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● Buying a diamond starts with the 4Cs
As you might have found out by now, buying a diamond is not as easy as it seems. There are so many different aspects involved, that it’s easy to get confused. But we can assure you, many people go through this and the easiest way to have a good step-by-step approach to buying a diamond. So, let’s starts with the 4Cs. These are the 4 main quality features of a diamond: carat weight, color, clarity and cut. Cut may also refer to diamond shapes like round diamonds, princess cuts or radiant cut diamonds for example.
To keep it simple:
Carat: How much does the diamond weigh?
Color: Is it colorless or does it have a slight yellowish hue?
Clarity: It is perfectly clear or does it have minor inclusions?
Cut: It is absolutely symmetrical or near-perfect?
What shape is it?
● How this affects diamond prices
Each of these aspects affects the diamond price in its own way. That has largely to do with the rarity that comes with it. For example, big colorless perfectly clear absolutely symmetrical diamonds are very rare indeed, and will command much greater prices than a diamond that’s big, yellowish, has few inclusions with a near-perfect cut. So you see, size isn’t the main factor here. So how to use this information to help find you a diamond?
● So what to focus on?
Everyone has their own preferences for what a diamond should be: some want it as big as possible no matter what the internal quality is, some want it to be colorless but don’t mind a few inclusions. If you’re not sure how all this fits in with your taste, the following guidelines are considered best practice by the diamond experts.
● Buying a diamond step-by-step
- To buy a diamond that sparkles brightly, and will be worth more in the future, buy good internal quality. This means at least G color, VVS2 clarity, and always Excellent cut.
- Decide on which shape. Round diamond prices are far higher than fancy diamond shapes, so this should be taken into consideration.
- Go the overview of diamond prices, and see which carat weight matches your budget if you would go for G VVS2 Excellent cut. Important: know how to use the wholesale diamond price list.
This is your starting point.
If you’re unhappy about the size: take color or clarity down one grade, or look at fancy diamond shapes if you haven’t already. If you can go for bigger, but the next full carat is too much, you can upgrade color and clarity – making the purchase an even better investment. Although you should note, that diamond prices are different for a 1 carat diamond and a 1.4 carat diamond.
● Now get in touch with a diamond expert
This is the perfect moment to get some expert advice. You are on track to knowing what you want, and have a good understanding of which range is perfect for you. A diamond expert will help you fine-tune this process to find the absolute perfect diamond and answer any questions you might still have. Together with your expert, you can go into further detail as to which diamond certificate is the most reliable, other quality features of a diamond that makes a different in the price, and how diamond prices work in general. Many people are surprised to know why a 3 carat diamond is more than triple the price of a 1 carat diamond.