Lightbox to Provide Basic Grading Info on its Lab-Grown Diamonds

By John Jeffay / February 23, 2020 / www.idexonline.com / Article Link

(IDEX Online)  - Lightbox is to provide limited grading information with its mass-produced lab-grown diamonds.

The De Beers lab-grown brand decided not to grade its diamond when it launched in September 2018.

But CEO Steve Coe says the company is now responding to consumer feedback by providing basic grading information.

All LGD stones above 0.2 carats will come with minimum specifications for cut, color, clarity and carat weight.

Lightbox will use general ranges rather than specific grades, to maintain a distinction between lab-grown and its natural mined diamonds.

Instead of using the standard GIA color and clarity scales, it will specify minimum qualities - colour between G and J; clarity VS or better; cut Very Good.  It won't grade individual stones.

Lightbox will retain its across-the-board pricing structure of $800 for one carat, ?, ?$400 for a half and $200 for a quarter.

It says all stones undergo a rigorous quality-control process, so they don't require detailed reports like mined diamonds.  

"Every white Lightbox lab-grown diamond has been measured as near colorless," says the company's website.

"This is technically defined at between G and J. Every white Lightbox lab-grown diamond has been measured as VS or better. Every Lightbox lab-grown diamond has been measured as 'Very Good'."

Recent News

Uranium volatility after Russia's US export restrictions

November 25, 2024 / www.canadianminingreport.com

Gold stocks rebound on metal bounce and equity rise

November 25, 2024 / www.canadianminingreport.com

Crypto market size continues to catch up with gold

November 18, 2024 / www.canadianminingreport.com

Crypto stealing some of gold's thunder

November 18, 2024 / www.canadianminingreport.com

Gold stocks drop on metal price decline

November 11, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok