Save Thousands on Your Engagement Ring with Lab-Grown Diamonds

by Olga Davidovic

When shopping for an engagement ring, the cost of the diamond is often one of the most significant factors. Mined diamonds, known for their rarity and extraction process, come with a hefty price tag. However, lab-grown diamonds offer a stunning alternative at a fraction of the price. Below, we've compared the prices of Estrell's lab-grown diamonds with mined diamonds to highlight the significant savings you can expect while still getting an ethically sourced, high-quality stone.

Price Comparison Table: Estrell Lab-Grown vs Mined Diamonds (Colorless, Excellent Cut)

Carat Estrell Lab-Grown Diamond (CHF) Mined Diamond Price (CHF) Price Difference (CHF) Savings
1.0 2,340 6,500 4,160 ~64%
1.5 3,090 9,700 6,610 ~68%
2.0 3,840 12,000 8,160 ~68%
3.0 5,340 16,500 11,160 ~68%
4.0 6,840 21,000 14,160 ~68%

Details and Insights:

  • Estrell's Lab-Grown Diamonds offer incredible value. For example, a 1-carat Estrell diamond is priced at CHF 2,340, while a 1-carat mined diamond can cost up to CHF 6,500 (an average range for high-quality mined diamonds).

  • Incredible Savings: Opting for a lab-grown diamond can save you up to 64-68% compared to the same carat weight in a mined diamond. This allows you to either upgrade to a larger diamond or invest in a better ring setting without stretching your budget.

  • Mined Diamonds: Mined diamonds are often more expensive due to factors like rarity, mining costs, and the markup of traditional retailers. The cost of a 1.5-carat mined diamond could easily range between CHF 9,700 and CHF 12,000 depending on the quality.


Price Comparison Table: Estrell Lab-Grown Fancy Pink vs Mined Diamonds

Carat Estrell Lab-Grown Fancy Pink (CHF) Mined Fancy Pink Diamond Price (CHF) Price Difference (CHF) Savings
1.0 4,090 22,000 17,910 ~81%
1.5 5,290 30,000 24,710 ~82%
2.0 6,490 38,000 31,510 ~83%
3.0 8,890 55,000 46,110 ~84%
4.0 11,290 70,000 58,710 ~84%

 

Details and Insights:

  • Estrell's Fancy Pink Lab-Grown Diamonds are priced at a fraction of the cost of mined fancy pink diamonds. For example, a 1-carat Estrell lab-grown pink diamond costs CHF 4,090, while the same carat mined diamond can be priced at CHF 22,000.

  • Massive Savings: The price difference is striking, with savings of up to 81–84% depending on carat weight. This means you can get a larger or higher-quality fancy pink diamond within your budget by choosing a lab-grown option.

  • Mined Fancy Pink Diamonds: Mined fancy pink diamonds are incredibly rare and command a premium price due to their limited availability and the high cost of extraction. Prices for even a 1-carat mined pink diamond can easily reach CHF 22,000.

Why the Huge Price Difference?

  1. Rarity and Extraction Costs: Mined fancy pink diamonds are exceptionally rare, and the extraction process is costly and labor-intensive, which drives up the price.

  2. Demand and Exclusivity: Fancy pink diamonds are highly sought after for their stunning color, making them one of the most expensive diamonds on the market. The rarity and popularity fuel their high cost.

  3. Lab-Grown Diamonds: While lab-grown pink diamonds have the same color and brilliance as mined diamonds, they are produced in a lab environment, which eliminates the rarity factor and drastically reduces production costs. This makes them much more affordable without compromising on quality.

Conclusion: The Smarter Choice

The price difference between lab-grown and mined fancy pink diamonds is substantial. Lab-grown diamonds allow you to achieve the same stunning, rare beauty of a fancy pink diamond while saving up to 84%. Choosing a lab-grown pink diamond not only gives you more value for your money but also provides an ethical and sustainable option, free from the environmental impact of traditional mining.