- 2 years ago
- Wedding: November 2015 - City, State
Good idea or not?
Good idea or not?
I guess it depends on how much you would lose on the deal.
Mine is a lab and I love it!!! It’s grown from a mined diamond, and is a real diamond in every way. It’s slightly cheaper, and no conflict free. But really… it’s beautiful.
That said, if my fiancé was dead set on having a mined diamond and proud of his selection… I’d keep it.
Are you going to want to upgrade again later? If the resale on the natural diamond is the same as what the lab diamond will cost, keep in mind the lab diamond will be worth even less if you try to sell it later. If you think you might ever want to upgrade again, I would definitely encourage you to get a diamond from a company with a great upgrade policy. Whiteflash is usually recommended as one of, if not the, best upgrade policies. I don’t know if any lab diamond companies have upgrade policies.
If you think this will be the last one, then go for lab. In that case resale doesn’t matter, and you will have a gorgeous upgrade that is exactly the same as a natural diamond except for where it came from.
I would also be considering how much the natural diamond is worth and how sentimental it is to you. It would break my heart to sell my original engagement diamond, and I’m not even engaged yet. I would much rather have it set into a necklace if I were going to upgrade my ring. If it’s worth like $1000 I would probably keep it for sentimental value, but if you’re talking about like $10k, I might be more willing to sell it.
I might consider it when lab prices come down to (imo) a reasonable price. Right now I still think they’re over inflated, but will likely be dropping over the next few years. With lightbox offering lab diamonds and even some chinese vendors I think the market will be in for a shakeup.
I think you have a great idea though. Diamonds have horrible resale, so your taking a “loss” but reinvesting in a larger (or higher specs) one is a smart way of looking at it!
I have nothing against lab diamonds and if I were guaranteed a true ideal cut I’d totally get one. But I’ve run a number of the “super ideal” stones from BE through the HCA tool and none were actually super ideal. Just something to keep in mind.
Like PP said, the price isn’t low enough for me to be completely on board yet, but August Vintage is starting to cut lab MRB, AVR, and AVC. I’d be ALL over that for the right price.
I think your current diamond is beautiful! I thought you really loved it compared to the original…? Plus isn’t it like 1.3 or thereabouts? The difference from 1.3 to 1.5 wouldn’t be worth going through another upgrade imo, esp if it’ll be in your same halo. 🤷♀️
So, I first recommend having a talk with your husband because you mentioned he is very traditional and may not like the idea…
I recently upgraded and went from a cluster of mined diamonds with the center stone being half a carat, and my upgrade is a lab diamond that is 1.3 carats. (I completely changed the entire ring set)
I got my new set from the same mall jewelry where I have gotten my forst set (Rogers and Hollands) and they let you upgrade your labdiamond as well as all the jewelry you get there, and they use the entire sum you paid for the jewelry towards the upgrade you want to get (upgrade needs to be at peast twice the amouybt of money of the original set)… to me, that capability of upgrade made it an obvious choice to go with this jewelry store once again.
So I do love my lab diamond and I highly recommend it. I also ask you to think if you truly dont want to upgrade later on (in your 20th anniversary or something) because in that case you may want to either go with mined or go brick and mortar… and the main thing here is figuring out if your husband is on board because he may not like it and get hurt.
If you like your diamond now, I wouldn’t recommend selling it. I’m a little confused why you want to trade it out? Just cause the lab would be a little better? I have a lab diamond and I love it to bits, but I would advise not getting too caught up in all the other options out there. If your ring is beautiful and you have a natural diamond you love, I’m not sure I see the point of playing hot potato with stones.
ETA: For the record, my lab diamond is not from BE or CO or any online store. FH went to a reputable jewelry store and they sourced a lab stone for him. So I don’t really have any experience with the online stuff.
No I wouldn’t. If I wanted to downgrade to a simulant I would purchase it outright, not trade in my engagement ring with more real as well as sentimental value.