Lightbox Introduces Bigger and Better Lab Growns

Lightbox Introduces Bigger and Better Lab Growns
Pic shows Lightbox two-carat pink and blue diamond earrings in a halo setting.

Lightbox is to sell bigger lab grown diamonds – up to two carats – at the same flat rate of $800 per carat.

It is also introducing a premium lab grown range, called Finest, of stones guaranteed to be VVS clarity, colorless D, E, F with an excellent cut.

Both moves suggest the De Beers company sees increasing potential in the lab grown sector.

Last November it opened a $94m factory near Portland, Oregon, USA, capable of producing 200,000 carats a year.

The industry was shocked back in 2018 when De Beers, which had enjoyed a near-monopoly of the mined diamond industry, announced that it would start manufacturing and selling lab-growns.

Lightbox said in a press release that it would be offering pink, blue and white lab-grown diamonds in sizes up to and including two carats, for $800 per carat. The largest

For example, a a two-carat round brilliant lab-grown diamond pendant will retail for $1,600 plus the cost of the setting.

The new Finest range, of one-carat pink, blue and white stones will cost $1,500 per carat.
All new offerings will be available on the Lightbox website from late October and via retail partners, both online and physically, from early next year.

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