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Rules of

Diamond Price

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Diamond Prices

When discussing diamond costs, two things should be prioritized: finding the merchant with the best deal and concentrating on the particular diamond that delivers the most return on investment. We will be getting into the nitty gritty details that determine the price of a specific diamond.

Understanding this can help you decide what is most essential to you when making this purchase. Compare an exquisite G VS1 1 carat diamond to an E VVS2. Although there is no apparent difference between the two, the 20% price difference is visible

You need to know what you want and how to make sure you are receiving what you are paying for before talking about price and what constitutes a fair bargain. To avoid being conned, you must make sure you are following the procedure. Choosing how much to spend on a diamond is difficult. Finding the best value for your money is just as difficult.

Certification

This is the most important step. If you are spending more than $1,000 on a diamond, it is an essential need. Having confidence that you are getting the diamond they say is the goal of purchasing a diamond with a certificate. Only certifications from the GIA and AGS labs have that information. They serve as the diamond industry's gold standards.

Quality

Now that we know which certificates to use, We need to comprehend all the attributes given on the certificate and what we should do with the information. I'll use colour as an illustration. Focusing on J+ will increase value if you choose an exquisite solitaire arrangement. However, you must stick with H+ if you want a more sophisticated halo configuration. I recognise that it might be challenging to harmonise the various diamond proportions and attributes. To know more about it, please check 4Cs of Diamond.

Pricing

The natural ebb and flow of the diamond market price and whether the diamond you are purchasing is a fair deal are the two factors that affect diamond pricing. The simplest method for determining the price is the same as it is for everything else. A store will always be more expensive than what you can find online, but figure out the right baseline and then you can decide if its worth paying premium “X” for the added value you feel you are getting from the store.