Some of you may know this already that a 1 carat round-cut diamond is more expensive than princess-cut diamond of the same carat. The price differences between stones of similar sizes can be credited to the complex pricing process of diamonds. If you find this confusing, its because it really is. Learning a little about the pricing strategies of diamonds and the aspects on which the price of a diamond balances however will help you figure out the what and why of it. So, let’s take a look at what most affects the price of a diamond.
The cut of a diamond has a profound impact on its price. That explains the wide margin between the prices of diamonds of different cuts. The price of a round-cut diamond differs staggeringly from an oval-cut stone. While that’s a fact many know, do you know why it is so? The price of a cut climbs higher on its complexity and wastage of stone. Curving a diamond into a round cut involves huge hand work and immense wastage. The same does not apply to oval, emerald and other cuts which are relatively cheaper because they make better use of rough diamonds than a round cut.
Another reason that causes the price of a stone to go up and down by a distinct measure is clarity. A 1 carat flawless diamond is infinitely more expensive than an I3 stone of the same size. However, the reason for the difference is so apparent, that there isn’t make room for an argument there. An Fl diamond is clear as glass with absolutely no trace of inclusion inside. By comparison, I3 is the least clear stone the flaws of which are obvious to the eye. If you compare both side by side, you will need no sophisticated tool to tell that they belong to very different grades.
Another reason that governs the price of a diamond is color. The natural colors of an achromatic diamond is distributed in a scale ranging from D to Z, D being colorless and Z being colored. The presence of colors in an achromatic diamond is categorized as a flaw and therefore, color is a disadvantage in this. So, if you are looking for a clear diamond, look in the ranges of Colorless and Near Colorless.