Has The Price Of Diamonds Gone Up - Diamond prices are complicated because their value is often calculated based on many factors. In this guide to diamond prices, you'll learn everything you need to know about how much diamonds are worth.
When it comes to diamond jewelry, you want to be sure that you are purchasing the right piece of jewelry for your budget. Use this guide to learn about diamond prices per carat and how to get the best results.
Has The Price Of Diamonds Gone Up
Diamond prices can vary widely. Some can cost a few hundred dollars, while others cost thousands. Some are worth millions, while the Queen's jewels are worth $4 billion.
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The four C's; cut, color, carat and clarity. If you are looking for a diamond engagement ring, this is important.
A diamond's cut is a style guide used when polishing the stone, not the actual shape. A diamond's symmetry, proportions, and polish can all affect the stone's brilliance and ability to shine.
The color of a diamond can greatly affect its value, as the lack of color often makes it more valuable. However, not only colorless stones are highly revered. Diamonds that have an incredible depth of color are some of the most expensive stones on the market. These stones are known as small or colored diamonds.
The size and weight of a diamond is a major factor in its value. Diamonds are measured in carats, an ancient unit of measurement once used to extract carob seeds. One carat is divided into 100 points, diamonds weighing less than 1 carat are often called pointers. A diamond is usually valued by the carat.
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The clarity of a diamond refers to its imperfections or flaws. Imperfections, also known as inclusions, occur during the crystallization process. Although inclusions are not usually visible to the naked eye, they usually appear as tiny cracks or tiny flecks of soot. Inclusions are present in almost all diamonds on the market, and while this does not detract from the diamond's beauty, a flawless diamond with few or no inclusions is usually more expensive.
Another factor that can determine a diamond's price is its shape; with shiny cutouts, ovals and hearts being the most prized. The fluorescence and rarity of some stones also play a large role in their value. Some of the rarest types of diamonds in the world are fancy diamonds, including black diamonds, blue diamonds, green diamonds, orange diamonds, and pink diamonds. Diamonds of this type are usually highly priced to reflect this.
Diamonds weighing less than one carat can range from 0.01 points to 0.99 points and will be graded accordingly based on the above factors including cut, color and clarity. In theory, you can get a diamond pointer for as little as AU$150 to AU$1,000. However, a flawless diamond weighing around 0.50 carats can fetch upwards of AUD$3,000.
When buying a diamond, the main factor that most buyers consider is the number of carats of the diamond. Depending on cut, color, clarity and shape, 100-point or 1-carat diamonds typically cost between AUD$2,000 and AU$12,000. Remember that this number refers only to the diamond itself and not to any additional features such as the setting or jewelry that the diamond is in.
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On average, a diamond buyer will pay between AU$5,500 and AU$60,000 for a 2 carat diamond. This will vary widely based on the various factors discussed above. For example, the 2 carat diamond ring in 18k rose gold (pictured below) is priced much higher than many other 2 carat diamond collections because it has a higher color and clarity.
While it is quite rare, you can potentially purchase a 3 carat diamond ring like this pear shaped diamond ring for as little as AU$6,000. Typically, a 3 carat diamond of higher cut, color and clarity costs between AU$19,000 and AU$100,000. Some flawless diamonds certified by the GIA (Gemological Institute of America) can even exceed the AU$150,000 mark.
Despite what you may believe, lab-grown diamonds are real diamonds. Therefore, the price of the product will be determined according to the 4C, with one exception. Unlike natural diamonds, artificial diamonds are not mined deep in the earth's crust.
Instead, they are created in a laboratory under highly controlled conditions. Lab-grown diamonds do not require the same hard and expensive labor or equipment used to mine natural diamonds, and thus cost slightly less. According to diamond experts, synthetic stones cost about 30% less than natural stones, which is a big advantage for those looking for beautiful gems without spending a fortune.
I3 Diamond Clarity
Those involved in the diamond trade have used the same guidelines for pricing their stones since the early 1970s. Known as the Rappaport List, this is a weekly publication that breaks down the price of diamonds by cut, color, carat and clarity. Prices are per carat in $100 increments. The Rappaport list price is generated by multiplying the price per carat by the size of the carat. Check out a sample Rappaport diamond price list below!
Find a wide selection of diamond rings, diamond bracelets, diamond pendants, diamond earrings and more in store at any of our five locations and online. Explore the different finance packages offered through Afterpay, Zip, humm, Latitude Interest Free and Laybuy. Get free shipping when you spend $69 or more in a single transaction.
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Are Lab Grown And Natural Diamonds Different?
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Did you get a fair price? See the current value of diamonds. Learn how diamond pricing works, trends and compare 1, 1.5, 2 and 3 carat diamonds.
A comparative diamond analysis is an estimate of the retail value of a diamond based on the 4Cs and current market trends. Use this tool to make sure you don't overpay for your diamond.
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Before we dive deeper, here are the current diamond prices in 2021 that you can expect. The suggested price shows you where to find the best balance between price, quality and beauty of diamonds.
As you can see, the price range is huge. But that doesn't mean you have to spend a lot of money to get a good diamond. Our best value recommended prices are nowhere near the maximum. But you still end up with a diamond that looks just as good. Stay with us until the end to find out how.
Diamond prices are determined by many factors. We will discuss the main ones below. In short, diamonds are valued for their quality and rarity.
Larger diamonds are harder to find. This is why the value increases exponentially with carat weight.
Why You Should Buy Natural Diamonds
Likewise, the more perfect a diamond is, the rarer it is. A flawless, colorless diamond will be worth much more than a diamond with a few flaws - even if there is no noticeable difference.
4C - Carat, Cut, Color,
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