New Sparkle in Diamond Industry

 


Who doesn’t like sparkling gems? As a signature of beauty people have been using gems from a long time ago! Even in today's world diamond is a very popular choice among people both as a jewelry and as a form of asset. But in the world of modern technology where anything can be replicated identically, here are a few facts on the fairly new phenomenon in diamond industry- the lab grown diamonds.

The Outer Look

Although they are manmade, no one can tell the difference with bare eyes. Even expert gemologist will have to take a test with UV machine to tell if they are natural or not. Which means both natural and man-made diamonds look exactly same. Even the creating components are same for the both. They also provide the same optical and chemical properties as natural diamonds.

Value

Just as regular diamonds they are also priced according to their carat weight. So, the higher the diamond carat weights the higher price one will have to pay to buy that. But, there’s a catch! Manmade diamonds are usually priced at 25% to 30% lower than the naturally obtained diamonds. So, choosing it can give you a good amount of discount the next time you are buying a gift for yourself or your loved one.

Uses

These diamonds can be used just like their natural counterparts. It has become a popular choice for diamond lovers to use in their ornaments. Diamonds are always a popular choice in wedding rings. Diamonds are the hardest material on earth. so, these diamonds are also being used in many industrial machineries to cut, drill or shape other stuff as well as diamonds. As a matter of fact, most of the industrially used diamonds are manmade.

Resale Value

The resale value of any gems falls very quickly. The prices can depreciate as much as 50% as soon as the stone leaves the shop. As for the lab grown diamonds the resale prices can fall much lower. Most often their resale prices are much lower than their wholesale price. So, they are best kept at the owner's collection rather than trying to sale them.

 

 

 Although the idea of diamonds which do not come from mines is fairly new people are accepting this idea worldwide. These manmade diamonds hold a positive feedback for the economy and the nature.

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