How Much Is a Round Cut Lab Grown Diamond VVS1?

Lab-grown diamonds are very popular. It’s because they are eco-friendly and affordable. This leads us to the question “How much is a round cut lab-grown diamond VVS1?”

However, it’s difficult to calculate the value. Because there are several factors that affect the price. Let’s explore:

What is a Lab Grown Diamond?

These are real diamonds. The only differences between them and natural ones that, lab grown are made in the lab.

Apart from that, both of them have the same properties. In addition to this, natural and lob grown are chemically and physically identical.

Lab-grown diamonds are much more sustainable. Not to mention, they have a lower environmental impact. They are also more affordable. This is why they are so popular among users.

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What is a VVS1 Diamond?

VVS1 stands for Very Very Slightly Included. This code indicates a high clarity grade.

In other words, you can only see tiny inclusions in VVS1 diamonds. In fact, inclusions are hard to see fewer than 10x magnifications. That’s why VVS1 diamonds are near-flawless.  This makes them highly valued for their clarity.

Average Cost of a Round Cut Lab Grown Diamond VVS1

So, how much is a round cut lab grown diamond? The answer is it highly depends!

A round-cut lab-grown diamond VVS1 typically cost $1,000 and $3,000 per carat. This means it costs between ₹83,500 and ₹250,500.

The price highly depends on several factors. Carat weight, cut quality, color, and fluorescence are few factors. Let’s discuss these factors below.

6 Factors Affect a Lab Grown Diamonds Value

There are various factors that affect lab grown diamond’s price and value. Let’s see what these factors are below:

1. Carat Weight

Just like real natural diamonds, carat weight is a big factor that affects cost in lab grown diamonds. As a general rule of thumb, larger diamonds cost more than the smaller ones. That’s how the carat weight affects the price significantly.

2. Cut Quality

 The second factor is the quality of the cut.  The cut of lab grown diamond will highly affect its value. Well-cut diamonds have a good shine. Moreover, an ideal and excellent cut holds more value. This is why diamonds with high cut are super expensive.

3. Color Grade

Lab grown diamonds come in different colors. Color affects the lab grown diamond’s price. D, E, and F grades are colorless and most valuable. G, H, I, and J grades have slight color and are less expensive.

4. Clarity Grade

Clarity is yet another important factor to consider. For example, VVS1 is a high clarity grade. It indicates very few inclusions in the diamond. Consequently, the more clear a lab grown diamond is, the more it values and costs.

5. Fluorescence

The fifth factor which can affect the value of lab grown diamonds is Fluorescence. It can have a high value for various reasons. While a strong fluorescence can lower the price, a weak fluorescence means higher price. Moreover, faint fluorescence has minimal impact.

6. Certification

 The last factor is certificates. A certificate is proof of lab grown diamond’s quality. GIA and IGI are reputable labs that are certified. Moreover, certified diamonds are more reliable. That’s why these are more expensive as well.

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How To Calculate the Cost of a Lab Grown Diamond?

Calculating the cost involves several steps. Let’s look at these steps. These are:

1. Determine Carat Weight

If you want to identify the value of a lab grown diamond, you need to learn its carat weight. It’s important to identify the carat weight. Reason being, the cost directly depends on it. For example, larger carat weights cost more.

2. Evaluate Cut Quality

 As we discussed in factors, cut and its quality can affect cost. So, when you are buying a lab grown diamond, it’s important to assess the cut quality. Keep in mind, ideal and excellent cuts are more valuable.

3. Check Color Grade

You need to identify the color grade. Color of the diamond can highly affect its value as a whole. Different colors have different costs. But the colorless diamonds (D-F) are more expensive.

4. Assess Clarity Grade

Clarity grade affects cost therefore, you need to determine the clarity grade. VVS1 indicates high clarity and fewer inclusions. Take a note of this when making a purchase.

5. Check for Fluorescence

To calculate the cost, you need to identify fluorescence. If you find strong fluorescence can reduce value. Minimal fluorescence in diamonds makes them expensive.

6. Look for Certification

Lastly, to check the value of a VVS1 diamond, you need to ensure the diamond is certified. GIA and IGI certifications are preferred. And it’s important you only buy diamonds with certificates.

Conclusion

VVS1 diamonds are super popular among people. These are very high quality diamonds. To be specific these are lab grown diamonds. So, how much does it cost? In this blog, we answered just that. Plus, the factors that affect cost as well as how to calculate it.  

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