What are lab-grown Diamonds? Lab-grown diamonds are diamonds produced by scientists using technology that recreates the conditions under which diamonds form deep in the earth. A lab-grown diamond is chemically, physically, and optically identical to diamonds that formed naturally - the only factor that makes them different from a natural diamond is that they originate from a lab. For that reason, lab-grown diamonds cannot be considered ‘rare’ or ‘unique’ and as such they represent a more affordable option when compared to natural diamonds and are valued at a considerable lower price per carat. Laboratory Grown Diamond graded by IGI Set In 14kt White Gold Ring. Shape: Round Brilliant Weight: 3.02CT Color: Fancy Intense Blue Clarity: VS1 Cut: Excellent Polish: Excellent Symmetry: Excellent Fluorescence: None Laser inscription IGI: LG726564620 Total Ring Weight: 1.50 gr. Metal: White Gold Purity: 14kt (585) We ship everything secured and discreet by Malca-Amit - FedEX - DHL. Your country of residence may apply extra customs duties and import taxes. Please note that the buyer is always responsible for customs duties on international shipments. Please contact the tax office in your area for the detailed amount.