Are you planning to buy diamond jewelry but do not have an idea about its cost and value? Many buyers have this dilemma while buying pure diamonds. Anyway, this is not a difficult chore since the use of a diamond value estimator could serve the purpose. As a buyer, the foremost thing you need to keep in mind is the GIA certification of diamonds. When you visit a professional jeweler, you will be able to get a diamond GIA certification report. This cited that a specific diamond has undergone the required quality checks. However, the GIA certification for diamonds works mainly on four factors such as cut, color, carat, and clarity.
Cut of diamond
This is an essential consideration to take into account and the first quality aspect to evaluate. The cut of a diamond refers to both its shape and cut quality. So, if you want to know the price of a diamond, you will have to know its cut. There are many shapes of diamonds available like princess, oval, round, pear, heart, etc. You must know that above all of the shapes, the price of the round brilliant-shaped diamond is high. This is due to its dynamic popularity among diamond lovers. Diamonds with these cuts are also known as fancy cut diamonds.
Color of diamond
Like cut, the color of a diamond also has different scales used by professional diamond merchants. The color determining scale begins with the letter “D” and ends with “Z”. So the further the color scale will go towards the endpoint, the lower would be the value. This means that the D on the scale represents colorless diamonds. Let’s make it more specific by telling you the scaled grading of the diamond.
- D to F scaling represents a colorless diamond.
- G to J scaling represents near colorless diamond.
- K to M scaling is for a faint yellow diamond.
- N to R scaling is for a very light yellow diamond.
- S to Z represents the light yellow diamond color.
The diamond value estimator can analyze the color grading of diamonds. Two different diamonds would have the same use with differences in color.
Carat of diamond
Another factor in determining diamond price is the carat weight. The 1 carat of a diamond is equivalent to 0.20 grams. This evaluation is made with the help of an electronic weight scale or calculator. They can measure the specific gemstone, too but must be accurate. The diamond merchants usually consider the Rapaport price list, which is also known as the Rap list. It is a standardized price sheet used by diamond merchants to consider the price of a diamond as per carat weight.
Clarity
The price of diamonds is also measured on the scale of clarity. Professionals can see whether a diamond has natural blemishes that can be viewed with naked eyes. The more blemishes a diamond would have, the least price it would have. For example, a diamond merchant would check the diamond using a magnifying glass. This would enable the merchant to see the diamond with a 10-time clear vision. It will determine the price of diamonds if the blemishes are not visible. These diamonds will have higher prices than those having inclusions.
To sum up
Determining the price and value of a diamond is not a layman’s job. It requires a specialized diamond value estimator that can scale the diamond price. Cut, clarity, carat, and color are 4 C’s of diamond value to be considered. Therefore, you must consider buying diamonds from professionals with GIA certification. It will ensure you buy high-quality diamonds with an accurate price estimation.