The same principle applies to the diamond with certain stable parameters. For example, you have chosen a diamond ring of VVS1 clarity, oval cutting, and D color. As a takeaway message, pay attention to the carat number while buying or selling an engagement ring.
Weight is more important than color, cut, and clarity parameters. The heavier weight category is, the greater price per carat it receives.
It can be tricky. It can betricky because the line of 0. The line of 0. Just because they refer to different weight categories, their exact weight becomes so dramatically different.
The influential factors are not limited to a carat-related matter only. What is also crucial is cutting. In retail sales, all the manipulation happens with diamond cuts. For the sake of maintaining the perk of higher weight category, the well-known brands tend to avoid making a perfect cutting. In other words, they present not-that-perfectly cut jewels as flawless. In the given circumstances, the only way to secure your purchase is to learn everything about cut in advance!
The more uniqueness a chosen gemstone has, the higher price you pay for it. Big diamonds are also rarer than small ones — and the pricing result is the same.
So, if you aim at buying D color, flawless clarity, an ideal cut, and enormous diamond weight get ready to pay a fortune for your ring! It will be truly unique. Even though there are many parameters to consider in diamond prices, the pricing models themselves are rather standardized.
This means that any observer acquainted with the basic dimensions of a diamond color, weight, cut, and clarity can provide the approximate price for any gemstone to buy or sell. At least, the professionals always stay tuned for more news in the diamond industry. They can track all the differences in the diamond price chart. An increased demand in diamonds of a specific clarity can make the whole diamond weight category more expensive to sell.
The same applies to a particular color or cut. In , only experts could predict the rising popularity of princess and cushion gemstones. These days, you need to track trends to see the rising popularity of pink color. Probably, only the top clarity is never-fading classics in the diamond world. Carat is the source of the core misunderstanding that leads inexperienced buyers into error. Diamond Resale Value You will be overwhelmed but the minute you leave the jewelry shop with a perfect diamond piece, it becomes half the price than it was literally 5 minutes ago.
Diamond resale value chart To make things easier, we prepared a diamond resale value chart, where you can compare the difference among different diamonds and their approximate value on resale. While we already know that diamonds have different market values, a decent price for each particular stone is set individually. Here are these specific factors for you to consider: Diamond 4Cs, Market Value, The exact place you buy and sell.
Diamond 4Cs First and foremost, know the basics. When defining the diamond value, consider 4Cs, market value, and the place from where you got the stone Market Value Also, a certified professional can appraise your diamond and state its value on the market.
The Buying and Selling Places When people come to the shop to purchase a delicate piece with diamonds, they do not pay its market value. While you cannot change the way you purchased the stone, you can make a smart choice while selling it. There exist several options to consider: Cash Sale. Being one of the options, it has minor advantages when it comes to selling your gemstone for cash.
Not every jeweler agrees to accept the offer. But if they do, the amount they are ready to pay is ridiculous and will not justify the bargain. Asking for an exchange. If you choose to exchange your gemstone for another jeweler piece, rather than to sell your diamond, you will get a great resale value. Jewelers usually give you a credit that can be utilized to make another purchase.
Not only is the credit higher than the cash equivalent, but it also allows you to make another great deal and get a beautiful piece of jewelry. Direct Sale. Another option is finding a person who will buy directly from you. They will most often pay more than any jeweler, and save you from the hassle. However, you should be ready to present all the required certificates and appraising documents to prove the resale value. Ready to sell your Diamond?
Color range: i. Clarity: i. Color: Color i. Color intensity: Faint - Fancy i. Follow these three steps to ensure you are getting proper value. There are some other pitfalls you need to avoid as well e. We are happy to help you navigate the rocks and shoals of diamond buying. Just contact us and tell us what you are looking for.
Diamonds are all priced per carat and the price can vary based on shape. For example, a diamond with very low color and clarity grades for example, M and I1 might cost slightly less per carat than the price ranges listed above.
However, is this a desirable diamond? Outside of certain circumstances, most likely not. Use this Diamond Price Calculator to calculate the expected range of prices for different diamonds. Blue Nile is a market leader in pricing, so we chose to base our tool on their inventory. These diamonds look identical in a ring.
