Important Facts When Purchasing a Diamond
by: BradMorgan |
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Diamonds are idolized for their extreme beauty and everlasting durability.
If you are confused about why some diamonds are so much more expensive than others, you are not alone. Why oh why can one diamond engagement ring be worth $8000 and another one that doesn't look that much different to the naked eye be worth only $2000?
The physical weight of a diamond is referred to as its "carat". The value of a diamond is directly proportional to its size. The larger the diamond, the more valuable it is, because larger diamonds are less common. Greater size makes the diamond more spectacular, and therefore increases the purchase price.
After carat weight is obtained, the next aspect that can cause price deviation is the clarity. You can determine the clarity of a particular diamond by a number of features. The term inclusions refers to imperfections inside the diamond, while blemishes refer to imperfections on the surface.
The quantity, type, location, measurement, and tint of its inclusions, or internal facets, as well as its blemishes, or features on the surface, all factor into the clarity. The clarity ranges from the rank of 'pure,' meaning no flaws, to 'heavily included,' meaning that it is seriously damaged.
These differences are due to the cooling process of the diamonds against other materials. Lack of clarity is a lack of perfection. A diamond is forever, and no one wants to be stuck with an imperfect one forever; therefore, this impacts the price.
Color is the next factor that determines a diamond's overall value. If possible, a diamond should be as clear as water, but this is not always the case. Colors from other gases and minerals around during the time of the diamond's formation may have altered its clean appearance and left the gem tinted.
The color of a diamond ranges from "D," which is a complete lack of color, to "Z," which is depicts a very noticable coloration. Diamonds are priced highly if they are deeply colored or are exceptionally clear. Hazy, off-colored diamonds are not considered a favorable item, so they are priced lower.
Lastly we need to understand the effect of the cut on pricing. The quality of the cut may not be as easy to evaluate for an inexperienced buyer as some of the other factors, but it is nevertheless a critical element as it gives the diamond its sparkle.
To view a diamond from the point of view of the cut is to investigate whether or not it has any 'fire'. Like the other criteria for grading, the cut has it's own grading scale that goes from excellent to irregular. If the diamond doesn't knock your socks off then it likely has not been cut very well.
Diamonds are rare, but they are not equally special. Understanding the four important C's of carat, clarity, color and cut that make up the value of a diamond will steer you towards making a better buying decision.
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Learn how to spot fake diamonds and gain an understanding that not all sparkling diamonds are real.
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