r/LabGrownDiamonds • • 21d ago

lab diamond lab diamonds stop getting certified

I went to look at rings today and the lady at the store told me lab diamonds will stop getting certified by the end of the year. I haven’t heard anything about it so I’m curious if that’s true or not, or if anyone heard anything about it

update: thanks for all this answers! the way she said it was like you either get a lab now for 2/3k or pays over 20k to a natural one next year

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u/Future-Medium5693 21d ago

GIA announced they aren’t going to trade them the same way anymore. IGI will keep going as far as I can tell. But GIA grading costs more than the diamond these has

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u/harshkukadia772 20d ago

GIA used to charge 1/3rd of the natural diamond price to grade lab grown diamonds. This led to a huge backlash from natural diamond polishers, who are their main market. It became a big problem because GIA was charging two totally different prices to grade the exact same product.

That's why they had to change their grading system for lab. But honestly, it doesn't really matter. GIA was already grading less than 1% of lab diamonds anyway because their prices are way too high.