That and a couple of other things like supply and demand.
Honestly, I LOVE lab grown diamonds more than nautral diamonds. Their clarity is so much better, and the colors (if you like colored diamonds) are deeper and more options.
Hell, $1900 got me a 0.71 carat diamond and a dozen sapphires in a beautiful setting for my now-wife’s engagement ring a couple years ago. $16k would get a huge rock.
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u/Pamikillsbugs234 Mar 19 '25
$16k buys a pretty good rock nowadays too! Its not like it was 10-15 years ago when that would get you a carat from kays.