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Understanding The Price Of Diamonds


4 Steps To Choosing A Diamond & Understanding What Is Should Cost

What Is The Rapaport Diamond Report?
How Can I Find Out The Rapaport Price?

Determining the substance of a diamond’s price starts by understanding how the 4Cs of a diamond come together. In short, knowledge is the key to understanding the price of diamonds. Learn to recognize how minute differences in quality can make incredible differences in price.

 

4 Steps To Choosing A Diamond & Understanding What It Should Cost
 

Step One: Choose The Best Jeweller

Make sure you find someone reliable for help at every stage

Step Two: How To Decide On the 4Cs

Cut

The Shape & The Quality of Workmanship

Remember: the make of the diamond determines over 90% of the beauty of a diamond

Choose two shapes to add on your checklist.
For example, Round Brilliant shape & Princess Cut shape

  • Choose Ideal cut
    if you want perfection (regardless of cost)
  • Choose Very Good to Excellent
    if you want both beauty & quality
  • Choose a Good make
    if you want a larger stone for your money
  • I do not recommend choosing any grade lesser for diamond engagement rings because of a noticeable lack of brilliance and fire (even when clarity and colour are very high)

Colour

Diamond Guide - Colour

  • Choose D
    if you want perfection (regardless of cost)
  • Choose E or F
    if you want both excellent beauty and quality
    (still colourless to the untrained eye)
  • Choose G, H or I
    if you want a larger stone for your money without
    sacrificing appearance. G is a popular colour since
    it is at the top of the near colourless range.
  • Choose J,K, L or M
    if you like very faint yellow tints.

Clarity

Diamond Guide - Clarity Chart

  • Choose Flawless or Internally Flawless
    if you want perfection and value rarity
    (regardless of cost as they are expensive but
    possibly the only grade you’ll be very proud to own)
  • Choose VVS1 or VVS2
    if you want it to look flawless under the loupe
    without paying the premiums for Flawless (still
    flawless to an untrained eye under the loupe)
  • Choose VS1 or VS2
    if you want to see very little under the loupe, even
    when you try very hard (certainly flawless to the
    naked eye, even a diamond grader)
  • Choose SI1 or SI2
    if you just want it flawless to the naked eye. Keep
    in mind that most women really only want this degree
    of flawlessness.
  • Choose I1
    if you are ok with small inclusions that might be
    visitble to the naked eye and want a larger stone
    that still sparkles.
  • Choose I2 or I3
    if you are interested in the lowest clarity grade.
    I highly do not recommend this for engagement
    rings as they not only lack brilliance but can crack
    or chip more easily die to large structural flaw.

Carat

Diamond Guide - Carat Chart

Most people budget between 1 to 3 months’ salary for a diamond engagement ring. It all depends on what will make her happy while still keeping your bank account open. Only you can make the final decision on the right amount to spend.

The most popular sizes are 0.50ct., 1.00ct., 1.50ct., and 2.0ct. diamonds.

Invest some time to understand the many rules unique to a gemstone market. For example, the price of a 1.00ct. diamond increases tremendously in price compared to a 0.50ct. You should also find out what she prefers for the size, if you could, ask her best friend.

Step Three: Find Out What Size You Can Afford

At this point you should check live prices at large online databases with about 500,000 diamond listing. Do your price research based on what you’ve chosen above and get a quotation from your jeweller from step one. Before you can compare, there is just one more thing to do.


Step Four: Diamond Certificate


Finding your dream diamond is to go beyond the 4Cs and learn about important details about certified diamonds and GIA diamond certificates. This includes understanding advanced cut information, measurement, carat (critical weights), proportions, depth percentage, table percentage, culet, finish, polish, symmetry, clarity grades, colour grades and fluorescence.

While the internet offers you a wealth of information, it takes experience and expertise to cleverly interpret everything to make an important quality decision. It would be very difficult and time consuming fo a layperson to learn enough of a diamond quality and pricing. Build a relationship with your seller and make sure they are qualified enough to educate you beyond the 4Cs. Have fun!


For an immediate diamond quotation, call Jacqueline at 8188 0028.

 

What Is The Rapaport Diamond Report?

Rapaport Diamond Report releases monthly wholesale diamond price list used by dealers worldwide to keep up with changing market prices. The prices are determined by the size, shape, clarity and colour of a diamond. You should know that the prices on the “Rap Sheet” are not enough information to price a diamond-it is only the starting point.

The figures on the charts are a starting point as it needs to be adjusted by many factors. This includes every detail about the cut (meaning proportions, symmetry and polish), fluorescence, etc. Cut grade especially can make a huge difference in the discounts. For example, an Ideal Cut (hearts & arrows) can potentially sell for more than Rap Price.

 

How Can I Find Out Rapaport Price?

The Rapaport price list is copyrighted, so we are not allowed to disclose any prices here. However, as a value added service, we show all our latest copies of the Rapaport Diamond Report to all our customers when they come in.

Keep in mind that we have established good relations with all our suppliers and buy only at the best discounts. Mischava Jewellery is efficient at keeping all costs down; we can offer you such a good price that it’s almost like buying wholesale.

While every retailer online and offline guarantees comparable promises on price, you should shop around and compare intelligently. Feel free to call us for a chat to know more about a diamond’s price characteristics, we would be happy to be of any assistance to you.

For immediate diamond quotation, call Jacqueline at 8188 0028.

 

   

 
 
 

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Buy A Fancy Shaped Diamond

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Engagement Ring

Buy An Engagement Ring
Choosing Your Precious Metal
Top 10 Ring Setting She'll Love
How Much Should I spend?
3 Stone Diamond Jewellery
What's Her Ring Size?
Diamond Ring Settings
Proposal Ideas
6 Vs 4 Prongs


 Diamond Guide

Understanding Price
Finding A Quality Jeweller
The 4Cs: Colour, Clarity, Cut, Carat
Diamond Certificates
Diamond Cutting Style
Diamond Shapes
Diamond Glossary
Caring For Your Diamond
Buying With Confidence
Conflict Diamonds



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