Diamond prices are influenced by a variety of variables. The primary factors of the price of diamonds are color, clarity, carat (size), cut, shape, and fluorescence. The price will increase by 5% to 30% if there is a difference in a single grade or level.
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It’s more that meets the eye when it comes to diamonds. When seeking to purchase a diamond, it is critical to examine a number of variables that contribute to the diamond’s value. Before making a purchase, though, there are a few more factors to consider.
Diamond prices are now much easier to calculate because groups like the Gemological Institute of America standardize diamond grading (and understand).
Fluorescence
The way a diamond reacts to UV light is called fluorescence. Fluorescence may either increase or diminish a diamond’s value. Fluorescence causes the diamond to seem slightly milky in extremely rare circumstances, according to a long research conducted by GIA, yet in most cases, observers favored diamonds with fluorescence. When exposed to UV radiation, about 30% of diamonds have this property, which causes them to reflect a blueish hue. This can have two different effects on diamond pricing. Fluorescence can reduce the diamond price if the color grade is greater (such as D to H). However, it might raise the price if the color grade is L or below!
Polish
The manufacturing method of a diamond determines its polish. The diamond is polished after it has been cut and faceted to display its brilliance and flawless finish. Light will not be able to enter the diamond if it is not polished properly, reducing its shine and brightness. The price of a diamond is affected by how good a polished diamond is since it affects the diamond’s brilliance. Polish grades are outstanding, very good, and good, just like cut grades.
Symmetry
The size, shape, and arrangement of the diamond’s facets are referred to as diamond symmetry. There are 58 facets and a culet on a beautifully cut diamond. While high symmetry grades can improve the value of a diamond and considerably boost its price, poor symmetry grades can have a detrimental influence on the diamond’s look, lowering its market value. Symmetry is rated as outstanding, very good, and good once more. The price of a diamond with a triple good rating (symmetry, cut grade, and polish) will increase even more.
Girdle
The girdle of a diamond is the portion that connects the pavilion with the crown. Girdles can be exceedingly thick or incredibly thin, and they can affect the diamond’s reflection. A narrow girdle can cause a diamond to chip, whereas a wide girdle can make a diamond look smaller than it is.
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