What do lab-grown diamonds mean for Jewelers Row?

What do lab-grown diamonds mean for Jewelers Row?

The proposed Toll Bros building on the corner of Seventh and Sansom Streets isn’t the only thing looming over Jewelers’ Row The jewelry industry could be rocked by the introduction of lab-grown diamonds These diamonds have only recently been sold alongside mined gems.

Previously, they were only made for function and used in manufacturing. Diamond giant De Beers, which once distanced itself from the synthetic market, debuted Lightbox Jewelry in May as a retailer of lab-grown diamonds with a huge markdown from mined stones. One carat retails for $800 without a setting, and pricing is linear rather than the exponential increases favored by natural-stone jewelers This is lower than brands like Brilliant Earth, where a one-carat diamond produced in a lab retails for about $2,000 Still, both are significantly less expensive than a mined diamond: the standard savings are typically quoted as 20 percent to 40 percent for lab-grown diamonds compared with its. Source

Popular products near you

Popular Posts

Freeform Boulder Opal pair featuring Peacock Green and Blue colours set in 18k white gold ...

Freeform Boulder Opal pair featuring Peacock Green and Blue colours set in 18k white gold earrings w...

read more

24 Pieces of Jewelry That Will Make the Perfect Holiday Presents

From classic to statement-making, there's something for everyone on this list. No matter how well yo...

read more

Stocking up: Holiday 2020

Bright colors, charms, and classic looks are the top orders this holiday season as the pandemic keep...

read more

12 MM Round Halo Diamond Pendant Fine Jewelry Sterling Silver Fine Jewelry

Gorgeous Solitaire Jewelry beautifully designed and crafted! High-polish finish. All our jewelry are...

read more

Subscribe to our Newsletter

Get the best news about jewelry and watch industries, products and services