There is nothing special or eternal about diamonds, but owning one of these gemstones comes with a price. How much is a diamond worth? Average prices range from $1,500 for a 0.5-carat diamond to $21,000 for a 2-carat diamond. Actually, this question is not easy to answer. This is because the price of a diamond can vary based on several factors, including clarity, color, cut, carat weight, shape, and fluorescence.
Diamond prices are complicated. Their true value is determined by dozens of factors. At least that’s what they often tell you. It’s true, but it really doesn’t have to be that complicated.
In this guide, I’ll give you the all tools you need to calculate how much a diamond should cost, and how much a diamond is worth – because as you probably know by now the two are not the same. If there is one thing I learned during the past 14 years in the industry is that value and price are not the same. Far from it.
Here we will see the Brief Summary on the Real Diamond Cost & Worth
Dangers to avoid when buying diamonds
There are several ways to determine how much a real diamond costs. First, consider how much a diamond weighs. The weight of a diamond is measured in carats. A carat is equal to 0.2 grams, which is about as heavy as a paper clip. As a general rule, the larger the carat weight, the more expensive the diamond. But there are many other factors to consider when determining the price of a diamond.
Diamond Price Calculator
Whether you want to estimate the value of a diamond or you are looking for a diamond engagement ring and want to know how much a diamond is worth, this diamond price calculator is perfect for you. Analyze hundreds of thousands of diamonds and click the search button to get all the information you need. The default settings in the price calculator are set to 1 carat round diamond, G color, SI1 clarity, excellent cut, and no fluorescence. Without further ado, these are the finest diamonds available at the lowest price. Diamonds of the highest value.
How much does a Diamond Cost?
The cost of a diamond can vary tremendously. Some can cost several hundred dollars, while others can be priced in the thousands. Some can range in the millions, while the Queen’s crown jewels are worth a reported $4 billion.
The biggest contributing factors in determining what a diamond is going to cost are the four C’s; cut, colour, carat and clarity. If you’re looking for a diamond engagement ring, this stuff is important.
Cut
The cut of a diamond is a style guide that is used when polishing the stone rather than its actual shape. A diamond’s symmetry, proportions and polish can have an impact on the stone’s brilliance and therefore its ability to shine.
Colour
The colour of a diamond can have a tremendous impact on its cost, with the diamond’s lack of colour often making it more valuable. However, it is not only colourless stones that are highly regarded. Diamonds that possess a great depth of colour are some of the most expensive stones on the market. These stones are known as ‘fancies’ or ‘coloured diamonds’.
Carat
The size and weight of a diamond is a major contributor to its cost. Diamonds are measured in ‘carats’, an ancient measuring unit that was once used to derive the seeds of a carob tree. One carat is divided into 100 points, diamonds under 1 carat in weight are often referred to as ‘pointers’. A diamond will usually be priced on a per carat basis.
Clarity
The clarity of a diamond refers to its imperfections or lack thereof. Imperfections are also known as ‘inclusions’, occur during the crystallization process. While usually not visible to the naked eye, inclusions usually appear as small cracks or tiny flecks of black carbon. Inclusions are present on almost every diamond on the market, and while they do not detract from the beauty of a diamond, a flawless diamond with little to no inclusions will usually be more valuable.
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Other Factors
Other factors that can determine the cost of a diamond are its shape; with brilliant-cut, oval and heart being the most valuable. Fluorescence as well as the rarity of a particular stone will also play a big part in their value. Some of the rarest types of diamonds in the world are fancy diamonds including black diamonds, blue diamonds, green diamonds, orange diamonds and pink diamonds. These types of diamonds usually have a hefty price tag to reflect this.
Diamond Prices
Diamond prices are higher at brick and mortar jewelry stores than on the internet. It is important to determine what the baseline price should be, and if the price at the retail store is worth it. Some retail stores, like James Allen and Blue Nile, offer 360-degree videos of their diamonds. These videos are a great way to understand what a diamond really looks like before making an expensive purchase. When purchasing a diamond, don’t base your purchase on the grading report. Look at other factors like the weight and clarity.
The Quality of Diamond
The quality of a diamond can also impact its price. A diamond with poor cut quality can be less expensive than a diamond with a higher carat weight. However, this doesn’t mean that it is less valuable than a diamond with a higher carat weight. It is important to know the value of your diamond before purchasing it. The price of a diamond is determined by its carat weight, so don’t be fooled by the size of a stone.
Another factor that can influence the price of a diamond is the price at which it is sold. Depending on the quality and cut, half a carat diamonds can cost anywhere from $2,500 to $7,500. When considering a diamond’s cut, girdle, and culet, these are the three important variables to consider. Once you have those factors in mind, you can calculate the exact price for the diamond you want.
A stone with a lower carat weight may be cheaper than a diamond with a higher carat weight. However, a diamond with a lower carat weight can decrease in value by as much as 20%. When comparing prices between cuttier diamonds, remember that clarity and color do not affect a diamond’s brilliance, but they do impact its value. A diamond with a clarity grade of VS2 or better has the best value, as even a small inclusion is not visible to the naked eye.
Another factor that determines the price of a diamond is its clarity. Despite the fact that a diamond’s color can be a sign of its quality, most people cannot tell the difference between a colorless diamond and a nearly colorless diamond. So, if you can’t tell the difference, you shouldn’t spend a lot of money on a diamond without an actual GIA certificate. Choosing a quality diamond will ensure that your diamond will last for many years. And it will remain a symbol of love for many years to come.
The colour of a diamond also affects its price greatly. Coloured diamonds with less colour are typically more expensive than diamonds with greater colour. These diamonds are called fancy diamonds or coloured diamonds. However, the deeper the colour, the more expensive the diamond. For those who want to purchase a fancy diamond, the price of this stone will likely increase by several thousand dollars. If you’re looking for a unique diamond to give your loved one, make sure to research its colour carefully before buying it.
Diamonds are priced per carat. Consequently, a 0.50 carat diamond would cost $1400 and a one-carat diamond would cost $4100. As the weight of a diamond increases, its price also rises exponentially. A 2 carat D VS1 diamond would cost about $40000 to $42000. Likewise, a diamond of that color would cost approximately $20000. If you’re looking for an expensive diamond, it would be better to opt for a half-carat diamond.
Aside from carat weight, diamonds are priced by carat and shape. A two-carat round brilliant cut diamond can cost up to $50,000, while a 1.5-carat diamond with SI2 clarity costs around $7400. In fact, the price of a diamond can increase by up to 30% depending on its cut and color. A diamond with higher clarity is the best way to ensure its quality and value.
Conclusion
The shape of a diamond affects its price. While round diamonds are the most common and recognizable diamond, they require significant amount of diamonds to produce. Other diamond shapes are rarer and cost more than round diamonds. Also, diamonds with colorless or yellowish tint are more expensive.
If you’re considering buying a diamond for your engagement ring, choose one with an excellent cut. When selecting a diamond, you can also choose between different cut grades, color grade and shape.
