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Diamond Price Estimator
A diamond is one of the most precious gemstones and is a symbol of love and affection. When you buy a diamond, you want to ensure that you are getting the best value for money. With the use of this Diamond Price Estimator, you can calculate the price per carat of any diamond. This tool will help you to get an idea about how much your diamond is worth. You can also use it to determine whether or not your jeweler's price is reasonable or if it's time for you to shop around for another dealer who offers better deals.
The Diamond Price Estimator works by taking into account four factors: weight (carats), cut, color and clarity. All these factors have an impact on the price and can affect your final cost significantly. The more expensive qualities will cost more than their lower quality counterparts but there are also cases where buyers get more bang for their buck when buying lower quality diamonds from reputable dealers instead of those who charge exorbitant amounts due to their high-end marketing campaigns or celebrity endorsements!
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Diamond buyers have many critical questions when they decide to make a purchase. One obvious inquiry would be, "How do I know this is a genuine diamond?" Buyers want to know if the stone has been treated in any way. One option to understand the overall quality of the diamond is to know the meaning of its four key attributes. These attributes are color, clarity, cut and carat weight. Experts in the diamond grading world call these attributes "The Four C's."
The Gemological Institute of America was founded to present a universal language in the world of diamond grading. The Institute was founded in 1931 and is the largest of its kind in the world. The International Diamond Grading System was developed by the GIA and is used worldwide. Other key elements for grading a diamond are the shape of the stone and the information on the diamond's GIA certificate.
There are 10 basic diamond shapes
- Round diamonds are the most popular and are known for their fire and brilliance. They have a classic look and present the image most people think of when they picture a diamond.
- The square stone is known as the princess stone. The princess diamond has a modern shape. This has become popular with traditional and contemporary buyers.
- Asscher diamonds are square in shape. They have step facets and cut corners. Asschers are associated with opulence and wealth. They are the ideal cut for an art deco setting.
- The emerald cut features double corners instead of facets. It has an incomparable, old world look. It is often worn with larger diamonds next to it.
- Cushion shaped dimonds have rounded corners and curved edges to match large facets. It is considered the oldest stone.
- Radiant diamonds are an alternative to the emerald cut. They are presented in square or rectangular shapes.
- The marquise cut diamond has a soft shape. It has pointed ends, which gives it a delicate appearance. It is important that the shape is not cut too shallow in any case, otherwise the incident light will not be refracted cleanly, which can reduce the brilliance and fire of the stone and thus the diamond value.
- The oval cut is considered a sophisticated shape. It combines the brilliance of a round diamond with a unique structure. It often appears larger than a round diamond of the same carat weight.
- Pear shaped dimonds are often referred to as teardrop stones. The pear cut is known to have a more feminine style and thus is worn by ladies.
- Heart shape diamonds are rare and unique. They are usually combined with rubies and pink sapphires to add a romantic touch.
Diamond Carat and Weight
Evaluating the weight of a diamond is a simple process compared to the other measurements. However, this is part of the official overall diamond report. In the GIA laboratory, stones are weighed in a closed chamber. One carat is equal to 200 mg in weight. Each diamond is placed on a GIA measuring scale and weighed to the fifth smallest decimal place.
Cut: How diamond cut affects appearance and beauty.
The GIA scale ranges from excellent to poor. Judging the cut of a diamond is more complicated than its obvious shape. The unique cut and polish of each diamond affects the amount of sparkle and brilliance it displays. Diamonds are placed in a sophisticated device that continuously rotates the stone 360 degrees. Scientists evaluate various variables such as star shape, reflection, thickness, crown height and overall depth to give the diamond a final grade.
Color: Different color grades
The less color a diamond has, the higher the grade it receives. The GIA color scale grades diamonds on a color scale that starts at D, which means colorless, to Z, which is a light brown yellow. There is a master set of diamonds used by the GIA to compare each diamond on the color scale.
Clarity Scale Rating
There are 11 grades on the clarity scale, ranging from Flawless to I3. A flawless diamond has no blemishes at 10x magnification. A diamond with an I3 grade has inclusions and blemishes that are obvious to the naked eye. The evaluation is done using a microscope. The clarity test also examines whether the stone has been treated to improve impurities, which affects the result of its authenticity.
Reading diamond certificates correctly
It is important that diamond buyers understand how to read a GIA diamond certificate. The date on the certificate verifies when the diamond was certified in the lab, not when it was cut, mined or sold. Diamonds with a certificate date over 3 years should be carefully examined. These items will affect the current value of the stone.
Each diamond has its own unique GIA report number. This is used to verify authenticity. The GIA number is engraved extremely small on the side girdle of the diamond. A microscope machine displays the number on the screen. Another way to see the diamond's GIA number is with the aid of a magnifying glass. The diamond shape and cut style are also shown on the GIA certificate. The measurements show the length, width and depth of each diamond.
The GIA report is the most technologically advanced evaluation any diamond can have. It provides an intricate list of the diamond's unique characteristics. It is also a worldwide verifiable record of the quality of the stones. This type of information makes the diamond buying process exciting and exceptional. Every jeweler should always have a current GIA report on their diamond merchandise.
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