Value can vary greatly from one diamond to another. This value is determined based on the four Cs: Cut, color, clarity, and carat weight.
When people think of cut, they often think it’s the shape of the diamond. But, it’s about how light is returned due to a diamond’s facets. Cut is responsible for brilliance, fire, and scintillation of a diamond.
Brilliance = combination of all of the white light reflected internally and externally
Fire = a scattering of light into a play of color
Scintillation = a diamond’s sparkle
For the best results, proportions of its facets, symmetry, the relationship of its weight to its diameter, girdle thickness, and quality of its polish have to come together in just the right way.
A diamond’s color is measured using the GIA® D-to-Z diamond color grading system. This system is the most widely accepted for grading. All diamonds are evaluated based on the absence of color.
No hue = higher value
This lack of color is measured in degrees based on comparisons with masterstones, made while viewing under controlled lighting and conditions. This means that regardless of where in the world the diamond is graded it will be under the same conditions and should receive the same grade. These color distinctions are invisible to the untrained eye and should be left to a trained diamond grader.
Just as a diamond’s color is graded on the absence of color, the diamond’s clarity is graded on the absence of inclusions and blemishes.
Internal characteristics = Inclusions
External characteristics = blemishes
Most are smaller than can be seen by the naked eye. And, accurate assessment is of utmost importance. So, trained diamond graders evaluate the quantity, size, relief, nature, position of these characteristics, and how they affect the appearance of the diamond.
In addition to color, cut, and clarity, carat weight directly correlates to price of the diamond. This happens because the supply is low (larger = rarer) and demand is high (larger = more popular).
1 Carat = 200 milligrams
1 Point = 0.01 carat = 1/100 of a carat
Diamonds of equal weight are not necessarily the same size. Different proportions and depths will result in different size and weight combinations.
RARITY AND BEAUTY
All gem-quality diamonds are rare, taking billions of years for nature to form them. The journey from the mine to you is long and arduous. While the four C’s information helps you to identify the quality of the diamond you are purchasing, it is the combination of these four characteristics which determine a diamond’s rarity. If you imagine a four-sided pyramid, with each side being a diamond characteristic—the more readily available diamonds form the base of the pyramid while the rarest diamonds are at the top. Keep this pyramid in mind when you are selecting your diamond. Your selection of characteristics will determine rarity and value. And remember—beauty is in the eye of the beholder. A diamond can only be truly perfect if you think it is beautifully perfect for you.