Many people are confused about how diamonds are priced. There are many factors that affect a diamond's price;
but mainly 4 main factors. Those are the 4C's to diamond buying.
What are the 4Cs?
A diamond's beauty, rarity, and price depend on the interplay of all the 4Cs—carat, cut, color, and clarity.
No one C is more important than another in terms of beauty. Knowing the 4Cs will help you buy a diamond.
Carat
This refers to the weight of the diamond. Many people confuse carat weight with size and that's not true.
There are diamonds that weigh 1.0 carat but look smaller than a 0.75 carat diamond. It is important to understand
carat is the weight of the diamond not the size.
Cut
One important feature of a diamond is the cut. This refers to the angles and proportions of a diamond. A well-cut
diamond will internally reflect light from one mirror-like facet to another, disperse, and reflect it through
the top of the stone. A well cut diamond will shine and emit the most brilliance. Diamonds that are cut too
deep or too shallow lose or leak light through the side or bottom, resulting in less brilliance and ultimately, value.
Cut also refers to shape—round, square, pear, or heart are all examples of the cut of a diamond. The most popular
cut of diamond are round, princess, oval, emerald, asscher, and cushion. A diamond can be cut into many different
shapes. A round diamond is symmetrical and capable of reflecting nearly all the light that enters. It is the most
brilliant of all diamond shapes and follows specific proportional guidelines. Non-round shapes, also known as
"fancy shapes," will have their own guidelines to be considered well-cut.
Color
This refers to the degree to which a diamond is colorless. It is an important factor because it is what the naked eye sees.
Colors are graded under controlled lighting conditions and are compared to a master set for accuracy. Truly colorless stones,
graded D, treasured for their rarity, are the highest on the Diamond Quality Pyramid. Diamonds are graded on a color scale which
ranges from D (colorless) to Z.
Warmer colored diamonds (K-Z) are particularly desirable when set in yellow gold or some prefer a warmer color diamond. Icy winter
whites (D-J) look stunning set in any metal, more so in white gold or platinum.
Diamonds, also, come in other colors such as fancy yellow, blue, green, pink, purple, red, and orange. These color diamonds are
rarer in nature. Other color diamonds include brown and black diamonds which are not as rare.
Clarity
Most diamonds have natural flaws except those that are flawless. The clarity refers to the presence of inclusions in a diamond.
Inclusions are natural identifying characteristics such as minerals of fractures, appearing while diamonds are formed in the earth.
Inclusions may look like tiny crystals, clouds or feathers. There are very few flawless diamonds found in nature, thus these diamonds
are much more valuable. The position of inclusions can affect the value of a diamond. These inclusions are ranked on a scale of perfection.
The clarity scale, ranging from F (flawless) to I3 (Included), is based on the visibility of inclusions at a magnification of 10x.
It is preferred to buy diamonds that do not show flaws with the naked eye. And you can find diamonds that have natural flaws
but look absolutely beautiful to the naked eye. At EngagementRing.com, we carry diamonds that range in all clarities. We prefer t
o sell diamonds with inclusions not found to the naked eye. Some inclusions can be hidden by a mounting, thus having little
effect on the beauty of a diamond. This gives off more sparkle to the diamond and durability. An inclusion in the middle or
top of a diamond could impact the dispersion of light, sometimes making the diamond less brilliant.
What to Spend
When you start to think about buying a diamond—and the love it will symbolize—you naturally want the best you can afford and
a beautiful stone you will treasure forever. Diamonds can be found in a range of price that suits your taste and what you plan
to spend. Stop in or call us and we would be happy to guide you through the diamond buying process. All our representatives are
experienced in the knowledge of diamonds.
Diamonds symbolize love, happiness, and wealth to many people. To others, diamonds symbolize conflict,
misery and poverty. At EngagementRing.com, we pride ourselves on selling conflict-free diamonds. We believe
in "Fair Trade Diamonds" that help symbolize love and happiness and not conflict.
Conflict Diamonds
Africa produces the majority of the world's diamonds. In the 1990s, international attention was focused
on blood diamonds after non-governmental organizations raised concerns about human rights violations against
civilians in the Civil War in Sierra Leone. Rebel forces of the Revolutionary United Front used the resources
produced by their trade in rough diamonds to acquire weapons. UN sanctions sought to put an end to this conflict.
