Before you go out and buy a loose diamond, you should do some research on the diamond’s origins. It’s critical to be sure the website you’re working with is reputable and well-known. Always purchase diamonds that have been certified. To ensure that buyers receive the highest quality diamond, certified diamonds are submitted to rigorous quality inspections in the laboratory by an experienced gemologist.
An online jewelry store is the greatest location to acquire a loose diamond at the finest price. Online platforms offer premium-quality diamonds at competitive prices. When it comes to purchasing loose diamonds, the world has changed dramatically. Gone are the days when you needed to know someone who would use every trick in his or her bag to make sure you got a good price.
Loose Diamonds In The Market
The value-add in the diamond world occurs during the procedure outlined above, which occurs after loose diamonds have been cut. Because the cutter generates jewelry-quality loose diamonds from the rough, he raises the price when he sells his goods to compensate for his added value.
When a rough diamond is extracted from a mine, it is cut and polished into a product known as a “loose diamond.” This loose diamond can be used to create a ring, pendant, earring, bracelet, anklet, crown, or another jewelry piece. Customers who purchase loose diamonds for investment grounds can also sell them loose.
In 2018, the worldwide diamond market was worth USD 87.31 billion, and it is expected to increase at a CAGR of 3.0% from 2019 to 2030. The industry’s expansion can mostly be due to increased demand for jewelry applications, particularly in Asia Pacific emerging nations like India and China.
How Much Are Diamonds Worth?
The cost of a diamond is complicated. Dozens of things influence their true worth. At least, that’s what they tell you all the time. True, but it doesn’t have to be quite so difficult.
In this article, I’ll show you how to determine how much a diamond should cost and how much a diamond is worth – because the two aren’t the same, as you surely already know. One thing I’ve learned in my 14 years in the profession is that value and price are rarely synonymous. Not at all.
In summary… The attraction of a diamond determines its worth. The GIA established a diamond grading process known as the 4 C’s of diamonds in an attempt to regulate the industry and develop a standard for diamond comparison.
Cut, Color, Clarity, and Carat are the four C’s of diamonds. As I previously stated, the reality is more complicated than that, and as diamond dealers, we consider dozens of criteria, but our grading method does a fantastic job of estimating a diamond’s value by allowing us (and you) to compare similar gems.
The only thing that is lacking is a table that shows how much a diamond costs. What is its value of it? Martin Rapaport, the inventor of the diamond price chart (also known as the diamond price list or diamonds price index), stepped in to fill the hole…
We’ll look at the diamond price chart below, and I’ll explain how to use it, as well as the problems in the chart. But first, have a look at our diamond price calculator, which will give you an idea of current diamond costs (unlike in the chart which is a pricing index)
Diamond Price Calculator
This diamond price calculator is ideal for determining the value of a diamond, whether you’re attempting to determine the value of your diamond or looking for a diamond engagement ring and want to know how much a diamond is worth.
We are evaluating hundreds of thousands of gems and will provide you with all of the information you require by simply pressing the search button.
The default settings for the pricing calculator are a 1 carat round diamond is G color, SI1 clarity, good cut, and no fluorescence. This is the best “out of the box” most cost-effective diamond to buy – the diamond with the best value – without any additional information.
How To Get The Best Diamond Value For The Least Amount Of Money?
Now, I’m not going to tell you (or sell you) that you can get the same diamond for half the price; it’s simply not possible (though there is a way to save approximately 20% that I’ll show at the end of this piece). But I’ll show you how to get a diamond that looks identical and that you can’t tell apart for half the price — it’s possible!
When expert diamantes assess a diamond, they consider more than a dozen characteristics.
BUT, with all due respect, these are things that you won’t be able to tell apart even if diamonds are placed next to each other. Not to mention the mounting of the diamond. So why should you pay more for something you can’t see?
Weight Classes Are Shown Below
Consider 0.95ct if you’re seeking a 1-carat diamond. Consider 1.90ct if the carat is 2.0. The same is true for fracture – if you’re looking for half a carat, consider 0.45ct, and so on.
Because diamond weight is one of the most important and straightforward ways to save costs, I’ve included a section at the conclusion of this post that explains the price per carat approach. For the time being, I’ll just say that diamonds are priced per carat and that the price per carat rises in tandem with the weight of the diamond – a “double” increase. As a result, whereas an excellent grade 1-carat diamond costs $6,000, a similar quality 0.90-0.95 carat diamond costs only $4,000! That’s a savings of 33%!
The color of a diamond refers to how colorless it is. The optimum color is D, which is the highest grade, while the lowest is Z. You may already observe a yellowish tint on hues I and lower. You won’t be able to differentiate a D color diamond from an F color diamond, or even my recommendation, a G color diamond, unless you had a superhuman vision. And what about the cost savings on a 1-carat diamond? 15% of the total
Diamonds aren’t flawless, and clarity refers to the inclusions that can be found within them. Inclusions come in a variety of shapes and sizes, ranging from black spots to fractures. The grading indicates the size and visibility of the inclusions.
