The best replacement for lob wedge is sand wedge.

The best alternatives to lob wedge are rated as following:
★★★★★  sand wedge
★★★★  gap wedge
★★  pitching wedge
★  approach wedge
★  5 wood
  wedge

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Speaking about lob wedge, one probably shouldn't forget about most backspin.

Other search terms related to lob wedge and their ratings are:
★★★★★ most backspin
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lob wedge
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gap wedge