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Understanding The Price Of Loose Diamonds

With online shopping’s overtaking of retail stores, more and more customers are doing all of their holiday shopping online. For many couples, that means jewelry. However, buying diamonds online takes a bit more knowledge that picking out a sweater. To help our customers better understand the price of loose diamonds, we’ve put together this guide ahead of the holiday season. Known as the Four C’s, we’ve outlined how cut, color, clarity, and carat weight are factors which determine the price of a diamond.

Cut Is King

When it comes to the price of loose diamonds, cut is the most important of the Four C’s. Cut, though, refers to the quality of a diamond’s cut and not to the diamond’s shape. Essentially, the higher the quality of the cut, the higher the price. This is because a diamond’s cut will determine the proportions of the diamond, and therefore diamond cut determines the amount of reflected light. This means better quality cuts will create more fire and brilliance. Rated from highest to lowest, diamond cuts range from fair to good to very good to excellent to Affinity.

diamond cut example
An example of a diamond’s proportions with the cut rated Very Good. Diamond cut has a high impact on the price of loose diamonds.

Color and Clarity

Clarity and color are closely related because both terms refer to a lack of elements that will reduce light refraction. The best diamonds, then, are referred to as “colorless” diamonds as they appear to be completely clear. Additionally, diamonds with “flawless” clarity will have no inclusions- marks inside the diamond- or blemishes which are surface marks. Diamond color ranks from K, representing diamonds which have a yellow or brownish hue, to near colorless diamonds in the J through G range then colorless diamonds in D, E, and F. Clarity tops out at flawless followed by internally flawless then VVSI down to the low end of Slightly Included 2.

Why Carat Weight Matters

Finally, carat weight is the diamond’s size. Carat, though, is probably the most commonly recognized element of the Four C’s. For example, many times entertainment media will refer to a star’s diamond by carat size. Although carat size is the least important factor of the Four C’s, it still has a major impact on the price of a diamond. While diamonds of the same carat size will range in price due to cut, color, and clarity, larger diamonds cost exponentially more. This is because larger diamonds are much more rare, and finding them with ideal qualities even more so.

When shopping for the perfect diamond jewelry this year, it is best to be informed. Continue your diamond education on Adiamor!

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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!