Diamond Stud Earrring Price Advice

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Saw this thread in some searching.

Just want to clarify.

Actual LAB created diamonds (ie D.Nea, Pure Grown Diamonds, etc...) ARE actual diamond. The diamond making process has been duplicated in the lab. It is NOT CHEAP by process and they are not CZ, moissanite or other simulant or fake. The upside is white grown diamonds run about 10% less than mined in addition to the other ethical and social factors. However, GIA won't grade them as of this date, so the lab reports they come with (often IGI) can be unreliable, and on top of that, cut quality (ie, good performance proportions) are not emphasized, with the exception of a very few places like Good Old Gold who occasionally cut lab diamond material in to some of their branded cuts where performance metrics are taken in to consideration.

Where lab diamond (ie, REAL lab grown diamond material, not moissanite or CZ) excels is in the production of colored diamond material. That is MUCH MUCH cheaper than it's mined counterpart.

To put it simply. Nature does a good job with "white" diamonds (the D-Z variety) and man does a better job of the colored diamond variety (pinks, blues, etc...)

If you want to explore the concept, there is a subforum for lab grown diamonds on Pricescope. (IE- real actual diamond material created in a lab as PS does not allow discussion of fakes or simulants.)

Hi, bunnycat - I am not trying to be difficult, I promise! I appreciate your explaining the difference, and I did understand that from the start, my issue is just that there IS a difference. Natural is natural and Lab diamonds are not...they are not the same, even if they are structurally, because of they way each came to be. If you say "lab crated diamonds" you must include the "lab created" part - that makes a difference to buyers. Those who want natural will buy that, those who are not in the market for natural will buy the others.

Again, there is nothing wrong with lab created, but for those who want to buy diamonds for their value, they are going with natural. And I genuinely believe that when people say they want to buy diamonds they MEAN natural. If they are looking for lab or otherwise, they use those qualifiers.

I myself am considering buying a pair of lab or otherwise not natural diamonds for travel. So with that said - I am off to find a pair of colored labs on pricescope!
 
Hi, bunnycat - I am not trying to be difficult, I promise! I appreciate your explaining the difference, and I did understand that from the start, my issue is just that there IS a difference. Natural is natural and Lab diamonds are not...they are not the same, even if they are structurally, because of they way each came to be. If you say "lab crated diamonds" you must include the "lab created" part - that makes a difference to buyers. Those who want natural will buy that, those who are not in the market for natural will buy the others.

Again, there is nothing wrong with lab created, but for those who want to buy diamonds for their value, they are going with natural. And I genuinely believe that when people say they want to buy diamonds they MEAN natural. If they are looking for lab or otherwise, they use those qualifiers.

I myself am considering buying a pair of lab or otherwise not natural diamonds for travel. So with that said - I am off to find a pair of colored labs on pricescope!

Actually, lab grown diamonds (ie real diamond material) do have similar resale values to regular mined diamonds. Which is...not a whole lot unless you have a reputable brand, or branded stone.

For example, a poorly cut mined diamond with a cut grade of good or fair will have very low resale value, despite being mined. It gets no bonus on resale value retention just because it was mined. Same with a poorly cut lab grown. Value is retained on mined diamonds that are branded (Brian Gavin, Whiteflash, Good Old Gold AVC, AVR's, AGS 000 stones, and GIA XXX stones usually). Generic run of the mill jewelry store pieces with ungraded stones or stones with questionable lab reports (IGI, EGL, etc...) you'd be very lucky to get 1/3 to 1/2 if you tried to sell it on the secondhand market. Most people don't want a stone that hasn't been properly graded. That's a simple fact. Whereas branded stones could be sold for up to 75% of their retail value on the secondary market.

As for lab grown stones, I would bet the ones that have been marketed the best and most (Brilliant Earth) probably would retain better resale value as a brand, but don't really know for sure because I haven't really studied it and they are a niche market right now. And I would seriously doubt anything Good Old Gold cuts would lose value just because they used lab grown rough to cut the piece over mined. Their AVR's are amazing and their attention to performance metrics is well known. I wouldn't hesitate at all if there was a Good Old Gold cut lab grown diamond I was interested in purchasing and it would make no difference to me that the rough came from a lab as cut quality is my main criteria.

