Man-Made vs Earth Mined Diamonds – 7 Considerations


The hottest topic in the jewelry industry is the controversy over Man-Made vs Earth Mined Diamonds.  Here are a few things to think about…

  1. Lab-grown diamonds are a technology product produced in a factory.

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  1. Lab-grown diamonds will get bigger and cheaper as production technology improves, so the smart consumer should make sure that the jeweler they purchase a synthetic diamond from has a good buy back or upgrade policy.
  2. Lab-grown diamonds currently have no established resale market. This means they will not hold their value.
  3. Natural mined diamonds have a resale market for pre-owned diamonds, whether auctions, dealers, or wholesale buyers.
  4. As technology improves, you will find that the Lab-grown diamond price decrease, making any Lab-grown diamond you already own worth less than when you purchased it. The natural mined diamond value will be affected as well. The price of diamonds (without grading reports) will suffer due to the fact that they can’t be positively identified without lab testing of the mounted diamond. Without a grading report to assure that the diamond was identified as a natural earth mined diamond, a shadow of doubt will impact any value.
  5. The natural diamond market will also be affected by the influx of synthetic diamonds too small to be cost effective to grade or unmount and identify. The natural mined diamond value will be affected as well. The price of diamonds (without grading reports) will suffer due to the fact that they can’t be positively identified without lab testing of the mounted diamond. Without a grading report to assure that the diamond was identified as a natural earth mined diamond, a shadow of doubt will impact any value.
  6. The future of the natural earth mined diamond market will be in larger size diamonds, fancy colored and grading report certified diamonds.

JJLogowithGavel Professional Opinion:

“Lab-grown diamonds provide affordable fashion jewelry that may not be forever, but may be just perfect for your budget right now. With no resale market for pre-owned lab-grown diamonds once you buy it, wear it and enjoy it.”

 

When comparing precious gemstones for purchase it’s always recommended to get an unbiased and independent opinion.  Many jewelers will hold a credit card in exchange for a 24 hour examination period of gemstones or jewelry.  The Jewelry Judge specializes in consulting before an important purchase is made.  Come see the Jewelry Judge before you commit to a purchase.

Book Appointment  On-Line  or  Call 713-961-1432

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