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Either way, one survey found the majority of Gen Z respondents preferred a three-carat lab-grown diamond to a one-carat natural mined diamond. “Gen Z is rewriting the rules of the diamond ...
Diamonds, because of their hardness, are one of the few gemstones that have a recycled market. Recycled diamonds are diamonds that have been polished and set into jewelry, then removed and possibly re-cut before sale back into the diamond industry. This sector accounts for 5%–10% of market supply. [25]
Diamond reports from GIA (as well as other, for-profit sources) are now demanded by most consumers purchasing diamonds over a certain size, typically for over 0.5 carat (100 mg), and almost always for over 1.0 carat (200 mg), and are considered an important tool in guaranteeing that a diamond is accurately represented to a potential buyer.
Gemological Institute of America (GIA) was the first laboratory in America to issue modern diamond reports, [33] and is held in high regard amongst gemologists for its consistent, conservative grading. Diamond High Council (HRD) Official certification laboratory of the Belgian diamond industry, located in Antwerp. [34]
Some high-end fine jewelers have gotten on board with the trend. In 2023, jeweler Jean Dousset, the great-great-grandson of Louis Cartier, opened a showroom with “designer” lab-grown diamonds ...
For example, a traditional solitaire Pandora ring, with a sparkling one-carat lab-grown diamond sitting on a 14K white-gold band, will set you back $1,750.At the other end of the scale, a mined ...
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