Lab Grown Diamond Value
With lab created diamonds the resale value is minimal.
Lab grown diamond value. Synthetic diamond prices are generally lower than natural diamonds and the price of lab created diamonds continues to drop as much as 30 in a year. Take a look at this stunning 2 77ct lab created diamond. Lab grown diamonds are created by using one of two methods. How are lab grown diamonds created.
This is due to lab grown diamonds not having any resale value and that the demand for lab grown diamonds continues to decrease. Since lab diamonds are a more recent introduction to the market there is more uncertainty on future pricing when compared to natural diamonds. Lab grown diamonds can be distinguished from natural diamonds if specialized equipment is used to test them. The second section of this article will explain how diamond prices are determined and calculated.
The wholesale and retail prices chart below is petra gems best average estimates based on data of leading diamond suppliers and. Lab grown diamonds are real diamonds that are eco friendly conflict free and a great value. Before we discuss the resale value of a lab diamond we must discuss the resale value of a mined diamond. While all diamonds certainly have resale value after purchase markets can be volatile and resale conditions unfavorable leading you to lose a lot of money during the sale.
As lab grown diamonds have grown in popularity one of the main questions we receive is whether or not a lab grown diamond can be resold at a later date. For more money than what you paid for it. The resale value of lab grown diamonds. If a natural stone s resale value is between 30 50 percent of its purchase price a lab grown diamond s resale value is next to nothing.
Even the best gemmologists in the world can t tell the difference. Lab grown diamond company identical to a mined diamond. What are lab grown diamonds. Eco friendly and conflict free.
Diamonds depreciate by about half the minute you walk out of the jewelers. Best value for money. They have the same physical and chemical properties and appearance of naturally mined diamonds. The most ethical choice when buying a diamond.
Excluding investment grade mined diamonds it is virtually impossible to sell a mined diamond purchased in the last decade for a profit relative to inflation i e. Please let us be clear buying an engagement ring or diamond regardless of origin with the intent to sell it in the future is not a good investment but it s not a worthless purchase. Jewelers don t want to buy back lab grown diamonds and if you try to sell them on ebay you ll get pennies on the dollar. As a general rule jewelers do not purchase synthetic and you ll get pennies trying to sell your stone online.
The price of lab created diamonds have dropped in recent years and we predict that trend will continue. But buying any diamond lab grown or mined with the intent to sell it at a later time is not a good idea.