As you can see, this is a huge range, with some diamonds costing as much as 10 times higher than other diamonds of the same carat weight. The biggest of these are the four Cs, which we briefly mentioned earlier — cut quality, clarity, color and carat weight. As we mentioned above, diamonds are all priced per carat.
Diamond prices per carat increase as you jump up to higher weight categories. Therefore, diamond prices increase exponentially with weight, since their prices increase both due to the increased weight and due to the higher price per carat for the increased weight category.
Below the 1 carat mark, diamond prices per carat are significantly lower. And also there are prices in parentheses which indicate the minimum for diamonds with recommended specs:. As with other precious items, the market price for diamonds tends to increase with inflation. Note that the prices published below are for the whole diamond , not per carat:. There are several steps involved in doing this.
The second is to understand how the diamond cutting process affects the price at which a loose diamond can be sold. I stress categories , because you might mistakenly believe that prices per carat increase continuously as weight is increased, but this is not the case.
Since diamonds are a retail product driven more by emotion than reason, a 0. But a 1. Why is that? Who knows. This little quirk about the business is the sole reason there are so many poorly cut diamonds out there. They will take rough diamonds with diameters that really should have only been used to make a 0. A well cut 0. It has a relatively low cut grade Good , and it clearly shows when you look at the diamond.
Meanwhile, this ever-so-slightly smaller 0. One interesting outcome of the entire business being based on the Rap List is that far too much weight is given to color and clarity in determining price.
As we mentioned above, cut is arguably the most important of the 4 Cs. Now let's compare the price of two diamonds of identical cut, carat and color but with different clarity grades.
Let's take a 1. If we put these 2 diamonds alongside each other you would not be able to see the difference in clarity grade and yet their value is not the same. Let's take one last example and compare a 1. We have just seen above the 4 diamond valuation criteria the "4Cs" and it is important to understand all of them in order to be able to accurately calculate the price of diamonds.
If one of them was missing, we would not be able to calculate its price. I inherited a diamond, I bought a diamond as an investment, I wish to sell the diamond in my engagement ring: where can I sell it for the best price? If you have not yet read the information and explanations above, we advise you to read them first as they will provide many of the answers to your questions.
If you own a family diamond of more than one carat that does not have a grading report or has an old report , and if this diamond has a modern cut 57 facets , we recommend having it certified by one of the recognized gemological laboratories GIA , HRD or IGI.
This will cost you a few hundred dollars but it will be worth it as once you have this certification report, you will know exactly what kind of diamond you own and will be able to accurately determine its resale value. Without a grading report, it will be very difficult to determine the "4Cs" of your stone, especially the color grade and clarity grade which are the two most subjective criteria. Some buyers will tell you your diamond is color G and others color H, etc.
Who do you believe? Without a certificate proving the grading of your diamond, it will be difficult to objectively talk about its characteristics. The seller wants to sell their diamond at the highest possible price, but the buyer wants to but it at the lowest possible price! If you don't know precisely what you are selling, it will be impossible to promote the unique characteristics of your stone and it is safe to say that you will not get a fair price for it.
Once you are in possession of the grading report, you can then use our price simulator to calculate the resale value of your diamond. In summary: if you want to sell your diamond quickly, the buyback price of your diamond will not be very high. Conversely, if you are not in a rush, you will get a better price for it.
Different criteria are used to calculate the value of a colored diamond from those used to calculate the value of a colorless diamond. Indeed, the price of a colored diamond will be first and foremost determined by its color and the intensity of its color. For example, a 1 carat Fancy Vivid Pink diamond very intense pink color will have a much higher value than a 1 carat Fancy Yellow pale yellow color diamond.
The first valuation criteria for colored diamonds is therefore the type of color and the intensity of this color.
The cut shape, clarity grade, cut quality, polish, symmetry and fluorescence do not affect the value of this type of diamond to the same extent. Reminder: a "synthetic diamond" is a diamond that is created in a laboratory, a cultured diamond, a diamond created by man. There are several techniques for "growing" diamonds in a controlled chamber: The CVD technique Chemical Vapor Deposition : the diamond is "grown" in successive layers in a chamber subjected to very high pressure one-tenth atmosphere into which diamond particles have been placed.
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