How Much Does A 2-Carat Lab-Grown Diamond Cost?
Since their introduction, lab-grown diamonds have raised concerns about the environment and the cost-effectiveness of romantic relationships. However, it is unquestionably the future. Therefore, if you are one of those who approve of lab-grown diamonds, it would be ideal for testing them out for your proposal surprise, birthday treat, or special someone who means a lot to you.
How Much Does A 2-Carat Lab-Grown Diamond Cost?
The price of a 2-carat diamond will typically vary significantly based on its shape, cut quality, clarity, color, and whether it was created in a lab or naturally. As a result, it can cost anything between $5,000 and $50,000 or more.
Lab-Grown Diamonds: The Basics
Unlike natural diamonds, which are mined, lab-grown (or synthetic) diamonds are made in a laboratory. Unlike imitation diamonds like moissanite or cubic zirconia, lab-grown diamonds are genuine. They are lovely gem-quality stones with the same chemical makeup and structure as genuine diamonds.
High pressure/high temperature (HPHT) and chemical vapor deposition are the two main processes used to produce lab-grown diamonds (CVD). Diamonds develop using both techniques over several days to weeks. This is instantaneous compared to the thousands of years it takes for natural diamonds to develop
In contrast to genuine diamonds, a lab-grown diamond’s price does not rise exponentially with carat size—a 2-carat natural diamond with a round cut costs over $14,000. A comparable lab-grown diamond is around half as expensive. Consider a lab-grown diamond if you want a sizable stone for your engagement ring or a statement piece of jewelry.
Natural fancy-colored diamonds are much more expensive than lab-grown diamonds, which can also be tinted. If you want a fancy-colored blue or pink diamond but don’t want to pay a high price, they are a fantastic option.
Lab-grown diamonds have minimal to no resale value, which is one drawback. More lab-grown diamonds can be produced at any time, unlike natural diamonds. In addition, the cost of lab-grown diamonds has decreased over time due to technological advancements that have made it simpler to produce diamonds in a laboratory. (Natural diamonds also have minimal value as an investment or for resale.)
The CUT, along with lab-grown diamonds, is commonly quoted as the most significant element affecting a diamond’s value other than its carat. Therefore, any 2-carat diamond ring with an ideal or outstanding cut is a superior option for engagement rings because it will interact with light better and emit more fire and scintillation.
The diamond’s shape needs to be included. For example, a 2-carat princess-shaped lab-grown diamond would cost three times as much as a lab-grown diamond with the same VS1 clarity, D color, and IDEAL cut.
CLARITY is concerned with the purity or caliber of the stone, such as if a diamond contains inclusions, blemishes, or any other apparent flaws. Regarding price, VS1 and VS2 standards are preferred over VVS and FL diamonds when buying a 2-carat lab-grown diamond. Since VS series diamonds are typically invisible to the unaided eye, they are an excellent choice if money is an issue.
When evaluating the quality of lab-grown diamonds, color is an additional crucial element. Lab-grown diamonds are rated from D to Z according to IGI grading. In the meanwhile, diamonds with a higher grade will cost more. However, selecting a 2-carat diamond from the D, E, or F range (colorless) is preferable to the G-J range. Because 2 carat is so large, it will be more evident if the colors are off. The value and beauty of a diamond are determined by its quality. Under bright lighting, diamonds in the G to J range that are nearly colorless will exhibit a slight yellow glow.
Buying Lab-Grown Diamonds Online
A lab-grown diamond can be purchased online in a manner that is remarkably similar to that of a natural diamond. Before making a purchase, always research the diamond’s qualities. Reputable internet vendors will provide comprehensive details about the diamond’s cut, color, clarity, and dimensions.
Be sure to check out the diamond’s photos and videos as well. You can view the full diamond and how it responds to light in high-resolution images and videos of lab-grown diamonds from James Allen, Ritani, and With clarity.
Pros Of Buying A Lab-Grown Diamond
Because lab-grown diamonds cost between 30 and 50% less than natural diamonds, you can feasibly buy a much larger diamond. The difference cannot be seen with the naked eye when comparing a Lab Grown Diamond with a Natural Diamond with identical 4 C properties. Lab-grown diamonds’ physical and chemical characteristics are identical to those of natural diamonds, making them just as brilliant.
Are lab-grown diamonds more morally superior? Since no mining is involved, some people believe lab-grown diamonds are more morally acceptable. However, the 2003 implementation of The Kimberley Process has effectively stopped the flow of conflict diamonds.
A Lab Grown Diamond is a good substitute for a more expensive Natural Diamond if your priority is different from the diamond’s potential for resale. Having said that, you’ll get more value for your money.
Cons Of Buying A Lab-Grown Diamond
The rarity of a natural diamond is significant. Because there is a limited supply, a natural diamond will often retain its value better than a lab-grown diamond. According to the fundamental principles of supply and demand, the value rises as demand rises, particularly when supply is constrained. Although grown diamonds can be manufactured, their value may not hold over time, which means that if the market becomes oversaturated, resale values may continue to decline.
A lab-grown diamond avoids the moral and ethical dilemmas associated with natural diamond mining; however, lab-grown diamonds also have sustainability difficulties. Because producing a diamond requires such high heat, an HPHT-treated diamond requires enormous quantities of energy. The energy needed for the CVD approach is equivalent to that needed to power a house for one month.
Can I purchase a lab-grown diamond?
Yes, of course. The quality of lab-grown diamonds is on par with that of natural diamonds.
How well do lab-grown diamonds age?
The characteristics of lab-grown diamonds are the same as those of mined diamonds. Therefore, if they ever do deteriorate, it will be for the same reason that mined diamonds do.
How much should you pay for a 2 carat diamond?
The price of a 2 carat diamond will typically vary greatly based on its shape, cut quality, clarity, colour, and whether it was created in a lab or naturally. It can cost anything between $5,000 and $50,000 or more.
How much do lab grown diamonds cost?
For instance, the natural, mined form of a 1 carat diamond with superb cut, H colour, and beautiful SI1 clarity would cost approximately $6,100 while the lab-grown equivalent would cost approximately $2,300 for comparable or higher quality.
Will lab diamonds get cheaper?
When comparing the same quality real diamonds, lab diamonds can be up to 75% less expensive. Given that the price of lab diamonds is declining, this percentage is probably going to keep rising. Estimates from just one year ago ranged between 50% and 70%.