Blood diamonds account for approximately four percent of the international diamond trade, but this has had
an extremely profound impact on communities in the west and parts of southwest Africa.
Kimberley Process
Many voluntary initiatives were welcome, but not enough. The United Nation resolutions and sanctions stimulated
the international community and the industry to act; which insures each diamond is fairly traded and not from
conflict or illegal trade. That process came to be called the Kimberley Process. On December 1, 2000; the United
Nations General Assembly adopted, unanimously, a resolution on the role of diamonds, breaking the link between
the illegitimate operation of rough diamonds and armed conflict.
The Kimberley Process is open to all willing and able to implement the requirements. So far, 54 participants that
represent 80 countries, including the United States, follow the Kimberley Process. At EngagementRing.com, we deal
with diamond dealers that follow and provide diamonds under the Kimberley Process.
EngagementRing.com—Fair Trade Diamonds
A process has been put in place that every diamond traded fairly has proper documentation showing that it has
followed the Kimberley Process. These diamonds are carefully scrutinized to guarantee they originate from legitimate
sources, wages are paid, and a fair amount of benefit is restored to the community. All diamonds sold at EngagementRing.com are under the Kimberley Process and we deal with suppliers who follow and provide this assurance to this process.
It helps us, EngagementRing.com, work ethically and feel good about selling diamonds that were properly brought into
the market. We pride ourselves on doing business ethically.
The Dresden Diamond
This exquisite diamond is 41 carats. Most likely, it originated from India. The early history is virtually unknown. In 1700,
it became possession of August the Strong, Duke of Saxony. It has been kept in the Green Hall in Dresden.
The Hope Diamond
This diamond weighs 44.50 carats. It appeared in 1830 in the trade and Was purchased by the banker H. T. Hope of London. It
is believed this stone was re-cut from a stone stolen from the French revolution. This stone has changed hands numerous times.
Since 1958, it has been housed in the Smithsonian Institution.
The Cullinan I Diamond
This beautiful diamond was cut from the largest diamond (3,016 carats). The Cullinan weighs 530.20 carats. The name originated
from Sir Thomas Cullinan, chairman of the mining company. It adorns the scepter of King Edward VII, and is kept in the Tower of London.
The Sancy Diamond
This stone is said to be worn by Charles the Brave around 1470. This beauty is 55 carats in size. It also is slight yellow
in color. In 1570, it was purchased by Signeur de Sancy from the French Abassador to Turkey. Since 1906 it has belonged
to the Astor family in London.
The Tiffany Diamond
This stone was found in the Kimberley mine In South Africa, in 1878. It weighs 128.51 carats. It was purchased by Tiffany
jewelers in New York and cut in Paris with 90 facets.
The Koh-i-Noor Diamond
The Koh-i-Noor was originally a round stone Of 186 carats belonging to the Indian Raj. It was bought in 1739 by the Sha of
Persia, Who called in “Mountain of Light” It came into possession of the East India Company who presented it to Queen Victoria
in 1850. Recut, it now weighs 108.92 carats. It was Set in the crown of Queen Mary, wife of George V, And then in the crown of
Queen Elizabeth, now in The Tower of London.
The Cullinan IV Diamond
This amazing diamond is cut from the largest diamond ever found. It is one of 105 diamonds. It weighs in at 63.60 carats. Also,
in the crown of Queen Mary, can be removed from This and worn as a brooch. This diamond Is kept in the Tower of London.
The Nassak Diamond
This stone weighs 43.38 carats. It was originally over 90 carats and in the Temple of Shiva near Nassak in India. Looted in
1818 by the English, it was re-cut in 1927 in New York. Presently, it is in private possession in the United States.
The Shah Diamond
This unique stone comes from India. It weighs 88.70 carats. It’s main feature is that it shows cleavage planes, partially
polished. The diamond also has three inscriptions of monarchs’ names. In 1829, it was given to Tsar Nicholas I and is kept in Kremlin, Moscow.
The Florentine Diamond
This stone is 137.27 carat Once the great yellow diamond of the Medici Family, this historic Indian stone is actually light
yellow in color with very slight green overtones and is fashioned in the form of an irregular nine-sided, one 126-facet double rose cut.