While lab-grown diamonds make up only about 10 per cent of total sales, their share of the overall market more than doubled between 2020 and 2022
When Isabelle Crew chose a lab-grown diamond instead of a traditionally mined sparkler for her engagement ring, one friend warned her it would have a lower resale value.
But with the 1.7-carat oval-shaped diamond solitaire of her dreams twinkling on her finger, the 28-year-old Toronto woman says she found it easy to laugh off those concerns.
“This is an engagement ring. I really hope I don’t have to resell it someday,” Crew said.
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