Van Scoy Jewelers Owner Caroline Hill Weighs In
Regardless of which side of the fence you are on, it is inevitable that lab-grown diamonds soon will hit the retail market. Synthetic colored gemstones have been in the marketplace for a long time, but recently I have been getting sales calls from manufacturers of lab-grown diamonds. They are not only selling loose diamonds, but also finished jewelry items containing lab-grown diamonds.
In reference to Sunday’s article in the Reading Eagle, http://www.readingeagle.com/money/article/is-your-diamond-from-a-mine-or-a-lab%3F#.WKHbM2cixxI , I agree with Justin in that I am not totally opposed to lab-grown diamonds, but education is key.
Proponents of lab-grown diamonds use analogies such as orchids being grown in greenhouses which are still genuine orchids, or a baby conceived by in-vitro fertilization which is still a human baby. Likewise, a diamond grown in a lab is still a diamond!
Point taken, and herein lies the first problem: a lab-grown diamond is a diamond! It has the same physical, optical and chemical properties of a mined natural diamond. It is graded the same as a natural diamond because it contains the same internal characteristics. This makes lab-grown diamonds almost impossible to identify – even by experienced gemologists.
And while they cost less than an equivalent natural diamond, giving people a less expensive alternative, there is the risk that unscrupulous sellers will misrepresent them as natural diamonds. My best advice to the consumer is always the same: Buy from a reputable store with industry credentials.
An October 2016 survey conducted by MVI Marketing, which focuses on consumers of luxury brands, found that “66% of millennials said they would prefer a lab-grown diamond over a mined diamond for several reasons.”
Here at Van Scoy, we currently sell only genuine gemstones with one exception: Alexandrite. This gem is very rare and demands a higher price, so when making family jewelry we do offer the synthetic to our customers as an alternative.
We want to know how you feel. Would you purchase a lab grown diamond? Please share your opinions.