Are old diamonds worth more than new or lab-grown diamonds?  (2024)

Are old diamonds worth more than new or lab-grown diamonds?

When it comes to buying a diamond, you’re often faced with three choices: old diamonds, new (mined) diamonds, or lab-grown diamonds. Each option has its unique characteristics – which we explore in this article. Let’s look at the various aspects of the three kinds of diamonds on offer, such as their rarity, quality, and ethical concerns.

Are old diamonds worth more than new or lab-grown diamonds? (1)

Rarity

Old Diamonds: Old diamonds, also known as vintage or antique diamonds, are mined from natural sources and have been in circulation for decades, if not centuries. You may not fully know the origin of an old diamond, but it’s possible your diamond may have come from a mine that is no longer in function or was exhausted years ago. Therefore, these diamonds may have unique characteristics that are no longer found in today’s diamonds due to changes in mining locations and techniques. Your diamond will certainly have an interesting story to tell.

New diamonds: Diamonds are a finite source, so they are still rare. However, ‘new’ natural mined diamonds will typically be mined from extraction sites that are still operating, perhaps – in the current climate – making them less ‘rare’ than older diamonds.

Lab-grown diamonds: Lab-grown diamonds are created in controlled environments using advanced technology. While technically lab-grown diamonds could be an infinite supply, currently, not many laboratories have the necessary tech to craft high quality lab-grown diamonds. They therefore currently have a ‘rare’ quality about them.

Are old diamonds worth more than new or lab-grown diamonds? (2)

Quality

Old diamonds: Old diamonds may exhibit unique characteristics like vintage cuts (e.g., Old European Cut or Old Mine Cut) and charming imperfections that some find appealing. However, their quality can vary widely depending on factors like wear and tear over time, and the care they’ve received. If you’re looking for a sparkling, ‘as new’ diamonds, it’s unlikely you’ll find what you’re wanting with an old or vintage diamond.

New diamonds: New diamonds are cut using modern techniques, resulting in precise shapes and brilliant cuts. They are often certified for their quality and can come with detailed grading reports, making it easier to assess their worth based on factors like the 4Cs (Carat, Cut, Colour, Clarity). Mostly, new diamonds should be cut well, and depending on the 4C’s you opt for, of a high quality. Certifications will confirm this for you.

Lab-grown diamonds: Lab-grown diamonds are often of very high quality, with fewer impurities and excellent clarity. Their worth is determined by the same criteria used for new diamonds, including the 4Cs.

Are old diamonds worth more than new or lab-grown diamonds? (3)

Ethical considerations

Old diamonds: Old diamonds unfortunately have a history that may be associated with unethical practices like conflict diamonds, which were mined in war zones and used to fund armed conflicts. And if a piece is vintage, you may not know the full history of your diamond at all.

New diamonds: The diamond industry has made strides in promoting responsible sourcing and ethical mining practices. Many new diamonds are now accompanied by certification indicating ethical origins. If you have concerns, speak to your jeweller who should be able to trace the origin of your new diamond, and show you that it is ‘conflict free’.

Lab-grown diamonds: Lab-grown diamonds are considered ethically superior by because they are created without the environmental and ethical concerns associated with mining. They are often seen as a more sustainable and ethical choice, with a fully transparent, traceable origin.

Are old diamonds worth more than new or lab-grown diamonds? (4)

So which is worth the most?

The worth of old diamonds compared to new or lab-grown diamonds depends on various factors, including rarity, quality, and ethical considerations. Old diamonds can be exceptionally rare and unique, making them valuable to collectors and enthusiasts. However, new diamonds offer modern precision and are easily assessed for quality, and lab-grown diamonds are considered the most ethical and environmentally friendly choice, making them worth more to some.

As you can see, the ‘worth’ of a diamond is entirely objective, and it really is all about finding the piece that speaks to you personally.

Are old diamonds worth more than new or lab-grown diamonds? (5)

Still got questions about your diamonds?

Get in touch with our friendly team of experts, who will be happy to assist you.

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Are old diamonds worth more than new or lab-grown diamonds?  (2024)

FAQs

Are old diamonds worth more than new or lab-grown diamonds? ? ›

The worth of old diamonds compared to new or lab-grown diamonds depends on various factors, including rarity, quality, and ethical considerations. Old diamonds can be exceptionally rare and unique, making them valuable to collectors and enthusiasts.