Our goal should be to obtain diamonds with inclusions that are not visible to the naked eye and cannot be seen without the use of a magnifying loupe. This indicates we’re going for a diamond with SI1 clarity. And, as compared to a Flawless diamond, the savings are 50%.
What Are The Different Diamond Shapes?
Round Brilliant Cut Diamonds
The round brilliant cut is by far the most common gem shape, and when thinking of a classic diamond engagement ring, the round diamond is the first thing that comes to mind.
The round diamond, whether it’s a giant circular stone or a small gem, is likely to enchant anyone who sees it. Because of their brilliance and attractiveness (i.e. demand), round diamonds are the most expensive per carat, and because there is a lot of “waste” during the polishing process into round brilliants.
There are a variety of reasons why this shape accounts for such a large percentage of diamond sales. For starters, it’s ageless and classic. Aside from that, it’s the simplest shape to cut without compromising the clarity of the stone. It is possible to cut two round diamonds without losing much of the crystal, which is not true of many other shapes.
It can make a tiny finger appear larger, and the diamond itself can appear larger than it truly is. Because the Gemological Institute of America doesn’t grade oval diamonds for cut, it’s extremely crucial to talk to your jeweler about the stone and make sure it’s the right size and shape for you. He or she can also help you recognize the bowtie effect, which this shape is prone to. Professional study of the diamond can reveal a dark patch that spans through the center of the stone, which may be imperceptible to the human eye. It can be found in all oval diamonds, however, the amount of it varies.
The round and princess cut shapes, in particular, are the most spectacular, as they might have highly polished sides that appear to illuminate the stone. While the traditional princess shape is square, certain changes have been made to make it appear more rectangular. These less common findings are less expensive per carat and are occasionally favored over precisely symmetrical four sides. Regardless of the exact dimensions, it’s critical that this form be set with four prongs to protect the corners and provide adequate support for the gem to be shown.
Cushion Cut Diamond
Both have a square design, but the rounded corners of the cushion cut is what sets this shape apart from the rest. It’s these rounded corners that also give it a softer romantic appeal. For exceptional dimensions, opt for a stone that’s slightly more elongated, which will give you optimal brilliance and captivate the eye with its beauty. Several hundred years ago when this shape first came into existence, it was the most popular choice – much like the round stone is today. For those who value tradition, this is quite possibly the perfect shape to wear for a lifetime.
Radiant Cut Diamond
It comes in a square or rectangle shape, and the multi-dimensional design makes it the ideal in-between item for individuals looking for something dazzling and unique. When selecting a gem of this form, keep an eye out for the bowtie effect, which might appear in the diamond’s center. Consult your jeweler to ensure you’re getting a high-quality stone that will shine and sparkle for a long time.
The stone is shaped like a pear, with one end rounded and the other coming together at a point, as the name suggests. The most precious pear-shaped diamonds are perfectly symmetrical all throughout. Make sure the oval end has a completely rounded edge, and that the pointed end is perfectly aligned with the oval’s centre. There’s a potential the bowtie effect will show up, just like with the oval cut. Before choosing on a stone, double-check that it isn’t visible to the naked eye.
The pavilion in emerald-cut diamonds and the step-cut polishing style are sculpted to draw the eye to the table of the gem and highlight its clarity. For this reason, it’s extremely important to opt for a high-quality gem when selecting this shape. Its “hall of mirrors” effect makes it the perfect choice for someone who prefers elegance and clear beauty over sparkly, brilliant stones.
This form is characterized by a long stone with two pointed ends, and it’s a lovely choice for individuals with delicate fingers who want to draw attention to them. Without a doubt, its striking shape will draw the attention of everyone who sees it. The marquise’s narrow cut, like that of the oval diamond, can make the gem appear larger than it is, adding to its strong, striking brilliance. This is the form for people who enjoy being the center of attention. In truth, the design was constructed at the request of a king who was looking for a diamond to match his “perfectly shaped mouth.”
There are diamond forms that nicely match the qualities of a person’s finger, just as there are certain hairstyles that go best with various facial proportions. A hairdo may be changed, but a diamond is a once-in-a-lifetime investment. Take into account not only how the diamond appears in your hand, but also how it appears on your hand.
Petite frames look best in forms that don’t cover as much of their fingers, allowing the diamond to appear proportional and in perfect proportion to the person wearing it. Choose marquise or emerald in these circumstances to assist bring attention to the lovely stone without taking over the hand. It’s crucial to keep all of this in mind as you look at the various options for a diamond that will last a lifetime.