wearing jewellery made from such diamonds has waned for many consumers as they no longer wish to participate or support such unethical and inhumane industries. In comparison, lab-created diamonds do not result in any human rights violations or damage to the environment giving you the peace of mind that you own a conflict-free and ethically sourced diamond.

Better Quality

Although naturally sourced and lab-created diamonds both share the same chemical and physical properties, lab-created diamonds are often better quality as they contain less imperfections or ‘inclusions’ which can form under extreme pressure when a diamond is being created.

This is an important factor in determining the clarity of a diamond as it is one of the four main criteria upon which the quality and value of a diamond are appraised. Lab-created diamonds produced under controlled conditions use cutting-edge technology to produce stones that are free of impurities and imperfections and often receive higher ratings for their quality compared to naturally sourced diamonds.

Different Shapes and Styles

Similar to natural diamonds, synthetic alternatives can offer you a large selection of shapes, cuts and designs to suit your preference. From an asscher to an emerald, a marquise to a pear, you can easily customise a lab-grown diamond to suit your specific needs such as a bespoke engagement ring.

As highlighted by this article, there are several benefits to considering purchasing a lab-created diamond over a natural one.

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