Diamond Cost
Diamond Prices
How Diamond Price is Determined
When you are shopping and pricing diamonds, you should be learning all
about the 4 C's of diamonds; cut, color, clarity and carat. 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 diamond price.
The genuine pricing of a diamond 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. 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 prices 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 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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