Lab-Grown Diamonds: Are They Actually Worth It?
The Siegel Journal

Lab-Grown Diamonds: Are They Actually Worth It?

April 18, 20236 min readBy The Siegel Family
lab diamonds education trends

Lab-Grown Diamonds: The Honest Answer

Let's skip the marketing speak and get straight to it: lab-grown diamonds are real diamonds. Not simulants, not fakes — actual diamonds, grown in a controlled environment rather than pulled from the earth. They have the same chemical composition (pure carbon), the same crystal structure, and the same optical properties as mined diamonds. A gemologist cannot tell the difference with the naked eye. Even sophisticated equipment requires specific testing to distinguish them.

So if they're identical, why does the debate exist? Because the word "worth it" means different things to different people.


The Case For Lab-Grown

The most compelling argument is simple: you get more diamond for your money. Lab-grown diamonds typically cost 50–70% less than their mined counterparts of equivalent quality. That means a budget that would get you a 0.75-carat mined diamond could get you a 1.5-carat lab-grown stone of the same cut, color, and clarity grade.

For buyers who prioritize size and sparkle over provenance, this is a genuinely compelling value proposition. And for those concerned about the environmental and ethical complexities of diamond mining, lab-grown stones offer a cleaner conscience — though it's worth noting that the energy-intensive growing process has its own environmental footprint.

Lab-grown diamonds are also graded by the same gemological labs (GIA, IGI) using the same 4Cs system — IGI in particular is the leading certifier for lab-grown stones. You're not buying a mystery — you're buying a certified stone with documented quality.


The Case Against (or at Least, the Caveats)

Here's the part the lab-grown enthusiasts don't always mention: lab-grown diamonds have depreciated significantly in resale value as production has scaled up and prices have dropped. A mined diamond, particularly a well-cut natural stone, tends to hold its value better over time. If you're thinking of an engagement ring as a long-term investment or an heirloom, that matters.

There's also the question of rarity. Part of what makes a natural diamond emotionally resonant is that it formed over billions of years under extraordinary pressure deep in the earth. That story is real and irreplaceable. For some people, that narrative is part of the meaning of the ring. For others, it's irrelevant.


What We Tell Our Customers

At Siegel Jewelers, we carry both natural and lab-grown diamonds because we believe the right choice depends entirely on what you value. If you want maximum size and sparkle within a budget, lab-grown is a smart, beautiful option. If you want a stone with long-term investment potential or a deep connection to the natural world, a mined diamond is worth the premium.

The best way to decide? Come in and see both side by side. The difference — and the similarity — will tell you everything.

Browse our lab-grown diamond collection or book a consultation with one of our diamond experts.

Visit Us in Grand Rapids

Have questions? Our experts are here to help. Visit Siegel Jewelers or book a private consultation.

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Koli Mitogo

Koli Mitogo

I've been to many jewelry stores over the years, but Siegel Jewelers is in a class of their own. The staff remembered my name on my second visit, helped me find the perfect anniversary gift within my budget, and even gift-wrapped it beautifully. This is what shopping should feel like.

2 weeks ago

Sarah M.

Sarah M.

My fiancé proposed with a ring from Siegel and I couldn't be more in love with it. The diamond is absolutely stunning and the setting is exactly what I'd always dreamed of. The team helped him pick something perfect without me knowing — they really listened to what he described about my style.

1 month ago

James K.

James K.

Brought in a family heirloom ring for repair and restoration. The craftsmanship on the repair was impeccable — you can't tell it was ever damaged. They also cleaned and polished it at no extra charge. The ring looks better than it has in decades.

3 weeks ago

Emily R.

Emily R.

I was completely overwhelmed trying to choose an engagement ring on my own. The team at Siegel spent two hours with me, never rushing, explaining every option. I left with a ring I'm obsessed with and a much better understanding of diamonds. Worth every penny.

2 months ago

Michael T.

Michael T.

Six generations of family ownership shows in every interaction. The knowledge, the care, the attention to detail — it's unlike any other jewelry store I've visited. They treated my $800 purchase with the same respect as someone spending $8,000.

5 months ago

Amanda B.

Amanda B.

The custom design process was incredible. They took my rough sketch and turned it into the most beautiful ring I've ever seen. The CAD preview was spot-on, and the finished piece exceeded my expectations. I get compliments every single day.

3 months ago

Brian W.

Brian W.

I've been a Siegel customer for 15 years. Every purchase has been perfect, every repair flawless, every interaction warm and professional. This is the only jewelry store I'll ever recommend to friends and family in Grand Rapids.

6 weeks ago

Natalie R.

Natalie R.

