What Determines the Price of Lab-Grown Diamonds?
What is a Lab-Grown Diamond?
Lab diamonds are the reflection of natural diamonds according to their qualities as well as appearance. These man-made diamonds consist of carbon elements created in the lab using HPHT or CVD method. A Lab Grown Diamond is also known as a Synthetic Diamond or Man-Made Diamond. Read more about What is Man Made Diamonds?
In this blog we are going to give you detail on the factor that affects the price of Lab Diamonds, hereby Lab Diamonds have a comparatively low price than natural diamonds.
Which Factors Play An Important Role in Deciding the Price of Lab Diamond?
There are different factors that affect the price. Cut, Carat, Color, and Clarity are the elements that affect the price. Before buying any kind of jewelry some of the factors are taken into consideration for getting the exact value of the lab diamond.
Lab Diamond Prices by Carat
The physical weight of lab diamonds is defined in terms of carats. One carat is divided into 100 points, each of which weighs 0.200 grams, or 1/5 of a gram. For comparison, one carat is equivalent to 0.007 ounces of avoirdupois in US measurements.
Lab Diamond Prices by Cut
The cut of a diamond is more than just its shape, it also affects how well the stone absorbs and refracts light, giving its distinctive shine. Lab Diamonds with excellent cuts are incredibly dazzling, fiery, and attractive. On the other hand, poor-cut diamonds might look dark and dull even if they have excellent color and clarity ratings.
Lab Diamond Prices by Color
Selecting a lab diamond with the least amount of color is often preferable while looking for the ideal diamond. On a scale from D to Z, five general categories of diamond color are distinguished (colorless, near colorless, faint, very light, and light).
Lab Diamond Prices by Clarity
The presence of imperfections on and inside a diamond is referred to as the stone's clarity. Even when produced in a lab, minute flaws could still be apparent. They are referred to as inclusions or faults. They develop as the stone grows and are particular to each stone. The term "eye clean" refers to diamonds that are normally graded SI or better on the clarity scale and whose inclusions can generally be detected without magnification. The rarity and great value of inclusion-free diamonds are generally recognized.
What is the Difference Between the Price of Lab Diamonds and Natural Diamonds?
The price of a Lab Diamond is lower than that of a mined diamond, generally, the price of a Lab gown diamond is 60-80% less in price. The price of a 1-carat natural diamond would be around $1,620 - $11,619 while the price of a 1-carat lab-grown diamond would be around $800-$1,000. Lab Diamonds are created in a controlled free environment and observed by diamond experts. In the end, the product is a diamond that has the same chemical, physical, and optical elements as a natural diamond.
What Certifications are There for Lab Diamonds
Lab Grown diamonds are certified diamonds, graded on the basis of the cut, color, clarity, and carat of the particular stone. It is believed that for Lab Diamonds IGI certification is the best. The certification prices of IGI are less than GIA.
Lab Diamond Resale Value
The resell value of Lab diamonds VS Natural diamonds is almost similar as the resale value of lab-grown diamonds depends on various factors such as the quality of the diamond, its certification, and the demand in the market. buying from a reputable jeweler and getting proper certifications are also a point taken into consideration.
Where to Buy an Lab Diamond?
Explore Lab Grown Diamonds
It is necessary to buy a Lab Grown Diamond from a reputable jeweler, getting a proper quality lab diamond is something to after for creating a special kind of jewelry. Gmver is a place where you find a variety of lab diamond products at the most amazing price. We have a skilled worker who has crafted each piece of jewelry with their unique skill and detailing work makes our jewelry look more intriguing. Ultimately, Lab Grown diamonds are one of the finest options to go with as their intrinsic value, undefined beauty, and never-ending durability are making them popular.