Are Lab Created Diamonds Worth The Money

diamonds

Diamonds are often viewed as the most popular type of gemstone that the general population can opt for when buying loose stones or jewelry fitted with a type of precious gemstone. Diamonds are often thought of as must-have for engagement rings, and many people also tend to opt for diamonds when it comes to buying wedding bands. Other types of jewelry, such as earrings and bracelets, often also comes fitted with diamonds. These stones are beautiful and offer a sparkle like no other gemstone, but the problem that most people come across when looking to buy a diamond is that these stones are also some of the most expensive when compared to other options that are available.

There is a large number of different diamonds available on the market today. Thanks to recent advancements in technology, laboratories are also now able to recreate stones that resemble the chemical structure of diamonds; thus delivering synthetic diamonds that tend to look very similar to a real diamond, but often at a lower cost as compared to how much an identical natural diamond would cost. Unfortunately, a synthetic diamond does not hold the exact beauty and features of a natural diamond, even though it is often able to closely mimic the visible appearance of a diamond. Let’s take a look why it may be a better choice to opt for a natural diamond, and what factors a person should consider before deciding to opt for a synthetic diamond.

Lab Created Diamonds

Natural diamonds tend to take billions of years to form. They are created in the deep layers of the Earth, and then pushed outward, where they are then mined. Due to the complex process that is behind the creation of a natural diamond, these stones tend to reach extremely high values on the market; thus making them only affordable to a select few individuals. Through advancements in technology, some laboratories have developed methods in which they are able to grow synthetic diamonds – stones that offer a similar chemical structure to a natural diamond, as well as able to resemble the beauty of a natural diamond.

Lab Created DiamondsThe idea of creating diamonds in a laboratory is thought of as a method to provide the general population with a cheaper alternative to sourcing for natural diamonds. Many companies who specializes in synthetic diamonds often tend to promote their diamonds as being more affordable choices as well. Unfortunately, when the prices of natural and synthetic diamonds are compared, this was not always the case. In recent times, however, the tables have turned somewhat, and we now see that most synthetic diamonds can now be obtained at much lower prices than their natural versions.

Unfortunately, even though synthetic diamonds have become more affordable lately, it does not necessarily mean they offer a potential customer a better deal as compared to opting for a natural diamond. While these diamonds are grown to resemble the structure and appearance of a natural diamond, it should be noted that they do not offer the exact same characteristics as a real diamond, and will have no resale value – thus making them worthless pieces of stone should a person ever wish to sell their diamond.

Conclusion

Diamonds are precious gemstones that cost thousands of dollars, but in recent times, people have had the opportunity to opt for an alternative option, known as synthetic diamonds, to help them save some money. Even though promoted to be a cheaper alternative to a natural diamond, we often see synthetic diamonds reach higher prices than natural diamonds, and, in the end, they do not tend to deliver better value than a natural diamond would deliver. In this post, we explained why we recommend a person opt for a natural diamond instead, as well as considered when opting for a synthetic diamond may be looked upon as the appropriate option.

 

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About 

Kevin Lee is a former tech advisor who cut his teeth in Silicon Valley. He now spends his time sharing his passion for investing in diamonds and jewelry. You can reach Kevin for any comments by using the contact form on this site. Don't forget to sign up for his free "Investing 101 Guide" by clicking on the button at the top right of this website.