Laboratory Grown Diamonds
Malashock's is now offering laboratory grown (laboratory created) diamonds!
Laboratory grown diamonds are an excellent option for many people. They offer the same physical properties as their natural counterpart, but they are created in laboratories instead of nature.
What do lab grown diamonds have in common with natural diamonds?
The simple answer is nearly everything. They are optically and chemically identical. They have the same hardness, durability and brilliant sparkle. They can be set in every mounting that a natural diamond can, including tension settings. They are diamonds!
What are the differences between laboratory grown diamonds and natural diamonds?
While the two are essentially identical objects, many people find some of the more intangible aspects of owning a natural diamond to be a large part of their appeal. Natural diamonds are very old and very rare. Nearly every diamond that exists today began forming over one billion years ago. Most formed at around 100 miles below the surface of the earth, and have endured unbelievable temperatures and pressures. By contrast, most laboratory grown diamonds are created in mere weeks. In addition, whereas every natural diamond that will every exist (on earth) has likely already been created, there are few limits as to how many laboratory grown diamonds can be created over time.
What are other issues I might use in selecting which option is right for me?
Historically, there have been some extremely disturbing practices in bringing many natural diamonds to the market. While great strides have been made to insure that today's diamonds are ethically mined, there is always some likelyhood that unethical practices are still a part of some mining operations. In addition, many of the companies that were responsible for these practices and conditions are still in operation, and with most natural diamonds, you have no way to know if these operations are profitting from your purchase.
In addition, there are environmental issues and differences. Most diamonds are mined in very large operations that can be extremely detrimental to the regions they are mined in, if not the world. A much more detailed analysis of these impacts is available at this Ohio State University webpage.
Laboratory grown diamonds are not without their potentially negative environmental impacts as well. They require an enormous amount of energy to produce, and there are often environmental impacts in generating the amount of electricity these facilities require.
Finally, there is a very large difference in both the cost of ownership and the long-term "value" between the two. Historically, natural diamonds have risen in value over time. They are rare, and all indications are that the total number of natural diamonds that will ever exist is quite finite and very limited. We do not, nor have we ever, recommended purchasing diamonds (or any jewelry) as an investment; but the reality is that they will likely become more costly over time.
Laboratory grown diamonds, on the other hand, appear to be only limited by technology and time. There is a very good chance that laboratory created diamonds will become less expensive to buy over time. Nobody knows how inexpensive they will become as the technology to produce them becomes better and cheaper. While nearly every other item we purchase depreciates (and begins wearing out) from the moment we buy it; many people have trouble accepting this with diamonds. The price difference between the two often more than compensates for this possibility for many people.
How much difference is their in price between a laboratory grown versus a natural diamond?
A substantial difference. The difference will vary considerably with different sizes, shapes, and qualities; but in every case, a laboratory grown diamond will be much less expensive than a comparable natural diamond.
Stop in our store to see what your options are. Whether you choose a natural diamond, or a laboratory grown diamond, our experts will help guide you to the right decision.