I brought in my grandmother's ring to be redesigned into something I could wear every day. The custom design team was incredible — they kept the sentimental stones and created something modern and stunning. I cry every time I look at it.

4 months ago

Tom H.

Tom H.

Bought my wife's engagement ring here 20 years ago and just came back for our anniversary. The service is exactly the same — warm, knowledgeable, and never pushy. A true Grand Rapids institution.

7 months ago

Lindsey P.

Lindsey P.

I was nervous about buying jewelry for the first time but the team made me feel so comfortable. They explained everything about the 4 Cs, showed me options in my budget, and never made me feel judged. Left with a gorgeous necklace and a huge smile.

3 weeks ago

Marcus D.

Marcus D.

The Sunshine Guarantee alone sold me — but the experience sealed it. The staff spent over an hour with me, never rushing, helping me find the perfect ring for my proposal. She said yes, and we're both obsessed with the ring.

1 month ago

Carrie S.

Carrie S.

Siegel resized my ring same day and cleaned it for free while I waited. The jeweler even pointed out a prong that was starting to wear and fixed it at no charge. This is what real customer care looks like.

2 months ago

Derek & Jenna F.

Derek & Jenna F.

We designed our wedding bands completely from scratch. The process was so fun — they walked us through every metal, every finish, every engraving option. The final result was beyond what we imagined. Truly one-of-a-kind.

8 months ago

Patricia L.

Patricia L.

I've been shopping at Siegel for 30 years and the quality has never wavered. My daughter just got engaged and of course we went straight to Siegel. Watching her try on rings in the same store where I bought my own was a very special moment.

5 months ago

Ryan O.

Ryan O.

I was completely lost when it came to buying an engagement ring. The team at Siegel walked me through everything with zero pressure. I ended up with a GIA-certified diamond that was better quality and lower price than anything I'd seen online. Couldn't be happier.

6 weeks ago

Koli Mitogo

Koli Mitogo

I've been to many jewelry stores over the years, but Siegel Jewelers is in a class of their own. The staff remembered my name on my second visit, helped me find the perfect anniversary gift within my budget, and even gift-wrapped it beautifully. This is what shopping should feel like.

2 weeks ago

Sarah M.

Sarah M.

My fiancé proposed with a ring from Siegel and I couldn't be more in love with it. The diamond is absolutely stunning and the setting is exactly what I'd always dreamed of. The team helped him pick something perfect without me knowing — they really listened to what he described about my style.

1 month ago

James K.

James K.

Brought in a family heirloom ring for repair and restoration. The craftsmanship on the repair was impeccable — you can't tell it was ever damaged. They also cleaned and polished it at no extra charge. The ring looks better than it has in decades.

3 weeks ago

Emily R.

Emily R.

I was completely overwhelmed trying to choose an engagement ring on my own. The team at Siegel spent two hours with me, never rushing, explaining every option. I left with a ring I'm obsessed with and a much better understanding of diamonds. Worth every penny.

2 months ago

Michael T.

Michael T.

Six generations of family ownership shows in every interaction. The knowledge, the care, the attention to detail — it's unlike any other jewelry store I've visited. They treated my $800 purchase with the same respect as someone spending $8,000.

5 months ago

Amanda B.

Amanda B.

The custom design process was incredible. They took my rough sketch and turned it into the most beautiful ring I've ever seen. The CAD preview was spot-on, and the finished piece exceeded my expectations. I get compliments every single day.

3 months ago

Brian W.

Brian W.

I've been a Siegel customer for 15 years. Every purchase has been perfect, every repair flawless, every interaction warm and professional. This is the only jewelry store I'll ever recommend to friends and family in Grand Rapids.

6 weeks ago

Natalie R.

Natalie R.

I brought in my grandmother's ring to be redesigned into something I could wear every day. The custom design team was incredible — they kept the sentimental stones and created something modern and stunning. I cry every time I look at it.

4 months ago

Tom H.

Tom H.

Bought my wife's engagement ring here 20 years ago and just came back for our anniversary. The service is exactly the same — warm, knowledgeable, and never pushy. A true Grand Rapids institution.

7 months ago

Lindsey P.

Lindsey P.

I was nervous about buying jewelry for the first time but the team made me feel so comfortable. They explained everything about the 4 Cs, showed me options in my budget, and never made me feel judged. Left with a gorgeous necklace and a huge smile.

3 weeks ago

Marcus D.

Marcus D.

The Sunshine Guarantee alone sold me — but the experience sealed it. The staff spent over an hour with me, never rushing, helping me find the perfect ring for my proposal. She said yes, and we're both obsessed with the ring.

1 month ago

Carrie S.

Carrie S.

Siegel resized my ring same day and cleaned it for free while I waited. The jeweler even pointed out a prong that was starting to wear and fixed it at no charge. This is what real customer care looks like.

2 months ago

Derek & Jenna F.

Derek & Jenna F.

We designed our wedding bands completely from scratch. The process was so fun — they walked us through every metal, every finish, every engraving option. The final result was beyond what we imagined. Truly one-of-a-kind.

8 months ago

Patricia L.

Patricia L.

I've been shopping at Siegel for 30 years and the quality has never wavered. My daughter just got engaged and of course we went straight to Siegel. Watching her try on rings in the same store where I bought my own was a very special moment.

5 months ago

Ryan O.

Ryan O.

I was completely lost when it came to buying an engagement ring. The team at Siegel walked me through everything with zero pressure. I ended up with a GIA-certified diamond that was better quality and lower price than anything I'd seen online. Couldn't be happier.

6 weeks ago

Koli Mitogo

Koli Mitogo

I've been to many jewelry stores over the years, but Siegel Jewelers is in a class of their own. The staff remembered my name on my second visit, helped me find the perfect anniversary gift within my budget, and even gift-wrapped it beautifully. This is what shopping should feel like.

2 weeks ago

Sarah M.

Sarah M.

My fiancé proposed with a ring from Siegel and I couldn't be more in love with it. The diamond is absolutely stunning and the setting is exactly what I'd always dreamed of. The team helped him pick something perfect without me knowing — they really listened to what he described about my style.

1 month ago

James K.

James K.

Brought in a family heirloom ring for repair and restoration. The craftsmanship on the repair was impeccable — you can't tell it was ever damaged. They also cleaned and polished it at no extra charge. The ring looks better than it has in decades.

3 weeks ago

Emily R.

Emily R.

I was completely overwhelmed trying to choose an engagement ring on my own. The team at Siegel spent two hours with me, never rushing, explaining every option. I left with a ring I'm obsessed with and a much better understanding of diamonds. Worth every penny.

2 months ago

Michael T.

Michael T.

Six generations of family ownership shows in every interaction. The knowledge, the care, the attention to detail — it's unlike any other jewelry store I've visited. They treated my $800 purchase with the same respect as someone spending $8,000.

5 months ago

Amanda B.

Amanda B.

The custom design process was incredible. They took my rough sketch and turned it into the most beautiful ring I've ever seen. The CAD preview was spot-on, and the finished piece exceeded my expectations. I get compliments every single day.

3 months ago

Brian W.

Brian W.

I've been a Siegel customer for 15 years. Every purchase has been perfect, every repair flawless, every interaction warm and professional. This is the only jewelry store I'll ever recommend to friends and family in Grand Rapids.

6 weeks ago

Natalie R.

Natalie R.

I brought in my grandmother's ring to be redesigned into something I could wear every day. The custom design team was incredible — they kept the sentimental stones and created something modern and stunning. I cry every time I look at it.

4 months ago

Tom H.

Tom H.

Bought my wife's engagement ring here 20 years ago and just came back for our anniversary. The service is exactly the same — warm, knowledgeable, and never pushy. A true Grand Rapids institution.

7 months ago

Lindsey P.

Lindsey P.

I was nervous about buying jewelry for the first time but the team made me feel so comfortable. They explained everything about the 4 Cs, showed me options in my budget, and never made me feel judged. Left with a gorgeous necklace and a huge smile.

3 weeks ago

Marcus D.

Marcus D.

The Sunshine Guarantee alone sold me — but the experience sealed it. The staff spent over an hour with me, never rushing, helping me find the perfect ring for my proposal. She said yes, and we're both obsessed with the ring.

1 month ago

Carrie S.

Carrie S.

Siegel resized my ring same day and cleaned it for free while I waited. The jeweler even pointed out a prong that was starting to wear and fixed it at no charge. This is what real customer care looks like.

2 months ago

Derek & Jenna F.

Derek & Jenna F.

We designed our wedding bands completely from scratch. The process was so fun — they walked us through every metal, every finish, every engraving option. The final result was beyond what we imagined. Truly one-of-a-kind.

8 months ago

Patricia L.

Patricia L.

I've been shopping at Siegel for 30 years and the quality has never wavered. My daughter just got engaged and of course we went straight to Siegel. Watching her try on rings in the same store where I bought my own was a very special moment.

5 months ago

Ryan O.

Ryan O.

I was completely lost when it came to buying an engagement ring. The team at Siegel walked me through everything with zero pressure. I ended up with a GIA-certified diamond that was better quality and lower price than anything I'd seen online. Couldn't be happier.

6 weeks ago