Absolutely! Lab grown diamonds can cost 75% less on average than mined diamonds of comparable quality. This price discrepancy results from the higher expense of mining diamonds from the earth compared to growing them in a lab. After they are extracted, both mined and lab grown diamonds undergo identical processes, including cutting, polishing, grading, certification, and transportation. As a result, the price gap between the two is exclusively a reflection of their respective production costs for rough diamonds and not due to any differences in processing.

To sum up, yes, the most effective way to secure a good deal on lab grown diamonds in New Zealand is by purchasing from a specialized company that exclusively deals in them. Specialized companies can offer superior service and products, making it beneficial to deal with them directly when interested in buying or learning more about lab grown diamonds.

Without question, lab grown diamonds are genuine diamonds. They are produced using the same chemical and physical processes found in nature, but under controlled laboratory conditions, where a diamond crystal seed is gradually expanded with additional carbon atoms. From a scientific standpoint, lab grown diamonds are chemically, physically, and optically identical to mined diamonds, and are thus considered authentic diamonds. The leading diamond authorities, IGI and GIA, evaluate lab made diamonds according to the same scale and methodology used to grade mined diamonds, further confirming their legitimacy.

Lab grown diamonds are consistently more affordable than diamonds mined from the earth. The extent of the price difference is influenced by several factors such as the diamond's size, quality, and specific type, but on average, lab made diamonds in New Zealand can cost around 75% less than mined diamonds. This is due to the lower cost of producing rough lab grown diamonds compared to the expense of mining and extracting rough mined diamonds from the earth. However, both lab grown and mined diamonds must undergo the same processes, including cutting, polishing, and certification, to become retail-ready, regardless of their origin. For instance, you can save significantly by opting for a lab grown diamond over a mined diamond. A mined diamond may cost $10,000, while an equivalent lab grown diamond might only cost $2,500.

Lab grown and mined diamonds are indistinguishable from each other. The same testing methods used to examine mined diamonds are also applied to lab grown diamonds. Both diamonds are chemically, physically, and optically identical, and display the same attributes and features when tested. These characteristics include hardness, refractive index, thermal conductivity, and other distinguishing characteristics of diamonds, regardless of whether they are mined or man made.

Inclusions can be found in both lab grown and mined diamonds. These are mined flaws that are typically present within diamonds. These imperfections come in various forms, including small bubbles or carbon deposits trapped inside the diamond during its formation. In the same way as mined diamonds, most lab grown diamonds have inclusions, and only a few become entirely flawless. For further details on diamond clarity, please refer to our 4Cs guide.

Yes you can, it’s the same as insuring a mined diamond. You can obtain insurance for your lab grown diamond in NZ through almost any insurance as long as they insure jewellery. Typically, your insurance policy will cover the cost of replacing or repairing your ring in the event of loss, theft, or damage. It is important to read the terms of your insurance policy carefully to understand what is and is not covered.

In recent years, the diamond industry has undergone significant changes with the introduction of reliable methods for growing diamonds in laboratories. As a result, obtaining rough diamonds no longer requires mining the land, which has long been the only way to acquire these precious stones. Traditional diamond mining has been shown to cause environmental destruction, disrupt ecosystems, and waste significant amounts of water and energy. In contrast, lab grown diamonds are produced in a controlled laboratory environment and do not require the mining and extraction of mined resources, resulting in no environmental impact. For the planet to heal, a complete halt to diamond mining is necessary, and lab grown diamonds are the most practical alternative to achieve this. If you would like to learn more about ethical diamonds and eco friendly diamonds, please visit our section on the topic.

Lab grown diamonds, in contrast to earth-mined diamonds or "Blood Diamonds," do not lead to conflict or human rights abuses. The incorporation of lab grown diamonds into the worldwide diamond market is crucial in the battle against blood diamonds. While this transformation will be a difficult and long-term process, industry experts believe it represents a significant move toward developing a sustainable diamond industry. Novita Diamond's chief gemmologist provides a more comprehensive examination of blood diamonds in our blog.

Mined diamonds extracted from the earth are always irregular in shape and size, which can compel cutters to compromise on quality to achieve the desired carat weight. It's important to remember that the carat weight is the primary factor that determines a diamond's value. However, lab grown diamonds can be produced in appropriate sizes for cutters to work with, enabling them to create well-proportioned diamonds without sacrificing quality for carat weight. Our resources provide more information about diamond cut , which can help you better understand this process.

There is no monopoly or price manipulation on lab diamonds, as they are not controlled by a single entity like De Beers. Unlike mined diamonds, lab grown diamonds are not subject to price manipulation or monopolies, making them fairly priced and valued on a global scale. It's been proven in court that the mined diamond industry has a history of price manipulation due to De Beers' monopoly. However, lab grown diamonds sold in New Zealand or anywhere else in the world are not subject to such practices. To learn more about the impact of De Beers' monopoly of mined diamonds and explore how it transformed the world of diamonds.