A jeweler calculates the weight of a diamond by carats. The higher the carats, the higher will be the grading. The 4’c considered when valuing a diamond are Cut, Quality, Clarity, and Color. A diamond price per carat calculator helps to determine the real value of a diamond.
The pricing is on numerous factors that sometimes make it challenging to give a precise price estimate for a particular diamond. However, the 4 Cs influence mainly the grading and pricing of the gem. All types of diamonds get priced by carats, but it is important to note that the carat is different from the karat used to grade gold. The karat in gold refers to the quality of gold and not measure.
What does carat mean?
Carat, commonly abbreviated as “ct,” is a mass unit that equals 200 milligrams or 1/5th of a gram. This unit measures the actual weight of diamonds. Still, it can be appropriate to measure other gemstones like sapphire, emerald, ruby, topaz, tourmaline, zircon, aquamarine, garnet, and in some cases, pearl and opal.
However, when using carats, it is essential to note that gems have different densities. It explains why a 1-carat gemstone may be more significant than a 1-carat diamond. If you want to get the exact weight of a diamond, you will have to subdivide the carat. This subdivision is known as ‘point’; the carat gets divided into 100 of those ‘Points.’
By dividing carats into 100 Points, a jeweler can measure precisely to the 100 decimals. If diamond weight is less than a carat, it’s described by Points, while those that are one carat and above, shows in carat plus decimals. (1.00) For example, a jeweler may tell a diamond weighing 0.28 a twenty-eight pointer and describe one considering 1.05 carat stone as one point oh five carats.
NB: A slight difference in carat weight in a diamond may mean a significant difference in price and value. For instance, a 1-carat diamond may have a significantly higher price than a 0.99-carat diamond even though the carat weight difference is relatively minimal.
Why is Diamond measured?
Measuring a diamond using a diamond price per carat calculator gives the buyer or the seller a precise weight.
If a jeweler wants to get a diamond’s size, he uses millimeters to measure length by width. And did you know that it usually takes around 250 tons of rock mining to produce 1 carat of a diamond? That’s right. And it explains why this gem is rare and pricey.
Calculating a diamond price per carat
Now that we understand that diamond price is calculated per carat, let’s show you how that math’s work;
If a 0.50 carat diamond costs $ 1400 per carat, you will multiply $ 1400 * 0.50 = $ 700. Ultimately, a diamond’s price per carat escalates as you add the weight. So, the higher the weight of the diamond’s carat, the more you will pay for that diamond as calculated by a diamond price per carat calculator.
Large-sized diamonds are rare and in higher demand, and even though the weight and value of a diamond get determined by carats, it’s vital to know that that’s not the only determinant. A diamond’s real worth is determined by the 4c’s. The color, clarity, carat, and cut quality.
A round-shape diamonds have a higher value and are in more demand than other shapes. A round-shaped diamond may be higher priced than a different form, even if the carats are the same.
What’s the origin of the carat measurement?
In earlier years, gem traders would measure the value of gems by using carob seeds. The carob seeds were preferred as they had uniform weight. The traders would use the sources as a counterweight to balance the weighing scale.
The United States later in 1913 adopted the metric carat other countries followed suit. The whole world uses metric carats, and a carat measures the same in all countries. Now we have evolved from the carob seeds to the diamond price per carat calculator.
What’s a fair deal for a diamond?
What do you want? Before getting that dazzling stone in a bargain, ask yourself the key elements you are looking for. Ensure you understand how Color, Clarity, Cut, and Carat will contribute to determining your final price. When this is clear, you will work with a reasonable figure to offer you the best bang for your bucks.
Budget: Determine how much have you set aside to spend on the diamond? Everyone has a particular preference, and that’s what determines how much a diamond will cost you. If you can’t decide what type of diamond can fit your diamond, a jeweler can guide you with his expertise and experience.
Buy online: One way to cut the cost of a diamond is buying online rather than going to the store. There can be a significant difference of up to 20 percent. That’s a substantial amount to save if you deduct it from a diamond that costs $10000 and above.
Tips to avoid getting scammed
- In every business, some experts can be crude. It’s vital to research as much as possible before diving into decisions. Shop from one store to the other, and compare the differences.
- Avoid buying in a rush. Diamond is a significant investment, and you should take enough time to research.
- Please don’t attempt to buy a diamond in a place where they don’t provide certification. GIA and AGS offer one of the best standards for diamonds. Getting this document gives you peace of mind as you get assured that whatever the stone claims to have, it’s indeed true.
- Assuming you learned about the four Cs, now that you have your gem certification, you need to check if all the 4Cs align with those documents. And ensure it’s what you need.
In conclusion, the diamond price per carat calculator helps find diamonds’ expected prices in various sizes, shapes, cut, carats, clarity, and fluorescence. That’s the best way to get a rough estimate of a diamond so you can budget that surprise gift accordingly.
Author Bio:
Naman Modi is a Professional Blogger, SEO Expert & Guest blogger at https://alexandcompany.com/, He is an Award-Winning Freelancer & Web Entrepreneur helping new entrepreneur’s launches their first successful online business.
