Unlike in the past, lab-grown diamonds are increasingly becoming popular today. People are now shifting their attention to these cultured diamonds because of many reasons. One of them is because they are less expensive than mined diamonds of comparable quality and size. There are several other reasons to consider buying cultured diamonds. However, before you go ahead to start shopping for them, here’s a burning question – do you know how to determine the values of these diamonds?

As you read further, you’ll discover a few effective ways to figure out the prices of lab-created diamonds and how to start buying on LG Deal.

What exactly are lab-made diamonds?

Before going ahead to discuss the factors that affect the prices of cultured diamonds, here’s a quick question; what exactly are lab-made diamonds?

In simple terms, these diamonds are manufactured in a controlled technological process. They mirror the qualities and physical appearance of mined diamonds. Like the natural stones, these cultured diamonds also consist of carbon atom structures. These carbon atom structures have the same chemical and physical properties as those of natural diamonds.

The biggest difference between lab/cultured diamonds and natural diamonds can be seen in their production process. As you already know, experts produce natural stones by extracting them through alluvial, marine, and pipe mining. Of course, these processes require the use of various machinery and equipment. On the other hand, lab diamonds are generally manufactured inside the laboratory. Scientists often produce them by subjecting carbon atoms to high-pressure and high temperatures to convert them into diamond crystals.

Factors that influence the prices of synthetic diamonds

Today, many factors can influence the prices of lab-cultured diamonds. For instance, their prices can either go up or down depending on the shape of the stones. Let’s check out the other factors below:

Shape & cut

The shape of a diamond can always influence its price. According to experts, round-cut diamonds are the most expensive cultured diamonds out there. They sell at a high price partly because they offer their buyers the most brilliance and sparkle. Other expensive shapes for lab-grown diamonds are Asscher and Oval.

Apart from shapes, “cut” can also influence the prices of these diamonds. In case you don’t know, “cut” means how well the diamonds reflect light. Some of the best cuts, such as hearts and arrows, have greater symmetry and cost more than other diamonds.

Color

Another factor that influences the price of these cultured diamonds is color. According to IGI, diamond colors are classified on a scale of D to Z. Any diamond classified as “Z” has a brown tint or yellow color. As for “D” colored diamonds, they are colorless and tend to cost more. Research has it that only 8 percent of diamond buyers go for D colors.

Carat weight

You can never purchase a diamond without talking about its carat weight. This factor also influences the overall price of synthetic diamonds. The general rule says the prices of cultured diamonds increase as the weight goes up.

Clarity and certification

Other factors that can influence the prices of these cultured diamonds are clarity and certification. Clarity means how clean and inclusion-free the stone is. If the diamond is free of any inclusion, they usually cost more

Certification can also slightly influence the price of the diamond. IGI-certified stones are very reliable and more expensive than other types of diamonds.

What is the best marketplace to shop for lab-grown diamonds

Unlike natural diamonds, synthetic diamonds only have a few reliable marketplaces where you can buy and sell. One of these marketplaces is LG Deal, a platform where you can buy the best lab-grown diamonds. Trading on this platform is entirely safe and fast.