How Much Does A Diamond Cost?

Apr 15, 2020 Diamond

How Much Does A Diamond Cost?

silver colored diamond ringYou may find that some diamonds tend to fetch a higher price per carat based on things like the color, cut, and clarity. Take, for example, a 1-carat diamond that has H color along with VVS2 clarity; it costs you around $7,800 for each carat. If, on the other hand, you took an E color ring having VVS2 clarity, it could cost you $10,350 per carat.

 
 

Something to mention here is that the price per carat does not always increase with weight. In most of the cases, the price of the diamond rings tends to be subjective as well as driven by personal feelings – you buy a diamond ring based on emotion than reason. So, it is important that you carefully choose only the best brands of diamond rings when shopping for your diamond ring.

Although you may be tempted to seek a diamond that is slightly below a new diamond weight category, like a 0.90 or 0.99-carat diamond, this may not always give you the best deal in terms of price. What happens is that many people tend to seek for an “almost” 1-carat diamond so that they get a lower-priced deal. However, many people are doing this, which pushes the prices higher in that category. With an increased demand for a particular weight category, it is likely to drive prices up, meaning if there is any cost-saving, it is very minimal.

 
 

Clarity Rating: 1 Carat Diamond Rings

One of the crucial things you need to consider when looking at the carat weight, clarity, color, and cut of a 1-carat diamond is clarity. With diamond clarity, it features many elements, including the surface defects or blemishes and extra facets present in the diamond.

You may want to review the clarity of the diamond yourself or consider asking assistance from a professional. What you need to realize is that what your naked eyes can see is much more important than the GIA Grade rating. You may find that a low clarity eye-clean diamond looks identical to a faultless diamond if you assume all other things equal; however, it cost far much less.

What you may see online as images showing the clarity of a diamond may not be the real case. So, you want to consider purchasing your diamond ring from a trusted vendor. Consider a vendor who has the right technology to enable you to choose your diamond ring correctly.

 

The GIA rating scale of diamond clarity will range from best to worst.

 

You will have the Internally Flawless (IF) scale, Very Very Small Inclusions 1(VVS1) scale, and Very Very Small Inclusions 2(VVS2) as well as Very Small Inclusions 1 (VS1) and Very Small Inclusions 2 (VS2). You also have Small Inclusions 1(SI1) and Small Inclusions 2 (SI2). You may also get Inclusions 1 (I1) and Inclusions 2 (I2).

You should get a minimum of the VS2 rating or grade since most inclusions and blemishes are going to be invisible to a naked eye. You might likely be able to get a SI1grade diamond with additions close to the edges of the piece, depending on the shape. This could be covered or masked by the setting prongs.

If you want to get a diamond with a reasonable budget, you want to go for one with a maximum clarity grade of VVS2. This one offers no inclusions or blemishes to your eye.