How Much Does It Cost To Create A Lab-Grown Diamond?

Lab-Grown Diamond
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Diamonds are among the most priceless gifts used for ages in jewelry. Both natural and lab-grown versions are available. Natural stone has been used for centuries, but synthetic diamonds are progressively taking over the market today. Synthetic diamonds were a little expensive when they first came on the market, but as time passed, technology advanced, and now they are less costly than mined stones. Below is everything you need to know about a lab-grown diamond: its advantage, difference, and cost.

What Is The Difference Between Lab-Grown And Natural Diamond

Unlike naturally occurring diamonds, which form over billions of years, lab-produced ones are manufactured over several weeks. To create lab diamonds, high-temperature carbon and compression are used. Natural diamonds are crafted from a raw stone into the required shape and carat weight. Similarly, a cutter creates the shape of a synthetic diamond once it has grown. They are so similar in appearance that you cannot distinguish between them when placed side by side.

Lab-grown diamonds also contain carbon, the same element that makes natural diamonds. The hardest substance known to man is also the toughest to chip, making them comparable to genuine diamonds.

What Is The Cost Of A Lab-Grown Diamond?

There is a general industry standard for determining prices for mined diamonds. The Rapaport List is an international standard for determining prices per carat. This list gets updated weekly, and the prices are determined based on it. One can use it to compare clarity, color gradings, and carat weight.

For the pricing of lab-grown gems, there is no set list or formula used by the industry. However, a 1-carat lab-grown diamond typically costs roughly $2,000. The cut, clarity, and color will determine whether or not that price increases. The 4Cs are used for grading and pricing lab-grown diamonds. The factors influencing the value are carat, cut, color, and clarity. There can be a massive difference in price due to minor changes.

Advantages Of Lab-Grown Diamonds

Any couple seeking an engagement ring or anyone searching for a magnificent piece of jewelry should consider investing heavily in diamonds. Despite some skepticism, lab-grown diamonds are just as competitive as genuine jewels. Here are all the benefits it provides.

Greater Quality

Synthetic diamonds are pure and of excellent quality. This is because they do not contain any soil or impurities, which is seen in the natural stones that are extracted through mining. Another reason for their outstanding quality is that they are produced under strictly regulated circumstances; they exhibit fewer flaws and less crystallographic strain. When diamonds are pure, and of exceptional quality, they are better and shinier. Compared to the natural ones, most lab-grown ones often have superior purity ratings.

Better For The Environment

The extraction of diamonds with massive gear requires enormous amounts of fossil fuels, making diamond mines among the most significant holes ever excavated on Earth. Diamonds created in a lab are vegan; however, diamonds extracted from the Earth are not since they harm ecosystems and rivers in ways beyond the mine area.

Additionally, growing diamonds is more sustainable than mining them. In locations where renewable energy is easily accessible, numerous diamond-growing facilities are now under development, and many growers are already using it.

Affordability

Anyone to whom you give a diamond retains a particular place in their heart. That feeling does not have a price tag, but a diamond does. There is a chance that natural ones will be expensive if you choose them. However, you do not need to spend a fortune to obtain synthetic ones. You can afford to treat yourself to a great piece of jewelry without breaking the bank. The fact that lab-grown diamonds are about 40% less expensive than their mined counterparts is another argument in favor of buying one. As a result, you receive improved-quality jewelry at an affordable price.

Companies are investing in labs that use synthetic extraction methods to create synthetic diamonds. It’s not just because of the advantages listed above but also because they maintain the aesthetic appeal of conventional gems. You cannot distinguish a lab-grown diamond from a naturally occurring diamond with the naked eye. Also, they look good, and you can get them in different colors.

Synthetic ones are made from ethically sourced materials. It means that sometimes, the conditions in the mines where the workers worked could be better, and they must work very hard with the basic facilities. But with the lab ones, you can get one hundred percent sure that the process is ethical.

How Are Diamonds Created In A Lab?

They are often created using the HPHT (high-pressure, high-temperature) technique.

In the beginning, a seed crystal, a tiny piece of a diamond, is put in a press cell with a metal catalyst. This catalyst consists of iron or nickel. On top of this arrangement is a pure carbon block; it can be graphite. Now, in the press cell, the temperature rises as much as 1,600°C, which is searingly hot.

Following that, it exerts tremendous pressure using metal anvils. Now, the metal catalyst must melt at a high temperature and pressure. After this process, the atoms present in graphite get transferred to the seed crystal. The crystal steadily fills in with carbon atoms, creating familiar multi-sided formations.

Also, it is vital to control the growth rate to reduce the chances of any errors. The diamond goes for cutting and polishing when it has cooled, just like natural stones. Then, the rating process begins depending on the cut, clarity, cut, and color.

Conclusion

Jewelry made with lab-grown diamonds is valuable because of its clarity and high quality. These stones gain a lot of advantages because they are made, not mine. It is reasonably priced and worthwhile. Diamonds created in laboratories are environmentally beneficial, sustainable, and have low carbon footprints. If you enjoy purchasing these precious gems from companies that sell lab-grown stones, they can undoubtedly assist you in selecting the best ones. You can also verify the laser engraving on the diamond.

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