It's fine if you don't personally consider a stone that wasn't mined from the earth "genuine" but that's a personal preference, and it's fine to note it's your personal preference, but it's not an actual scientific fact.

Perhaps when/if GIA starts to grade lab stones things will change for the way lab grown material is viewed by the majority of people. I know GIA is looking at growing their own material now so they can begin to compare the results of cut lab grown material to regular mined. I suspect their lack of familiarity is one reason they don't currently grade them.

For the OP, if they are still looking for earrings. Make CUT quality your most important factor. Proper proportions in a stones cut are the main driver's of sparkle and good face up size. Color and clarity are much lower on the totem pole and boil down to what is "mind clean" enough for you in terms of color and clarity. Most people find they can't see much face up difference in a stone color until they get down to around I.

A 1ctw pair of Ideal cut stones from a reputable vendor (with a trade up policy like Whiteflash, Good old Gold, Brian Gavin, James Allen) will probably be in the $3K range, off the top of my head.
 
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Actually, lab grown diamonds (ie real diamond material) do have similar resale values to regular mined diamonds. Which is...not a whole lot unless you have a reputable brand, or branded stone.

For example, a poorly cut mined diamond with a cut grade of good or fair will have very low resale value, despite being mined. It gets no bonus on resale value retention just because it was mined. Same with a poorly cut lab grown. Value is retained on mined diamonds that are branded (Brian Gavin, Whiteflash, Good Old Gold AVC, AVR's, AGS 000 stones, and GIA XXX stones usually). Generic run of the mill jewelry store pieces with ungraded stones or stones with questionable lab reports (IGI, EGL, etc...) you'd be very lucky to get 1/3 to 1/2 if you tried to sell it on the secondhand market. Most people don't want a stone that hasn't been properly graded. That's a simple fact. Whereas branded stones could be sold for up to 75% of their retail value on the secondary market.

As for lab grown stones, I would bet the ones that have been marketed the best and most (Brilliant Earth) probably would retain better resale value as a brand, but don't really know for sure because I haven't really studied it and they are a niche market right now. And I would seriously doubt anything Good Old Gold cuts would lose value just because they used lab grown rough to cut the piece over mined. Their AVR's are amazing and their attention to performance metrics is well known. I wouldn't hesitate at all if there was a Good Old Gold cut lab grown diamond I was interested in purchasing and it would make no difference to me that the rough came from a lab as cut quality is my main criteria.

It's fine if you don't personally consider a stone that wasn't mined from the earth "genuine" but that's a personal preference, and it's fine to note it's your personal preference, but it's not an actual scientific fact.

Perhaps when/if GIA starts to grade lab stones things will change for the way lab grown material is viewed by the majority of people. I know GIA is looking at growing their own material now so they can begin to compare the results of cut lab grown material to regular mined. I suspect their lack of familiarity is one reason they don't currently grade them.

For the OP, if they are still looking for earrings. Make CUT quality your most important factor. Proper proportions in a stones cut are the main driver's of sparkle and good face up size. Color and clarity are much lower on the totem pole and boil down to what is "mind clean" enough for you in terms of color and clarity. Most people find they can't see much face up difference in a stone color until they get down to around I.

A 1ctw pair of Ideal cut stones from a reputable vendor (with a trade up policy like Whiteflash, Good old Gold, Brian Gavin, James Allen) will probably be in the $3K range, off the top of my head.

Bunnycat, I genuinely appreciate all the time and effort it took you to post this. Thank you!!!!

Yes, I usually go for branded diamonds, not just for the value and the design but I do find that I don't have to worry quite so much about the Cs if it's coming from a reputable brand (VCA, Roberto Coin, De Grisogono, etc)

Do you have any other resources (besides Good Old Gold) for lab created colored diamonds?
 
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Bunnycat, I genuinely appreciate all the time and effort it took you to post this. Thank you!!!!

Yes, I usually go for branded diamonds, not just for the value and the design but I do find that I don't have to worry quite so much about the Cs if it's coming from a reputable brand (VCA, Roberto Coin, De Grisogono, etc)

Do you have any other resources (besides Good Old Gold) for lab created colored diamonds?

