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They're cheaper but they're not cheap and that's part of the issue... I remember looking at engagement rings about 5 years ago, my now wife is quite environmen
by physicsguy 2y ago
They're cheaper but they're not cheap and that's part of the issue...
I remember looking at engagement rings about 5 years ago, my now wife is quite environmentally conscious. At the time it was like ~£1200 for a diamond one and £800 for a synthetic one.
- vundercind 2y agoI looked a few years back after reading a bunch about how synthetics were cheaper in discussions like this. I did not find it to be notably true then. There was barely a discount for synthetic at all, the places I checked. Ended up with moissanite, which was significantly cheaper than diamond, but still not, like, cheap if you care about it looking as diamond-like as possible, though I probably could have done as well with diamond buying “used” if I’d had the patience for it and more knowledge to be more confident I wasn’t getting scammed.
- timerol 2y ago5 years has made a large difference in prices, as shown in this graph quoted in TFA: https://www.paulzimnisky.com/Price-Evolution-of-Lab-grown-Diamond-2016-2023-Chart https://www.paulzimnisky.com/Price-Evolution-of-Lab-grown-Di... Assuming you mean "late 2018" by "about 5 years ago" (because that's where the graph has a 1.5:1 ratio), that $1200/$800 diamond was probably about 0.2 carat (obviously depends on the other Cs), and would likely be around $1200/$300 today.