Selling Diamonds: How is the Price of Diamonds Determined?

For those looking to sell diamonds, it’s important to know what buyers look for when determining a price. This will help you gain an understanding of the process when it comes to discovering the value of your diamond.

Diamonds have four characteristics that determine value. They are cut, color, clarity and carat.

A diamond is considered rough if it remains in its natural state. However, when a cut is made, it is the cut that can determine the value. There are many shapes that can come from cuts such as Oval, Brilliant, Heart and Princess.

The goal for the cutter is to make cuts that bring out the best in the brilliance of the diamond. The more they are able to do so, the more fiery it is in appearance thereby making it more valuable.

Color is another important determining factor. The color of a diamond forms during its formation. Sometimes elements such as nitrogen or boron may combine with the crystals, which can form yellow or blue colors respectively.

Diamonds receive a grade based on its color appearance. The scale begins at D for the most colorless diamonds and runs through Z, for tinted colors. A white diamond means it is colorless. The more white a diamond is in appearance, the more rare and valuable it is.

When making a grade, often times buyers can determine the diamond’s color by placing it side by side with a graded diamond.

How clear a diamond appears will also weigh heavily in its value. Buyers will measure clarity by examining the diamond for inclusions. Inclusions happen when non-crystallized carbon are caught in the diamond during its formation. This in turn provides the diamond with a unique look.

When determining clarity, a grading scale is used. The best and therefore most valuable diamonds are flawless, as they have no outside or internal blemishes. The scale runs from flawless to imperfect 3, which is when the diamond possesses dark inclusions that are visible and may alter the diamonds appearance over time due to wear. The grades closer to flawless will yield the diamond a better price in the appraisal process.

Lastly, the carat size of the diamond plays a pivotal role when factoring its value. A carat is the measurement used to find out what the weight is of the diamond. Often times diamonds are weighed before being set that way a more accurate weight is obtained. Carat also have a scale based on their weight as each carat divides into 100 points. The larger the carat size, the more potential there is of the diamond possessing more value.

It’s also important to note that a larger carat sized diamond may not be more valuable than a smaller sized one if the quality is poor. Therefore, carat can determine price, but only when it goes hand and hand with the other factors.

These four details will determine how valuable a diamond is. For those looking to sell diamonds, it’s important to know these characteristics, as they can help you understand the process when you have your diamond appraised. Keep in mind that Luriya pays top dollar for any unwanted diamonds.