Are laboratory diamonds worth anything


As a 4th generation custom jewelry store in Dublin, It’s one of the most common (and totally fair) questions we hear everyday: Are laboratory diamonds worth anything?

Short answer? Yes.

Long answer? Well, let’s break it down realistically, without the jargon, without the hype, and with the almost 100 years of perspective we’ve gathered and shared here with our customers.


What Are Laboratory Diamonds, Really?

Laboratory diamonds (also called lab-grown or lab-created diamonds) are definitely real diamonds. They have the same chemical composition, crystal structure, sparkle, and hardness as mined diamonds. The difference is where they’re formed—not what they are.

Instead of growing underground over billions of years, lab diamonds are created in controlled environments using advanced technology that replicates natural diamond growth.

The diamond “rough” or crystal is then graded by the same gemological laboratories, cut by the same artisans, and set into fine jewelry just like mined diamonds.

We like to compare lab diamonds to babies… I know, but hear me out! Some babies are conceived a couple of ways. One way is with a little help from a lab. Another, is the old fashioned way 🙂 But people don’t identify them as a “test tube baby” because they are simply, a baby!

Just a note though: Lab diamonds are significantly less expensive than mined diamonds. The same can’t be said for IVF conception!


A Short History On Lab Diamonds

Lab diamonds aren’t new, even if they feel like a modern day trend.

Scientists first successfully created diamonds in laboratories in the 1950s, initially for industrial uses. They were used on cutting tools because of their strength. Over time, technology improved dramatically, and by the early 2000s, gem-quality lab diamonds entered the fine jewelry world.

In the last decade though, lab diamonds have truly come into their own, offering beauty, transparency, sustainability and value that today’s couples and jewelry lovers care deeply about. We’ve watched this shift firsthand and have shared the evolution regularly on our blog as education and consumer awareness have grown. In fact, we were one of the first jewelry stores to offer lab grown diamonds in Ohio!


So… Are Laboratory Diamonds Worth Anything?

Absolutely—but it’s important to understand how their value works.

Lab diamonds hold value as fine gemstones and as wearable luxury. What they don’t promise is speculative or investment-style appreciation. And honestly? That’s true for most diamonds, mined or lab-grown.

In fact, unless you are in the diamond wholesale business, jewelry as an investment is not lucrative, no matter what the big jewelry cartels’ companies say.

Here’s an example. Say you have a 1ct mined diamond engagement ring that you paid $10,000 for ten years ago. Now you want the cash. Your main option, is a pawn shop, where they’ll give you, generously, 20%, or $2,000. You’ve just lost 8K on your investment.

Now you have the same situation with a 1ct. lab diamond ring that you paid $1000 for. Again, best option is a pawn shop and 20%, so you get $200. But… you only realized a loss of $800. Big difference! That’s really the reason people restyle their jewelry instead of selling it. They don’t lose monetary value, AND they keep the memories!


Affordability: More Diamond for Your Budget

One of the biggest reasons people choose lab diamonds is simple: you get more bling for your money.

Lab diamonds typically cost significantly less (80-90% less) than comparable mined diamonds. That means they can afford:

  • A larger center stone
  • Higher color or clarity
  • Room in the budget for custom design or upgraded settings

We often see clients choose lab diamonds so they can design the ring or piece they really want—without compromise. It’s one of the reasons lab diamonds have become such a popular topic on our blog and in our custom design conversations.

choosing a diamonds

Sustainability & Conflict-Free Peace of Mind

Another major reason lab diamonds are worth it? How they align with modern values. Today’s engagement ring couples are well-versed in environmental issues and human rights violations, and they want a gemstone that reflects their values.

Lab-grown diamonds offer:

  • Conflict-free choices
  • Avoid the environmental impact of traditional mining on the earth
  • Greater transparency in sourcing

For many couples and gift-givers, this peace of mind is priceless. You know exactly where your diamond came from, and that the impact on the environment is minimal.

are lab diamonds worth it

Frequently Asked Questions About Lab Diamonds

Are lab diamonds real diamonds?

Yes. They are chemically, physically, and optically identical to mined diamonds.

Do lab diamonds sparkle the same?

Absolutely! Sparkle comes from cut quality—not whether a diamond was mined or grown. A skilled diamond cutter makes the difference in the brilliancy of the stone.,

Will a lab diamond last forever?

Yes. Lab diamonds are just as durable as mined diamonds and perfect for everyday wear.

Do lab diamonds have resale value?

Lab diamonds retain value as fine jewelry, though resale pricing differs from mined diamonds. We always encourage choosing a any diamond for love and wear-ability, not for an investment.

Are lab diamonds right for engagement rings?

Absolutely. We design custom engagement rings with lab diamonds every day, and they’ve become a favorite choice for most of our couples.


Our Take: What Really Makes a Diamond “Worth It”

At the end of the day, a diamond’s worth isn’t just about numbers—it’s about meaning, intention, and joy. Ask any couple about their engagement ring and they’ll tell you a story about how it happened.

We feel that lab diamonds give our customers the freedom to choose beautiful, responsibly sourced gemstones, while staying within budget—and that’s something we proudly stand behind.

Thinking about a lab diamond for an engagement ring, anniversary gift, or custom redesign? We’d love to help you explore the options and find what feels right for you.


Because the best jewelry choices are informed ones—and the most valuable pieces are the ones you love wearing every day.

scott's custom jewelers dublin ohio

Posted in: Lab Grown Diamonds

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