Diamond Cost
How Diamond Cost is Determined
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When you are shopping and pricing diamonds, you should be learning
all about the 4 C's of diamonds; cut,
color, clarity and carat which all factor into the cost.. However,
in the mind of many buyers, there is the fifth “C” that just might
have the greatest importance of all the C’s. That is the cost of
the diamond.
Diamond cost is determined by a grading
system that evaluates the cut of the diamond, the color, the
clarity and the number of carats. There is a non profit
organization called the Gemological Institute of America (GIA)
which is responsible for creating the official grading system of
diamonds, and in keeping with that system, a diamond that has more
carat weight could cost less than a smaller diamond if the larger
diamond has inferior cut, clarity or color ratings. Diamond cost
may also be determined by the seller.
Diamond Purchases
Online
The internet makes available a wealth of
information about diamonds, helping to educate buyers concerning
the value of diamonds based on size, shape and clarity- and
fortunately, diamond cost is regulated by industry standards.
Therefore, you may shop for your diamond gem stones online and have
as much confidence as you might when shopping for jewelry at your
local retailer. This is especially true when you take the time to
gain some knowledge about diamond cost and what to look for
before starting your search for the perfect stone.
Guide to Diamond Cost
Jewelers determine their own pricing on their
gem stones, rings, necklaces and other items. When considering
diamond cost, it also depends on the shape of the diamond. A ”round
brilliant” shape will likely be priced higher than an ”emerald”
shape even when the quality and size are the same.
If you are working within a small budget, such
as $500 or less, you should expect to find a diamond at a carat
weight between .15 and .25, that’s set in 10-14k gold. If your
budget allows for a diamond cost of $500 to $750, you can expect to
be able to buy one between .20 and .37 carats. If you are browsing
for a 1 carat diamond, you might expect your diamond cost to range
between $2000 and $3500.
Get the Most Diamond for Your Money
When you’re evaluating diamond cost, there are a
lot more factors to consider aside from the size of the diamond.
Keep in mind that the cut of the diamond will largely affect
diamond cost, as well as the clarity of the
diamond. You can buy multiple, smaller diamonds at less cost
than you can a single, larger diamond because of the rarity of
mining a larger sized diamond. Sometimes a diamond though beautiful
to the naked eye will have a reasonable diamond cost, but it may
possess a lesser rating for quality or tone given by the GIA.
Before you shop for your diamond, you should decide what is more
important to you; the diamond price, the size of the diamond, the
quality (the rating as given by the GIA), or how it looks when it's
worn!
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