Just like natural diamonds, lab grown diamonds also have a growing resale market. Many reputed jewelers offer good resale value for high quality lab diamonds that are independently graded. Some trustworthy jewelers also offer lifetime trade-in assurance for diamond jewelry studded with independently graded lab grown diamonds purchased from their shop.
Resale Market For Diamonds
Diamonds that are bought as investments are usually rare ‘investment grade’ natural mined diamonds. Any diamond other than such unique stones mostly fetches a resale value that is lesser than what you paid for the stone at the time of purchase. Jewelers often get diamonds from wholesale dealers at an attractive price, which is usually way below what the general public would pay for those stones at the time of purchase. This means the diamond would fetch a resale price that is much lesser than its wholesale price so that the jeweler can resell it for a profit.
This is applicable to all types of pre-owned diamonds, irrespective of whether they are natural or lab made diamonds. There are rare cases of diamond jewelry fetching handsome prices due to its antique value or some unique characteristics or appeal of that particular piece of jewelry.
Reselling Lab Diamonds
As opposed to popular belief, lab grown diamonds are neither readily available nor flooding the market. It is a fact that lab grown diamonds make up for only a fraction of the total diamond market. There is always a scarcity in the market for big, good quality lab grown diamonds in fancy shapes. Many jewelers who trade in lab grown diamonds may offer a fair value for a pre-owned stone of high quality. Also rare are colored lab grown diamonds with high clarity and beautiful cuts. Such stones or jewelry studded with such stones may fetch a good price in the resale market.
It is illogical to compare the resale value of natural and lab grown diamonds since a buyer usually buys a natural diamond at more than twice the price of a lab grown diamond of the same specifications. Therefore, it is only fair to assume that diamonds in each category would fetch a resale price proportionate to the actual value of the diamond.
Many people are reluctant to buy lab grown diamond jewelry because of a lack of trustworthy information regarding their resale value. Just as high quality natural diamonds fetch a decent resale price, good quality pre-owned lab grown diamonds can also be sold at a price that is proportionate to the original value of the diamond.