As lab grown diamonds have grown in popularity, one of the main questions customers ask is whether or not they hold value and whether you can sell lab grown diamonds at a later date.
Many traditional jewelers or old diamond buyers opt not to promise anything, as lab grown diamonds are still a more volatile market compared to natural mined diamonds. However, we wouldn’t let this deter you immediately from considering a lab grown diamond purchase.
Most mined diamonds have resale value and lab-grown diamonds too have a growing market.
Lab grown diamonds are certainly valuable. Scientists, engineers, and laboratories dedicate enormous resources to producing some of the highest quality diamonds. The reason lab-grown diamonds can be up to 40% less expensive than mined diamonds has nothing to do with their quality but rather the supply chain.
Both lab-grown and mined diamonds use an internationally accepted pricing system called Rapaport Pricing, which determines wholesale and retail pricing. These prices are determined based on the 4 C’s: carat weight, cut, clarity and color.
We encourage consumers to keep in mind that just because some jewelers are not ready to delve into lab grown diamonds does not mean that you cannot sell lab made diamonds and that there is no resale value. Rather, lab grown diamonds are relatively new to the market and many jewelers want to see how the market plays out and wait for the supply side to stabilize before diving in.
There are active lab grown diamond buyers who would be interested in purchasing a lab created diamond if you wish to sell. We recommend checking out iValue Lab as the premier option to sell natural and lab-grown diamonds. Their exceptional service, fast process and generous offers have been applauded across the industry.
Summary: Tips to Increase the Resale Value of your Lab Grown Diamonds
IValue Lab does exactly that. As a trusted company, iValue is widely known for fast, fair, and risk-free service. They have plenty of experience working with both natural and lab-grown diamonds and are one of the leading independent purchasers of diamonds and fine estate jewelry. Their broad connections across international diamond markets makes them the ideal place to sell your lab-grown jewelry and get the resale value your piece deserves!
You begin by filling out an online appraisal form, they will cover the cost of a courier and insurance, and once they have the jewelry in-house, their gemologist will inspect it and make you an offer. If you accept, you will receive your money within 24 hours. It doesn’t get much easier than that.
Contact us for more information!