The appraiser determines the value of a diamond using these four dimensions, while the value of a diamond ring adds the additional element of band quality. This requires several steps. The first is to recognize that diamond prices are often based on their “category” and not on an objective measure of their actual appearance or quality. If you have a valuable diamond engagement or wedding ring that you no longer need or want, it may be the perfect time to sell your diamond ring.
This isn't as relevant for most of you, as it's best to buy a certified diamond unless you have someone you can trust completely and who can sell you an uncertified diamond. In 1975, it began trading rough and polished diamonds in New York City and, in 1978, created the Rapaport price list. Awarded by several established classification laboratories around the world, the diamond certificate is the diamond grade that is assigned to a particular stone after a thorough evaluation. As I mentioned in the article on diamond clarity, it's no small thing that James Allen decided to sell GIA-certified I1 diamonds online.
Once you master the four measures of diamond quality, you'll be better prepared to compare “apples to apples” and understand how much a diamond is worth. Since he created the price list, he has also been known for founding many businesses in the diamond industry, including an e-commerce network for RapNet and INDEX merchants, and news related to diamonds in print and web formats. The weight of a diamond is one of these variables that determines the value of a diamond and is what the general public is most familiar with. The thickness of the girdle or edge that forms where the upper part (crown) and the lower part (pavilion) of the diamond meet could have a negative effect on the value of the diamond.
Clarity is the characteristic of a diamond that distinguishes each individual stone, helps separate imitations from authentic ones, and helps provide gemologists and scientists with valuable information about the formation of a diamond. I understand that it's a little confusing trying to balance the different proportions and qualities of diamonds. Pricing: The price of diamonds has two aspects: the natural ebb and flow of diamond market prices and whether the diamond you're buying is a good deal. Carat weight, cut, clarity and color are all components that an expert GIA qualifier uses when a diamond obtains its grade.