Education is a key factor in the buying process of a diamond. When you set out to buy a diamond without first being educated about the particular aspects and interesting facts about diamond that affect a diamond’s price, and what to look for when you search for diamonds, then you could easily be ripped off – causing you to pay much more for a stone that is not worth its price at all. Many jewelers have become smart and are utilizing methods in which they are able to mark the price of a diamond up even if the diamond is not worth the price they are selling it for – one particular example include jewelers that are sending their diamonds to some of the lesser-known appraisal institutes for grading. These institutes are often looser with their criteria and, in many cases, end up giving a diamond a higher grade than what it really deserves.
The Four Main Qualities Of A Diamond
Appraisers’ grade diamonds using different types of equipment, but, in the end, the process they follow and the elements they look at when they are grading a diamond are all the same. Whether a diamond’s certificate comes from the GIA, the AGS or any of the other major gemological institutes – each uses the same standards when grading a diamond. These standards include:
- Carat Weight is the most important quality and refers to the diamond’s weight in carats. Each carat represents 200 milligrams in physical weight. A diamond’s total carat weight has the most significant impact on the diamond’s cost price.
- Color of the diamond is another important quality and often considered second most essential when it comes to the cost price of a diamond, following the carat weight of the diamond. The diamond color can be graded from D all the way down to Z. A D diamond does not contain any traced of yellow hues, while a Z diamond has a light-yellow appearance. Opting for a diamond that is rated lower than K would give you a more affordable stone, but it will not look as good as a diamond with a better color rating.
- Clarity of the diamond refers to the perfection or imperfection of the stone. When no inclusions can be detected during an inspection at 10x magnification, then the diamond is considered flawless. When blemishes can be detected at 10x magnification, but no inclusions are present, the diamond is considered internally flawless. These two class diamond grades cost much more than the lower grades, but they often look very similar to VVS and VS diamonds as the inclusions in these class grade diamonds cannot be seen without utilizing a special device that allows for 10x magnification. On the lower end, you will find diamonds rated as I1 through to I3. These diamonds contain inclusions that can be seen without the need of special equipment and are also considered less valuable than any of the other clarity grades.
- Finally, the cut of a diamond has an impact on both the price and physical appearance. An excellent cut means the proportions and symmetry are perfect, and the diamond has beautiful sparkle and brilliance. A poor cut, however, means the diamond will most likely not look good when exposed to natural light – and its proportions may be out.
If you have started to search for a diamond ring to buy, then you’ve surely come across many terms that might’ve seemed foreign to you. There are many terms that are used in the diamond industry to describe certain qualities of a diamond. Only by educating yourself will you be able to make an informed and smart decision when it comes to buying a diamond – and, in the process, avoid being ripped off by a scaly jeweler.