Looking to find an affordable but still gorgeous diamond engagement ring? Heard of lab grown diamonds but not sure where to start in your research or even what to look for when shopping for one? Well luckily we have gone through the research and been able to compose a 5 step guide to help you! Lab grown diamonds are a great option for those who are looking for a beautiful, affordable, and ethical alternative to mined diamonds. By following these tips, you can be sure to find the perfect lab diamond for your needs. Here is a 5-step guide to buying lab diamonds:
- Set your budget. Lab diamonds are typically less expensive than mined diamonds, but they can still be a significant investment. It’s important to set a budget before you start shopping so that you don’t overspend.
- Do your research. There are many different lab diamond retailers on the market, so it’s important to do your research and compare prices and quality before you make a purchase.
- Consider the 4 Cs. Just like mined diamonds, lab diamonds are graded on the 4 Cs: colour, clarity, cut, and carat. When you’re shopping for a lab diamond, it’s important to consider your preferences for each of these factors.
- Get it certified. Lab diamonds can be certified by a number of different organisations, such as the Gemological Institute of America (GIA) or the International Gemological Institute (IGI). Getting your lab diamond certified can help you to ensure that you’re getting a quality stone.
- Buy from a reputable retailer. When you’re buying a lab diamond, it’s important to buy from a reputable retailer. This will ensure that you’re getting a quality stone and that you’re protected by the retailer’s warranty.
Once you’ve found a few lab diamonds that you like, it’s important to shop around to get the best price. You can often find discounts if you buy from a retailer that sells both mined and lab diamonds. Here are some additional tips for buying lab diamonds:
- Don’t be afraid to negotiate. Many retailers are willing to negotiate on the price of lab diamonds, so don’t be afraid to ask for a lower price.
- Consider buying online. There are a number of reputable online retailers that sell lab diamonds. Buying online can save you time and money.
- Don’t forget about the return policy. Make sure to read the retailer’s return policy before you make a purchase. This will ensure that you can return the diamond if you’re not happy with it.
- Look for a retailer that offers a money-back guarantee. This way, you can be sure that you’re happy with your purchase.
- Consider buying a lab diamond from a retailer that has a brick-and-mortar location. This way, you can see the diamond in person before you buy it.
- Be aware of the resale value. Lab-grown diamonds typically have a lower resale value than mined diamonds. If you’re planning to sell your lab-grown diamond in the future, be sure to factor this into your decision.
