Why Buy Lab Grown Diamonds Debeers?

The lab diamond industry has had a rough few years. But it’s about to get a little bit brighter.

That’s thanks to a new brand launched by De Beers. Known as “Lightbox Jewelry,” the company is launching a line of synthetic diamonds that are a quarter cheaper than mined ones.

Why They’re Different

There are a lot of things that differentiate lab grown diamonds debeers from other diamonds, and it’s not just because they’re man-made. They’re also environmentally friendly, and they’re more ethically conscious than mined diamonds.

As Racked has reported, the mining of natural diamonds has become a touchy topic because it can cause environmental damage and create conflict diamonds. Luckily, thanks to the Kimberley Process that was put into place in 2003, most mined diamonds are now considered responsibly sourced.

Despite the controversy surrounding mined diamonds, many people are choosing to go with lab created diamonds instead. Not only are they more sustainable and ethical, but they’re also less expensive than mined diamonds.

For example, a 1-carat lab created diamond can cost less than $800, whereas a comparable natural diamond may cost thousands of dollars. This makes them an attractive option for millennials looking to get a bigger stone at a lower price.

To make a lab created diamond, gemologists use a synthetic formula that replicates the natural process of how diamonds form in the earth. They do this by growing diamond crystals in controlled conditions, using chemical vapor deposition (CVD) technology.

Once the diamonds are created, they’re cut and polished in a similar way to natural stones. They are then inspected by gemologists to determine their clarity, color, and other properties.

After a diamond has been polished, it’s sent to the retailer where it will be sold to the consumer. The retailer can choose to sell the diamond on its own, or incorporate it into jewelry.

The retailer has access to hundreds of diamond suppliers worldwide, which means they can get a wider variety of diamonds for their customers. They also have a lower inventory costs than jewelers do, so they can offer better prices to their customers.

Lightbox Jewelry is the newest venture from De Beers Group, which has been producing industrial-grade lab-grown diamonds through its production company Element Six for years. Launched in 2018, the brand specializes in jewelry that is affordable and accessible to millennials. The company’s millennial-friendly pastel pink, blue and white lab-grown diamonds are now available in earrings and necklaces that range from $200 to $800.

They’re More Affordable

If you’re looking for a more affordable way to buy diamonds, consider choosing lab grown diamonds. These stones can be as big and beautiful as mined diamonds, but they cost 40 to 50 percent less. Plus, they’re often a great choice for those who want to show off their eco-friendly beliefs by buying diamonds that weren’t mined from the earth.

In some cases, you can also find lab grown diamonds that are more ethical than mined diamonds, meaning that they’re created in an environmentally-friendly manner. This is a huge win for the environment and consumers, as it means that lab-grown diamonds can help alleviate environmental issues caused by mining diamonds from the earth.

But it’s important to note that if you do choose to buy a lab diamond, you should make sure that you get the right size and quality. It’s worth investing in a diamond that has GIA certification, as this will ensure you’re getting the best possible stone for your money.

You can also look into colored lab grown diamonds, which are a great alternative to natural white diamonds. These diamonds have the same chemical and physical properties as mined diamonds, so they’re just as faceted and hard.

While the diamond industry has been a bit wary of lab-grown diamonds in the past, it’s clear that their popularity is growing. In fact, many traditional retailers are adding them to their collections.

One of the biggest factors behind this increase in popularity is the fact that it’s much more affordable than mined diamonds. This is especially true with lab-grown diamonds that are larger than mined diamonds.

This is due to the fact that they can be produced in much larger quantities than mined diamonds can, which results in lower production costs. This, combined with the fact that lab-grown diamonds are generally better quality than mined diamonds, can lead to them being much cheaper overall.

In addition, the cost of shipping these diamonds is typically a lot lower than mined diamonds, which can mean that you’re able to save even more money. And if you’re planning on buying a larger diamond, the savings can really add up.

They’re Eco-Friendly

There are many reasons to choose lab grown diamonds debeers over mined ones, but one of the most important is that they are more environmentally friendly. They require far less energy to produce than their mined counterparts, and they can use renewable resources for their energy needs.

Lab-grown diamonds are created in a laboratory using a process called HPHT, which uses graphite and metals to grow the stone. This type of growing method requires less energy than CVD, which utilizes methane (greenhouse gas) to create the stone.

Compared to mined diamonds, lab-grown ones are also more durable. They can withstand more pressure and are ten times harder than mined diamonds, making them better for rings and other jewelry.

In addition, lab-grown diamonds are more affordable than mined diamonds. Consumers looking for a great deal are turning to synthetic stones, which can cost as much as 75 percent less than their man-made competitors.

Lightbox CEO Steve Coe says that his company’s Oregon factory is located in a place that can use renewable sources of energy and doesn’t get too hot in the summer, all of which makes it a good choice for a lab-grown diamonds factory. Its location also allows for a lower per-kilowatt cost of energy than other lab-grown diamond factories.

Its stones are also HPHT treated post-growth, which improves their color saturation and consistency. And it’s also treating all of its 2-carat and diamonds in its “Finest” line to HPHT to improve their clarity.

Despite the many benefits of lab-grown diamonds, De Beers still has a lot of work to do to convince consumers that they are as eco-friendly as their mined counterparts. According to a September 2021 article in Harvard Business Review, selling luxury goods as eco-friendly can be difficult.

But it’s clear that De Beers is doing its best to overcome this challenge. As a result, it has launched a new subsidiary, Lightbox Jewelry, that sells lab-grown diamonds undercutting its man-made competitors on price.

The company’s advertising is a bit clunky, and it doesn’t advertise as conflict-free or eco-friendly, but it appears to be trying to do the right thing. And it looks like consumers are listening.

They’re Unique

Since they were first created billions of years ago, diamonds have become a symbol of romantic devotion. They’re also the product of decades of marketing campaigns and cartel arrangements that have shaped them into a timeless icon of status and power.

It’s no secret that diamonds are expensive – the price depends on a number of factors, including carat, cut, clarity and color. But if you’re looking to get a diamond engagement ring, it’s worth doing your research and finding the best deal possible.

If you’re on the lookout for a beautiful diamond, you may have heard of lab-grown diamonds (LGDs), which are man-made diamonds that are grown in a laboratory. These aren’t nearly as valuable as mined diamonds, but they’re often a fraction of the cost.

During the past few years, a lot of lab-grown diamond companies have entered the market, including Brilliant Earth and Blue Nile. Most of them have a similar appearance to mined diamonds, but they aren’t rare enough to make them as desirable. They are typically priced around 20% to 40% less than mined diamonds.

But De Beers is taking a different approach. Instead of fighting off this new competitor, they’re leveraging their monopoly in the mined diamond business to sell lab-grown diamonds through a new subsidiary called Lightbox Jewelry.

While they don’t have the same magical aura as mined diamonds, these lab-grown stones can still be a great choice for millennials who want to buy something environmentally friendly and inexpensive. They also come with the same benefits as natural diamonds, such as the ability to be resold in case of a divorce or breakup.

In its press release announcing the company’s entry into the lab diamond market, De Beers points to a recent report by Rapaport magazine which claims that their new subsidiary could bring in as much as $200 million a year. It’s a drop in the ocean compared to their natural diamond business, but it’s an indication that De Beers is seeing lab-grown diamonds as a way to increase profits.

But this isn’t exactly the most ethical way to do it. De Beers is using a massive amount of energy and chemical vapors to grow these stones. This can have an impact on the environment and the local communities they come from.

Why Buy Lab Grown Diamonds Debeers?