How to Compare the Price of Diamonds

Researching the price of diamonds can be confusing to the average consumer. There are so many factors to consider, with no single factor being the most important, that people sometimes just give up and buy the first thing they see. Fortunately, you don’t have to give up if you take the time to learn the basic factors that impact diamond pricing.

You have probably heard of “the four C’s” of diamonds. The four C’s are cut, color, clarity and carats. Each of the four C’s is considered by Arizona diamond pawn shops when the wholesaler or retailer is setting the price of diamonds and diamond jewelry. Although no one factor outweighs the other in importance, you can decide which factor is most important to you by considering why you are buying the diamond or diamond jewelry. For example, if you’re interested in buying a sparkly rock, then cut and clarity will trump everything else. In that circumstance, the weight will not be as important, so the carats will be less relevant for you.

Diamond prices are usually set at a per carat basis. For example, diamonds with a certain overall grade could cost $10,000 per carat, whereas one with a lower grade may only $1,000 per carat. The grade is why rings with the same weight can vary dramatically in price. The grade determines how much the stone will sell for. If the stones have a higher grade, then the ring will probably be more expensive per carat. The grade of the diamond is also why a two-carat ring will not automatically cost double the amount of a one-carat ring. The quality of the diamond matters.

The cut is the primary factor which affects the sparkle of a diamond, because the cuts allow light to refract off the diamond. Diamond cutters are great artists, and most diamonds are still cut by hand. When a diamond has an average cut it will be less expensive, but that doesn’t mean you should settle for that ring, particularly if, for example, you are buying an engagement ring and want that diamond shine.

Colorless diamonds are the most rare. The color scale is quite important. The closer a diamond is to being colorless, the more valuable it will be per carat. When you are considering the price of diamonds, you must remember that stones with the same cut and carats will still have dramatically different prices depending on their color.

Clarity refers to the inclusions or internal flaws that a diamond has. All diamonds have flaws, but some affect the price more than others. Clarity affects the price in the same way as color: the better the clarity, the higher the price.

With experience and the right information, you can know enough about diamonds to begin the process of buying one. Researching the four C’s will enable you to ask the right questions when shopping for your diamond or diamond jewelry, or you can visit a pawn store in Arizona for pricing assistance.

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