10 Tips for Buying the Perfect Lab-Created Diamond Engagement Ring

Article by
Anna-Mieke Anderson

Tip #1 - Do your research!

Start by researching to be sure what you are purchasing is a lab-created diamond. Most lab-created diamonds are available for purchase online through the internet, so you will want to be sure the company is reputable. Some companies use misleading information and are selling simulants and calling them lab-created diamonds, which can be VERY confusing. Lab-created diamonds (also known as lab-grown diamonds, synthetic diamonds, and man-made diamonds) are REAL diamonds that are grown in modern-day laboratory conditions that simulate the earth’s natural growing environment.

How do you know you are purchasing a REAL lab-created diamond?

Your lab-created diamond should come with grading from a reputable laboratory like the IGI, EGL or GIA.

Lab-created diamonds are priced up to 40% less than an equivalent earth-mined diamond. If what you are purchasing costs hundreds, not thousands, it is most likely NOT a lab-created diamond.

Tip #2 - Availability (size does matter):

Lab-created diamonds are not available in every shape and size - yet. See what her preferences are and then check what lab-created diamonds are available. The size and shape of the diamond can affect the ring style you may choose. If she has hinted at wanting a larger (over 1.50ct) cushion cut, you may need to be creative and choose a round cut set in a cushion halo. Getting a beautiful lab-created diamond is worth considering other options.

Tip #3 - Engagement ring style:

It's important to find out what style your partner prefers. Scope out her jewelry box, ask friends and family, or you can probably even snoop on her Pinterest page to see what she likes and dislikes. IF ALL ELSE FAILS... you really can't for wrong with a classic solitaire design.

Bonus Tip: If you are buying a lab-created diamond and/or engagement ring online, be sure to check their return policy - just in case you need to exchange for a different style or have the sizing done post proposal.

Tip #4 - Consider a colored stone:

Lab-created diamonds are available in fancy colors such as yellow, blue, and pink - allowing you choices beyond white. Fancy color lab-created diamonds are offered at a fraction of the cost compared to their earth-mined equivalents, and even greater savings than colorless lab-created diamonds.

Fancy Yellow - 25% the cost

Fancy Blue - 10% the cost

Fancy Pink - 20% the cost

Bonus Tip: If your future bride-to-be prefers sapphires or rubies, consider a lab-created gemstone - just like lab-created diamonds you get all the beauty at a fraction of the cost and without any of the conflict.

Tip #5 - Learn the 4 C's:

Whether you are buying a lab-created diamond or an earth-mined diamond, the 4 C's (color, cut, clarity, and carat weight) are very important. The 4 C's are how you will know the quality of your diamond as well as significantly affects the cost.

Bonus Tip: While the 4 C's are important each grade is different for every diamond - because EVERY diamond is unique. If budget is important, consider a lower clarity grade as most inclusions aren't visible from the naked eye.

Tip #6 - Work within your budget:

Lab-created diamonds are less costly, meaning you get a better bang for your buck! Consider surprising her by upgrading the color/clarity/cut/carat due to the savings or even custom designing her dream engagement ring - believe it or not, custom design is more affordable than you may think.

Tip #7 - Don't forget the grading:

NEVER purchase a lab-created diamond if it does not come with a certified grading report from a reputable lab, like the EGL USA, IGI or GIA. If you did not receive a grading report, you most likely did not purchase a lab-created diamond. Full disclosure is an industry MUST!

Tip #8 - Make it special:

If creating a custom design is out of your budget, you can easily create a "one-of-a-kind" engagement ring by requesting a custom modification.

Ask your jeweler if you can change up the center stone shape or the style of the prongs; you could add diamonds to the band or depending on the design, it is possible you can even incorporate a "hidden" gem (like your birthstones) into the band or gallery. Don't hesitate to ask your jeweler for exactly what you want - they want to help you find/create exactly what you have been dreaming of.

Looking for something simple, yet special - engraving is the perfect way to add that special touch to your lab-created diamond engagement ring.

Tip #9 - If a lab-created diamond is out of your budget, consider a simulant:

While lab-created diamonds are less costly than earth-mined diamonds of the same quality, they may still be out of your budget - and that's ok! There are alternatives to lab-created diamonds for those budget conscious brides and grooms-to-be. Eco-friendly alternatives, such as the Diamond Hybrid® are available at a fraction of the cost, and carry the same beauty as a lab-created counterpart. 

Tip #10 - Give yourself time:

Choosing an engagement ring can take time! Do not rush the process. It's important for you to find something that is the best price, style, quality, and most importantly something she LOVES - after all she will be wearing if for the rest of her life!a/there-are-no-clean-diamonds-what-you-need-know-about-Canadian-diamonds