The first ever engagement ring was likely given in Ancient Egypt around 1,800 BC. The ring was made of gold and had a small bead of semi-precious stone in the center. It is believed that the ring symbolized the eternal love between the couple.
The first engagement ring with a diamond was not given until the 15th century. The diamond was a gift from Archduke Maximilian of Austria to Mary of Burgundy. The ring was made of gold and had a large diamond in the center. It is believed that the diamond represented the couple’s wealth and power.
The first engagement ring with a lab grown diamond was given in 2005. The ring was created by the company Apollo Diamonds and was given to a woman named Sarah. The ring was made of platinum and had a 1-carat lab grown diamond in the center. It is believed that the ring represented the couple’s commitment to each other and to a more sustainable future.
The use of lab grown diamonds in engagement rings has been growing in popularity in recent years. This is due to a number of factors, including the fact that lab grown diamonds are more affordable than natural diamonds, they are more ethical, and they are available in a wider range of colors and sizes.
In 2021, the American Gem Society (AGS) estimated that the global market for lab grown diamonds was worth $2.5 billion. The AGS also predicted that the market for lab grown diamonds would continue to grow at a rate of 15% per year for the next five years.
The use of lab grown diamonds in engagement rings is a relatively new trend, but it is one that is likely to continue to grow in popularity in the years to come. This is due to the fact that lab grown diamonds offer a number of advantages over natural diamonds, including affordability, ethics, and availability.
Here are some of the advantages of using lab grown diamonds in engagement rings:
- Affordability: Lab grown diamonds are significantly more affordable than natural diamonds. This is because they do not require the same mining and extraction process, which is both expensive and harmful to the environment.
- Ethics: Lab grown diamonds are considered to be more ethical than natural diamonds. This is because they do not require the mining of diamonds, which can have a devastating impact on the environment and the communities that live near diamond mines.
- Availability: Lab grown diamonds are available in a wider range of colors and sizes than natural diamonds. This means that couples can find the perfect lab grown diamond for their engagement ring, regardless of their budget or preferences.
If you are considering an engagement ring with a lab grown diamond, there are a few things you should keep in mind. First, it is important to make sure that the lab grown diamond is certified by a reputable gemological laboratory. This will ensure that the diamond is of high quality and that it is not a simulant, such as cubic zirconia.
Second, you should be prepared to pay a premium for a lab grown diamond. While they are still significantly more affordable than natural diamonds, lab grown diamonds are not as inexpensive as they once were.
Finally, you should be aware that not all jewelers sell lab grown diamonds. If you are interested in an engagement ring with a lab grown diamond, you will need to find a jeweler that specializes in lab grown diamonds.
Overall, lab grown diamonds are a great option for couples who are looking for an affordable, ethical, and sustainable engagement ring. If you are considering a lab grown diamond for your engagement ring, be sure to do your research and find a reputable jeweler who can help you find the perfect ring for your budget and preferences.