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. 14k white gold solitaire 2.77gr. Size 54 1 laboratory grown diamond brilliant cut 2.02ct Ideal cut. F color VS1 IGI cert +lazer inscr. LG629428123 3days DHL. FEDEX. Insured Import taxes and VAT are not included and are therefore the buyers' responsibility. If winning bidder decides to cancel/withdraw they will bear risk costs of all shipping and return import duties of seller.