Hi BBC- I don't keep up much with colored diamonds. Even Brilliant earth only has some natural mined ones (.25 for $12K). The are incredibly expensive either way, which I why I don't exactly understand your comment about buying a lab diamonds for "travel". They are still diamonds. They are still costly, even when colored ones are much cheaper than mined.

For grins, I also looked at a white diamond "j" colored stone. IGI cert. 1.6-ish carats. Price under $5K. Now, in real terms, that IGI cert being the uncertain thing that it is is probably more like a L/M I1, and for a 1.6-ish stone reliably graded by GIA or AGS, you'd be looking at about $5-6K for something similar, off the top of my head. So, it seems like a deal because of the soft grading, but in actuality, when compared to reliably graded stones by GIA, it's not as much of a "discount", though it is somewhat less expensive than buying a mined stone. The value lies more in the ethical considerations.

As I said, if GIA is buying equipment for growing its own rough to cut so they can study it (and I presume the feasibility of reliably grading it), I bet lab stones will gain more traction or acceptability. That's just my conjecture though.
 
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Hi BBC- I don't keep up much with colored diamonds. Even Brilliant earth only has some natural mined ones (.25 for $12K). The are incredibly expensive either way, which I why I don't exactly understand your comment about buying a lab diamonds for "travel". They are still diamonds. They are still costly, even when colored ones are much cheaper than mined.

For grins, I also looked at a white diamond "j" colored stone. IGI cert. 1.6-ish carats. Price under $5K. Now, in real terms, that IGI cert being the uncertain thing that it is is probably more like a L/M I1, and for a 1.6-ish stone reliably graded by GIA or AGS, you'd be looking at about $5-6K for something similar, off the top of my head. So, it seems like a deal because of the soft grading, but in actuality, when compared to reliably graded stones by GIA, it's not as much of a "discount", though it is somewhat less expensive than buying a mined stone. The value lies more in the ethical considerations.

As I said, if GIA is buying equipment for growing its own rough to cut so they can study it (and I presume the feasibility of reliably grading it), I bet lab stones will gain more traction or acceptability. That's just my conjecture though.

For fun I looked up my specs for a pair of white lab diamond studs....not cheap!!! They started at around $50k. But if there really isn't much of a price difference, what is the attraction for lab diamonds, besides ethics? And that's not to discount ethics, I'm just trying to understand why one would seek it out, especially if the current lab grading isn't really reliable.

You did say the colored ones were comparatively inexpensive, though it doesn't seem like Brilliant Earth will match pairs for studs.

I don't really wear studs at all, which is why I'm buying a "test" pair for travel, though not necessarily lab diamonds.
 
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For fun I looked up my specs for a pair of white lab diamond studs....not cheap!!! They started at around $50k. But if there really isn't much of a price difference, what is the attraction for lab diamonds, besides ethics? And that's not to discount ethics, I'm just trying to understand why one would seek it out, especially if the current lab grading isn't really reliable.

You did say the colored ones were comparatively inexpensive, though it doesn't seem like Brilliant Earth will match pairs for studs.

I don't really wear studs at all, which is why I'm buying a "test" pair for travel, though not necessarily lab diamonds.

Well, at the moment, I think it comes down to ethics and social/environmental issues. If I were in their place, I'd be cutting Tolkowsky proportion diamonds as a standard, because I think they need a marketing point for the lab stones and cutting super ideals out of as much of their rough as possible could give them an edge by giving them not only performance bragging rights, but also ethics. The "white" (D-Z) variety, they are only maybe 10-20% cheaper overall. I did consider a lab diamond when we were looking for my engagement ring, and if I could have found great cut specs at the time in a size I wanted (I think the rough is still hard to grow in larger sizes), I'd have been fine with one. But cut was my priority, and just like I won't spend on a name brand like Tiffany just because of the name, anyone who couldn't assure me of performance was off the table for discussion. I'm happy to pay Whiteflash or Brian Gavin for a top of the line performing stone for half the price of Tiffany, and they are Kimberly compliant, as are all the reputable vendors. :)

Thank you! Because who doesn't love pink? I do love the argyle diamonds.

You're welcome! I wish I could recall who they used to be, but it slips my mind. I just remember reading about it once a couple years ago.
 
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