With the rise of man-made diamonds, the diamond industry is facing a massive disruption. These new stones can be as beautiful as natural diamonds, but can be considerably cheaper and contain more of the precious substance. These man-made diamonds are grown in labs and are sealed in a transparent metal container.
Lab-grown diamonds are real diamonds
Diamond wholesalers will increasingly have the opportunity to offer lab-grown diamonds to consumers in Australia and New Zealand. As the largest supplier in these regions, JC Jewels is using its sales, marketing, and technology expertise to expand consumer access to lab-grown diamonds. The company has recently partnered with SCS Global Services, an independent third-party certification company, to create a certified closed-chain of custody for all fully traced WD diamonds.
The price of lab-grown diamonds is approximately half that of earth-mined diamonds. Therefore, if you’re looking to purchase a diamond for yourself or a loved one, it’s worthwhile to check the cost per carat of both types of diamonds to find the best value for your money. The best way to compare the price per carat of different diamonds is to find a website that specializes in lab-grown diamonds.
They are cheaper than natural diamonds
Man made diamonds nz are cheaper than natural diamonds in many cases because they use less energy. According to a study from the Natural Diamond Council, natural diamonds produce 160 kilograms of CO2 per carat, compared to around six to eight kilograms for lab-grown diamonds. This reduction in energy use is partly due to the fact that man-made diamonds are grown in labs rather than being mined.
The supply chain for lab-grown diamonds is shorter and involves fewer people, making them cheaper. In the past, mined diamonds were subject to unethical production practices and supported violence and exploitation of miners. However, since the Kimberley Process was established in 2003, these practices have reduced considerably.
They are more pure
Diamonds produced in a lab are much more pure than those mined from the ground. Manmade diamonds do not contain impurities like iron, nitrogen, or carbon, and exhibit far fewer defects and signs of strain in their crystal structure than mined diamonds do. This increased purity results in a whiter, brighter diamond.
Synthetic diamonds have been around for more than half a century and are used for a variety of industrial applications. Researchers at General Electric first developed gem quality synthetic diamonds in the 1970s, and other manufacturers followed suit by the mid-1980s. At first, these diamonds were small and yellow, but today you can find colorless varieties, suitable for use in jewelry.
Diamonds have a remarkable array of properties. They are the toughest and stiffest material known, and are also the best electrical insulator. They are also chemically inert to most acids. They are also transparent to visible and infrared light.
They have no resale value
Buying a diamond from a mine can drain your retirement and emergency funds. However, if you’re willing to spend less, lab grown diamonds can be a cheaper option. Whether you’re shopping for a special occasion, such as an engagement ring, or simply want a diamond for yourself, lab grown diamonds are the answer. These gems are created with a process that saves the earth, as well as your wallet.
Compared to natural diamonds, lab grown diamonds London are usually less expensive and have little to no resale value. However, if you want to sell your diamond, you should aim to make at least half of the price you paid for it.