Are Man-Made Diamonds Cheaper?

shiny diamonds with text 'price difference man-made and mined diamonds'

Man-made diamonds are more affordable than mined diamonds, and the four Cs still apply: cut, clarity, carat, and color.

  • Synthetic diamonds are cheaper than mined diamonds by about 20 to 40 percent on average.

  • Man-made gems share the same physical and chemical properties as natural diamonds.

  • Earth’s precious resources are sacrificed for the pursuit of natural diamonds, therefore lab-made diamonds are a more eco-friendly and ethical choice.

  • Synthetic diamonds are not imitation, or simulated gems – they are real diamonds that last forever.

Are Synthetic Diamonds the Same as Natural Diamonds?

Lab-grown diamonds are becoming a widely popular option on the market, because they are a replica of mined diamonds. However, in sharp contrast to naturally-occurring diamonds, man-made diamonds are much cheaper in cost and pose no threat to the environment. How much cheaper? On average, a patron shopping for a synthetic diamond will save 20-40 percent of the cost of a natural diamond.

What is the Difference Between Natural Diamonds and the Alternatives?

Are synthetic gems right for you? It’s important that you explore all of your options when shopping for a diamond or a diamond alternative.

Simulated Diamonds: Materials used to mimic the look of diamonds, but are not actually diamonds, are known as simulated diamonds. Cubic zirconia and moissanite are the most common simulant diamonds on the market. Their chemical composition is not the same as real diamonds.

On one hand, these types of diamonds are an economical choice – but on the other hand – anyone with an eye for diamonds can quickly distinguish the difference between these and real diamonds. Most simulant diamonds still have impressive sparkle and some people may even prefer their look. However, if you are in the market for an authentic diamond, keep in mind that simulants are not the real deal.

Synthetic (Lab-created) Diamonds: Possessing the same chemical properties of natural earth diamonds, synthetic diamonds are virtually indistinguishable from the real thing. In fact, even the most professional jeweler is unable to tell the difference unless they have specialized equipment to do so.

Lab-created diamonds are sold at more affordable prices than natural diamonds. Plus, these authentic jewels can be made in exotic colors that would normally cost a fortune if the diamond were natural.

Natural (Mined) Diamonds: When you think of diamonds, these Earth-created diamonds are the ones that first come to mind. Available in a variety of qualities, colors, and shapes – these wonders of nature are a result of Earth’s natural elements and processes.

Are Laboratory Diamonds a More Ethical Option?

While many countries, including the United States, have instituted measures to ensure that the diamonds that are sold within the country are not conflict or blood diamonds, critics say that the non-conflict certification process is ineffective. What does this mean? Simply put, currently there is no absolute method to stop the exchange of all diamonds that could potentially fund human rights abuse or war crimes.

In an effort to provide natural diamonds that are truly conflict-free, many jewelers sell what they call “ethical diamonds”. This means that the workers were compensated fairly and that the mining process did not pose a threat to the environment. It’s important to note that this new term and so-called certification is not regulated by a standardized process consistent within the industry, so this may not account for much.

Contrary to the uncertain nature of Earth’s diamonds, lab-created diamonds are free of these concerns. For people that are trying to make a more ethical and environmentally-friendly diamond purchase, the fact that synthetic diamonds are never blood diamonds makes them an appealing choice for a large percentage of consumers.

How Do You Identify the Different Types of Diamonds?

It is the responsibility of the seller to state clearly what type of diamond it is they are selling. Simulant diamonds are labeled according to the type of stone that they are. If you have a keen eye for diamonds, you should be able to tell the difference between authentic diamonds (natural or lab-made) and simulant diamonds.

Because laboratory-grown diamonds and mined-diamonds have the same chemical and physical properties, there is virtually no difference in appearance. Therefore, the seller should indicate the origin of the diamond. Always ask the jeweler what kind of diamond it is you are looking at, and don’t hesitate to ask to see the certification of the diamond. Synthetic diamonds come with an authentication certificate that indicates they are lab-created.

Man-made diamonds are growing in popularity world-wide because they are an ethical and affordable alternative to natural diamonds.

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