Lab-Grown Diamonds Are Forever Too and Here Are 4 Reasons Why
Mined diamonds have been considered a valuable commodity for centuries, but their value is largely based on their scarcity. In recent years, however, the development of technology has led to the creation of "lab-grown" diamonds, which are identical to mined diamonds in every way but are far more affordable. So, do lab-grown diamonds have long-term value as mined diamonds?
Do lab-grown diamonds have long-term value as mined diamonds? The answer is yes! Here’s why:
1. They're More Environmentally Friendly
Lab-grown diamonds are created in a controlled environment without mining. This means that they have a much smaller environmental impact than mined diamonds. In fact, some estimates suggest that the carbon footprint of a lab-grown diamond is just 2% of that of a mined diamond.
2. They're More Ethical
The process of mining diamonds can often be associated with human rights abuses and conflict. Lab-grown diamonds circumvent these issues entirely.
In some parts of the world, diamonds are mined in conflict zones and sold to finance civil wars. This is often referred to as "blood diamonds." Lab-grown diamonds are not associated with any of these ethical concerns.
3. They're More Affordable
Mined diamonds are created by, well, mining them from the earth. This is a complex and expensive process, reflected in the price of mined diamonds. Lab-grown diamonds, on the other hand, are created in a lab using advanced technology. Because they don't require the complex and expensive mining process, lab-grown diamonds are typically much more affordable than mined diamonds.
When it comes to quality, mined and lab-grown diamonds are quite similar. Both types of diamonds are made of carbon and have the same chemical and physical properties. In fact, it's often easier to tell the difference between mined and lab-grown diamonds with a professional appraisal.
So, which type of diamond is right for you? If you're looking for a high-quality diamond at a more affordable price, a lab-grown diamond may be the way to go. But if you're set on a mined diamond, you can rest assured knowing you're getting a quality product.
4. They Have Unique Properties
As the world progresses, so does how we obtain the things we need and want. With new technology comes new ways of doing things, including how we get our diamonds. In the past, all diamonds were mined from the earth, but now we have the technology to create diamonds in a lab.
One of the most notable benefits of lab-grown diamonds is that they can be created with specific properties that are difficult or impossible to find in natural diamonds. This makes them even more valuable for certain applications.
Lab-grown diamonds are also perfect for those who are looking for a diamond that is free of impurities. Because they are created in a controlled environment, lab-grown diamonds can be made to be perfect.
Conclusion
Lab-grown diamonds are eco-friendly and offer several benefits over mined diamonds. They are less expensive, ethically sourced, and have fewer flaws. If you are in the market for a diamond, whether for jewellery or another application, consider a lab-grown diamond. You may be surprised at how perfect they can be.
Are you ready to shop for lab-grown diamonds in Australia? Get the perfect one for you here at Eco Lab Diamonds. We sell a wide variety of diamonds for earrings, engagement rings, pendants and more! Our diamonds are available in vivid and even colourless ranges. Shop with us today!