Rapidly changing prices

The Rapidly Changing Market for Lab-Grown Diamonds

Over the past few years, lab-grown diamonds have become increasingly popular, and with that popularity, the industry has experienced major shifts. Since 2018, the price of lab-grown diamonds has dropped significantly. For example, a 1-carat lab-grown diamond that might have cost around $5,000 in 2018 can now be found for around $1,000-$1,500.

Here’s a deeper dive article from Works in Progress by Javid Lakha.

This decline in prices is due to advancements in technology and increased competition among diamond manufacturers, making lab-grown diamonds more accessible to consumers.

“The lab-grown diamond market is evolving quickly, and prices are becoming more favorable for buyers every day,” says Andrew Fox, President of SuperJeweler. “For those willing to shop sales and promotions, the savings can be substantial.”

Why Look for Sales? A Buyer’s Guide

With the prices of lab-grown diamonds continuing to fall, it’s a smart strategy to watch for discounts and time your purchase to coincide with special sales. Here’s why:

• Get More for Your Money: Because the prices of lab-grown diamonds are declining, the discounts you see during sales are more than just marketing ploys—they’re a reflection of real price drops. This means that by shopping during a sale, you’re likely to find larger stones or higher clarity diamonds for the same budget.
• Take Advantage of Seasonal Sales: Like many industries, the jewelry market is driven by seasonal trends. SuperJeweler offers promotions during major shopping periods like Valentine’s Day, Mother’s Day, and Black Friday. These events are perfect opportunities to find a beautiful lab-grown diamond engagement ring at a fraction of the cost. Browse our current promotions to see the latest deals.
• Don’t Miss Out on Clearance Deals: As new diamond batches are produced, older inventory often goes on clearance. This can result in deep discounts on stunning diamonds that are just as beautiful as the latest arrivals. SuperJeweler frequently updates its stock, so it’s worth keeping an eye on our sale section for these clearance prices.

“Buying during a sale can make all the difference in getting the diamond of your dreams while staying within your budget,” adds Scott Berkebile, GG from the GIA and Vice President at SuperJeweler. “It’s about timing and knowing where to look.”

How SuperJeweler Makes It Easy to Save

At SuperJeweler, we believe in offering exceptional value every day, but we also understand the excitement of finding a great deal. Our high/low pricing strategy means that we are always offering special discounts and seasonal promotions to give our customers access to the best prices. Here’s how we make shopping for diamonds easy and rewarding:

• Transparent Pricing: We don’t inflate prices just to discount them later. Our everyday prices are competitive, and our discounts are genuine. This means you can trust that the sale prices you see on our website represent real savings. For example, you can find 3-carat lab-grown diamond earrings at prices that are significantly lower than traditional jewelry stores. Check out our lab-grown diamond earrings to see current deals.
• Lifetime Guarantee: One of the concerns shoppers have when buying a discounted diamond is whether they’ll be sacrificing quality. At SuperJeweler, every diamond—whether purchased at full price or on sale—comes with a lifetime guarantee. This covers any defects in craftsmanship or materials, giving you peace of mind that your investment is protected for years to come. Learn more about our Lifetime Guarantee here.
• Best Price Guarantee: If you find a similar diamond elsewhere at a lower price, we’ll match it. Our Best Price Guarantee ensures that you’re always getting the best deal when you shop with us. This allows you to shop confidently, knowing that you’re making a wise purchase.

“With our price matching policy and lifetime guarantee, our customers can feel secure knowing they’re getting not only a great deal but also a diamond that’s built to last,” says Scott Berkebile.

Tips for Savvy Diamond Shoppers

If you’re in the market for a lab-grown diamond, here are some practical tips to help you maximize your savings:

1. Sign Up for Email Alerts: Be the first to know about upcoming sales and exclusive offers by signing up for SuperJeweler’s newsletter. This way, you won’t miss out on limited-time deals on lab-grown diamonds.
2. Compare Carat Weights: With prices falling, consider going up a carat size. For instance, if your original budget was for a 1-carat diamond, a sale might allow you to afford a 1.5 or 2-carat diamond without exceeding your limit. Visit our collection of lab-grown diamond rings here to see how size and price compare.
3. Shop During Key Dates: Keep an eye out for holiday sales like Valentine’s Day or Cyber Monday when retailers, including SuperJeweler, offer their best prices of the year.

Why SuperJeweler Is the Best Place to Shop for Lab-Grown Diamonds

With the diamond market evolving and prices becoming more favorable, it’s crucial to choose a retailer that not only offers competitive prices but also provides a transparent, stress-free shopping experience. At SuperJeweler.com, we pride ourselves on being a leader in the lab-grown diamond space, offering customers real value without sacrificing quality or service.

We have over 20 years of experience serving millions of satisfied customers, and we’re here to make your diamond shopping experience a positive one. Our team of experts, including Scott Berkebile, GG from the GIA, is always available to answer your questions and guide you through the process.

“Our commitment to transparency, combined with our unmatched pricing, sets us apart from other retailers,” says Andrew Fox. “We’re not just selling diamonds; we’re helping people make memories that last a lifetime.”

Conclusion: Timing Is Everything When Shopping for Lab-Grown Diamonds

With prices falling and sales offering deeper discounts, there’s never been a better time to shop for a lab-grown diamond. By staying alert to promotions, comparing options, and choosing a retailer that values transparency, you can find the perfect diamond at a price that fits your budget.

At SuperJeweler.com, we’re here to help you navigate the diamond market, offering affordable prices every day and genuine discounts that make it easy to find the ring of your dreams. Visit our Lab-Grown Diamond Collection today and see how much you can save.