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Diamond Guide 6 C’s – Diamond Cost
The purchase of a diamond or diamond engagement ring is a momentous and emotional occasion, not nearly as emotional as the day you ask for her hand but close. You know that the moment has to be right and the diamond ring you offer her has to be perfect. Needless to say there is a responsibility placed on you to buy the best diamond for your budget.
The acquisition price of a diamond has many factors that should be weighed. One of which is the most important is your budget. I have heard so many rules of thumb as guideline what to spend on a diamond engagement ring. Ranging from 2 pay checks to two months salary. Both are good guidelines but what really guides how you choose is your emotions and your economy. You may want to give her the world but your banker or landlord has something else to say.
If there is a lesson to be learned from the plethora of bubbles that the world economies have gone through it is to “Make sure you stay with your means.” If you can’t buy that ideal diamond don’t worry come back to this web site, refresh your 6 C’s and upgrade her diamond ring when you are ready.
Keeping these two in balance is the key to buying the best diamond you can buy at the best price. View our diamond price guide to get an idea of the range of diamond that you can buy. Remember that there are many variable and that these are diamond prices for diamonds within the parameters given. For example a 3 carat diamond price can be very close to a 5 carat diamond price if you compare a 3 carat diamond with the best attributes and a 5 carat diamond lower on the scale.
A variation on each of the C’s in the buying guide will reflect a shift in diamond cost. The diamond value can fluctuate more or less depending on the C (diamond Cut, diamond Clarity, diamond Color, diamond Carat, Certified diamond) as some seem to carry more weight due to rarity or work required to get the rough diamond to the cut diamond ready for retail.
Be ready for an eager salesman to show you incredibly beautiful diamonds and settings that will get your emotions livening and butterflies fluttering. But stick to your guns. An easy way to take care of that aspect is to buy your diamond engagement ring online. This way you avoid the pushy sales people. Once you have your 6 C’s down you should be well armed to make a qualified decision. Many sites today list the characteristics of the diamond available for you to evaluate. Some of the more popular sites are Mondera.com, Blue Nile and JamesAllen.com. James Allen has a clever feature that actually has the real pictures of the diamond you are buying. I have personally bought from them in the past and have referred them to family so I can vouch for their expertise. The best part is their website that is complete with a tool to design your own diamond ring. (Design Your Own Ring)
I have also added to this site a pricing guide for your review. The Diamond Pricing Guide should help get an idea of what kind of diamond and diamond engagement ring you can afford. Diamond prices can vary greatly between grades of size and quality so be aware of that when you do venture into buying the diamond engagement ring.
When foregoing small changes in a C to find the price of a diamond you can buy, consider the ones that are less noticeable to the naked and untrained eye. These can be diamond color at the top of the range or diamond clarity in the case of inclusions that are not visible without a lupe. If the naked eye cannot see an inclusion and you are ok with buying a diamond with an inclusion then that is a great way to lower the price of a diamond.
A diamonds cut on the other hand can influence the fire and brilliance which is the life of the diamond. That is one place that I would not forgo too much quality to lower a diamonds price
A helpful trick to getting a great diamond at a great price is by buying a diamond just under the next whole number carat weight. At each threshold a diamonds cost with increase slightly more than each tenth of a carat change. You can see the difference in our diamond price guide or with our Diamond Search Tool.
The JamesAllen website as well as Mondera‘s and Blue Nile‘s has a sliding meter to help illustrate the variations in diamond price changes. These are great tools to determine the price of a diamond to fit into you budget threshold.
A Diamonds Value can also incur changes through appreciation. As a diamond’s characteristics become more or less rare the price of a diamond can fluctuate hundreds of dollars in either direction. In the case of estate jewelery a diamond engagement ring price can be substantially more valuable than it’s original diamond ring price.
Diamond Cost; Diamond Cut: Diamond Clarity;
Diamond Color; Diamond Carat; Certified Diamond
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- Emerald Cut Diamond Ring (thediamondringreview.com)
