Why Do 1 Carat Diamond Prices Vary So Much?

When many people start shopping for engagement rings, they are unaware of how complex the process is. The first thing to do when buying diamonds online is to get educated about the four c’s. Learn about cut, clarity, color, and carat weight are all extremely important in deciding which diamond to purchase.  For many shoppers, the first item on their wish list is carat weight. However, carat weight is generally considered to be the last characteristic to consider. Because of this, 1 carat diamond prices can vary dramatically. While many customers will search for a 1 carat diamond, they are surprised to find the costs can vary between $1,000 and $13,000. To best help our customers be educated about their diamond purchases, we’ve put together this explanation as to why 1 carat diamond prices vary so much.

Cut, Clarity, and Color

As we’ve mentioned many times before, cut is the most important factor in determining a diamond’s value. The highest quality of cut is affinity, and affinity cut diamonds will have perfect symmetry. This means the diamond will produce the maximum amount of fire and brilliance, and therefore has the highest impact on how much a diamond costs. Additionally, clarity describes the amount of inclusions, or internal markings, that a diamond possesses. These inclusions are unique to each diamond, and they are also used to help identify and appraise diamonds. Finally, the most valuable diamonds are colorless diamonds. This means the diamond has not been affected by external sources that tint the diamond with yellow or brownish hues. Colorless diamonds allow for the maximum amount of light to pass through, which then provides the most sparkle.

 

1 carat diamond
The price of a 1 carat diamond can vary widely based upon cut, clarity, and color.

Tips On Shopping For Value

When shopping for an engagement ring on a budget, it is important to shop for diamonds with value in mind. Because a diamond’s cut is so important, be sure to select a loose diamond with at least a very good cut. Diamonds that have a clarity of Very Very Slightly Included will not contain inclusions visible the naked eye. In fact, a microscope would need at least 10x magnification to identify internal flaws. Finally, a 1 carat diamond that is near colorless in the G to I range will appear to be crystal clear to the naked eye. When these factors are combined with a 1 carat weight diamond, typical prices start around $5,000. While this is only a starting point, it does help first time diamond buyers understand how much they are spending on diamonds– and why a 1 carat diamond can vary so much in price.

To learn more about diamonds, visit the Adiamor Diamond Education center today!

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