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How to compare the diamond prices?


All too often people look for easy answers to complex problems. Many would like to have a simple list of diamond grades and corresponding prices, by size. Unfortunately, market conditions are constantly changing, and, more important, significant differences in price often result from subtle differences in quality not readily discernable to any but the professional. Therefore, it is not possible to provide a simple answer to this complex question.

But that does not mean we cannot provide you with some general guidelines that will help you understand the relative effects of each of the four primary factors used to determine the value of diamonds. The following charts are not intended as hard price lists of what you should be paying in a jewelry store, they should be used, instead, as a guideline, a foundation upon which you can place more current information that reflects the variations in a constantly fluctuating market. Keep in mind that these prices are for unmounted stones. Fine settings and customs designed one-of-a-kind prices can substantially to the price.

Extreme differences between the prices given on the following pages and a price you might be quoted for a diamond should be examined carefully if the price is much lower, be sure to seek a gemologist or gemologist-appraiser to check the quality and verify that the stone is as represented. If the price is much higher, do some comparison shopping in your community to be sure the seller is offering good value.

Note that the prices given here are for round, brilliant-cut diamonds with “good” proportioning stones with “excellent” proportioning will sell for more, while stones with poor proportioning can sell for much less. Diamonds having “fancy” shapes, ie., shapes other than round normally sell for anywhere from 5 to 15 percent less. However, if a particular shape is in great demand, the price can be higher than for round stones.

Finally, before relying too heavily on the prices and this knowledge will give you additional input on adjusting diamond prices according to the more subtle factors that affect quality and value. Finally if you are contemplating the purchase of a particular stone, be sure to have the facts verified by a qualified gemologist-appraiser.  

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