While lab grown diamonds are still expensive compared to, say, an iPhone, they sell for ~50% less than a comparable mined diamond. A 2-carat lab created diamond might cost around $10,000 vs. $22,000 for a mined diamond.
How much does a 2 carat lab grown diamond cost?
Unlike natural diamonds, the price of a lab-grown diamond does not increase exponentially with carat size. A round-cut, 2-carat natural diamond starts at about $14,000. You can get a similar lab-grown diamond for about half the cost.
Are lab created diamonds worth anything?
Are Lab Grown Diamonds a Good Investment? … Many traditional jewelers tell customers that lab created diamonds have absolutely no value, but this could not be further from the truth. Most earth mined diamonds have resale value, and most lab created diamonds will have a similar resale value as well.
How much does a lab diamond cost?
Today, it costs $300 to $500 per carat to produce a CVD lab-grown diamond, compared with $4,000 per carat in 2008, according to a report commissioned by the Antwerp World Diamond Centre. Lab-grown diamonds are a rapidly growing trend in the industry.
What’s the markup on lab grown diamonds?
The average gross margin on lab-grown diamonds is 52 percent, Golan’s research shows.
Can a jeweler tell if a diamond is lab created?
Can a Jeweler Tell That a Diamond is Lab Grown? No. Ada’s lab diamonds and natural diamonds of the same quality look the same, even to a trained eye. Traditional jewelers’ tools such as microscopes or loupes cannot detect the difference between a laboratory-grown diamond and a natural, mined diamond.
Why do lab created diamonds have no resale value?
Back at the Lab
Unfortunately the market for lab created diamonds just isn’t powerful or large enough yet to command similar commodity pricing, and even the retailers who will buy back used diamonds often just flat out won’t accept lab created stones.