How to Buy Lab Grown Diamonds in the UK
When you purchase a diamond, it is important to know that laboratory grown diamonds go through the same certification and grading process as natural diamonds. You can see the clarity and colour ratings on the product listing. Some labs may offer more information on their web site, or you can visit Instagram to get their content. A good way to find out more about a lab diamond is to visit their Instagram page.
Laboratory-grown diamonds
Dress for success is an important matter. If you’re looking for a diamond with sparkling brilliance, look no further than lab-grown stones. If you know what to look for, you can find some beautiful, sparkling stones at affordable prices. Using the four-Cs industry grading system, these diamonds are a great alternative to mined ones. In addition, they don’t have the conflicts and destructive processes associated with mining.
Although mined diamonds make up only 30% of the UK’s diamond market, they are often the first choice of young people. This is because mined diamonds are often produced with high environmental and humanitarian costs. Lab-grown diamonds are more sustainable and are far more affordable. The Queen herself wore lab-grown diamond drop earrings in a black and white dress to celebrate her engagement to Prince Harry.
GIA certification
A GIA-certified lab grown diamond is one of the most reliable ways to buy a diamond without a second thought. Lab grown diamonds are crafted in a laboratory and come with a full quality assessment and plotted clarity diagram. In addition, these diamonds are laser inscribed with the terms “Laboratory-Grown” and “GIA report number.” You can find this information on the girdle of the diamond.
Originally, consumers considered lab grown diamonds as cheap but these days, two-thirds of the population aged twenty-four and above are open to the idea. This is largely due to sticker shock when purchasing natural diamonds. With a price tag of thirty to forty percent, lab-grown diamonds can be the perfect alternative to natural diamonds. Not only are they cheaper, but they’re also guaranteed to be ethically sourced.
Carbon emissions
The Federal Trade Commission has warned lab diamond companies that they should not advertise the environmental benefits of their products. However, companies such as Ada Diamonds and Leonardo DiCaprio’s Diamond Foundry are claiming they are carbon neutral and use renewable energy. The companies are also promoting the fact that their diamonds have no traceable carbon emissions. As a result, the U.S. government and environmental organizations are increasingly concerned about the carbon footprint of diamond mining.
Despite the concerns, the diamond industry is already doing its part to address the issue. The world’s largest diamond producer, De Beers, announced plans to operate a carbon-neutral mine in 2017. The FTC has also warned lab grown diamonds UK manufacturers over environmental claims. For every polished carat of mined diamonds, approximately 160 kgs of C02 are emitted. Lab grown diamonds, however, have a carbon footprint of 511 kg per polished carat.
Cost
The high cost of mined diamonds is turning young people away from buying jewelry made of them. The mined diamond industry has very high humanitarian and environmental costs. But lab-grown diamonds are less expensive and more environmentally friendly. In fact, the Princess of Wales is one of the most well-known supporters of lab-grown diamonds, and she wears them proudly. In fact, she even wears lab-grown diamond drop earrings on her royal wedding day.
The cost of lab-grown diamonds is still higher than the price of natural diamonds. At the start of 2017, a two-carat lab-grown diamond could cost as much as $1,800. But prices have come down dramatically since then. At James Allen, you can get a lab-grown diamond for $890, while the same-quality natural diamond costs $1,800. This difference is significant and makes it worth considering lab-grown diamonds if you have the money.
Fashion collaborations
Two London-based companies have recently collaborated to bring fashion to the masses. The former, Ainsworth Jewellers, sells lab-grown diamond earrings. The collection includes rose, yellow and white gold pieces, as well as jewels made of ice cubes, martini glasses, and even a private banker. The company also partners with dress for success to create dresses highlighting its latest collections.
Conclusion
Laura Chavez, a graduate of a part-time jewellery course at Hatton Garden and a London Business School MBA, learned about the dangers of lab-grown diamonds while working in the industry. She found that there were only two other companies in the UK that used lab-grown diamonds as part of their engagement rings. So, she decided to start her own company. Although lab-grown diamonds are ethical, they lack the rarity and glamour associated with natural diamonds.
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