Purchasing the Perfect Diamond

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Purchasing the Perfect Diamond

Diamonds are loved for their extreme beauty and everlasting durability.

As a purchaser of diamonds for engagement rings, whether past, present or future, one may wonder why there is such variation in price from store to store. What characteristics constitute a $5,000 diamond versus one that costs only $500?

Diamonds are graded based on 4 criteria. The first of these is referred to as the carat, which is a measurement of the weight. The more carats the more expensive a diamond becomes. Size is not the only factor that matters however, remember: it is what is on the inside that counts.

Carat size may push the price up, but only slightly if there is no clarity. Several facets determine clarity on both an internal and external basis. Internal aspects, dubbed inclusions, and external aspects, dubbed blemishes, all contribute to the overall clarity score.

The clarity of a diamond can vary from 'pure' to heavily included. This designation is arrived at after anaylyzing the how many inclusions are found as well where the inclusions are located, whether they are tinted, and how large they are.

Therefore the more severely included a diamond is with crystals, feathers, or other types of internal and external flaws, the lower its value. These deformities are due to the cooling process of the diamonds against other materials. Clarity is highly prized, especially in larger carat diamonds where the imperfections are more detectable.

Color is the next element that affects price. Although clarity is important, there are special cases where under certain conditions underground a diamond may have taken on a certain coloration that actually increases its value.

There is a scale of coloration that ranges from "D," where no color is present, to "Z," where color is easily visible. There is a spectrum known as "beyond Z," where the colors are rich and vibrant within the diamond and are referred to as fancy colors.

Cut is the final factor in diamond grading. This is an often forgotten element of diamonds, but it is extremely important, as it gives this remarkable stone its ability to come alive.

A diamond that sparkles and glitters can be said to have 'fire'. The actual rating system uses common words like good, average, and irregular. The bottom line though is if you want your diamond to sparkle even in dim light, then you need to make sure the cut is impeccable, and that will cost you more money.

Diamonds are rare, but they are not equally special. Understanding the four important C's of carat, clarity, color and cut that constitute the value of a diamond will guide you towards making a better buying decision.

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