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Buying a lab-grown diamond engagement ring
Are you starting to look for an engagement ring? And are you considering getting a lab-grown diamond engagement ring? Engagement ring shopping is an exciting time, and a diamond engagement ring is one of (if not the) most important jewelry purchases that you’ll ever make.
Engagement rings have a lot of significance for both the giver and the receiver. It represents your commitment to each other, as well as the symbol of your love. So naturally, you want to get the perfect ring for the love of your life.
Diamonds are the most popular gemstone for an engagement by far. However, many people are increasingly becoming aware of the ethical issues with mined diamonds. That’s why more and more people are now buying lab-grown diamond engagement rings. The popularity of lab-grown diamonds is growing because of the eco-conscious and ethical mindsets of the millennials.
Lab-grown diamonds are now both cheaper to produce and cheaper to buy for consumers than mined diamonds. But that is not the only benefit of lab-created diamonds. In fact, lab-grown diamonds have numerous advantages over mined diamonds.
If you are considering buying a lab-grown diamond engagement ring, keep reading. In the following, we’ll walk through the main benefits while also listing some of the potential drawbacks that you should be aware of before buying a lab-grown diamond engagement ring.
3 of our favorite places to buy lab-created diamond engagement rings
SALES ALERT! See the best diamond deals (terms apply):
Answers to your engagement ring questions
Are lab-grown diamonds fake diamonds?
Read more in our intro to lab-grown diamonds.
Are lab-grown diamonds cheaper than natural diamonds?
Read more about that in our article about what you need to know before buying a lab-grown diamond.
Will lab-grown diamonds lose their value?
In general, we do not recommend investing in diamonds. Instead, appreciate diamonds for what they are: magnificent pieces of jewelry!
If you want to learn more about the future of lab-grown diamonds, their projected value, and how all diamonds are to depreciate in value, then continue reading our article outlining the future of lab-grown diamonds.
What is the difference between lab-grown diamonds and mined diamonds?
As opposed to lab-grown diamonds, there is no way to ensure that a mined diamond is conflict-free. Read more about the reasons why you should buy a lab-grown diamond.
Are mined diamonds really so bad?
Are lab-grown diamonds better than mined diamonds?
Read about the reasons you should buy a lab-grown diamond.
Is it more romantic with a natural diamond engagement ring?
There’s nothing remotely romantic about a “natural” diamond that was dug up from the ground using forced labor, violations of human rights, exploration of local communities, disruption of wildlife, and possibly benefiting abusive armed forces.
What are the disadvantages of lab-grown diamonds?
Fortunately, many diamond labs rely solely on clean energy in the production process. One of the pioneers is Diamond Foundry, backed by actor and environmentalist Leonardo Dicaprio, which has received a lot of attention and venture capital. They sell through their own brand, Vrai, the well-known jewelry brand MiaDonna, and a host of other retailers (see an exhaustive list here).
Should I buy a lab-grown diamond engagement ring?
Why you should choose a lab-grown diamond engagement ring
1. Lab-grown diamonds are more affordable
Lab-grown diamonds are 30-40% cheaper than mined diamonds. That means that you can save a huge chunk of your money or get a bigger and better diamond.
2. Lab-grown diamonds are the sustainable and ethical choice
Lab-grown diamonds are guaranteed conflict-free! They are the sustainable and ethical alternative to natural diamonds. Since they are not mined, you help the environment while avoiding potential harm to local communities, workers, animals, and funding conflicts and warlords.
3. Lab-grown diamonds are exactly like mined diamonds
They are nothing like the diamond alternative moissanite. Lab-grown diamonds have the same chemical, optical, and physical properties as their mined counterparts. In addition, they are graded and certified by the same recognized institutions like IGI, International Gemological Institute, and the GIA, the Gemological Institute of America.
If you’ve decided that a lab-grown diamond engagement ring is the right choice for you, then read about the best places to buy lab-grown diamond engagement rings in 2023. Need help buying your first lab-grown diamond? Read our guide to buying a lab-grown diamond engagement ring online.