How To Pay Less For Diamonds While Still Satisfying Your Taste For Quality

In general, most people love diamonds, but are deterred by the cost of owning them. The once popular synthetic cubic zirconia (CZ), an inexpensive option, is heavy and lacks the brilliance that makes diamonds so desirable. In large sizes, CZs don’t even look real to the naked eye. How, then, can one purchase the fire and sparkle at a reasonable price? Lab-created gems have come of age. They are no longer poor substitutes for the real thing – they are the real thing. In fact, they go one step farther — these stones are flawless.

Lab produced stones, often called “cultured” diamonds, are the same carbon crystals that can be found in diamond mines. They have identical chemical, optical and physical properties to stones that occurred naturally, and this results in them having the same brilliance, sparkle, fire and scintillation. The Gemological Institute of America (GIA) grades cultured gems by the same standards it uses for the mined ones. In fact, the GIA acknowledges that these ARE genuine diamonds. The only difference is the rating will describe the stones as “laboratory grown.”

In nature, colored diamonds rarely occur. These are the result of certain impurities – nitrogen will create yellow, boron will create blue, and so forth. Because there are so few colored natural stones of high quality, they are quite expensive. However, lab produced stones are readily available in several different colors. In addition to being flawless, the cost for cultured colored diamonds is similar to the cost for colorless stones.

Man-made diamonds are available for purchase loose, or already set in jewelry of every kind. However, you probably won’t find these cultured stones in the majority of jewelry or department stores. They have only recently been released into the market, and still represent only a small fraction of the total diamonds available.

Some differences to be aware of with man-made diamonds include: 1. They are generally available in 1-2 carat weights. Larger stones are made, but are the exception, rather than the rule. 2. Most man-made stones are colored, rather than colorless – exactly the opposite of what occurs in nature. 3. Experts can detect that these gems are “synthetic” but special equipment is required to be sure and this equipment is expensive. 4. It is not difficult to find “matched pairs” of identical stones for use in jewelry. This of course has historically been very difficult and expensive in natural stones.

If you are concerned that someone may try to pass off a created diamond you are interested in purchasing as “the real thing,” rest assured that this scenario is not all that likely. Firstly, lab-grown diamond producers are very proud of the gems they are able to create. Secondly, cultured diamonds are absolutely genuine, not “cheap” imitations. Thirdly, the difference between natural and cultured is detectable. Finally, jewelers have every incentive to preserve the integrity of the natural diamond market. Thus, a jeweler will readily help you identify the stone in question.

While lab-created gems are available less expensively than natural stones, they are not priced anywhere near as low as cheap CZ. Expect to pay about one third less for lab produced diamonds than for natural ones. Cultured diamonds are readily available through websites that openly and proudly announce that their stones are lab-grown. However, just like any other online purchase, carefully check out the vendor prior to your purchase to make sure they are reputable.

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