Diamond Prices - How to Get the Value without the Cost?

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Hi, I’m Katie from NaturallyColored.com - Please don't forget to Like or Comment if you enjoyed the video. The full article: www.naturallyc...
Today I want to share a little bit about diamond prices, specifically how to get the value without the cost. You see, diamond prices are complicated, and their true value is determined by dozens of factors. The first important thing to note is the diamond grading methodology, called the 4 C’s of diamonds, which are cut, color, clarity, and carat. But it’s also so much more than that, so let’s dive into a quick overview.
Now, I won’t be able to tell you how to buy the same diamond for 50% less, but I will share how you can buy a similar looking diamond, one where you won’t be able to tell the difference, for 50% less!
Here’s the thing, when a professional diamanter is evaluating a diamond, they look at over a dozen attributes, but the truth is these are things that you wouldn’t even notice when the diamonds are placed next to each other, not to mention once they’re mounted. So why pay extra for things you can’t see?
So how do you get the best diamond value for the least amount of money? Here are some quick tips:
1. Go below weight classes. If you are looking for a 1-carat diamond, consider a .95ct. And if you are looking for a 2 carat, consider a 1.9. Diamonds are priced per carat and price per carat increases as the weight goes up. So just by going under the weight, you had in mind, you can easily save up to 25%.
2. Diamond color refers to how colorless the diamond is. D color is the ideal, and Z the lowest. On colors I and below you’d start seeing a yellowish tint, but unless you have superman vision, you won’t be able to tell a D color from an F or even a G.
3. Diamonds are not perfect and clarity refers to the inclusions within them, like black points or fractures. The grading tells us how big and visible these are. The goal is to get a diamond with inclusions that are not visible to the naked eye, and this means we’re aiming for an SI1 clarity diamond. The savings on this compared to a flawless diamond are 50%.
4. Round diamonds are far more expensive than other shapes such as oval, cushion cut, or even princess cut, so consider the shape when you are picking out your diamond.
5. The only place where we will tell you to make the extra effort and pay is with the diamond cut. Never settle on this one! We love diamonds that sparkle.
You may have heard of the Rapaport Price List, a diamond price chart, which provides a benchmark for a diamond’s value based on the 4 C’s. The flaw with this chart is that it doesn’t take a few key factors into consideration, such as cut quality, fluorescence (which is the bluish glow some diamonds reflect under UV light and considered a flaw), and certificate, where you should only consider GIA. That being said, don’t rely on the chart alone when purchasing a diamond.
At the end of the day, if you’re shopping for a diamond and are on a budget, consider the factors that I mentioned here and also, buy online! Very simple, retailers have much higher markups. By going online not only will you buy cheaper, but online retailers also have vast collections and usually have at least a 14 day money-back guarantee no questions asked. I hope that this has helped you to learn more about how to find the right diamond for you without the high cost, and if you want to go even more in depth, read our full article on NaturallyColored.com.