How to Estimate the Value of Your Diamond Ring
Buying a diamond ring can be confusing especially when you are an inexperienced buyer. You are not sure whether you are getting ripped off and you feel like you are at the mercy of the seller. What you need to know is that different factors determine the value of the diamond rings. Generally, the value of a diamond is controlled by carat weight, color, cut, and clarity. Therefore, the worth of a diamond ring will be based on these 4Cs and additional features on the ring itself. Therefore, things such as current diamond prices, quality of the brand, style, and design of the diamond ring will further contribute to its value. Most people want to know the value of their diamond ring in case there is a need for resale as well as for insurance replacement cost value. In this article, we look at the 4Cs and how they determine the value of the diamond you purchase.
Carat is the primary measure of the value of the diamond you intend to buy. Carat is the measuring unit of diamond weight. One carat is equivalent to 200 mg. The conventional metric carats are normally divided into 100 points where a 50 points diamond is 0.5 carats or half of a carat. As you imagined the heavier the diamonds the pricey they are. However, the weight of the diamond is not the sole determinant of the value of the diamond, there are other controlling valuables.
Color plays a key role in determining the value of a diamond. Diamonds come in a variety of colors, white, black, pink, yellow, and blue. The common diamonds are white or colorless. In case you pick a colorless diamond the more colorless the diamond is the higher the price. A colorless diamond permit light to pass easily resulting in great light dispersion giving it a sparkling appearance when subjected to light. Colorless diamonds are graded from D (colorless) to Z (noticeable white color). The grading scale for a colored diamond is different from colorless diamonds. It is worth mentioning that diamond color grading is done in a laboratory under strictly controlled regulations. Therefore, it is possible to find diamonds of the same designs or styles with varying prices simply because of their varying colors.
The clarity of the diamond you intend to buy also plays part in its price. The clarity of the diamond refers to its purity. Things such as internal flaws commonly known as inclusions and blemishes or external marks are a hallmark of diamond clarity. The fewer the flaws of the diamond to rare the precious stone and more valuable it is. The diamond is subjected to 10x magnifications to detect its flaws and the clarity grades are assigned from flawless to imperfect. It is imperative to recognize that flaws especially internal ones cannot be seen with the naked eyes and perhaps that is why you should buy your diamond ring from reputable and reliable sellers to avoid unscrupulous diamond sellers.
The cut of the diamond is another vital determinant of its value. The brilliance and cutting skills of the craftsman can increase or decrease the value of the diamond. It is good to note that it is the cut of the diamond that controls the amount of light the diamond reflects. A perfect cut diamond allows the light to be reflected through every facet of the diamond unleashing its beauty and magnificence. Those are the 4Cs that determine the value of a diamond.