Are old diamonds worth more than new diamonds? ›

As a general rule of thumb, an antique cut of a similar carat weight will be around 20% less expensive than a new modern cut. This applies to earth-mined stones only. When comparing an antique diamond to a modern lab-grown Diamond, the difference in price may be negligible (or at least smaller).

Are real diamonds worth more than lab-grown diamonds? ›

Lab diamonds cost a lot less than natural diamonds - typically a lab diamond will cost between 60% and 85% less than a natural diamond with identical carat weight and grades.

What is the resale value of a lab-grown diamond? ›

Some estimate that lab grown diamonds can drop to 10% of their original price or lower, while more generous estimators put them nearer to natural diamonds at 30% of the original price. If you are able to find an online marketplace for your lab grown diamonds, we hope that you can find a reasonable price.

Can a jeweler tell if a diamond is lab created? ›

Jewelers can tell if a diamond is lab grown through various gemological tests. They may use equipment like a DiamondView tester, which relies on a. Additionally, many jewelers work with accredited diamond grading labs who provide documentation, such as grading reports, confirming the origin of the diamond.

Are old cut diamonds worth anything? ›

Old mine cut diamonds cost less than modern diamonds because they were cut into modern shapes. Nowadays, these antique diamonds sell for as much as the modern ones because of how unique they are. The price of an old mine cut diamond between 0.5 to 0.69 ct will be around $2000.

Do old diamonds lose value? ›

In general, diamonds do not increase significantly in value over time. Outside of a small number of rare or colored diamonds, the vast majority of diamonds have decreased slightly in value over the last few years, making them a poor investment from a price appreciation perspective.

What are the downsides of lab-grown diamonds? ›

The Cons of Lab-Grown Diamond
  • Depreciating Value. As mentioned, one primary difference between lab grown and natural diamonds is long-term value. ...
  • Sentimental Value. ...
  • Lack of Education Surrounding Lab Created Diamonds. ...
  • Human Rights Issues. ...
  • Eco-Friendliness. ...
  • It's Not Always Easy to Insure Lab Diamonds. ...
  • Cost. ...
  • Quality.
Sep 14, 2023

Can I sell a lab grown diamond? ›

Can You Resell a Lab Diamond? Yes, you can resell a lab grown diamond. Ada Diamonds buys back independently-graded, high quality lab diamonds sold to clients through our Buy-Back Program. We also offer lifetime trade-in on all of our independently-graded lab grown diamonds.

Will lab-grown diamonds devalue natural diamonds? ›

A Natural Diamond has a rarity factor. Generally speaking, a natural diamond will hold its value better than a lab grown diamond because there is a finite supply. The basic laws of supply and demand maintain that as demand increases, especially with limited supply, value goes up.

Can a pawn shop tell a lab-grown diamond? ›

Man made diamonds are difficult to spot because of their chemical, physical and optical properties similar to their natural counterparts. Professional jeweler services and pawn shop brokers often have the equipment needed to tell the difference.

Do celebrities buy lab-grown diamonds? ›

New generation celebrities prefer lab grown ethical diamonds

An increasing number of celebrities are buying diamond jewelry that is made with ethical diamonds or lab-grown diamonds. Whether it is an engagement ring or diamond earrings, they prefer to buy only man-made diamonds for their diamond collection.

Can you appraise a lab-grown diamond? ›

Laboratory-grown diamonds can be appraised and insured.

Do diamonds increase in value with age? ›

The answer is yes, but with a few caveats. Diamonds generally retain a market value that either increases or remains consistent over time. This is essentially because there is a finite supply. The fundamental laws of supply and demand dictate that as demand goes up, value follows in the same direction.

Are old mine diamonds more expensive? ›

Sometimes these cuts are less expensive than more modern cuts. This is because the beautiful asymmetry and warm coloring of an old mine cut diamond are less valued on paper than the precision cut, colorless diamonds so prevalent today.

Is older jewelry more valuable? ›

Age – The older a piece is, the more value it generally has. Era – Jewelry from certain historical periods is worth more than pieces from other less interesting, exciting, or noteworthy eras. Condition – Even a 150-year-old necklace won't be worth much if it's in poor condition.

Are vintage diamond rings worth more? ›

Rarer cuts like the old mine and European cuts found in antique engagement rings have a higher value and make them more expensive. It's all supply and demand. A hallmark is a stamp or engraving, which is quite common in modern-day engagement rings.

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