The jewellery markets today are flooded with a variety of diamond jewellery. The diamonds used to make these jewellery are either lab grown or earth mined. The composition of both these diamonds are same but they have a few differences too. Let's have a look at them
Lab grown diamonds or manufactured diamonds are created in a controlled environment using a process that mimics the natural formation of diamonds. They are chemically and physically identical to mined diamonds, but they are grown in a lab in a matter of a few weeks rather than mined from the earth. This makes them more affordable and sustainable than mined diamonds.
Earth mined diamonds or natural diamonds are formed over millions of years deep within the earth's crust. They are mined from under the surface of the Earth and processed for further use. The mining process can be dangerous and destructive, and it can also have a negative impact on the environment.
Listed below are the differences between lab grown and earth mined diamonds
Price
Lab grown diamonds are typically much more affordable than natural diamonds. This is because they can be produced in a controlled environment, which eliminates the need for mining and the associated costs. For example, a 1 carat lab-grown diamond can cost around $2,000, while a 1 carat natural diamond of the same quality can cost upwards of $10,000.
Availability
Lab grown diamonds are becoming more readily available, but they are still not as widely available as natural diamonds. This is because the technology for growing lab grown diamonds is relatively new and the demand for them is still growing. However, as the demand for lab grown diamonds continues to grow, it is likely that they will become more widely available in the future.
Environmental impact
Lab grown diamonds are considered to be more environmentally friendly than natural diamonds. This is because the mining process for natural diamonds can have a negative impact on the environment, including deforestation, water pollution, and human rights abuses. Lab grown diamonds, on the other hand, are grown in a controlled environment, which eliminates these environmental concerns.
Here are some additional things to keep in mind when considering lab grown diamonds or earth mined diamonds:
Ethics: Some people choose to purchase lab grown diamonds because they believe that they are more ethical than mined diamonds. This is because lab grown diamonds do not require the mining of natural resources, which can have a negative impact on the environment and local communities.
Personal preference: Some people simply prefer the look of lab grown diamonds or earth mined diamonds. This may be because lab created diamonds have lesser flaws than earth mined diamonds.
Resale value: If you are considering reselling your diamond in the future, it is important to keep in mind that lab grown diamonds have a lower resale value than earth mined diamonds. This is because lab grown diamonds are a newer product and there is less demand for them.
Ultimately, the decision of whether to purchase a lab grown diamond or an earth mined diamond from Flawless fine jewelry is a personal one. Some people prefer lab grown diamonds because of their affordability and sustainability. Others prefer earth mined diamonds because of their rarity and resale value. It is important to do your research and weigh the pros and cons of each type of diamond before making a decision.
