Lab Grown Diamond Engagement Rings?

Hi everyone!

HENRY who plans to marry another HENRY. Recently looking at engagement rings this week (specifically the diamond) and wow the market difference between lab grown and from-the-earth diamonds is staggering.

For reference, I was considering: 3 carat, ideal cut, VS1, with color around F.

From-the-earth diamonds cost $35,000 whereas lab grown cost $3,500 on the upper end!

I am still very new to the jewelry industry, is there something I am missing? Anything else I should consider that is not being reflected in the price? Would love to hear your thoughts and perspectives!