Grown Diamond Corporation

Lab-Grown Diamond Is As Real As Mined, It’s Official

Lab Grown Diamonds

The Federal Trade Commission (FTC) in the United States has changed the definition of diamonds in its jewelry guidelines by removing the word ‘natural’. This further reinforces the position of lab-grown diamonds as real diamonds.

 

How often have you found yourself in a dilemma when buying diamonds? Most people are torn between choosing between the two types of diamonds based on the sources they come from:  mined diamonds and lab-grown diamonds. If your decision is based on the factors of cost and the need to consciously buy an ethical product, you would definitely choose a man-made diamond. But for years, we’ve been told that only those diamonds that are created and sourced from the earth are real diamonds.

 

Finally, with this change by the FTC, which is based on scientific facts, most consumers are getting clarity about the misleading terms and the general confusion related to the authenticity of diamonds. The FTC guides are formed to protect consumers from deceitful communication by marketers and help consumers make informed choices.

 

Changes made by the FTC

Considering that the earlier definition was made in the year 1956, after which technological advances have made it possible to create diamonds in labs, the FTC eliminated certain words related to mined and man-made diamonds. Some of the crucial changes are:

 

Earlier, man-made diamonds could not be called real, cultured, genuine, stone, or birthstone. However, with the new guidelines, man-made diamonds can include these terms in their glossary.

 

Consumers’ gain

On one hand, this move by FTC has brought worry to the mined diamond industry, and on the other hand, consumers and man-made diamond producers have gained immensely. Consumers will now be sure that the diamonds they buy are, in fact, real. For diamond producers and sellers, it comes as a relief as they can now communicate with consumers with much clarity and confidence.

 

The diamond industry’s benefit

Man-made diamonds are about 30% cheaper than mined diamonds. Man-made diamonds are ethically produced and contribute to conscious buying and selling. Man-made diamond producers and jewelry brands will now be able to comfortably and confidently market their products as real and genuine without causing confusion for consumers. As manufacturing technologies for man-made diamonds advance, the supply of these diamonds will increase to meet the market demand. The prices, too would see a decrease, meaning more consumers would be able to purchase real diamonds.

Whether mined or man-made, a greater number of consumers will be able to afford and buy real diamonds, which is a delightful promise for consumers.



{"AutoID":12,"DateCreation":"\/Date(1605034385110)\/","DateModified":"\/Date(1696417380210)\/","CreatedBy":null,"ModifiedBy":"Rahul Bohra ","RecordStatus":"A","Title":"Lab-Grown Diamond Is As Real As Mined, It’s Official","SubTitle":"The Federal Trade Commission (FTC) in the United States has changed the definition of diamonds in its jewelry guidelines by removing the word ‘natural’...","Description":"\u003cp dir=\"ltr\"\u003eThe Federal Trade Commission (FTC) in the United States has changed the definition of diamonds in its jewelry guidelines by removing the word \u0026lsquo;natural\u0026rsquo;. This further reinforces the position of\u0026nbsp;lab-grown diamonds\u0026nbsp;as real diamonds.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eHow often have you found yourself in a dilemma when buying diamonds? Most people are torn between choosing between the two types of diamonds based on the sources they come from: \u0026nbsp;\u003ca href=\"https://www.growndiamondcorp.com/blog/difference-between-synthetic-and-mined-diamonds/\"\u003emined diamonds\u0026nbsp;\u003c/a\u003eand \u003ca href=\"https://www.growndiamondcorp.com/blog/types-of-lab-grown-diamonds/\"\u003elab-grown diamonds\u003c/a\u003e. If your decision is based on the factors of cost and the need to consciously buy an ethical product, you would definitely choose a\u0026nbsp;man-made diamond. But for years, we\u0026rsquo;ve been told that only those diamonds that are created and sourced from the earth are real diamonds.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eFinally, with this change by the FTC, which is based on scientific facts, most consumers are getting clarity about the misleading terms and the general confusion related to the authenticity of diamonds. The FTC guides are formed to protect consumers from deceitful communication by marketers and help consumers make informed choices.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003ch2\u003e\u003cstrong\u003eChanges made by the FTC\u003c/strong\u003e\u003c/h2\u003e\r\n\r\n\u003cp\u003eConsidering that the earlier definition was made in the year 1956, after which technological advances have made it possible to create diamonds in labs, the FTC eliminated certain words related to mined and\u0026nbsp;\u003ca href=\"https://www.growndiamondcorp.com/\"\u003eman-made diamonds\u003c/a\u003e. Some of the crucial changes are:\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\"\u003eThe new definition reads, \u0026ldquo;A diamond is a mineral consisting essentially of pure carbon crystallized in the isometric system.\u0026rdquo;\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\"\u003eThe word \u0026ldquo;natural\u0026rdquo; is eliminated from the earlier definition.\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\"\u003eThe word synthetic has been removed in conjunction with man-made diamonds.\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\"\u003eA clear distinction has been made between man-made diamonds and cheap diamond simulants.\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli\u003eIt\u0026nbsp;states the use of words such as \u0026ldquo;composite\u0026rdquo;, \u0026ldquo;hybrid\u0026rdquo;, \u0026ldquo;laboratory-grown\u0026rdquo; and \u0026ldquo;lab-created\u0026rdquo;, is unfair and deceptive.\r\n\t\u003cp\u003e\u0026nbsp;\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eEarlier, man-made diamonds could not be called real, cultured, genuine, stone, or birthstone. However, with the new guidelines, man-made diamonds can include these terms in their glossary.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003ch2\u003e\u003cstrong\u003eConsumers\u0026rsquo; gain\u003c/strong\u003e\u003c/h2\u003e\r\n\r\n\u003cp\u003eOn one hand, this move by FTC has brought worry to the \u003ca href=\"https://www.growndiamondcorp.com/blog/why-real-synthetic-diamonds-are-cost-effective/\"\u003emined diamond industry\u003c/a\u003e, and on the other hand, consumers and man-made diamond producers have gained immensely. Consumers will now be sure that the diamonds they buy are, in fact, real. 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