Today, more than ever before, diamonds no longer represent a privilege solely reserved for royalty, elite and affluent consumers.
Thanks to the birth of lab-grown diamonds, these much valued gemstones which represent the ultimate symbol of love can now be enjoyed by all social classes.
Where do lab-grown diamonds come from?
Lab-grown diamonds, commonly referred to as man-made or synthetic diamonds have been in the works as early as the 1940’s. Due to their unique characteristics (thermal conductivity, hardness/use as an abrasive, optical transparency, and high electrical resistance) diamonds were initially manufactured for industrial applications.
It’s widely accepted that the largest breakthrough occurred when General Electric (GE) created its first batch of lab-grown industrial diamonds in December 1954 and announced the creation of the first man-made diamond in February of 1955.
Gem quality lab-grown diamonds have been commercially available since the late 1980’s. Not until recently, did their quality and price in terms of the 4 C’s (Color, Clarity, Cut, & Carat Weight) improve. It’s not uncommon to save up to 40% on a lab-grown diamond when compared side-by-side to it’s mined counterpart.
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