If you are seeking a 1-carat diamond ring, you want to see that you get the right piece at the right price. Often, many couples or people looking for an engagement ring opt for 1 carat to form the benchmark size of their ring. However, how do you determine that you are getting a good deal? There are many things you have to look at, and in this guide, we provide you with insights and information on how to buy a 1-carat diamond ring.
What is A Carat?
When it comes to the jewelry world, you will hear people talk of karat or carat, and you may wonder what they are if you are new to this industry. The two (carat and karat) are different animals altogether. With karat, it’s the measurement of the amount of pure gold in relation to the amount of metal alloy found in gold jewelry as described in this diamond ring guide. You find that gold jewelry is stamped with the parts making up gold and then followed by K, or KT or kt.
On the other hand, carat in diamonds refers to the measurement in which you determine the weight of a diamond. For instance, a 1-carat diamond weighs about 200 mg or 0.2 grams. Also, each carat can be broken down or divided into 100 points.
Most diamonds utilized in fine jewelry weigh about one carat (ct) or less. A 1-carat diamond ring simply is a ring set featuring a 1-carat diamond in terms of diamond weight within the piece. However, other things impact the value, quality, and beauty of a 1-carat diamond or 2-carat diamond ring, including the cut, clarity, carat, and color. These are called the 4Cs. That’s why you find that 1-carat diamonds vary greatly in price.
Diamond Carat and Size
If you are buying a 1-carat diamond, you are likely to mistake carat for diamond size. There is nothing about size when it comes to a diamond carat. Also, the diamond carat doesn’t impact the physical attributes of your diamond, like the table surface area.
Generally speaking, the size of a diamond often refers to its visual appearance, for instance, its cut and shape. Take, for example, a round brilliant diamond and a marquise cut diamond. Even if both are precisely of the same weight, the former appears larger compared to the latter because it has an elongated shape.
What is the Cost of a 1 Carat Diamond Ring?
A 1-carat diamond ring may cost between $2,500 and $10,000 or even more. So, you can have two 1 carat diamond rings costing differently.
Maybe you may ask how these diamonds are priced. Carat weight is the element that determines the price of a diamond. In carat weight, two things come into play – the price per carat and the weight value. With the price per carat, it is the price of a diamond divided by the weight is possesses.
Take, for example; you have a diamond costing $5,000 and weighting half a carat. If you divide its price with its weight ($5000 divided by 0.5 carats), you get $2,500 as the diamond price per carat. Consider another example like a diamond costing $8,000 and weighing 1 carat, its price per carat will be $8000 ($8000 divided by 1 carat).