As the popularity of lab-grown diamonds has grown, one of the most common questions we receive is whether they can be resold at a later date, and if so, what they can expect for the resale value of lab-grown diamonds. To be clear, buying an engagement ring or diamond with the intention of selling it later is not a good investment, but it is also not a worthless purchase.
Unfortunately, earth-mined diamond jewellers have used this misunderstanding as one of their main selling points over the last 50 years, which has influenced how the resale value of Lab-Grown Diamonds is perceived. Customers are told that their diamonds are not only a personal treasure, but also a valuable treasure, so that they can resell them for an amount equal to or greater than what was originally paid.
Lab-Grown Diamonds are extremely valuable. Scientists, laboratories, engineers, equipment, time, effort, and expertise are all factors that contribute to the production of some of the world's best diamonds.
The fact that lab-grown diamonds are up to 40% less expensive than mined diamonds is not because they are of lower quality; in fact, they are of higher quality than 97% of mined diamonds. Because the supply chain for lab-grown diamonds is much shorter, they are less expensive. We'll go over that in more detail later.
Diamonds mined on the earth can change hands 20 times and travel across five continents before reaching the consumer. Consumers are forced to pay for each incremental markup in the long chain of exchanges, in addition to all of the humanitarian and environmental issues associated with the purchase of earth-mined diamonds. The shorter distance between origin and retail purchase for lab-grown diamonds results in significantly lower pricing.
Most earth-mined diamond retailers are firmly entrenched in traditional diamond marketing practises. They don't want to upset the apple cart by offering favourable pricing on Lab-Grown Diamonds. Offering lab-grown diamonds alongside earth-mined diamonds would most likely sway consumers to buy the former, causing retailers to lose sales of the overpriced diamonds in their inventory.
The primary advantage of providing lab-grown diamond jewellery to your customers can be summed up in one word: choice. Your best bet is to offer both natural and lab-grown diamonds, explain the differences, and let the customer decide. With the introduction of lab-grown diamonds into the market, many jewellers chose a "either/or" position when they should have positioned the product as "and."
Everything these days has a sustainable substitute and is heavily promoted, whether it is clothing, lifestyle, automobiles, or the jewellery industry (to be specific diamonds). Lab grown diamonds are unquestionably making their mark in the jewellery industry around the world.
These diamonds are man-made and share the same properties as their mined counterparts, all thanks to advanced technology. More and more millennials are embracing lab diamonds, thereby supporting environmentally responsible practises. Furthermore, the rapid rise in sustainable alternatives has resulted in tremendous growth in the industry.
Choosing a lab-created diamond is ultimately a personal decision. Many people nowadays do not want jewellery that may contain blood diamonds, so lab diamonds are excellent alternatives to get the same look while knowing it was grown ethically. As a leading lab grown diamond manufacturer, we believe that purchasing diamonds is an emotional purchase and that this is where their true value lies.
We are all aware that diamonds can instantly transform our appearance from dull to glam. However, not everyone can afford to purchase this pricey piece of stone. As a result, lab-grown diamonds are the new trend in the market. Whether you purchase earrings, an engagement ring, or a bridal set, the lab grown diamonds embedded in your metal will give you a never-before-seen aura. Bhanderi Lab offers the best lab diamonds to express your love and commitment in the most exuberant and romantic way possible!
Except for their origin, lab grown diamonds are exact replicas of naturally extracted diamonds. They are both made of pure carbon and have a high level of durability and transparency. However, man-made diamonds are less expensive and will not break the bank. As a result, you can now have the allure and grace of wearing a diamond without breaking the bank. Diamonds grown in laboratories and naturally extracted diamonds are graded in the same way by some of the world's most prestigious grading institutions.
In the Carbon Vapor Deposition process, a diamond seed is placed inside a vacuum chamber. After being filled with carbon-rich gases, the vacuum chamber is heated to nearly 1500 degrees Fahrenheit. Due to the use of extremely high temperatures, the carbon-rich gas inside the chamber transforms into plasma. Carbon fragments are released from the carbon-rich gas that was converted into plasma. Carbon fragments rain down on the diamond seed, causing it to grow.
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