Lab Grown Diamonds vs. Earth Mined/Natural Diamonds

Lab Grown Diamonds vs. Earth Mined/Natural Diamonds

Posted by Jasmine Wallace Carter on

What are Lab Grown Diamonds?

Are lab grown diamonds actually diamonds? Yes! Lab diamonds are diamonds created in a laboratory using advanced technological processes that mimic earth mined diamonds. These diamonds have the same physical, chemical, and optical properties as natural diamonds so they are indeed diamonds, certified as lab grown diamonds to specify their origin. A moissanite is not a lab grown diamond- moissanite is another gemstone that is very similar. Only a diamond is a diamond. "Lab grown diamond" includes the word "diamond" on GIA and IGI certificates because they are authentic diamonds, and moissanite is certified as moissanite.

What are Natural Diamonds?

Natural diamonds are formed deep within the Earth's mantle under high pressure and temperature over billions of years. They are mined from the Earth's surface or extracted from deep underground mines.

balacia lab grown diamonds compared to natural earth mined diamond engagement rings

Comparison: Lab Grown Diamonds vs. Natural Diamonds

When it comes to choosing between lab grown diamonds and natural diamonds, there are several factors to consider:

1. Price

Lab grown diamonds are more affordable than natural diamonds. The cost of producing lab grown diamonds is lower, as they can be created in a controlled environment. On the other hand, natural diamonds are more rare and require extensive mining efforts, making them up much more expensive.

For example, a 2 carat lab grown diamond ring could be $4,000 and that same ring with an earth mined diamond could be $25,000.

2. Origin

Lab grown diamonds are created in a laboratory, while natural diamonds are formed naturally within the Earth. Some people prefer the idea of owning a diamond that has been created by nature over billions of years, while others appreciate the technological advancements behind lab grown diamonds.

3. Quality

Both lab grown diamonds and natural diamonds can be excellent or poor quality. Lab grown diamonds are created under controlled conditions, allowing for precise control over their characteristics. Natural diamonds, on the other hand, have unique characteristics shaped by natural processes and usually have natural flaws.

4. Environmental Impact

Lab grown diamonds have been said to have a lower environmental impact compared to natural diamonds. The mining of natural diamonds can have significant ecological consequences, including habitat destruction and water pollution. Lab grown diamonds may require less energy and have a smaller carbon footprint.

balacia lab grown diamonds and natural diamonds

Pros and Cons of Lab Grown Diamonds

Pros:

  • More affordable
  • Environmentally friendly
  • Conflict-free

Cons:

  • Lack of rarity (earth mined diamonds aren't necessarily rare but they are more rare)
  • Less valuable (since they're more affordable)

Pros and Cons of Natural Diamonds

Pros:

  • Natural rarity and uniqueness (some people like flaws and think that makes it unique, however, at Balacia we use eye-clean/flawless diamonds)
  • Symbol of luxury and status due to the price-point/value

Cons:

  • Much higher cost
  • Environmental impact (debatable) 

balacia oval diamond ring

Conclusion

Choosing between lab grown diamonds and natural diamonds ultimately depends on personal preferences and values. A diamond is a diamond so you can't go wrong either way. Lab grown diamonds offer affordability and environmental friendliness, while natural diamonds possess natural rarity. Consider your priorities and make an informed decision based on the factors that matter most to you and your partner.

Balacia offers both earth mined natural and lab grown diamonds so consumers can choose whichever they'd prefer. Over 90% of Balacia customers choose lab grown diamonds to get an authentic diamond at a great price. For example, a 3 carat lab grown diamond ring could cost $5,500 or earth mined it could be $45,000.

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