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Critical Advice for Purchasing Diamond Jewelry

By Brad Morgan
Nov 1, 2009
Diamonds are treasured for their extreme beauty and everlasting durability.

Whether you have experienced buying diamonds for engagement rings before or not, you may be unsure as to why one is worth $3000 while another one is only worth $300. What goes into determining the price of a diamond?

The physical weight of a diamond is referred to as its "carat". The value of a diamond is directly proportional to its size. The larger the diamond, the more valuable it is, because larger diamonds are less common. Greater size makes the diamond more spectacular, and therefore increases the purchase price.

After carat weight is obtained, the next aspect that can cause price deviation is the clarity. You can determine the clarity of a particular diamond by a number of features. The term inclusions refers to imperfections inside the diamond, while blemishes refer to imperfections on the surface.

The number of inclusions as well as their size and tint all factor into the overall clarity score, as do the number and size of surface blemishes. A flawless diamond is at the top end of the clarity scale, referred to as 'pure'. An inexpensive diamond may carry with it the classification of 'heavily included'.

The appearance or absence of these imperfections is a result of how the diamond was formed underground over thousands of years. Since diamonds are often thought of as the symbol of perfection in our society, the more perfect they actually are under the scrutiny of a microscope, the more expensive they become.

Another important factor when evaluating the worth of a diamond is color. If certain gases were present beneath the earth when the diamond was forming, it may have taken on a distinct color.

The color of a diamond ranges from "D," which is a complete lack of color, to "Z," which is depicts a very noticable coloration. Diamonds are priced highly if they are deeply colored or are exceptionally clear. Hazy, off-colored diamonds are not considered a favorable item, so they are priced lower.

Cut is the final factor in diamond grading. This is an often forgotten element of diamonds, but it is extremely important, as it gives this remarkable stone its ability to come alive.

To view a diamond from the point of view of the cut is to investigate whether or not it has any 'fire'. Like the other criteria for grading, the cut has it's own grading scale that goes from excellent to irregular. If the diamond doesn't knock your socks off then it likely has not been cut very well.

Understand the 4 elements that make a diamond a special and precious gem: carat, clarity, color and cut. Knowing the difference between a dud and a dazzling diamond will be the difference between money spent poorly and money spent with wisdom.
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