Diamonds are a rare gem in the world. Not everyone gets to own real diamonds in their life since they are expensive stones. They come in different sizes, colors, and shapes, which determines their value. Selling your diamond can be challenging, but with the right guide, you will know how to maneuver in the process. Many people often have the question; how much will I get when I sell my diamond? The truth is, that can be a hard guess to make but if you know what determines the value of diamonds, you will be better placed. Let us look at the popular 4Cs that determine the value of diamonds.
Carat refers to the diamond’s mass or weight. A gemologist weighs diamonds on a calibrated scale, and one carat is equal to 200mgs. While measuring a diamond carat’s weight is easy, determining its value can be a bit complex because the carat is the most crucial element of the diamond. If it is a pure diamond, the more the carat weight and the more the value. For instance, let’s say you have two diamonds with the same qualities in terms of color, clarity, and cut, but one has 2 carats, and the other has one carat. The one with two carats will probably be more than double the value of the one carat. If the carat weight is more, the diamond value gets higher.
When it comes to clarity, it refers to the purity of the diamond. Pure diamonds are scarce, and most of them have inclusions. These are other minerals captured in the diamond during the formation process. Clarity also looks at the flaws such as scratches on your diamond. Even though most of these inclusions may not be visible, they matter a lot in determining the diamond’s value. They are visible through the microscope, and the fewer inclusions your diamond has, the more valuable it is. If the inclusions are visible with the naked eye, that decreases its value more.
The cut refers to the miner’s cut of the diamond, which determines the diamond’s sheen or glitter. There are different shapes of diamonds, including the round, pear, heart, oval, etc. Each shape has a different ideal cut, which determines how the light reflects the diamond hence its sparkle and brilliance. Diamond traders call it artistry. The diamond cutter makes every effort in grinding each stone according to the correct mathematical formulae to get the precise angle. For example, one of the known formulae for the round cut is the 57facets. Some diamond shapes are more valuable than others, depending on their demand in the commercial market.
The last C that determines the value of a diamond is the color. Diamonds come in different colors. However, some colors are rarer hence in demand. We have fancy colors that will also go for higher prices than standard colors. Colorless diamonds are the most valuable. The more strong the yellow tint of the diamond gets, the lower its value gets. The cost of diamonds with fancy colors is affected by market trends such as celebrity demand, publicity, and time.
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